Oil holds near 12-week high, with energy stocks soaring

The price of oil held at over $43 a barrel in overnight trading on Sunday and into this morning’s European open, its highest level since early September. That follows the third straight week of gains for oil prices, as progress towards a widely available Covid-19 vaccine has raised hopes of an improvement in energy demand.Continue reading “Oil holds near 12-week high, with energy stocks soaring”

US Treasury and Federal Reserve clash over pandemic response

European markets have opened marginally more positive this morning, but today’s upcoming session has been clouded as officials in Washington clash over the pandemic response. Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell found themselves in disagreement over several emergency lending programs that were started to support businesses during the Covid-19 pandemic. MnuchinContinue reading “US Treasury and Federal Reserve clash over pandemic response”

eToro’s top 5 stock picks for Q4 2020

It’s hard to believe we are already in the final stretch of what will go down in history as one of the most eventful years in the stock market. Q3 brought us more stimulus driven euphoria as rampant tech markets saw the Nasdaq make several more record highs. The S&P managed to follow suit leavingContinue reading “eToro’s top 5 stock picks for Q4 2020”

Stocks swing to loss as Covid-19 surge hits optimism

European shares have followed Wall Street into the red this morning as a worrying rise in Covid cases sees jittery investors sell off stocks. Hot off the heels of the positive news that Pfizer’s vaccine was up to 95% efficacy, the US death count hitting the milestone 250,000 mark caused markets to slide. This showsContinue reading “Stocks swing to loss as Covid-19 surge hits optimism”

Get to know an Elite Popular Investor: Wesley Nolte

He’s already a Chief Technology Officer of an up-and-coming startup, but that doesn’t stop Wesley Nolte from being a self-taught eToro Popular Investor with plans to beat the S&P 500 by at least 20% year-on-year. If you want to understand how check out his interview.  67% of retail investor accounts lose money when trading CFDsContinue reading “Get to know an Elite Popular Investor: Wesley Nolte”

Bitcoin breaks through $18,000 closing in on all-time high

Bitcoin hit $18,488 during early hours trading this morning before pulling back slightly. The cryptoasset is now trading around $17,800 at the time of writing. It last reached such lofty levels in December 2017. Bitcoin’s market cap has also hit an all-time high of over $330 billion – higher than the previous record of $329.3Continue reading “Bitcoin breaks through $18,000 closing in on all-time high”

Second effective vaccine fuels rally, Tesla joins S&P

Dominating headlines yesterday was the news that Moderna’s Covid-19 vaccine has proven 94.5% effective in a late-stage trial, a week after Pfizer reported similar results in its own trial. More data is expected from the study later this month, and Moderna said that it plans to ask health authorities to clear the vaccine by earlyContinue reading “Second effective vaccine fuels rally, Tesla joins S&P”

Meet the Popular Investors that beat the markets in Q3, 2020

After a fast recovery in the capital markets, which started in Q2, the S&P 500 reached a positive yearly return in Q3. The end of Q3 was more volatile as the S&P 500 decreased by 3.9% in September. Despite this, many of eToro’s Popular Investors remained profitable even in September, demonstrating that they know howContinue reading “Meet the Popular Investors that beat the markets in Q3, 2020”

Meet Belgian Popular Investor Catalina Norena who knows how to take advantage of market volatility

Catalina Norena (@VIXGold) from Belgium is an eToro Popular Investor who likes to take advantage of extremely volatile markets by investing in ETF’s that are likely to show a profit when markets are down. Therefore, as her username suggests, she invests in ETF’s that track the VIX index or gold prices. She took the timeContinue reading “Meet Belgian Popular Investor Catalina Norena who knows how to take advantage of market volatility”

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