To The Moon

How the gold price fell to a weekly low on Tuesday and the effects of the activities on the Chinese futures exchanges.   25 April 2024. FRANKFURT (Xetra-Gold). The past few days have also seen strong price fluctuations. Investors were initially spooked by reports of explosions in the Iranian city of Isfahan on the night of Friday, April 19. There were fears that the escalation spiral in the Middle East could continue, which resulted in demand for gold as a “safe haven” and the gold price briefly shot well above the US$ 2,400 per ounce mark. Fortunately, over the course of Friday, there were increasing signs that the situation in the Middle East was easing slightly rather than escalating further. Gold price hits weekly low on Tuesday After no new, additional worrying news fro

ETC Group expands its range of physically deposited Bitcoin trackers.   25 April 2024, FRANKFURT (Börse Frankfurt). A new crypto exchange-traded note (ETN) from ETC Group has been tradable on Xetra and Börse Frankfurt since Thursday.   The new ETN enables investors to gain cost-effective exposure to the cryptocurrency Bitcoin. The institutional CME CF Bitcoin Reference Rate (BRR) serves as the reference market for the Bitcoin spot price.   The ETN is physically collateralized and admitted to the Regulated Market of the Frankfurt Stock Exchange. Thanks to central clearing, investors also benefit from significantly reduced risks in the settlement of transactions.   The ETN can be traded in either euros or US dollars using the corresponding Xetra abbreviation. All cr

After four weeks of weakness, the mood has turned, with many company reports being too convincing. The further course of the reporting season and, of course, the actions of the central bankers will now be decisive. 29 April 2024. FRANKFURT (Börse Frankfurt). Although there are no longer any hopes of an interest rate cut in the US in the near future, the reporting season shows that most companies are doing well. The phase of weakness on the stock market that has persisted since the end of March therefore appears to be over. The DAX stood at x points on Monday morning after closing at 18,161 points on Friday. Alphabet and Microsoft surprised positively with their quarterly figures on Friday and drove the tech sector upwards.  According to Robert Halver of Baader Bank, the recent pr

Investor sentiment weakened further last week with four out of the ten markets we follow ending the week in a bearish mood. Investors in China continue to be the exception, turning bullish for the first time since January and providing support for the recent market run. Global Emerging markets and Asia ex-Japan markets have followed China higher, but sentiment among those investors has declined from bullish two weeks ago to neutral now on worries about the ongoing impact of high US interest rates and the strong USD on corporate borrowers. Japanese investors have now become bearish for the second time this month, shaving 5% off the (25%) market rally that started in November last year. Similarly, sentiment among UK investors has also become somewhat unhorsed last week, dropping from bullish

Investors are acknowledging the brief dip with purchases. Joachim Goldberg knows whether this could pose a threat to the bull market. Summary Many professionals reacted to the rapid recovery after the price dip by buying shares, having previously been both short and neutral. The sentiment index for this group jumped by 20 points to +13. Joachim Goldberg assumes that sufficient profits were taken. Private investors moved in the same direction, with a sentiment index of +10 points. The behavioral economist points out that optimism is at a high level in relative terms, fortunately we cannot speak of extreme values. However, he suspects book profits by older bulls, which could be realized from 18,280/330. On the other hand, the good mood could soon be over again. 24 April 2024. FRANKFURT (Gold

Despite some heavy price losses, including in the tech sector, the ETF market is stable. Some traders are seeing a selling overhang, but most are seeing more buying. Bitcoin and gold price trackers continue to see a lot of activity - in both directions.   23 April 2024. FRANKFURT (Börse Frankfurt). The sustained price losses since the end of March have now caused at least some people to get cold feet. The first are selling their investments. "With share indices falling significantly, we had around 15 percent more sales than purchases - with noticeably higher turnover," reports Holger Heinrich from Baader Bank. Leo Puschmann from Lang & Schwarz only saw individual profit-taking, for example on Friday when the Nvidia share price slipped sharply. "Overall, however, purchases pre

Investor sentiment fell sharply last week led by US investors who turned bearish on the twin disappointments of fading hopes for a Fed rate cut and increased tensions in the Middle East. The only market not to suffer a decline in sentiment last week was China where positive economic data continues to support the narrative that the economy may have bottomed out. Elsewhere, the sudden decline in sentiment came from the same risk aversion fund from which investors commonly draw when faced with an uncertain world with no concrete connect-the-dot justification for its sudden randomness. Tensions in the Middle East: With a characteristically straightforward if counterproductive approach to resolving a conflict, tensions between Israel and Iran have entered previously untested territory (terra c

DAX Kurslinie Bad news is keeping the DAX in check. Improving growth and earnings prospects, however, speak against a real price slide. From a technical chart perspective, it also looks like stabilization, not further losses. 22 April 2024. FRANKFURT (Börse Frankfurt). The geopolitical tensions surrounding Israel's attack on Iran continue to cause nervousness on the markets. However, there have been no major setbacks so far. "However, the headline risk remains elevated," explains Ralf Umlauf from Helaba. "There could be an increase in risk aversion at any time, which would support the bond markets and other safe-haven assets and probably also drive the oil price to new highs." The DAX stood at 17,850 points on Monday morning after closing at 17,737 on Friday. The most recent record hi

New active ETFs from ARK Invest on Xetra offers access to companies in the fields of disruptive innovation, AI and genomics via active investment strategies   18 April 2024, FRANKFURT (Frankfurt Stock Exchange). Three new active exchange-traded funds issued by ARK Invest have been tradable on Xetra and Börse Frankfurt since Thursday. The three ETFs pursue an active investment strategy focussing on companies worldwide in the areas of disruptive innovation, artificial intelligence and genomics. When selecting companies, the investment manager uses both a top-down approach (thematic research to identify relevant securities) and a bottom-up approach (valuation, fundamental data and quantitative key figures of the individual companies, considering ESG criteria). The ARK Innovation UCITS ET

Although Bitcoin is still up significantly since the beginning of the year, it has lost another 16% since its recent all-time high. The losses of Solana and Ethereum are even greater. Crypto ETNs record outflows.    18 April 2024, FRANKFURT (Börse Frankfurt). The Bitcoin halving, which is expected to take place this Saturday, continues to cause high fluctuations in the Bitcoin price - and most recently significant price losses. Bitcoin had risen to over 73,000 US dollars in mid-March, but is currently trading at less than 61,000 US dollars. The gain since the beginning of the year has shrunk to 38%. The geopolitical uncertainties in the Middle East are making themselves felt. Some people now believe that the halving has been priced in. Bitcoin halving halves the reward that