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My Stock Portfolio News and Reactions | Week of 19th October 2020

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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 12 October 2020 for the stocks in my portfolio. 1.United Airlines (UAL)

  • News: American Airlines (AAL) Posts Q3 Loss, Suffers Revenue Dip Y/Y; American (AAL) Plans Boeing 737 MAX Service-Return in December
  • Reaction: It will still take some time to comeback, hopefully for flighting to take of in beginning of 2021

2.Apple Inc. (AAPL)

  • News: Apple (AAPL) Launches 24-Hour Music Video Channel Music TV; Apple (AAPL) Expected to Beat Earnings Estimates
  • Reaction: Good things could come up for Apple and to see the price continue to rise

3.AMNEAL PHARMACEUTICALS, INC. (AMRX)

  • News: Amneal (AMRX) is Poised to Beat Earnings Estimates Again
  • Reaction: Amneal was expected to post earnings of $0.10 per share, but it reported $0.13 per share instead, representing a surprise of 30%, a key stock of my portfolio.

4.Activision Blizzard, Inc (ATVI)

  • News: Activision Blizzard (ATVI - Research Report) currently has an Earnings ESP of +3.29%
  • Reaction: With the at home restrictions, gaming industry is on the rise

5.The Boeing Company (BA)

  • News: Boeing (BA) Q3 Earnings Expected to Decline
  • Reaction: Expected, but hopes are targeting aerospace and military contracts

6.Comp En De Mn Cemig ADS (CIG)

  • News: No news
  • Reaction: No news is good news, a good energetic company but not very dynamic, probably will sell soon

7.NIO Inc. (NIO)

  • News: NIO Catches Eye as stock jumps over 20%
  • Reaction: Nice to see this one flying, a stock to hold for few years as it has immense potential growth

8.Spotify Technology SA (SPOT)

  • News: Spotify (SPOT) Expected to Beat Earnings Estimates
  • Reaction: Earnings release is expected on October 29, 2020 and hope the price will go over $300 with it

The conclusion of the week is positive signs for my stock portfolio which from -$230.50 on 16th October 2020 closed the week at -$209.46 on 23rd October 2020, thus regaining just $20. If the trend continues and there is some hope to it based on the above news, we might end up with a positive portfolio soon.

Posted Using LeoFinance Beta