My Stock Portfolio News and Reactions | Week of 16th November 2020

LeoFinance
14 days ago
2 Min Read
443 Words

In this post we'll analyze the latest news on the companies in which I am invested based on my current active portfolio holdings and we'll make some reactions on those. There might be good news, there might be bad news and the reactions might be in relation to that or to a wider view on where those will take me.

So let's see the news for the week of 16th of November 2020 for the stocks in my portfolio. First saying is that I have solved my NIO position and moved on TESLA.

1.United Airlines (AAL)
News: Airlines' Woes Rise as CDC Warns Against Thanksgiving Travel
Reaction: I think that AAL will get back on track in 2021 and we'll see the passenger volume increase continuously. With the vaccine out there, I expect people to rush into flying everywhere.

2.Apple Inc. (AAPL)
News: PC, Tablet Sales Grow at Record Pace in Q3. Apple (AAPL) Partners ChargePoint for Vehicle Charging Data. Apple (AAPL) Cuts App Store Fees to Aid Small App Developers
Reaction: Apple starts expanding and 2021 will be the year when it will put the mark on additional tech domains.

3.AMNEAL PHARMACEUTICALS, INC. (AMRX)
News: AMRX is a solid choice for value investors.
Reaction: Stable company, with its ups and downs, was hoping for much more from it. Might rethink the investment in the near future on this one as it doesn't provide me the expected action.

4.Activision Blizzard, Inc (ATVI)
News: Activision (ATVI) Launches Call of Duty: Black Ops Cold War
Reaction: Positive returns and this company keeps the pace. One investment to hold on and expect greater profit.

5.Chevron Corporation (CVX)
News: U.S. Crude Hits its Highest Price in 2 Month
Reaction: A monster of a company which will boost this winter and next year when life as we know it will resume. Strong cash flow, can pivot to more green industries.

6.Spotify (SPOT)
News: Bounced back and had a positive uptrend but didn't kept it too much.
Reaction: Still has to deliver, need to expand revenue and increase profits.

  1. Tesla Inc (TSLA)
    News: Tesla ETFs Soar on S&P 500 Inclusion News
    Reaction: Even if on the hype, I've finally decided to invest in Tesla after I've sold my NIO stock at a profit.

The conclusion of the week is of positive signs for my stock portfolio which from -$315.54 on 13th November 2020 closed the week at $$428.64 on 20th November 2020, thus giving more ROI by $100. Unexpected comeback from the overall stocks with an emphasize for selling NIO and buying into TESLA. Hopefully this is a good move for the future.

Posted Using LeoFinance Beta