Everyone only ever shows their winners, but let's be honest - that's boring.

I'm going to turn the tables and present you with my own personal financial disasters. Because who diamond hands need a thick skin.

My investment strategy?

• Hold for at least Hold for 5-10 years (i.e. enough time to ride out a complete market crisis).
• A maximum of 1% of the portfolio in speculative stocks (haha, if only that were the case).
• No stop loss, because I prefer to look straight into the abyss.

Here are my highlights from the "Let's burn down the portfolio!"-category:

Intel (-41%) $INTC (+2,5 %)

I thought I was buying a solid chip giant. Turns out: I bought a museum walk through the glory days of 1995. While Nvidia is flying to the moon, Intel is barely keeping its head above water like an old Windows 98 computer.

Unity Software (-68%) $U (-11,1 %)

"Gaming is the future! Unity is THE platform for developers!" - At least that's what I thought. In reality, Unity has bugged itself so badly that not even a game patch would help. At least I have the consolation that my shares are more lag than a mobile game with too much advertising.

Walgreens Boots Alliance (-77%) $WBA (+0 %)

Pharmacies? Safe bet! People always get sick! It's just stupid when a company is managed in such a way that even a pharmaceutical giant looks like it has overdosed itself.

Compass Pathways (-88%) $5Y6A

Psychedelic therapy is the future! Or so I thought. But my investment journey was more like a wild drug trip that ended directly in the financial hole. Instead of astral travel, it was just capital destruction.

Edita's Medicine (-95%) $EDIT (-3,74 %)

Genetic engineering and CRISPR? Technology of the future! It's just a shame that my investment was deleted faster than faulty DNA. Editas has actually managed to edit itself out - and my capital along with it.

And you?

Do you also have a "Loss P0rn" story you want to share?

Or are you smarter than me and use stop losses? 😂

Podcast episode 67 "Buy High. Sell Low."

Subscribe to the podcast to keep Bitcoin rocketing.

00:00:00 Bitcoin, MicroStrategy, Coinbase

00:23:00 BlackRock

00:32:40 Nu Holdings

01:01:00 Alphabet & Meta

01:26:00 Unity Software, AMC, GameStop

01:38:50 Thomas von Finanzfluss, MSCI World & EM

Spotify

https://open.spotify.com/episode/373hy6ZTbixJ6jB4effhlc?si=U_f7l6tRQwy0z184kew35Q

YouTube

https://youtu.be/KyfA6BnxsV0

Apple Podcast

https://podcasts.apple.com/us/podcast/folge-67-bitcoin-finanzfluss-microstrategy-coinbase/id1695869891?i=1000679620189

$BTC (-4,53 %)
$MSTR (-7,92 %)
$COIN (-4,11 %)
$BLK
$NU (-2,16 %)
$GOOGL (-3,55 %)
$GOOG (-3,48 %)
$META (-7,03 %)
$U (-11,1 %)
$AMC (-4,36 %)
$GME (-2,97 %)
$IWDA (-3,86 %)
$EIMI (-0,37 %)
#finanzfluss
$SPOT (+1,12 %)
$AAPL (-6,25 %)
#podcast

Earnings next week

$PLTR (-1,3 %)

$SMCI

$CELH

$ARM (-8,64 %)

$CLF (-14,43 %)

$AMC

$QCOM (-8,69 %)

$DKNG (-3,54 %)

$HIMS (-7,12 %)

$ELF (-17,13 %)

$ANET

$CLOV (-3,6 %)

$SQ (-3,87 %)

$APP (-7,52 %)

$VST (-12,24 %)

$NVO (-2,41 %)

$RIVN (-6,7 %)

$DVN (-10,33 %)

$U (-11,1 %)

$WYNN (-10,82 %)

$CVS (-2,64 %)

$CEG

$TTD (-11,19 %)

$MRNA (-6,62 %)

$$BRK.A (-3,94 %) (Saturday)

$CDE (-6,19 %)

$AFRM (-15,35 %)

$MELI (-1,08 %)

$FTNT (-8,58 %)

$PINS

$ABNB (-5,82 %)

$ABX (-1,82 %)

$HL (-5,76 %)

$MAR

$IONQ

$NET (-8,62 %)

$AXON (-2,13 %)

$ALB (-9,43 %)

$DOCS (-5,96 %)

$WOLF (-3,16 %)

$BROS

$PAAS (-7,29 %)

$DDOG (-4,97 %)

$LCID (-2,7 %)

$TOST (-6,41 %)

$LUMN (-12,47 %)

$MLCO (-2,07 %)

$DOCN (-12,86 %)

$ALAB

$ACB (-4,36 %)

13.09.2024

Friday the 13th + ECB cuts interest rates as expected + Technology stocks benefit + Unity Software changes policy + Gold hits new ATH

The European Central Bank (ECB) has reacted to the slowdown in inflation in the eurozone. The deposit rate, which sets the trend on the financial market, has fallen by 0.25 percentage points to 3.5 percent, as the central bank announced on Thursday. The ECB is thus making progress with the interest rate turnaround it began in June. According to the ECB, economic growth in the eurozone will be somewhat weaker than recently expected.

The interest rate-sensitive technology shares were therefore among the main winners. Only the US producer prices published in the meantime dampened the good mood somewhat. They rose slightly more sharply in the core rate than in the previous month.

Shares of the video game software manufacturer Unity Software $U (-11,1 %) rise 7.2% to $18.45

• Unity is scrapping the "term fee," a pricing policy, effective immediately
• CEO Matt Bromberg says the company can't pursue its mission in conflict with its customers; price increases don't have to be in a "novel and controversial" form
• Unity had planned to charge developers a fee each time their game was installed after reaching certain milestones, such as revenue
• The company had already rolled back key parts of this policy last year after its main users, small and independent developers, decided to boycott its platform
• The stock had fallen ~58% by the last closing price

The gold price hit a new all-time high on Thursday. After the ECB cut key interest rates for the eurozone by 25 basis points as expected, the precious metal jumped above the previous record price of 2,531 dollars. However, something else may have been much more decisive than the interest rate cut itself. The interest rate cut was not a big surprise and was very likely already priced into the market. In contrast, investors do not appear to have expected a lower forecast for future economic growth. The ECB is forecasting growth of 0.8% for 2024 (previously 0.9%), 1.3% for 2025 (previously 1.4%) and 1.5% for 2026 (previously 1.6%).

Friday: Stock market dates, economic data, quarterly figures

ex-dividend of individual stocks

Coca-Cola USD 0.49

Albemarle 0.41 USD

Gilead Sciences USD 0.77

Frontline USD 0.62

Economic data

• 06:30 JP: Industrial Production 7/24 (final) | Capacity Utilization 7/24
• 09:00 DE: Bundestag, continuation of budget deliberations, Berlin
• 09:30 EU: Eurogroup meeting in Brussels
• 11:00 EU: Industrial Production July Eurozone FORECAST: -0.3% yoy/-3.0% yoy previous: -0.1% yoy/-3.9% yoy
• 11:30 DE: Government Pk, Berlin
• 14:30 US: Import and export prices August import prices FORECAST: -0.2% yoy previous: +0.1% yoy
• 16:00 US: Consumer Sentiment Index Uni Michigan (1st survey) September FORECAST: 68.4 previous: 67.9

$U (-11,1 %) $ How do you think the figures will turn out? Does Unity also benefit from the hype of #nvidia ? Or is it too hot and better to keep your hands off it 😳😮‍💨

The coming week summarized:

Monday:

• New home sales (January)
• Quarterly reports from Workday ($WDAY (-4,76 %) ), Zoom Video Communications ($ZM (-4,06 %) ), Domino's Pizza ($DPZ (-1,8 %) ) and Unity Software ($U (-11,1 %) )

Tuesday:

• Orders for durable goods (January)
• S&P Case-Shiller Home Price Index
• Consumer Confidence (February)
• Quarterly reports from Lowe's ($LOW (-4,89 %) ), ONEOK ($OKE (-9,27 %) ), Bank of Montreal ($BMO (-3,33 %) ), American Tower ($AMT (+2,1 %) ) and AutoZone ($AZO (-1,38 %) )

Wednesday:

• Gross Domestic Product of the USA (first revision of the fourth quarter)
• US trade balance (January)
• Retail inventories (January)
• Wholesale inventories (January)
• Quarterly reports from Salesforce ($CRM (-5,58 %) ), Snowflake ($SNOW (-7,62 %) ), Royal Bank of Canada ($RY (-1,48 %) ), HP ($HPQ (-14,31 %) ), TJX ($TJX (+1,91 %) ), Paramount Global ($PARA (-4,45 %) ) and Monster Beverage Corp. ($MNST (-1,22 %) )

Thursday:

• Personal Consumer Price Index (PCE)
• Initial claims for unemployment benefits
• Pending home sales (January)
• Statements by Atlanta Fed President
  Raphael Bostic, Chicago Fed President Austan Goolsbee and Cleveland Fed President Loretta Mester
• Quarterly reports from Anheuser-Busch InBev ($BUD (+0 %) ), Dell Technologies ($DELL (-17,01 %) ), Toronto-Dominion Bank ($TD.PR.P ), Hewlett Packard Enterprise ($HPE (-14,64 %) ) and Best Buy ($BBY (-19,43 %) )

Friday:

• Statements from Dallas Fed President Lorie Logan, Federal Reserve Board Gov. Christopher Waller, Atlanta Fed President Bostic and San Francisco Fed President Mary C. Daly
• Quarterly reports from RadNet ($RDNT (-7,64 %) ), Plug
  Power ($PLUG (-6,74 %) ) and FuboTV ($FUBO )