AI Evaluation Notes

The prediction advises traders to wait for confirmation before shorting a stock at a new high to avoid missing the opportunity. In 2024, the S&P 500 reached numerous all-time highs, indicating a generally bullish market. In such an environment, waiting for confirmation for a short trade is a prudent strategy to avoid premature entries that could lead to losses if the stock continues to climb. While a strong bull market might present fewer genuine shorting opportunities after new highs, the principle of waiting for confirmation ensures that if such an opportunity does arise, it won't be missed due to impatience, and it helps in avoiding costly premature short positions.