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How to Protect your Wealth by Investing in AI Tech Stocks

Stock Market Early Summer Correction Review

Stock-Markets / Stock Market 2021 May 28, 2021 - 03:13 PM GMT

By: Nadeem_Walayat

Stock-Markets

Five more small cap high risk stocks with the potential to X10 to invest in for 2021 and beyond, which follows on from my analysis of 9th of April How to Invest in HIGH RISK Tech Stocks for 2021 and Beyond featuring 5 stocks as I am seeking to replenish my portfolio after many former small cap high risk stocks have either been taken over or migrated into becoming 'safe' stocks such as Nvidia, AMD and TSMC, where the best of the new stocks in terms of current valuations was Corsair.


INVEST AND FORGET

Firstly do check out my earlier analysis (How to Invest in HIGH RISK Tech Stocks for 2021 and Beyond) so as to understand the mechanisms of investing and holding small cap high risk stocks where the basic strategy is to allow the winners to run to X10+ so as to offset those stocks that fail to take off which means a hands off approach is a must, else huge mistakes could be made such as exiting stocks too early that take off and thus fail to capitalise upon X10 growth which means one will be left only holding those stocks that failed to takeoff.

During this process I have screened over 200 stocks in attempts to identify smaller cap stocks that I am personally seeking to invest in for the long-run at the right price. And the primary screening tool I used during this exercise was the website Simply Wall Street, which allowed me to skim through stocks at the rate of about 6 per hour to identify those that could increase their market caps by several multiples whilst also seeking to limit the risk of failure and the stocks going to zero.

Stock Market Early Summer Correction Review

The stock market is in the midst of my forecast time window for an early summer correction of approx 10% decline as illustrated by my trend forecast graph-

9th Feb 2021 Dow Stock Market Trend Forecast 2021

(Charts courtesy of stockcharts.com)

The stock market correction began shortly after my last analysis with the first down leg terminating at just under 33,500 followed by rally to the lose close of 34,,394. My expectation are for the correction to run for several more weeks so there should be at least one more down leg to below the 33,500 towards my target of 32,500.

Meanwhile the correction in tek stocks has been far more severe, which has taken the Nasdaq to a low of 13000 from its high of 14,200 for a 9% correction before the recent bounce to 13,681. The Nasdaq like the Dow should also see another leg lower to new lows to target a trend to 12600.

The rest of this extensive analysis that concludes in my latest biotech stocks with the potential to X10 over the coming years Five More Small Cap Bio and Tech Stocks to Invest for 2021 and Beyond! has first been made available to Patrons who support my work.

Topics Include:

  • Invest and Forget
  • Stock Market Early Summer Correction Review
  • AI Stocks Strength vs Weakness
  • RAMPANT MONEY PRINTING INFLATION BIG PICTURE!
  • HIGH RISK STOCK BUYING LEVELS
  • RISK RATINGS
  • WESTERN DIGITAL - WDC $71 - CHIA! - Risk 1
  • Life Sciences Biotech Smaller Cap High Risk Stocks Investing Binge
  • Biotech stock 1 - Cheap Low Risk Pharma - Risk 1
  • Biotech stock 2 - HIGH RISK GENE EDITING - Risk 9
  • Biotech stock 3 - Low Risk 2
  • Biotech stock 4 - X10 for Max Risk 10
  • High Risk Stocks Portfolio Buying Levels
  • Covid India Black Mold Epidemic
  • Bitcoin and Raven Coin Buying Levels

So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.

My analysis schedule includes:

  • Bitcoin Trend Forecast - 50% done
  • More X10 Biotech Tech Stocks - 40% done
  • UK House Prices Trend Analysis - 10% done
  • How to Get Rich! - 70% done
  • US Dollar and British Pound analysis
  • Gold and SIlver Price Analysis
Again for immediate access to all my work do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.

And ensure you are subscribed to my ALWAYS FREE newsletter for my next in-depth analysis.

Your analyst investing in biotech stocks.

Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2021 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Housing Markets Forecast 2014-2018The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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