Hello, eToro copiers!
🌟 Weekly Portfolio Performance:
- Weekly: +4.38%
- 3 Months: +14.05%
- 12 Months: +54.97%
- YTD: +43.47%
🚀 Top Weekly Gainers:
- $HIMS: +14.24%
- $CRWD: +10.40%
- $SMCI: +9.81%
- $NVDA: +9.09%
- $AAPL: +7.92%
Weekly Market Analysis:
Hey everyone! Another exciting week for the Santiago1000 portfolio, with a solid +4.38% gain! 🎉 The S&P 500 ( $SPY) had its best week in over a month thanks to some surprisingly soft inflation data. This news helped us outpace the broader market, with the Nasdaq ( $QQQ) up +3.2%, while the Dow ( $DJIA) dipped -0.5%.
Apple ( $AAPL) made waves at their Worldwide Developers Conference, introducing new AI features and a major boost to Siri with ChatGPT integration. Initially, the market was skeptical, but by Tuesday, $AAPL surged +7.3% as Wall Street praised the updates. Nvidia ( $NVDA) and Hims & Hers Health ( $HIMS) also continued their strong performance, indicating that tech and innovation are still very much in favour.
Despite some mixed signals from the Fed, which held rates steady but hinted at fewer cuts in 2024, the overall sentiment remains positive. Inflation data showed a flat CPI for May, which is a good sign for those of us hoping for a soft landing.
Tesla ( $TSLA) had a big win with shareholders approving Elon Musk’s $56B pay package, and there’s some tension brewing with new EU tariffs on Chinese EVs, which could impact $TSLA’s Shanghai operations.
Investment Decisions:
- Purchases: No new positions this week.
- Sales: No positions closed this week. I’ve been closely monitoring the market and evaluating potential opportunities.
Predictions and Strategies:
Even with the recent ups and downs, the US stock market shows resilience. Big caps and growth stocks like $NVDA and $HIMS are still capturing investor interest with their strong performances. This indicates that the underlying momentum remains strong, even with the occasional dip.
Investment Tips:
Stick to the basics: hold onto your winners, cut your losers, avoid chasing hot tips, and steer clear of penny stocks. Consistency is key. Keep a long-term perspective to maximise your investment potential.
Thank you all for your trust. Let’s continue to grow together!
Until next time,
Santiago
👉 Follow and copy my trades on eToro!
#Investing #PortfolioUpdate #eToro #Stocks #Nvidia #Meta #CrowdStrike #AI #BullishMarket 🚀📈
