Thomas Parry Jones
United Kingdom
Edited
Weekly Market Recap – Live from the eToro Summit, Cyprus 🇨🇾 Dear investors, I’ve been at the eToro Popular Investor Summit this week in Cyprus – always great to connect with investors and discuss market outlooks heading into year-end. Markets have been moving higher on improved US-China relations, with hints of a potential tech deal involving $NVDA (NVIDIA Corporation), alongside a 25BP rate cut. However, Jerome Powell’s hawkish comments later in the week reminded investors that inflation control remains the Fed’s priority. $META (Meta Platforms Inc) earnings also weighed on sentiment after a one-off $16B tax charge hit profits making the stock sharply drop. We’re still holding this position, as both the technicals suggest it’s oversold, and the ongoing tax impact from the “Big Beautiful Bill” remains materially lower than this one-off charge. For context, our portfolio is up +2.8% this week, +4.6% in October, and +53.5% YTD. By comparison, the $SPX is up +3.0% this month and +16.7% YTD. Meaning we’re outperforming the market by +36.8%. Solid progress into Q4 – momentum remains strong, but I’m watching closely for signs of short-term exhaustion as we head into November. Thanks, TJ Copy Trading is not investment advice | Your capital at risk | Past performance does not guarantee future results.
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