NAGA

20.09.204

Major expiry day today (witches' Sabbath) + US interest rate cut drives DAX above 19,000 points + Amazon employees to receive Prime membership + NAGA with the first Telegram-integrated trading app

With a strong jump upwards, the DAX said goodbye to trading on Thursday. The joy over the major interest rate cut by the US Federal Reserve even drove it well above the 19,000 mark and thus to a new all-time high. The DAX40 closed 1.6 percent higher at 19,002 points. The rally extended across the entire market. With the exception of utilities, real estate and telecom stocks, which had already rushed ahead, all sectors rose.

This is the big expiry day

Four times a year, there is a big expiry day on the stock markets. This is the third Friday in March, June, September and December. On these days, many contracts expire on the futures exchanges. At Eurex, for example, these are options on the DAX index and on individual stocks. The major expiry date falls on the same day on all major exchanges in the world. This means that options contracts on other indices, such as the Dow Jones, and on individual stocks in the USA also expire. Futures also expire. This is why these days are the "big expiry days". This up and down around the expiry date is like a witch dancing on her broom. This is why the big expiry day is also known as the witches' Sabbath.

Amazon's $AMZN (+1,66%) shares rose by 1.9% after the online retail giant announced its plans to increase wages for fulfillment and transportation workers by USD 1.50 per hour while adding Prime membership to its benefits package.

The NAGA Group AG $NGC (-3,54%) provider of the all-in-one financial SuperApp NAGA, launches the first trading app fully integrated into the Telegram ecosystem - an innovative move with the potential to change the way private investors interact with the financial markets. This gives NAGA access to the 950 million Telegram users in one fell swoop, positioning it to monitize a huge untapped audience. This move establishes The NAGA Group as a pioneer in a new area and opens up significant potential for user growth and resulting revenues.

Friday: Stock market dates, economic data, quarterly figures

Major expiry day

ex-dividend of individual stocks

CIE Financiere Richemont 2.75 CHF

Royal Caribbean Cruises USD 0.40

Economic data

• 08:00 DE: Producer prices August FORECAST: 0.0% yoy/-1.0% yoy previous: +0.2% yoy/-0.8% yoy | Housing prices (house price index) September
• 08:00 UK: Retail sales 2nd quarter FORECAST: +0.4% yoy/+1.3% yoy previous: +0.5% yoy/+1.4% yoy
• 08:45 FR: Business Climate Index September FORECAST: 98 previous: 99
• 12:00 DE:
  Expiry futures and options STOXX family (Eurex)
• 13:00 DE: Expiry DAX futures and options (Eurex)
• 13:00 DE: Expiry TecDAX futures and options (Eurex)
• 16:00 EU: Eurozone Consumer Confidence Index (flash estimate) September FORECAST: -13.3 previous: -13.5
• 17:20 DE:
  Expiry SMI future (Eurex)
• 17:30 DE: Expiry equity options (Eurex)
• 21:15 US: Expiry e-mini Nasdaq future | e-mini S&P future

Hello dear getquin community!

I've been reading along for a while now and have been adding my two cents on a few topics. Now it's time to introduce myself and get the hate for my portfolio :P

I'm Daniel, married and I'm now 35 years old. I live with my wife in our detached house, which we bought in 2019. Yield technically not the nicest (420,000€ loan). But it has other advantages that are very important to us.

I found my way to the stock market on my own. Unfortunately, shares were a red rag for my parents. They didn't even know about ETFs. As a result, I spent my youth with a savings account from the Volksbank and then bought expensive UnionInvestment funds. A little later, they became just as expensive Deka funds.

I've only been on the stock market for about 3 years now and have done pretty much everything wrong that you can do wrong. Bought blindly, got in too late after the party was already over, completely mispriced, played with warrants and even bought Dubai Flo shares as the cherry on the cake xD

I still have this position in my portfolio as a reminder! $NGC (-3,54%) -57%

I sold the rest over time and got rid of everything that was way down and/or that I had no idea about.

What was the result?

Exactly a catastrophically bad portfolio, which was about 20% in the red. I am all the more satisfied to have turned the 20% minus into a reasonable plus. Although I have to admit that last year helped a lot. It was hardly possible to lose money in 2023 :)

Incidentally, all my funds went into the ETFs, the rest of my assets went towards the ancillary costs of the house and wedding - around €65,000.

I buy individual shares in small tranches or savings plans. My fixed savings amount is unfortunately only €180 per month. Why so little? My wife also has a custody account and invests for herself. There are also reserves for the house, which are completely separate from the investment, so a lot goes in here. The savings bank receives €1300 from us every month. So my portfolio is still quite small. My goal for this year is to break through the €10,000 mark.

My smallest positions are freshly set up savings plans...

$AAPL (+1,12%)

$MCD (-0,15%)

$JNJ (+0,71%)

$PG (+0,1%)

$IBE (+0,23%) is hardly the best rocket in the portfolio, but it has a very special value for me. I evaluated this company completely independently on a fundamental basis, which was the foundation stone for my new start.

My next goal is to get to grips with technical analysis. At the moment, however, I still have 3 general books ahead of me.

Thank you very much for taking the time to read my introduction.

If you have any questions or criticism, please feel free to contact me.

With best regards, Daniel

Finally, the most interesting thing, my portfolio.