Portfolio Update – (Aug 23td to Aug 29th)
Hello, how are you all?
For the week, the portfolio rose +4.22%. For the last 12 months, certainly the result is fine, +53.28% and for August moved up +2.87%. I remain confident in technology companies especially. In the next few days, in conclusion, 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) U.S. stocks spent most of the week inching up as investors waited for Federal Reserve Chairman Jerome Powell’s Jackson Hole speech on the economy, specifically hoping for clues on the Fed’s plan to taper asset purchases.
That muted activity changed on Friday when Powell said the central bank could start tapering its purchases of Treasury bonds and mortgage-backed securities by the end of the year. In Friday’s trading, the Nasdaq advanced 1.2%, the S&P 500 gained 0.9% and the Dow rose 0.7%. For the week, the Nasdaq added +2.8%, while S&P increased +1.5%, and the Dow went up +1.0%. The 10-year Treasury yield fell almost 5 basis points on Friday, but ended the week at 1.31%, up almost 5 basis points from a week ago. Crude oil had a strong week, gaining 10% to $68.72 per barrel. By S&P 500 industry sector, Energy turned in the best performance, rising 4.9%, Financials followed with a 2.8% increase, and Consumer Discretionary drove up 2.7%. The lagging sectors for the week were Consumer Staples, down 1.5%, Utilities, off 0.9%, and Real Estate, falling 0.8%%.
Here is the detailed weekly income of the of the stocks that performed best in the portfolio:
CRWD – CrowdStrike Holdings Inc. +18.68%
FNGU – MicroSectors FANG Index 3X Leveraged ETN +12.44%
FCX – FreeportMcMoRan Inc. +11.49%
INMD – InMode Ltd. +9.69%
GNRC – Generac Holdings Inc. +9.19%
NVDA – NVIDIA Corporation +8.74%
SEDG – SolarEdge Technologies, Inc. +7.92%
No changes for the portfolio this week. Stocks/ETFs on my radar and that interest me: GM, ASML, ADBE, PBR, PAYC and INTU.
Thanks for reading.
Have a good one,