Maros Szentkereszti
๐…๐ž๐›๐ซ๐ฎ๐š๐ซ๐ฒ is wrapping up in just a few hours and surprisingly it's been a strong month. If there wont be any big last-minute swings, we'll close it out around +5% MTD, pushing YTD to 11%. โ€‹ ๐“๐จ๐ฉ ๐๐ž๐ซ๐Ÿ๐จ๐ซ๐ฆ๐ž๐ซ๐ฌ $TSCO.L (Tesco) Rose on steady grocery demand as a consumer staple holding firm amid volatility. $V (Visa) Gained from resilient payments volume in essentials, shrugging off economic jitters. $ENEL.MI (Enel Power Company) Climbed due to utilities strength from lower rates and firm power needs. $T.US (AT&T Inc) Advanced on telecom stability and high dividend yield attracting defensive flows. โ€‹ ๐Œ๐“๐ƒ ๐‚๐จ๐ฆ๐ฉ๐š๐ซ๐ข๐ฌ๐จ๐ง Portfolio's +5% MTD outperforms $SPX500 roughly flat to +2% amid rotation to defensives, beats the decline of $NSDQ100 (down ~1-2% on tech weakness), and laps Bitcoin's volatile drop. โ€‹ Defensives like these kept the green bar steady and there were no wild swings in any direction in our portfolio.
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