Good evening!
From the last post until today inclusive, I have not made any new transactions. Updated portfolio as always - https://intelinvest.ru/public-portfolio/210131.
Distribution of stocks in %
1) TCS – 26.4% (+5.6%)
2) KWG – 13% (+1.7%)
3) Redsun - 11.2% (+1.1%)
4) Times - 13% (-3.2%)
5) Yandex - 9.5% (+0.9%)
6) Zynex - 9.3% (-0.5%)
7) Baozun - 6.5% (-2.3%). a decent minus in $, significantly worse than American indices. In general, I would really like the bottom to be reached in China and Hong Kong either now or passed at the end of September, since it is difficult to imagine where it can go even lower. But, as they say, those who like to buy the second bottom get a third gift 😊. That's why I sit on the fence and watch. Significantly reduced leverage, now only 100k left. I will expect a recovery in China and a 15-20% drawdown in the main American indices, and perhaps I will pick up something in the future for diversification. Who doesn’t know what to buy now, I advise you to do just that - hold it and save up, wait for drawdowns in America.
The dollar is quite cheap now in my opinion - oil is storming to $85 and, accordingly, the wooden one has gone below 71.4 RUB. Let me remind you that the last time oil was so expensive was exactly 3 years ago, at the beginning of October 2018, before that it had dropped to $30 from $100. True, the dollar then was not 71, but 66.5-67 RUB at the same price for Brent, but that’s a completely different story. In general, the idea of buying currency seems interesting. Oil at 100+ I think is quite possible, but a dollar at 60 RUB is unlikely) This is not an investment advice. Thank you for your attention.
Ideas
October 14, 2021