Portfolio Update – WEEK 32 (August 03td to August 09th)

By 10 de August de 2020 No Comments

Portfolio Update – WEEK 32 (August 03td to August 09th)


Good morning,


Hello, how are you all?

For the week, the portfolio rose +5.23%, for the year, the result is fine, +48.26% YTD and for August +5.23%. This was the second consecutive week with strong growth, greater than 5%. The results reported by the technology companies in the portfolio were excellent. Open path for the best possible 90 days. In conclusion, the strategy continues to work surpassing the three main Wall Street indices. My wife and I were confined at home for 143 days. Check it out the portfolio stats .

In case of any doubt, you can access the FAQ of my blog:


(Seeking Alpha) A bout of late buying helped the stock market pare losses to finish little changed Friday following a jobs report showing that 1.8M jobs were added in the U.S. during July. The market brushed off the failure of D.C. lawmakers to secure a new coronavirus relief bill, and President Trump is threatening to issue executive orders that could unilaterally implement specific measures such as halting evictions. But tech stocks lagged after the president signed orders banning Chinese apps TikTok and WeChat from the U.S. unless they are sold to other companies within the next 45 days. For the week, the Dow jumped +3.8% for its biggest percentage gain in two months, while the S&P 500 and Nasdaq Composite each added +2.5%.


Here is the detailed weekly income of the positions that make up the portfolio:



SEDG – SolarEdge Technologies, Inc. +20.77% (earnings reported 08-03-20)

ENPH – Enphase Energy, Inc. +20.68% (earnings reported 08-04-20)

AMD – Advanced Micro Devices, Inc. +9.58%

TTD – The Trade Desk, Inc. +9.28% (earnings reported 08-06-20)

MA – Mastercard Incorporated +6.32%

MELI – MercadoLibre, Inc. +6.17% (earnings upcoming announce 08-10-20)

FB – Facebook, Inc. +5.82%

NVDA – NVIDIA Corporation +5.51% (earnings upcoming announce 08-19-20)

LULU – Lululemon Athletica Inc. +5.08% (earnings upcoming announce 09-10-20)

AAPL – Apple Inc. +4.57%

PAYC – Paycom Software, Inc. +4.32% (earnings reported 08-04-20)

MSFT – Microsoft Corporation +3.64%

SHOP – Shopify Inc. +2.84%

ZM – Zoom Video Communications, Inc. +1.90% (earnings upcoming announce 09-01-20)

TSLA – Tesla, Inc. +1.53%

PYPL – PayPal Holdings, Inc. +1.31%

NFLX – Netflix, Inc. +1.20%

GOOG – Alphabet Inc. +0.78%

AMZN –, Inc. +0.09%

FTNT – Fortinet, Inc. -5.28% (earnings reported 08-06-20)

FSLY – Fastly, Inc. -17.78% (earnings reported 08-05-20)


No portfolio changes this week.

Stocks/ETFs on my radar and that interest me: COUP, ADBE, VEEV, SQ and TLT.


Precious metals rally

Spot gold climb as high as $2,070 per ounce, recording its best weekly run since the Global Financial Crisis, while spot silver nearly touched $30/oz. The printers are running… Investors are counting on even more spending in the U.S., while markets latched on to comments from San Francisco Fed President Mary Daly that the U.S. economy will need more support than initially thought. Search for a new reserve currency? Goldman Sachs said gold may climb to $2,300/oz. and RBC Capital is putting the odds of a rally to $3,000/oz. at 40%.


“Coronavirus misinformation” takedown

Facebook (NASDAQ:FB) and Twitter (NYSE:TWTR) took action against the account of the Trump campaign and @TeamTrump late Wednesday, removing a post for violating policies around “harmful COVID misinformation.” YouTube (GOOGGOOGL) also followed suit. The posts were a video clip from a Fox News interview with President Trump about reopening schools, in which he claims children are “almost immune” to COVID-19. The tech giants have faced heat in recent months, with some saying their censorship reach is going too far, while others say they are not policing enough.


Self-driving misconduct

One of the most prominent trade secret cases in recent years has come to a close as Anthony Levandowski was sentenced to 18 months in prison (his incarceration will be delayed until after the COVID-19 pandemic). Levandowski had been a key engineer at Google’s (GOOGGOOGL) Waymo before starting his own self-driving truck company called Otto. The latter was eventually bought by Uber Technologies (NYSE:UBER), where he became the head of its self-driving unit, but Levandowski eventually pleaded guilty to taking thousands of files from his former employer when he left in 2016.


Stimulus impasse

A three-hour meeting Thursday evening between White House officials and Democratic leaders yielded little progress on a virus relief package, bringing the talks to the brink of collapse. It’s unclear whether the two sides will resume negotiations today, meaning President Trump would likely rely on executive actions. “The one thing the President can do is extend the moratorium and that would be a good thing if there’s money to go with it and that’s what we keep telling them,” House Speaker Nancy Pelosi declared, adding that he “can’t move that much money” without congressional approval. The week ended with President Trump threatening executive action to extend COVID-19 relief if a deal isn’t worked out. The amount of the benefits wasn’t specified.


Weekly Market Movement Wrap

U.S. Indices
Dow +3.8% to 27,433. S&P 500 +2.5% to 3,351. Nasdaq +2.5% to 11,011. Russell 2000 +5.8% to 1,566. CBOE Volatility Index -9.2% to 22.21.

S&P 500 Sectors
Consumer Staples +1.4%. Utilities +1.%. Financials +3.3%. Telecom +3.%. Healthcare +0.9%. Industrials +4.8%. Information Technology +2.9%. Materials +2.2%. Energy +3.1%. Consumer Discretionary +1.9%.


Thanks for reading.


Have a good one,




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