- 26 January 2023
- Posted by: Federica Montella
- Categories: eToro CopyTrader, Investing
Wall Street ended almost flat on Wednesday
Investors sentiment remains bullish as indicated in the graph below:
Sentiment indicator – Fear & Greed Index
The market sentiment is at 64 in the “Greed” mode. One month ago the market sentiment was in “Fear” mode.
The most important event of this week is the quarterly earnings reports of the big companies.
Tesla reported yesterday, a record-high revenue in the last quarter of 2022.
The company’s revenue for Q4 was $24.32 billion and a better-than-expected profit of $1.19 per share.
Elon Musk-owned Tesla said that the production is on track to deliver 37% more vehicles.
Today’s data to watch
Visa, Mastercard, Intel and American Airlines, among others, are expected to publish their earnings reports in the US.
Today at 13:30 GMT will be released the U.S. gross domestic product data which is expected to be at 2.6%.
At the same time will also be released the durable goods orders for the month of December and weekly initial jobless claims data.
Financial markets are going to be impacted today so there will be volatility.
I am monitoring the short positions on stocks and ETFs and will act accordingly.
This will allow my portfolio to make a profit if the market drops.
The fundamentals remain bearish, so I am neutral and cautious at the moment, based on the current FED monetary policy.
However, I aim to profit regardless of the market direction.
If you are already copying my portfolio, please keep the copy open.
If you are thinking of copying me, now could be the right time, if you can invest for the long term (years).
Remember to copy the open trades to optimize the copy.
Remember to set the stop loss on the copy at the minimum level, so you don’t get stopped if there is a correction.
Thank you, everyone. Have a nice day!
Steps to follow to copy my portfolio automatically:
2. Verify your account and make a deposit of at least 200 USD (you can deposit in any currency, like GBP and EUR)
3. Go to my profile page: https://federicamontella.com/go/etoro-passionforprofit/
4. Start the copy (copy open trades and set the lowest stop loss possible, to allow some movement)
5. Enjoy, it’s all automatic. You will make passive income 24/7
Let me know if you have any questions.
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