eToro Weekly Performance Report

Fireworks in the Currency Markets

The Weekly Performance Report is a short article analyzing the gains/losses of the most popular investors in the world’s largest social investment network.

Every investor loves a clear opportunity. Consistent profits are as sweet as a cloudless sky in July. But once in a while it’s really nice to look up and see something spectacular. This is the Weekly Performance Report for June 9, 2014.

Market Moves & Expectations

The European Central Bank (ECB) caused some major fireworks last Thursday. In simple terms, they announced that banks will start to pay interest on their deposits in the ECB, meaning that they cannot hold their money in the ECB for free anymore. The idea is that the bank will now have an incentive to lend that money to the public, rather than paying to hold it in the ECB.

They also announced several other measures to try and weaken the Euro, the effects of which only time will tell. At the moment, eToro investors are reducing their exposure by getting out of both buy and sell positions on the $EURUSD. The average stop loss of the sellers is at 1.3955 and buyers have their stop losses at an average of 1.3399.

The Stock Indices continued their rise towards the moon. However, the sentiment is overwhelmingly negative. Here we can see the different Indices, their gain % over the past month, and the sentiment of eToro investors.

As we can see most of the Indices have gained nicely in the past month. This is mainly due to cheap money policies from the US and others. However, the sentiment seems to be indicating that some fireworks may be expected to show up here as well.

Weekly Performance

This week we have some great results. Especially from the Currency traders, which is good because currently about 35% of all holdings at eToro are in currencies.

Here is the chart showing the top 5 investors from each sector, for a full explanation of how the chart is built, click here.

If you would like to delve further into the data behind this chart it can be found here: Weekly Performance Data – June 9th 2014

I’ve started adding little notes next to some of the investors if they had special achievements. For example, I found it interesting that @kdv-Diman has a yearly gain that is 15% higher than it was last week, even though he lost 2% last week. This means, that he must have suffered a large loss exactly 1 year ago.

Featured Investors

Little is known about Pablo Sanchez Lozano from Spain. Except for his stats. We know that he’s a long term stock investor who recently closed a bunch of Apple shares in profit and is now leaning into social media stocks like FB, TWTR, and AMZN. There is no information in his bio and he doesn’t seem to be answering questions on his wall, which is a bit strange for a man with the word Sensei (Teacher in Japanese) in his username. But he’s gained 132% on his equity in the past 6 months and that’s enough to earn him 107 copiers. Check him out @pablosensei

The next investor is much more active in ourtrading community, answering questions and talking about the markets. Muhammad Ali from the United Kingdom, better known as @arbtrader100, has recently become the 5th most copied Currency trader in our network. This is an especially impressive feat, as the competition in the currency markets is fierce. Feel free to drop by his wall to say hello or to discuss market opportunities.