Quarterly Outlook
Q3 Investor Outlook: Beyond American shores – why diversification is your strongest ally
Jacob Falkencrone
Global Head of Investment Strategy
Neil Wilson
Investor Content Strategist
Summary: In this series you will gain the exclusive insight of what Saxo clients are buying and selling week on week. This is not financial advice, Capital at Risk.
Saxo clients were busy last week – here's a look at some of the most bought and sold shares on the platform in a week that saw fresh record highs.
BitMine Immersion Technologies was the top pick last week as clients snapped up shares of the Bitcoin mining company, which has been one of the most volatile names in recent weeks.
Shares leapt from just over $4 earlier this month to a peak of $135 before sharply retreating to trade around $42 as of last Friday,as President Donald Trump signed the GENIUS Act stablecoin legislation into law – the first major piece of crypto legislation in the US.
MP Materials was also popular with investors after the US government struck a deal to invest directly in America’s only rare earths miner.
Netflix jumped out after the company reported better-than-expected earnings and raised its full year guidance following another strong quarter for the streaming giant.
Clients were also active in Pheton Holdings – a niche China healthcare stock – as shares shoot higher on hopes for its cancer technology.
The usual cohort of Nvidia, Tesla and Palantir remained some of our most actively traded names, whilst Coinbase and Alphabet were also noteworthy names bought by clients.
On the other side of the spread, we saw clients trim their exposure to Amazon, Apple, AMD and BP.
Check the previous week's most bought and sold shares.