sokarius @sokarius: "⚡🦅 𝐀𝐔𝐆𝐔𝐒𝐓 𝐔𝐏𝐃𝐀𝐓𝐄 August was not..."

United Kingdom

⚡🦅 𝐀𝐔𝐆𝐔𝐒𝐓 𝐔𝐏𝐃𝐀𝐓𝐄 August was not a bad month, all things considered. We are down by a small -2.40 %, which isn't bad considering the gains of the previous months. I consider this but a minor correction to the market. Moreover, we have reached quite a few all time highs over the past month ($MA (Mastercard) , $ODFL (Old Dominion Freight Line Inc) and $NVDA (NVIDIA Corporation) ). Some of our other positions have reached a 52 week high, most notably $GOOG (Alphabet) and $ADBE (Adobe Systems Inc) ). So, while we are down a little bit, the portfolio overall is still strong and could see some additional gains before Christmas. 𝑱𝒐𝒊𝒏 𝒎𝒆 𝒂𝒔 𝑰 𝒄𝒐𝒏𝒔𝒊𝒔𝒕𝒆𝒏𝒕𝒍𝒚 𝒐𝒖𝒕𝒑𝒆𝒓𝒇𝒐𝒓𝒎 𝒕𝒉𝒆 𝒎𝒂𝒓𝒌𝒆𝒕. ❗ 𝐌𝐘 𝐑𝐄𝐒𝐔𝐋𝐓𝐒 𝑨𝒖𝒈𝒖𝒔𝒕 𝒍𝒐𝒔𝒔: -2.40% 𝒀𝒆𝒂𝒓 𝒕𝒐 𝒅𝒂𝒕𝒆: +35.88% ⬆️⬆️⬆️ $SPX500 𝒚𝒆𝒂𝒓 𝒕𝒐 𝒅𝒂𝒕𝒆: +17.87% ⬆️ 𝑹𝒊𝒔𝒌 𝒔𝒄𝒐𝒓𝒆: 4 ✅ 𝗧𝗼𝗽 𝗴𝗮𝗶𝗻𝗲𝗿𝘀: 🔹 $AXON (Axon Enterprise Inc) @ +14.32% 🔹 $REGN (Regeneron Pharmaceuticals) @ +11.34% 🔹 $WST (West Pharmaceutical Services Inc) @ +10.37% 🔹 $CHDN (Churchill Downs Inc.) @ +7.97% 🔹 $MANH (Manhattan Associates Inc) @ +6.01% I am happy with these and there is nothing major to note. Instead I would rather spend some time explaining the losses below. 𝗧𝗼𝗽 𝗹𝗼𝘀𝗲𝗿𝘀: While the percentage loss below is quite high, the positions themselves are quite small, so the overall loss to the portfolio is negligible. I have a total investment of only ~5% in all the stocks below. 🔹 $ADYEN.NV (Adyen NV) @ -54.33% A major loss not so much because of the quarterly results, but the words used which are worrying me more. They have noted 'strong competition' as reasons for not being able to gain ground in USA, which to me sounds like saying that they are unable to compete in general. This is worrying for a growth stock. On the positive side, ADYEN is a company that innovates and has introduced several new products in the sector, so I am looking at long term and perhaps they can gain further ground through that. 🔹 $ETSY (Etsy Inc) @ -27.71% ETSY is seeing a slowing growth of revenue and a loss in profits. Again, for a growth stock this is very worrying. However, I have only a small position of the stock in the portfolio and I am happy to ride this out one. 🔹 $SOFI (SoFi Technologies Inc) @ -24.66% This stock will fluctuate quite a bit. I have bought and sold a position in June, and we will likely see these fluctuations frequently. So I am keeping and may even increase the position if it dips further. 🔹 $GNRC (Generac Holdings Inc) @ -22.83% 🔹 $DXCM (DexCom Inc) @ -19.04% Both of these had good quarterly results, increasing in both revenues and profits. However, the decrease in EPS was perhaps their undoing. Just as with ETSY, the positions are small, and I am keen to see if they are going to rise rather than sell. Overall, for September I am holding about 10% in cash. There are good options out there that I had mentioned in last month's update, but none of them hit my buying point. We are still outperforming S&P500 with about 20%, so I am not rushing to buy. ⚡🦅 I have a diverse long-term portfolio and it is always a good time to start copying me. ❗ 𝑴𝒂𝒌𝒆 𝒔𝒖𝒓𝒆 𝒕𝒐 𝒕𝒐𝒄𝒌 '𝒄𝒐𝒑𝒚 𝒐𝒑𝒆𝒏 𝒕𝒓𝒂𝒅𝒆𝒔'. ✅