Samwise Model Portfolios
The portfolios below are separated by launch dates. Each portfolio is entirely independent and has no bearing on any other model portfolio. We launch entirely new portfolios during each market correction as an illustrative tool for new subscribers who weren't present during...
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So for someone who doesn’t own NV atm, you would not recommend buying around 112-113 level before Fed’s decision? Should the person wait for $108-104 as an entry point? I was tempted to buy more at $114.50ish but held off cos the signal isn’t all that clear!!!
So I tend to steer clear of giving individually tailored recommendations. All we can really do is outline what we’re doing in the SW Portfolio. I try to make it easy to follow by launching new portfolios every time the market sustains a correction to make the overall site easier to follow.
But the point I was trying to make there is that we have lower entries at $103. So we can afford a higher entry which gives us an overall cost-basis that’s relatively low which in turns lowers our overall risk.
There’s simply too much risk for me to really advise what someone on the slidelines should do at $112-$113. The opportunity risk is massive but so is the risk of capital loss if the market sustains a third leg lower.
Our forecast confidence right now is relatively low. It’s very high at oversold conditions and under circumstances where the market or Nvidia is down big from its all-time highs. At $100-$103, Nvidia was down nearly 30% from its all-time highs AND it was oversold. At $112-$113, it won’t be oversold AND it’s only down 19% from its all -time highs.
The risk profile is substantially different at $113 than when we bought at $103 average.
Understood. Thanks for the reply .
Form the charts it looks like Tesla actually dropped another 50$ over 3 months after it was deeply oversold, is that pretty unusual or just a risk you take when relying on these indicators?