Portfolio Update – (June 28th to July 04th)
Good afternoon,
Hello, how are you all?
For the week, the portfolio rose +2.6% – AWESOME. For the last 12 months, the result is fine, +65.76% and for July moved up +0.44%. 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 applauded a jobs report on Friday that showed strong payrolls – but with enough concerns to keep the Fed reticent to taper just yet – starting the Independence Day weekend on an upbeat note. The major averages had already drifted higher before the non-farm payrolls figure and the move sealed a second-straight week of gains for all of them. The Nasdaq led, posting a weekly gain of 1.9%, followed by the S&P up 1.6% and the Dow trailing, but still up 1%. “The big, deep Covid cycle continues to recover rapidly with the economy reopening, as evidenced by the continued strong gains in leisure and hospitality employment and another month of near 200K job increases for restaurant work,” wrote Steven Blitz, chief U.S. economist at T.S. Lombard. “One of the bright spots in the June jobs report is the 33K increase in temp office workers. This group was lagging in the recovery, perhaps because office work was still remote, and this was an important area of job growth in the expansion ended by Covid.”.
Here is the detailed weekly income of the of the stocks that performed best in the portfolio:
STOCKS
NIO – NIO Inc. +11.83%
AMD – Advanced Micro Devices, Inc. +10.60%
NVDA – NVIDIA Corporation +7.65%
COIN – Coinbase Global, Inc. +7.21%
ETSY – Etsy, Inc. +6.91%
No changes for the portfolio this week. Stocks/ETFs on my radar and that interest me: GM, CROX, ADBE, OKTA and COUP .
Thanks for reading.
Have a good one,
Santiago