Dear Investor,
Last week was a so-called distribution week, with a significant shift in many stocks on Friday.
The markets all closed the week negatively, with losses of -0.93% for the Dow Jones and -0.26% for the SP500.
On Monday, AMD was exchanged for MRVL at a profit. By Thursday evening, this share had generated a handsome profit of over 9%. On Thursday evening after trading hours, MRVL's figures were announced and received negatively by the markets. Ultimately, this position was closed yesterday evening with a small loss.
Fortunately, the other positions were winners, so the week still ended with a profit of €163, or +1.19%.
As of last night, we are up +4.82% for the month of March. The SP500 is up +0.54% this month.
We currently have four interesting positions available.
The markets appear ripe for a welcome correction. This is also a healthy move that will allow new candidates to emerge. Perhaps we will be able to buy back the same stocks we have had in our portfolio in recent months at lower prices. Time will tell...
Have a nice weekend.