Marko Matinlauri @Spetvel: "Weekly update (May 4 –..."

Finland

Weekly update (May 4 – May 10) Another solid week overall: +1.31% Pretty volatile week under the surface though. Started weak on Monday (-0.58%), then a strong move on Tuesday (+1.77%) completely changed the tone. After that the market slowed down a bit, but buyers still showed up again on Friday. Biggest winner by far was $INTC (Intel) (+36.6%). At this point, the momentum there has been hard to ignore. Three strong weeks in a row now. I also decided to trim part of the Intel position on May 6 and secured profits at around +192%. Nothing wrong with taking some exposure off after a move like that. Still holding a position, but wanted to reduce concentration a bit after such a strong run. $0992.HK (Lenovo Group) also had a strong week (+15.3%), and $FSLR (First Solar, Inc.) kept pushing higher as well. Nothing there really changes the bigger picture for me right now. Risk stayed at 4. No major changes otherwise, mostly letting momentum play out while staying disciplined with position sizing. Next thing I’m watching is $ETOR (eToro Group LTD) earnings. Overall, market still feels constructive. Not easy, not straight up. $SPX500

Not investment advice. The author may have financial interests in the mentioned instruments.