Jorden Boer @JORDENBOER: "PORTFOLIO UPDATE ✅ eToro Elite..."

Netherlands

PORTFOLIO UPDATE ✅ eToro Elite Popular Investor ✅ July up +3.5% ✅ Earnings volatility August has started great with the portfolio ending up +2.75% last Friday as markets tanked on the first day of the new month. Today may see some of that profit eaten away as investors buy the dip to scoop up some 'cheap' stocks. The +3.5% of July made up for the disappointing portfolio result of June. We managed to close half of the short position of $FIVRR last week at a nice profit of 27.5% after having held the stock for only 10 weeks. The company reported reasonably good earnings but the technical analysis indicates bearish momentum and the high P/E ratio suggests it is still overvalued. The end of the month will cause some volatility in our portfolio as $NVDA (NVIDIA Corporation) and $AFRM (Affirm) report their Q2 earnings as well as giving us an insight in their expected forecast for the rest of the year. We are currently up nicely so far this year and I expect the $NSDQ100 to continue to come down in August. We only have 10% in spare cash right now and we will remain primarily short for the next couple of months. Once again, thank you new copiers and followers! Be patient and let's see what the coming years will bring us.

3 Mentioned

NVDA

NVIDIA Corporation

AFRM

Affirm

NSDQ100

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