Hey guys!
Quick update from Europe—it's Thanksgiving, so Wall Street is completely closed today! 🚫🇺🇸 No US premarket action, but our markets here are open and trading cautiously after a strong close in Asia, driven by renewed Fed rate cut hopes.
$GOLD is still pushing hard, consolidating its impressive position above $4,100 an ounce, confirming that defensive assets are still very much in play. Oil is seeing a slight dip. $BTC (+0,8%) is relatively stable this morning, holding steady after a wild week of price swings.
I’ve been using this quieter time to focus on the roadmap for my new business venture, which has been consuming most of my attention.
📈 Major Callout: JPMorgan Bullish on S&P 500
Speaking of strategy, JPMorgan analysts just dropped a huge prediction: they believe the $SPX500 could hit 8,000 points by 2026! That’s a massive call from current levels and definitely something to factor into long-term planning.
🎯 Strategy Update: Recalibration Coming
I’m thrilled with the current strategy, but I’m already looking ahead. I plan to consolidate a few positions in December to perform a full portfolio recalibration for Q1. Specifically, I'm looking to add an allocation to Europe and potentially Asia to capture some broader global growth and diversify away from the US.
Despite those future adjustments, the current strategy delivered awesome results. Looking back at the numbers:
Year-to-Date (YTD): My eToro portfolio hit an incredible +46.98%, which is more than double the returns of both the $NSDQ100 (+19.44%) and $SPX500 (+16.38%) over the same period!
Last 6 Months: The portfolio was equally strong, delivering +23.49%, crushing the major indices and easily avoiding the deep loss we saw in $BTC. Only the stellar $GOLD run (+26.37% YTD) kept the top spot.
It proves that a selective, strategic approach can really pay off in volatile times.
What are your thoughts on that $SPX500 8,000 forecast? What are your views on adding Euro exposure right now?
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Invest with caution
