Copiers Weekly Portfolio Update 🚀 (Week 48: Nov 27th – Dec 03rd)

🚀 Weekly Portfolio Update 🚀 (Week 48: Nov 27th – Dec 03rd)

Dear Copiers,

Here’s a quick dive into my weekly portfolio performance for Week 48:

📈 Market Overview:

Stocks soared, with S&P 500 and Dow Jones hitting year-highs. Fed Chair Powell’s signals on interest rates fueled optimism. Santiago1000 rose +0.18%, Dow rallied 2.4%, S&P climbed 0.7%, Nasdaq gained 0.4%. Treasury yields fell to 4.225%.

🚗Cybertruck

Traders weren’t impressed with Tesla’s Cybertruck launch at the Austin Gigafactory. $TSLA (Tesla Motors, Inc.) shares fell 1.7% during the regular session and another 2.1% after hours. The electric pickup, with a starting price of $60,990, faced skepticism due to delays in availability (2025 for base edition) and discrepancies in promised specs like speed and range. Investors await proof of Cybertruck’s performance before applauding.

📊Investing Legend

Investing legend Charlie Munger, Warren Buffett’s long-time collaborator, passed away peacefully at the age of 99 in a California hospital. Munger, the vice chairman of $BRK.B (Berkshire Hathaway Inc) and one of its major shareholders, had an estimated net worth of around $2.5 billion. Together with Buffett, they transformed Berkshire from a textile manufacturer into a conglomerate over a partnership spanning nearly six decades.

🌐 World Indices:

London +0.6%, France +0.7%, Germany +2.3%, Japan -0.6%, China -0.3%, Hong Kong -4.1%, India +2.3%.

💹 Forex and Cryptos:

EUR/USD -0.51%, USD/JPY -1.77%, GBP/USD +0.86%, Bitcoin +2.7%, Ethereum +0.5%.

📊 Top Performers (WEEK):

$CROX (Crocs Inc): +12.65%

$LULU (Lululemon Athletica Inc): +8.07%

$MELI (MercadoLibre): +7.59%

FCX: +6.51%

TTD: +6.44%

ENPH: +6.29%

BLDR: +3.39%

ARGT: +3.33%

MHO: +3.21%

Santiago1000: +0.18%

💡 What’s Ahead Next Week:

U.S. jobs report on Friday, impacting interest rate decisions. Events from Shopify, McDonald’s, Johnson & Johnson, and earnings from Broadcom, Lululemon, and more.

📆 Earnings Spotlight:

Dec 6: C3.ai (AI), Chewy (CHWY), GameStop (GME). Dec 7: Broadcom (AVGO), Lululemon (LULU), Dollar General (DG). 🌐 IPO Watch: No new IPOs, but Panera Brands and Shein filing for IPOs in 2024.

🗓️ Conference Schedule:

Barclays Global Tech Conference, Craig-Hallum’s Online Gaming Conference, Raymond James Tech Investors Conference, Morgan Stanley’s Global Consumer & Retail Conference, Wolfe Research Small & Mid-Cap Conference.

 

Stay tuned for more updates!

 

Until next time,

 

Santiago 🚀