WEEK 14 SUMMARY

Hi guys!

Unfortunately we are unable to close two consecutive weeks in green. Last week we recorded about + 5% and this week we are back by 3%. Difficult situation for our portfolio compared to the nasdaq which is dragged to new highs by the usual 5 large cap companies with an average earnings of 7-8% weekly. I am surprised by the market response on FB which records a 4% gain this week (5% last week) despite the bad news. The renewable and healthcare sectors have been most affected.

Performance: 0/5 - We underperformed the Nasdaq this week, it closes at + 3.12% (unbelievable), and we close at a loss

Satisfaction: 1/5 - I am not satisfied, however in the long run I have no reason to worry

In the weekly TOP 3:

1. AAPL: + 8.13%

2. PLTR: + 4.20%

3. ARKK: + 1.99%

And a few others

In FLOP 3 we find:

1. EVFM: -13.37%

2. SPWR: -10.62%

3. CSIQ: -10.60%

Back in our TOP 3 PLTR, lately it has been silent, but as we know the stock is not the company, in fact in recent times it has registered many new contracts, the last of 89.9 million for 5 years with the National Nuclear Security Administration, in the meantime he has invested in Sarcos and Lilium which could be the future of aviation and robotics ... We are waiting for the “Doble click” Demo on April 15th. I am very bullish on pltr.

SPWR and CSIQ continue to post losses, it is true that over the past year we have seen a strong rally for solar companies, but in the case of these two we are facing a price below the intrinsic value of the company. To give a quick idea (not exhaustive) of their value, looking at the P / E ratio, they are respectively 9 and 17. A normal value I think is from 15 to 17. Currently the Nasdaq has a P / E of 28, AAPL has 36. They are just examples, it is not an absolute method of analysis but relative, so comparing it with aapl doesn't make much sense because they are from different sectors, but it gives an idea. Another company that has a ridiculous P / E is TTCF (P / E of 11), it is underperforming the market.

Now I would like to make a small remark about NIO. Friday in the last hour has recovered more than 2% due to Elon's Tweet congratulating NIO on their milestone of 100,000 cars produced. The News was on Wednesday and that same day NIO lost 7%. It only took a tweet from Musk to reverse course and recover. Not to mention all the "to the moon" then appeared on the notice board of Etoro that reported the goal achieved or the screenshot where the CEO of Tesla made the compliments to the company. I am very surprised by the behavior of many people who invest in "something" just because "someone" says they do (GME or Dogecoin case). It is true that in the long run this type of news does not affect the market, but still I am surprised by the reactions of the market to insignificant news. I hope that this tweet will help reverse the medium-term trend of NIO which has been heavily affected by the lack of chips and US-CHINA relations. However, some rumors (far away) claim a meeting with Xiaomi's chip division manager, I don't give weight to these rumors, but it is true that its rival Xpeng seems to be developing its own autonomous driving chip. It would not surprise me if in the not too distant future NIO also makes the same decision should the shortage continue for much longer. The CEO expects that the problem should begin to resolve itself towards the second half of 2021. We will see what the future awaits us, however apart from the chip shortage I see no reason why NIO must continue to suffer, let's also remember its opening to the European market in the second semester. Positive attitude and I hope that soon this will be just a bad memory!

Expecting better days, I wish you a good start to the week!