November comes to a close, so its Portfolio update time! 🙂
Total portfolio value: $107,457.33
Growth for the month: $1,761.44
Commentary:
The star of the month is Valeant Pharmaceuticals, reversing after earnings from 11.49 to 17.25 today. Almost gave up on that one, thankfully I didn’t (partly because I was overseas inundated with work). Keppel Corp and Keppel REIT cruised higher this month as well. This is offset by decreases in my anchor stocks Facebook and Google on some profit taking and rotation into laggards.
No significant transactions made this month, although I’m keeping an eye out for Nvidia, Alibaba and Tencent on a greater pullback than what it is at the moment.
All in all a great month. Hopefully we can end 2017 on a bang with potential catalysts like US tax reform and a gentle rate hike. Seasonal factors may be in play as people sell and go off on their holidays.
Thanks for reading.
Past portfolio updates
October 2017
September 2017
August 2017