$MNDY (+2,25%)
$TSN (+0,04%)
$OXY (+0,71%)
$WULF (-2,9%)
$PLUG (+2,51%)
$RKLB (+0,24%)
$CRWV (+2,04%)
$9984 (+5,27%)
$IOS (-1,5%)
$MUV2 (-0,28%)
$SE (+1,29%)
$NBIS (-3,95%)
$RGTI (-4,27%)
$$BYND (+0,64%)
$OKLO
$IFX (+3,51%)
$EOAN (-0,82%)
$TME (+0%)
$VBK (-1,14%)
$HDD (+3,19%)
$ONON (+2,51%)
$JMIA (+2,39%)
$MRX (+1,16%)
$HTG (+0,18%)
$DTE (+0,46%)
$R3NK (+3,27%)
$HLAG (+0,93%)
$JD (+0,78%)
$700 (+0,66%)
$DIS (+0,17%)
$ENEL (-0,76%)
$AMAT (+1,1%)
$NU (-0,3%)
$ALV (+0,87%)
$SREN (-5,99%)
$BAVA (-1,03%)

>> Like, if you want a list like this every week.

MondayAugust 18, 2025:

- 08:00: Germany: Building permits (June) - indicator for construction activity.

- 11:00: Eurozone: Trade Balance (June) - Impact on EUR.

- 12:00: Germany: Bundesbank Monthly Report (August) - Monetary policy assessments.

- 16:00: USA: NAHB Housing Market Index (August) - leading indicator for the real estate sector.

- Corporate figures:

- Australia: BHP Group, annual figures (approx. 22:00).

- USA: Palo Alto Networks, Q4 figures (approx. 22:00).

TuesdayAugust 19, 2025:

- 08:00: Germany: Manufacturing order backlog/reach (June) - industrial activity.

- 10:00: Eurozone: ECB Current Account (June) - impact on EUR.

- 14:30: USA: Building Permits and Housing Starts (July) - housing market and economic sentiment.

- Corporate figures:

- Germany: Ceconomy, Hannover Re, K+S (approx. 07:00-08:00).

- USA: Home Depot, Q2 figures (approx. 12:00).

WednesdayAugust 20, 2025:

- 01:50: Japan: Trade Balance (July) - impact on JPY.

- 08:00: Germany: Producer prices (July) - inflationary pressure.

- 08:00: UK: Consumer prices (July) - signal for BoE policy.

- 16:30: USA: Crude Oil Inventories (week) - impact on oil prices.

- 20:00: USA: FOMC meeting minutes (July 29/30) - Fed interest rate policy.

- Corporate figures:

- Germany: Brenntag, E.ON, Porsche Automobil Holding (approx. 07:00-08:00).

ThursdayAugust 21, 2025:

- 09:15: France: Manufacturing/Services PMI (August, preliminary) - economic activity.

- 09:30: Germany: PMI Manufacturing/Services (August, preliminary) - Economic activity.

- 10:00: Eurozone: PMI Manufacturing/Services (August, preliminary) - Economic activity.

- 10:30: UK: PMI Manufacturing/Services (August, preliminary) - Economic Activity.

- 14:30: USA: Initial Jobless Claims (week) - Labor Market Health.

- 14:30: USA: Philadelphia Fed Business Outlook (August) - Regional Economic Indicator.

- 16:00: USA: Existing Home Sales (July) - Real Estate Market.

- 16:00: Eurozone: Consumer Confidence (August, preliminary) - Consumer Sentiment.

- Corporate figures:

- Germany: Hapag-Lloyd, LANXESS, HHLA (approx. 07:00-08:00).

- UK: Aviva, H1 figures (approx. 08:00).

- USA: Walmart, Q2 figures (approx. 13:00); Intuit, Q4 figures (approx. 22:00).

FridayAugust 22, 2025:

- 02:30: Japan: Jibun Bank PMI Manufacturing/Services (August, preliminary) - economic activity.

- 08:00: Germany: GDP (Q2, 2nd release) - economic activity.

- 08:00: UK: Retail Sales (July) - Consumer Behavior.

- 16:00-18:00 (expected): USA: Fed Chair Powell, speech at Jackson Hole - monetary policy.

- Corporate figures:

- Finland: Fortum, Q2 figures (approx. 08:00).

- Germany: H&R, mobilezone (approx. 07:00-08:00).

#FinX
$BHP (+1,1%)
$HD (+0,67%)
$WMT (+0,63%)
$HLAG (+0,93%)
$PAH3 (+2,52%)
$FORTUM (-1,08%)
$FOJCY
$LXS (+1,65%)
$AV. (+2,03%)

$SZG (+4,62%)
$HYQ (-1,38%)
$ABX (+2,17%)
$BBAI (-2,9%)
$PLUG (+2,51%)
$GPRO (-1,91%)
$TEG (+0,14%)
$1SXP (-4,92%)
$SE (+1,29%)
$ETOR (-0,27%)
$NCH2 (+0,84%)
$TUI1 (+0,28%)
$VWS (+1,08%)
$R3NK (+3,27%)
$EOAN (-0,82%)
$CSCO (+0,54%)
$SLI (-0,68%)
$HFG (+1,08%)
$HTG (+0,18%)
$HLAG (+0,93%)
$TKA (+3%)
$DOU (-0,33%)
$RWE (-0,56%)
$BIRK (+2,52%)
$9618 (+0,7%)
$DE (+0,23%)
$FR (+2,93%)
$NU (-0,3%)

First the new transaction.

$PEP (-1,44%) 2 further shares.

$COLO B (-2,09%) increased by 4 shares and also $KNIN (+0,81%) into the portfolio. In return $HLAG (+0,93%) out soon.

On the actual topic: After I reached my first $SOFI (-0,75%) my first 100% + share, the first 200% share was also reached today with Sofi🎉. Robinhood was close to the 200%, but didn't crack it. Considering that the euro/US dollar exchange rate is now clearly somewhere else, it's considerable either way.

Twelve US states file lawsuits against Trump's tariff policy + Hapag-Lloyd registers cancellations between China and the US + Tonner Drones is pleased to announce a new patent in the US + Aurubis defies Exane downgrade thanks to economic hopes

Twelve US states file lawsuits against Trump's tariff policy

• A dozen US states have filed a lawsuit against President Donald Trump's "unlawful" tariffs at the Court of International Trade in New York.
• With his arbitrarily levied duties, the president has "overturned the constitutional order and plunged the American economy into chaos", according to the lawsuit.
• According to the US Constitution, the power to levy taxes, tariffs and duties lies with Congress, not the President, the plaintiffs argue.
• National trade policy should not depend on his whims.
• The Democratic states of Oregon, Colorado, Connecticut, Delaware, Illinois, Maine, Minnesota, New Mexico, New York and Vermont and the Republican states of Arizona and Nevada have sued.
• Since the tariffs are illegal, the court should overrule them, they demand according to the lawsuit...
• https://www.finanznachrichten.de/nachrichten-2025-04/65194874-zwoelf-us-bundesstaaten-klagen-gegen-trumps-zollpolitik-016.htm

Hapag-Lloyd $HLAG (+0,93%)registers cancelations between China and the USA

• Germany's largest container shipping company Hapag-Lloyd is struggling in the trade dispute between the USA and the People's Republic of China.
• Around 30 percent of bookings from China to the USA have been canceled, a spokesman said on Wednesday.
• At the same time, the shipping company is registering "massive growth" in demand from Thailand, Cambodia and Vietnam...
• https://www.onvista.de/news/2025/04-23-hapag-lloyd-registriert-stornierungen-zwischen-china-und-den-usa-0-20-26381572

Tonner Drones $ALDR (-2,71%)announces that its patent for the inhibitor has been granted in the USA

• Tonner Drones owns the technology for an anti-recoil activation mechanism. The company now holds patents in Australia, the United Kingdom, Europe (including Germany) and the United States of America.
• Tonner Drones is actively seeking IP agencies to commercialize its patents through collaboration or sale of the technology.
• Tonner Drones itself has no ambitions to further develop the product, but sees great value in the patents given the new dynamics in Europe regarding defense spending.

Aurubis $NDA (-1,77%)defies Exane downgrade thanks to economic hopes

• Aurubis shares defied a skeptical analyst commentary from Exane BNP Paribas on Wednesday with a tailwind from economic hopes.
• The copper company's shares had risen by 1.8 percent to 77.20 euros by midday, slightly outperforming the firm MDax.
• The share price benefited from a continued recovery in the price of copper.
• The industrial metal was in demand as economic concerns eased after the US government held out the prospect of some de-escalation in the tariff dispute with China.
• However, Exane-BNP analyst Alan Spence had lowered the price target from 71 to 60 euros, which is more than a fifth below the current price.
• He has accordingly downgraded Aurubis shares to "underperform".
• With a price target of 58 euros, only one analyst, the private bank Hauck & Aufhäuser, is currently more cautiously positioned.
• At the end of March, the Aurubis share price had risen to around 96 euros, its highest level for around two years.
• However, the international trade dispute triggered by the USA then dragged the shares down to just over 71 euros within a few days.
• Economic concerns dampened the expectations of many investors with regard to demand for commodities such as copper and other industrial metals

Thursday: Stock market dates, economic data, quarterly figures

• ex-dividend of individual stocks
• LVMH Moet Hennessy Louis Vuitton EUR 7.50
• ING Group EUR 0.71
• Christian Dior EUR 7.50

• Quarterly figures / company dates USA / Asia
• 07:00 Hyundai quarterly figures sales 1Q
• 07:30 LG Electronics quarterly figures
• 12:00 Pepsico | Comcast | Dow quarterly figures
• 12:30 Merck & Co | Southwest Airlines | Valero Energy | Hasbro quarterly figures
• 12:55 Procter & Gamble quarterly figures
• 13:00 American Airlines | Bristol Myers Squibb Quarterly Results
• 14:00 Delivery Hero Earnings Call
• 15:00 Pfizer | Boeing AGM
• 22:00 Intel | Weyerhaeuser quarterly figures
• 22:05 Alphabet | Verisign quarterly figures
• 22:30 T-Mobile US quarterly figures

• Quarterly figures / Company dates Europe
• 07:00 Kühne & Nagel | Roche | Nokia | BNP Paribas | STMicroelectronic | Vossloh
• 07:00 Renault quarterly figures | Nestle 1Q sales
• 07:30 Air Liquide | Delivery Hero | Sanofi | Orange | KPN quarterly figures
• 07:45 Eni SpA quarterly figures
• 08:00 Unilever Trading Statement 1Q | Relx AGM and Trading Update 1Q
• 10:00 Schaeffle AGM
• 10:30 Nestle Analyst Conference
• 14:00 Delivery Hero Earnings Call
• 14:30 Danone AGM
• 17:45 Vinci quarterly figures | Michelin | Carrefour 1Q sales
• 18:05 Saint-Gobain 1Q sales

• Economic data

10:00 DE: Ifo Business Climate Index April PROGNOSE: 85.1 PREVIOUS: 86.7 Situation assessment PROGNOSE: 85.7 PREVIOUS: 85.7 Business expectations PROGNOSE: 84.5 PREVIOUS: 87.7

12:00 DE: Bundesbank monthly report

14:00 US: ECB Governing Council member Nagel, press breakfast at IMF Spring Meetings

14:30 US: Durable Goods Orders March FORECAST: +1.6% yoy previous: +1.0% yoy | Chicago Fed National Activity Index (CFNAI) March

14:30 US: Initial jobless claims (week) FORECAST: 220,000 Previous: 214,000

15:00 BE: Business Climate Index April FORECAST: n/a previous: -15.1

16:00 US: NAR, Existing Home Sales March FORECAST: -3.8% yoy previous: +2.0% yoy

18:30 US: IMF and World Bank Spring Meetings, G-20 press conference

No time specified:

- BE: EU Commission President Von der Leyen, meeting with UK Prime Minister Starmer

- US: US President Trump, meeting with Norway's Prime Minister Store

Hapag Lloyd now in the portfolio and hopefully it will fall again a bit to buy more (complete the position).

I started to restructure my portfolio at the beginning of the year.

Out went a few underperformers and a partial sale (33%) of Siemens Energy to take some profits.

Now there is still a partial sale of $VUL (+0,79%) as this company currently accounts for 16% of my portfolio and is a very risky bet.

In future, no single stock should account for more than 10%.

My goal for 2025 is to beat the S&P500 again.

Sell:

$LITU (+1,35%) ( - 260€ )

$SBX (-1,08%) ( -330€ )

$NANO (-3,19%) ( -1732€ )

$ENR (+1,03%) ( +1774€ )

Purchase:

$ASML (+1,15%) ( 5x )

$NU (-0,3%) ( 100x )

$HLAG (+0,93%) ( 2x)

Analyst updates, 04.12.

⬆️⬆️⬆️

- BARCLAYS raises the price target for SIEMENS from EUR 125 to EUR 130. Underweight. $SIE (+1,72%)

- BARCLAYS raises the target price for SIEMENS ENERGY from EUR 35 to EUR 36. Equal-Weight. $ENR (+1,03%)

- JEFFERIES raises the target price for ADYEN from EUR 1695 to EUR 1797. Buy. $ADYEN (+0,96%)

- JPMORGAN raises the target price for SALESFORCE from USD 340 to USD 380. Overweight. $CRM (+4,42%)

- HSBC raises the target price for ZALANDO from EUR 37 to EUR 40. Buy. $ZAL (+1,16%)

- JPMORGAN raises the target price for RHEINMETALL from EUR 680 to EUR 800. Overweight. $RHM (+0,78%)

- DEUTSCHE BANK RESEARCH raises the target price for COCA-COLA HBC from GBP 31.50 to GBP 32. Buy. $CCH (+0,38%)

- BARCLAYS raises the target price for KNORR-BREMSE from EUR 55 to EUR 60. Underweight. $KBX (+2,54%)

- BARCLAYS raises the price target for ABB from CHF 40 to CHF 42. Underweight. $ABBNY (-0,16%)

- BARCLAYS raises the price target for ALSTOM from EUR 8 to EUR 9. Underweight. $ALO (+4,05%)

- HSBC upgrades MERCK & CO to Buy. Target price USD 130. $MRK (-0,23%)

- JPMORGAN raises the target price for DSV from DKK 1685 to DKK 1800. Overweight. $DSV (+0,84%)

- JPMORGAN raises the target price for LUFTHANSA from EUR 4.80 to EUR 5.50. Underweig$LHA (+0,17%)

- UBS raises the target price for AROUNDTOWN from EUR 2 to EUR 3.30. Neutral. $AT1 (+0,51%)

⬇️⬇️⬇️

- JPMORGAN lowers the target price for DHL GROUP from EUR 47 to EUR 42.50. Overweight. $DHL (+0,25%)

- WARBURG RESEARCH lowers the target price for UNITED INTERNET from EUR 38.50 to EUR 37.30. Buy. $UTDI (-0,99%)

- WARBURG RESEARCH lowers the target price for 1&1 from EUR 23.50 to EUR 19.10. Buy. $1U1 (-0,62%)

- WARBURG RESEARCH lowers the target price for KWS SAAT from EUR 89 to EUR 88. Buy. $KWS (+0,9%)

- DEUTSCHE BANK RESEARCH downgrades HEINEKEN from Buy to Hold and lowers target price from EUR 95 to EUR 76. $HEIA (-0,42%)

- EXANE BNP lowers the price target for SCHOTT PHARMA from EUR 36 to EUR 28. Neutral. $1SXP (-4,92%)

- BARCLAYS downgrades SIGNIFY to Underweight. Target price EUR 18. $LIGHT (+1,46%)

- CFRA downgrades BRISTOL-MYERS SQUIBB to Hold. Target price USD 60. $BMY (+0,38%)

- MORGAN STANLEY downgrades MOLLER-MAERSK to Underweight. Target price DKK 12200. $AMKBY (+0,56%)

- BARCLAYS downgrades ANDRITZ to Underweight. Target price EUR 40. $ANDR (+1,36%)

- JPMORGAN lowers the price target for HAPAG-LLOYD from EUR 85 to EUR 80. Underweight. $HLAG (+0,93%)

Analyst updates, 15.11. 👇🏼

⬆️⬆️⬆️

- JEFFERIES raises the price target for ASML from EUR 760 to EUR 840. Buy. $ASML (+1,15%)

- RBC raises the price target for TESLA from USD 249 to USD 313. Outperform. $TSLA (+0,17%)

- JPMORGAN raises the price target for WALT DISNEY from USD 125 to USD 128. Overweight. $DIS (+0,17%)

- JPMORGAN raises the price target for SIEMENS from EUR 215 to EUR 230. Overweight. $SIE (+1,72%)

- BARCLAYS raises the target price for SIEMENS ENERGY from EUR 21 to EUR 35. Equal-Weight. $ENR (+1,03%)

- LBBW raises the target price for EON from EUR 13.80 to EUR 13.90. Buy. $EOAN (-0,82%)

- HAUCK AUFHÄUSER IB raises the target price for ADESSO from EUR 80 to EUR 85. Hold. $ADN1 (+0,16%)

- DEUTSCHE BANK RESEARCH raises the target price for BURBERRY from GBP 7.40 to GBP 8.60. Hold. $BRBY (+2,52%)

- BERENBERG raises the price target for TALANX from EUR 76.20 to EUR 91.10. Buy. $TLX (-0,73%)

- BERENBERG raises the price target for HAPAG-LLOYD from EUR 163 to EUR 169. Hold. $HLAG (+0,93%)

⬇️⬇️⬇️

- JPMORGAN lowers the price target for BAYER from EUR 34 to EUR 25. Neutral. $BAYN (-0,59%)

- SANTANDER downgrades SHELL from Neutral to Outperform and lowers target price from GBP 30.50 to GBP 30. $SHEL (-0,88%)

- WARBURG RESEARCH lowers the price target for SECUNET from EUR 216 to EUR 210. Buy. $YSN (-0,05%)

- METZLER lowers the price target for SIXT-STÄMME from EUR 105 to EUR 95. Buy. $SIX2 (+0,35%)

- ODDO BHF lowers the target price for MERCK KGAA from EUR 187 to EUR 176. Outperform. $MRK (-0,23%)

- METZLER lowers the price target for SMA SOLAR from EUR 20 to EUR 16. Hold. $S92 (-2,49%)

- DEUTSCHE BANK RESEARCH lowers the price target for GRENKE from EUR 28 to EUR 24. Buy. $GLJ (+1,82%)

- BERENBERG lowers the target price for K+S from EUR 15.70 to EUR 14.70. Buy. $SDF (+3,13%)

- BERENBERG lowers the price target for AUMANN from EUR 17 to EUR 14.50. Hold. $AAG (+0,56%)

- BERENBERG lowers the price target for DERMAPHARM from EUR 58 to EUR 50. Buy. $DMP (+0,26%)

- BARCLAYS lowers the price target for SYMRISE from EUR 123 to EUR 115. Equal-Weight. $SY1 (+1,21%)