Here’s What Happened So Far In 2018
Wall Street became extremely volatile
The incredible bull run of 2017 carried into 2018, but was later disrupted by concern of rising interest rates. Markets went into a slump, and then recovered, as the debate regarding inflation in the US and the possibility of another rate hike by the Fed continues.
Lightning struck the crypto market
The Lightning network, which is meant to improve Bitcoin and Litecoin’s underlying blockchain technology, reached 1,000 transactions in February. Litecoin went on an impressive bull run, also supported by the launch of LitePay, an online Litecoin-based payment service, and the Litecoin hard fork, which created Litecoin Cash.
Upcoming Events in March
March 5th, 2018
eToro CEO Yoni Assia will be speaking alongside Jed McCaleb, founder of Ripple Labs and Stellar, at the Tel Aviv Blockchain Week’s opening event. Be sure to follow our social channels, as we might broadcast the event live.
March 7th, 2018
Adding to our ever-growing selection of innovative investment products, we will be launching two new machine learning CopyFunds this month. Both CopyFunds use sophisticated algorithms to create managed investment portfolios.
March 21st, 2018
Minutes released from previous Federal Open Market Committee meetings suggest that another rate hike could happen this year. Considering how volatile the US economy has been to start 2018, this decision could have a tremendous impact on Wall Street.
New CopyFunds to be Launched in March
OutSmartNSDQ: Machine learning to beat the benchmark
eToro’s first Smart Beta CopyFund. OutSmartNSDQ combines the wisdom of the crowd with advanced machine learning technology to locate Nasdaq experts and extract the 15 stocks they all have a positive sentiment towards. The result is a managed portfolio, designed to outperform the NSDQ100 index.
AITrader50: Predicting market winners
This CopyFund employs Microsoft’s advanced machine learning technology and social trading algorithms developed by eToro’s data scientists and math PhD specialists. Utilizing advanced artificial intelligence, the algorithm locates the 50 traders most likely to generate a positive return over the coming quarter.
Popular Investors to Follow in March
Sebastian from German is a recent addition to the Popular Investor Program. He managed to perform consistently over the past year, while maintaining a low risk, offering his copiers exposure to both ETFs and a diverse range of stocks.
Nick from the UK has put together a diversified stock portfolio that has performed resiliently during market downturns. He is up 23% over the past 12 months.