Georgios Fatouros @GeorgeFatouros: "📊 𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 𝗨𝗽𝗱𝗮𝘁𝗲 & 𝗠𝗮𝗿𝗸𝗲𝘁..."

Greece

📊 𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 𝗨𝗽𝗱𝗮𝘁𝗲 & 𝗠𝗮𝗿𝗸𝗲𝘁 𝗢𝘂𝘁𝗹𝗼𝗼𝗸 – 𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝟮𝟬𝟮𝟲 Hello everyone, Our latest rebalance took place this past Monday — rotating 5 out of 10 positions. We kept $MU (Micron Technology, Inc.), $CAH (Cardinal Health Inc), $TD (Toronto-Dominion Bank), $WDC (Western Digital Corporation), and $WMT (Walmart Inc.), and added $ITUB (Itau Unibanco Holding ADR), $CASY (Casey's General Stores Inc), $MCK (McKesson Corp), $APEI (American Public Education Inc), and $GILD (Gilead Sciences Inc). 𝗬𝗧𝗗 𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲: ~+𝟭𝟳% vs roughly flat for the S&P 500. 𝗠𝗮𝗰𝗿𝗼 & 𝗣𝗼𝘀𝗶𝘁𝗶𝗼𝗻𝗶𝗻𝗴 The regime is 𝗻𝗲𝘂𝘁𝗿𝗮𝗹 𝗽𝗼𝗹𝗶𝗰𝘆, 𝘀𝗲𝗹𝗲𝗰𝘁𝗶𝘃𝗲 𝗴𝗿𝗼𝘄𝘁𝗵. Fed holding at 3.50–3.75%, committee divided. Inflation cooling unevenly — shelter improving, goods sticky from tariffs. Growth narrow, with AI capex doing the heavy lifting while housing lags. An environment that rewards stock selection over broad beta. 𝗔𝗜 𝗜𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲: $MU and $WDC sit directly in the AI data pipeline. AI buildout is now a power, grid, and data story — not just chips. The bottlenecks increasingly sit in 𝗺𝗲𝗺𝗼𝗿𝘆 𝗮𝗻𝗱 𝘀𝘁𝗼𝗿𝗮𝗴𝗲, driven by the 800G-to-1.6T networking cycle and hyperscale expansion. Both held through the rebalance. 𝗗𝗲𝗳𝗲𝗻𝘀𝗶𝘃𝗲 𝗤𝘂𝗮𝗹𝗶𝘁𝘆: Roughly half the portfolio is anchored in 𝗽𝗿𝗶𝗰𝗶𝗻𝗴 𝗽𝗼𝘄𝗲𝗿 𝗮𝗻𝗱 𝗻𝗼𝗻-𝗱𝗶𝘀𝗰𝗿𝗲𝘁𝗶𝗼𝗻𝗮𝗿𝘆 𝗱𝗲𝗺𝗮𝗻𝗱. $MCK and $CAH are healthcare distribution leaders — structural, essential-spend businesses that outperform when markets rotate toward quality. $GILD adds pharma with strong cash flows. $WMT and $CASY capture essential consumer spending with scale advantages. These aren't just hedges — they are consistent return generators that reduce volatility without sacrificing upside. 𝗦𝗲𝗹𝗲𝗰𝘁𝗶𝘃𝗲 𝗩𝗮𝗹𝘂𝗲: $TD and $ITUB offer well-capitalized banking at attractive valuations without CRE concentration risk. $APEI adds counter-cyclical education exposure — workforce reskilling demand tends to strengthen during labor market uncertainty. — George

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