BellamySwe @BellamySwe: "𝐎𝐧𝐞 𝐨𝐟 𝐦𝐲 𝐜𝐨𝐩𝐢𝐞𝐫𝐬 𝐣𝐮𝐬𝐭..."

Vietnam

𝐎𝐧𝐞 𝐨𝐟 𝐦𝐲 𝐜𝐨𝐩𝐢𝐞𝐫𝐬 𝐣𝐮𝐬𝐭 𝐚𝐬𝐤𝐞𝐝 𝐦𝐞 (𝘐𝘙𝘓) 𝐰𝐡𝐚𝐭 𝐈 𝐭𝐡𝐨𝐮𝐠𝐡𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐦𝐚𝐫𝐤𝐞𝐭𝐬. Instead of writing some flashy post to get eyes, I’m just going to copy my answers to him below. 𝐖𝐡𝐚𝐭 𝐈 𝐬𝐚𝐢𝐝 𝐰𝐚𝐬: The thing is, after this week I genuinely do think it [the markets] will start to pull back up. Reason being that nothing catastrophic is happening in the markets in general. All the big tech companies have smashed earnings and expectations and there’s no global issue. $TSM (Taiwan Semiconductor Manufacturing Co Ltd - ADR) , $GOOG (Alphabet) , Microsoft and $AAPL (Apple) are soaring business-wise and are showing positive future outlooks. Also, AI is paying off and they're all doubling down on it which leads me to believe this is just a hiccup and not a cataclysmic drop. 𝐂𝐨𝐩𝐢𝐞𝐫 𝐭𝐡𝐞𝐧 𝐚𝐬𝐤𝐞𝐝: What you think is driving it? 𝐌𝐞: Institutional investors simply locking profits. Taking cash off the table while it’s there to be had, then they'll buy back in. I think things would be way different if all the big guys [companies] missed expectations, but that's not the case. 𝐂𝐨𝐩𝐢𝐞𝐫: Nothing in the states around elections not driving any of it? 𝐌𝐞: I personally don't think so. If anything the upcoming rate cuts are great for all stocks since lending will get cheaper and they can afford to borrow cash from banks to grow. I was more worried that the Fed were not going to cut rates until after the election so that their decision didn't seem politically motivated to do so. That would've also been disastrous. 👉 So there you have it folks. Those are my unfiltered thoughts in a nutshell! 🚨𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐜𝐨𝐧𝐬 𝐭𝐨 𝐦𝐲 𝐭𝐡𝐨𝐮𝐠𝐡𝐭𝐬: ❌ 𝐌𝐚𝐫𝐤𝐞𝐭 𝐭𝐢𝐦𝐢𝐧𝐠 - rebounding markets can take anywhere from a few weeks to a few months. There is nothing to say that anything will improve in a week. ❌ 𝐎𝐯𝐞𝐫𝐫𝐞𝐥𝐢𝐚𝐧𝐜𝐞 𝐨𝐧 𝐚 𝐟𝐞𝐰 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 - while the above named companies have been influential in the growth of the indexes over the last 10 months, there are certainly 1000s of other companies with trends affecting stock growth ------------ 𝐅𝐨𝐫 𝐦𝐲 𝐂𝐨𝐩𝐢𝐞𝐫𝐬! 👇 𝐑𝐞𝐠𝐚𝐫𝐝𝐢𝐧𝐠 𝐦𝐲 𝐩𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐚𝐧𝐝 𝐯𝐨𝐥𝐚𝐭𝐢𝐥𝐢𝐭𝐲. I’m still very happy with where it’s at. Yes, we’re seeing red days, but nothing compared to $SPY or $QQQ . At the time of writing, they’re down a whopping -2.35% and -2.65%, whereas my portfolio is down “just” 1.69%. 🌊 This means that my portfolio is by and large well placed to weather stormy seas. The reason for my portfolio’s drop today is largely due to $NU (Nu Holdings Ltd.) 𝐭𝐚𝐤𝐢𝐧𝐠 𝐚𝐧 𝐚𝐛𝐬𝐨𝐥𝐮𝐭𝐞 𝐩𝐫𝐢𝐜𝐤 𝐨𝐟 𝐚 𝐝𝐢𝐯𝐞, pulling my portfolio with it. 📈 However, I have immense faith in NU and am looking forward to their upcoming earnings report on the 13th of August. 👀 What I specifically want to see is how many users they’ve managed to acquire throughout Mexico and Colombia. If they’re succeeding there then make no mistake, Latin America will be their playground. 𝐖𝐡𝐨 𝐤𝐧𝐨𝐰𝐬 𝐭𝐡𝐨𝐮𝐠𝐡. 🐋 NU could be my moby dick, but before I let it sink my ship I’ll part the line. 🤙 So please don’t worry and I’d be honoured if you continue to ride these waves with me 🏄

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TSM

Taiwan Semiconductor Manufacturing Co Ltd - ADR

GOOG

AAPL

SPY

QQQ