Santiago1000
๐Ÿ—“๏ธ Weekly Portfolio Update โ€“ Week 32: Aug 05 โ€“ Aug 11 Hello, eToro family! ๐Ÿ‘‹ Here's your weekly update on the Santiago1000 portfolio: ๐Ÿ“Š Portfolio Performance: Weekly: Our portfolio saw an uplift of +0.77% 3 Months: We've achieved a modest increase of +1.05% YTD (Year-To-Date): Marking a significant surge of +27.89% 12 Months: An impressive leap of +40.46% ๐Ÿ’ฅ Top Weekly Gainers: $TTD (Trade Desk Inc A): +19.52% $ANF (Abercrombie & Fitch Company): +11.10% $LLY (Eli Lilly & Co): +10.84% $VST (Vistra Corp): +8.57% $ASML (ASML Holding NV - ADR): +6.33% ๐ŸŒ Market Insights: What a rollercoaster this week! ๐ŸŒ€ Wall Street started off in the red with the S&P 500 ($SPX) having its worst day since September 2022, only to bounce back with its best day since November 2022 by Thursday. Recession fears early in the week turned into optimism as strong labour market data calmed the storm. By week's end, the S&P 500 closed flat, barely down by 0.04%โ€”the smallest decline in over six years. In contrast, the Santiago1000 portfolio held strong, finishing the week up by +0.77%, outperforming major indices like the Nasdaq Composite and the Dow Jones. ๐Ÿ“ˆ Weekly Market Movement: S&P 500: Flat at 5,344. Nasdaq: -0.2% to 16,745. Dow: -0.6% to 39,498. Russell 2000: -1.5% to 2,077. ๐Ÿ› ๏ธ Investment Moves: In my pursuit of growth and diversification, I initiated several key maneuvers. This includes the strategic acquisition of promising ETFs and stocks, aiming to bolster our portfolio's robustness against market volatilities and securing potential avenues for substantial growth. ๐Ÿ”ฎ Predictions and Strategy: Looking ahead, the U.S. stock market continues to present a beacon of resilience and opportunity. My analysis suggests a cautiously optimistic outlook, with an emphasis on agile strategies to leverage potential market corrections and rallies for our advantage. ๐Ÿ’ก Investment Tip: I encourage our newcomers to engage in eToro "VIRTUAL" mode, simulated trading copiers and strategy. It's a prudent approach to acquaint yourself with market dynamics, without the immediate risks. This exercise can significantly boost your confidence and prepare you for real-world investing. Thank you all for your continued trust. Let's keep building and growing together! ๐Ÿš€ Until next time, Santiago