Delta concerns dampen markets

Last Week’s Top Five Market Winners

Nasdaq Stock Market (NASDAQ)

The past week included significant gains for Monday.com (MNDY), TaskUs Inc. (TASK), Niu Technologies (NIU), Viridian Therapeutics Inc. (VRDN) and CureVac NV (CVAC).

  • Monday.com (MNDY) shares skyrocketed after the work management software provider announced strong Q2 results for its first quarter as a public company.
  • TaskUs Inc. (TASK) shares surged for the second week in a row to hit an all-time high since the digital outsourcing tech company’s IPO in June.
  • Niu Technologies (NIU) shares jumped after the Chinese electric scooter manufacturer released strong Q2 earnings, including promising guidance for the coming quarter.
  • Viridian Therapeutics Inc. (VRDN) shares rallied to recover losses which followed the biotechnology company’s earnings release last week. 
  • CureVac NV (CVAC) shares were up after the German biotechnology company released upbeat preclinical data for its COVID-19 vaccine candidate trial on primates.

NASDAQ TOP-PERFORMING STOCKS

STOCKWEEKLY CHANGECURRENT TRADING PRICESECTOR
Monday.com (MNDY)84.38 (+31.50%)352.28Technology
TaskUs Inc. (TASK)9.41 (+23.52%)49.42Services
Niu Technologies (NIU) 3.66 (+17.21%)24.93Consumer Goods
Viridian Therapeutics Inc. (VRDN)1.80 (+15.33%)13.58Consumer Goods
CureVac NV (CVAC)8.02 (+13.64%)66.82Healthcare

New York Stock Exchange (NYSE)

Strong results were recorded on the New York Stock Exchange for Macy’s Inc. (M), Bright Health Group Inc. (BHG), BJ’s Wholesale Club Holdings Inc. (BJ), Inspire Medical Systems (INSP), and Zhihu Inc. (ZH).

  • Macy’s Inc. (M) shares soared after the well-known retailer announced it was bringing the Toys ‘R’ Us brand back to its stores and website. 
  • Bright Health Group Inc. (BHG) shares rallied following the Insurance company’s announced plans for expansion. 
  • BJ’s Wholesale Club Holdings Inc. (BJ) shares popped after the warehouse retailer reported its second-quarter earnings, which beat expectations. 
  • Inspire Medical Systems (INSP) shares gained following an analyst upgrade of the medical technology company stock.
  • Shares of Zhihu Inc. (ZH), often referred to as the “Quora of China,” jumped after the company released its latest quarterly results.

NYSE TOP-PERFORMING STOCKS

STOCKWEEKLY CHANGECURRENT TRADING PRICESECTOR
Macy’s Inc. (M)3.47 (+18.34%)22.39Consumer Goods
Bright Health Group Inc. (BHG)1.50 (+17.86%)9.90Healthcare
BJ’s Wholesale Club Holdings Inc. (BJ) 6.61 (+13.14%)56.90Consumer Goods
Inspire Medical Systems (INSP)24 (+12.72%)212.73Consumer Goods
Zhihu Inc. (ZH)0.95 (+10.22%)10.25Services

Last Week’s Top Five Market Losers

Nasdaq Stock Market (NASDAQ)

The last seven days were less than ideal for Qualigen Therapeutics Inc. (QLGN), Toughbuilt Industries Inc. (TBLT), Fate Therapeutics Inc. (FATE), Cleanspark Inc. (CLSK) and SuRo Capital Corp. (SSSS).

  • Qualigen Therapeutics Inc. (QLGN) shares crashed after the healthcare company released Q2 earnings, including plans to deprioritise its COVID-19 therapy candidate, sending shares to a yearly low.
  • Toughbuilt Industries Inc. (TBLT) shares plummeted after the home improvement and construction products maker released disappointing second-quarter financial results.
  • Fate Therapeutics Inc. (FATE) shares tanked after the biotechnology company’s interim data from ongoing clinical trials failed to impress investors.
  • Shares of cryptocurrency mining and energy technology company Cleanspark Inc. (CLSK) plunged after reporting heavy losses this quarter.
  • SuRo Capital Corp. (SSSS) shares dropped over 20% this week, erasing the venture capital company’s recent gains.

NASDAQ WORST-PERFORMING STOCKS

STOCKWEEKLY CHANGECURRENT TRADING PRICESECTOR
Qualigen Therapeutics Inc. (QLGN)-0.60 (-33.71%) 1.18Consumer Goods
Toughbuilt Industries Inc. (TBLT)-0.192 (-28.11%)0.491Industrial Goods
Fate Therapeutics Inc. (FATE)-19.70 (-22.72%) 67.01Consumer Goods
Cleanspark Inc. (CLSK)-3.13 (-22.49%)10.79Consumer Goods
SuRo Capital Corp. (SSSS)-3.36 (-20.97%)31.49Financial

New York Stock Exchange (NYSE) 

On the New York Stock Exchange, HEXO Corp (HEXO), Tencent Music Entertainment Group (TME), RLX Technology Inc. (RLX), F45 Training Holdings Inc. (FXLV), and Vipshop Holdings Ltd. (VIPS) all experienced negative movement over the past week.

NYSE WORST-PERFORMING STOCKS

STOCKWEEKLY CHANGECURRENT TRADING PRICESECTOR
HEXO Corp (HEXO)-1.22 (-34.46%)2.32Consumer Goods
Tencent Music Entertainment Group (TME)-2.34 (-23.88%)7.46Technology 
RLX Technology Inc. (RLX)-1.11 (-22.11%)3.91Consumer Goods
F45 Training Holdings Inc. (FXLV)-3.82 (-22.11%)13.46Services
Vipshop Holdings Ltd. (VIPS)-3.04 (-18.7%)13.22Services

Highlights and Lowlights

Despite gains made as the week closed, the US stock market posted weekly declines. Weighed down by COVID-19 concerns, as well as losses for economically sensitive industries such as banking and energy, the SPX500  was down -0.5%, and the DJ30 lost -1%. The NSDQ100 posted a -0.7% decline for the week.

Earnings season continued to provide a bright spot in market news. By now, more than 90% of SPX500 companies have released earnings for Q2 2021, with almost 87% reporting better-than-expected revenues. 

What’s in Store for the Week?

We will see earnings reports from top retailer Best Buy, cloud software company Salesforce, interactive exercise bike manufacturer Peloton, and hardware company Hewlett Packard.

Investors will be closely following key economic releases in the coming week, including July’s Personal Income and Spending, which helps gauge the strength of the American consumer sector, and the PCE Price Index, a primary inflation index which helps guide Fed decisions. New insights into the US housing market, which has been cooling off recently, are also expected with the release of July’s Existing Home Sales and New Home Sales. 

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You should seek advice from an independent and suitably licensed financial advisor and ensure that you have the risk appetite, relevant experience and knowledge before you decide to trade. Under no circumstances shall ADR Investors or eToro have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs or (b) any direct, indirect, special, consequential or incidental damages whatsoever. Trading with ADR Investors via eToro by following and/or copying or replicating the trades of other traders involves a high level of risk, even when following and/or copying or replicating the top-performing traders. Such risks includes the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Past performance of an eToro Community Member is not a reliable indicator of their future performance. Content on eToro’s social trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of eToro | Copyright © adrinvestors.com | an eToro partner.

Past performance is not an indication of future results.
General Risk Disclosure | Terms & Conditions

Corporations get behind crypto as Bitcoin reclaims $50K

Cardano and Algorand lead another week of gains for digital assets

Bitcoin has once again passed the key milestone of $50K after a week that saw some of the biggest global corporations make moves on the digital asset market.

Retail giant Walmart posted a job for a crypto expert to investigate virtual payment options, Facebook announced that their crypto wallet is approaching its launch date, and Microsoft said it is considering using Ethereum to counter piracy. Meanwhile, the second-largest U.S. mortgage lender revealed plans to accept cryptoasset payments for home loans.

This headline-grabbing news helped the market shrug off an exchange hack in Japan, and prices moved up across the board. Top performing assets include Cardano, which rose to an all-time high ahead of the upcoming Alonzo upgrade, and Algorand which added 25% on the launch of a tokenized real estate marketplace.

This Week’s Highlights

  • Cardano becomes third-biggest crypto ahead of Alonzo upgrade
  • Facebook’s crypto wallet prepares for launch

Cardano becomes third-biggest crypto ahead of Alonzo upgrade

Cardano has risen rapidly through the ranks this past week, toppling Tether and BNB to become the third-largest cryptoasset by market cap.

The Ethereum rival ADA added 40% to reach new all-time highs, making a total increase of over 100% in August so far. This comes ahead of the highly-anticipated Alonzo upgrade, which is expected to deploy long-awaited smart contract functionality to Cardano on September 12, 2021.

According to data from CoinShares, some of Cardano’s price rally could be driven by institutional investors. The cryptoasset management firm’s latest report shows that Cardano has attracted institutional inflows of $39 million, year-to-date.

Facebook’s crypto wallet prepares for launch

Facebook’s Novi wallet, designed for its Blockchain-based stablecoin Diem, is “ready to come to market” according to co-founder David Marcus.

The project, formerly known as Calibra, aims to challenge traditional payment solutions with “an interoperable digital wallet that will enable people, and eventually small businesses, to move money [via the cryptoasset Diem] around domestically and internationally in a quick and affordable way.”

Given Facebook’s dominance in the social media sphere, traders will be watching closely to see whether the project can bring some of Facebook’s enormous global user base into the cryptoasset ecosystem.

The week ahead

Excitement is building after Bitcoin blasted through $50k. Beyond this key psychological threshold, all-time highs at $65k are almost within reach.

In the coming week however, Fed officials will meet for their annual symposium to discuss potentially tapering the monetary stimulus that is widely thought to have powered stocks to record highs.

Any suggestion of changes in policy could catalyze volatility in Bitcoin, which according to research from Santiment has correlated “quite strongly” with the S&P 500 over the last month.

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You should seek advice from an independent and suitably licensed financial advisor and ensure that you have the risk appetite, relevant experience and knowledge before you decide to trade. Under no circumstances shall ADR Investors or eToro have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs or (b) any direct, indirect, special, consequential or incidental damages whatsoever. Trading with ADR Investors via eToro by following and/or copying or replicating the trades of other traders involves a high level of risk, even when following and/or copying or replicating the top-performing traders. Such risks includes the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Past performance of an eToro Community Member is not a reliable indicator of their future performance. Content on eToro’s social trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of eToro | Copyright © adrinvestors.com | an eToro partner.

Past performance is not an indication of future results.
General Risk Disclosure | Terms & Conditions

Get to know an Elite Popular Investor: Dr. Sumit Roy

Dr. Sumit Roy holds a PhD in Economics and has more than seven years’ experience in the stock market. From our interview with Sumit, one thing that is evident is his hands-on experience in working and studying in many countries. Like any other serious investor, Sumit performs in-depth research before investing in a company, but he also brings the advantage of hands-on experience in understanding how companies work across three continents.  Sumit is a Popular Investor on the eToro platform and a full-time investor. Although he is in front of the screens all day researching, analysing and trading, his message to potential copiers is to have patience.

We found some time during his busy schedule to speak with Sumit about his background, his investment strategy and goals as an investor.

67% 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.

ASIC Disclaimer: AFSL 491139.Capital at risk. See PDS.

Tell us a little about yourself!

I am a researcher and Business Consultant by profession. Now using that experience and those skills for slowly transitioning into a full-time eToro investor. I hold a PhD in Economics, Management and Statistics from the University of Messina, Italy. In addition, I have studied and worked in India, Italy, the US, Belgium and China where I have had a lot of exposure and interactions with industries representing various sectors.

I am an avid chess player, curious traveller and an enthusiastic trekker. Of course, outdoor activities are on hold due to the pandemic.  

Tell us about your financial background.

I was first formally introduced to the concept of stocks and investing while studying for a Business Degree at university. I learned more about investing and became actively involved while studying for my MBA. Initially, I was only interested in the stock market for a few years while managing a stock portfolio for my family. My knowledge relating to managing stocks increased significantly during those times. Later on, I studied for a PhD in Economics, Management and Statistics during which I became much more comfortable with the stock market. 

What is your strategy, and have you changed it recently to adapt to the volatile markets? 

My strategy involves the following criteria:

 Investments

  • 𝐕𝐚𝐥𝐮𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠: Identify undervalued stocks to invest in
  • 𝗗𝗶𝘃𝗶𝗱𝗲𝗻𝗱s: Keep one portion of investments in dividend-paying stocks
  • 𝗚𝗿𝗼𝘄𝘁𝗵: Growth stocks targetting higher returns
  • 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗦𝗲𝗰𝘁𝗼𝗿𝘀: Investments in diverse sectors like travel, technology, green energy, food, fashion, healthcare and pharmaceuticals.
  • 𝗢𝘁𝗵𝗲𝗿𝘀: Occasional indices, commodities and currency trading. I often take small risks by opening short-term positions in commodities and currency trading (X5, X10) but only with small amounts.
  • Diversification: To reduce the impact of volatility, I diversify. I follow the rule of having no single stock with more than 5% weight in my portfolio. Most of the investments I keep are well under 4% of the total portfolio.

I try to buy more stocks of strong but undervalued companies. If I believe in the company’s prospects and see that the fundamentals are strong, I continue opening new positions there even if shares are falling. I do this until the investment reaches around 5% of the total portfolio. Similarly, if I identify a company whose fundamentals are weakening, I immediately close my positions there. I also sometimes open small positions in trending stocks, buying and selling within a few days.

Where do you do your research?

I use trading central, tradingview, yahoo finance and Microsoft money as sources of information and articles to study the companies I am interested in investing in. I usually find companies of interest from financial news, WSJ articles and other popular investors before researching them. I also look into the company’s official publications, reports and reviews from other investors. I learn from other successful investors, and along with my knowledge about financial management, I try to apply those lessons to my investments.

How has eToro changed the way you trade?

Since I joined eToro, I have done more research on my targeted companies than I did before. I also started to invest more internationally. Thanks to eToro’s offering, currently, I have diversified my investments into companies in many countries.

One more interesting change happened due to eToro’s commission-free trade system. I frequently open new smaller positions; I wasn’t doing it before, because on other platforms, I had to pay commission on a per-trade basis.    

Which assets or industries do you have your eye on now?

Airline, travel, real estate & construction,  fashion, food, technology, healthcare and pharma. I keep looking for emerging and undervalued companies in these sectors.  

What was your favourite trade over the past 12 months?

If I have to name one trade, it would be Hugo Boss.  

Hugo Boss plummeted to under $25 per share as soon as the pandemic lockdown started. After carefully studying the company, I decided to buy stocks. The low stock price was primarily due to lockdown. The numbers were good, and analysts were giving the company “buy” ratings. The company had plans to expand, and online sales were strong.

With the new CEO in June last year, Hugo Boss announced a new online-focused strategy in July. That included a sales target of 400 million Euro before 2022 and opening up Hugo Boss online stores in 24 new markets.

This was my cue to buy this stock. I opened my positions in July 2020 and held them until the price rose to the pre-pandemic level last month. It is my favourite recent trade because of the percentage of return I managed to get from it in less than a year. 

Do you invest in any asset classes outside of stocks, commodities and crypto?

Stocks are my preferred investments. At any given point, I keep more than 90% of my portfolio allocation in stocks. After stocks, I look to commodities. Crypto investing is something I rarely do with a cap of never exceeding 2% of my portfolio, and I seldom operate in currency trading.

What is your long-term trading goal?

I consider stock investments as an instrument to achieve long-term financial security. The idea of compounded growth in stocks provides unmatched financial freedom. With rising inflation, money loses its value. To keep generating value from money, the best way is to invest in good stocks. 

Any message to copiers or potential copiers?

  1. Patience — The stock market is naturally volatile. Don’t panic. Once you copy an investor, let him work for you. Some corrections are normal.
  2. Diversify — Even if your copy investor is well-diversified, you can still diversify more by copying even more people.  
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You should seek advice from an independent and suitably licensed financial advisor and ensure that you have the risk appetite, relevant experience and knowledge before you decide to trade. Under no circumstances shall ADR Investors or eToro have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs or (b) any direct, indirect, special, consequential or incidental damages whatsoever. Trading with ADR Investors via eToro by following and/or copying or replicating the trades of other traders involves a high level of risk, even when following and/or copying or replicating the top-performing traders. Such risks includes the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Past performance of an eToro Community Member is not a reliable indicator of their future performance. Content on eToro’s social trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of eToro | Copyright © adrinvestors.com | an eToro partner.

Past performance is not an indication of future results.
General Risk Disclosure | Terms & Conditions

The history of diversification

Diversification is a key building block of successful long-term investing and has been called “the only free lunch in finance.”¹ While its origins can be traced back millennia, it has developed dramatically in recent years as markets have grown and new instruments emerged. But now with both equity and bond valuations very high, the diversification challenges to investors have risen. In this article, we track recent developments and show how to manage diversification today.

What is diversification?

Diversification² enables investors to moderate their portfolio risk while still generating returns. This is done by combining assets that often react differently to similar risks. For example, bonds, currencies, and gold have had a negative correlation with equities over the last decade. While US equities have returned nearly 10% a year on average, bonds have returned 4.5%, but with less than a fifth of the risk.

The four big diversification developments

Practical diversification has changed dramatically in the last forty years from the classic 60:40 portfolio. As markets globalised, new asset classes rose, and we learnt to slice asset classes in different ways. We highlight four big changes, and the outlook today.

  1. The original 60:40 portfolio. The initial focus in the 1970s was on simple diversification across the two most common asset classes: equities and bonds. A 60% domestic equities allocation for the long-term capital return, balanced with 40% in bonds for their downside protection in difficult times along with a reliable yield. Today this can be proxied by the SPDR S&P 500 equity (SPY) and Vanguard total bond market (BND) ETF’s. 
  2. Going international. The 1980s saw the growth of international diversification, across equities and bonds, and the rise of currencies as an asset class. This was driven by the abandonment of capital controls and fixed exchange rates in the 1970s, and the rise of emerging markets — with the term itself coined in 1981.These can be proxied today via iShares MSCI EAFE (EFA) and iShares MSCI Emerging Markets (EEM) ETF’s.
  3. The endowment model. The 1990s saw diversification across more asset classes, particularly less liquid ones, pioneered by David Swensen at Yale University. Known as the “endowment model,” it invested outside of traditional equity and bonds and in private equity, hedge funds, real estate, commodities and other less liquid alternatives. Yale saw 13% returns a year in Swensen’s 35 years in charge. Today, under 10% of the portfolio is invested in traditional domestic equity, bonds, and cash. Alternatives could include SPDR Gold (GLD) and Vanguard Real Estate (VNQ) ETFs.
  4. Factor investing. The 1990s also saw an acceleration in using quantifiable characteristics, or “factors,” to determine asset returns, aided by increased computing power and quantitative techniques. These factors included size (small-, mid-, large-cap), value and growth, price momentum, leverage, and profitability, among others. Examples of factor ETFs are iShares Russell 2000 (IWM) and Vanguard Value (VTV) ETF.

More development today — Crypto, ESG, and liquid alternatives

These changes have not stopped. Over the last decade, we have seen the emergence of

Cryptoassets: This has grown into a $1.3 trillion market cap asset class, led by Bitcoin, and is seeing gradual institutionalisation It has a history of both very high risk-adjusted returns and low correlations as compared to other asset classes. On eToro, diversified cryptoasset exposure is available with @CryptoPortfolio and @CryptoEqual

Environmental, social, and governance. Non-financial analysis has surged in importance in the last decade, led initially by corporate-governance considerations, and now by environmental concerns. Governments are seeking to limit carbon emissions, consumers are voting with their wallets, and investors are allocating to “green” investments. For examples, see the @RenewableEnergy and @Driverless portfolios on eToro.

Liquid alternatives. We are also seeing a surge of new investment vehicles, offering access to traditionally private or very specialist markets. Assets such as infrastructure (speciality REITs), preferred debt, master limited partnerships (MLPs), litigation finance, and hedge fund long/short. For examples, see Invesco preferred (PGX), and Alerian MLP (AMLP) ETFs.

Challenges in perspective — diversification still works

Challenges to diversification and the traditional 60:40 portfolio are high. US equity valuations are significantly above long-term average levels, while long-term bond yields have been falling for thirty years and are now below even the level of inflation. Money market rates are negligible with monetary policy rates at zero or lower globally. The combined earnings yield and bond coupon on a traditional US 60:40 portfolio was a little over 3% in mid 2021, compared to over 10% in the mid-1980s.

Large segments of relative value remain, however. International equity valuations were on the largest P/E valuation discount versus those of the US in over a decade as of mid-2021, and led by emerging markets. Similarly, US value stocks are on a historically large discount to growth stocks, with the largest value component — Financials — the cheapest sector in the market.

Even now the power of diversification is on show. Commodities have the poorest average long-term return of any asset class, with a 4% annualised decline, but have rebounded over 20% in 2021. Similarly, Value has recently reversed in part a dramatic decade of underperformance. Bonds have posted a rare negative return in the first half of 2021, but have been more than compensated by near double-digit returns from alternatives such as real estate investment trusts, and factors such as small caps.

More need than ever; more alternatives than ever

The bad news is that investors’ need to diversify today is greater than ever, and this often requires looking beyond the obvious. The good news is that diversification still works, and more asset class alternatives and investment options are available than ever before.

Sources:

  1. Economist and Nobel Prize winner Harry Markowitz
  2. eToro posts on diversification: Inflation and diversificationDiversification the best bet against loss aversionWhy is portfolio diversification essential.
adrinvestors.com

You should seek advice from an independent and suitably licensed financial advisor and ensure that you have the risk appetite, relevant experience and knowledge before you decide to trade. Under no circumstances shall ADR Investors or eToro have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs or (b) any direct, indirect, special, consequential or incidental damages whatsoever. Trading with ADR Investors via eToro by following and/or copying or replicating the trades of other traders involves a high level of risk, even when following and/or copying or replicating the top-performing traders. Such risks includes the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Past performance of an eToro Community Member is not a reliable indicator of their future performance. Content on eToro’s social trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of eToro | Copyright © adrinvestors.com | an eToro partner.

Past performance is not an indication of future results.
General Risk Disclosure | Terms & Conditions

Learn from those in the know with automatic copy trading

Lockdown turned record numbers of people into self-directed investors, but copy trading could be the key to investment success.

The world’s largest online investment platforms added 11 million customers in 2020, with eToro at the top having added 5 million users, according to Trading Platforms[1].

Giving more individuals the chance to have greater control over their portfolios is important for the democratisation of investing.

But every investor needs investment ideas unless they have the time or the capability to do their research from scratch. This is where eToro’s CopyTrader feature can help.

Expert insight

Deciding which cryptoassets, commodities, currencies or stocks to back can be a difficult decision for new investors.

Fund managers seldom disclose their entire portfolios and never reveal live trading activity, making it impossible for individual investors to replicate a professional.

However, CopyTrader allows users to choose the eToro investors whose portfolios they want to copy, leveraging the knowledge of their peers for their own benefit.

Crucially, your portfolio will copy everything those investors do automatically, in real time, meaning you don’t have to constantly keep watching the markets.

The average yearly profit of our 50 most copied Popular Investors for 2020 was 83.7%, far above that experienced by some of the world’s largest indices, such as the S&P 500 and the FTSE 100.

This shows the benefits of copy trading, but what is important is that you remain in control.

Shared knowledge

CopyTrader works by allowing you to select the investors you want to copy, and then deciding the amount you wish to invest in that investor’s portfolio.

CopyTrader allows investors to duplicate all of the currently open trades of the portfolio they want to copy, or they can simply replicate any new trades that are made by the copied investor from that moment onwards.

Furthermore, investors can also set their Copy Stop Loss limits, which allow them to control by how much they are willing to let the value of their investments fall before terminating their copy relationship.

So, if Investor A invests $1,000 in copying Investor B and sets a 60% Stop Loss, the copy will end once the original copy amount (of $1,000) reaches $600 — equivalent to 60% of the initially invested capital.

The $600 will then be returned to Investor A, allowing them to pursue other ideas.

Investors must be aware that if they increase or decrease the amount of money they have dedicated to copying an investor, the copy stop-loss will be recalculated.

This means that if Investor A invests $1,000 in a copy trade of Investor B’s portfolio, and the value of that copy falls to $700, but Investor A adds another $1,000 — then the 60% Stop  Loss is now calculated on the total $2,000 that has been allocated to the copy trade.

Conversely, Copy Stop Loss points can also be altered, with the range extending from 5% to 95%. Reductions in copy stop-losses can only be made to the nearest 5 percentage points.

For example, if Investor A’s $1,000 copy trade was currently losing $300, and the copy stop-loss was set at 60% (allowing for a $400 loss), the copy stop-loss could only be reduced to 65%, because moving it to 70% in this scenario would lead to the immediate closure of the trades.

It is worth noting that the minimum amount that can be invested in copying an investor is $200, and each copied trade must be at least $1. The maximum a user can invest in one investor is $2 million. A maximum of 100 investors can be copied simultaneously.

An extra level of control allows copy investors to pause their copying, enabling them to stop copying an investor without closing all of their positions.

This means no new trades will be made, however, any changes to existing positions will continue to be reflected in the copying investor’s portfolio, while maintaining stop-loss limits.

Worry-free selection

For those worried about choosing the right investor to follow, eToro has a solution.

Our CopyPortfolios are a pre-constructed mixture of various assets or investors and are constantly optimised by our cutting-edge algorithms.

The Market Portfolios either follow a predetermined market strategy, or focus on a specific market theme, such as technology, while the Top Traders Portfolios group successful investors together.

The holdings in each type of portfolio are overseen by eToro’s financial experts, who harness the power of machine learning to support their decisions.

To give examples of these portfolios, one choice available within our Market CopyPortfolios is our BigTech CopyPortfolio, which groups major companies from the tech sector into one portfolio.

Meanwhile, something like our GainersQtr Copy Portfolio groups eToro investors who have shown consistent returns and who are likely to turn a profit over the next quarter, according to predetermined parameters of our algorithm.

eToro has a wide selection of portfolios to choose from, allowing investors to gain access to the trends they believe are most compelling.

Whether it’s investing in the gig economy, drone technology, cannabis, cloud computing, renewable energy or even the pet industry, we have a ready-made portfolio for it.

Helpful tools

Another benefit of eToro is its ability to bring financial instruments that are usually reserved for professionals to individual investors.

This means that even investors with smaller portfolios can copy trade any position.

With electric carmaker Tesla’s share price at more than $650 at the time of writing, a new investor starting out with a $2,000 portfolio might now want to dedicate nearly a third of their capital to one stock.

Investors on eToro can make use of fractional shares. So, in the case of Tesla, our investor with a $2,000 portfolio could buy half a share in the car company, meaning less than a sixth of their capital was exposed to the US firm. In fact, on eToro, investors can invest as little as $100 in a stock that costs $500.

Comprehensive choice

Investors on eToro can use CopyTrader to invest in stocks, crypto assets and ETFs (exchange-traded funds) without using CFDs. All of these asset classes involve investors actually buying the underlying asset.

Commodities and indices (the latter which tracks stocks from a certain market, based on predetermined criteria, such as the US’s S&P 500, the UK’s FTSE 100 or Germany’s DAX 30) are traded on eToro solely using CFDs. It is not possible to invest in an index directly, so a CFD is used to copy the composition of the index.

In the case of indices, CFDs simply allow investors to replicate the basket of stocks that make up an index, rather than buying the stocks themselves.

Currency trading is arguably the trickiest due to the volatility of the asset class, and the short time in which investors open and close positions.

Substantial capital is required to generate profits from movements in currency, which are measured in very small units known as ‘pips’ (0.0001).

For this reason, most trading platforms offer leveraged transactions at a fixed ratio, commonly 1:100.

This means that for every $1 invested by an investor, the platform — such as eToro — loans the investor an additional $99.

This lending is known as leverage, which as mentioned previously can amplify gains, but also losses.

Currency trading is carried out on eToro solely using CFDs, which negates the need to actually buy physical foreign currency.

Due to its complex nature, copy trading could be a sensible way to gain access to currencies, however, investors must ensure they fully understand the implications of a leveraged trade.

Zero commission

Benefitting from the expertise of professional investors involves paying fees, but at eToro, we never charge any management, administration or ticketing fees.

We even absorb Stamp Duty and Financial Transaction Tax for clients where applicable; this saves clients 0.5% in the UK, 1% in Ireland, 0.3% in France, and 0.1% in Italy.

eToro makes money from charging various spreads and fees for some trades, such as short-selling, and withdrawals.

A spread is the difference between the ‘bid’ and the ‘ask’ price of a financial security, such as a stock; the ‘bid’ is the highest price at which you can sell a stock, the ‘ask’ is the lowest price at which you can buy it.

Depending on demand, ‘ask’ prices can be higher than the price of the stock itself, while ‘bid’ prices can be lower.

Importantly though, there are no extra charges levied on investors for copying the expertise of our most successful and qualified investors, meaning whether you choose your own investments, or benefit from the insight of investors with a strong track record, there is no commission.

Registering with eToro is easy and you can sign up here. Plus, those who register can get started with a risk-free account with $100,000 in virtual funds to help you get more familiar with the investment markets and eToro’s functionality.

CopyTrader is a product that may include CFDs. CopyPortfolios is a product that may include CFDs.

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You should seek advice from an independent and suitably licensed financial advisor and ensure that you have the risk appetite, relevant experience and knowledge before you decide to trade. Under no circumstances shall ADR Investors or eToro have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs or (b) any direct, indirect, special, consequential or incidental damages whatsoever. Trading with ADR Investors via eToro by following and/or copying or replicating the trades of other traders involves a high level of risk, even when following and/or copying or replicating the top-performing traders. Such risks includes the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Past performance of an eToro Community Member is not a reliable indicator of their future performance. Content on eToro’s social trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of eToro | Copyright © adrinvestors.com | an eToro partner.

Past performance is not an indication of future results.
General Risk Disclosure | Terms & Conditions

Buying Bitcoin: what you need to know

With Bitcoin investing now available on the eToro platform for clients in the Netherlands, we would like to take this opportunity to cover some of the basics of buying Bitcoin for beginners. So, if you don’t know your Bitcoin from your blockchain, this article is here to help.

Is there a Bitcoin barrier to entry? For many curious investors who have yet to dip their toes in the proverbial waters, the biggest thing holding them back may be summed up in one word: knowledge. 

The more you try to wrap your brain around the technology behind Bitcoin, the more confused you may be about its actual investment value. How exactly is Bitcoin mined? What is a hard fork? And proof of stake vs proof of concept? Head scratchers abound. 

If we haven’t lost you yet — good! While you may never master the concepts of blockchain and how cryptocurrency is created, in reality, you don’t need to when it comes to investing. All you really need to know is why cryptocurrency has value, how that value compares to traditional currencies, and what investing means in the long run. 

INVEST IN BITCOIN TODAY
Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.

On platforms like eToro, users can deposit as little as $50 to fund an account, where they can buy, sell, and hold Bitcoin, along with over a dozen other cryptocurrencies. 

So what makes crypto different from investing in traditional currency, like the Euro or the US dollar? Here are a few key distinctions.

Finite Supply

One of the big issues with investing in the US dollar is inflation, which has been made increasingly evident during the COVID-19 pandemic. As the US dollar weakens at a more rapid rate, with trillions printed by the Federal Reserve, it is no surprise that investors will look for unique ways to diversify their money. 

How does inflation affect Bitcoin? In the current context, it doesn’t. That iss because Bitcoin has a finite amount of 21 million coins, so while the value can increase, the maximum amount in circulation cannot. Currently, there are 18.7 billion Bitcoin in circulation, meaning there are still some left to be mined. As a result, many investors look to Bitcoin as a hedge against the damaging effects of inflation.

INVEST IN BITCOIN TODAY
Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.

Store of Value

Bitcoin’s finite supply lends to its store of value over time. While gold was the original intrinsic asset, its cumbersome nature led to it being replaced by fiat (i.e., paper) money. A store of value, meanwhile, is an asset that maintains its worth and can be exchanged in the future with no deteriorating value, which cannot be safely said for current physical currency. 

Bitcoin, meanwhile, checks all of the major boxes as a strong store of value over time. It has a steady level of scarcity thanks to its finite supply, it is easily divisible (up to eight decimal points), it has growing use as a utility (i.e., form of currency) in transactions, it is easily transportable through digital wallets, it is durable as a non-physical currency, and it isnearly impossible to counterfeit thanks to blockchain encryption technology.

Institutional Investment

The problem with Bitcoin’s value in the past was that it was mostly driven by retail investment, which ebbed and flowed based on how consumer investors felt about the crypto’s future. In recent months especially, however, major players in tech and financial sectors have either plunked money into Bitcoin or adopted the currency on their platforms. 

Companies like MicroStrategy, Square, and Tesla have invested huge chunks of capital in Bitcoin, while both traditional (Visa, MasterCard) and modern (PayPal) financial institutions are starting to integrate crypto as a feasible form of currency. The more Bitcoin becomes mainstream, the more legitimate it becomes as a long-term investment.

INVEST IN BITCOIN TODAY
Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.

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You should seek advice from an independent and suitably licensed financial advisor and ensure that you have the risk appetite, relevant experience and knowledge before you decide to trade. Under no circumstances shall ADR Investors or eToro have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs or (b) any direct, indirect, special, consequential or incidental damages whatsoever. Trading with ADR Investors via eToro by following and/or copying or replicating the trades of other traders involves a high level of risk, even when following and/or copying or replicating the top-performing traders. Such risks includes the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Past performance of an eToro Community Member is not a reliable indicator of their future performance. Content on eToro’s social trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of eToro | Copyright © adrinvestors.com | an eToro partner.

Past performance is not an indication of future results.
General Risk Disclosure | Terms & Conditions

Markets still high on earnings

Last Week’s Top Five Market Winners

Nasdaq Stock Market (NASDAQ)

The past week included significant gains for Golden Nugget Online Gaming Inc. (GNOG), Novavax Inc. (NVAX), TaskUs Inc. (TASK), Pilgrim’s Pride (PPC) and Array Technologies Inc. (ARRY).

  • Golden Nugget Online Gaming Inc. (GNOG) shares skyrocketed following news of a $1.56 billion acquisition deal for the online casino by online sports betting giant DraftKings.
  • News of a new supply deal with Denmark helped COVID-19 vaccine maker Novavax Inc. (NVAX) shares rally after a sell-off last week.
  • TaskUs Inc. (TASK) shares surged following the release of the online customer service company’s second-quarter earnings, its first report as a publicly traded company.
  • Shares of poultry producer Pilgrim’s Pride (PPC) jumped following news of an acquisition offer made by JBS, the world’s largest meat packaging company.
  • Array Technologies Inc. (ARRY) shares experienced volatility surrounding the ground-mounted solar systems maker’s second-quarter earnings report, but ended the week with strong gains. 

NASDAQ TOP-PERFORMING STOCKS

STOCKWEEKLY CHANGECURRENT TRADING PRICESECTOR
Golden Nugget Online Gaming Inc. (GNOG)7.17 (+58.44%)19.44Consumer Goods
Novavax Inc. (NVAX)67.38 (+35.48%)257.27Consumer Goods
TaskUs Inc. (TASK)9.01 (+29.06%)40.01Services
Pilgrim’s Pride (PPC)6.06 (+28.48%)27.34Consumer Goods
Array Technologies Inc. (ARRY)3.69 (+27.09%)17.31Basic Materials

New York Stock Exchange (NYSE)

Strong results were recorded on the New York Stock Exchange for Albertsons Cos Inc. (ACI), Nucor Corp. (NUE), Lithium Americas Corp. (LAC), Unity Software Inc. (U), and Stride Inc. (LRN).

  • Albertsons Cos Inc. (ACI) shares soared after the supermarket chain announced its hiring of a new president and chief financial officer. 
  • Steel manufacturer Nucor Corp. (NUE)’s shares rallied to an all-time high following the acquisition of Cornerstone Building Brands’ insulated metal panels (IMP) business for approximately $1 billion.
  • Lithium Americas Corp. (LAC) shares popped after analysts raised the price targets on competing lithium mining companies, as demand for lithium rose.
  • Unity Software Inc. (U) shares gained after the video game design and animation software company reported strong Q2 earnings results.
  • Stride Inc. (LRN) shares jumped after the education provider released its results for the fourth fiscal quarter and full fiscal year ended June 30, 2021.

NYSE TOP-PERFORMING STOCKS

STOCKWEEKLY CHANGECURRENT TRADING PRICESECTOR
Albertsons Cos Inc. (ACI)5.29 (+21.54%)29.85Consumer Goods
Nucor Corp. (NUE)21.86 (+20.96%)126.17Basic Materials
Lithium Americas Corp. (LAC)3.08 (+20.8%)17.89Basic Materials
Unity Software Inc. (U)21.87 (+20.44%)128.87Consumer Goods
Stride Inc. (LRN)5.95 (+18.61%)35.62Consumer Goods

Last Week’s Top Five Market Losers

Nasdaq Stock Market (NASDAQ)

The last seven days were less than ideal for Axsome Therapeutics Inc. (AXSM), Weight Watchers International Inc. (WW), SmileDirectClub Inc. (SDC), Bluebird Bio Inc. (BLUE) and GrowGeneration Corp. (GRWG).

  • Axsome Therapeutics Inc. (AXSM) shares lost half their value over the past week after the biotech company’s quarterly earnings report included an update concerning regulatory setbacks for its leading drug candidate.
  • Weight Watchers International Inc. (WW) shares plummeted after the weight loss company released disappointing second-quarter financial results.
  • SmileDirectClub Inc. (SDC) shares tanked after a dismal second-quarter earnings report showed that the oral care company’s lower-cost alternative to Invisalign was not sufficiently enticing customers.
  • Bluebird Bio Inc. (BLUE) shares crashed after the drugmaker reported some bad news in its Q2 update — a Phase III clinical study has been put on hold by regulators, and the company plans to withdraw its severe genetic disease products from the European market.
  • GrowGeneration Corp. (GRWG) shares plunged after second-quarter earnings. Despite beating both revenue and earnings expectations, the hydroponic gardening retailer’s sales growth rate is expected to slow down in the second half of 2021.

NASDAQ WORST-PERFORMING STOCKS

STOCKWEEKLY CHANGECURRENT TRADING PRICESECTOR
Axsome Therapeutics Inc. (AXSM)-28.30 (-55.32%) 22.86Consumer Goods
Weight Watchers International Inc. (WW)-8.27 (-26.41%)23.04Consumer Goods
SmileDirectClub Inc. (SDC)-1.80 (-26.35%) 5.03Consumer Goods
Bluebird Bio Inc. (BLUE)-6.56 (-26.21%)18.47Consumer Goods
GrowGeneration Corp. (GRWG)-10.85 (-25.63%)31.49Consumer Goods

New York Stock Exchange (NYSE) 

On the New York Stock Exchange, Virgin Galactic Holdings Inc. (SPCE), Zomedica Pharmaceuticals Corp. (ZOM), Perrigo Company (PRGO), Nevro Corp. (NVRO) and Coupang Inc. (CPNG) all experienced negative movement over the past week.

NYSE WORST-PERFORMING STOCKS

STOCKWEEKLY CHANGECURRENT TRADING PRICESECTOR
Virgin Galactic Holdings Inc. (SPCE)-8.0 (-23.97%)25.37Consumer Goods
Zomedica Pharmaceuticals Corp. (ZOM)-0.11 (-19.29%)0.47Consumer Goods
Perrigo Company (PRGO)-8.02 (-16.38%)40.95Healthcare
Nevro Corp. (NVRO)-17.74 (-14.82%)101.99Consumer Goods
Coupang Inc. (CPNG)-4.93 (-12.71%)33.87Technology 

Highlights and Lowlights

Wall Street maintained its uptrend, with the SPX500 and the DJ30 slightly beating last week’s records by 0.8% and 0.9% respectively. A whopping 87% of SPX500 companies exceeded their second-quarter revenue estimates thus far, bringing the number of record weekly highs for the index in 2021 up to 48. The NSDQ100 posted a tiny -0.1% decline for the week.

What’s in Store for the Week?

We’ll see earnings reports from major retailers, including TargetWalmart and Home Depot, as well as from semiconductor industry leaders Nvidia and Applied Materials

Investors will be closely following key economic releases in the coming week, including retail sales from around the world, US Industrial Production, and Federal Open Markets Committee (FOMC) meeting minutes. Some insights into the US housing market are also expected, with the release of July’s Housing Starts and Building Permits.

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You should seek advice from an independent and suitably licensed financial advisor and ensure that you have the risk appetite, relevant experience and knowledge before you decide to trade. Under no circumstances shall ADR Investors or eToro have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs or (b) any direct, indirect, special, consequential or incidental damages whatsoever. Trading with ADR Investors via eToro by following and/or copying or replicating the trades of other traders involves a high level of risk, even when following and/or copying or replicating the top-performing traders. Such risks includes the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Past performance of an eToro Community Member is not a reliable indicator of their future performance. Content on eToro’s social trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of eToro | Copyright © adrinvestors.com | an eToro partner.

Past performance is not an indication of future results.
General Risk Disclosure | Terms & Conditions

Altcoin boom pushes crypto market beyond $2 trillion

Cardano, Doge and XRP celebrate high double-digit gains as confidence returns to market

The total value of the cryptoasset market has once again risen above $2 trillion, as altcoins including Cardano and XRP race to reclaim all-time highs.

This bullish price action comes in defiance of negative headlines. The Senate passed the infrastructure bill on Tuesday without changing the requirements for crypto tax reporting, and on the same day $611 million was stolen in the largest DeFi hack in history (though the culprit has since returned the funds). Nevertheless, traders were not concerned, and multiple altcoins are now flashing high double-digit weekly gains.

Beating the 3% increases of Bitcoin and Ethereum, XRP jumped almost 60% after forming a new partnership, closely followed by Cardano and Ethereum Classic with almost 50% gains, and Dogecoin which leaped 33% as Mark Cuban tweeted support for the memecoin.

This Week’s Highlights

  • Cardano climbs 45% ahead of major upgrade
  • U.S. infrastructure bill passes Senate

Cardano climbs 45% ahead of major upgrade

Ethereum competitor Cardano topped $2 last week as the developers scheduled a highly-anticipated upgrade.

Cardano project lead Nigel Hemsley announced a September 12 release date for the planned “Alonzo” upgrade. This would disarm critics by bringing long-awaited smart contract functionality to the network, potentially allowing Cardano to claim its own slice of the DeFi pie and capitalize on the NFT mania currently sweeping over the crypto market.

Elsewhere in the proof-of-stake ecosystem, rival network Polygon (formerly Matic Network) jumped 30% after acquiring Ethereum scaling solution Hermez Network.

U.S. infrastructure bill passes senate

While the battle may have been lost as U.S. senators failed to amend onerous tax reporting rules in the infrastructure bill, the market appears to be expecting that crypto will eventually win the war.

Prices continued to rise this week, despite the bill passing the Senate on Tuesday. Commentators suggest this could be because the event is being seen as a coming-of-age moment for the crypto industry, which is long-term bullish.

In his recap of the infrastructure bill, Compound lawyer Jake Chervinsky said that “ultimately we will look back on this as one of the most positive events, holistically speaking, that we’ve had so far in terms of the industry’s interactions with the government.”

Week ahead

As buyers push prices upwards, all-time highs are appearing on the short-term horizon for several of the top cryptoassets.

In the week ahead, Bitcoin faces resistance at $48K. How the leading cryptoasset reacts at this level could determine if the rally of recent weeks is just a temporary “dead cat bounce“, or continuation of the bull market.

According to data from Glassnode, Bitcoin is flowing out of exchanges at similar levels to the beginning of the year, suggesting traders could be accumulating funds in anticipation of another rally higher.

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You should seek advice from an independent and suitably licensed financial advisor and ensure that you have the risk appetite, relevant experience and knowledge before you decide to trade. Under no circumstances shall ADR Investors or eToro have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs or (b) any direct, indirect, special, consequential or incidental damages whatsoever. Trading with ADR Investors via eToro by following and/or copying or replicating the trades of other traders involves a high level of risk, even when following and/or copying or replicating the top-performing traders. Such risks includes the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Past performance of an eToro Community Member is not a reliable indicator of their future performance. Content on eToro’s social trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of eToro | Copyright © adrinvestors.com | an eToro partner.

Past performance is not an indication of future results.
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The cannabis industry could be worth $57B by 2027: Here’s how to invest

Over the past few years, the world has come to learn about cannabis and its medicinal qualities. The plant’s contribution to pain relief, cancer treatment and other medical issues has been researched and documented, and a booming industry has started to grow around it. The cannabis industry is growing rapidly, and according to recent predictions, it is expected to reach $57 billion worldwide by 2027¹.

Invest in Cannabis Stocks
Your Capital is at risk.

The status of medicinal marijuana has changed drastically over the last decade. Cannabis is gaining wider acceptance globally for its medicinal qualities, with increasing numbers of countries legalising its medicinal use. In addition, clinical research on medicinal marijuana is continuously increasing, some of it conducted by major pharmaceutical companies.

The medical cannabis industry

Cannabis is picking up substantial attention from investors. In 2019, the legal cannabis industry in the US was estimated at $13.6 billion with 340,000 relevant jobs in different fields, such as cultivation, production and distribution2. The popularity of cannabis seems to be on the rise, and so is the interest of investors in medical marijuana companies.

Not all cannabis companies deal with simply growing and selling the product; some develop cannabis-based pharmaceuticals, while others support startups in the field. Many cannabis companies are also stepping up their research, trying to establish the effects cannabis may have on different health issues. Below are some of the interesting names in the cannabis industry.

Amyris

Active in the wellness, beauty and clean health markets, Amyris (AMRS) is a synthetic biotechnology and renewable chemical company. Valued at $4.1 billion, Amyris is aiming to provide alternative and new ways to concentrate cannabinoids.

Invest in Amyris With 0% Commission
Your capital is at risk. Other fees apply. 

Aurora Cannabis Inc.

Based in Edmonton, Canada, Aurora Cannabis Inc. (ACB) is a licensed manufacturer of marijuana products, with a variety of medical and consumer brands. Boasting a market cap of $1.6 billion, the company implements technology across all its functions, from cultivation to customer care.

Invest in Aurora With 0% Commission
Your capital is at risk. Other fees apply. 

The Cronos Group

The Cronos Group (CRON) is another Canada-based global cannabinoid company focused on research, technology, production and distribution of cannabis-based health solutions.  Cronos ended the first quarter of 2021 with $1.2 billion in cash, and its market cap is valued at $2.8 billion.

Invest in Cronos With 0% Commission
Your capital is at risk. Other fees apply. 

Organigram

Organigram (OGI) is a company producing medical cannabis. The company operates locally in Canada, and exports its products internationally. In 2020, Organigram reported revenue of $69.6 million and an 8% year-over-year growth3.

Invest in Organigram With 0% Commission
Your capital is at risk. Other fees apply. 

Tilray

Founded in 2013, Tilray (TLRY) was the first licensed producer of medical marijuana to be certified in accordance with European Medicine Agency (EMA) standards. The $6.6 billion pharmaceutical and cannabis company operates globally in Australia, Canada, Europe and Latin America.

Invest in Tilray With 0% Commission
Your capital is at risk. Other fees apply. 

Investing in the cannabis industry

The cannabis industry has been attracting wider recognition in recent years,  with increasing interest coming from the health-care sector. With more research and new technology constantly being developed, investors are showing interest, and cannabis companies are leaving their mark on the market.

Invest in Cannabis Stocks

Zero commission means that no broker fee will be charged when opening or closing the position and does not apply to short or leveraged positions. Other fees apply. Your capital is at risk. For more information, visit etoro.com/trading/fees

This is a marketing communication and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any financial instruments. This material has been prepared without taking any particular recipient’s investment objectives or financial situation into account, and has not been prepared in accordance with the legal and regulatory requirements to promote independent research. Any references to past or future performance of a financial instrument, index or a packaged investment product are not, and should not be taken as, a reliable indicator of future results. eToro makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared utilising publicly available information.

Sources

  1. https://www.forbes.com/sites/thomaspellechia/2018/03/01/double-digit-billions-puts-north-america-in-the-worldwide-cannabis-market-lead/?sh=27f133f06510
  2. https://newfrontierdata.com/cannabis-insights/potential-cannabis-market-job-growth/
  3. https://news.yahoo.com/15-most-valuable-weed-companies-142643863.html
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You should seek advice from an independent and suitably licensed financial advisor and ensure that you have the risk appetite, relevant experience and knowledge before you decide to trade. Under no circumstances shall ADR Investors or eToro have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs or (b) any direct, indirect, special, consequential or incidental damages whatsoever. Trading with ADR Investors via eToro by following and/or copying or replicating the trades of other traders involves a high level of risk, even when following and/or copying or replicating the top-performing traders. Such risks includes the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Past performance of an eToro Community Member is not a reliable indicator of their future performance. Content on eToro’s social trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of eToro | Copyright © adrinvestors.com | an eToro partner.

Past performance is not an indication of future results.
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Why eToro is the original (and best) for copy trading

Investors and traders are always chasing down the best for their portfolios. The best stocks, the best strategies, the best ideas. This is why copy trading, where investors follow and replicate the most successful investors in real time, is so popular.

When it comes to copy trading, eToro is the only platform that offers a fully integrated solution: CopyTrader. As the original and biggest copy trading platform in the UK, our technology allows investors to follow popular investors in a way that fully supports their investing strategy.

CopyTrader is a product that may include CFDs.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This includes tracking portfolios comprised of a variety of financial instruments, such as stocks, crypto, indices, commodities and currencies. Wherever a top investor is making their next play, with eToro CopyTrader you can be there with them in real time as they do it. This not only gives you the opportunity to execute the same strategy and replicate it for your own portfolio, in the collaborative online trading community we have created, investors can see first-hand how more experienced investors build their portfolios. This can be an invaluable educational resource.

Unique copy trading 

Many platforms claim to offer copy trading and many flock to these platforms to open accounts thinking they will soon be gaining the inside track on the best operators in the market.

Unfortunately, in nearly all cases, this is not true.

This is because most platforms exaggerate which copy trading functionalities they can actually provide. In reality, often, they can either only allow copy trading on one particular financial instrument, or fail to provide a fully integrated social platform.

For instance, some popular platforms provide an online community where trading signals can be shared between investors. This sounds nice, but is a far cry from copy trading in its true form.

Copy trading is more complex than simply replicating what a successful investor does. It should instead be a fully implemented part of an investment strategy. For the best results, investors have to be truly engaged with the market’s top operators in real time so they can gain the optimum data to make their own decisions. 

Not all platforms make this possible. Like when choosing a stock to buy, investors should fully research their platform before embarking on copying any investors. This means looking beyond advertised claims and getting to grips with the reality under the bonnet.

There is risk with any investment strategy. Copy trading is no different, which is why investors still need to have a healthy level of scepticism when approaching this.

Award-winning platform

Copy trading can be a great way of introducing new ideas to a portfolio, by following the best investors as they navigate markets themselves. Attempting this strategy on a platform that does not fully support this is a non-starter.

Our award-winning CopyTrader solution is the most popular feature on the eToro platform for a reason. With this, we leverage our community of successful investors so others can learn and their portfolios can benefit. To learn more about how our investors use CopyTrader, at no extra management charge, click here.

Disclaimer: CopyTrader is a product that may include CFDs.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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You should seek advice from an independent and suitably licensed financial advisor and ensure that you have the risk appetite, relevant experience and knowledge before you decide to trade. Under no circumstances shall ADR Investors or eToro have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs or (b) any direct, indirect, special, consequential or incidental damages whatsoever. Trading with ADR Investors via eToro by following and/or copying or replicating the trades of other traders involves a high level of risk, even when following and/or copying or replicating the top-performing traders. Such risks includes the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Past performance of an eToro Community Member is not a reliable indicator of their future performance. Content on eToro’s social trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of eToro | Copyright © adrinvestors.com | an eToro partner.

Past performance is not an indication of future results.
General Risk Disclosure | Terms & Conditions

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