Portfolio Update – WEEK 05 (February 01st to February 07th)
Good morning,
Hello, how are you all?
For the week, the portfolio rose and shined +7.71%. For the last 12 months result is fine +110.12% and for February moved up +9.42%. 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) Stocks posted their strongest week since November, with the S&P 500 and Nasdaq Composite climbing to new record highs, as investors hoped a weak January jobs report would increase the likelihood of another big fiscal relief package. The recovery in the U.S. labor market appeared to stagnate for a second month, as non-farm payrolls increased by just 49,000 and December’s figure was downwardly revised to show 227,000 job losses, strengthening the case for further stimulus. For the week, the Dow gained 3.9%, the S&P rose 4.7%, the Nasdaq jumped 6%, and the small-cap Russell 2000 index rallied 7.7% for its best week since June. The benchmark 10-year Treasury yield finished at a year-to-date high 1.17%, gaining 8 basis points on the week.
Here is the detailed weekly income of the positions that make up the portfolio:
STOCKS
FVRR – Fiverr Internacional Lt. +32.82%
SHOP – Shopify Inc. +17.22%
ETSY – ETSY, Inc. +16.09%
PYPL – PayPal Holdings, Inc. +14.99%
GOOG – Alphabet Inc. +14.29%
ZM – Zoom Video Communications, Inc. +12.77%
TTD – The Trade Desk, Inc. +11.63%
SQ – Square, Inc. +11.31%
MELI – MercadoLibre, Inc. +7.79%
TSLA – Tesla, Inc. +7.40%
SEDG – SolarEdge Technologies, Inc. +6.91%
ENPH – Enphase Energy, Inc. +5.95%
NVDA – NVIDIA Corporation +4.63%
AMZN – Amazon.com, Inc. +4.55%
MSFT – Microsoft Corporation +4.41%
FB – Facebook, Inc. +3.78%
AAPL – Apple Inc. +3.64%
CRWD – CrowdStrike Holdings Inc. +3.58%
FSLY – Fastly, Inc. +3.48%
NFLX – Netflix, Inc. +3.46%
AMD – Advanced Micro Devices, Inc. +2.64%
LULU – Lululemon Athletica Inc. +1.64%
LMND – Lemonade, Inc. -0.30%
NIO – NIO Limited -0.58%
PLTR – Palantir Technologies Inc. -3.21%
No changes for the portfolio this week. Stocks/ETFs on my radar and that interest me: RH, ROKU, DOCU, PINS, OKTA, ADBE and COUP.
Amazon (AMZN) posted record revenues of more than $125B for the fourth quarter after the closing bell on Tuesday, up a whopping 44% Y/Y on holiday and pandemic-driven demand, but the biggest news wasn’t the ringing of the register. CEO Jeff Bezos said he would step aside later this year, though he would remain engaged at Amazon as executive chairman. Andy Jassy, the head of the company’s cloud division, will take the helm of the e-commerce giant in the third quarter.
Although Bezos’ departure was announced last year, Amazon consumer boss Jeff Wilke officially made his exit last month and was considered the number two at the company. Jassy is also an Amazon veteran (he’s been with Bezos since 1997) and was the architect of Amazon Web Services, which is how Amazon makes most of its money. In the most recent quarter, AWS had net sales of $12.7B with an operating income of $3.6B, more than half of the firm’s overall operating income. AWS also has a market share of around 34%, according to Synergy Research Group.
Why is Bezos taking a back seat? “Being the CEO of Amazon is a deep responsibility, and it’s consuming,” he declared, saying it was time to focus on some of his passion projects and philanthropic ventures. Those include The Washington Post newspaper and private space company Blue Origin (BORGN), as well as his Day One Fund and the Bezos Earth Fund. Bezos, aged 57, founded Amazon from his garage in Seattle in 1994, eventually expanding the company to dominate industries like online retail, groceries, streaming, cloud computing and artificial intelligence.
U.S. Indices
Dow +3.9% to 31,148. S&P 500 +4.7% to 3,887. Nasdaq +6.0% to 13,856. Russell 2000 +7.6% to 2,230. CBOE Volatility Index -36.9% to 20.87.
S&P 500 Sectors
Consumer Staples +2.5%. Utilities +2.3%. Financials +6.6%. Telecom +7.3%. Healthcare +0.5%. Industrials +4.9%. Information Technology +4.9%. Materials +3.9%. Energy +8.3%. Consumer Discretionary +6.%.
Thanks for reading.
Have a good one,
Santiago
