SEPTEMBER SUMMARY

Hello guys!

Fortunately, Friday ended September. After a good start in the first week registering a + 2% we close with a strong loss of 10.78%.

We start the month of October with a small + 0.48% but obviously we are far from recovering the losses suffered.

After the strong rally of 2020, this year the markets are heavily penalizing growh stocks and especially the Honk kong stocks in which we are heavily exposed. The fears and uncertainties we are experiencing are pushing us further and further down, so we just have to wait for the market to recover.

Meanwhile, the nasdaq closed September at -5.31%, the strongest loss of 2021 but in line with 2020 when it lost 5.16%.

Graphically, for the moment, it has bounced off the EMA 100 which appears to be a strong support and the latest close gives us hope for a recovery even if the macroeconomic news linked to the US debt that risks collapsing the economy if it does not rise the public debt ceiling by October is a real danger that we must keep under control.

Let's see our TOP & FLOP of the month of September:

TOP 3

1. SPWR + 1.93%

2. SPCE - 2.65%

3. YADEA - 5.07%

We therefore see that only SPWR closes positive after + 10% on Thursday thanks to its inclusion in the SPY MIDCAP 400 index.

SPCE recovers in part after the FAA re-authorized the flights after the July flight checks. At this point we just have to wait for news on the flight that will have to be made in mid-October (still no confirmation) always with the hope that it will be carried out.

FLOP 3

1. DOYU - 22.41%

2. NIU - 18.42%

3. TQQQ - 17.00%

No new news has changed the fundamentals of the companies listed above, Chinese companies follow the bear market so here too we wait.

NIU will be reporting third quarter sales this week (usually between 6th and 9th) and we may have an idea about the quarterly. Being very positive about this company, I expect great sales and I hope we can get through this difficult period. It is a company that I currently do not value less than $ 40. So we wait for it to return to its fair value.

My two copiers are currently in negative. I recommend adding funds to recoup these large losses but you are free not to.

𝗥𝗮𝗻𝗸 𝘀𝘁𝗮𝗿𝘁 𝗰𝗼𝗽𝘆: 𝟴 / 𝟭𝟬 - Also this week my advice is to start copying if you are interested because the market conditions are optimal. The sooner you start copying, the more you will be able to take advantage of our portfolio growth.

That's all for this week too, I want to thank again for the confidence given to me also in this period of strong correction. Your patience will be rewarded!

Goodbye and happy Sunday everyone!