Last week strong bullish moves in Chinese Stocks and Cryptocurrency result in almost 3% of gains. This was a very intensive uptrend that started last week and shows great momentum in most of the portfolio assets, of which I can highlight the great performance of $MOMO (MOMO Inc ADR) | $BABA (Alibaba) | $ADA
Since I believe that “Trend is My Friend” I can only expect that the current portfolio continues to increase in the coming weeks in current open investments like $FB (Facebook) | $VIAC (VIACOMCBS) | $C (Citigroup) | $XLNX (Xilinx Inc) | $BRK.B (Berkshire Hathaway Inc) | $LUV (Southwest Airlines Co) | $VMUK.L (Virgin Money UK) | $USO and more.
That doesn’t mean I won’t maintain between 30 and 40% of the portfolio in cash, for now (38,68% at this moment). With the corona-virus cases rising in the USA I think anything can happen in the next weeks.
Don’t forgetting about cryptocurrency, that although it is a small part of the portfolio at the moment due to the high increase in the last week is making a great difference: $ETHEREUM | $TRX | $XTZ | $TRX
Next, I’ll share some info I have collected about the ADA and other Crypto that you may find relevant. I am currently earning 40% but this value may be much higher by the end of the year.
I hope you have a great and profitable week! Feel free to share your questions and thoughts with me by email or social media.