Where are the trade agreements?

The S&P 500 has now lost 2.5 trillion US dollars since its high on April 9 after the 90-day tariff break. Current level-3% drop.

While the markets are waiting for trade agreements, Japan has said today that it will "not simply give in further" in the US tariff talks.

TECHNOLOGY STOCKS TODAY:

1. tesla, $TSLA (+0,94 %) : -7%

2. nvidia, $NVDA (+2,84 %) : -6%

3. broadcom, $AVGO (+4,92 %) : -4%

4. meta, $META (+1 %) : -4%

5. amazon, $AMZN (+1,99 %) : -4%

6. Robinhood, $HOOD (+4,56 %) : -3 %

7. AMD, $AMD (+3,71 %) : -3 %

8. alphabet, $GOOG (+1,12 %) : -3 %

9. Microsoft, :, $MSFT (+1,65 %) -2%

10. palantir, $PLTR (+3,98 %) : -2%

The Nasdaq has officially re-entered bear market territory and is now 20% below its recent high.

You can't make this stuff up:

The S&P 500 has now lost $750 billion in market capitalization since Trump started calling Fed Chairman Powell "Mr. Too Late" this morning.

This will indeed be a dark red chart tomorrow when we get the data reconciliation here.

Focus on the balance sheets of tech giants

US tech giants are in the spotlight in the current reporting season. Companies such as NVIDIA $NVDA (+2,84 %)Microsoft $MSFT (+1,65 %)Amazon $AMZN (+1,99 %), Tesla $TSLA (+0,94 %) and the parent company of Facebook, Meta Platforms $META (+1 %)present their results. Expectations are high, as the performance of these companies is crucial for many investors. In addition, the finanzen.net ZERO trading platform enables trading in Alphabet A (formerly Google) until 11 pm without order fees. This underlines how important these shares are for the market and investor interest.

NVIDIA shares under pressure: history suggests price reversal

NVIDIA shares have experienced a steep decline in recent weeks and are currently trading at around 101.49 US dollars. This corresponds to a decline of around 34% since the high in January 2025. However, historical data shows that such declines often represent a buying opportunity. In the past, NVIDIA shares have often staged strong recoveries following setbacks of more than 35%. Analysts emphasize NVIDIA's market leadership in the field of AI accelerators and the positive long-term trends that speak for the company and fuel hopes of a recovery in the near future.

Challenges and opportunities for NVIDIA

Despite the pressure on NVIDIA shares, the company has decisive advantages that should not be ignored. Its own software platform, CUDA, makes it easier to develop applications and sets NVIDIA apart from the competition. In addition, the launch of the new B200 chip is seen by analysts as a potential game changer that could significantly increase performance per dollar. Although there are challenges from increasing competition and geopolitical tensions, NVIDIA could be well equipped to expand its market share in the AI industry and potentially emerge stronger from this phase.

Sources:

https://www.finanzen.net/nachricht/aktien/giganten-im-ueberblick-bilanzen-tesla-nvidia-apple-amazon-co-termine-und-ergebnisse-der-tech-riesen-in-der-aktuellen-saison-14362387

https://www.finanzen.net/nachricht/aktien/aufschwung-in-sicht-nvidia-aktie-unter-druck-steht-eine-baldige-kurswende-bevor-14386033

As if it were not enough that the largest economic nations are imposing punitive measures on each other, the major US tech companies are now also waging a war over the AI monopoly.

As has now become known, Zuckerberg's group has $META (+1 %) has blocked the use of Apple Intelligence within its apps on iOS devices. This means that you can only use Meta's Llama AI in WhatsApp and Instagram, but not the $AAPL (+0,6 %) AI.

First and foremost, it's remarkable that this is even possible. In fact, I would never have thought it possible to program and distribute software within Apple's ecosystem that can override the basic functions of the operating system.

Secondly, Meta is also playing a dangerous game here. Firstly, Apple could go to court, as this is likely to be illegal as anticompetitive behavior, at least in the EU. Of course, it is questionable whether the judges would have much sympathy for Apple, but competition authorities generally don't like it when you block features from other companies so that consumers can no longer decide for themselves which product they use.

On the other hand, Apple could of course also strike back and, for example, block updates or functions of Meta apps through the App Store, so that Meta would also have to reckon with problems. However, this would also not be permitted and Apple has already gotten into real trouble with Spotify. But that brings us back to the question of whether the judges would be particularly sympathetic to Meta? Probably not.

I can already see major upheavals brewing here between the two tech giants, in which both sides will only lose. Apple can't do without Meta and Meta can't do without Apple.

Of course, it will also be interesting to see whether the other Silicon Valley companies will also position themselves in the AI war. $GOOG (+1,12 %) / $GOOGL (+1,42 %) doesn't have quite as bad a relationship with Meta as Apple, but they don't really have any friends either and are of course also in competition with Microsoft and Apple. $AMZN (+1,99 %) I consider Meta to be relatively resilient overall. They don't really need anyone from the others and, if I remember correctly, it has been customary for years to play hardball in disputes with the other companies. I can't swear to it, but I'm pretty sure that there wasn't even a YouTube app on Fire TV back then. $MSFT (+1,65 %) Since the end of the Ballmer era, the company has also managed to maintain a relatively neutral and peaceful relationship with pretty much all companies. I'm curious to see if it will stay that way.

Overall, I am particularly concerned that Meta, Alphabet and Apple could be severely affected if, in addition to the political pressure in the trade conflict, friendly fire is now also exerted from within their own ranks. If the tech platforms isolate themselves from each other and impose sanctions, there will be many losers and no clear winners for the companies and, of course, for their customers.

Source: Finchat

$AAPL (+0,6 %)

$MSFT (+1,65 %)

$NVDA (+2,84 %)

$GOOGL (+1,42 %)

$AMZN (+1,99 %)

$META (+1 %)

$AVGO (+4,92 %)

$TSLA (+0,94 %)

$NFLX (+3,84 %)

$AMD (+3,71 %)

I was thinking of adding new positions to my stock portfolio.

With the market down and the euro/dollar at 1.13 compared to its historical 1.06-1.08 it seems like a good opportunity at least better than a few months ago 🤷‍♂️

After reviewing the market a bit I have thought of 4 stocks that I have in mind:

• $ACN (+0,69 %) at 23.5 times earnings

A company that given its status will benefit directly from all the advances in artificial intelligence with great expectations of future growth a controlled debt and a good dividend (of around 2% and with a payout ratio below 50%).

• $NKE (+0,41 %) at 17 times earnings

Although the financials are not particularly good it is an investment in the brand returning to what it was, Nike's situation has gone from bad to worse, but just as it happens when companies that grow in profits are exaggerated and their price grows even more than profits and so continuously, well it is happening the same but the other way around 🙃 Profits fall but the price falls more than profits do and that makes it a buying opportunity

• $MC (+0,13 %) at 19 times earnings

I am not a big fan of luxury but this company has a historical average of a Per of 25 times, after the fall of the last year I do not rule out that it can continue to fall however the situation may change, it has a good dividend with a payout ratio of less than 50% and a clear growth expectation

• $META (+1 %) at 21 times earnings

Although if you look at the average profits in the last 5 years the Per is much higher than now, I do not believe that profits tend to decrease, it is one of the leading technology companies and I have no doubt that it will eventually recover if not on its own merits by the thrust of the market in general.

Any more suggestions or anything important to keep in mind? Let me know 👇

Monday

‣ ♾️ $META (+1 %) US FTC antitrust trial begins

‣ 🛢 OPEC monthly report 1:00 pm

‣ 🇺🇸 NY Fed inflation expectations 5:00 pm

‣ 🇺🇸 6M Treasury auction 5:30 pm

‣ 🇺🇸 Fed's Barkin speaks 6:00 p.m.

‣ 🇺🇸 Fed's Waller speaks 7:00 p.m.

‣ 🇺🇸 Fed's Harker speaks 00:00 (Tuesday)

‣ 🇺🇸 Fed's Bostic speaks 01:40 (Tuesday)

‣ Top company reports (before market open): $GS

Tuesday

‣ 🇺🇸 Import/export prices 14:30

‣ 🇺🇸 Empire State manufacturing index 2:30 pm

‣ 🇺🇸 1Y Treasury Auction 5:30 pm

‣ 🇪🇺 ECB President Lagarde speaks 6:00 p.m.

‣ 🇺🇸 Fed's Cook speaks 01:10 am (Wednesday)

‣ 🇨🇳 China GDP Q1 04:00 (Wednesday)

‣ Top company reports (before market open): $BAC, $C, $JNJ

‣ Top company reports (after market close): $JBH, $UAL

Wednesday

‣ 🇪🇺 EU CPI Inflation $EUR 11:00 am

‣ 🇺🇸 Retail sales 2:30 pm

‣ 🇺🇸 Industrial production 3:15 pm

‣ 🇨🇦 Canada interest rate decision 3:45 pm

‣ 🛢 US energy inventories $CL 4:30 pm

‣ 🇺🇸 20Y Treasury auction 7:00 pm

‣ 🇺🇸 Fed Chair Powell speaks 7:30 pm 🌶

‣ 🇺🇸 Fed's Schmid speaks 01:00 am (Thursday)

‣ Top company reports (before market open): $ASML, $ABT, $PGR, $USB

‣ Top company reports (after market close): $AA, $KMI

Thursday

‣ 🇺🇸 Building permits 2:30 pm

‣ 🏠 US Housing Starts 2:30 pm

‣ 🇺🇸 Weekly Unemployment Claims 2:30 pm

‣ 🇺🇸 Philly Fed manufacturing index 2:30 pm

‣ 🇪🇺 EU interest rate decision $EUR 2:15 pm 🌶

‣ 🇺🇸 Fed's Barr speaks 5:45 pm

‣ 🇺🇸 5Y TIPS auction 7:00 pm

‣ Top company reports (before market open): $TSMC 🌶, $AXP, $ALLY

‣ Top company reports (after market close): $NFLX

Friday - 🇺🇸 MARKETS CLOSED

‣ 🇺🇸 US markets closed (Good Friday)

‣ 🇺🇸 Fed's Daly speaks 5:00 pm

‣ 📊 Weekly open futures positions 9:30 pm

EU considers levies for big tech

In the current customs dispute with the USA, Ursula von der Leyen, President of the EU Commission, is considering possible levies on American tech companies such as Google $GOOGL (+1,42 %) and Meta $META (+1 %) . In her opinion, a levy on the advertising revenue of digital services could be a viable option if the trade dispute with the US government does not lead to a satisfactory solution. Recently, the EU decided to suspend planned counter-tariffs on US products for 90 days after the US also announced a similar pause. Jörg Kukies, the acting Federal Minister of Finance, emphasized the need to act cautiously when regulating digital companies, as there are currently no alternatives that operate on a comparable scale. Von der Leyen described the trade conflict as a turning point in relations with the US, while Hungary's Prime Minister Viktor Orban is optimistic about a quick solution. In NASDAQ trading, Alphabet shares rose by 2.59 percent to USD 159.40, while Meta lost 0.50 percent to USD 543.57.

Gold price reaches record high of 3,263 dollars

The price of gold reached an impressive new record high of over 3,200 US dollars before the weekend, demonstrating a strong upward trend. Factors such as a weaker dollar and rising tensions in the trade conflict between the US and China have significantly fueled demand for gold. The US government has increased tariffs on Chinese imports to 145%. This has led to fears of recession and prompted many investors to flee to safe investments such as gold. In the last three trading days, the price of gold has risen by around eight percent, which represents an increase of around 18 percent since Trump took office. In addition, the weakness of the US dollar has made gold cheaper, which has further boosted demand. Commodity experts are optimistic about the further development of the gold price, while oil prices are also rising, mainly due to the consequences of the trade war and revised forecasts for oil demand.

Sources:

https://www.finanzen.net/nachricht/aktien/zollstreit-als-wendepunkt-aktien-von-alphabet-und-meta-uneins-von-der-leyen-erwaegt-wohl-abgaben-fuer-us-techriesen-14386393

https://www.finanzen.net/nachricht/rohstoffe/goldpreis-und-oelpreis-goldpreis-neues-rekordhoch-bei-ueber-3-200-dollar-das-ist-der-kurstreiber-14375500

"I want to make one thing clear: I cannot predict the short-term movements of the stock market. I have no idea whether shares will rise or fall in a month or a year. What is likely, however, is that the market will rise - perhaps significantly - long before sentiment or the economy improves. So if you're waiting for the robins, spring is already over." Warren Buffet

https://youtu.be/juSk2sFplOM?si=nizGe5IK1TxN0xFT

Meta $META (+1 %)

German Telekom $DTE (-0,12 %) (Here you can get >50% of the shares at a more attractive valuation) $TMUS (+1,17 %) more aggressive investors could bet directly on T-Mobile US 🤷🏼‍♀️)

Netflix $NFLX (+3,84 %)

Which companies do you see as particularly promising for a long-term investment?

It is now slowly becoming clear who has what it takes to make good profits in the coming years.

Here are my top 30 companies by category, which I am particularly looking at in the current crash.

Some are still overvalued, others are already very attractive at the current price level.

Tier 1 (high corporate quality and strong growth)

Airbnb $ABNB (+1,79 %)

Alphabet $GOOGL (+1,42 %)

Amazon $AMZN (+1,99 %)

ASML $ASML (+1,73 %)

Axon $AXON (+0,62 %)

Cadence $CDNS (+5,81 %)

Constellation Software $CSU (+0,91 %)

Crowdstrike $CRWD (+5,92 %)

Fair Isaac $FICO (+0,69 %)

Hermes $RMS (+0,86 %)

Intuit $INTU (+2,95 %)

Intuitive Surgical $ISRG (+3,63 %)

Mastercard $MA (+0,4 %)

Meta $META (+1 %)

Netflix $NFLX (+3,84 %)

Microsoft $MSFT (+1,65 %)

Palantir $PLTR (+3,98 %)

Tesla $TSLA (+0,94 %)

Tier-2 (high business quality and moderate growth)

Booking $BKNG (+1,11 %)

Costco $COST (-0,89 %)

Ferrari $RACE (+3,21 %)

Moody's $MCO (+1,89 %)

MSCI $MSCI (+0,52 %)

Transdigm $TDG (+0,92 %)

Tier-3 (medium / solid corporate quality and strong growth)

Hims & Hers $HIMS (+4,9 %)

Robinhood $HOOD (+4,56 %)

Roblox $RBLX

Shopify $SHOP (+2,42 %)

Spotify $SPOT (+1,94 %)

The Trade Desk $TTD (+5,39 %)

I bought on Friday and am buying again today - even in the course of the next few days and weeks, when we could probably see even lower prices.

Where are you buying?