Portfolio Update – WEEK 10 (February 02sd to March 08th)
Good morning,
Hello, how are you all?
Practically a stable week for the portfolio. A small decrease of -0.20%. Brutal volatility – roller coaster. Again, as soon as the hysteria is over, the markets should strongly recover. At this point, I recommend that copiers remain calm and keep a long-term view. It’s not the time to panic and sell.
In case of any doubt, you can access the FAQ of my blog: https://santiago1000.it/en/#faq
(Seeking Alpha) Stocks ended lower on Friday but well off their worst levels, closing the market’s wildest week in recent memory as investors were gripped by recession fears and credit market concerns due to the spread of the coronavirus. In a roller-coaster week that saw the Dow swing 1,000 points or more twice within three days, the index finished up 1.7% while the S&P 500 and the Nasdaq rose 0.6% and 0.1%, respectively. Investors spent the week piling into U.S. Treasury bonds, sending yields tumbling to record lows, bottoming at 0.65% on the 10-year note before finishing 22 basis points lower at 0.71%, a 42-point drop for the week. U.S. crude oil plunged 10% on Friday, the most in more than five years, after OPEC and Russia failed to reach agreement on another production cut.
Here is the detailed weekly income of the positions that make up the portfolio:
STOCKS
ENPH – Enphase Energy, Inc. +8.33%
$SEDG – SolarEdge Technologies, Inc. +6.91%
$AAPL – Apple Inc. +5.73%
$SHOP – Shopify Inc. +1.89%
AMZN – Amazon.com, Inc. +0.92%
EDU – New Oriental Education & Technology Group Inc. +0.74%
LULU – Lululemon Athletica Inc. +0.52% (upcoming earnings announce on 03-24-20)
MSFT – Microsoft Corporation -0.27%
MA – Mastercard Incorporated -1.12%
OLED – Universal Display Corporation -1.85%
CDW – CDW Corporation -2.31%
GOOG – Alphabet Inc. -3.06%
PAYC – Paycom Software, Inc. -5.29%
FB – Facebook, Inc. -5.91%
RH – RH -7.82% (upcoming earnings announce on 03-27-20)
TTD – The Trade Desk, Inc. -11.94%
There was no change in the portfolio this week.
Stocks/ETFs on my radar and that interest me: $TSLA, $NVDA, AMD, MELI, STNE and TLT .
The effects of the coronavirus were felt across the U.S. economy as many companies continued to issue profit warnings or caution about their 2020 outlooks. Big tech giants – ranging from Google (GOOG, GOOGL) and Facebook (NASDAQ:FB) to Microsoft (NASDAQ:MSFT) and Twitter (NYSE:TWTR) – also asked many of their employees to work from home to help prevent the spread of infections. Global output is expected to fall during the first three months of this year due to the coronavirus, putting the economy at risk of recession, according to forecasts from the OECD.
Thanks for reading.
Best regards,
Santiago