At Block in the daily chart, there is a double setup for long. A Black Swan and a bullish Wolfe Wave. Targets are marked in the chart as always. #block
#square
#aktien
#trading
![](https://static.getquin.com/thumbnails/SQ_2022-07-10_08-58-28_3d896_1280x960_1670856668_thumbnail.jpeg)
Economy on 24.03.2023...
Off we go towards the weekend!⤵️
This has been another very eventful week. There were further problems with the banks, the FED interest rate report has been published and there was a new shortseller report about Block (ex Square), which says that a large part of the users should be wrong and the stock is actually worth much less. Block wants to take legal action on this and currently denies these allegations. I suspect that Paypal was also pulled down a bit yesterday because of this. This discount seems to me currently but to be completely unfounded. But is often because the values, which operate similar or the same business, are pulled with, no matter in what direction.
The quarterly season we have now slowly through but it is not so long until the next starts and we can look into the books of the first quarter of 2023. As we all know, the stock market mainly trades the future. In this currently very boring market, people are not only looking for ten-baggers, but generally for companies that can be bought cheaply now and have a lot of potential for the future. It is not so important which figures they currently deliver, but much more important in which promising market they are active, which growth they are aiming for and which opportunities exist there. You could see this again very well at Nvidia. Nvidia's keynote was primarily used to illustrate their visions for the future. The chip sector in particular is encroaching everywhere. Digitalization and so on, needs chips and as we have seen in the current situation, a shortage can quickly arise here. Especially in the medical sector, you can find one or the other exciting future version.
I will do this on Sunday times a contribution and hope that some times your ideas there with share and perhaps also a company to call. So we can use this boring time at the stock exchange also times meaningfully.
I will currently continue to stand on the sidelines and look at the market in the next week only once further. Next purchases are then planned only in April.
Today, we still expect many numbers:
Economic data
00:30
08:00
09:15
09:30
10:00
10:30
13:30
14:45
15:00
Without time data:
Quarterly Figures / Corporate Dates Europe
08:00 Secunet annual results
15:00 Bayer: Bayer Pharma Media Day
No time stated: Compugroup Medical | Deutsche Wohnen | Freenet Annual Results | Indus Holding Capital Markets Day
#quartalszahlen
#boerse
#börse
#aktien
#news
#newsroom
#community
#communityfeedback
#nachrichten
#täglich
#investieren
#wirtschaft
#politik
#inflation
#fed
#rezession
#mitverstandzumkapital
#fed
#krypto
#kryptowährung
#bitcoin
#ethereum
#solana
#zinsen
#ezb
#rheinmetall
#vonovia
#varta
#hexensabbat
#dax
#creditsuisses
#firstrepublicbank
#jpmorgan
#ezb
#banken
#schweiz
#ubs
#nvidia
#block
#square