Gaetano Bonfiglio @GaetanoBonfiglio: "𝐏𝐎𝐑𝐓𝐅𝐎𝐋𝐈𝐎 𝐔𝐏𝐃𝐀𝐓𝐄 Good Morning everyone, Welcome to..."

Italy

𝐏𝐎𝐑𝐓𝐅𝐎𝐋𝐈𝐎 𝐔𝐏𝐃𝐀𝐓𝐄 Good Morning everyone, Welcome to our weekly portfolio update. In this mid-July session, we are navigating a market environment characterized by partial sectoral rotation. While technology and semiconductor stocks continue to display remarkable relative strength driven by AI infrastructure expansion, we observe profit-taking in defensive asset classes and precious metals. Our balanced, actively managed approach allows us to maintain the stability needed to mitigate short-term volatility while constantly optimizing our exposure. 𝐓𝐨𝐩 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐞𝐫 • $AMD (Advanced Micro Devices Inc) : The stock shows a solid positive return (+6.69%), supported by strong quarterly sales data and robust growth projections in the AI chip segment. 𝑂𝑢𝑡𝑙𝑜𝑜𝑘: The underlying trend remains highly bullish; we are monitoring key support levels to assess continued momentum. • $CRWD (Crowdstrike Holdings) : Up +7.98% in our portfolio, CRWD benefits from the resilience of the cybersecurity sector and consistently high institutional demand. 𝑂𝑢𝑡𝑙𝑜𝑜𝑘: Short-to-medium-term prospects remain excellent as the company consolidates its enterprise security platform. 𝐖𝐨𝐫𝐬𝐭 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐞𝐫 • $8PSG.DE (Invesco Physical Gold ETC) : Currently down -14,97%. This decline is linked to a temporary technical correction in spot gold prices and global interest rate dynamics. 𝐴𝑐𝑡𝑖𝑜𝑛: We maintain a highly positive long-term view on gold as an essential geopolitical and inflationary hedge; the position is held without changes. • $MRVL (Marvell Technology Group Ltd) : Showing a decline of -18.17% relative to our average purchase price. Despite excellent fundamentals related to optical data center technology, the stock is experiencing a temporary post-rally technical pullback. 𝐴𝑐𝑡𝑖𝑜𝑛: We are closely monitoring the current price range for a potential tactical position adjustment or strategic increase upon signs of a reversal. The overall portfolio allocation currently maintains a balanced profile: our core weights are distributed across fixed-income instruments and large-cap tech equities, balanced by commodities and infrastructure utilities (such as Italgas and Prymian). For the upcoming week, we are evaluating a moderate tactical rotation to increase exposure to discounted assets with strong fundamentals. If you share my strategy and wish to benefit from a disciplined and flexible management approach, consider copying my portfolio. Best, Gae (@GaetanoBonfiglio)

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