Dear SPI-Club Members
Welcome to the latest edition of SPI-Signals, where we provide insights into the daily market movements within our Model Portfolio. We trust that this report will contribute to your informed decision-making process.
On the date of 14th August 2023, we observed noteworthy positive movement withinvarious sectors. The performances are as follows:
1. Telesat Corp: +10.87% (SpaceExploration) – YTD Performance: + 13.32%
2. GSI Tech: +9.82% (Semi-Conductors) – YTD Performance: + 13.29%
3. Ouster: + 8.77% (Autonomous Dr) – YTD Performance: – 20.42%
4. Nvidia: + 7.09% (Metaverse) -YTD Performance: +169.76%
5. Micron: + 6.07% (Semi-Conductors) – YTD Performance: + 3.45%
NoteworthyDownside Movement on the Same Day: Conversely, certain sectors experiencednegative movement:
1. Evgo: -12.31% (EV Suppliers) – YTD Performance: – 39.81%
2. Execienta: – 9.01%(AI – Drugs) – YTD Performance: +126.97%
3. Telesis Bio: -6.11%(Sector: BioScience – YTD Performance: – 65.16%
Of Particular Interest – Telesat Corp:
Telesat Corp has entered double-digit territory once again, following our recent report of +53.49% on the previous Friday. This continued momentum is noteworthy. However, it’s important to highlight that Telesat Corp has yet to reach its historical all-time high share price of $58.01. An impressive upside potential of +303.41%, achieved on 09/12/2004, remains an enticing prospect.
Key Considerations and Perspective:
Please be reminded that all shares and Crypto Currencies selected for inclusion within the SPI-Club Innovative Disruptive Portfolios are inherently subject to both upward and downward market volatility. Your response to this volatility is pivotal in shaping the value of your SPI-Club Membership and establishing the foundation for future financial success.
In light of the aforementioned performance statistics, it’s worth noting that while Nvidia’s recent performance might seem attractive for growth-orientedinvestors, caution is advised due to its current trading proximity to its all-time high share price and is marked on the Model Portfolio as a 50% SELL.
While we anticipate continued growth for Nvidia, we also identify greater potential upside in other selections within our Model Portfolios.
The SPI-Club Approach – A “PERMANENT” Strategy:
At SPI-Club, our approach is characterized by its adaptability and durability. We guide you through a flexible “PERMANENT” strategy that effectively navigates short-term, medium-term, and long-term financial volatility, all in alignment with your unique financial objectives.
Building Wealth: Timing and Patience:
Whether you’re investing for growth or income, strategic planning is essential. In the pursuit of growth, acquiring undervalued shares during market dips sets the stage for long-term wealth accumulation. When these shares appreciate, consider harvesting some gains to equalise the value positions in your portfolio, or introducing new undervalued opportunities.
This approach demands both vigilance and patience, key attributes for successful wealth building.
Introducing Stein International Investment Management:
For those seeking income-generating avenues, we recommend considering the services of Stein International Investment Management, led by Rob Allen and his team. To learn more, please visit their website: www.stein-investments.com.
Best regards
Stuart Langan
SPI-Club Founder