Peter Guenther @PGuenther: "Yesterday I noted that we..."

United Kingdom

Yesterday I noted that we stay invested because rebounds can be sharp. Today is a perfect example. Following news that President Trump called off the planned attacks on Iran, markets rallied strongly and the portfolio benefited significantly. We're still some way from previous highs, but this is a very welcome rebound nonetheless. Our largest positions posted substantial gains: • $MU (Micron Technology, Inc.) surged almost 10%, bringing the position to nearly +40% in the portfolio. • $AMD (Advanced Micro Devices Inc) gained almost 8%, putting the position close to +30%. • $MRVL (Marvell Technology Group Ltd) jumped more than 11% today, taking the position to more than +50%. Days like these are a reminder of why staying invested through volatility is often the best course of action. $SPX500 $NSDQ100

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