Momentum-Juul
𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 – 𝗠𝘆 𝗯𝗲𝘀𝘁 𝗺𝗼𝗻𝘁𝗵 𝗼𝗻 𝗘𝘁𝗼𝗿𝗼 February turned out to be my best month on Etoro. $SMCI (Super Micro Computer, Inc) surged by 89 percent from the start of the month to the date of sale. But it wasn’t just Super Micro Computer that performed well in the portfolio. $MUSA (Murphy USA Inc) surged by 18 percent and $TFII (TFI International Inc), $BLDR (Builders FirstSource Inc), $PLAY (Dave & Busters Entertainment Inc), $ATKR (Atkore Inc.) and $RS (Reliance Steel And Aluminum Co) experienced impressive gains ranging from 10 to 16 percent.. The poorest performing company was $WCC (WESCO International Inc), experiencing a decline of 14 percent. The strong portfolio performance from 2023 still continues. The portfolio gave a return of 19,7% in February, significantly outperforming the benchmark index, S&P 500, which also had a fantastic period with an increase of 5,17%. The portfolio is currently in a period where adjustments are needed. I am planning that significant changes will be made for the portfolio in March. I will be selecting a new portfolio that will be well-equipped for 2024. I expect that some companies will continue to be part of the portfolio as long as they meet my investment criteria. Last month, we received confirmation that the previous record for the S&P 500 index (January 19, 2024) has been surpassed, with the price managing to remain above the previous peak. That means things are looking much brighter as we're approaching summer!