CHEO1944

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CHEO1944
@CHEO1944
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$BABA (Alibaba) Que locura el coronavirus dejando sin trabajos unas cantidades de personas y hoy baba subiendo que es esto ... Show More
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CashRichStocks
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Weekly Review A mixed week in the markets with some volatility and bouts of selling that threatened to turn quite negative at times. Ultimately is all amounted to nothing as optimism of good trade talks seemed to Trump (sorry) the concerns that were weighting on markets for most of the week. The $NSDQ100 is down 0.30% on the week despite all the concerns about the G20 and the situation with Iran. It would have been further if not for a last minute rally into the close. Here are the movements for the current holdings during the week: <a href="/markets/baba" class="e-link">$BABA (Alibaba)</a> +1.13% <a href="/markets/goog" class="e-link">$GOOG (Alphabet)</a> -3.65% <a href="/markets/amzn" class="e-link">$AMZN (Amazon)</a> -0.92% <a href="/markets/aapl" class="e-link">$AAPL (Apple)</a> -0.43% <a href="/markets/intc" class="e-link">$INTC (Intel)</a> +0.86% <a href="/markets/csco" class="e-link">$CSCO (Cisco)</a> -4.03% <a href="/markets/xom" class="e-link">$XOM (Exxon-Mobil)</a> -1.36% <a href="/markets/jpm" class="e-link">$JPM (JPMorgan Chase &amp; Co)</a> +2.16% <a href="/markets/pfe" class="e-link">$PFE (Pfizer)</a> -0.18% <a href="/markets/btc" class="e-link">$BTC</a> +14.90% <a href="/markets/ltc" class="e-link">$LTC</a> -15.90% <a href="/markets/nsdq100" class="e-link">$NSDQ100</a> -0.30% I decided to secure a bit more profit this week with several positions closed and with being close to 30% up at the 6 month stage my view is that it&#x27;s a good time to reduce risk when so many things are is somewhat of a mess in the global markets at the moment. <a href="/markets/csco" class="e-link">$CSCO</a> has made several attempts to make a new high and it&#x27;s been edging them but looking a bit pained to do so. It gained as a safe tech trade slightly immune to China issues but at close to the record highs I decided to take the profit and not buy back in for the time being. <a href="/markets/aapl" class="e-link">$AAPL</a> has managed to get back to $200 but sentiment is really mixed on the outlook. I closed both positions we had to lock in those profits even though I was a little reluctant to do so, it seemed the prudent move. Not wanting to miss out on a potential run to $230 though I did buy back 1 position with the base trade size so that profits are still secured but we are also back in and have the capital to add if there is a 10-15% correction. I also added a position, a new asset in <a href="/markets/ltc" class="e-link">$LTC</a> as the big pullback in Bitcoin sent the exposure down but because it had rallied so well recently it was still up, but Litecoin was heavily down on the week and with its block reward halving coming up in about 5 weeks I thought it would be an interesting way to play a recovery in the crypto sector. I did plan to only use Bitcoin but couldn&#x27;t ignore the relative moves they&#x27;ve had. In terms of the broader portfolio, there&#x27;s a mixture of red and green. Most of the big tech stocks gave back some of the nice gains they had in the previous week but some of that was about sector rotation, as good news from the US Banks sent financials rallying at the end of the week and sectors like tech and healthcare saw a little bit of weakness on the back of that. That did mean that <a href="/markets/jpm" class="e-link">$JPM</a> had a good week though, and I did report yesterday about their plans to increase dividend and start a new share buyback program. We&#x27;ll keep this one for a while as it&#x27;s the only financial in the portfolio and not worth closing until it&#x27;s had a more impressive run. A trade deal with China and steepening of the yield curve would be perfect fuel for that fire. The start of next week is going to be all about Trump and what he start saying about progress with China and next steps etc. Impossible to predict so I&#x27;ll be waiting with baited breath to see futures pricing on Sunday night! +++++++++++++++++++++++++++++++++++++++++++++++++++++ Please read my bio if you are interested in copying me. My strategy is relatively low risk one as it mostly involves mega cap companies who have extremely strong cash positions. Many of these companies are literally creating the future and it&#x27;s exciting to follow and benefit from their incredible innovation and growth. I am an experienced investor and am not interested in taking silly risks to try and make 100% in a year. I offer a mature approach to active investing with a strategic focus on cash rich companies, which in the current business cycle happens to include some very exciting tech companies, and I intend to be here for a long time to come working on this account. <a href="/markets/spx500" class="e-link">$SPX500</a> <a href="/markets/nsdq100" class="e-link">$NSDQ100</a> <a href="/markets/dj30" class="e-link">$DJ30</a> ... Show More