Index correction has not minimized,or now, the primary positive trend and the SP500 benchmark goes straight to 2500 points (target which we considered achievable at the end of the year).
Unfortunately, new upgrades have not been obtained by diversifying titles and sectors, but by the weight of the big technology (Apple-Google-Amazon - Netflix - Facebook).
Overexposure to the American market, particularly in the biotech and technology sectors, has allowed us to achieve a very positive result up to mid-month, and then be damaged by the appreciation of euro currency for which we will discuss the usual
At this point, we do not think over increase the equities weight but adopting the appropriate risk control strategies.
We attach schedule of the portfolio.