WEEK 38 SUMMARY

Hello guys!

Let's go back to our week report that we left suspended in August and September for various reasons. I know you were impatient to see the weekly trend and so here we are!

We immediately start from the assumption that having deposited during the week I am not very clear how much we closed in negative (this is sure!). Based on my calculations we should be around 2.62% not counting the deposit I haven't used yet.

Anyway let's move on to the facts!

Bad week for us, Monday was the blackest day since the beginning of the year but I already talked about it in a previous post. For the moment it seems that the enormous fear of Evergrande's default is waning and only time will tell us what will happen. I personally doubt the default.

Even our dear Uncle Powel spoke at the end of the FED meeting and the ears were only and exclusively on tapering. Nothing new, The Federal Reserve will continue to buy securities at an unchanged pace: 80 billion Treasuries and 40 billion mortgage backed securities per month. The most likely form of tapering, President Powel revealed at a press conference, could lead to zero purchases in the middle of next year. Rates remain steady at 0-0.25%. The decision is always postponed to November and if the economy continues its recovery as expected in recent months.

Now let's move on to our TOP & FLOP appointment and see our beautiful painted Christmas wallet this week as the NSDQ100 gains 0.02%.

TOP3.

1. NEL.OL + 13.05%

2. HOOD + 5.97%

3. TQQQ -0.32%

FLOP3

1. CSIQ -8.79%

2. NIU -8.44%

3. YADEA -6.26%

I am not surprised to see 2 Chinese stocks on flop 3 extremely hit since the beginning of the year and brought to very low prices.

Even CSIQ absurdly has always been one of the most undervalued solar companies and to date has a market capitalization (2.02B) lower than its turnover (4.47B). Quite unusual for a fast growing company in the years to come, but sometimes mr. Market is so generous that I think I will increase a little if I have the opportunity, it is very close to the minimum of 52 weeks and it is always more interesting.

Rank start copy: 8/10. I think it is an excellent time to open the copy. Obviously, a prerequisite is patience and do not get desperate if you are negative. By starting the copy right now your profit will be much greater than mine at the beginning of the year having opened at a lower price than mine. So think about it and don't miss this great opportunity that Mr. Market offers you!

Ok guys, that's all for today. I tried to play down a bit in the post to make this time so hard that it is putting our nerves to the test. Everything will rise sooner or later. So thank you for your patience and trust, you will see, over time these efforts will pay off. Hello and happy Sunday everyone!