Proper Valuations for The Nasdaq as of 9/29/2021
- Strategeriest
- Sep 29, 2021
- 1 min read
Updated: Oct 1, 2021
Good afternoon,
On a positive note, the Indian government finally stood up to the heroine importers intentionally culling the population in the United States and India.
Looks like sales at Andrew Square and the intersection of Melina Cass and Methadone Mile will be down this week. Expect increased overtime expenditures by the Boston Police, and counterfeit opiate pills at local pharmacies to drive up demand.
The Long Short Portfolio is back to outperforming the market. I am still catching up on reviewing a good percentage of the financials related to the index. I am also still working on the tenor risk of the new long dated option contracts.
As the market is dropping, the portfolio is now performing as expected. The rotation from vol trading to investing is continuing to stabilize the index. It was also pleasant to witness the ten year continuing to normalize. Following it at the beginning of the summer was like watching Prism market for Grammarly to allow for easier indexing of all the html on the internet.
As the manufactured debt ceiling crises continues, let’s hope the government continues to keep a balanced budget, ends the theft by our elected officials, and reopens up the internet by getting rid of Prism.
Attached are the updated valuations of the Nasdaq Long Short Portfolio, ranked from most overvalued to least overvalued. The list includes buy and sell recommendations and recommended option contracts for relevant securities. Please note this is academic research and not investment advice. Please send me an email from the home page if you have any questions.
Warmest Regards,
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