Thomas Parry Jones @thomaspj: "Subject: Market Summary Dear investors, The first..."

United Kingdom

Edited

Subject: Market Summary Dear investors, The first half of last week performed well, with AI names continuing to grind higher. We took the opportunity to increase our cash position by closing out our $NFLX (Netflix, Inc.) position. It was a trade I expected to rebound, but after continued weakness it wasn’t delivering the results I anticipated within the timeframe, so it’s now been removed from the portfolio. Later in the week, China announced rare earth export restrictions, prompting Trump to respond with a proposed 100% tariff on Chinese goods — and markets tumbled. We used the pullback to add positions across the portfolio, reducing our cash holdings from around 25% to roughly 10%. Trump then reassured markets that the situation would “all be fine,” leading to a rebound in futures today. That said, risks remain around the 1st November deadline and the government shutdown, so we’ll continue to hold a small portion of cash for flexibility. Thanks, TJ

NFLX

Netflix, Inc.

1122.89

19.23 (1.74%)

1 Mentioned

NFLX

Netflix, Inc.

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