Copiers and Followers Update – WEEK 04 (January 20th to January 26th)
Good morning,
Hello, how are you all?
The portfolio ended a six-week winning streak, for the week the portfolio slipped -0.11%, practically stable in the period.
In case of any doubt, you can access the FAQ of my blog: https://santiago1000.it/en/#faq
(Seeking Alpha) Stocks surrendered promising early gains to finish with broad losses Friday, as worries over the coronavirus outbreak overshadowed impressive corporate earnings from Intel and American Express. The major market indexes all turned lower after the Center for Disease Control confirmed a second U.S. case of the virus that has killed more than two dozen people in Asia. But the orderly decline throughout the day may have suggested that the news provided investors with an excuse to take profits from an overbought market. For the week, the Dow $DJ30 $DIA and S&P 500 $SPY $SPX500 both fell about -1% while the Nasdaq $QQQ $NSDQ100 ended a six-week winning streak with a -0.8% loss.
Here is the detailed weekly income of the positions that make up the portfolio:
STOCKS
$PAYC +6.27% (upcoming earnings announce on 02-04-20)
$SEDG +5.14% (upcoming earnings announce on 02-07-20)
$SHOP +2.33% (upcoming earnings announce on 02-13-20)
$CDW +0.78% (upcoming earnings announce on 02-07-20)
$MA +0.01% (upcoming earnings announce on 01-29-20)
$AAPL -0.13% (upcoming earnings announce on 01-28-20)
$TTD -0.28% (upcoming earnings announce on 02-14-20)
$LULU -0.37% (upcoming earnings announce on 03-24-20)
$RH -0.58% (upcoming earnings announce on 03-27-20)
$GOOG -0.92% (upcoming earnings announce on 02-03-20)
$MSFT -1.23% (upcoming earnings announce on 01-29-20)
$FB -1.89% (upcoming earnings announce on 01-29-20)
$OLED -3.19% (upcoming earnings announce on 02-21-20)
$EDU -8.21%
There was no change in the portfolio this week. $PAYC will join the S&P500 this week.
Stocks/ETFs on my radar and that interest me: $ENPH $MTCH $MELI $ROKU $CYBR $TLT and $XLU .
The tech sector steps into the bright lights this week with Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Facebook (NASDAQ:FB) and Amazon (NASDAQ:AMZN) all due to report during a heavy week of earnings reports. The tech giants are largely seen needing to top earnings and guidance expectations to shoot higher in the near term following a blistering few months of share price gains. Blazing-hot Tesla (NASDAQ:TSLA) will also report in the week ahead and could potentially deliver some news on the Model Y to go along with its 2020 guidance. Across the Pacific, the Shanghai Stock Market $CHINA50 $FXI is closed all next week for the Chinese New Year holiday and the Hong Stock Market is shut down on January 27-28.
Notable earnings reports: Ashland ( $ASH ), Juniper Networks ( $JNPR ) and F5 Networks ( $FFIV ) on January 27; Apple (AAPL), eBay ( $EBAY ), AMD ( $AMD ), Lockheed Martin ( $LMT ), Pfizer ( $PFE ) and Starbucks ( $SBUX ) on Janury 28; Facebook (FB), Microsoft (MSFT), McDonald’s ( $MCD ), Boeing ( $BA ), AT&T ( $T ), Tesla ( $TSLA ), Cree ( $CREE ), Mastercard (NYSE:MA), Mondelez International ( $MDLZ ) and PayPal ( $PYPL on January 29; Altria ( $MO ), Coca-Cola ( $KO ), DuPont ( $DD ), Raytheon ( $RTN ), Verizon ( $VZ ), Visa ( $V ), Electronic Arts ( $EA ), Nintendo ( $NTDOY ), Biogen ( $BIIB ), Amazon ( $AMZN ) and UPS ( $UPS ) on January 30; Caterpillar ( $CAT ), Honeywell ( $HON ), Chevron ( $CVX ) and Exxon Mobile ( $XOM ) on January 31.
Thanks for reading.
Best regards,
Santiago