Markets Update Thursday 29/04/2021 – Trifecta

Frankfurt – 29/04/2021 Trifecta The Biden plan and billions in profits from the three “big techs”, Facebook, Apple and Amazon, gave Wall Street new momentum today. There was a veritable round of figures with outstanding sales and profit figures for the first quarter.  US President Joe Biden promised the highest economic growth “in nearly four decades” in his speech on ...

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Markets Update Wednesday 28/04/2021 – More Cheap Money

Frankfurt -28/04/2021 More Cheap Money As expected, the US Federal Reserve is continuing its policy of cheap money for the time being. The monetary guardians around Fed Chairman Jerome Powell left the key interest rate in the range of zero to 0.25 per cent on Wednesday. The Fed wants to maintain their monthly securities purchases of 120 billion dollars until ...

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Stock Take 27/04/2021

Microsoft beats expectations IT giant Microsoft has published its figures for the third quarter of the year. For the technology group Microsoft did better in the third quarter than in the same period of the previous year. The company achieved earnings per share of 1.95 US dollars, after EPS of 1.40 US dollars a year ago. Analysts had previously expected ...

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Markets Update Tuesday 27/04/2021 – Wait and See

Frankfurt – 27/04/2021 Wait and See Again, there was little movement on the major global stock markets today as investors eagerly await the Fed and its interest rate decision tomorrow. In addition, quarterly figures from Google parent Alphabet, Microsoft, semiconductor equipment manufacturer Texas Instruments, Starbucks and Visa, among others, were on the agenda after the close of trading. Apple will ...

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Stock Take 26/04/2021

Tesla with a significant jump in sales and profits Tesla posted notable gains in both revenue and earnings in its first fiscal quarter. Tesla earned $0.93 per share in the first quarter, up from $0.248 per share a year earlier. This was more than analysts had expected, the consensus being 0.750 US dollars per share. Simultaneously, the electric carmaker posted ...

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Markets Update Monday 26/04/2021 – Gimme Tech!

Frankfurt – 26/04/2021 Gimme Tech! As market participants and investors get ready for big tech’s balance sheet reports, the US stock market indices moved in different directions. More weight has been put behind tech companies, and cyclical blue chips were sought after less.  Wall Street is eagerly awaiting the real highlight of the reporting season, the quarterly reports of the ...

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Markets Update Thursday 22/04/2021 – Biden sends Wall Street downhill

Frankfurt – 22/04/2021 Biden sends Wall Street downhill US President Joe Biden brought dark clouds into the otherwise rather friendly stock market weather today with his announcement of a significant increase in capital gains taxes. So far, Biden has been a darling of Wall Street. Since his election victory in November 2020, the Dow Jones index has gained almost 20 ...

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Markets Update Wednesday 21/04/2021 – Vaccines for the Market

Frankfurt – 21/04/2021 Vaccines for the Market  Today, the stock market was supported after it was announced that the USA reached its vaccination target earlier than thought. US President Joe Biden is reportedly close to reaching his key 100-day target of 200 million Corona vaccinations administered in the country. With the vaccination figures to be released on Thursday, the threshold ...

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Markets Update Tuesday 20/04/2021 – Too high?

Frankfurt – 20/04/2021 Too high? Investors have recently been torn again between great optimism about the economy and the question of whether the current, often very high, valuations of companies are justified. In the past few weeks, when the stock markets rushed from one record high to the next, a lot of praise was given, which is now suddenly being ...

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Markets Update Monday 19/04/2021 – Rally Paused

Frankfurt – 19/04/2021 Rally Paused After breaking record after record last week, the bulls took it a little easier today and cashed in many places. But skepticism is also slowly spreading more and more clearly in the market after the promising start to the reporting season, especially from the financial sector. Can the US markets, in particular, defend the high ...

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Markets Update Friday 09/04/2021

Frankfurt – 09/04/2021 Spring Fever on the Stock Market Stock prices are going higher and higher, driven by the money glut of central banks and governments. Even the prevailing corona news can no longer unsettle investors. The prospects “after corona” are too good and money is too cheap at the moment. The reason for the exuberant optimism on the stock ...

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Stock Take 08/04/2021

Online broker flatexDEGIRO convinces Booming stock market trading in the corona crisis has also brought the online broker in 2020 a substantial jump in profits below the line. At 49.9 million euros, the surplus was more than three times as high as in the previous year, the German SDAX-listed company announced in Frankfurt on Thursday. “2020 was the most outstanding ...

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Markets Update Thursday 08/04/2021 – Rally or not?

Frankfurt – 08/04/2021 Rally or not? On the stock markets, the renewed trend towards tech stocks continues. After the Fed meeting on Wednesday evening, it is clear that the USA’s monetary policy will remain extremely loose and that higher inflation will be tolerated in the short term. Fresh central bank money and government support are still guaranteed.  “We need to ...

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Markets Update Wednesday 07/04/2021 – No News is Good News

Frankfurt – 07/04/2021 No News is Good News The eagerly awaited March Federal Reserve meeting minutes do not signal an imminent end to ultra-loose monetary policy. At their latest meeting, the US Federal Reserve representatives confirmed their recently more optimistic view of the US economy. The government’s stimulus packages and loose monetary policy would support consumer spending, according to the ...

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Stock Take 06/04/2021

Irish Data Protection Officers Investigate Facebook Leak The recent publication of some information on more than half a billion Facebook users has prompted the Irish data protection authority responsible for Europe to take action. They are trying to find out more about it, the data protection authorities announced on Tuesday. Among those affected are many users from the EU. Facebook ...

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Markets Update Tuesday 06/04/2021 – Post-Easter Hunt

Frankfurt – 06/04/2021 Post-Easter Hunt The world’s leading stock exchange in New York was quieter today after a thrilling Easter Monday. Overall, US investors took a breather today after the major US indices all posted significant gains on Easter Monday. In contrast to Europe, there was no trading halt in New York yesterday. Experts attribute the recent stock market upswing ...

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Markets Update Thursday 01/04/2021 – Happy Easter

Frankfurt – 01/04/2021 Happy Easter Driven by the prospect of President Joe Biden’s multi-billion dollar economic stimulus programme and the increasing success of vaccinations, the American stock markets in New York picked up speed on Maundy Thursday. Technology stocks, in particular, continued their recent rally after recently being overshadowed by the standard share indices and cyclical stocks. Trade with the ...

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Stock Take 31/03/2021

Nestlé leaks water Nestlé has completed the sale of its North American water business announced in February. Nestlé announced on Wednesday evening. As announced at the time, the business is going to US financial investors One Rock Capital Partners and Metropoulos & Co. for USD 4.3 billion. The transaction included Pure Life, Poland Spring, and many other brands in the ...

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Markets Update Wednesday 31/03/2021 – Back to Tech

Frankfurt – 31/03/2021 Back to Tech Investors on New York’s Wall Street rediscovered their love for technology stocks in the middle of the week. The Nasdaq rose significantly after standard stocks had recently been more in demand. But the S&P500 also got into the swing of things late in the evening and climbed to a new all-time high. The psychologically ...

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Markets Update Friday 26/03/2021

Frankfurt – 26/03/2021 Happy End The stock market week ended on a positive note, with most major indices printing decent gains. Hopes of an early return to economic and social normality thus prevailed – corona concerns once again took a back seat.  US Markets at a glance Wall Street was friendly on the last trading of the week. The Dow ...

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