Telemedycyna and AI versus precious metals. There could be only one winning composition: America First
Statistically, the worst month on the US market this year served a deviation from historical patterns. It was the shares of US companies that gave the September edition of the Bankier.pl stars portfolio. Metals that provided second place also showed strong results. The podium completed the selection of the biotechnology company with the WSE.
Statistically, September is the worst month in terms of rates of return on US stock exchanges. Historical data shows that the S&P 500 index this month achieves the lowest average monthly results, with a negative return rate of about -0.5% to -0.6% in various analyzed periods and the lowest probability of growth. Only January and June are similarly unfavorable, but September is clearly the leaders in negative statistics.
America First and the nobility among metals
This year, this historical observation was not confirmed on the market, because in September S & P500 scored over 3.5 % growth, improving the result from July, August and January, not to mention the declines from the period of February-April. The American stock market has shown the strength built on optimism around the technology and artificial intelligence sector and hopes for a milder monetary policy.
The situation may change in October, because in the United States the federal government (Shutdown) was closed. Congress did not adopt a temporary budget before the old one expired. This is the first such situation since 2018, which means in financial markets increased variability, weakening of the dollar and an increase in interest in safe assets …
… Like gold, which, along with other precious metals, was also the hero of the month on financial markets. However, gold, silver, palladium, platinum have been doing great since the beginning of the year. Gold records in dollar terms have gained 45 percent in 2025, almost 60 percent silver, and more than 70 percent platinum, and 35 % palladium. September brought a clear acceleration of price growth and new records following the change of federal reserve policy, which at the September meeting of FOMC announced the resumption of the monetary policy loosening cycle.
Weaker, which does not mean that badly, cryptocurrencies that spard during the holidays. The withdrawal passed Ethereum, and Bitcoin and Ripple prices increased a few percent. A new idea in one of the portfolios were Strategy Actions, i.e. a company that was the first to implement the Bitcoin Treasury strategy, successfully reproduced around the world, also in Poland.
This interesting experiment, however, is burdened with a high investment risk. It offers the potential of above average rate of return, but only in the case of persistent bull market at the first cryptocurrency course. Not even a drop, but simply losing up impetus, intensifies the risk of correction in companies implementing the treasury strategy, which we witnessed in September in the case of Strategy.
A total of 20 assets from financial markets, including companies, market indexes, ETFs, state-owned bonds, as well as cryptocurrency or precious metals, with equal scales, generated an average return rate of 5.9 percent. The MSCI All-Country World Index index, measuring the condition of the global stock market, increased by 3.4 percent.
Telemedicine, slimming, AI, gold, platinum and scope fluidics
Turning to the Laureates of the September competition for the highest monthly rate of return, according to the above, he won the wallet Jarosław Grzywińskiformer head of the Warsaw Stock Exchange, and currently an BCC expert on capital markets. The victory ensured him the choice of two American companies: Hims & Hers Health and Palantir. The result of his portfolio is 26.9 percent, which gives a second victory in the stars portfolio.
The first deals with telemedicine, offer health services and wellness products available online. A company connecting clients with licensed healthcare staff who can prescribe medication and advise on personalized treatment plans, for which customers pay a subscription. An example is the Wegova drug, used to treat obesity, available by their platform in form.
The most important growth catalyst was the judgment of the Federal Court in the US from the beginning of September 2025, which dismissed the claim filed by Eli Lilly against a similar telemedic company (Willow Health). This softened the fears of the potential legal and procedural risk for Hims. This year, the company's share price has already gained over 130 percent.
In turn, Palantir is a technology company specializing in creating software for analyzing large data sets (Big Data) for government agencies and the private sector. It offers solutions based on its own AI models, which integrates in its platform called AIP (Artificial Intelligence Platform). The increase in September was driven by raised forecasts of year -round revenues, strategic partnerships and a positive attitude of investors to the company's potential in the AI and defense sector.
The current winners of the “banker's stars portfolio”
Jarosław Fuchs – 4 wins
Albert Rokicki – 3 wins
Sobiesław Kozłowski – 2 wins
Sebastian Buczek- 2 wins
Jarosław Grzywiński – 2 wins
Piotr Kuczyński – 1 win
prof. Krzysztof Borowski – 1 win
Katarzyna Szwarc – 1 win
Tomasz Prusek – 1 win
Michał Masłowski – 1 win
The second place was taken by an economic journalist Tomasz Prusek,
whose wallet based on gold, silver, platinum and palladium, gained over 14 percent.
September was a month confirming a strong bull market on the precious metal market. All of them were in a strong upward trend, driven by common macroeconomic factors (pigeons Fed, weak dollar) and specific, favorable market foundations (deficits of supply for silver and platinum). Gold and silver were reached by historical maxima and long -term peaks.
He took third place Sebastian Buczeki.e. the founder and president of Quercus TFI. His choice was traditionally one company from the native dance floor, which allowed the investor to stand on the podium once again. Buczek took third place in the holiday edition and won in January and February. In September, Scope Fluidics announced that it would be aimed at concluding contracts for obtaining financing from EBI for one of the projects, intensifying investments and expanded cooperation as part of the FDA certification process (Food and Drug Administration in the USA). Investors raised after new information SCOPE COURSE by 7.2 percent.
About the “Star Wallet” project
The “Star Portfolio” project is the educational initiative of Andrzej Stec, the editor -in -chief of Bankier.pl, in which well -known people from the Polish world of finance and stock exchanges are divided by their investment ideas for a given month. As part of it, a group of participants chooses assets that they think will bring the greatest return in a given month.
We would like to remind you that investment elections to the Bankier.pl stars portfolio are the result of an individual look, not a recommendation. However, they can constitute a hint in which market group groups experts see opportunities for profits.
The stars portfolio is accompanied by panels with market experts as part of the “Champions Debate” series. Participants of the “Star portfolio” can be found at the Bankier.pl Finance Forum conference in Wrocław, which this year will take place under the slogan “Hossa for knowledge”. As part of it, there will be a panel “Bankier stars forecasts. ”
