Earnings next week 🗓️

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$FL (+0,98%) I just went shoe shopping with my daughter.

Sales are now popping up like this - anyone who is not invested now...

And pays with $V (-6,9%)

🤣🤣📈

As every Sunday, the most important news of the last week and the dates of the coming week.

Here are the dates of the coming week:

https://youtube.com/shorts/xwA7DCnogM4?si=VWzzbPzr4BMTQGHj

Monday:

#china Lowers interest rates on one of the central bank's interest rate lines. The one-year loan now costs 3.45% interest instead of 3.55%. China is trying to stimulate the economy with this. The real estate sector in particular is expected to benefit from lower interest rates.

https://www.bbc.com/news/business-66567085.amp

$PANW (-6,21%) Palo Alto Networks can surprise the stock market with strong figures. The cybersecurity provider increased sales by 26%. In addition, there was a positive outlook for the full year.

https://www.deraktionaer.de/artikel/aktien/an-diesem-aktionaer-cybersecurity-tipp-fuehrt-kein-weg-vorbei-20337977.html

Good omen for #inflation producer prices fall for the first time since 2020. Producer prices are seen as a harbinger of actual inflation; if producers produce more cheaply, this also depresses the inflation rate in the future. Compared with the previous year, producer prices have fallen by 6.0%, significantly more than the assumed 5.1%.

https://www.handelsblatt.com/politik/konjunktur/nachrichten/konjunktur-erzeugerpreise-fallen-erstmals-seit-ende-2020/29343326.html

According to a Bundesbank report, the economic situation in Germany remains tense. There will probably be a 0 round in the 3rd quarter as well, meaning no growth.

https://app.handelsblatt.com/finanzen/geldpolitik/monatsbericht-deutsche-wirtschaft-wird-im-sommer-wohl-ebenfalls-nur-stagnieren/29344192.html

Tuesday:

$F3C (-11,16%) SFC Energy remains the big hope in our moonshot portfolio. The figures were above expectations. Second quarter sales grew 46%. The guidance for the full year is increased.

https://www.finanzen.net/nachricht/aktien/gute-geschaefte-sfc-energy-aktie-gibt-vorboerslich-gas-sfc-energy-nach-umsatzsprung-optimistischer-12757967

$COTY (-2,34%) Coty, which produces, among other things, perfumes for luxury labels, reports significant growth. Sales increased by 16%. However, profit was below expectations due to higher costs.

$9888 (-7,66%) Baidu performs better than expected. The Chinese equivalent of Google increases advertising revenues by 15%.

The construction manufacturer $STO3 (-8,86%) Sto lowers its forecast. Due to poor weather conditions, among other things, full-year sales will probably be slightly lower.

Monday evening $ZM (-7,2%) Zoom still presented figures above analysts' expectations.

https://app.handelsblatt.com/unternehmen/industrie/-geschaeftszahlen-im-newsblog-rabatte-lassen-macys-gewinn-einbrechen/24098412.html

Wednesday:

On average, a bank account in Germany costs 100 euros per year, according to a study. Although there is interest again almost everywhere, but not on the current account.

https://app.handelsblatt.com/finanzen/banken-versicherungen/banken/banken-banken-erhoehen-gebuehren-weniger-gratiskonten/29348194.html

Poor purchasing managers' index figures, a clear signal of recession. The index plummeted to 44.7 points. Expected was only a decline to 48.3 points. In particular, the service sector sags more than expected, so far poor industrial data could be compensated here.

https://deutsche-wirtschafts-nachrichten.de/705530/deutsche-wirtschaft-im-august-auf-rasanter-talfahrt

At $FL (+0,98%) Foot Locker is currently not doing so well. Dividend and outlook are being lowered.

https://www.t-online.de/finanzen/boerse/ticker/aktien-im-fokus-foot-locker-belastet-kurse-von-adidas-puma-und-nike/0DAE2E00BA467D5B/

$NVDA (-7,25%) Nvidia does not disappoint, figures and outlook are above expectations. Sales increased year-on-year from USD 6.7 billion to USD 13.5 billion.

https://www.finanzen.net/nachricht/aktien/bilanz-vorgelegt-nvidia-aktie-zuendet-an-der-nasdaq-nachboerslich-erneut-den-turbo-nvidia-mit-gewinnsprung-erwartungen-uebertroffen-12757955

Thursday:

The BRICS states expand by 6 countries. This also increases the economic power and global influence, the declared goal is to form a counterpole to the G7. Through the merger, the interests of the member countries should be better enforced. Brazil, Russia, India, China and South Africa are now joined by Iran, Saudi Arabia, the UAE, Egypt, Ethiopia and Argentina.

https://www.handelsblatt.com/politik/international/staatenbund-brics-staaten-beschliessen-erweiterung-um-sechs-laender/29351372.html

$CEVMY (-4,5%) CTS Eventim is benefiting from the event boom. The ticket marketer broke the billion mark in the first half of the year and reported a 39% increase in sales.

https://app.handelsblatt.com/unternehmen/industrie/-geschaeftszahlen-im-newsblog-gewinnsprung-bei-cts-eventim/24098412.html

Friday:

Inflation is also coming back in Japan 🇯🇵. The increase was still at 2.8% year-on-year. The expected figure was 2.9%. The whole thing is remarkable, because the Japanese central bank has changed virtually nothing in the interest rate level.

https://www.n-tv.de/wirtschaft/der_boersen_tag/Inflation-in-Japan-verlangsamt-sich-weiter-article24349602.html

According to new figures, Germany's GDP neither grew nor shrank in the second quarter. Economic output stagnated. This means that we have experienced three quarters in a row without growth.

https://www.handelsblatt.com/politik/konjunktur/nachrichten/konjunktur-keine-rezession-mehr-aber-die-euro-zone-haengt-deutschland-ab/29349782.html

Short squeeze at $VFS (-2,7%) Vinfast, the manufacturer from Vietnam 🇻🇳 is trying its hand as an electric car manufacturer and is considered an industrial hope in the country.

https://www.deraktionaer.de/artikel/mobilitaet-oel-energie/stellt-dieses-e-auto-start-up-bald-alle-in-den-schatten-20338318.html

Powell emphasizes at the Jackson Hole meeting that there could be another interest rate hike, but that they want to proceed 'cautiously'. Basically, nothing new in the communication. The market is sold off a bit, it was probably hoped that interest rate cuts would also be discussed.

https://stock3.com/news/fed-chef-powell-sind-vorsichtig-bei-weiteren-zin-12954987

These are the most important dates of the coming week:

Monday: 03:30 Retail Sales (AUS)

Tuesday: 15:00 Housing Price Index (USA)

Wednesday: 14:00 Inflation data (DE)

Thursday: 11:00 Inflation data (EU)

Friday: 03:45 Caixin Production (China)

HOLY. SHIT.

I dodged a bullet. Sold yesterday with -10%, currently it would be -46% (!)

Proof picture for those who don't believe my timing: https://imgur.com/a/jEWteHn

I can't believe how lucky I was. Sold Foot Locker yesterday because it briefly slipped below support, because I didn't necessarily want to hold through earnings and because I'd rather buy more CROX. In hindsight a VERY smart decision, uff.

https://www.tradingview.com/x/gFjWgo4X/

Absolutely bullish chart, textbook. Perfect double bottom formed, the two green arrows mark the low, double bottom confirmed with yesterday's candle, now rising again.

Bought in the pre-market and it is shooting straight up. Significantly higher prices possible with the setup. If it also cracks $49 there is room up to $56 which would be 20%.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝗖𝘂𝗿𝗲𝘃𝗮𝗰 𝗺𝗶𝘁 𝗩𝗲𝗿𝗹𝘂𝘀𝘁 / 𝗔𝗹𝗶𝗯𝗮𝗯𝗮 𝘃𝗲𝗿𝘂𝗻𝘀𝗶𝗰𝗵𝗲𝗿𝘁 / 𝗗𝗔𝗢 𝗴𝗲𝘄𝗶𝗻𝗻𝘁 𝗳𝗮𝘀𝘁 𝗦𝗼𝘁𝗵𝗲𝗯𝘆'𝘀 𝗔𝘂𝗸𝘁𝗶𝗼𝗻

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

As of today, among others, Mowi ($MHGVY (-5,03%)) and United Parcel Service ($UPS (-1,35%)) are trading ex-dividend.

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈

Today, among others, Gesco ($GSC1 (-4,79%)), Foot Locker ($FL (+0,98%)), RLX Technology ($RLX (-0,6%)), SOMPO Holdings ($8630 (-6,25%)) and Sto ($STO3 (-8,86%)) present their figures.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

Curevac ($CVAC (-8,17%)) - The biotech company's third-quarter revenue increased 463 percent year-over-year to 29.3 million euros. The increase in revenue was mainly due to collaborations with British pharmaceutical company GlaxoSmithKline ($GSK), the Tuebingen-based company said. However, Curevac's operating loss increased from 36.7 million euros to 143.1 million euros compared to the same period last year. This was due to high research and development costs for the company's own Covid-19 vaccine candidate, it said.

Alibaba ($2RR (-9,39%)) - There was no clear trend on the Asian stock markets on Thursday. In Japan, the Topix and the 225-stock Nikkei index gained 0.4 percent. The index of the most important companies in Shanghai and Shenzen could also gain 0.2 percent. Hong Kong's benchmark Hang Seng index, however, lost 1.8 percent as disappointing figures from Chinese tech giant Alibaba weighed heavily on the index. Inflation data from Japan showed consumer price inflation rose 0.1 percent in October, in line with advance expectations.

𝗖𝗿𝘆𝗽𝘁𝗼 💎

U.S. Constitution - The online group "ConstitutionDAO" planned to buy the last privately owned edition of the U.S. Constitution at a public auction at Sotheby's on Thursday and failed. Instead, the edition was bought at auction by an unknown bidder for $41 million. Project participants began banding together as a decentralized autonomous organization (DAO) just a week ago to pool funds for the auction. Through Juicebox, more than $49 million in Ethereum donations ($ETH (+1,13%)) was collected. In return, the 17,437 supporters received governance tokens called PEOPLE, which were not intended to represent fractional ownership, but rather to allow token owners to decide on proposals for structure, governance, and operational direction.

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