WEEK 28 SUMMARY

Wow Guys! What a bad week for us .. Very bad! but really very bad! We lose 7.59% which brings us a negative 3.65% from March 2021.

Worried? Absolutely no.

Hi guys!!

The nasdaq lost 1.89% in the last week following the release of the CPI in June 2021 which saw a 0.9% increase in June on a seasonally adjusted basis after rising 0.6% in May. This was the largest 1-month change since June 2008 when the index rose 1%. Over the last 12 months, the all items index increased 5,4% before seasonal adjustment; this was the largest 12-month increase since a 5,4% increase for the period ending August 2008.

The increase in used cars continues to weigh, increasing by 10% on a monthly basis. This increase accounted for more than one-third of the seasonally adjusted all items increase.

Thus the fears of inflation return and Mr. Market mainly affects the Growh stocks.

I repeat, in my opinion unfounded fears because there will be no talk of hyperinflation and interest rates will not increase until 2023. However, some Hedge Founds are taking advantage of the situation. Chinese technological actions due to the tightening of regulations also continue to face a difficult period. Even more difficult for Douyu after the failed merger with Huya. It has hit really ridiculous prices, in the short term it can continue to suffer but I expect it to recover from August - September. It will still underperform for quite a while as long as it doesn't have an extremely good Q3, which it hasn't done in the last 2 quarters.

Performance: 1/5 - Extremely bad week, we close in negative every day of the week

Satisfaction: 2/5 - There were some buying opportunities, but due to Douyu, NIU and SPCE in particular we were heavily penalized.

If last week I advised to start copying now is the best time to start it even if there may be an additional fund under the fund. But I think we will be able to recover some of this strong loss!

Anyway let's see our TOP and FLOP 3 of our portfolio:

TOP 3:

1. XIAOMI: + 5.81%

2. DIS: + 1.28%

3. AAPL: + 0.88%

The only 3 companies that closed the week positively.

Our FLOP 3 instead consists of:

1. SPCE: - 38.62%

2. SPWR: - 18.88%

3. NIU: - 17.31%

SPCE loses an exaggerated amount after the news of the possible sale of new $ 500 million shares. An exaggerated response from the market because it is a dilution of 4-5% of the current 240 million shares in circulation. It could be headed back to $ 25, in which case I would increase it further. Unfortunately it was a major blow to our portfolio along with the NIU case, which continues to be penalized. Douyu also lost 15.78% in the last week and 44% in the last 30 days.

Now let's move on to the operations carried out:

- Total open transactions: 6

- Total closed transactions: 5

- Profitable: 100%

- Average duration of operation: 18 days

- P / L total asset: 0.79%,

- P / L total asset daily: 0.19%

So let's beat our weekly target

Here the report of the closed operations:

I would be delighted if you would like to leave me a Feedback to make the report easier to read.

That's all for today, I wish you a good night / day / evening!