Enton 🦆 says the $DHL (+0,1 %) stock is even bigger garbage than $GME (+7,23 %)
Enton 🦆 saying these words once is like the 7th wonder of the world. Have a nice Sunday everyone.
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102Enton 🦆 says the $DHL (+0,1 %) stock is even bigger garbage than $GME (+7,23 %)
Enton 🦆 saying these words once is like the 7th wonder of the world. Have a nice Sunday everyone.
Over the last few days I have been busy sorting out shares again and have now reduced my positions from 77 to 65.
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True to the motto: "With a heavy heart I am selling my rusty used car", the following positions have left my portfolio these days.
$GME (+7,23 %) with -6.22% 🤓
$MO (+1,67 %) +6,78%
$SYK (+2,44 %) +0,32%
$KDP (-0,1 %) +14,62%
$CL (+3,18 %) +12,32% 😢
$ECL (+2,32 %) +5,22%
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However, two should follow immediately. 😜 Yes, the goal is actually to reduce stocks and not add any new ones. But these two simply fit perfectly into my growth strategy, namely $WALMEX* (-0,77 %) & $MELI (+6,83 %) In addition, -6 + 2 still makes -4, which is a WIN WIN situation.
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But unfortunately I can't get into the 2 stocks. With $MELI (+6,83 %) I want to wait, as it is very highly valued and I see a certain downside potential in the next few weeks. With $WALMEX* (-0,77 %) I have a limit order at €2.59, but I can't get in. Although the price has already fallen below it yesterday and today. The problem is that Trade Republic has a spread of 18-24 cents per Walmex share, i.e. almost 10% 😨
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12.09.2024
ECB interest rate decision today + Major insider buying at HelloFresh + Infineon reaches milestone + Gamestop to invest more with new share issue + Stubborn inflation puts investors in a buying mood + Technology stocks determine Nasdaq 100
Hellofresh $HFG (+1,98 %) meanwhile, soared 14.7 percent. The main driver was a company announcement just before the close of trading the previous day, according to which CEO Dominik Richter had acquired Hellofresh shares worth around 10 million euros. Insider purchases by members of the Management Board are often seen on the stock market as a sign of management confidence in their own company.
The chip company Infineon $IFX (-0,83 %) announced on Wednesday that it had achieved a potential milestone for the industry in the field of gallium nitride wafer production. Infineon described itself as the first company in the world to master 300-mm gallium nitride (GaN) wafer technology in an existing, scalable high-volume production facility. The company intends to use this to maximize capital efficiency in GaN production. According to Infineon, chip production on 300-millimeter wafers is technologically more advanced than on 200-millimeter wafers.
Gamestop $GME (+7,23 %) share price fell more than 9% after the video game retailer announced it would issue more shares despite a drop in sales in the second quarter. The company, which became known as the focal point of the "meme stock" craze earlier in the decade, said it would use the proceeds from issuing up to 20 million new shares to fund "general corporate purposes," including potential "acquisitions and investments consistent with our investment policy."
Stubbornly high core inflation in the US did not go down well on the US stock markets on Wednesday. According to observers, this speaks more in favor of a "small" interest rate cut by the Fed in the coming week. The Dow Jones Industrial benchmark index lost 1.5 percent to 40,115 points and slipped to its lowest level since mid-August. The price losses were widespread and hardly any sector was able to escape the downward pressure. The core inflation rate, excluding energy and food prices, stood at 3.2 percent in August. "Housing costs have once again risen significantly, having already risen more sharply than expected in July," wrote Johannes Mayr, economist at asset manager Eyb & Wallwitz. Speculation in the meantime that the Fed would cut interest rates by 50 basis points had thus been significantly dampened.
Technology shares in the Nasdaq 100 fell less sharply by 0.5 percent to 18,729 points. Price gains by major chip manufacturers provided some support here. Shares from the renewable energy sector benefited on Wednesday from Kamala Harris' good performance in the TV debate with Republican presidential candidate Donald Trump. According to a stock market analyst, Harris' improved position is a positive prospect for companies in the renewable energy sector, as Trump is seen as an advocate of burning fossil fuels. Shares in photovoltaic companies First Solar and Solaredge gained 9 and 10 percent respectively. The fact that Trump was rather disappointing in the televised debate was also reflected in the 15% fall in the share price of Trump Media & Technology .
Thursday: Stock market dates, economic data, quarterly figures
ex-dividend of individual stocks
BHP Group AUD 0.74
Endeavour Mining 0.41 GBP
Quarterly figures / company dates USA / Asia
22:05 Adobe quarterly figures
Untimed: Moderna: Research and Development Day
Quarterly figures / Company dates Europe
07:00 Fraport traffic figures August
08:00 DFV Deutsche Familienversicherung Half-year figures
Untimed: Thyssenkrupp: Supervisory Board meeting, topic among others spin-off Thyssenkrupp Steel Europe
Economic data
GameStop: Significant decline in sales in Q2, further store closures and new share issue
GameStop's latest financial report for the second quarter of 2024 reveals an alarming decline in sales of 45% compared to the previous year reported.
This development underlines the company's ongoing difficulties in the retail sector, which is increasingly characterized by digital competition.
To cope with the financial burdens, GameStop plans to close more stores as part of a comprehensive restructuring strategy.
In addition to the store closures, GameStop has announced plans to issue new shares to raise capital.
This measure is intended to help the company improve its liquidity and cover ongoing restructuring costs.
The new share issue could lead to a dilution of existing shares in the short term, but is seen as a necessary step to ensure financial stability and support future growth.
The restructuring measures present both risks and opportunities that should be considered when evaluating GameStop's long-term prospects.
https://www.gamesindustry.biz/gamestop-q2-sales-down-45-as-more-stores-due-to-close-down
Investing as a student
Hello Community,
I'm writing my first post as an otherwise silent reader, a kind of portfolio check/feedback on the occasion of my first 5000€ in the portfolio, which is already a relatively large sum for me, even if others have this as a savings plan installment.
First of all, about me. I'm 20 years old and have been a student for a year. I work part-time and still live at home.
So my fixed costs are rather low.
My investment strategy is basically buy & hold from the $VWRL (+0,46 %) (Dist) (currently a €50 savings plan for the TR card benefits, mostly individual purchases), although I also risk a little money from time to time for a quick profit. So far with $BTC (+0,46 %) +20% and $NVDA (-0,03 %) (currently +26%, not realized) quite well. There was also a small mistake, $GME (+7,23 %) I sold too early, but was able to sleep peacefully.
Short-term goals
I need to build up my nest egg of €1000 again. I went on vacation with friends for a month, which cost €3,000, so the nest egg was used up. You shouldn't, but it was worth it to me.
I also don't yet know how to deal with my $NVDA (-0,03 %) position and the $CSPX (+1,03 %) should deal with. Take a profit on NVIDIA? Switch the S&P500 into the All-World?
Long-term goals
Expand dividends/ performance. Is a high dividend ETF worthwhile? Often seen as a yield killer. I am quite comfortable with a 1 ETF portfolio.
Other positions
$O (+2,65 %) I have in the portfolio for the monthly dividend, currently €2 per month. With 1€ order fees, two orders per month are therefore "free of charge".
$MSFT (+0,15 %) Was given to me as a gift by TR as my first share. Remains in the portfolio due to its emotional value and belief in the company.
$NVDA (-0,03 %) Bought during the crash, punter position.
+-600€ income per month
+-120€ spending per month
Fall 2025 will buy a PS5 (PS5 Pro when released, expect 700€) for GTA6, otherwise no big planned expenses. After restoring the nest egg, monthly savings will be made on this.
Questions and suggestions very welcome!
$GME (+7,23 %) I'll wait and see.
Crypto too. Except $BTC (+0,46 %) should be long-term.
What do you think of the rest?
Main focus on the World, Europe and Em Imi ETF for the next 20-25 years. Plus silver.
$AAPL (+0,65 %) , $NVDA (-0,03 %) and $TSLA (+9,97 %) should also be a longer-term component.
Depending on performance, the other ETFs may also be included.
$GME (+7,23 %) 40% of the market cap in cash on that balance sheet. Buying that sweet steal 🚀🚀
$GME (+7,23 %) "The rooster said, "Gone wrong, gone wrong" and got off the duck." - the story is probably over for now? 🔮
Principales creadores de la semana