🚀 Weekly Portfolio Update 🚀
(Week 49: Nov 04th – Dec 10th)
Dear Copiers,
Here’s a quick dive into my weekly portfolio performance for Week 49:
📈 Market Overview:
Last week brought another round of gains, with the S&P 500 and Nasdaq Composite hitting their highest closing levels since early 2022. Santiago1000 rose +1.07%, outperforming the market. The drop in the unemployment rate and positive economic indicators suggest a soft landing for the economy. Keep an eye on the Federal Reserve’s meeting for potential market impacts.
💰 Investment Highlights:
$Gold and Bitcoin $BTC reached new highs, driven by global uncertainties.
McDonald’s $MCD introduced CosMc’s, a small store format with customizable beverages.
Energy prices continued to decline, impacting crude oil $OIL and gasoline $USO.
Government’s proposal to seize patents of costly drugs raised concerns and debates.
Funding issues on Capitol Hill could affect national security and defense stocks.
📊 Weekly Movement:
U.S. Indices:
Santiago1000 +1.07%, Dow flat, S&P 500 +0.2%, Nasdaq +0.7%.
S&P 500 Sectors:
Consumer Discretionary +1.1%, Energy -3.3%, Tech +0.7%.
World Indices:
Mixed performance across global markets.
💡 Top Portfolio Performers (WEEK):
$AMD: +6.20%
$BLDR: +6.05%
$MHO: +5.29%
$LULU: +4.94%
$VRT: +4.43%
$GOOG: +2.49%
$META: +2.44%
$LLY: +2.40%
$AAPL: +2.34%
$TSLA: 2.10%
📈 What’s Ahead Next Week:
Focus on the Federal Reserve’s meeting and key economic reports. Earnings from Oracle $ORCL, Costco $COST, and Darden Restaurants $DRI.
Until next time,
Santiago 🚀
