Last week, I sat down with some old friends at @PodSaveAmerica to reflect on the 15th anniversary of the 2008 election, the work our Obama alumni are doing, and the state of our democracy. Check out our conversation:
President Xi Jinping attended the reception marking the 77th anniversary of the founding of the People’s Republic of China.
President Xi pointed out that over the past 77 years, our Party has rallied and led the people in forging ahead. We have fulfilled the First Centenary Goal of finishing building a moderately prosperous society in all respects, and we are striving to meet the Second Centenary Goal of building China into a great modern socialist country in all respects.
Since the start of this year, all of us in the Party and the country have forged ahead with enterprise and endeavor. We have formulated China’s 15th Five-Year Plan for economic and social development and started to implement it. We have effectively met various risks and challenges. The economy has made headway despite strong headwinds, achieved high-quality and innovation-driven growth, and demonstrated great resilience and vitality.
As long as we are steadfast in our confidence and pursuit of our goals, and press ahead with solid strides, we can surely achieve success for the great Communist Party of China, the great Chinese people, and the great People’s Republic of China.
Less than 2 hours to liftoff for our 15th mission of the year and Electron's 94th launch.
❄️LOX loading has begun
🌤️ Weather: 70% go
🚀 Range: Clear
⏱️ Liftoff: scheduled for 11:12 pm NZT local time
@SES_Satellites This mission marks our 15th with @SES_Satellites, having first launched SES-8 in 2013, followed by the first reflight of Falcon 9 during SES-10, and most recently, our fourth O3b mPOWER mission last year
Here's my next moves in our challenge account.
Since our start on June 15th, 2026:
• Our portfolio: +6.19%
• S&P 500: +3.26%
• QQQ: -0.95%
• SMH: -9.16%
We've been doing so amazing, avoided all-major drawdowns and rotated perfectly.
Recent buys:
1. We bought value in the telecom industry. Beaten down laggards that will outperform significantly once markets pullback
2. We also bought fast food chains, potential turnaround in the sector and already priced-in its disaster, negative same-store sales growth
3. Homebuilders, I believe this is one of the most overlooked trade that nobody is seeing expect us long-term.
4. Added cryptocurrency-related stocks sized appropriately; our moonshot play
5. Bought our tech names like $MRVL and others a few weeks ago during the -10% tech-dip
6. Bought into retail grocery chain at discount, laggard that will outperform once markets pullback in the future
Recent sells:
1. Trimmed some of our best performers
2. Fully out of Mastercard $MA for 13%+ gains from our entry in two months
3. Reduced $V position by 50%, 15%+ gains from our entry as well
4. Sold out of $BRK.B; we have some overlap like Google, Coca Cola, etc. No need for me to double-dip.
5. Trimmed 20% of $CRWV, strong gains and locking-in some profits
6. Reduced 50% in $ETN, great gains, locked-in some profits to raise capital to fund my new buys
7. Reduced 50% position in $AMGN - taking some profits from our healthcare/bio tech names
Let's keep growing your account together. 💪
Take 15 on the 15th 📰
Grove’s October newsletter will be out this Thursday, bringing an overview of recent activity in the Grove and a new piece from our credit team.
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