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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See comments on Nvidia at 12:05 PM EST
When the sky is clear, I foresee the clouds: three months ago, I warned about a very bad bet over a 1-year horizon on the continuation of the Nasdaq’s upward trend.
The rise, as it has taken shape since autumn, leads me to hypothesize the end of wave 5 in a Wedge, through exhaustion, which only strengthens my conviction of a market correction in the weeks and months to come.
To summarize, I consider the realization of a bull-trap above the previous high built in early July as probable.
Also April : 90.62$ to 76.20$ : -14.42$
UHN is down 10% this week. Do you think this decline will be temporary due to the recent shooting? I’ve read that the incident might impact how they handle coverage decisions, which could limit their profits.
Looking forward to monitoring the NVDA situation next week for the Targaryen portfolio. Love the references to GoT and Fringe by the way.