📰 ᗯEEKᒪY ᗰᗩᖇKET ᗩᑎᗪ ᑭOᖇTᖴOᒪIO ᑌᑭᗪᗩTE 💼

Hey Fellow Investors 👋,

I hope you’ve had a good week and I hope you have a nice and relaxing weekend planned up and coming 😀. Let’s take a look back at the week that happened.

💼 PORTFOLIO OVERVIEW

🔴 Our portfolio closed this week down 1.32%. Which after having a strong previous week gaining over 6% I am quite happy that the market didn’t just have a reversal. This shows that we could be holding this position and looking to rally higher into year end.

💰 We invested funds on Friday into NOBL and VOO. A small portion went into VOO where we invest our kids college fund. The larger portion went into NOBL which is a Pro Share Aristocrat Dividend ETF. This is an ETF that has returned over 50% in the psst 5 years and has an annual dividend of 2.05%.

👀 LOOKING AT THE MARKETS THIS WEEK

🗞 It was an up and down week this week, which isn’t bad considering the prior week. If the market had reversed the previous week; I would be less positive about an end of year rally.

📰 The PPI (Producer Price Index) released this week and was weaker than expected showing some more signs of peaking inflation. This caused a bit of a bounce on Tuesday. We need to see this down turn in inflation to continue for a few months in a row.

📰 The retail sales numbers came out stronger than expected. On one hand this is good because it shows that consumer is stronger than expected and handling things ok. On the other side it could send messages to the FED that their job is a bit further from being over when it comes to rate rises.

🗞 After the previous week, the FED speak this week came out quite hawkish. Almost like they were trying to keep the stock market under wraps and not let it get away.

👉 With all of this we can see why the market was pretty flat to slightly down for the week.

❓ If you have any questions or thoughts please feel free to comment below or send me a message.

💰 Invest with me on eToro - https://etoro.tw/3gFJj9j

I hope you have a great weekend,

Nate