JORDENBOER
PORTFOLIO UPDATE ✅ eToro Elite Pro Popular Investor ✅ Tesla stock down 8% pre-market ✅ Q2 earnings = volatility As companies start presenting their results from Q2 as well as sharing their earnings expectations for the remainder of 2024, the markets will be quite volatile the coming weeks. Tesla is already down 8% pre-market which will have a big impact on the $NSDQ100 today. As our portfolio is currently predominantly short with plenty of tech stocks, this will be great for us. Although we are slightly down for the year even though the markets have moved up significantly, we are still confident that green months will start to appear soon as the markets correct themselves and hopefully we can end 2024 with a positive result just like all previous years. $TSLA (Tesla Motors, Inc.) has stated that it expects lower vehicle growth over 2024 compared to 2023. They also reported lower gross margins and have now missed their earnings estimates for four consecutive quarters. This cannot be good for the stock but we currently only have a relatively small position as we closed 75% of our short positions when the stock was at 140 and 155. This month we will also see the Q2 earnings come in from: $NOW (ServiceNow Inc) $HAS (Hasbro Inc) $FSLR (First Solar, Inc.) $FVRR (Fiverr International ) These stocks should impact our portfolio nicely and hopefully we can end this month in the green. Wishing everyone a great summer in Europe as everyone's enjoying their holidays. 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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