ᴘᴏʀᴛꜰᴏʟɪᴏ ᴜᴘᴅᴀᴛᴇ: ᴀᴜɢᴜꜱᴛ 2024
My capital grew 𝟮𝟯.𝟴𝟮% in the first seven months of 2024. And I'm still feeling optimistic about the second half. Even after the events of yesterday, August 1st, and even while I'm looking at the premarket of today, August 2nd. Why?
It is natural for the markets to take drawdowns, to go through periods of high volatility, to give away some gains. What's my strategy? Keep buying. Just this morning I placed a buy order for a stock that is falling -3.54% in premarket, fell -12.75% yesterday, and has fallen -25.83% in the last month.
Drawdowns and red days present the best opportunities to buy.
Right now, my portfolio has 46 positions, with the biggest one being $NVDA (NVIDIA Corporation) at 𝟰.𝟬𝟭%. 17 of these positions were added in July, my favorite one is $CSTL (Castle Biosciences Inc) which is already 𝟮𝟰.𝟲𝟯% in profit.
I closed 22 positions in July, took a 𝟱𝟮.𝟯𝟭% profit on $GRPN (Groupon Inc) and a 𝟰𝟴.𝟳𝟵% profit in $ANET (Arista Networks Inc) . And, of course, I took some losses as well which resulted in an overall July profit of 𝟱.𝟰𝟲%.
If you want to see more details on my portfolio performance, please visit bullaware.com/etoro/cfigueroa1982
If you want to know my thoughts on what I think is best to overcome the current market turmoil, feel free to reach me out in the comments.
Looking forward to a green August,
Carlos... Show More
