After hitting the bull's eye last year with my annual preview for 2025, I'm sharing the preview for 2026 with you today.

20.01. On taking office a year ago, Trump organizes a pompous celebration under the motto "1 year Trump, 49 more ahead". He signs an executive order converting the constitution into a non-binding letter of recommendation.

23.01. At the World Economic Forum, Trump announces punitive tariffs for all Democratic-ruled states in the USA. The S&P500 falls by double digits.

25.01. After the Trump cronies have stocked up on shares, Trump announces an agreement with the Democratic-ruled states and a temporary suspension of the tariffs. The S&P500 rises.

27.01. A video of Trump from 23.01. is leaked on X (formerly Twitter). Lip readers are sure that Trump whispers to JD Vance in this video: "Unbelievable, the trick is still working".

28.01. Trump explains in an address to the nation that by "trick" he meant Tony Hawk's kickflip. Despite his advanced age, Tony Hawk is "still great" 🇺🇸. The USA cheers. U S A. U S A. U S A.

14.02. Merz and Bärbel Bas are spotted making out in a Berlin hipster bar. The DAX swings wildly in all directions.

17.02. Exclusive interview with Merz and Bas in Bild "Yes, it's love". The DAX throws up.

07.03. Surprisingly, Musk himself becomes the first person to fly to Mars. Once there, he renames Mars X. And SpaceX. And himself. He also buys the letter X for 27,964 $TSLA (+0,1 %) shares, which from now on can only be used in exchange for subscription fees. Xavier Naidoo destroys his aluminum hat in anger.

08.03. X realizes that his X rocket no longer has enough fuel to fly from X back to Earth. X then sends 50 women with X to X and writes on X that he will create a new colony on X and that he no longer needs all the bullshit on Earth. Tesla shares fall to three fifty. Trading with $DOGE (-0,15 %) is suspended.

10.03. Nvidia buys Tesla. $NVDA (+4,07 %) falls.

21.03. Holding hands, Merz and Bas announce the "summer of reforms". The DAX falls to -7 points.

01.04. During a flyover, an airplane discovers a shiny golden hut in the middle of the Amazon region. An April Fool's joke?

11.04. Nvidia buys $ZAL (-1,53 %) (Zalando). Jen-Hsun Huang launches his own leather jacket collection. The fashion industry is beside itself with excitement. Nvidia with new ATH.

29.04. As predicted by @DonkeyInvestor predicted, reaches $BTC (+0,13 %) reaches 50k after a boring, wave-like downward movement. @stefan_21 spends @DonkeyInvestor buys a beer.

14.05. A team of scientists has approached the golden hut in the Amazon. The hut is actually made of pure gold. It is inhabited by an oddball native who claims to be able to make gold from wood. The price of gold falls by 20%. Bitcoin rises to 100k.

16.05. getquin launches a new "Wealth Family" subscription. For just €500 a year, a whole family can enjoy the Wealth features. In addition, the deposits can be viewed among each other and child-friendly advertising with Checker Tobi is played.

20.05. Wealth Family is a success. However, the divorce rate among getquin users rises sharply, as many realize that their partner has leveraged the house.

25.05. A sensation. The Native American was not lying. He can produce gold by the kilogram from tiny amounts of wood. Scientists from all over the world are trying to understand how he does it. Gold falls to 0. Bitcoin rises to 150k - as predicted by @stefan_21 predicted.

10.06. In the run-up to the World Cup, Trump surprisingly announces punitive tariffs on goals scored by foreign teams. Every goal scored against the USA is subject to a tariff of 2 goals for the USA. Infantino gets a gold watch and nods his approval.

14.06. Out of anger over the soccer tariffs, a French customs official surnamed Zidane refuses Trump entry to the G7 summit. He headbutts Trump back into Air Force One.

14.06. Trump is furious. While still on the plane, he posts that he will leave the G7 and take over the chairmanship of the BRICS states. The S&P500 falls. Emerging markets rise.

19.07. The USA becomes soccer world champion for the first time. The last Italian witnesses to Italy's first World Cup title in 1934 applaud the well-deserved victory.

21.07. It is still not clear how the indigenous people manage to produce gold from wood. Gold regains some of its value.

04.08. Peter Schiff shoots the Native American, who takes his golden secret to his grave. Gold rises again to 2k. Bitcoin falls to 36k - as predicted by @Epi predicted.

20.08. In the middle of the summer slump, Olaf Scholz opens an escape room in a Berlin savings bank. Unfortunately, he has forgotten the exit.

20.09. In the election in Berlin, Trump is surprisingly elected Chancellor with 32 million votes. Something's not right. Geez Berlin, another election gone wrong.

03.10. On German Unity Day, Bas and Merz announce the result of the summer of reforms:

Private health insurance companies and all statutory health insurance funds will be merged into one fund. The share price of $ALV (+0,79 %) (Allianz) falls.

With immediate effect, pension contributions are paid into a sovereign wealth fund that replicates the wikifolio of @Epi replicates. Olaf Scholz is angry, but immediately forgets why.

Every German has more than one vote in future elections. The number of votes corresponds to the remaining life expectancy in years.

Under the motto "performance must be worthwhile", inheritance tax is increased and wage tax is reduced by the same amount.

Nobody expected this. The DAX rises to a new ATH.

20.10. @DonkeyInvestor celebrates its birthday. Like every year, the party of the year and the whole of getquin is invited. All of getquin? No, @DividendenWaschbaer must stay outside.

03.11. getquin announces a new subscription: getquin Bugfree. For just 1,000 euros a year, subscribers get all bug fixes for free. Unfortunately, there are no more bug fixes for everyone else.

17.11. The BRICS countries, under the leadership of Trump, announce that they will use the Trump Coin $TRUMP (+0,09 %) as a currency.

02.12. Trump pulls an exit scam on his own coin. All BRICS states go bankrupt. The USA barely survives due to the strategic Bitcoin reserve.

03.12. Trump announces that the break-up of the BRICS states has been planned for a long time and has always been his goal. Zidane is awarded the Medal of Freedom.

24.12. A warm light appears over all major American cities and over Grünheide. A Christmas miracle?

25.12. The lights turn out to be gigantic spaceships in the shape of an X. The S&P500 falls.

26.12. The spaceships are commanded by X, who has returned from X. He wants to take over the USA. He wants to take over the USA. And the mayoralty of Grünheide.

31.12. The USA, now called USX, surrenders without a fight. X is the new god-king of the USX for life. The S&P500 no longer cares about anything. 2027 will be wild.

What are your tips for 2026?

You can find the preview for 2025 here: https://getqu.in/MBdhb5/

With the current price/earnings ratio (P/E ratio), the DAX is overvalued by 25 percent compared to its 20-year average.

However, five of the 40 shares are valued more than 30 percent lower than their long-term average. The valuation discount is 51 percent for one share and as much as 73 percent for one share.

Handelsblatt presents these 5 stocks, the following is an excerpt from the article.

Vonovia $VNA (-0,33 %) : 33 percent valuation discount

Germany's largest housing group is growing again. In the past two years, Vonovia had not started any new construction projects due to the turnaround in interest rates and increased construction costs. Now 3000 new apartments are to be built and unrenovated properties purchased and renovated.

Analysts expect an average net profit of 2.15 billion euros for the year as a whole. The trend is pointing upwards: Six weeks ago it was just over two billion euros, twelve weeks ago it was 1.9 billion euros. Vonovia is forecasting the highest operating result in its history for 2026.

With a P/E ratio of 12.2 based on the profits expected by analysts over the next four quarters, the share is moderately valued and 33 percent lower than the long-term average.

VW $VOW (+0,19 %): 35 percent valuation discount

VW was in the red in the third quarter. After a profit of 1.56 billion euros in the same period of the previous year, the Group posted a billion-euro loss.

This was caused by charges of 7.5 billion euros, primarily due to increased customs duties, the adjustment of the product strategy at Porsche $P911 (+0,32 %) and write-downs on Porsche's goodwill.

By contrast, the long-weakening core brand Volkswagen improved. A comprehensive cost-cutting program also had an impact.

For the current full year, analysts are forecasting an average net profit of 6.5 billion euros after 11.35 billion euros last year. The trend is pointing steeply downwards, as three months ago the estimate was just under nine billion euros.

Taking this sharply lowered profit forecast into account, VW is nevertheless valued extremely low with a P/E ratio of just 4.4. This is a discount of 35 percent compared to the Group's own average. No other DAX stock is cheaper - with the exception of Porsche Holding, which belongs to VW.

FMC $FME (+0,25 %)
: 41 percent valuation discount

No company in the DAX is as dependent on the US market as the dialysis specialist Fresenius Medical Care (FMC). FMC generates around 70 percent of its sales in North America.

However, business on the most important continent for the healthcare specialist is - slightly - under pressure. The treatment figures of the blood purification specialist are merely stagnating.

In the third quarter, however, total sales rose by ten percent to 4.9 billion euros compared to the same period last year, exceeding market expectations by three percent. Currency-adjusted earnings before interest and taxes rose by 28 percent to 574 million euros. This also exceeded the company's expectations.

The rising profits at a share price that has only stagnated for six months mean that the valuation has fallen sharply. With a P/E ratio of 10.1 based on the profits forecast by analysts for the next four quarters, the share is valued 41% lower than the 20-year average.

Bayer $BAYN (+1,82 %) : 51 percent valuation discount

With a P/E ratio of only 5.6 based on the average net profits expected by analysts over the next four quarters, Bayer shares are valued lower than all other major pharmaceutical stocks in the western world. Compared to its own 20-year average, the discount is 51 percent.

The biggest construction site for the Group is a bad decision made ten years ago: the purchase of the controversial US seed and pesticide manufacturer Monsanto. Its weedkiller glyphosate is blamed by patients for their cancer and they are demanding billions in compensation.

The favorable valuation is based on the hope that profit expectations will be fulfilled and that no new write-downs in the billions will be made. However, this is just as uncertain as an end to the lawsuits. Success with new blockbusters in the pharmaceutical division is also by no means a foregone conclusion.

Zalando $ZAL (-1,53 %)
: 73 percent valuation discount

Anyone buying this DAX stock is paying a P/E ratio of 15.4, which is not cheap compared to the DAX, but the share is valued 73 percent lower than its own long-term average.

The share is currently trading more than 70 percent below its record high, although the company is expected to earn more in the current financial year than ever before. After a net profit of 251 million euros in the previous year, analysts are forecasting a good 290 million euros for the current year.

Source text (excerpt) & graphic: Handelsblatt, 07.11.2025

$QSR (-0,07 %)
$LULU (-2,11 %)
$ADS (-0,63 %)
$BIRK (+4 %)
$ZAL (-1,53 %)
$9983 (+1,02 %)
$US2533932016

Hello my dears,

I have just received the news that the star investor @Simpson has been spotted in the cathedral city with his son Bart.

( attached a few paparazzi shots ).

The on 12.
May 1956 Homer Simpson grew up with his father Abe Simpson, as his mother Mona Simpson had already left the family during his childhood.

There are now rumors that he has relocated to Germany.

Simpson has been spotted in front of branches of several large chain stores. There is already wild speculation online about which company his holding could invest in next.

Because the star investor has proven for years that he can find growth pearls well in advance. More and more small investors are following his strategy.

Interestingly, he was also spotted outside a Foot Locker store.

Foot Locker's global store network comprises around 2,400 locations in 20 countries. US sporting goods retailer Dick's Sporting Goods has confirmed that it will acquire footwear specialist Foot Locker for 2.4 billion US dollars (2.1 billion euros). Could even @Simpson could even get in between.

It remains exciting in the " Ultimate Holding "

$BNTX (+1,09 %)
$ON (+1,79 %)
$HIMS (+2,74 %)
$PLTR (+4,8 %)
$O (-0,27 %)
$8058 (-0,35 %)
$7974 (-2,78 %)
$BP. (+1,5 %)
$BOSS (+0,31 %)
$SWK (+0,76 %)
$SPOT (+3,6 %)
$N1CL34
$UBER (-0,46 %)
$CPRI (-0,32 %)
$SHOP (+2,08 %)
$RACE (+1,6 %)
$HOG (-0,06 %)
$HTZ (+1,62 %)
$PFIZER
$UPST (+1,82 %)
$ANET (+5,38 %)
$PINS
$TEM (+3,76 %)
$AMD (+7,17 %)
$SMCI (+6,76 %)
$RIVN (+11,4 %)
$BYND (+8,05 %)
$KTOS (+4,61 %)
$CPNG (+2,37 %)
$BMW (+0,68 %)
$NOVO B (+1,14 %)
$FRE (+0,83 %)
$ORSTED (-0,69 %)
$AG1 (+4,62 %)
$EVT (+0,31 %)
$CCO (+2,86 %)
$DOCN (+4,46 %)
$LMND (+0,03 %)
$SONO (+1,02 %)
$MCD (-0,93 %)
$HOOD (+3,51 %)
$QCOM (+1,34 %)
$FTNT (+1,43 %)
$FSLY (+0,57 %)
$HUBS (+0,23 %)
$ELF (+4,16 %)
$ARM (+0,93 %)
$SNAP (-0,78 %)
$DASH (+1,87 %)
$APP (+4,25 %)
$AMC (-0,66 %)
$ZIP (-2,49 %)
$FIG (+6,33 %)
$LCID (+2,55 %)
$DUOL
$UN0 (+0,45 %)
$CBK (+2,31 %)
$DEZ (+2,4 %)
$ZAL (-1,53 %)
$HEN (-0,04 %)
$MAERSK A (-0,23 %)
$HEI (+0,62 %)
$CON (-0,2 %)
$AZN (+1,08 %)
$ALB (+4,25 %)
$MRNA (+8 %)
$QBTS (+8,3 %)
$WBD (+1,14 %)
$LI (+4,87 %)
$RHM (+1,17 %)
$DDOG (+1,95 %)
$RL (-2,43 %)
$OPEN (+1,5 %)
$ABNB (+1,51 %)
$PTON (-0,94 %)
$MP (+4,17 %)
$TTD (+0,25 %)
$STNE (-0,41 %)
$SQ (+1,85 %)
$GRND (+1,72 %)
$IREN (+11,91 %)
$AFRM (+0,21 %)
$CRISP (-0,01 %)
$RUN (+0,91 %)
$7011 (+0,43 %)
$DTG (-0,53 %)
$HAG (+0,34 %)
$DKNG (+0,03 %)
$LAC (+5,43 %)
$KKR (-0,9 %)
$PETR3 (+0,42 %)
$CEG
$WEED (-18,45 %)

$UBER (-0,46 %)
$KTN (+1,34 %)
$ZAL (-1,53 %)
$LNZ (+0,78 %) a look at 3 current and one potential new swing trade👓

$UBER (-0,46 %) As posted a few days ago, this week the resistance at the deviation2 of the VWAP was once again too strong, BUT a former resistance showed up as support at the end of the week. That would be a good basis for another attempt in the next trading week. It remains exciting😁

$KTN (+1,34 %) Similar to Uber, Kontron also failed at a technical resistance zone in the course of the trading week. However, a former resistance zone also proved to be support for Kontron at the end of the week. Here, too, a renewed rise could test the resistance upwards and run through to the divergence2 of the VWAP. This divergence2 has been proving to be resistance all year and could not be broken sustainably.

$ZAL (-1,53 %) is also struggling, but a whole "floor" below it😅. The first lower divergence of the VWAP has been a battle zone for Zalando since June. At least a support from June held at the end of the week. Take profit targets remain in place. I currently see the downside risk limited at the divergence2. I.e. my SL is only below this zone.

$LNZ (+0,78 %) With Lenzing I am again waiting for an entry. When deviation1 is reached, where there is also a HighVolumeNode, I am back in with a first position💰

#trading

15 of the 40 DAX companies are expected to achieve record profits in 2025.

However, five shares of the record profit groups are trading at least 20 percent below their previous high. This makes these stocks interesting because it reduces their valuation. One share is even trading 75 percent below its record high.

Handelsblatt profiles these five shares with a view to the companies' share valuations and business prospects.

75 percent below record high: Zalando

Zalando is currently trading $ZAL (-1,53 %) is currently 75 percent below its all-time high, although the company is expected to earn more in the current financial year than ever before.

23 out of 31 analyses recommend buying the share at the current reduced price level, only two recommend selling.

However, shareholders should not be blinded by the supposedly favorable valuation, as the high average P/E ratio of 60 is distorted by losses and very meager profits from the early days as well as the brief euphoria for online retail shares during the pandemic.

42 percent below record high: Symrise

Analysts forecast for Symrise $SY1 (-0,19 %) on average 514 million euros net profit, after the previous record profit of 478 million euros in the previous year. The operating profit before interest and taxes is expected to be 21.5 cents per euro. The previous forecast was 21 cents.

16 out of a total of 24 analysts recommend buying the share. One argument is the high dividend continuity. In spring, the payout increased for the 15th time in a row. Nothing stands in the way of another increase in 2026 in view of rising Group profits.

39 percent below record high: Beiersdorf

With a price loss of 30 percent over the past six months, the shares of consumer goods manufacturer Beiersdorf $BEI (-0,4 %) is one of the worst performers in the DAX.

Nevertheless, Beiersdorf is on the verge of another record profit. After a net profit of 912 million euros in the past financial year, analysts are forecasting an average of just under one billion euros for 2025.

17 out of 26 analysts recommend buying the share, two recommend selling. Despite imminent record profits, the share is trading more than a third below its record high. With a P/E ratio of 20 based on the profits expected in the next four quarters, the share is still not cheap. However, it is valued 20 percent lower than the average of the past 20 years.

30 percent below record high: Siemens Healthineers

Hardly any other DAX-listed company is as globalized as the Siemens medical technology subsidiary. Siemens Healthineers generates 95 percent of its sales abroad. $SHL (-0,21 %) abroad. This makes the company independent of the German market.

The manufacturer of surgical robots, computer tomographs and radiotherapy equipment posted a net profit of 1.9 billion euros last year. Analysts are forecasting a record profit of 2.2 billion euros for the current financial year.

With a P/E ratio of 18.8 based on the profits expected in the next four quarters, the share is moderately valued and 15 percent lower than the historical average. However, the Siemens subsidiary has only been listed on the stock exchange since 2018.

23 out of a total of 25 analysts who regularly analyze the Group recommend buying the share. None recommend selling. This gives Siemens Healthineers by far the best rating of the shares portrayed here.

20 percent below record high: SAP

In the past quarter, SAP's earnings before interest and taxes (EBIT), adjusted for special effects $SAP (+0,02 %) earnings before interest and taxes (EBIT) adjusted for special items rose by around a third to 2.6 billion euros compared to the same period last year. The cash inflow, which is important for investors, increased by 83 percent to just under 2.4 billion euros.

For the year as a whole, analysts are forecasting an average net profit of 6.8 billion euros. That would be more than ever before and more than twice as much as in 2024. In the previous year, however, provisions worth billions of euros for employee severance programs distorted the balance sheet.

27 buy recommendations are offset by four hold and three sell ratings. One reason for the fairly strong vote despite the high valuation is the high level of resilience: a good 85% of revenue is based on recurring and therefore reliable business. This makes the IT group virtually independent of economic fluctuations.

Source text (excerpt) & graphic: Handelsblatt, 23.09.25

$ZAL (-1,53 %) Another one of my trades, but here I got in too early😥, thought around €26 would be a good time and built up my position in June - well, it wasn't the best time, but at least with the recovery since the beginning of August my position is now green again 😁

Driven by large share purchases (just under €10m) by the main shareholder, there seems to be more confidence in Zalando again. The next hurdle would be the VWAP around €30, then the path to €33.7 and €37.6 would be clear again

link https://de.tradingview.com/news/dpa_afx:54b5a90b8bbff:0/

What else is there - my $STZ (-0,6 %) was and is a fail - currently bobbing at -23% around 🥶

$UBER (-0,46 %) just in the plus and $ADYEN (+0,87 %) just in the red - but I'm already looking forward to the big vola for the figures🙄 Swing trades always need something Geduld🤷‍♂️

#trading

Hello everyone,

Since a lot has happened in the last few days and weeks, I would like to give you an insight into how far my portfolio has changed in terms of growth and returns. First of all, the FTSE All World has been thrown out completely, as have the stable value stocks such as Airbus and Telekom. My "new" portfolio has so far included the following:

Position (weighting in the portfolio in %) Return to date in %

$BTC (+0,13 %) (13%)

Return to date +-0

$IREN (+11,91 %) (11,2%)

Return so far approx. +30

$RKLB (+21,46 %) (9,46%)

Yield yesterday still at +15% today at just under +4% 🤪

$PNG (+4,97 %) (9,4%)

Yield so far +15%

$TTR1 (-2,91 %) (8,67%)

Yield to date +-0

$IOS (+0,76 %) (8,55%)

Return so far approx +5%

$ASTS (+16,96 %) (8,54%)

Return to date approx +5%

$ZAL (-1,53 %) (7,35%)

Return so far approx +11%

$IPX (+5,17 %) (7,27%)

Return so far -5%

Warrants (only for those who are interested)

(sorted by weighting)

Long on Hensoldt MM2TXJ (+16%)

Long on silver MK81Z6 (+84%)

Short on Puma DU1SAE (+6%)

Inline OS on Zalando UG71Z8 (+93%)

Inline OS on Thyssenkrupp UG81HF (+80%)

Inline OS on Telekom (since today) PJ711H (-1%)

Discount Tut on Palantir VK38YE (-34%)

In addition, I now have a savings plan with 200 euros per month on Bitcoin $SOFI (+3,98 %) Tech, as well as 100 euros each on $VSAT (+4,62 %) and $BNTX (+1,09 %) (for the next pandemic, cancer therapy, and because of the thick cash cushion).

I think I've covered the areas of data centers and digitalization, as well as space and outer space. What I'm still missing is a convincing stock in the critical commodities sector (I have Iperionx, but I'm still looking for a candidate that convinces me)...

I'm up about 8% for the week and see this as a very small confirmation of the transformation in the portfolio, even though I know that these stocks are naturally more susceptible to a bear market xD

I'm not sure whether I'll be able to keep up the savings rates because I have to take my driver's license exams soon and I'm still doing my A-levels. And as I only work on a part-time basis, I don't have that much money available yet. My deposit is currently around 9900 euros and my short-term goal is to have enough money by the end of 2026 or early 2027 to buy my dream car, a Golf 7. 🙈

Please let me know what you think and whether you would do the same as me...

And if anyone else has a stock that would fit into my portfolio strategy, I would of course also be delighted...

HG Small investors ✌️🤝

$ZAL (-1,53 %)

Do you also see the growth potential? The P/E ratio is at a good market average and the profit forecast for the next quarter is also okay.

But as a big player, ZAL has a good advantage for much.

Hello everyone,

since I haven't had much time for getquin lately, I'm reporting back with a purchase, here again my inliner on Zalando that I bought today...

Zalando has recently come under a lot of pressure (thanks @TomTurboInvest who mentioned Zalando in this context...)

Should $ZAL (-1,53 %) does not fall below 22€ by 21.11.25, which I do not expect because the share has already suffered quite a bit, there is the promise of a return of almost 200% here...

However, should Zalando fall below 23€ I would liquidate the position to limit losses...

Lg small investor 😅🤝

PS: @Multibagger what has happened in your portfolio and what do you think of the inliner?