Portfolio Update – WEEK 42 (October 12st to October 18th)
Good morning,
Hello, how are you all?
For the week, the portfolio rallied +0.26%, for the last 12 months, the result is fine, +93.17% and for October +9.09%. I remain confident in technology companies especially. In conclusion, the strategy continues to work surpassing the three main Wall Street indices. 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 limped into the close Friday to finish at session lows, with defensive names including health care and utilities moving just enough to keep the S&P 500 and Dow averages slightly in the green. Meanwhile, the Nasdaq closed lower after Senator Josh Hawley, an outspoken critic of large tech companies, said he would go to the Senate floor to try and pass a big tech bill next week. Stocks had enjoyed broad gains after U.S. data showed retail sales rising in September at the fastest pace in three months, topping forecasts and capping a third-quarter rebound in consumer spending. The three major market benchmarks notched modest gains for the week, the third straight for both the S&P and Dow and the fourth for the Nasdaq.
Here is the detailed weekly income of the positions that make up the portfolio:
STOCKS
NIO – NIO Limited +32.65%
ZM – Zoom Video Communications, Inc. +13.52%
MELI – MercadoLibre, Inc. +5.96%
PAYC – Paycom Software, Inc. +4.32%
GOOG – Alphabet Inc. +3.81%
PYPL – PayPal Holdings, Inc. +3.64%
MSFT – Microsoft Corporation +1.78%
AAPL – Apple Inc. +1.75%
ENPH – Enphase Energy, Inc. +1.52%
TSLA – Tesla, Inc. +1.31%
LULU – Lululemon Athletica Inc. +1.01%
FB – Facebook, Inc. +0.56%
NVDA – NVIDIA Corporation +0.35%
AMD – Advanced Micro Devices, Inc. +0.08%
AMZN – Amazon.com, Inc. -0.42%
SEDG – SolarEdge Technologies, Inc. -1.09%
TTD – The Trade Desk, Inc. -1.32%
NFLX – Netflix, Inc. -1.60%
SHOP – Shopify Inc. -2.63%
MA – Mastercard Incorporated -3.69%
FSLY – Fastly, Inc. -33.11%
No portfolio changes this week.
Stocks/ETFs on my radar and that interest me: COUP, ADBE, VEEV, SQ and TLT.
Apple enters the 5G race
Apple (NASDAQ:AAPL) launched four versions of the iPhone 12 with faster 5G connectivity on Tuesday, as well as unveiling the HomePod Mini, a $99 smart speaker. Wider product shot… The base model iPhone 12 (6.1-inch) and iPhone 12 Mini (5.4-inch) start at $699 and $799, and are available in five color options (pre-orders start October 16). The iPhone 12 Pro (6.1-inch) and Pro Max (6.7-inch) start at $999 and $1,099 for 128GB of storage, respectively, featuring a more premium design and extra camera power.
The new Black Friday
Big-box retailers battled it out during the week, throwing major sales events including Amazon Prime Day (NASDAQ:AMZN), Target (NYSE:TGT) “Deal Days,” Walmart’s (NYSE:WMT) “Big Save Event” and early Black Friday sales from Best Buy (NYSE:BBY). “There are so many unknown variables this year,” said Tyson Cornell, who leads the U.S. consumer markets group at PwC. “By kicking off sales in October, [retailers] are hoping to spread consumer traffic and demand over the next few months, helping them maintain social distancing in stores, consistently move inventory and adjust their strategies based on early consumer demand.”
U.S. Indices
Dow +0.1% to 28,606. S&P 500 +0.2% to 3,484. Nasdaq +0.8% to 11,672. Russell 2000 -0.1% to 1,636. CBOE Volatility Index +9.6% to 27.41.
S&P 500 Sectors
Consumer Staples +0.7%. Utilities -0.2%. Financials -1.0%. Telecom +0.9%. Healthcare -1.5%. Industrials +0.4%. Information Technology +1.1%. Materials -1.0%. Energy +0.2%. Consumer Discretionary +0.8%.
Thanks for reading.
Have a good one,
Santiago