Copiers and Followers Update – WEEK 05 (January 27th to February 02sd)
Good morning,
Hello, how are you all?
A week of high volatility (it will probably continue). However, the portfolio performed and surpassed the S&P500 in january, increasing +2.44%, against -0.29%. It shows that the strategy is paying off. The assets should be kept, I will not trade “news”, I will trade numerous results. I am a long term Momentum and Growth Investor and will remain so. Closing the month at + 2.44% is a great start to the year. I seek to end 2020 with profitability greater than or equal to +50%. Let’s go!
In case of any doubt, you can access the FAQ of my blog: https://santiago1000.it/en/#faq
(Seeking Alpha) Wall Street sold off to end the week and month, as investors grew increasingly fearful about the potential global economic impact of China’s spreading coronavirus. Worries were exacerbated by increasing reports of worldwide cases; Delta, United and American Airlines suspending U.S.-China flights; and the U.S. Centers for Disease Control saying it would quarantine Americans evacuated from Wuhan, the epicenter of the outbreak. The Dow Jones index plunged more than -2% Friday in its worst showing since August, while the S&P 500 sank -1.8% and the tech-heavy Nasdaq fell -1.6%. For the week, the Dow $DJ30 $DIA dropped -2.5%, the S&P $SPY $SPX500 slid -2.1% and the Nasdaq $QQQ $NSDQ100 lost -1.8%.
Here is the detailed weekly income of the positions that make up the portfolio:
STOCKS
$MSFT +3.14% (earnings reported 01-29-20)
$PAYC +1.06% (upcoming earnings announce on 02-04-20)
$SHOP +0.04% (upcoming earnings announce on 02-13-20)
$LULU -0.40% (upcoming earnings announce on 03-24-20)
$GOOG -2.21% (upcoming earnings announce on 02-03-20)
$MA -2.39% (earnings reported 01-29-20)
$EDU -2.46%
$AAPL -2.76% (earnings reported 01-28-20)
$ENPH -3.61% (upcoming earnings announce on 02-26-20)
$TTD -3.92% (upcoming earnings announce on 02-14-20)
$CDW -5.42% (upcoming earnings announce on 02-07-20)
$RH -5.59% (upcoming earnings announce on 03-27-20)
$FB -7.36% (earnings reported 01-29-20)
$SEDG -11.14% (upcoming earnings announce on 02-07-20)
$OLED -14.51% (upcoming earnings announce on 02-21-20)
I added $ENPH . Enphase is one of the few solar companies that have thrived in the current environment. Enphase has been one of the pioneers in the burgeoning MLPE (module-level power electronics) solar industry, which is an increasingly important segment of solar. The company’s products are proving to be incredibly effective in optimizing solar modules and therefore increasing the cost-effectiveness of solar systems. As such, it is not surprising to see industry first movers like Enphase and competitor SolarEdge $SEDG outperform the industry.
Stocks/ETFs on my radar and that interest me: $MTCH $MELI $ROKU $CYBR $AMD $STNE $TSLA $TLT and $XLU .
Portfolio earnings reported summary
Apple delivers its best quarter ever – “It was sort of a blockbuster quarter all the way around,” Apple (NASDAQ:AAPL) CEO Tim Cook declared after stellar earnings and revenue for the holiday period. Net income for the latest period rose 11% to $22.24B, thanks to rising iPhone sales for the first time in a year and soaring demand for add-ons like AirPods. In fact, Apple’s fastest-growing business segment, “Wearables, Home and Accessories,” is now bigger than Mac. Apple also reported $207.06B in cash on hand, hosting one of the largest cash piles of any U.S. company.More earnings… Revenue from Microsoft’s (NASDAQ:MSFT) commercial cloud unit Azure soared 62% in Q4, things were not as rosy at Facebook (NASDAQ:FB), which fell 7% AH. The social network giant topped bottom and top line forecasts, though it was FB’s smallest-ever quarterly earnings beat (slowing growth?) amid an increase in expenses. Mastercard (NASDAQ:MA) closed out 2019 with its Q4 earnings on Wednesday. It topped analyst estimates on both the top and bottom lines. Mastercard continues to deliver solid performance.
Amazon rejoins the four comma club – Brushing off concerns about the cost of one-day delivery, Amazon shares surged 10% AH on Thursday as the e-commerce giant crushed expectations for the holiday season with sales of $87.4B and profit of $6.47/share. AWS revenue was up 34% to $9.95B, while the company continued to plow money into overseas markets such as India and Brazil. The impressive results and over $2,000 share price saw Amazon (AMZN) re-enter the elite $1T market cap club, which has already extended membership to Apple (AAPL), Microsoft (MSFT) and Alphabet (GOOG, GOOGL).
The coronavirus outbreak in China will undoubtedly dominate headlines once again as investors look to get a handle on how bad the ramifications are for the global economy. Near ground zero, trading resumes Monday in Shanghai and Shenzhen after the week break for the Chinese New Year. On the U.S. earnings front, major players Alphabet (NASDAQ:GOOG), Disney ( $DIS ), General Motors ( $GM ) and BP ( $BP ) step to the earnings stage along with hundreds of other companies. The macro spotlight falls on the January jobs report due out at the end of the week. Economists are looking for 156K jobs adds and a slight uptick in hourly wages. Meanwhile, Super Bowl LIV will be more than just an entertainment and advertising spectacle on Sunday as legalized sports betting goes mainstream to create some interesting side bets on the companies looking to rake it in.
Notable earnings reports: Alphabet (GOOG) and Sysco ( $SYY ) on February 3; Disney (DIS), Chipotle ( $CMG ), Ford (NYSE:F), Snap (NYSE:SNAP), Sony (NYSE:SNE), MSG Networks (NYSE:MSGN), Seagate Technology (NASDAQ:STX), BP (BP) and NXP Semiconductors (NASDAQ:NXPI) on February 4; Qualcomm (NASDAQ:QCOM), Spotify (NYSE:SPOT), Merck (NYSE:MRK), Humana (NYSE:HUM), General Motors (GM), Match.com (NASDAQ:MTCH), Fox Corporation (NASDAQ:FOX), FireEye (NASDAQ:FEYE), GoPro (NASDAQ:GPRO), Peloton Interactive (NASDAQ:PTON) and IAC/InterActiveCorp (NASDAQ:IAC) on February 5; Uber ( $UBER ), Twitter ( $TWTR ), Pinterest (NYSE:PINS), Baidu (NASDAQ:BIDU), New York Times (NYSE:NYT), Dunkin’ Brands (NASDAQ:DNKN), Tyson Foods (NYSE:TSN), Philip Morris International (NYSE:PM), Take-Two Interactive (NASDAQ:TTWO) and Activision Blizzard (NASDAQ:ATVI) on February 6; Abbvie (NYSE:ABBV) on February 7.
Thanks for reading.
Best regards,
Santiago
