Keshav Lohiya @KeshavLohiya: "Hi all, We've been quiet..."

United Kingdom

Hi all, We've been quiet the last couple of weeks as the market just moves on headline noise..there are months when portfolio goes up and there are months where the portfolio goes sideways. We've been in the ytd range of 33-43% , with recent market moves pushing pressure on our portfolio and our drawdown is now nearly 10% from ytd highs. However it's a time to remain consistent and patient. We've taken some profits on $DUOL (Duolingo) (20%) and a quick 11% profit in braskem in 2 days. We are trying to build a cash buffer should we get a market correction. Otherwise our key holdings remain pretty much the same. Oil and chemical fundamentals are not moving on headline but rapidly depleting inventories which is postponing the commodity supply chain risks down the road Our big tech holdings are not doing well recently along with tech weakness. We remain bullish on $META (Meta Platforms Inc) and might be tempted to top up if it drops below $550. Similarly with $UBER (Uber Technologies Inc.) , we are looking to top up as it makes fresh 52wk lows.

Not investment advice. The author may have financial interests in the mentioned instruments.

3 Mentioned

DUOL

Duolingo

META

Meta Platforms Inc

UBER

Uber Technologies Inc.

Strictly Necessary Cookies

Performance Cookies

Functional Cookies

Targeting Cookies