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Portfolio Drivers – Week 38: Sep 16 – Sep 22

By 22 de September de 2024 No Comments
Explore our latest portfolio performance with a +2.53% weekly gain, the impact of the Fed's rate cut, and top performers. Dive in for insights!

Hello, Santiago1000 copiers and followers! 👋 Thank you so much for your continued support! This week, I’m excited to share updates on our portfolio and what drove our performance. Let’s dive in! 💪📈

 

📈 Portfolio Performance Overview:

  • Weekly Gain: +2.53%
  • Year-to-Date: +38.21%
  • Last 12 Months: +56.62%

What a week! Our Santiago1000 portfolio saw some solid gains, reflecting broader market trends following the Fed’s historic interest rate cut! 🎉

 

🌟 Top Performers of the Week:

  • $VST (Vistra Corp): +26.10%
  • $FIX (Comfort Systems USA Inc): +10.76%
  • $VRT (Vertiv Holdings Co): +10.24%
  • $BLDR (Builders FirstSource): +7.88%
  • $META (Meta Platforms): +7.00%

Analysis:

  • Vistra Corp had an incredible week, benefitting from the rising demand for clean energy solutions as the market shifts towards sustainability. 🔋
  • Comfort Systems USA Inc and Vertiv Holdings also saw substantial gains, likely due to strong performance forecasts amid ongoing infrastructure investments. 💡

 

📊 Weekly Market Overview:

This week was historic! The S&P 500 closed above 5,700 points for the first time, driven by the Fed’s first interest rate cut in four years (a 50 basis point drop!). 📉💥

Market sentiment is strong, as investors are feeling optimistic about a potential soft landing for the economy. Let’s hope this momentum continues!

  • U.S. Indices:
    • Dow +1.6%
    • S&P 500 +1.4%
    • Nasdaq +1.5%

Sector Highlights:

  • Consumer Staples: -1.2%
  • Utilities: +2%
  • Energy: +3.8%

The energy sector is heating up, and it’ll be interesting to see how these trends develop with the Fed’s stance on interest rates! 🔍⚡️

 

Conclusion:

Reflecting on this week’s tremendous growth and dynamic market conditions, I remain optimistic and excited for what lies ahead. Our diversified portfolio strategy continues to demonstrate its resilience and potential for capturing growth across different sectors and assets.

I encourage each of you to share your thoughts, questions, or feedback. Engaging with you not only strengthens our community but also enriches our collective investment journey. Let’s look forward to another week of opportunities and growth!

 

Here’s to more green weeks ahead! 🍀

 

Your trusted partner,

 

Santiago

 

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