- 1 June 2022
- Posted by: Federica Montella
- Categories: eToro CopyTrader, Investing
My portfolio in May has gone down by 5%.
Currently, 13 people are copying my portfolio.
I am a Cadet Popular Investor.
These are the monthly and annual performances of my portfolio.
As you saw from the previous slides, the month of May closed in negative with a decline of 5%
The markets remain very volatile due to high inflation and Fed monetary policy decisions to hike interest rates and start the reduction of the balance sheet.
The S&P 500 index had a rally of 10%, last week.
It’s currently holding the support line, which is positive.
However, I believe that this is just a relief rally, following 8 negative weeks in a row.
I’m expecting the market to continue the rally until it reaches the 50-day moving average.
Since the market is still trading inside a defined downtrend, I expect the price to continue to the downside for a while.
However, don’t worry, I am taking some actions to reduce the drawdown of the portfolio and take advantage of this decline.
The current asset allocation of my portfolio is:
Based on my forecast and analysis, I made some small changes to the portfolio.
I am gradually closing some positions in profit, so I am reducing the exposure to equities and I am reducing the risk of the portfolio.
I am also adding gradually some short positions because I am expecting another leg down on the market.
These are my recommendations for copiers and anyone who wants to invest in my portfolio:
– Be patient and remain calm
– Keep the copy open for long term
– Invest at least 1000 USD
My 2022 goals are:
– To close the year in profit
– To reduce the risk score to 5
– To become a Champion Popular Investor.
In Summary, May has been a negative month, however, I made changes to the portfolio, based on the current market conditions, that are going to generate more profit in the upcoming months.
If you have any questions or feedback get in touch via email or social media.
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See you in the next video.
If you want to invest in my portfolio, please follow these steps:
1. Create a new account on eToro, via the following link https://federicamontella.com/go/etoro/
2. Go to my eToro profile: https://federicamontella.com/go/etoro-passionforprofit/
3. Click on COPY