MDAX Forum

Good morning - here are some small news

• VW offers in the coming years thousands of jobs for people with chemical knowledge ( E-mobility ).

• Goldman Sachs analyst accuses ESG Invest of being partly to blame for the energy crisis. According to her, ESG invests too little / not at all in natural gas.

• There will probably be some changes in the DAX indices. Hello Fresh will be replaced by $ENR (+7.04%) replaced. Also in the $MDAXI is expected to change quite a bit.

Why I do not invest or invest as little as possible in Germany has again been very clearly shown in the headlines this week:

• Pension at 70
• The infection protection law of Karl Lauterbach is again only driven by panic, while all neighboring countries around us abolish all measures and declare the pandemic to be over
• The gas levy of up to 5ct/kWh is to be subject to an additional 19% value-added tax

These 3 headlines prove 3 things to me:

• No creativity: Instead of thinking about other measures, the only idea is to increase the retirement age. Looking at other countries and ideas is out of the question in Germany
• German Angst: We are constantly driven by fear and panic, while other countries are optimistic and declare the pandemic over, we continue to hang on to Corona and waste time and resources on more important things
• Gas levy + VAT: We are all experiencing massive price increases in the gas market right now, which we as consumers have to bear. Instead of trying to relieve households and the economy (e.g. through targeted tax cuts), the state continues to enrich itself through the now higher taxes on gas. On top of that, there is now also a tax on a solidarity-based levy, namely the gas levy.

-> Lack of creativity, constant panic and a state that enriches itself everywhere and can't get its neck full. These are all reasons why I do not consider the political and economic conditions in Germany to be sustainable.

I have a few German shares that I am convinced of (Sartorius, Encavis, Allianz), but I would not touch the absolute majority of German shares with a pinch of my hand. And since I started trading in 2013, I have done very well with this decision.

Regardless of the fact that my salary, my pension rights and possibly a house in the future are or will be dependent on Germany. This "overweighting" in Germany should not be further reinforced by one's investments.

$MDAXI
$SDAXI
$ECV (-0.82%)
$SRT3 (-1.97%)
$ALV (+0.72%)
$BAS (-0.55%)

𝐃𝐞𝐮𝐭𝐬𝐜𝐡𝐥𝐚𝐧𝐝 𝐟ä𝐥𝐥𝐭 𝐢𝐧 𝐬𝐞𝐢𝐧𝐞𝐫 𝐝𝐢𝐠𝐢𝐭𝐚𝐥𝐞𝐧 𝐖𝐞𝐭𝐭𝐛𝐞𝐰𝐞𝐫𝐛𝐬𝐟ä𝐡𝐢𝐠𝐤𝐞𝐢𝐭 𝐞𝐫𝐧𝐞𝐮𝐭 𝐳𝐮𝐫ü𝐜𝐤. A study by the European Center for Digital Competitiveness on the 𝐝𝐢𝐠𝐢𝐭𝐚𝐥𝐞 𝐖𝐞𝐭𝐭𝐛𝐞𝐰𝐞𝐫𝐛𝐬𝐟ä𝐡𝐢𝐠𝐤𝐞𝐢𝐭 gives Germany a poor report card. According to this study, the Federal Republic has landed in the international comparison for the second time in a row 𝐚𝐮𝐟 𝐝𝐞𝐦 𝐯𝐨𝐫𝐥𝐞𝐭𝐳𝐭𝐞𝐧 𝐏𝐥𝐚𝐭𝐳 𝐝𝐞𝐫 𝐬𝐢𝐞𝐛𝐞𝐧 𝐰𝐢𝐜𝐡𝐭𝐢𝐠𝐬𝐭𝐞𝐧 (𝐆𝟕)industrialized nations.

Countries such as Italy and France, on the other hand, have made up decent ground in the rankings. Compared with the G20 countries (the 20 most important industrialized and emerging countries), we are also far behind in third last place.

In Handelsballt, Philip Meissner, lead author of the study and professor at ESCP Business School in Berlin, complains that "there's a lot of talk about digitization in Germany, but relatively little is happening." The reality in the election campaign looks even worse: In the first TV three-way fight between the candidates for chancellor, the opponents and moderators simply dropped the topic of digitization under the table.

We looked into it and it measures up on the following parameters:

'Ö𝐤𝐨𝐬𝐲𝐬𝐭𝐞𝐦

' Availability of venture capital

' Cost of starting a business

' Time to start a business

' Ease of hiring foreign labor

' Qualifications of graduates

𝐌𝐞𝐧𝐭𝐚𝐥𝐢𝐭ä𝐭

' Digital skills of the labor force

' Attitudes toward entrepreneurial risk

' Diversity of the workforce

' Mobile broadband subscriptions

' Companies embracing breakthrough ideas.

When we look at broadband rollout in Germany, we really wonder how heavy-handed we are in tackling the issue of digitization. What's your take on the issue?

Kind regards Magnus & Sören @ rainbow_stocks 🌈📈

𝐌𝐚𝐫𝐤𝐞𝐭𝐬:

The $GDAXI continues to be friendly on Tuesday. The $MDAXI was even able to record a 𝐧𝐞𝐮𝐞𝐬 𝐑𝐞𝐤𝐨𝐫𝐝𝐡𝐨𝐜𝐡 at 36,181 points. Also the $SP500TR is picking up speed again and also marked a new all-time high. Thus, the index could even 𝐯𝐞𝐫𝐝𝐨𝐩𝐩𝐞𝐥𝐧 since the low of the Corona crash on 23.03.20 and 16.08.21.

𝐉𝐚𝐜𝐤𝐬𝐨𝐧 𝐇𝐨𝐥𝐞:

Also important for the markets is the upcoming 𝐔𝐒-𝐍𝐨𝐭𝐞𝐧𝐛𝐚𝐧𝐤𝐤𝐨𝐧𝐟𝐞𝐫𝐞𝐧𝐳. There, Jerome Powell will address a the further course of bond purchases on Friday.

𝐓𝐞𝐬𝐥𝐚:

The electric car manufacturer enters the German market with 𝐓𝐞𝐬𝐥𝐚 𝐄𝐧𝐞𝐫𝐠𝐲 ( $TL0 (+1.2%) ) into the German 𝐒𝐭𝐫𝐨𝐦𝐠𝐞𝐬𝐜𝐡ä𝐟𝐭. At the moment, the offer is limited to Bavaria and Baden-Württemberg, but is to be expanded nationwide from 2022.

So far, only customers with a solar roof and Powerwall have a way to book the electricity. Tesla Energy is already active in Australia, Great Britain and the USA.

𝐊𝐫𝐚𝐤𝐞𝐧:

The crypto exchange wants to 𝐄𝐮𝐫𝐨𝐩𝐚 𝐞𝐱𝐩𝐚𝐧𝐝𝐢𝐞𝐫𝐞𝐧. Currently, the company is still working on a license, but is expected to enter the market by 𝐄𝐧𝐝𝐞 𝐝𝐢𝐞𝐬𝐞𝐬 𝐉𝐚𝐡𝐫𝐞𝐬. Kraken handles a transaction volume of $1.3 billion within 24h, making it the fifth largest crypto exchange in the world by transaction volume.

𝗗𝗿𝗼𝗵𝘁 𝗻𝘂𝗻 𝗲𝗶𝗻𝗲 𝗴𝗿öß𝗲𝗿𝗲 𝗞𝗼𝗿𝗿𝗲𝗸𝘁𝘂𝗿 📉❓❓❓

𝗨𝗽𝗱𝗮𝘁𝗲 / 𝗔𝘂𝘀𝗯𝗹𝗶𝗰𝗸 𝘇𝘂𝗿 𝗟𝗮𝗴𝗲 𝗮𝗻 𝗱𝗲𝗻 𝗙𝗶𝗻𝗮𝗻𝘇𝗺ä𝗿𝗸𝘁𝗲𝗻:

With today's partly very 𝗱𝗲𝘂𝘁𝗹𝗶𝗰𝗵𝗲𝗻 𝗔𝗯𝘀𝗰𝗵𝗹ä𝗴𝗲𝗻 on the markets in 𝗘𝘂𝗿𝗼𝗽𝗮 and the 𝗨𝗦𝗔, the starting signal for a 𝗞𝗼𝗿𝗿𝗲𝗸𝘁𝘂𝗿 𝘃𝗼𝗻 𝗴𝗿öß𝗲𝗿𝗲𝗺 𝗨𝗺𝗳𝗮𝗻𝗴 may now have been given.

We would now like to briefly share 𝗱𝗶𝗲 𝗳ü𝗿 𝘂𝗻𝘀 𝘄𝗶𝗰𝗵𝘁𝗶𝗴𝘀𝘁𝗲𝗻 𝗣𝘂𝗻𝗸𝘁𝗲 with you:

𝗪𝗮𝗿𝘂𝗺 𝗵𝗮𝘁 𝘀𝗶𝗰𝗵 𝗱𝗶𝗲 𝗦𝘁𝗶𝗺𝗺𝘂𝗻𝗴 𝘇𝘂𝗹𝗲𝘁𝘇𝘁 𝘀𝗽ü𝗿𝗯𝗮𝗿 𝗲𝗶𝗻𝗴𝗲𝘁𝗿ü𝗯𝘁?

Firstly, the 𝘀𝘁ä𝗿𝗸𝗲𝗿 𝘄𝗲𝗿𝗱𝗲𝗻𝗱𝗲 𝗜𝗻𝗳𝗲𝗸𝘁𝗶𝗼𝗻𝘀𝗴𝗲𝘀𝗰𝗵𝗲𝗵𝗲𝗻 that has already been in place in Asia for several weeks should be mentioned here. Triggered by the 𝗗𝗲𝗹𝘁𝗮-𝗩𝗮𝗿𝗶𝗮𝗻𝘁𝗲 now already dominating almost everywhere, case numbers are now also rising again significantly in Europe and the USA.

On the other hand, with the latest data on 𝗜𝗻𝗳𝗹𝗮𝘁𝗶𝗼𝗻 𝗶𝗻 𝗘𝘂𝗿𝗼𝗽𝗮 𝘂𝗻𝗱 𝗱𝗲𝗻 𝗨𝗦𝗔 there is now also concern, that there could be a change in thinking with regard to the ultra-loose monetary and interest rate policy of the central banks. Investors always react nervously to statements by central bankers in this regard, also with regard to the outlook for the 𝗭𝗶𝗻𝘀𝗲𝗿𝗵ö𝗵𝘂𝗻𝗴𝗲𝗻 planned for next year.

𝗪𝗮𝘀 𝗸ö𝗻𝗻𝘁𝗲 𝗲𝗶𝗻𝗲𝗻 𝗽𝗼𝘀𝗶𝘁𝗶𝘃𝗲𝗻 𝗘𝗶𝗻𝗳𝗹𝘂𝘀𝘀 𝗮𝘂𝗳 𝗱𝗶𝗲 𝗠ä𝗿𝗸𝘁𝗲 𝗵𝗮𝗯𝗲𝗻?

Here, the 𝗕𝗲𝗿𝗶𝗰𝗵𝘁𝘀𝘀𝗮𝗶𝘀𝗼𝗻 already started in the 𝗨𝗦𝗔 the previous week with the fresh 𝗤𝟮 𝗭𝗮𝗵𝗹𝗲𝗻 𝗱𝗲𝗿 𝗨𝗻𝘁𝗲𝗿𝗻𝗲𝗵𝗺𝗲𝗻 should be mentioned in particular. In addition to the result itself, it will depend here in particular on which 𝗔𝘂𝘀𝗯𝗹𝗶𝗰𝗸 the companies will announce for the full year. It will probably depend on whether the 𝗘𝗿𝘄𝗮𝗿𝘁𝘂𝗻𝗴𝗲𝗻 𝗱𝗲𝗿 𝗔𝗻𝗹𝗲𝗴𝗲𝗿 can be exceeded here by the majority or "only" fulfilled.

𝗪𝗼𝗱𝘂𝗿𝗰𝗵 𝗹ä𝘀𝘀𝘁 𝘀𝗶𝗰𝗵 𝗲𝗶𝗻𝗲 𝗺ö𝗴𝗹𝗶𝗰𝗵𝗲𝗿𝘄𝗲𝗶𝘀𝗲 𝗯𝗲𝘃𝗼𝗿𝘀𝘁𝗲𝗵𝗲𝗻𝗱𝗲 𝗴𝗿öß𝗲𝗿𝗲 𝗞𝗼𝗿𝗿𝗲𝗸𝘁𝘂𝗿 𝗮𝗯𝗹𝗲𝗶𝘁𝗲𝗻?

First, by the very strong 𝗔𝗻𝘀𝘁𝗶𝗲𝗴 𝗱𝗲𝗿 𝗩𝗼𝗹𝗮𝘁𝗶𝗹𝗶𝘁ä𝘁 today in both the VDAX-New and the VIX in the US. On the other hand also by the 𝗜𝗻𝗱𝗶𝗸𝗮𝘁𝗼𝗿𝗲𝗻 𝘄𝗶𝗲 𝗱𝗲𝗿 𝗥𝗦𝗜 𝗼𝗱𝗲𝗿 𝗮𝘂𝗰𝗵 𝗥𝗦𝗟 the 𝘇𝘂𝗹𝗲𝘁𝘇𝘁 𝗻𝗲𝘂 𝗺𝗮𝗿𝗸𝗶𝗲𝗿𝘁𝗲𝗻 𝗛𝗼𝗰𝗵𝘀 in the DAX and Dow Jones 𝗻𝗶𝗰𝗵𝘁 𝗺𝗲𝗵𝗿 𝗯𝗲𝘀𝘁ä𝘁𝗶𝗴𝗲𝗻 𝗸𝗼𝗻𝗻𝘁𝗲𝗻. With today's 𝗥ü𝗰𝗸𝗳𝗮𝗹𝗹 𝘂𝗻𝘁𝗲𝗿 𝗵𝗼𝗵𝗲𝗺 𝗨𝗺𝘀𝗮𝘁𝘇, moreover, a 𝗧𝗼𝗽-𝗕𝗶𝗹𝗱𝘂𝗻𝗴 now threatens to complete itself in several indices at once.

As an example of this, we have attached a 𝘼𝙣𝙖𝙡𝙮𝙨𝙚 𝙙𝙚𝙨 𝘿𝙤𝙬 𝙅𝙤𝙣𝙚𝙨 𝙄𝙣𝙙𝙪𝙨𝙩𝙧𝙞𝙖𝙡 𝘼𝙫𝙚𝙧𝙖𝙜𝙚 (see photo).

𝙁𝙤𝙡𝙜𝙚𝙣𝙙𝙚 𝙬𝙞𝙘𝙝𝙩𝙞𝙜𝙚 𝙁𝙧𝙖𝙜𝙚𝙣 𝙨𝙤𝙡𝙡𝙩𝙚 𝙢𝙖𝙣 𝙣𝙪𝙣 𝙛ü𝙧 𝙨𝙞𝙘𝙝 𝙗𝙚𝙖𝙣𝙩𝙬𝙤𝙧𝙩𝙚𝙣, 𝙪𝙢 𝙗𝙚𝙨𝙨𝙚𝙧 𝙫𝙤𝙧𝙗𝙚𝙧𝙚𝙞𝙩𝙚𝙩 𝙯𝙪 𝙨𝙚𝙞𝙣:

-> Are there perhaps positions where I should now realize the gains of the last few months❔.

-> Are there any opportunities to invest countercyclically in stocks where I have been waiting for a long time for an opportunity to enter?

-> Are there already existing positions where I would like to take advantage of a possible correction to buy up❔?

-> And is the sidelines perhaps the better place for me at the moment, before I let my emotion guide my decisions too much❔

As always, we wish you well in your decisions and 𝗳𝗿𝗲𝘂𝗲𝗻 𝘂𝗻𝘀 𝗮𝘂𝗳 𝗘𝘂𝗿𝗲 𝗠𝗲𝗶𝗻𝘂𝗻𝗴 on the current topic.

We wish you a relaxing end of the day! Magnus & Sören 🌈📈