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

Netherlands

PORTFOLIO UPDATE ✅ eToro Elite Pro Popular Investor ✅ Nasdaq down 3% pre-market ✅ Portfolio up over 5% in August As mentioned in the previous posts, there are numerous factors causing the current correction. Not only does Q2 earnings cause volatility but there are also the following points to take into consideration: Japan's Nikkei Index dropped 12% this morning which is the largest drop since Black Monday 1987 There are fears of a US recession after Friday's disappointing July jobs report The Fed is already behind the curve regarding rate cuts which may increase the possibility of a hard landing Trump would prefer the Fed not to cut interest rates before the November elections The AI revolution will begin to retreat from extreme overvaluations of the big tech stocks (which everyone currently owns) causing the $NSDQ100 to plummet $NVDA (NVIDIA Corporation) is down 9% pre-market $TSLA (Tesla Motors, Inc.) is down 7% pre-market $SNAP (Snapchat Inc) lost 27% on Friday We will wait patiently before starting to close some short positions as markets continue to move down. We managed to sell our long $KO (Coca-Cola) positions last week in profit right before the market meltdown started. The month of August has started really well for our portfolio being up over 5% (at the time of writing) but there is still a long way to go to recover the missed opportunities of the last 12 months. Try to stay calm and look to add some long positions to buy and hold if you're into 'buying the dip'. We will remain short until markets settle down before adding some long positions. 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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NSDQ100

NVDA

TSLA

SNAP

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