Markets Update Tuesday 02/02/2021 – The End of the Gamblers’ War?

Frankfurt – 02/02/2021 The End of the Gamblers’ War? New month, new confidence: The stock markets continued their recovery today and gained for the second day in a row. The nervousness surrounding the GameStop, AMC and co incidents seemed to be blown away today. Instead, traders are once again focusing on the hoped-for trillion-dollar aid package from the US government, …

Markets Update Monday 01/02/2021 – Shake-up Aftermath

Frankfurt – 01/02/2021 Shake-up Aftermath At the start of the week, the financial markets have at least recovered somewhat from the immediate GameStop shake-up. Fundamental questions remain, however, and the debate about more stringent market regulation and oversight will continue. The stock market’s bread and butter continue to be the political wrangling over another massive stimulus package in the US. …

Markets Update Friday 29/01/2021 – Rise of the Trading Punks

Frankfurt – 29/01/2021 Rise of the Trading Punks This week’s most dominant theme was, without a doubt, the trading punk story of wallstreetbets and the unprecedented pump of one stock that almost ruined at least one major Wall Street hedge fund.  Some traders speak of the “gambler’s war”, others of the “battle of small savers against long-established professional investors”. For …

Markets Update Thursday 28/01/2021 – Short-Squeeze

Frankfurt – 28/01/2021 Short-Squeeze The day after the story of GameStop Corp and the Reddit group wallsreetbets, where major Wall Street hedge funds got short-squeezed out of their short-seller positions by a group of smaller investors, the market overall continued its Zick-zack movement. On the European exchanges and also on Wall Street, bargain hunters saved the day and psuhed prices back …

Stock Take 28/01/2021

Some shares again saw wild price jumps on Thursday. GameStop Corp shares, for example, experienced an unparalleled rollercoaster ride once again. After several trading interruptions, they fell by over 40 per cent. The shares of the US retailer Bed Bath & Beyond fell by 36 per cent without any real news. Shares in telecoms equipment maker Nokia slid 14 per cent after earlier gaining 8.5 per …

Markets Update Wednesday 27/01/2021 – Lockdown Damages

Frankfurt – 27/01/2021 Lockdown Damages Once again, we are in a phase where investors have to keep their nerve and process many facts and figures. The nervousness and partially undecidedness are also reflected in the last trading days and hours’ price caprices.  One topic that contributed to today’s disillusionment and in part heavy price losses were economic figures that clearly …

Stock Take 27/01/2021

GameStop share soars another 106% The rapid share price rally of the troubled computer game retailer GameStop entered a new round on Wednesday. Thus, the hunt for short-sellers continues, pushing GameStop shares to astronomical heights. Thanks to the continued massive interest of speculators in the shares, they recently soared by 106 per cent to 304.98 US dollars. In the meantime, …

Markets Update Tuesday 26/01/2021 – Reporting Season: The Good and the Bad

Frankfurt – 26/01/2021 Reporting Season: The Good and the Bad Technology stocks are and remain the salt in the soup at the moment. They are seen as winners of the crisis but have already had a historically strong run. Investors are now asking themselves whether it is still possible to add to the gains, and the Microsoft figures are encouraging.  …

Markets Update Monday 25/01/2021 – Davos

Frankfurt – 25/01/2021 Davos The pessimists took the helm on the stock market at the start of the week. New corona and economic worries weighed on the overall mood. Only Asia’s markets saw some rays of hope. Trade with the Best ASIC Regulated Forex Brokers New corona worries triggered the losses in Europe among investors after experts and politicians became …

Markets Update Friday 22/01/2021 – Record Chase Halted

Frankfurt – 22/01/2021 Record Chase Halted Did the stock markets only take a breather today or is this the end of a “to good to be true (or real)” rally? After repeatedly hitting new record highs, Wall Street and most other world markets ran out of steam on Friday. But according to many experts, this is likely to be only …