Investment Portfolio – Update – 5 August 2020

 

July 2020 Performance

📊 This is the latest update about my investment portfolio on eToro.

📊 July 2020 performance: +27.12%

📊 2020 YTD performance: +60%

July 2020 was a very positive month (like April and January) closed at 27% profit. I’m currently about 60% profit since the beginning of 2020.

 

My Investment Strategy

💹 My investment strategy is for long-term growth (capital gain and cashflow).

💹 My portfolio is structured to take advantage and grow the capital also during a financial crisis and a global recession (so it’s perfect for the current situation in 2020).

📊 Asset allocation: 92% on cryptos, 5% on ETFs and 2% on stocks.

📊 My portfolio is very volatile, due to the current asset allocation based mainly on cryptocurrencies.

👥 I have more than 200 followers and 8 copiers.

📊 My average risk score of the last 7 days is: 6

💵 Assets under management: less than $50,000

📅 Portfolio active since October 2017 (almost 3 years)

Most of my positions are open for a long time (months or years), but some positions are opened and closed in a few days.

👨🏻‍💻 I manage and monitor the portfolio manually, every day.

📩 I send recurring reports to all my copiers and I share it also on my website here.

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Indices

📈 I have closed my short positions on the indices. I’m currently LONG on the Nasdaq via $TQQQ (ProShares UltraPro QQQ). I will use each dip/pullback to open more LONG positions for the long term. I’m aware the US stock market is a bit overbought and a pullback is expected in the short term, however, I prefer to open LONG positions and hold them, even in case there will be a bear market.

The Nasdaq ($NSDQ100) is clearly trading in an upward trend and has recently made a new all-time high.

The S&P 500 ($SPX500) appears also in an upward trend but hasn’t reached yet an all-time high.

The Dow Jones ($DJ30) has been trading sideways for the past weeks and it will important to see what will happen, if it will break on the upside or the downside.

All 3 indices are now trading above the 200 moving average, which is a bullish signal.

Despite this, the fundamentals are still not good (high unemployment rate and a lot of businesses are closing or firing employees).

 

 

 

 

Commodities

📈  Gold ($GOLD) and Silver ($SILVER) are trading in a clear upward trend, due to the current global economic situation and due to the tensions between US and China.  

However, I’m not investing in them, but I prefer to invest in stocks because I can get a better return in the long term.

Also, be aware that they are both overbought at the moment, so a pullback in the short term is expected.

 

 

 

I have some LONG positions in $USO, the ETF of Oil ($OIL), that I have opened in April, when it reached the bottom and it started going up again.

The best position I have on $USO is more than 50% in profit. Overall I’m 10% in profit on $USO.

Now Oil ($OIL) is currently testing the 200 moving average, so it’s important to see what happens next.

At the moment I’m planning to hold on these LONG positions, but I’ve put a stop loss in profit for half of them, to protect the current profit.

 

 

Cryptocurrencies

📈 Bitcoin ($BTC) finally broke the $10,000 mark and it touched $12,000 a few days ago.

This is a bullish signal. If it’s able to break also the $12,000 mark then it will keep going up.

I’m HOLDING all my LONG positions on Bitcoin ($BTC) and the other cryptocurrencies, with no stop loss and no take profit. 

 

 

📈 All the other crypto, such as Ethereum ($ETHEREUM), Ethereum Classic ($ETC), Stellar ($XLM), NEO ($NEO), EOS ($EOS), Cardano ($ADA), IOTA ($MIOTA), ZCASH ($ZEC), TRON ($TRX), Tezos ($XTZ), Binance Coin ($BNB), Bitcoin Cash ($BCH), Ripple ($XRP), Dash ($DASH) and Litecoin ($LTC) all look in an uptrend at the moment, which is great, because I have LONG positions.

The best position I have at the moment on my portfolio is on Cardano ($ADA), and I’m 260% in profit!

Stocks / Shares

👨‍⚕️ I’m still LONG on $SAN.PA (Sanofi), which is a French company in the Healthcare sector, because it might be one of the companies that might find the vaccine for the Coronavirus.

I might be wrong on this, so I’ve invested only a small percentage on this stock, to reduce the risk of loss.

I’ve also opened other LONG positions on these stocks because they have fallen a lot recently but I’m expecting a bounce on the upside in the short term, so I’m planning to hold them for a short period and then close the positions at profit later on: Easyjet ($EZJ.L), Uber ($UBER) and Intel ($INTC).

I’ve also opened a LONG position on Main Street Capital ($MAIN), because it looks like a good stock to get monthly dividends. It pays about 8% per year. I’m planning to buy more of this stock every month.

Orders and Balance

I have some pending orders on Easyjet ($EZJ.L), Uber ($UBER), Intel ($INTC) and Main Street Capital ($MAIN), in case the price falls more.

I’m also keeping some cash available on balance to use for future opportunities.

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Copy open positions and keep the copy for the long term.

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Disclaimer

I’m not a financial advisor.

Any opinions that I publish may be wrong and may change at any time.

You should always carry out your own independent verification of facts and data before making any investment decisions.

If you are unsure of any investment decision you should seek a professional financial advisor.

I do not accept any liability for any loss or damage which is incurred from you acting or not acting as a result of reading any of my publications.

You acknowledge that you use the information I provide at your own risk.

eToro Disclaimer

Please be aware that all trading involves risk. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. This content is for educational purposes only and is not investment advice.

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