Jorden Boer
Netherlands
PORTFOLIO UPDATE ✅ eToro Elite Popular Investor ✅ Market volatility ✅ Positive November November ended with a decent profit of 4.26% but December has erased those gains again in the first half of the month so far. Will the (in)famous end of year Santa Claus rally push us further into the red or will the markets tank as global unrest and overvalued tech stocks cause markets to go down? The markets have been very volatile the last couple of weeks and the $NSDQ100 has been jumping several percent both up and down on an almost daily basis. This causes many investors to take a step back to see where the markets are going and may lead to stock prices going down. We will continue to add some short positions in the next couple of weeks with new cash as a clear top in the market is now forming. Although I have said this numerous times before, it looks as though the market will not be moving upwards much further and once investors start to become unsure of the market direction in the near future, they will start to take profits causing markets to retreat. $TFC (Truist Financial Corp) partially hit a stop loss last week and today $NOW (ServiceNow Inc) has had a 1 for 5 stock split. The stock price has dropped by 80% but this does not give us any additional profits unfortunately. These stock splits usually occur when the stock price has become so high that investors are only purchasing partial shares. Through a stock split, the company is trying to make their stock more attractive to buy. Hopefully everyone is gearing up for a well deserved holiday season and will enjoy their New Years Eve in a couple of weeks time. Once again, thank you new copiers and followers! Be patient and let's see what the coming years will bring us.
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