Nabil Sifo @NabilSifo: "𝐏𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐰𝐞𝐞𝐤𝐥𝐲 𝐮𝐩𝐝𝐚𝐭𝐞: 𝐌𝐚𝐫𝐤𝐞𝐭 𝐯𝐨𝐥𝐚𝐭𝐢𝐥𝐢𝐭𝐲,..."

Germany

𝐏𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐰𝐞𝐞𝐤𝐥𝐲 𝐮𝐩𝐝𝐚𝐭𝐞: 𝐌𝐚𝐫𝐤𝐞𝐭 𝐯𝐨𝐥𝐚𝐭𝐢𝐥𝐢𝐭𝐲, 𝐦𝐚𝐫𝐤𝐞𝐭 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲? Dear copiers and followers, Last week the US stock market had high volatility. On Friday, even the Chinese stock market pulled back as well. The scene in the crypto market was also not very bullish. As a result, we had a small pullback in our portfolio. 𝐖𝐡𝐚𝐭 𝐝𝐫𝐢𝐯𝐞𝐬 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭? The market dip started as a reaction to Jerome Powell’s comments on the inflation risk and weakening of the labor market. Investors felt some uncertainty as Powell didn’t offer clear guidance on future rate moves. And we know the market does not like uncertainty. In my opinion, there is nothing unusual going on. In September, a sell off is most likely as tax harvesting and portfolio restructuring take place. I don’t see any alarming signs in this market movement, and I hope to find a good chance to deploy our cash next week. Market dips in September offer (𝘴𝘵𝘢𝘵𝘪𝘤𝘢𝘭𝘭𝘺 𝘴𝘱𝘦𝘢𝘬𝘪𝘯𝘨) a good chance to position our investments for the end of the year. 𝐏𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐜𝐡𝐚𝐧𝐠𝐞𝐬: Last week I only added some funds to our new position $CRMD (CorMedix Inc) as I was hoping for a strong dip in $CELH (Celsius Holdings Inc.) and $LFMD (LifeMD Inc) , which did not come yet. Both stocks ended the week flat. Best regards, Nabil Sifo $SPX500 I am a professional risk modeler and an Associate Member of the Chartered Institute for Securities & Investment (CISI), London. All posts reflect my personal opinions only and do not constitute, nor should they be interpreted as, financial advice or a recommendation to buy or sell any securities. 𝐑𝐢𝐬𝐤 𝐖𝐚𝐫𝐧𝐢𝐧𝐠𝐬: Copy Trading does not amount to investment advice | Your capital is at risk | Past performance is not indicative of future results.

4 Mentioned

CRMD

CorMedix Inc

CELH

Celsius Holdings Inc.

LFMD

LifeMD Inc

SPX500

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