Hello, eToro copiers! 🌟
It’s time for our weekly review of the Santiago1000 portfolio, and we’ve had another strong performance!
📈 Portfolio Performance:
- Weekly: +2.56%
- 3 Months: +9.39%
- 12 Months: +53.30%
- YTD: +37.45%
Top Weekly Gainers:
- CrowdStrike ($CRWD): +11.30%
- Nvidia ($NVDA): +10.27%
- ASML ($ASML): +7.09%
- Hims & Hers Health ($HIMS): +7.05%
- Novo Nordisk ($NVO): +5.62%
- Meta Platforms ($META): +5.60%
All three major stock indexes had a winning week, with our Santiago1000 portfolio rising +2.56%, outpacing the S&P 500’s +1.3%, Dow Jones’ +0.3%, and Nasdaq’s +2.4%.
📊 Weekly Market Analysis:
Despite a slight dip on Friday, our portfolio ended the week on a high note, driven by positive job data and the ECB’s rate cut decision. The U.S. added 272,000 new jobs in May, which was well above expectations, impacting interest rate cut hopes.
Market Highlights:
- All major U.S. indexes posted gains:
- S&P 500: +1.3%
- Dow Jones: +0.3%
- Nasdaq Composite: +2.4%
- GameStop ($GME) had a wild ride with significant volatility influenced by Keith Gill’s activity and the company’s announcement to sell 75M new shares.
Global Indices Movement:
- London: -0.4%
- France: +0.1%
- Germany: +0.3%
- Japan: +0.5%
- China: -1.2%
- Hong Kong: +1.6%
- India: +3.7%
Commodities and Bonds:
- Crude Oil WTI: -2.1%
- Gold: -1.5%
- Natural Gas: +13.5%
Forex and Cryptos:
- Bitcoin: +2.3%
- Litecoin: -3.9%
- Ethereum: -3.6%
- XRP: -3.7%
Investment Decisions:
- Purchases: No new positions added.
- Sales: No positions closed.
I’ve been closely monitoring the market and evaluating potential opportunities. No new trades this week, but lots happening in the market!
Predictions and Strategies:
The US stock market is looking bullish! With rising earnings and excitement around AI, the S&P 500 is hitting record highs. Big caps and growth stocks are shining, suggesting this positive momentum might continue.
Investment Tips:
A company’s profitability depends not only on having a good profit margin but also on consistently increasing it. Look back at least five years for a good indication of historical profit margins. Steadily increasing margins indicate efficient and successful management.
Thank You!
I want to thank everyone for their trust and support. Let’s continue this journey together and keep growing our portfolios!
Until next time, Santiago 🌟
👉 Follow and copy my trades on eToro!
#Investing #PortfolioUpdate #eToro #Stocks #Nvidia #Meta #CrowdStrike #AI #BullishMarket 🚀📈