BABA Update

BABA läuft wie erwartet und bildet ein mögliches Adam & Eva. Die 121$ und die 127$ müssten gebrochen werden um das Adam & Eva zu bestätigen.

Bitcoin

Bitcoin has established a higher low, and now all that's missing is an impulsive trend break for a full trend reversal. At the same time, there’s renewed activity in alternative coins, indicating that Bitcoin could be an attractive option once central banks start printing money again. A new wave of debt is looming to "print away" the inevitable recession, making Bitcoin & Co. an interesting option to protect one's money value, especially against further inflationary trends.I have increased my investment quota, and since Bitcoin appears to be the most stable, I have expanded my position. If an impulsive breakout occurs and alternative coins follow, I may consider reallocating my investments. 

Special Topic China Stocks

After the Chinese indices were in a downtrend for a long time, the Chinese dragon has awakened with a "bang." The interest rate cut and various investment programs by the Chinese central bank and government organizations for real estate and stocks are reminiscent of Alan Greenspan, who started to officially intervene in the financial markets after Lehman.In my view, the Chinese are not dogmatic and are quite willing to import successful models. The use of one's currency and printing money to strengthen the country is more than common in the West, so why not in China? I consider this trend reversal to be sustainable, even if I expect a certain pullback after this impulsive breakout. I'm not alone in this view, as this article about a US hedge fund manager also indicates: https://lnkd.in/dwsf9ravDespite the euphoria, it’s important to note that political risks from tensions between China and the USA still exist. Therefore, my position in Chinese stocks will never exceed the 10% mark of my portfolio unless it’s driven by price gains. The chart shows that investors have followed this breakout, investing in major Chinese ETFs (such as the Krane Internet Stocks ETF). Among them are likely some hedge funds that were caught off guard and now have to cover their short positions.My focus is on large Chinese companies and European firms with significant stakes in Chinese companies. My scenario is that the second gap will close, offering another buying opportunity. The first gap, in my view, will remain open as a "runaway gap."

S&P 500, Nasdaq100 and Russell 2000

While last week it looked as if the US indices would simply ignore the weak seasonal period until mid-October, the daily candles of the last three days on all three indices I monitor show that they are likely to test the 10-week moving average. Should stronger downward momentum emerge, it could even go as far as the 30-week line - but this is clearly the alternative scenario. Specifically, I expect a small reduction in the overbought market situation on the S&P 500 up to the short-term uptrend in the region of 5,580 points.The positive underlying trend towards the end of the year remains in place for all three indices. The Chinese central bank provided a strong stimulus this week. In addition to the FED and the ECB, the Chinese central bank is now a new player actively intervening in the financial markets. In addition to interest rate cuts, various measures were also adopted, such as a quota for real estate and equity investments. In my view, this clearly falls into the category of “learning from the best”. After all, why should only the US dollar be used as a “financial weapon”? With Chinese share prices rising again, these securities are also becoming a kind of currency that can be used in corporate takeovers - a practice that has long been standard for US companies.In the USA, my focus continues to be on stable individual stocks, which are also holding up better in this setback. It is also interesting to note that commodity stocks in the US have shown renewed strength. I am curious to see whether a stock will come to the fore here, although they currently seem too volatile and not (yet) trend-stable to me. I have unwound my portfolio hedges despite the expectation of a correction, as my risk budget was exhausted and my stocks showed a relatively low susceptibility to correction. Should the correction start with more momentum instead of being as sluggish as it is at present, I may open a partial portfolio hedge via the S&P 500. However, my main focus is rather on smaller portfolio optimizations in the context of the expected correction with almost full investment. 

Nike Call +28 %

Update I Shares China Large Caps

way to Rule Target 1.

UPS Update

Stop Loss - Break Even and let it run!

S&P 500, Nasdaq100, and Russell 2000

This week was a true rollercoaster ride in the stock markets. Ahead of the interest rate decision, I hedged about one-third of my portfolio, which prevented me from fully benefiting from the positive euphoria following the rate decision. I plan to close this position by Tuesday at the latest, provided the stock markets continue to react positively to the rate decision early in the week.

Microsoft

Im linken Monatschart zeigt sich die charttechnische Struktur einer Flagge. Eine Flagge ist ein klassisches Projektionsmuster, das mithilfe des "Masts" nach dem Ausbruch aus dem Trendkanal ein Zielbereich  sich ableiten lässt. Am Ausbruch setzt man einfach an dem Punkt des Trendkanales an, wo der Kurs ausgebrochen ist.

Honeywell International Inc. Update

As mentioned in my last idea, HON was likely to move higher into that Gap. Here's the Chart since my initial idea ⬇️

A former UPS driver just delivered the ultimate package: a $238 million verdict!

$39.6 million for emotional distress, plus a cool $198 million as a special delivery of justice! UPS may appeal, but for now, this driver holds the record for the biggest "shipment" ever received. Maybe UPS should’ve rerouted his workload, not his job. 📦💰Former UPS Driver Wins $238 Million Verdict in Suit Over Firing – BNN Bloomberg

AMD Update

Der AMD Kurs hat an dem 0.13 Fib vom grünen ABCD gedreht.  Fürs Erste sieht alles nach Plan aus.