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$000660
$018260
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$KDP (-0.02%)
$AAL (-2.25%)
$LMT (-0.98%)
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$BX (+0.71%)
$FCX (-2.41%)
$SAP (-0.54%)
$INTC (+1.38%)
$NEM (-3.93%)
$FIX (+0.42%)

I hope you all have a relaxing Friday and a good start to the weekend.

It's so green when profits go through the roof (or something like that).

Yesterday fortunately with around 10% in $SAP (-0.54%) in. Let's see how long that lasts.

Dip of the $DTE (-1.77%) also caught well yesterday at €28.11.

My former 25% thick-egg$ (+2.49%)MSFT (+2.49%) position is up around +10% in the portfolio after one week.

P.S.: Wild, almost 22 years ago and more relevant than ever.

Are we now perhaps finally starting to see a bottom or the chance of a bottom at $SAP (-0.54%) ?

How do you see it and when do you invest?

As every Sunday, the most important news from the past week, as well as the most important dates for the coming week.

Also as a video:

https://youtube.com/shorts/pWXcERhrDDA?is=2Z6j9hKxP-Fi7zaq

Wednesday:

At least before the outbreak of the Iran war, producer prices in the eurozone fell by 0.7%. However, this was mainly due to falling energy costs at the time. The high oil prices are also likely to drive up energy costs.

https://www.n-tv.de/ticker/Erzeugerpreise-in-der-Industrie-im-Euroraum-sanken-vor-Ausbruch-des-Nahost-Krieges-id30692125.html

Thursday:

GDP figures for Q4 2025 had to be revised to 0.5% growth (annualized) in the US. At 1.9%, consumer spending also grew less quickly than previously estimated.

https://timesofindia.indiatimes.com/business/international-business/us-economy-grows-0-5-in-q4-shutdown-weak-consumption-weigh-on-pace/amp_articleshow/130149327.cms

Friday:

Inflation in the USA rises significantly to 3.3%. Experts had only expected inflation of 3.2%. A 12.5% jump in energy prices in particular is driving up the inflation rate.

https://www.handelsblatt.com/finanzen/geldpolitik/us-inflation-teuerungsrate-in-den-usa-steigt-auf-33-prozent/100214818.html

New AI concerns cause the $SAP (-0.54%) SAP share to fall further. SAP is now only the second largest $SIE (-1.09%) second largest stock by market capitalization in the DAX after Siemens.

https://finanzmarktwelt.de/warum-die-sap-aktie-so-dramatisch-abschmiert-385587/?amp#

The most important dates in the coming week:

Tuesday: 14:00 Producer prices (USA)

Wednesday: 20:00 Fed's Beige Book (USA)

Thursday: 11:00 Inflation data (EUR)

#erzeugerpreise
#usa
#beigebook
#inflation
#eu

Can you think of any other dates?

Since my $SAP (-0.54%) - Distaster, I have always been concerned with the question of how to deal with solid shares that have done well and how to secure profits if you actually believe in the company and therefore do not sell and pursue a buy and hold strategy.

I was at +120% with SAP and then didn't sell at 280 because it was doing so well. After the setback to €240, I thought, I won't sell now either, it will go up again. And now we are at 140 euros :-(

What do you do with stocks that have done well and that you actually believe in and want to keep? For example, I have $ALV (+1.04%) + 90% and I don't want to sell it because it's a solid share. But who knows, maybe something unforeseen will happen and then the profit will be gone. For example $NOVO B (-2.33%) many people probably missed the exit and are now at 25% of the peak price.

Do you have any ideas? I don't have the time to check and evaluate every report on every share every day, or I would certainly make the wrong decision. Simply selling via S/L can of course also mean selling in the event of a short-term fall, which may even be made up for intraday. And of course the question of where to set the S/L?

Thank you very much for your help!

$SAP (-0.54%)

Part of the liquidity released was used to buy SAP shares (EUR 141; DE0007164600), which had fallen below my buy limit at the Xetra opening on Thursday following negative analyst comments.

The additional purchase at 141 euros reduced my average purchase price to 146 euros.

Germany's once most valuable DAX company is accelerating its price slide. The share price has almost halved since its record high: CEO Christian Klein warns of "short-term pain".

After a brief interim recovery on the previous day, SAP shares were again at the bottom of the DAX on Thursday. They lost 3.7 percent in the morning. They are also the weakest stock in the current year overall, with losses of almost 31 percent. Walldorf's downturn had already begun well before the outbreak of the Iran war at the end of February. Since their record of a good 283 euros in February 2025, they have roughly halved in value.

The software sector is particularly suffering from investor concerns about being displaced by the use of artificial intelligence (AI). JPMorgan analyst Toby Ogg sees the statements made by Group CEO Christian Klein in the "Financial Times" as further evidence of the changes to SAP's business model. Klein has set investors up for "short-term pain".

Although AI will not replace business software, it will force companies to do much more. Klein drew a comparison between the current change brought about by AI and the migration to the cloud six years ago, said Ogg. Back then, too, companies initially had to accept lower margins.

15 increases

13 unchanged

7 reductions

Insurance companies

Banks

Utilities

Car stocks

Type here if you like collecting dividends: https://shorturl.at/83W8R

$MBG (-1.53%)
$ALV (+1.04%)
$VOW3 (-0.88%)
$MUV2 (-0.18%)
$BMW (-0.24%)
$AIR (-4.14%)
$CBK (-1.9%)
$523232
$DTG (-0.7%)
$DHL (-1.34%)
$FME (+0.17%)
$FRE (-2.06%)
$HNR1 (+0.07%)
$MTX (-6.07%)
$RHM (-2.7%)
$SAP (-0.54%)
$ENR (-1.56%)
$BAS (+0.68%)
$BAYN (-3.57%)
$BEI (-3.59%)
$DBK (-1.3%)
$DTE (-1.77%)
$EOAN (+0.05%)
$GEA
$IFX (-0.54%)
$RWE (+1.15%)
$SY1 (-1.28%)
$ZAL (-1.58%)
$ADS (-0.16%)
$BNR (+0.42%)
$HEN (-1.48%)
$MRK (-3.66%)
$SIE (-1.09%)
$SHL (-0.66%)

$ARM (+0.6%) presented its own new GPU, "AGI", last week. The CEO expects this chip alone to generate sales of USD 15 billion by 2031.

The first customers are $META (+0.75%) who have significantly financed the development. Furthermore $NET (+2.13%)
$FFIV (+1.78%) OpenAI, $SAP (-0.54%) will be among the first customers.

Another new feature is that ARM will sell these directly instead of via IP.

Commercial systems are available from $992 (-2.47%) or $7711

https://www.datacenter-insider.de/neue-cpu-und-neues-geschaeftsmodell-von-arm-a-c68c2d4a725c63881b4a2dd740d8be7d/?cmp=nl-0bcf9976-2ad2-4cd2-aa8c-05e698e1c575&uuid=C0FAF984-EC71-4DEE-A32D-33358A93A99F

I remain invested. But it's still a while until my EK (which I can't find anywhere for now thanks to the new update, thanks GQ).

Yesterday was an exciting day at the trade fair -

The rejuvenation of the audience in particular is an interesting signal for the equity culture.

The fact that the crypto stage is less popular with the older generation fits in with the picture of classic value orientation.

Here are the most frequently discussed stocks of yesterday:

High-Growth & Tech (US & International)

$ANET (+3.63%) Networks

* Value: Leading provider of cloud networking solutions, benefits massively from the expansion of AI infrastructure.

* P/E ratio: Valued at a rather sporty 48, but reflects the high growth.

* Chart: Shows strong relative strength; first attempts to break out of the consolidation above the 50-day moving average visible.

* Conclusion: A clear beneficiary of the "shovel seller" principle in the AI boom.

@Aktienhauptmeister

$$TTWO (+1.42%) Interactive

* Value: Gaming giant (GTA VI anticipation). Strong strategic position, but high development costs.

* P/E ratio: Currently negative or extremely high due to special effects/investments; adjusted (forward) at approx. 56.

* Chart: In a correction phase since the all-time high in fall 2025; currently looking for a bottom at approx. 150-160 USD.

* Conclusion: A bet on the release of GTA VI - for patient investors with strong nerves.

@Soprano

$CRWD (+3.84%)

* Value: Market leader in cloud-based cybersecurity. "Best-in-class platform approach.

* P/E ratio: Very high (over 80 forward), as growth comes before profit maximization.

* Dividend

* Chart: Medium-term trend currently negative, struggling with the USD 400 mark.

* Conclusion: Quality share in the security sector, but valuation leaves little room for disappointment.

@Derspekulant1

$$9618 (-2.2%)

$9868 (-2.85%)

(China corner)

* Value: Cyclical China stocks. JD (e-commerce) fundamentally cheap, Xpeng (EV) technologically strong but in a price war.

* P/E ratio: JD very favorable (approx. 8), Xpeng negative (loss zone).

* Chart: Both volatile; strongly dependent on the economic measures from Beijing.

* Conclusion: Only suitable as a speculative portfolio addition.

@Ander89

Established stocks & DAX stocks

$SAP (-0.54%)

* Value: Europe's cloud heavyweight. The transformation to a subscription model is bearing fruit.

* P/E ratio: approx. 25, which is historically fair for the current profitability.

* Dividend: Reliable payer, yield approx. 1.2 % to 1.6 %.

* Chart: Long-term upward trend intact, recently slight profit-taking at a high level.

* Conclusion: The "basic investment" in the European tech sector.

$BAYN (-3.57%)

* Value: Restructuring case with legal risks (glyphosate) and high debt.

* P/E ratio: Visually low (single-digit on a cash flow basis), but distorted by losses.

* Chart: In free fall or bottomless mode; no clear trend change in sight.

* Conclusion: Only for turnaround speculators with extreme staying power.

$P911 (-0.83%) (P911)

* Value: Luxury sports car manufacturer, struggling with the transition to e-mobility and weak demand in China.

* P/E ratio: approx. 10-12, which looks cheap but prices in falling margins.

* Dividend: Currently approx. 6% (note: analysts expect cuts!).

* Chart: Very weak, trading near all-time lows.

* Conclusion: The brand is worth its weight in gold, but the market environment is currently difficult.

Brief check of the remaining stocks:

$ENPH (+0.35%)

$ILMN (+0.08%)

Both in the "dog sector" (solar/biotech) - fundamentally under pressure, chart technically in the basement.

@Keineui

$6758 (-2.42%) Solid value/entertainment mix, P/E ratio approx. 15, fairly valued.

$TSLA (-0.15%) Remains the polarizing vehicle between AI hype and weakening sales figures.

sales figures.

@Dirty30

$NBIS (+0.62%)

$9880 (-1.21%) robotics :

Highly speculative niche themes (AI infrastructure/robotics), more for the gambler's portfolio.

@Andiiiii

@Multibagger