Jennifer Davies
Jennifer Davies
United Kingdom
Hello to all my copiers and followers πŸ™‚ Portfolio Update As we are just past the 1st quarter, I wanted to do a quick update on how the portfolio is doing so far (at the time of writing): +3.44% YTD +8.29% April 99.52% Copier profitability The market has been extremely difficult to navigate over the last few months and no doubt there are more tough times ahead, but for now I am happy with the above. I am especially pleased to see that almost all of my copiers are in some profit at the moment. As we can see, April is continuing a more positive sentiment. Optimism that the Iran war will soon be over continues to grow, which in turn is bringing renewed hope for oil exports to return to a more normal level. As a result, I have re-adjusted the portfolio again slightly over the last couple of weeks. Also adding to the positive note, this week US PPI data came in weaker than expected, which will be a slight relief for the FED ahead of the FOMC later this month. US Banks, GS, C, JPM, and BAC kicked off earnings season largely beating estimates. Big tech earnings are due later this month (dates below), so expect the usual volatility then. Account Deposit I received confirmation yesterday that I will be promoted to Pro Investor status next month. As a result, I will be making another deposit to my account on the 1st May. It will be a much larger deposit than my previous ones (roughly around 150% of the current portfolio). I wouldn’t normally be making such a large deposit in one go, but this is to confirm that I meet all the requirements for the Pro Investor Program, which ensures my account can remain open for copiers. Copiers do not have to do anything and the eToro system will automatically realign portfolios with mine, after 48 hours. However, if you wish to add further funds, the eToro system will notify you of my deposit and give you the option to add also. As this is a significant deposit, it will most likely be the last one of the year. For the long-term copiers with me, my plan for next year will be to add much smaller deposits on a more regular basis (monthly or quarterly), but obviously this is something I will discuss with you all nearer to the time. As always, a big thank you to you all, Jen πŸ™‚ 22nd April UK CPI 23rd April AXP Earnings 28th April V & BP.L Earnings 28th / 29th FED FOMC 29th April GOOG, MSFT & META Earnings 29th / 30th AMZN Earnings (possibly early May – date TBC) 30th April LLY Earnings & BOE MPC NB. The above does not constitute financial advice. Past performance does not guarantee future results.
Not investment advice. The author may have financial interests in the mentioned instruments.
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