The Weekly Nostradamus (No. 14 - 08/31/2024)
This thread is for my own entertainment only. Not a financial advice :) but I follow through and act accordingly on Monday.
Only bearish news this week on my crystal ball :( (now 38 of my stocks are or ought to be in correction and 12 shows upside potential)
Stocks might turn sour
🔻 $E (Eni SpA-ADR) getting rid of all profitable long positions and adding first leg of shorts
🔻 $GNL (Global Net Lease Inc) getting rid of all profitable long positions and adding first leg of shorts
🔻 $LUMN (Lumen Technologies Inc) getting rid of all profitable long positions and adding first leg of shorts (with shaking knees as it had an amazing run lately)
Stocks might get hot
💚 no such stock this week.
In case of all of my predictions I follow through on Mon. If it is negative, closing all profitable long positions and start my short sequence. (10 separate possible entries, with increasing % of the total allocated short amount). And of course vice versa in case the prediction is positive.
The ones already deemed doomed and adding more to the short position:
🔻🔻🔻🔻🔻🔻 $META (Meta Platforms Inc) adding 6th leg of shorts
🔻🔻🔻🔻🔻 $SPG (Simon Property Group Inc) adding 5th leg of shorts
The ones already considered a long opportunity and adding more to the long position:
💚 no such stock this week
Here You go, cite me months later and let's share a true or a bitter sweet smile on my foretelling skills :)
Have fun... Show More
