rcrdortiz @rcrdortiz: "Hello my beautiful copiers and..."

Spain

Hello my beautiful copiers and followers. End of week update: This week our portfolio increased by 1.68%. Most of our profits are from Friday. On Friday we scored a 1.20% increase in value. I was expecting this week to be a red week, but it turned out green again. I think this our 10th consecutive green week. We shouldn't get used to all this green, we will eventually have a bad week, but thanks to having nearly half of our porfolio in our cash reserve $QYLD we should drop less than the market. What's happening next week: Next week we won't be adding to any position or rebalancing. We're going to receive dividends from $NWN (Northwest Natural Holding Company) and $WABC (Westamerica Bancorporation) who are yielding 5.53% yearly and 3.92% respectively. We won't see a huge cash flow though since their weight in our portfolio is low. WABC has a weight of 3.41% and NWN has a weight of 0.91% Extra info and Random musings: I've added $CAJPY (Canon Inc - ADR) to our watch list, Canon is working on printing chips and will compete with $ASML (ASML Holding NV - ADR) on 4nm and greater nodes but at a fraction of the cost. They're targeting 2025 so if the stock becomes undervalued during this year we'll add a small position to our other bets allocation. And next month we are going to rebalance our portfolio. I'm going to wait until after $NVDA (NVIDIA Corporation) earnings report so that we can estimate a fair value. If everything goes as expected both $NVDA and $AMZN (Amazon.com Inc) will have assigned a 20% in our portfolio. We still need to see what $NVDA does, I'll keep you guys updated though. During next month's rebalance we're also going to allocate 7% of our portfolio to $BLV, we need to start hedging against a potential pullback on equities, which will happen for sure. I don't think the drawdown will be more than 10%, worst case scenario I'm considering a 15% pullback. For those of you who have copy stop loss of less than 10-15% you're going to get stopped out this year with a 70% confidence. You might want to consider increasing the copy stop loss if you believe in what we're doing. If you guys have any doubts drop a comment below and let's chat about them. www.etoro.com/people/rcrdortiz/portfolio