Published on February 5, 2020 3:52 PM |
The AEX index on Beursplein 5 was 1.5 percent higher in the afternoon trade at 614.33 points. The MidKap thickens 2.4 percent to 964.79 points. London, Frankfurt and Paris rose to 1.3 percent.
In the MidKap, Aperam was among the strongest climbers with a plus of 9.4 percent. The company saw revenue and profit fall last year, but according to market experts did perform better than expected. Real estate investor Eurocommercial Properties managed to raise more rental income in the past six months and was rewarded with a price gain of more than 1 percent.
The leader in the AEX was chip machine manufacturer ASML with a profit of 2.6 percent. Biotechnologist Galapagos closed the line with a loss of 0.7 percent. TomTom lost 1 percent at the smaller companies. The quarterly loss of the navigation service provider was higher than expected.
The French bank BNP Paribas rose 0.6 percent in Paris thanks to stronger than expected earnings growth in the fourth quarter. Industry colleague Danske Bank climbed 0.6 percent in Copenhagen. The Danish bank expects to make considerably less profit this year due to the aftermath of the money laundering scandal. Vestas won 5.7 percent. The Danish windmill producer expects to generate more revenue this year.
Infineon increased 10 percent in Frankfurt after better than expected figures from the German chip maker. The German technology group Siemens made less profit than expected last quarter. The share nevertheless rose 0.5 percent. British telecom company Vodafone fell 1.5 percent in London after sales figures.
The euro was worth $ 1,1002 against $ 1,1035 a day earlier. A barrel of American oil was 3.3 percent more expensive at $ 51.31. Brent oil cost 3.5 percent more at $ 55.82 per barrel.
Click here to follow this forum topic and to be automatically informed of new posts.
I change the name of the thread in BLACK THURSDAY a 6% crash. This is madness. Everything but also everything indicates that the big shorters are massively buying shares in order to now buy very cheap put and short futuers. Just look after the put options of tomorrow and the coming weeks these will be bought en masse.Tomorrow they will dump all the shares of the past three days and make huge profits on the options and short futures.
So tomorrow the stock market will fall extremely. Suspect a minimum of 4.3% off to 6.5% off. We were still at 587 points this week So 615 – 587 = 28 points so minus 4.3% minimum.
For the big shorters it is just a simple calculation.
Anything but everything indicates that the big shorters are raising things to buy the wells in a very cheap way and that is also reflected in the option market, whole batches of put options are bought all day long from the morning series to and with March.
Tomorrow they will dump all shares and cash mega on the put options.
Then I change the name of the thread to “the positive message the chagrin gives to Realist”. Don’t talk, buy the puts with all the money you have, post a transaction confirmation and we’ll take you a little more seriously. Until then, you just shout for something to encourage yourself. Truste, dream softly.
2nd economy is on its way. More and more companies are closing their doors. Enormous pressure on care to keep it going a little. Virus is expanding. Tourism gets a blow. Production chains etc etc. The only advantage is that the American economy is doing well. The question is only for how long.
The question really is not when the correction will take place on the stock market, but when. The longer we keep going up, the harder the blow will get down as corona continues to expand.
Instead of manipulating the stock market so that wealthy speculators can buy put options cheaply, it may also be that investors had not anticipated an increase last week and then began to write unsecured calls, forcing them to hurry to buy shares, which is driving up the price.
Interpret revenue options properly. It is about open interest. The turnover can be explained by short squeeze. Many positions are redeemed at a loss. In practice, a short squeeze can still go on. then recovery down again. Expect to go ahead and take advantage of it!