This week has been intense in the markets, marked by high volatility, significant declines, and, at the same time, great opportunities. Amid the correction, we took advantage of attractive prices to strengthen positions in key stocks, including the Magnificent Seven and others we had on our radar, such as Broadcom, which reached very interesting levels.
During this situation, I questioned whether I was acting too soon, trying to anticipate the market and falling into one of the most common investment mistakes: trying to catch a falling knife. However, the S&P 500, after hitting 5,666 points, rebounded strongly toward the 5,780 zone, reinforcing the possibility of a solid weekly close. If the index consolidates above 5,800 or even surpasses 5,825, we could be looking at an important technical signal following a cumulative decline of more than 5% over the past week.
Meanwhile, the euro against the dollar has posted its best daily streak in 16 years, reaching $1.087 during today’s session. I don’t have a clear short-term outlook for the euro, but my plan remains to reduce exposure once it reaches the 1.11 – 1.12 range, where a key resistance level is located.
Weekly Recap & Trades
Throughout the week, I maintained a high cash position, staying up to 85% in cash. As the days progressed, I gradually re-entered the market, deploying about 25-30% of that liquidity by midweek. However, today I decided to go all-in with the 100% of my available capital, believing that if this wasn’t a full S&P 500 capitulation, we were at least very close, given the strong intraday rebound.
Key stocks I bought this week:
✅ Nvidia, Amazon, Google, Meta, and Tesla – Strengthening positions in key tech stocks.
✅ Intel, SMCI, AMD, and Broadcom – Special focus on semiconductors, with Broadcom under watch ahead of earnings.
✅ Palantir, C3.ai, and Reddit – AI and social media plays, taking advantage of recent dips.
✅ Nike and Uber – Positions previously held that we re-entered after exiting before the latest correction.
Outlook for Next Week
All eyes will be on unemployment data and Jerome Powell’s statements, which could set the market’s direction. Additionally, a potential de-escalation in Ukraine could act as a positive catalyst for the markets.
We’ll see how the investments play out and what new opportunities arise along the way.
📈🚀 See you in the next update!
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