Trending Assets
Top investors this month
Trending Assets
Top investors this month
$11.2MFollowers
Weekly market review (week/YTD)
$SPY -3.01%/-17.97%
$QQQ -4.39%/-27.44%
$VTV -2.15%/-6.82%
$VUG -3.85%/-28.75%
$ARKK -2.73%/-55.16%
Portfolio -1.52%/-18.39%
Indices with 7 consecutive down weeks in a row.
$SPY and $QQQ had a strong close on Friday, but the trend is still decisively down. The bear market is expanding to other sectors than tech. This week consumer discretionary got hit the most, especially retail with bad numbers coming from $WMT and $TGT
Although the Fear & Greed Index is quite low at 11, the mood on Fintwit isn’t that catastrophic. It’s still a happy bunch overall. Or maybe that’s just my bubble and all the negative people left bc they blew up buying speculative tech stocks and/or imaginary internet money/JPEGs.
My public portfolio is obviously down, but in line with $SPY. I primarily own quality companies and this makes me sleep well at night. As a value investor, I’m actually quite relieved that the bubble in speculative stocks popped this year and valuations matter again.
Check out my public portfolio to follow all my investments:
eToro
Michael Szumielewski @CaridinaCapital – eToro
👨💻 𝗔𝗯𝗼𝘂𝘁
• Full-time investor
• Business owner
• BSc in Business Informatics
💰 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆
• Investing in quality companies when they are temporarily undervalued
• Investable universe: Companies with predictable cash flows, sustainable high returns on capital and attractive long-term growth opportunities
• Stocks only (long only, no ETFs, no crypto, no leverage)
🎯 𝗚𝗼𝗮𝗹𝘀
• Goal #1: Protect our invested capital from outsized losses
• Goal #2: Outperform the S&P 500
💎 𝗖𝗼𝗽𝘆
• Copy with at least $200
• Copy open trades
• Copy for at least 12 months because this is a long-term strategy
📲 𝗖𝗼𝗻𝘁𝗮𝗰𝘁
• Feel free to contact me if you have any questions
• Twitter: visu
Already have an account?