Which German shares did you buy and how did they perform?#dax
#dax40
#deutschland
$SAP (+2,17 %)
$RHM (+1,2 %)
$MUV2 (+4,59 %)
$ALV (+0,95 %)
$ADS (+3,69 %)
$DE000A0PNN47
$VOW (-0,1 %)
$MBG (-0,08 %)
$P911 (-2,59 %)
$PAH3 (-1,16 %)
$BMW (+0,5 %)
$DTE (-1,51 %)
$DHL (-0,91 %)
$DB1 (+0,69 %)
$DBK (+0,11 %)
$RHM (+1,2 %)
$AIR (+0,82 %)
$LYY7 (+0,87 %)

Broaden your portfolio to reduce risk? Tradingview Indicator

Who hasn't experienced this? You think you're diversifying with a new asset, only to realize that it's actually very similar to the rest of your portfolio. This doesn't create a real diversification effect, it's just packaged differently and you have almost the same exposure.

This is where my indicator comes in. It shows you how strongly your current chart (you can use just about anything here: from individual stocks like $PLTR (+2,35 %) to ETFs like $IWDA (+0,11 %) , bonds, crypto, commodities, economic data, etc.) with key markets such as the S&P500 $VUSA (+0,21 %) , the Nasdaq $CSNDX (+0,56 %) , the Russell2000 $XRS2 (-0,36 %) , the Dax $LYY7 (+0,87 %) , China $CNUA (-0,24 %) , gold $GOLD silver $PHAG (+0,29 %) , bonds or the cryptocurrency $BTC (-0,93 %) correlated. This allows you to immediately recognize whether a supposed addition to the portfolio actually changes anything or is basically just a clone of what you already have. Let's take an example: You think you are creating a counterweight to Europe with China, but you realize from the correlation that both markets are moving almost in sync. So you know that this "diversification" is of little use. Apart from the fact that Europe and China generally haven't done much for a long time, haha.

The interpretation of the values is relatively simple. High correlations (close to 1) indicate similar price trends, negative ones indicate opposing trends, and values around zero indicate that there is no clear connection. Bear in mind, however, that correlation is not the same as causality and often only shows indirect relationships. Moreover, historical correlation is no guarantee of future patterns. Nevertheless, this view helps to uncover possible misconceptions and develop more targeted diversification strategies to make your portfolio more resilient. The +/- ratio can now also be taken into account. This is because it often happens that one and the same asset correlates very differently with each other in different phases - sometimes very positively, sometimes very negatively. As a result, the average value can provide a misleading picture. The stronger these fluctuations are, the more percent of the time it is positively or negatively correlated. This is therefore an additional indicator to check how meaningful the average correlation actually is. So + value is the time where the correlation is positive in % etc.

Still to be optimized, that the correlation is not currently limited to certain time periods. For example, if you want to look at the relationship between MicroStrategy $MSTR (-1,32 %) and Bitcoin in isolation would have to exclude earlier phases in which MicroStrategy was still a real business and not a "leveraged closed commodity fund" as it is now. In addition to the ATH delta filter, I also plan to incorporate a moving average (MA) as a further trend filter. In the long term, I would like to integrate even more markets, for example emerging markets or non-USD bonds, in order to paint a truly comprehensive picture.

The correlation with interest rate expectations I have used $SHY (short-term government bonds) and $TLT (long-term government bonds). If the SHY falls, the market assumes that interest rates will rise over the next two years. In the case of TLT, this expectation relates to around 16 years and is effectively "leveraged" by the term. If the asset you have shows a high correlation to the SHY, it means that it is relatively sensitive to interest rates (like almost everything). But that would be too much to explain in detail. What is clear, however, is that interest rates play a major role for equities, especially for the Russell 2000, where many smaller, unprofitable companies benefit from low interest rates, as do mining companies with high levels of debt, for example. Of course, it is not the only correlation, but it is an important factor.

• Which other markets or assets would you include to bring more clarity to your analysis?
• Does the indicator even make sense?
• And is there anyone here with a statistical background who would like to go through the code to make sure that everything is calculated correctly or how it could be done better?

I don't know if this is an affiliate link, but don't think so anyway: this is advertising

https://www.tradingview.com/script/kRCxLnhY-Asset-Correlation-Check/

Many warn of a second Trump presidency. Here is the performance since his first election victory in November 2016 🗳🇺🇸🦅📈

+9,600% Bitcoin

+309% Nasdaq 100

+174% S&P 500

+135% Dow Jones

+125% Gold

+117% MSCI World

+88% DAX

+88% Silver

+65% Euro Stoxx 50

+55% Euro Stoxx 600

+32% MSCI Emerging Markets

#trump
$CSNDX (+0,56 %)
$EXXT (+0,53 %)
$QYLE (-0,83 %)
$LYY7 (+0,87 %)
$BTC (-0,93 %)
$ABX (+0,69 %)
$GOLD (+0,07 %)
#crypto
#krypto
#usa
$MSTR (-1,32 %)
$COIN (-1,64 %)
$NVDA (+4,62 %)
$MSFT (+1,05 %)

Share of companies in the development of the DAX

34.8% SAP $SAP (+2,17 %)

13.1% Allianz $ALV (+0,95 %)

10.9% Munich RE $MUV2 (+4,59 %)$MURGY

10.2% Deutsche Telekom $DTE (-1,51 %)

7.3% Rheinmetall $RHM (+1,2 %)

5.2% Siemens Energy $ENR (+6,94 %)

5.1% Adidas $ADS (+3,69 %)

3.6% Deutsche Bank $DBK (+0,11 %)

9.8% remaining 32 shares together

>> Which ones are you invested in?

Source: HQ Trust Research, as of August 2024

$LYY7 (+0,87 %)
$DAX
$GDAXI
$EXS1 (+0,89 %)
$EXIC (+0,9 %)
#dax
#deutschland

Week in review 28.09.

New all-time highs for DAX, Dow Jones, S&P 500, Gold, GE Vernova, Meta, Netflix, SAP, Vistra Corp, Walmart 👑🥇 $LYY7 (+0,87 %)
$CSPX (+0,21 %)
$ABX (+0,69 %)
$GEV (+1,01 %)
$META (+0,85 %)
$NFLX (+1,28 %)
$SAP (+2,17 %)
$VST (+4,25 %)
$WMT (+0,04 %)

New 52-week highs for 3M, Air Products, Alibaba, Arista Networks, Barrick Gold, Bank of Nova Scotia, BlackRock, Caterpillar, Constellation Energy, DuPont, HSBC, Infosys, Live Nation, McDonald's, Palantir, PayPal, Public Storage, Royal Bank of Canada, Royal Caribbean, Sea Ltd, Spotify, Tangier 💵📈 $PLTR (+2,35 %)
$9988 (-0,76 %)
$BABA (-0,61 %)
$BLK
$CAT (-0,13 %)
$BNS (+0,46 %)
$STZ (+0,62 %)
$DD (+0,43 %)
$HSBA (-0,6 %)
$HSBC (-0,71 %)
$INFY
$LYV (+0,24 %)
$MCD (+0,06 %)$PUB
$PUB
$RCL (-0,51 %)
$SEA (+0 %)
$SKT (+0,52 %)

Bitcoin with new 1-month high, +22% in three weeks since the low on 07.09. from 52k$ to 66k$, +150% in 12 months📉📈 $BTC (-0,93 %)

PayPal's own stablecoin PYUSD (crypto) is growing strongly and is now one of the top 100 cryptos by market capitalization at 95th place 💰 $PYPL (-1,19 %)

Palantir with inclusion in the S&P 500 on Monday #PLTRgang 🤜🤛👊✊ $PLTR (+2,35 %)

Uber is working with Google's Waymo (Alphabet) and wants to offer robotaxis for a surcharge 🚗🤖 $UBER (+0,67 %)
$GOOGL (-1 %)
$GOOG (-1,03 %)

After the ECB and FED, China has also turned on the money printer *brrr brrr*, plus a big economic stimulus program, China stocks therefore have their best week in 10 years, car and luxury stocks with Chinese business are therefore rising 🖨🇨🇳 $MC (+2,03 %)
$P911 (-2,59 %)
$BMW (+0,5 %)
$MBG (-0,08 %)

AMD CEO and Nvidia CEO confirm continued high demand for AI chips 🧠🤖, Nvidia CEO does not want to sell any more of his own shares for the time being. $AMD (+0,98 %)
$NVDA (+4,62 %)

Upcoming Playstation 6 with AMD chip again, but AMD will leave the high-end graphics card market for PC gamers and try to scale more strongly in the mid and lower segments. Nvidia would then have a monopoly 🎮 $SONY (+0,25 %)
$6758 (+0,14 %)

Super Micro suspected of accounting fraud. US justice is apparently already investigating according to an insider, -62% share price in three months 🔍👮 $SMCI

AI needs a lot of electricity and nuclear power plants are being reactivated in the USA. In Germany, it's the other way around due to the world's stupidest energy policy. US electricity provider shares, uranium mines - shares and ETFs are rising. ⚛️⚡️ (see podcast episode 57 "Buy High. Sell Low." pinned to my profile at the top) $URNM
$URA (+1,29 %)
$UEC (+0,4 %)

Micron with good quarterly figures and +13% share price, semiconductor stocks rally 💻📈 $MU (+0,56 %)

Costco - quarterly figures mixed, EPS exceeds estimates but sales worse than expected, share price falls slightly 🛒 $COST (-0,06 %)

McDonald's increases quarterly dividend by 6% to 1.77$. Since the first dividend payment in 1976, the payout has been increased 48 years in a row. 🍟🍔 $MCD (+0,06 %)

Investigation initiated against Visa 💳 and SAP 💻 in the USA for illegal price fixing $V (-0,12 %)
$SAP (+2,17 %)

Oil price falls again, Shell & Co. on the way to 1-year low 🛢⛽️ $SHEL (+0,35 %)
$GB00B03MM408
$RDS.A

Meta releases VR glasses Quest 3s for €330 from 15.10.24 📱👓

Intel launches AI accelerator "Gaudi 3" as an alternative to Nvidia's H100. IBM, Google & Dell as first customers. 🧠 $INTC (-1,13 %)

US debt level climbs above 35 trillion dollars for the first time 🖨💵

Ubisoft share price collapses due to postponement of "Assassin's Creed: Shadows", -70% 1-year performance 🎮📉 $UBI (-1,49 %)

DHL raises outlook / growth forecast until 2030 and increases letter postage by 10.5% in Germany from 2025 📦✉️📯 $DHL (-0,91 %)

BASF struggles with high energy prices and weak demand, threat of plant closure and dividend cut 🇩🇪📉 $BAS (-0,7 %)

Adidas (+28%) significantly better than Nike (-18%) since the beginning of the year ⚽️🏀👟 $ADS (+3,69 %)
$NKE (+0,15 %)

Takeover poker at Commerzbank by Ital. Unicredit continues 🏦🇮🇹🇩🇪 $CBK (-1,1 %)
$UCG (-0,27 %)

Jefferies issued a buy recommendation for BioNTech and sees the antibody BNT327 against cancer as a potential massive sales driver. 👨‍⚕️⚕️💊 $DE000A0V9BC4

Mutares -14% because shortseller Gotham City raises serious allegations against the SDAX member: Ponzi scheme, false accounting and circular business model 🔍👮 $MUX (+0,29 %)

>> If you want to read a review like this every week, leave a like & subscribe. What important news have I forgotten? 👍❤️

DAX breaks 19,000 points for the first time today. New all-time high. +21% in 12 months. 🇩🇪📈💶👑🏆🥇 #dax
$GDAXI
$DBXD (+0,9 %)
$LYY7 (+0,87 %)
$DAX

Hi, I've been investing in funds since 2010 and have gambled a bit on the stock market from time to time, which always went well, except for this January when I took a dive into the toilet, well, that's part of it, I'd say. Since November 2023, I've been thinking that maybe I should stop gambling and build up something solid and long-term via a savings rate. (even though I hit the wall in January)

Now I have opened 2 brokers TR and Finanz.Zero

In TR (€ 238 per month) I wanted to save in individual shares and in FZ - ETF's (€ 225 per month) my funds continue to run in parallel with € 150 per month and then there is another € 200 per month on the call money account. Monthly investment of € 813

Now I've thought about the following and wanted to ask you for your opinion:

TR (admittedly it's a bit like gambling again :) )

$BAYN (-2,87 %) 12€ per week

$KO (-0,16 %) 12€ wö.

$AMZN (+0,73 %) 50€ monthly

$IFX (-0,39 %) 12€ weekly

$PYPL (-1,19 %) 12€ weekly

FZ

$XAIX (+0,74 %) 75€ monthly

$LYPS (+0,2 %) 50€ per month

$LYY7 (+0,87 %) 25€ per month

$BITC (-2,07 %) 50€ per month

$EXSH (-0,2 %) 25€ per month

DeKa

DekaFonds CF DAX $n/a perf. 18.59%

Deka-GlobalChampions CF $n/a perf. 32.78% (since 2018)

In addition, I am currently undecided whether I should liquidate the funds and rather invest in the ETFs because of the lower fees or leave the ETFs.

What do you think? Investment horizon, there is no concrete one, the €800 a month doesn't hurt me and I would only spend it on nonsense anyway.

Fun fact of the day:

German leading index DAX makes new ATH. $LYY7 (+0,87 %)

Emerging markets small caps make new ATH. $SPYX (-0,21 %)

Does anyone see a connection? 😅

small loss, reallocation to the MSCI World