𝙒𝙚𝙚𝙠𝙡𝙮 𝙐𝙥𝙙𝙖𝙩𝙚
Our portfolio is up 📈 17.16% ytd and up 📈 0.67% weekly
Hi, dear 𝙛𝙤𝙡𝙡𝙤𝙬𝙚𝙧𝙨 and future 𝙢𝙤𝙣𝙚𝙮-𝙢𝙖𝙠𝙚𝙧𝙨! Let's discuss the latest developments in the stock market.
🌍 𝙈𝙖𝙧𝙠𝙚𝙩 𝙐𝙥𝙙𝙖𝙩𝙚
Investors enjoyed the last moments of summer in style yesterday as the markets were closed for Labor Day, following a tumultuous August that ended with 𝙨𝙩𝙤𝙘𝙠𝙨 𝙛𝙞𝙣𝙞𝙨𝙝𝙞𝙣𝙜 𝙨𝙩𝙧𝙤𝙣𝙜. Our portfolio had another positive month, gaining 2.46%. Let's see what September brings. Historically, September has been a 𝙘𝙝𝙖𝙡𝙡𝙚𝙣𝙜𝙞𝙣𝙜 𝙢𝙤𝙣𝙩𝙝 for the markets.
🖥️ 𝙎𝙪𝙢𝙢𝙚𝙧 𝙎𝙝𝙖𝙠𝙚-𝙐𝙥: 𝙉𝙫𝙞𝙙𝙞𝙖’𝙨 𝙁𝙖𝙡𝙡 𝙎𝙞𝙜𝙣𝙖𝙡𝙨 𝙉𝙚𝙬 𝙈𝙖𝙧𝙠𝙚𝙩 𝘿𝙮𝙣𝙖𝙢𝙞𝙘𝙨
August is notorious for market volatility due to reduced trading activity, and 2024 exemplifies this trend. Despite Nvidia's remarkable earnings, its stock fell 6% in after-hours trading, highlighting inflated investor expectations driven by the AI hype. While $Nvidia 's performance has a significant macroeconomic impact, the broader US stock market remains strong, with most companies exceeding earnings expectations. As interest rates are expected to fall, attention may shift from overhyped tech stocks to other market sectors, leading to more balanced and sustainable growth.
📊 𝙐𝙥𝙘𝙤𝙢𝙞𝙣𝙜 𝙀𝙫𝙚𝙣𝙩𝙨 𝙄𝙢𝙥𝙖𝙘𝙩𝙞𝙣𝙜 𝙊𝙪𝙧 𝙋𝙤𝙧𝙩𝙛𝙤𝙡𝙞𝙤
● Tuesday: $CHD (Church & Dwight Co Inc) dividend payment
● Friday: $SHV dividend payment
Have a nice week!
𝙍𝙞𝙘𝙖𝙧𝙙𝙤 𝘼𝙣𝙩𝙪𝙣𝙚𝙨,
𝙊𝙛𝙛𝙞𝙘𝙞𝙖𝙡 𝙚𝙏𝙤𝙧𝙤 𝙋𝙤𝙥𝙪𝙡𝙖𝙧 𝙄𝙣𝙫𝙚𝙨𝙩𝙤𝙧... Show More
