Dear all,
January has been a month of market swings, uncertainty, and key earnings releases. Despite the volatility, my portfolio ended the month with a +1.93% gain, slightly trailing the S&P 500’s +2.69% increase.
Market OverviewThe market remains nervous, with big swings in individual stock prices as companies report their quarterly results. A prime example is Shopify ($SHOP (Shopify Inc.)), which initially dropped 10% on the day of its earnings release despite reporting solid results, only to close the same day up 3%. This highlights the unpredictable nature of short-term trading and investor sentiment swings.
Another major event was the impact of DeepSeek’s AI debut, which rattled the AI space and caused fluctuations in Nvidia ($NVDA (NVIDIA Corporation)) and other key tech stocks. As the AI race heats up, we can expect more volatility in this sector.
Portfolio ActivityI made no trades in January. My strategy remains long-term focused, and I continue to hold strong positions in high-quality companies.
Geopolitical & Macroeconomic FactorsUncertainty persists around interest rates, U.S. tariffs, and the potential return of a Trump administration, all of which contribute to market jitters. These macro factors will likely drive market sentiment in the coming months, but as always, we stay invested with a long-term mindset.
Looking AheadYes, individual stocks will have rough days—The Trade Desk ($TTD (Trade Desk Inc A)) in February comes to mind (more on that later)—but in the long run, sticking to a solid strategy of investing in great businesses will lead to market-beating returns and long-term wealth creation.
Stay patient, stay invested.
Rasmus... Show More
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