PanicMode
Edited
Notable CopyPortfolio from the previous week (week ending 30.10.2020): @PanicMode Last week, eToro’s @PanicMode CopyPortfolio was one of the most notable performers with the CopyPortfolio gaining 6.69% on a week for week basis. Also worth mentioning is the @RenewableEnergy portfolio that despite the negative performance this week, it continues to be among the strongest performing portfolios, with six months in a row in profit exceeding 5% each month. @RenewableEnergy is one of the most hotly debated topics around the globe at the moment, especially with the U.S. election looming, as the winner of this election could have a significant effect on the sector going forward. Looking into @PanicMode, last week’s volatility rose sharply as several countries in Europe have begun to experience a sustained increase in the number of Coronavirus cases causing fresh concerns over a possible “second wave” which could have devastating effects on the global recovery from the initial wave of infections. Germany, France and England are all expected to place further restrictions on their respective populations in a bid to control the spread of the virus. On top of this, volatility was always expected to spike the closer we got to the U.S. election date. As most major indices declined over the past week, pushing the performance of the @PanicMode CopyPortfolio higher. This CopyPortfolio has a proven record of performing well at times of uncertainty and is the perfect tool to hedge other portfolios or positions against the adverse effects of rising volatility. Some metrics about the companies that comprise the @PanicMode CopyPortfolio from the past week: All 8 of the positions contained within the @PanicMode CopyPortfolio exhibited gains this last week with the $VXX contributing the most, having gained over 19% as of Friday’s close. The @PanicMode CopyPortfolio is up 23.20% in 2020 due mostly to the adverse effects of the Covid-19 pandemic which has caused global economies to crumble. eToto’s @PanicMode CopyPortfolio is designed to offer protection against falling world markets. It consists of short positions on major market indices and long positions on precious metals such as gold and silver as well as other instruments which are negatively correlated to world equity markets. The minimum investment amount for the @PanicMode CopyPortfolio is $2,000.
Like CommentShare
1 reply
1 reply
9 replies
null
.