Harpinder Kang @HarpinderKang: "𝙀𝙣𝙙 𝙤𝙛 𝙩𝙝𝙚 𝙈𝙤𝙣𝙩𝙝 𝙖𝙣𝙙..."

United Kingdom

𝙀𝙣𝙙 𝙤𝙛 𝙩𝙝𝙚 𝙈𝙤𝙣𝙩𝙝 𝙖𝙣𝙙 𝙋𝙤𝙧𝙩𝙛𝙤𝙡𝙞𝙤 𝙐𝙥𝙙𝙖𝙩𝙚 The portfolio ended the month up nearly +4%, compared to the Nasdaq and S&P, which were up 7.9% and 5.4% respectively. As I mentioned last month, markets are currently in a more volatile phase, and I believe this will continue until we get a concrete trade deal with China, which may take some time. It’s a very difficult environment to be fully invested. Markets are one tweet away from opening either down -5% or up +5%. Right now, it’s all about sentiment. The market has recovered nearly all of its losses since March simply because sentiment had gotten so bad that the only logical move was up. 𝙋𝙤𝙧𝙩𝙛𝙤𝙡𝙞𝙤 𝙐𝙥𝙙𝙖𝙩𝙚 This month, I significantly increased my positions in $AMZN (Amazon.com Inc) and $GOOGL. 𝙄𝙣𝙈𝙤𝙙𝙚 remains my top holding. Unfortunately, the stock hasn’t done much yet, primarily due to interest rate pressures. However, I believe rates will ease in the second half of the year, which should boost business sentiment. InMode is one of the best retail plays in my view, and recent earnings from ULTA and e.l.f. Beauty indicate that the beauty and skincare industry is still expanding. I believe InMode can double from here, especially considering its strong cash position. Salesforce($CRM) also reported earnings recently, beating on both the top and bottom lines and showing continued healthy growth. It’s surprising to see the stock dip after such results, but I see this as a great buying opportunity. If it drops further, I’ll continue adding, as I believe the stock could exceed 300 by year end. 𝙁𝙞𝙣𝙖𝙡 𝙏𝙝𝙤𝙪𝙜𝙝𝙩𝙨: Overall, my strategy remains the same: stay long on high-conviction positions while keeping index shorts as a hedge. Bad news can hit the market at any time, most likely tied to US - China trade tensions. President Trump hinted on Friday that trade talks aren’t going well, and as the 90 day tariff pause ends, I expect more volatility to return. I’m holding a cash position ready to deploy on significant dips and will maintain index shorts as hedge. Looking forward to June. If you have any questions, feel free to ask below. Thanks for reading!

AMZN

Amazon.com Inc

238.76

4.82 (2.06%)

1 Mentioned

AMZN

Amazon.com Inc

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