Hello, my dear eToro copiers!
I hope this message finds you all in great spirits.
📈 Santiago1000 Portfolio Performance:
Weekly: +6.81%
3 Months: +5.72%
YTD: +36.59%
12 Months: +53.28%
Truly, these numbers bring a smile to my face, and I hope they do the same for you. It’s been a journey of mindful decisions and, dare I say, a bit of strategic intuition.
📈 Top Weekly Portfolio Gainers:
$SMCI: +23.59%
$NVDA: +18.93%
$ANF: +12.39%
$VRT: +11.14%
$AMD: +10.64%
Massive shoutout to these performers for propelling us forward. Diverse, dynamic, and daring – that’s how we roll!
📊 Weekly Market Analysis:
Fellow investors, the winds of the market this week blew strongly in our favour. The pulse of Wall Street – reflected by the S&P 500 index – surged to its best weekly leap since late last year, shattering a four-week downtrend and nearing its record close.
The light shone particularly bright on the Information Technology sector, boasting a staggering 7.51% gain, powered by ballooning confidence in growth areas amidst favourable economic data and easing slowdown fears.
Contrary to the Fed’s prior tone, expectations have softened around aggressive rate cuts, following insightful economic indicators. An atmosphere of resilience dances within the US market, buoyed by robust earnings and brewing excitement around artificial intelligence.
🚀 Predictions and Strategies:
The resilience of the US stock market is undeniable, with sparks of innovation especially in AI driving forward momentum. The strategy remains unchanged: steady, calculated risks balanced with an eye for growth. The correction that ended on 5th August has shifted the market into a confirmed uptrend. Both the S&P 500 and Nasdaq have climbed above their 50-day moving averages.
📚 Investment Tips:
A little piece of advice—avoid getting swayed by the allure of meme stocks, cryptocurrencies, and NFTs. Remember, trending doesn’t mean winning. Our journey is about building a solid foundation for your financial future, making informed choices rather than chasing the wind. Yet, it’s perfectly fine to set aside a little, for speculative fun, as long as it’s within the realm of what you’re willing to part with, should the tide turn.
💫 A Heartfelt Note:
To each one of you, thank you for entrusting this journey with me. Our voyage is far from over, and I believe the horizon holds vistas of prosperity and growth for us all. Let’s march forward, hand in hand, into the promising embrace of the future.
Until we meet again in our next update,
Warmest regards,
Santiago 🌟
