Monthly Report
Continued rotation between sectors
Dear Followers and Copiers,
First of all,
I want to thank all the new copiers for the confidence they are giving me.
You can track our Portfolio and check several statistics, opening this link, and saving it in your bookmarks, no need to login, just enter as anonymous.
https://sso-boilerplate-copy-282c321b.base44.app
We completed the month of June, with a profit of 1.83% (inclusive of commissions and dividends).
From the beginning of the 2026 the profit is 4.16%.
The average profitability since the beginning of the year dropped from 1,9% average from the previous years to 0,85% mostly due to the recent weakness of the commodities and strong rotation into risky assets such as tech and especially AI plays.
I believe that the risk of staying and keeping investing is such assets is becoming very high and that our PortFolio is a safe choice for the time to be, at least until we see a serious pool-back.
We are investing our dividends into gold and silver, taking advantage of their temporary weakness mostly due to factors like liquidations to free cash to participate to the big IPOs released so far, such as SpaceX and several others, and the inflation fears which I believe will slowly reduce and give free way to the gold trade.
The P/E ratio of our portfolio is still around 20 with about 45% of our holdings below what is considered a fair valuation.
This should give the portfolio a good strength and resilience when the AI trade will begin to weaken again.
I expect more very volatile months but it looks like soon our assets will begin to strengthen again, especially when the fear for inflation begins to fade.
Best Regards to everyone and good trading,
Daniele
... Show More
Not investment advice. The author may have financial interests in the mentioned instruments.
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