James Paterson
James Paterson
United Kingdom
Good evening guys and how was your week? Our portfolio has performed well so far ytd posting gains of + 2% vs - 3.3% from our closest benchmark $NSDQ100 thanks to some recent strength in Cryptocurrencies, still it is nothing to write home about I know. The narrative driving markets is of course the Middle-Eastern conflict which had sent (and still may send) $OIL soaring near-term however this should pass should a resolution be reached which is likely over the coming weeks. As a result I added $DVN (Devon Energy Corp) as a bit of a trade which isn't quite working currently however as one of the major LNG producers in the states and with the stock trading reasonably cheap compared to peers I think it's a decent mid-term additon to the portfolio especially if LNG takes time to start flowing again out of Qatar and the strait of Hormuz. This month (like the previous month) I fell short of maintaining my Champion P.I status therefore I did not get paid by Etoro. My AUC is consistently on the borderline of $50k meaning I tip above and below depending on the month and unsurprisingly an 'Oil Shock' is not usually productive to an equity portfolio's returns! Regardless I will add a little cash to the portfolio at some point this month. Copiers know that I am currently in the midst of getting married and purchasing a home which is constraining my capital as of now but I remain determined to continuing to rebuild the portfolio with those assets that I think can outperform this year. $BTC $ETH Thanks for reading as always, James
Not investment advice. The author may have financial interests in the mentioned instruments.
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