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Weekly Portfolio Update – Week 22: May 27 – June 02

Hello, eToro copiers!

It’s been an eventful week for our portfolio. Here’s your recap:

📈 Santiago1000 Portfolio Performance:

  • Weekly: -0.26%
  • 3 Months: +8.04%
  • 12 Months: +50.62%
  • YTD: +34.01%

🌟 Top Weekly Portfolio Gainers:

  • $ANF: +15.12%
  • $NVDA: +2.97%
  • $ANF: +2.17%
  • $MELI: +1.89%
  • $BRK.B: +1.72%
  • $LLY: +1.60%
  • $AAPL: +1.19%
  • $JPM: +0.96%

📊 Weekly Market Analysis:

After a fantastic five-week win streak, the S&P 500 ($SPX) finally saw a decline, marking an end to an action-packed May.

Key Highlights:

  1. Salesforce ($CRM): The enterprise giant took a hit with lower-than-expected results, leading to a sharp drop in share value.
  2. NVIDIA’S Rise: 𝑁𝑣𝑖𝑑𝑖𝑎 $NVDA 𝑐𝑜𝑛𝑡𝑖𝑛𝑢𝑒𝑠 𝑡𝑜 𝑤𝑜𝑤, 𝑤𝑖𝑡ℎ 𝑡ℎ𝑒𝑖𝑟 𝑠ℎ𝑎𝑟𝑒𝑠 𝑠𝑘𝑦𝑟𝑜𝑐𝑘𝑒𝑡𝑖𝑛𝑔 to new heights.
  3. Fed’s Inflation Gauge: The core PCE Price Index met expectations, causing a ripple in consumer spending insights.
  4. Jamie Dimon on Private Credit: Jamie Dimon from JPMorgan ($JPM) added that while private credit is booming, it’s not without potential challenges.

Market Cap Leader:

  • Nvidia (𝑁𝑉𝐷𝐴)𝑠𝑡𝑎𝑛𝑑𝑠𝑠𝑡𝑟𝑜𝑛𝑔𝑤𝑖𝑡ℎ𝑎𝑚𝑎𝑟𝑘𝑒𝑡𝑣𝑎𝑙𝑢𝑒𝑜𝑓2.81T, inching close to Apple (𝐴𝐴𝑃𝐿)′𝑠2.92T. Can Nvidia overtake Apple? Stay tuned! 🚀

U.S. Indices:

  • Dow ($DJIA): -1.0%
  • S&P 500 ($SPX): -0.5%
  • Nasdaq ($COMP): -1.1%
  • Russell 2000: +0.8%

S&P 500 Sectors:

  • Consumer Staples: +0.1%
  • Utilities: +1.6%
  • Energy: +2%

Global Indices:

  • London: -0.5%
  • France: -1.3%
  • Germany: -1.1%
  • Japan: -0.4%
  • China: -0.1%
  • Hong Kong: -2.8%
  • India: -1.9%

Commodities and Bonds:

  • Crude Oil WTI: -0.7% to $77.18/bbl
  • Gold: +0.1% to $2,347.7/oz
  • Natural Gas: +2.4% to 2.581
  • Ten-Year Bond Yield: -0.2 bps to 4.503

Forex and Cryptos:

  • EUR/USD: +0.04%
  • USD/JPY: +0.19%
  • GBP/USD: +0.02%
  • Bitcoin: -2.3%
  • Litecoin: -2.1%
  • Ethereum: +0.8%
  • XRP: -4%

Investment Decisions:

  • Purchases: No new positions have been added.
  • Sales: No positions closed this week.

 

Predictions and Strategies:

I remain optimistic about the tech sector, particularly with AI’s rapid advancements. We’ll keep focusing on companies with strong technological innovation and solid fundamentals.

Investment TipsDiversification:

Spread your investments across various asset classes to reduce risk and hedge against market volatility. Whether it’s stocks, bonds, real estate, or cryptocurrency, diversification can potentially offer higher long-term returns.

Thank you all for your trust. Together, we will continue to grow and succeed!

Until next time, Santiago 🌟

🚀 Ready to join the journey? Follow and copy me on eToro!

#Investing #PortfolioUpdate #eToro #Stocks #Nvidia #Salesforce #Finance #MarketAnalysis

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