Economy on 15.11.2023...

Market still in the year-end rally? Do you have experience with short positions? ⤵️

Yesterday evening, we received the news that Mr. Burry had closed his short positions on the S&P500 and NASDAQ worth "$1.6 trillion" ( for the morning grouches here, I left the $1.6 trillion in English and quoted it from the CBNC image),has closed. He did this with "only" a 40% loss. Of course, you immediately read a lot of malice and insults on the net.

Personally, I think that selling positions at a loss is the most difficult thing to learn on the stock market. All you hear from many new investors is: "As soon as my position is back to 0, I'll sell it"! They don't dare to take the loss. They see this as failure. When playing poker (yes, I come from this scene, and I made a living from it for many years), I quickly learned that in the long run, you make the most money with "folds". You simply maneuver yourself into "stupid" hands too often and burn money. That adds up to a lot of money in the long run.

It's similar on the stock market. With sensible money management, you can get rid of losing positions in good time or keep a better eye on them and not let them run against you for no reason! It is therefore important to review your positions from time to time and, if necessary, accept losses. With M. Burry, of course, everyone is always happy to take a loss, as he is betting against us all.

Have you had any experience with short positions? Have you already bet on falling prices?

Please always be careful, especially if you do this with leverage certificates. Not all of us have the opportunity to go short directly on the share with our broker.

What actually happens there? You borrow the share and then sell it immediately. Now you hope that this share will continue to fall and then at some point you buy it back at a lower price and can then give it back. You then make a profit. But of course you still pay some fees for borrowing the shares. With many brokers, these are also covered again and again at the end of the trading day. So you can only go short intraday and the profit or loss at the end of the day is always there. So please take a close look and be careful. It is best to focus on the rising market. There are always plenty of opportunities there and it is easier for "beginners" to analyze.

The market currently looks very positive and seems to want to show its "good" side again at the end of the year. A lot of capital is flowing in again. Yesterday, some capital also flowed back into the stock market from the risky crypto market. But even in the crypto market, things still look good on a weekly basis. Above all $SOL
Solana has made considerable gains here. But also the $BTC
BTC and $ETH
ETH, have also performed very well. When the approvals for the crypto ETFs finally come, the party could start. The next BTC halving is also scheduled for 2024. It remains exciting!

Let's take a look at the entire trading day today. Above all, the figures from $ENR Siemens Energy. What will happen here now that the aid has been approved?

Economic data

08:00

• UK: Consumer prices October Consumer prices PROGNOSE: +0.1% yoy/+4.7% yoy previous: +0.5% yoy/+6.7% yoy Core consumer prices PROGNOSE: +0.4% yoy/+5.8% yoy previous: +0.5% yoy/+6.1% yoy

11:00

• EU: Trade Balance September | Industrial Production September Eurozone FORECAST: -0.8% yoy/-6.4% yoy previously: +0.6% yoy/-5.1% yoy

14:30

• US: Retail Sales October FORECAST: -0.2% yoy previous: +0.7% yoy Retail Sales ex Motor Vehicles FORECAST: 0.0% yoy previous: +0.6% yoy
• US: Empire State Manufacturing Index November FORECAST: -3.0 previous: -4.6
• US: Producer Prices October PROGNOSE: +0.1% yoy previous: +0.5% yoy Core rate (excluding food and energy) PROGNOSE: +0.3% yoy previous: +0.3% yoy

15:30

• US: Fed Governor Barr (FOMC voting member) testifies at House Financial Services Committee hearing

16:00

• US: Inventories September PROGNOSE: +0.4% yoy previous: +0.4% yoy
  

Quarterly figures / company dates USA / Asia

22:05 Cisco Systems quarterly figures

Quarterly figures / company dates Europe

07:00 Siemens Energy | Grand City Properties

07:30 Infineon | Alstom | Dermapharm | SFC Energy

08:00 Cherry | Leifheit Quarterly figures

08:30 Siemens Energy PK

11:00 Siemens Energy Analyst Conference

14:00 Renault Capital Markets Day

22:00 Morphosys quarterly figures

Without time information: Evotec Capital Markets Day | Vitesco Presentation of the takeover offer by Schaeffler

#quartalszahlen
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#kryptowährung
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#solana
#zinsen
#ezb
#dax
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#dividende
#michaelburry
#short
#nasdaq
#sandp500
#siemensenergy
#cisco

#Siemens

I am really glad to have invested in Siemens in 2020 and will continue to do so. A nice little report on how Siemens plans to keep growing.

what do you think of Siemens and have you also invested in #siemens 👍🏻 #siemensenergy 🚀#siemenshealthineers 🦍 invested?

P.s. I find the exchange with the getquin community really great 😉

Technology giant presents concept

Siemens announces billion-dollar investment - new high-tech factory planned

Technology giant Siemens on Thursday unveiled a multi-billion investment strategy. Among other things, the company hopes this will strengthen growth and innovation.

Siemens has announced billions in investments in factories and research in Asia, the U.S. and Europe:

• Siemens presents Investment Strategy - 2 billion euros
• Company is also one of the most important most important employers
• Technology giant builds new high-tech factory in Singapore
• Further investments in Europe and the USA are to follow

Siemens on Thursday (June 15, 2023) announced a investment strategy amounting to two billion euros. presented. The measure is intended to accelerate future growth and drive innovation. According to the company, resilience is also to increase in the future. The technology giant is one of the most important employers in Franconia - especially in Erlangen. This is also where ein jahrzehntealter Nürnberger Standort verlagert. The Siemens subsidiary Healthineers has also announced, eine neue Fabrik in Forchheim bauen zu wollen. For the gigantic project, the company plans to invest 80 million euros and create create new jobs new jobs. The investments now announced are distributed worldwide - Europe and Germany are also financial beneficiaries.

Siemens to invest billions in Asia, USA and Europe

As Siemens announced on Thursday, the company is scaling up its global investments in factories and other facilities. upwards. In the current year, investments totaling 2 billion euros will be announced, the company said Thursday (June 15, 2023). That would be twice as muchthan in the last two years combined, said Group CEO Roland Busch. However - as of Thursday - around 1.2 billionknown. The remaining 800 million 800 million is to flow into the U.S. and Europe, but Busch did not say exactly what it would be used for.

Siemens recently announced the construction of a new high-tech factory in Singapore with 400 jobs for 200 million. In addition, the plant in Chengdu, China, will be expanded for 140 million euros, also creating 400 new jobs. Both factories produce automation technology for machines and production plants.

Investments have already been known for some time, including in the Czech Republic, Amberg, Frankfurt and the USA.. In parallel with the €2 billion investments, Siemens plans to increase its spending on research and development. They are to be 500 million above the previous year, which will benefit in particular the areas of artificial intelligence and industrial metaverse, where Siemens is working with, among others, Nvidia and Microsoftcollaborations. Both figures include the majority stake in Siemens Healthineers. With the investments known so far, that adds up to 260 million, according to Busch.

New high-tech factory in Singapore with 400 jobs - how much will be invested in Germany?

The decision in favor of Singapore Busch justified the decision in favor of Singapore as the location for the new factory, among other things, with the fact that thanks to the free trade agreement all Asian markets could be markets could be supplied from there. The CEO denied reports that he had actually preferred China as the location and that Singapore had only been chosen under pressure from the Supervisory Board. He also denied calls from politicians for the economy to become more more independent of China China had nothing to do with it. In addition, the company is investing in China to meet the strong demand there. Overall, Siemens wants to diversify its production and make itself more independent.

Siemens is growing significantly faster than the marketBusch said. "That's why we're announcing today an investment strategy to drive future growth, drive innovation and also increase our own resilience." How much of the 2 billion euros will ultimately be invested in Germany will be invested, Busch did not say on Thursday. But when asked if the bulk of the jobs would be created outside Germany, he said no. Business at Siemens is currently humming.

In the fiscal year that began in October, the company has already raised its forecast twice. Meanwhile, in May, Siemens Healthineers opened its neues Aus- und Weiterbildungszentrum in Erlangen. With this project, the Siemens subsidiary aims to counteract the shortage of skilled workers, among other things.

@Kundendienst Added my latest purchases (savings plan) from Trade Republic via PDF today. At #siemensenergy it worked normally, at #shell the money and the share was entered, but the purchase is not listed in transactions.

Gibts there what exactly to or can be fixed?

Thanks already🙈🔥

The company Siemens
Gamesa is currently going through a difficult phase due to rising raw material prices and the subsequent supply chain problems, etc. The state is unfortunately not being supportive. Unfortunately, the state is not supportive and apparently wants to skim off the "excess profits". #windkraft
#energie
#energiekrise
#siemens
#siemensenergy