Unlock Superior Returns: Don't Miss Our Next Big Signal 🚀
We don't always get it right but sometimes we "nail it." In our Just Do Something, discover how incorporating RSI has helped improve the quality of our signals and lead to better returns.
Just Do Something
From time to time, our signals are early. From time to time, our signals are wrong; stocks go up in price when we send out a Sell or go down when we issue an Add/Initiate. And sometimes they move a lot in the wrong direction. We have constantly encouraged developing a risk management tool to manage volatility because no one has an investment system that is perfect.
But sometimes we really get it right; “We Nail It” and it’s those times that lead to superior returns that more than pay for our service. We believe the recent addition of Relative Strength Index (RSI) has substantially improved the quality of our signals, which translates into even better outcomes for our subscribers, making it easier to identify and act on the signals most likely to be right.
On October 27, 2023, “We nailed it.”
The S&P 500 ETF (SPY) closed at $410.68 and had an RSI of 29.1 (oversold).
This is the data for October 27.
There were 16 securities that had an Add/Initiate signal that day and had a Zone 3 or 4 (with Zone 4 indicating a strong upside opportunity), and had an RSI of less than 30, indicating oversold.
Let’s see where the S&P and these 16 securities are trading today.
The S&P is up 15.4% over the timeframe from 10/27/23 to 1/9/24 accounting for over half of the total return for the year in just 2 ½ months. But that’s not all.
Of the list of 16, 100%, had a positive return and 69% of the positions had a positive return greater than the S&P. Moderna (MRNA) was the top winner up 53.2%, followed by Ark Innovation (ARKK) which was up 45.2%. We can only imagine what the return would have been if a subscriber had used the signals to buy at the money call options (hint, coming soon).
If you had invested $500 in each position, you would have a $1,707 gain. That is about 9 years of subscription fees.
Like we said in the beginning, we don’t always get it right; we strive to but occasionally fail, that’s just the reality of investing. Then again, sometimes “We nail it” and we hope that next time we do, you are along for the ride.
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