Portfolio Update – (Aug 02sd to Aug 08th)
Good afternoon!
Hello, how are you all?
For the week, the portfolio rose +1.60%. For the last 12 months, the result is fine, +45.84% and for August moved up +1.60% too. I remain confident in technology companies especially. In the next few days, I intend to add funds to the portfolio and reinforce the main positions. Check it out the portfolio stats https://etoro.tw/2UHOvRc .
In case of any doubt, you can access the FAQ of my blog: https://santiago1000.it/en/#faq
(Seeking Alpha) The stock market closed out the week higher, with the S&P and Dow ending at record highs as the strong jobs report buoyed reflation plays. Better-than-expected July payrolls and a bigger-than-anticipated drop in the jobless rate pushed rates sharply higher, with the 10-year Treasury yield jumping more than 8 basis points Friday to 1.3%. That’s 15 basis points higher than the low hit Monday as yields tumbled on concerns about the spread of the Delta variant. The payrolls gain also put pressure on metals, with gold futures settling with their worst daily drop since mid-June. For the week, the Nasdaq rose +1.1% to lead the major averages, despite a Friday decline. The S&P rose +0.9% and the Dow gained +0.8%.
Here is the detailed weekly income of the of the stocks that performed best in the portfolio:
STOCKS
SEDG – SolarEdge Technologies, Inc. +13.80%
MELI – MercadoLibre, Inc. +11.96%
SQ – Square, Inc. +11.26%
NVDA – NVIDIA Corporation +4.45%
LIT – Global X Lithium & Battery Tech ETF +3.81%
No changes for the portfolio this week. Stocks/ETFs on my radar and that interest me: GM, CROX, ADBE, PBR, OKTA and INMD .
Thanks for reading.
Have a good one,
Santiago
