What a turbulent week on the stock market, I had to buy more 😅 How are things looking for you?

$KLAC (+0,46%)
$ADBE (+1,44%)
$SIKA (-2,18%)
$HOLN (-0,73%)
$MBG (-0,07%)
$CVX (+0,4%)
$MRNA (-1,12%)

The oil market is facing a potential surplus, as both the USA and China are increasing their production and demand is falling short of expectations. Analysts warn that an oversupply could put further pressure on prices, especially if China's economy does not recover as hoped. The dynamic could present OPEC+ with new challenges to maintain market stability.

You can find more information in the article on Business Insider.

The news is based on what I personally consider to be reputable sources. However, I do not guarantee their accuracy. No investment advice. Follow me for more updates!

$SHEL (-0,74%)
$CVX (+0,4%)
$XOM (-0,4%)
$OXY (+5,16%)

The International Energy Agency (IEA) is forecasting an oversupply on the oil market for 2025. The reason for this is the planned expansion in production, while demand growth is slowing down. Rising capacities in the USA and countries such as Brazil and Guyana in particular could push supply above the level of global demand. According to the IEA, these developments could stabilize oil prices or even put them under pressure.

Personal opinion:

The election of Donald Trump is also a big factor that could put a lot of pressure on oil prices. With the oil price already weak, Trump has announced that he will boost oil production during his candidacy. To me, that sounds more like oil prices will continue to fall.

$SHEL (-0,74%)
$CVX (+0,4%)
$OXY (+5,16%)
$BP. (-0,03%)

Source:

https://www.reuters.com/business/energy/iea-sees-2025-oil-market-supply-surplus-2024-11-14/

The news is based on what I personally consider to be reputable sources. However, I do not guarantee their accuracy. No advice.

Which energy suppliers or oil and gas industry companies are you invested in, and which are still worth investing in now? $XOM (-0,4%)
$CVX (+0,4%)

So and a little tidying up again... But without additional purchases... I don't really know where it's worthwhile right now. I'll end up putting everything into an ETF :D The state coffers will be happy - but I'm happy to do something for the non-existent government ;)

Out are:

$VICI (-0,32%) and $O (+1,22%) half each

$CVX (+0,4%) - bought a week before the election

$TSLA (-4,58%) - bought a week before the election

$SFM (-2,81%) - Thank you @Simpson for the great share. I had seen it at some point in your SparplanDepot and saw how well it was doing, so I got in at some point.

Analyst updates, 04.11.

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- BERENBERG raises the target price for SHELL from GBP 31 to GBP 31.50. Buy. | $SHEL (-0,74%)

- BERENBERG raises the price target for MTU from EUR 270 to EUR 350. Buy. | $MTX (-0,47%)

- BRYAN GARNIER raises the price target for HELLOFRESH from EUR 8.50 to EUR 10. Neutral. | $HFG (+0,69%)

- DEUTSCHE BANK RESEARCH raises the price target for SCOUT24 from EUR 84 to EUR 92. Buy. | $G24 (+0,54%)

- DEUTSCHE BANK RESEARCH raises the price target for SANTANDER from EUR 5.75 to EUR 5.80. Buy. | $SAN (-1,05%)

- RBC raises the target price for NEXT PLC from GBP 105 to GBP 108. Sector Perform. | $NXT

- UBS raises the price target for CHEVRON from USD 192 to USD 194. Buy. | $CVX (+0,4%)

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- UBS lowers the price target for BERKSHIRE HATHAWAY from USD 806.724 to USD 796.021. Buy. | $BRK.B (+0,07%)

- CITIGROUP lowers the price target for STMICRO from EUR 36 to EUR 30. Buy. | $STMPA (-0,02%)

- JPMORGAN lowers the price target for ASM INTERNATIONAL from EUR 806 to EUR 716. Overweight. | $ASM (+2,02%)

- RBC downgrades CARL ZEISS MEDITEC from Outperform to Sector-Perform and lowers target price from EUR 85 to EUR 70. | $AFX (+0,2%)

- WARBURG RESEARCH lowers the price target for KION from EUR 65 to EUR 58. Buy. | $KGX (+0,89%)

- ODDO BHF downgrades JENOPTIK from Neutral to Outperform and lowers target price from EUR 32 to EUR 30. | $JEN (+0,81%)

- ODDO BHF lowers the price target for AIXTRON from EUR 22 to EUR 21. Outperform. | $AIXA (+0,02%)

- ODDO BHF lowers the price target for FIELMANN from EUR 45.70 to EUR 44.60. Neutral. | $FIE (-0,67%)

- HAUCK AUFHÄUSER IB lowers the price target for KNORR-BREMSE from 65.50 EUR to 63.60 EUR. Sell. | $KBX (+0,91%)

- GOLDMAN downgrades STANDARD CHARTERED to Neutral. Target price GBP 9.37. | $STAN (-1,81%)

- GOLDMAN lowers the price target for GENERALI from EUR 31.50 to EUR 30.50. Buy. | $G (-0,26%)

- GOLDMAN lowers the price target for PHILIPS from EUR 35 to EUR 32. Buy. | $PHIA (-0,25%)

Warren Buffett and Berkshire Hathaway $BRK.B (+0,07%) currently hold Apple shares
$AAPL (+1,34%) worth about 69,9 billion US dollars (as at the end of the 3rd quarter), compared with a previous value of 84,0 billion US dollars.

The cash position at the end of the third quarter amounted to 325,2 billion US dollars, a new all-time high, up from 276,9 billion US dollars at the end of the second quarter.

The Apple share rose by 10.75 % in the third quarter.

If Buffett had not sold any Apple shares during the quarter, his position would now be around 93,3 billion US dollars.

At the end of the third quarter, the largest equity holdings Warren Buffett and Berkshire Hathaway were as follows:

-25,7 % - Apple
$AAPL (+1,34%)(compared to 29.6% at the end of Q2)

-15,1 % - American Express
$AXP (+0,33%)

-11,7 % - Bank of America
$BAC (+1,1%)

-10,6 % - Coca-Cola $KO (-0,4%)

-6,4 % - Chevron
$CVX (+0,4%)

Photo: Bloomberg

Chevron
$CVX (+0,4%) has just announced its quarterly figures.

The earnings per share (EPS) amounted to $2,51 and exceeds expectations of $2,43.

Turnover amounted to $50,67 billion and is also above expectations of $48,99 billion.

Photo: Tim Stanley