Economy on 28.08.2023...
Sell in May ... come back on September ? ⤵️
What an August. An up and down. The market had a long time to digest the FED announcement. On the first of August, the portfolio stood with me still on the high and then it went down now almost a month. Was of course to a certain extent, with me again on de cryptos. Otherwise, Big Tech and Big Data held something against it. The numbers from the sector, were not too bad. The biggest surprise for me was of course $NVDA
Nvidia! Disney was for me one of the higher disappointments and the rest, was yes rather as expected good or as expected bad! How does it look now in September?...
Everyone knows this saying:
Sell in may and go away but remember and come back in september.
If one looks at it now really times, then one is in the S&P500, DAX and DOWJ, not so far away from the value in May. So what would have been gained? In the NASDAQ you would have even lost something (well there are still a few days), if you would buy back everything now. In my portfolio it would have been a +-0 story. Rather slightly with minus. How does that look with you? Would you have won or lost with it?
The weekend was great, I was able to continue building my driveway in my private life and Germany beat Australia in the basketball world championship. That was a great game. Hey, and as of today our kids finally have to go back to school. Finally back to normality, so it's about time that it comes to the stock market again, gladly also in the cryptos and the FUD stops there :)
This week still the numbers of $CRM
Salesforce. There I am curious. A company what I have long-term in the depot and is currently well in the minus. But I will not buy before the numbers. I am especially curious about the rest of the annual forecast. Let's first look at Monday, which of course, as always, starts a little quieter:
Stock Exchange Holiday Great Britain
Economic data
07:00
- JP: Leading indicators June (final)
07:30
- DE: Ifo Export Expectations August
10:00
- EU: ECB, Money Supply M3 and Lending July Money Supply M3 PROGNOSIS: 0.0% yoy previously: +0.6% yoy
12:30
- DE: SPD Parliamentary Group Chairman Mützenich, opening statement at closed meeting of SPD Parliamentary Group, Wiesbaden
15:30
- DE: Railway and Transport Union (EVG), PK on result of ballot on arbitrator's decision in collective bargaining dispute with Deutsche Bahn
16:30
- US: Dallas Fed Manufacturing August
No time stated
- CN: US Secretary of Commerce Raimondo for talks in China (until 30.8)
Quarterly figures / corporate dates Europe
07:00 Thyssenkrupp Nucera quarterly figures
09:30 Thyssenkrupp Nucera Online-PK
#quartalszahlen
#boerse
#börse
#aktien
#news
#newsroom
#community
#communityfeedback
#nachrichten
#täglich
#investieren
#wirtschaft
#politik
#inflation
#fed
#rezession
#mitverstandzumkapital
#krypto
#kryptowährung
#bitcoin
#ethereum
#solana
#zinsen
#ezb
#dax
#inflation
#dividende
#nvidia
#thyssenkrupp
