Liveblog Archief dinsdag 23 januari 2024

Beste beleggers,

Vorige week hebben we tijdens de terugval enkele LONG posities opgenomen, dat op 3 indices (Nasdaq, DAX en Dow Jones) die toen mogelijk nog een keer richting hun topzone zouden kunnen oplopen. Daarbij heb ik er ook voor gekozen om nog 2 aandelen erbij te pakken, een aandeel dat volgens mij wat te veel werd afgestraft (Apple) en een ander aandeel dat juist in een zeer mooie flow zat (Nvidia). De keuze was om de posities aan te houden tot de Nasdaq 100 de top ofwel de hoogste stand ooit weer zou bereiken, dat gebeurde ook donderdag en ook vrijdag steeg de index nog verder door. Met andere woorden, ik heb tijdens de DIP gekocht met de bedoeling om nog een keer mee te liften richting de top. Zo wil ik blijven werken, mee gaan met de flow en waar het kan posities opnemen. Er komt nu ruimte voor een SHORT positie, we proberen dan in de markt te blijven voor een correctie van pakweg 1% a 2%.

Meedoen kan nu via ons proefabonnement, dat is dan tot 1 APRIL 2024 en dat voor €35? Ga om u in te schrijven meteen naar https://www.usmarkets.nl/tradershop . Door dat we met meer onderliggende waarden werken verwacht ik betere en stabielere resultaten dit jaar ... Dat merken we nu tijdens de eersten maand meteen al. Onderaan deze update ziet u een overzicht van de transacties die deze maand (januari) al werden afgerond ...

We gaan zeker voor een goed jaar (2024) bij US Markets ...

Overzicht gesloten posities Systeem Trading maand januari 2024:

Met vriendelijke groet,
Guy Boscart

TOP NEWS
• J&J profit beats expectations on Stelara strength
Johnson & Johnson reported fourth-quarter profit that was slightly above Wall Street expectations, helped by stronger-than-expected demand for its blockbuster psoriasis treatment Stelara.

• P&G cuts annual profit forecast on slowing price hikes, Gillette business writedown
Procter & Gamble cut its annual profit forecast as the boost from earlier price hikes fades and on writing down the value of its Gillette business in December.

• GE posts higher profit on strong demand for engine parts, services
General Electric reported a higher fourth-quarter profit as its business that makes aircraft engines benefited from strong demand for spare parts and services, while cost cuts helped narrow losses in its renewable energy unit.

• Halliburton profit beats on international strength
Halliburton's fourth-quarter profit beat market expectations as strength in offshore and overseas drilling activities internationally boosted demand for oilfield services and equipment.

• Verizon's flexible plans drive subscriber additions, strong forecast
Verizon Communications forecast annual profit above estimates after strong demand for its wireless plans and Black Friday promotions helped the U.S. carrier post its highest quarterly subscriber additions in nearly two years.

BEFORE THE BELL
Wall Street futures were subdued, with investors now awaiting a peak in the earnings season and economic data in a major test for Wall Street's sustenance of a recent rally that saw the S&P 500 scale record highs and enter a bull market. European equities edged lower as investors remained cautious ahead of the European Central Bank's policy meeting later this week. Japan's Nikkei closed higher following the Bank of Japan's decision to keep ultra-easy policy settings intact. Chinese stocks staged a more muted recovery, having touched their lowest in five years the previous day. Oil prices fell as traders weighed simmering geopolitical tensions in several regions with supply outages in the U.S. and returning production in Libya. Gold prices gained, helped by a weaker dollar. Netflix, Texas Instruments and Baker Hughes are scheduled to report their quarterly results after the closing bell.

STOCKS TO WATCH

Results
• 3M Co: The U.S. industrial conglomerate forecast full-year earnings below analysts' estimate, sending its shares down in premarket trading. It forecast 2024 profit between $9.35 and $9.75 per share, compared with analysts' average estimate of $9.81. The St. Paul, Minnesota-based company also reported an adjusted profit of $2.42 per share for the fourth quarter, compared with $2.18 per share a year earlier.

• Brown & Brown Inc: The insurance brokerage reported an 85% surge in fourth-quarter profit to $268.6 million on Monday, helped by higher commissions and fees alongside better investment returns. The company's core commissions and fees increased about 11.5% to $964 million in the three months ended Dec. 31. Investment income surged to $18.5 million. The equities benchmark index S&P 500 closed up roughly 24% in 2023, helped by a stellar performance of mega-cap technology stocks and a broader year-end rally on bets the U.S. Federal Reserve had finished hiking interest rates. The company said total revenue climbed 13.8% during the quarter to about $1.03 billion. Brown & Brown posted net income of 94 cents per diluted share, compared with 51 cents a year earlier.

• D.R. Horton Inc: The U.S. homebuilder missed estimates for first-quarter profit on Tuesday, sending its shares down in premarket trading. Net income attributable to the company for the quarter ended December was $2.82 per share, compared with analysts' estimates of $2.88 per share. Despite a recent decline in the popular 30-year fixed mortgage rates to about 6.6%, a majority of homeowners in the U.S. remain locked into a rate below 5%. D.R. Horton flagged expectations of a sequential decline in homebuilding gross margins in November due to a higher incentive load, offsetting gains from higher home sales. The Arlington, Texas-based homebuilder reported pre-tax profit margins of 16.1% in the first quarter, compared to 17.5% last year.

• General Electric Co: The company reported a higher fourth-quarter profit as its business that makes aircraft engines benefited from strong demand for spare parts and services, while cost cuts helped narrow losses in its renewable energy unit. The Boston, Massachusetts-based company said adjusted profit for the quarter through December was $1.77 billion, compared with $1.37 billion reported a year earlier. GE's aviation business is riding a surge in demand for aftermarket services as a strong rebound in travel and a shortage of new jets prompt airlines to keep their planes in the air for longer periods. Losses at GE's renewable business narrowed to $347 million from $454 million a year earlier, largely helped by cost cuts. GE, which completed the separation of its healthcare unit, said on Tuesday it would spin off its energy businesses, including renewables, into a separate company in early April. On a per-share basis, adjusted profit was $1.03 per share, compared with 66 cents a year earlier. Total revenue rose 15% to $19.42 billion.

• Halliburton Co: The company’s fourth-quarter profit beat market expectations as strength in offshore and overseas drilling activities internationally boosted demand for oilfield services and equipment. The Houston-based company said adjusted net income stood at 86 cents per share for the three months ended Dec. 31, compared with 80 cents per share according to LSEG analysts. International revenue rose 10% to $3.3 billion in the reported quarter year over year, while revenue from North America fell 7.7% to $2.4 billion. Oil and gas rig count, an indicator of future production, stood at 948 in 2023 internationally, the highest since early 2020, per data from energy services firm Baker Hughes, while U.S. oil and gas rig count stood at 689 in 2023, down from 721 in 2022.

• Johnson & Johnson: The drugmaker reported fourth-quarter profit above Wall Street expectations, helped by demand for its blockbuster psoriasis treatment Stelara and strength in its medical device unit. It expects higher revenue from its multiple myeloma drug Darzalex and newer oncology drugs such as Carvykti and Tecvayli to help it meet its 2025 pharmaceutical sales target of $57 billion. Anti-inflammatory drug Stelara brought in sales of $2.75 billion for the quarter compared with analysts' average estimate of $2.63 billion, according to LSEG data. A key patent for Stelara expired in the United States last year but J&J struck deals with competitors to delay the launches of their biosimilars until 2025. J&J's medical device business also benefitted last year from a resurgence in demand for joint replacement and other surgeries that were delayed during the pandemic. The drug and medical device maker posted an adjusted profit of $2.29 per share, slightly beating Wall Street expectations of $2.28 per share. Quarterly revenue was $21.40 billion, above market expectations of $21.01 billion. Separately, the U.S. health regulator said on Monday companies will be required to add a serious warning on the prescribing information for cancer therapies known as CAR-T, made by Gilead Sciences, Johnson & Johnson, Novartis and others.

• Procter & Gamble Co: The company cut its annual profit forecast as the boost from earlier price hikes fades and on writing down the value of its Gillette business in December. In December, P&G said it would record a $1.3 billion charge related to a drop in the book value of its Gillette business as volume growth slowed due to the hybrid post-pandemic work culture and a stronger dollar. The company estimated it would record up to $2.5 billion in charges over two fiscal years due to the Gillette business write down and restructuring of certain markets. P&G now expects fiscal 2024 earnings to range from a fall of 1% to in line with fiscal 2023 earnings per share, compared with its prior forecast of a 6% to 9% growth. The company's quarterly net sales rose to $21.44 billion from $20.77 billion a year earlier. Analysts had expected $21.48 billion.

• RTX Corp: The aerospace and defense giant reported a 10% surge in fourth-quarter revenue on Tuesday, driven by demand for its aftermarket services, commercial engines and military equipment. Pratt and Whitney, an RTX subsidiary, booked a 25% jump in operating profit in the reported quarter, amid an ongoing inspection drive to check for potentially flawed components in its jet engines. RTX's defense arm, Raytheon, reported a 14% rise in operating profit, helped by AMRAAM rockets and Patriot systems, key weapons used by Ukraine to repel the Russian invasion. RTX reported an adjusted net income of $1.29 per share in the quarter ending Dec. 31, compared to $1.27 per share a year earlier, in the same quarter. It also forecast a 2024 profit target in the range of $5.25 to $5.40 per adjusted share, while analysts estimate $5.28 per share. The Arlington, Virginia-based company's sales came in at $19.93 billion. On the other hand, RTX forecast 2024 revenue below expectations, owing to lingering supply challenges in the global aerospace industry. It expects revenue between $78 billion and $79 billion, against analysts' average expectation of $79.67 billion.

• Telefonaktiebolaget LM Ericsson: The company said it expects further decline in 5G gear demand from mobile operators this year including in key growth market India, after beating fourth-quarter operating profit expectations on Tuesday helped by software sales. The company could look at further cost cuts this year and that could potentially include layoffs, Chief Financial Officer Carl Mellander said in an interview. Operating profit (EBIT) excluding restructuring charges fell to 7.37 billion crowns from 8.08 billion a year earlier, but topped the 6.92 billion expected by analysts in an LSEG poll, while net sales fell 16% in the quarter and missed estimates. Ericsson's EBIT margin excluding restructuring charges rose to 10.3% from 9.4%, mostly due to higher-margin software sales and lower sales of 5G equipment in lower-margin markets such as India. The company also appointed Lars Sandstrom as chief financial officer, replacing long-time company veteran Carl Mellander.

• United Airlines Holdings Inc: The airlines on Monday provided an upbeat outlook for the full year despite warning of a wider-than-expected loss in the quarter through March due to the grounding of Boeing 737 MAX 9 airplanes. United, along with rivals Delta Air Lines and American Airlines, has benefited from increased demand for premium travel after the pandemic. It expects revenue from high-margin premium offerings to remain strong, helping generate an adjusted profit of $9-$11 per share in 2024. That compares with $9.58 per share expected by Wall Street analysts. United said the grounding will have an impact of about 3 percentage points on its non-fuel operating costs in the first quarter. United and Alaska together have 70% of the MAX 9 fleet and have been forced to cancel thousands of flights since the incident. The airline on Monday also reported an adjusted profit of $2 a share in the fourth quarter, topping Wall Street estimates of $1.70 a share, on the back of strong holiday travel demand. Separately, United Airlines' shares rose in premarket trading after an upbeat 2024 profit forecast from the carrier that is facing a potential hit from grounding its entire fleet of Boeing BA.N 737 MAX 9 jets earlier this month.

• Verizon Communications Inc: The company’s forecast annual profit above estimates after strong demand for its wireless plans and Black Friday promotions helped the U.S. carrier post its highest quarterly subscriber additions in nearly two years. The telecom firm added net 449,000 monthly bill-paying wireless phone subscribers in the last three months of 2023, blowing past estimates of 223,800 additions, according to Factset. The company said it expects adjusted profit in 2024 to be between $4.50 and $4.70 per share, the midpoint of which was higher than the estimates of $4.59. Its fourth-quarter results also benefited from promotions for the Black Friday shopping event and the release of the iPhone 15 series, which drove up smartphone upgrade activity. Net loss was $2.6 billion, or 64 cents per share, compared with a profit of $6.7 billion, or $1.56 per share, a year earlier. The company took a $5.8 billion write-down in the quarter as it cut the value of its declining wireline business, among other charges. Full-year free cash flow, a metric closely watched by investors to help determine dividend payouts, came in at $18.7 billion, an increase from $14.1 billion in 2022.

• Zions Bancorporation NA: The company forecast on Monday a slight decline in net interest income (NII) for 2024, after posting a 58% drop in its fourth-quarter profit, as lenders shell out more to attract and retain customer deposits. The Utah-based firm's annual NII forecast compares with LSEG estimates of a 5.2% dip. Zions' net interest margin in the quarter contracted to 2.91% compared with 3.53% a year earlier but was in line with broader industry trends. The bank's NII, or the difference between what it makes on loans and pays out on deposits, fell 19% to $583 million in the quarter ended Dec. 31. Total deposits rose 5% to $75 billion in the quarter, while loans and leases inched up 4% at $57.8 billion. Its net earnings fell to $116 million, or 78 cents per share, for the quarter, from $277 million, or $1.84 per share, a year earlier.

Deals Of The Day
• Inhibrx Inc & Sanofi SA: The French healthcare company has agreed to buy the drug development project INBRX-101 from its parent company Inhibrx for around $2.2 billion in a bid to boost its rare disease business. The two companies said in a joint statement that Inhibrx shareholders will get $30 per share in cash, one contingent value right (CVR) equal to $5, and 0.25 shares in New Inhibrx, a new publicly traded company that holds the takeover target’s assets that are not related to INBRX-101. Experimental drug INBRX-101, currently in the second of three phases of clinical trials, is designed to treat Alpha-1 Antitrypsin Deficiency (AATD), an inherited rare disease causing progressive deterioration of lung tissue. Following the closing of the deal, New Inhibrx will continue to operate under the "Inhibrx" name and will be led by Mark Lappe as Chairman and CEO. Sanofi will assume and retire Inhibrx's outstanding third-party debts and fund New Inhibrx with $200 million in cash. Sanofi will also retain an equity interest in New Inhibrx of 8%.

IPOs
• CG Oncology Inc: The cancer drug developer said it was aiming to raise up to $306 million in its U.S. initial public offering, higher than it had previously expected. The move follows strong demand for new share sales after a dry spell that lasted nearly two years, thanks to firming bets of an interest-rate cut by the Federal Reserve. Kaspi.kz, the Kazakhtstan-based fintech heavyweight that debuted last week, had also upsized its IPO. CG Oncology said it plans to sell 17 million shares priced between $16 and $18 each. It had earlier aimed to sell 11 million shares. If the offering is priced at the top end of the indicated range, CG Oncology would be valued at $1.1 billion in the IPO.

In Other News
• Amazon.com Inc: The French regulator CNIL said it had fined Amazon France Logistique $35 million for what the CNIL said was an "excessively intrusive" surveillance system set up to monitor the performance of staff. The CNIL said indicators tracking the inactivity time of employees' scanners had been put in place, and that such a system was illegal. It also said a system set up to measure the speed at which items were scanned was also "excessive". "More generally, the CNIL considered it was excessive to keep all the data collected by the system, as well as the resulting statistical indicators, for all employees and temporary workers, for a period of 31 days," said the CNIL. An Amazon spokesperson said the company disagrees with CNIL's fine and reserves the right to appeal.

• Archer-Daniels-Midland Co: An investigation into accounting practices in the company’s Nutrition segment could not come at a worse time for the company as sinking crop prices look set to erode profit for its core grain trading and processing businesses this year. Before news of the accounting issues broke and sent ADM shares tumbling 24% on Monday, the biggest fall since 1929according to the Center for Research in Security Prices, the company had been forecasting the Nutrition unit it has been expanding for much of the past decade would return to profit growth in 2024. The recovery in the business segment that generated about 11% of profit for ADM in 2022 would have helped cushion the blow from thinning margins in soybean crushing and ethanol, and from lower crop prices as global supplies of corn and soy rise, analysts said. "It is now uncertain whether Nutrition operating profits will return to (year-over-year) growth in 2024," said Arun Sundaram, senior equity analyst at CFRA Research.

• Bank of America Corp: The bank announced layoffs of around 20 bankers in Asia, said three sources with knowledge of the matter, as plunging markets in China and Hong Kong weighed on deal prospects. The majority of the bankers affected are based in Hong Kong who worked on China deals, according to two of the sources and a fourth person with knowledge of the matter. Some cuts were also made in other Asian markets, the sources said. The Wall Street bank has become the first large global bank to downsize its regional investment banking operation in 2024, after a slew of layoffs across the industry in 2023 as weaker China recovery failed to impress with rising geopolitical tension drove away foreign investors. All of the sources declined to be named as the information is confidential.

• Cedar Fair LP & Six Flags Entertainment Corp: The amusement park operators said they have received a request for additional information and documents from the U.S. Department of Justice (DOJ), which is reviewing a merger of the two companies. The second request from DOJ in relation to the Six Flags and Cedar Fair merger comes at a time when deals in the U.S. are facing anti-trust scrutiny from regulators, as well as consumer interest groups. Six Flags and Cedar Fair announced a merger in November 2023 in a deal that would value the combined company at about $8 billion, including debt. The deal came at a time when the companies were struggling with a post-pandemic lull in demand at amusement parks, as consumers become cautious with their spending.

• Corning Inc: India's Tamil Nadu state said that a joint venture of the company agreed to invest $120.4 million, underscoring the growing importance of the south Asian country as a manufacturing hub. The joint venture (JV), named Bharat Innovative Glass Technologies, is a tie-up between U.S. electronics maker Corning, a key parts supplier for Apple, and Indian telecommunications company Optiemus Infracom. The new facility will make front cover glass for mobile phones and phone parts makers in India, the state government said, without specifying the particular brands to which the glass would be supplied. The facility in Tamil Nadu is the company's first manufacturing plant after the JV was formed in September. The $155 billion Indian electronics market is benefitting from a global shift in supply chains away from China, with additional support from the Indian government's production-linked incentives aimed at promoting local manufacturing.

• Fisker Inc: The company said it expects to sell all its nearly 5,000 unsold vehicles made last year by the end of the first quarter and that its newly announced dealer-partner model has gained traction. More than 100 dealers in the United States, Canada, and Europe have expressed interest in becoming a Fisker dealer, the electric vehicle (EV) company said. While the EV startup made more than 10,000 vehicles in 2023, it delivered only about 4,700 units of Ocean sport utility vehicles due to logistics constraints. The sale of vehicles manufactured last year is expected to generate significant cash in the first quarter of the year, unlocking more cash for working capital, Fisker said. Earlier this month, Fisker said that it would add dealerships alongside its direct-to-customer distribution model to expand its sales and delivery network.

• Intuit Inc: The U.S. Federal Trade Commission on Monday barred the TurboTax maker from advertising or marketing services as "free" when many consumers were in fact ineligible, saying the company had engaged in deceptive practices. The maker of the popular TurboTax tax filing software said it would immediately appeal the decision. "We believe that when the matter ultimately returns to a neutral body we will prevail," it said, adding: "there is no monetary penalty in the FTC’s order, and Intuit expects no significant impact to its business. The commission's final order, after an administrative ruling in September, said Intuit cannot advertise or market any service as free unless it was free to all consumers, or unless it disclosed properly the percentage of taxpayers that qualify for the free product. The FTC said the character of prior violations was "egregious. For at least six years, Intuit blanketed the country with deceptive ads to taxpayers across multiple media channels."

• Netflix Inc: The company said on Monday that Scott Stuber, head of films, will leave the streaming service pioneer in March to start his own media company. No replacement was identified. Stuber, who joined the company in 2017 to expand its slate of original films, was named the chairman of Netflix Film in January 2023. The former Universal Studios executive used his ties to the creative community to forge relationships with such top filmmakers as Alfonso Cuarón, Spike Lee, Greta Gerwig, Rian Johnson, Jane Campion and Martin Scorsese. Under his leadership, Netflix become the studio most nominated for Academy Awards for three consecutive years, from 2020 through 2022, and garnered eight best picture nominations, including "The Irishman," "Roma" and "The Power of the Dog."

• Ryanair Holdings Plc: The budget airline would be interested in acquiring Italian airport slots that might be relinquished as ITA Airways joins forces with Lufthansa, Ryanair CEO Michael O'Leary said. Speaking at a news conference in Rome, O'Leary said that Ryanair, which is the biggest airline operator in Italy, believed that slots should be released at Rome's Fiumicino airport and the Malpensa and Linate airports in Milan. Lufthansa is seeking to acquire a 41% stake in ITA for $354 million as part of a capital increase but the deal faces an investigation by European Union regulators. Ryanair is "very interested in getting more slots in Fiumicino, less in Linate because we want to grow in Bergamo and Malpensa," he said. "To the extent that slots are freed up in Linate, we believe easyJet and Wizz will move aircraft from Malpensa to Linate to take up those slots and that will create more room for us to grow in Malpensa," he added. "Where ITA isn't growing, Ryanair will grow instead," added O'Leary.

• TotalEnergies SE: The company said it had signed an agreement to acquire the entire share capital of German battery storage company Kyon Energy, as part of the development of its Integrated Power operations in the country. The consideration entails a $98.2 million upfront payment and further payments linked to the achievement of development targets, TotalEnergies said in a release. "This acquisition will enable us to accelerate the development of our Integrated Power activities in Germany," said Stéphane Michel, TotalEnergies' President Gas, Renewables & Power. Michel added that the acquisition, which has still to be approved by the relevant authorities, would contribute to the group's profitability target for the segment of a 12% return on average capital employed (ROACE) by 2028. Separately, water supply was restored to TotalEnergies' 238,000 barrel-per-day (bpd) Port Arthur oil refinery in Texas, that has been shut for nearly a week, people familiar with the plant operations said on Monday.

• Walt Disney Co: Hedge fund Blackwells criticized rival company activist shareholder Trian Fund Management on Monday, saying the Nelson Peltz-led firm had "not offered a single strategic idea" to aid the entertainment giant's turnaround, according to a press release shared with Reuters. "Astoundingly, Mr. Peltz recently claimed that he would like 'a guy who doesn't have media experience' on the Disney Board," Jason Aintabi, chief investment officer of Blackwells," said in a statement. "We remind Mr. Peltz that Disney is a significant media company and, now more than any time in its history, needs Board members with deep media experience. On Friday, Blackwells solicited support for its three nominees to Disney's board in a preliminary proxy filing, challenging Trian, which is seeking two seats on the board.

PREVIEW
Megacap US tech results pivotal for market that is at record highs
Wall Street's run-up to record highs will be put to the test in the coming weeks as heavily weighted U.S. technology-related companies open their books on the final quarter of 2023.

ANALYSTS' RECOMMENDATION
• Bank of Hawaii Corp: Piper Sandler cuts target price to $69 from $70, following the company's three consecutive quarters of net interest margin compression.

• Mastercard Inc: JPMorgan raises target price to $504 from $484, stating the company's 2024 full-year guidance is expected to garner a positive stock reaction.

• News Corp: JPMorgan raises target price to $31 from $29, citing improved business profile for the company in 2024.

• Qualcomm Inc: Wells Fargo raises target price to $120 from $110, expecting the company to report better-than-expected first quarter results as mobile chip sales are accelerating.

• Visa Inc: JPMorgan raises target price to $302 from $293, ahead of the company's first-quarter results scheduled Thursday.

ECONOMIC EVENTS (All timings in U.S. Eastern Time)
1000 Richmond Fed Composite Index for Jan: Prior -11
1000 Richmond Fed Services Index for Jan: Prior 0
1000 Richmond Fed Manufacturing Shipments for Jan: Prior -17

COMPANIES REPORTING RESULTS
Baker Hughes Co: Expected Q4 earnings of $0.48 per share
Intuitive Surgical Inc: Expected Q4 earnings of $1.48 per share
Lockheed Martin Corp: Expected Q4 earnings of $7.26 per share
Netflix Inc: Expected Q4 earnings of $2.22 per share
Paccar Inc: Expected Q4 earnings of $2.22 per share
Steel Dynamics Inc: Expected Q4 earnings of $2.66 per share
Texas Instruments Inc: Expected Q4 earnings of $1.47 per share

CORPORATE EVENTS (All timings in U.S. Eastern Time)
0730 General Electric Co: Q4 earnings conference call
0800 Brown & Brown Inc: Q4 earnings conference call
0800 Synchrony Financial: Q4 earnings conference call
0830 DR Horton Inc: Q1 earnings conference call
0830 Johnson & Johnson: Q4 earnings conference call
0830 Procter & Gamble Co: Q2 earnings conference call
0830 RTX Corp: Q4 earnings conference call
0830 Verizon Communications Inc: Q4 earnings conference call
0900 3M Co: Q4 earnings conference call
0900 Halliburton Co: Q4 earnings conference call
0900 Invesco Ltd: Q4 earnings conference call
1030 United Airlines Holdings Inc: Q4 earnings conference call
1100 Lockheed Martin Corp: Q4 earnings conference call
1130 Visa Inc: Annual Shareholders Meeting
1200 Paccar Inc: Q4 earnings conference call
1300 Becton Dickinson and Co: Annual Shareholders Meeting
1630 Intuitive Surgical Inc: Q4 earnings conference call
1630 Texas Instruments Inc: Q4 earnings conference call
1645 Netflix Inc: Q4 earnings conference call

EXDIVIDENDS
Clorox Co: Amount $1.2
Lennar Corp: Amount $0.5
Lowe's Companies Inc: Amount $1.1

Beste beleggers, beursvolgers ...

De indices op Wall Street starten de week positief en de Nasdaq 100, de Dow Jones en de S&P 500 zetten meteen weer nieuwe records neer. Wel stonden alle indices eerst nog hoger want richting het slot werden de winsten wat minder. Ook Europa sluit hoger maandag, de indices hadden nog wat in te halen na de positieve flow van Wall Street afgelopen vrijdag. De futures staan vanmorgen opnieuw wat hoger zodat de opening er positief uitziet, we wachten op Wall Street vanmiddag om te zien of het uiteindelijk een keer genoeg is na de extreem positieve run omhoog vanaf begin november. De Brent olie zien we vanmorgen rond de 80,1 dollar, de 10 jaar rente komt uit rond de 4,1%. De euro zien we rond de 1,091 dollar ... We hebben rondom de toppen van maandag enkele short posities opgenomen voor onze leden, u kunt nog meedoen door lid te worden ...

Voor wie graag een tijdje één van onze signaaldiensten wil volgen kan nu gebruik maken van onze proefaanbieding. U kunt dan een abonnement proberen tot 1 APRIL 2024. Systeem Trading voor €35, Guy Trading voor €40, Polleke Trading voor €45 en COMBI-Trading voor €75. Kijk vooral even een tijdje met ons mee en beslis daarna of het bij u past ... Schrijf u in via de link https://www.usmarkets.nl/trade...

Marktupdate 23 januari:
Wall Street sluit maandag opnieuw hoger waarbij de S&P 500, de Dow Jones en de Nasdaq 100 opnieuw een recordhoogte bereiken. Dat kwam vooral door dat beleggers plots optimistischer worden over de gezondheid van de economie en men kijkt nu vooral uit naar de komende kwartaalcijfers van de AI gerelateerde bedrijven.

De S&P 500 won 0,2%, de Dow Jones steeg 0,4% en sluit nu voor het eerst ooit boven de 38.000. De Nasdaq won 0,3% zonder een record maar de Nasdaq 100 won 0,15% en zet wel opnieuw een record neer. Ook de chip gerelateerde index SOX won 10 punten en zet een nieuw record neer. De Dow Transport index deed het ook goed met 1,7% winst.

De vooral door AI bedrijven aangedreven stijging van de technologie sectoren zorgt ervoor dat de matige start van het jaar op Wall Street nu weer volop de rally doorzet en de indices zo uit hun korte dip geraken. De belangrijkste indices komen zo voor wat betreft de maand januari in de plus terecht.

Beleggers gaan nu vooral uitkijken naar de kwartaalresultaten van onder andere Netflix en Tesla later deze week maar de aandacht zal veel meer liggen op volgende week waar er nog belangrijkere bedrijven met cijfers komen waaronder Microsoft, Alphabet en Meta Platforms. Al deze bedrijven zullen de verwachtingen moeten wegblazen om de huidige koersen te verantwoorden.

De verwachting van mijn kant blijft dezelfde, aan de ene kant zitten we met een bubbel in ontwikkeling bij de AI gerelateerde bedrijven terwijl het aan de andere kant gevaarlijk blijft door de mildere verwachtingen rondom de rente en ook de economische vooruitzichten als gevolg daarvan. Dat maakt het er allemaal niet makkelijker op. Wel probeer ik aan de ene kant mee te surfen met de positieve golven en aan de andere kant nemen onze tijd om waar het kan te anticiperen op een correctie die ik snel verwacht ...

De Rente en de FED:
Tegelijkertijd zullen de functionarissen van de FED redelijk stil blijven in de aanloop naar de volgende bijeenkomst die volgende week op 30 januari begint. Toch zullen beleggers zeker letten op het groeicijfer uit de VS dat donderdag bekend wordt gemaakt en de inflatiecijfers van vrijdag.

Europa:
In Europa zien we maandag een positieve sessie, de AEX index sluit uiteindelijk 6,71 punten (0,86%) hoger terwijl de DAX met 128 punten (0,77%) winst de sessie afsloot. De CAC 40 sluit 43 punten (0,59%) hoger, de BEL 20 sluit met 0,95% winst.

Economie en cijfers:
Tot woensdag weinig belangrijke cijfers uit de VS zoals we kunnen zien via de agenda. Wel komt donderdag de ECB samen om over de rente te beslissen, vrijdag krijgen we belangrijke inflatiecijfers uit de VS.

Kwartaalcijfers deze week:
We krijgen opnieuw een reeks met kwartaalcijfers, meerdere Dow Jones bedrijven komen deze week met hun cijfers. Denk vandaag onder andere aan 3M, Netflix, Verizon en Texas Instruments. Later deze week komen ook IBM, Intel en Tesla met cijfers. Ook ASML wat het grootste bedrijf binnen de AEX is komt morgen (woensdag) met cijfers.

Signaaldiensten 2024:
We hebben een mooie winst kunnen nemen op enkele posities die vorige week werden opgenomen, het waren LONG posities op enkele indexen en ook op 2 aandelen bij Systeem Trading en Guy Trading. Alle posities werden aangekocht toen de indices nog even behoorlijk wat moesten inleveren vorige week. De posities nam ik op omdat ik nog een aanval verwachtte richting de topzone wat ook gebeurde.

Nu zijn we voorzichtig met wat posities ingestapt rondom de toppen van maandag, het gaat om wat SHORT posities. We blijven wel voorzichtig daarmee in deze fase want de markt zit in een soort flow die moeilijk te stoppen is maar er moet ook even een terugval komen en daarop anticiperen we vanaf de hoge stand op Wall Street. Wordt nu snel lid en ontvang ook onze signalen tot 1 APRIL ...

Nieuwe opzet signaaldiensten:
Vanaf dit jaar werken we ook met een wat hoger bedrag wat er voor zorgt dat we meer en waar het kan wat grotere posities kunnen opnemen. Bij Systeem Trading kunnen we tot pakweg 5 tot 6 posities gelijktijdig opnemen, bij Guy Trading zo'n 8 a 10 posities gelijktijdig. Onafhankelijk van elkaar en sommige posities kunnen zo wat langer doorlopen terwijl we met andere posities meer ruimte krijgen om wat korter op de bal te spelen. Het wordt totaal anders en zo zijn we niet meer alleen afhankelijk van alleen maar de indices.

Volg ons in ieder geval tot 1 APRIL via de aanbieding vanaf €35, ga naar https://www.usmarkets.nl/trade... en schrijf u snel in zodat u niets hoeft te missen.

Rente 10 jaar VS:
De 10 jaar rente in de VS staat vanmorgen rond de 4,1% en blijft zo nog altijd ruim boven de 4%. Vanaf de bodem rond de 3,78% staat de rente alweer zo'n 0,3% hoger. Weerstand nu eerst rond de 4,2%, steun nu rond de 4,1% en de 4%.

Olieprijs:
Vanmorgen komt de Brent olie uit rond de 80,1 dollar en blijft voorlopig boven de 77-78 dollar waar we nu steun kunnen verwachten. Verder steun rond de 74-75 dollar met daaronder de 72-73 dollar.

Weerstand nu eerst rondom de 80 dollar met daarboven de bekende 82 dollar als mogelijk doel.

We handelen via zowel Systeem Trading, Guy Trading en COMBI-Trading op het verloop van de Brent olie, we hebben vorige week al winst kunnen nemen op een positie op de Brent olie.

Indicatie markt voorbeurs:
Vanmorgen zien we dat de futures zowel op Wall Street als in Europa iets hoger uitkomen. De rente in de VS komt vanmorgen uit rond de 4,1% wat nog altijd ruim boven de 4% blijft. De Brent olie staat vanmorgen rond de 80,1 dollar. De euro zien we vanmorgen rond de 1,091 dollar.

In Azië zien we vanmorgen opnieuw een verdeelde sessie, de Nikkei index sluit 0,1% lager maar het is nu de Hang Seng index die fors hoger sluit met 2,8% winst.

Analyse AEX:
De AEX sluit maandag met 6,71 punten (0,86%) winst en komt nu uit op 785,6 punten. De AEX herpakt zich na de terugval van eerder vorige week opnieuw en sluit zo opnieuw boven de 780 punten.

De eerste belangrijke steun komt nu uit rond de 779-780 punten, verder zien we steun rond de 775 punten met daar snel onder de 772 punten. Verder letten we op de 765-766 punten als steun.

Weerstand nu eerst rond de 785-786 punten, later rond de 790 en de 795 punten weerstand.

We handelen via onze signaaldiensten vaak op de AEX index. Om de signalen te ontvangen kunt u lid worden. Schrijf u in via de link https://www.usmarkets.nl/tradershop en ontvang onze signalen en updates tot 1 APRIL ...

Grafiek AEX:

Analyse Nasdaq 100:
De Nasdaq 100 sluit opnieuw met een record dat nu uitkomt op 17.330 punten, de index won 0,1% maandag. De Nasdaq 100 brak eind vorige week duidelijk uit boven de topzone en trekt verder door. De Nasdaq 100 bereikte gedurende de sessie nog een hogere stand, de hoogste intraday stand zien we nu op 17.450,3 punten uitkomen.

Steun nu eerst rond de 17.250 punten, later rond de 17.150 en de 16.968 punten waar de oude top uitkomt als steun. Verder zien we steun rond de 16.750 punten. Weerstand krijgen we nu rond de 17.500 punten.

De RSI staat nu rond de 72, de MACD staat boven de 0-lijn en draait naar positief.

Om mee te doen met onze signalen op de Nasdaq 100 index kunt u nu gebruik maken van onze aanbieding tot 1 APRIL. Schrijf u meteen in via onze Tradershop op de website, de link daarvoor is https://www.usmarkets.nl/trade...

Grafiek Nasdaq 100:

Analyse DAX:
De DAX won maandag 128 punten (0,77%) en komt nu uit op 16.683 punten. Weerstand zien we nu eerst rond de 16.800 punten, later vooral de topzone rond de 17.000 punten als weerstand.

Steun nu eerst rond de 16.600 punten met daaronder de 16.500 punten. Verder zien we steun rond de 16.375 punten waar het 50-daags gemiddelde nu uitkomt.

De RSI zien we nu rond de 56, de MACD draait verder naar beneden toe en komt dichter bij de 0-lijn uit.

We handelen via onze signaaldiensten vaak op de DAX index. Om de signalen te ontvangen kunt u lid worden. Schrijf u in via de link https://www.usmarkets.nl/tradershop en ontvang onze signalen en updates tot 1 APRIL ...

Grafiek DAX:

Analyse Dow Jones:
De Dow Jones sluit maandag 138 punten (0,36%) hoger en komt nu uit op 38.002 punten, de Dow Jones bereikt zo opnieuw een mijlpaal met die 38.000 punten en zet een nieuw record neer. De hoogste stand ooit zien we nu op 38.109,2 punten.

Weerstand zien we nu eerst rond de 38.110 punten met daar snel boven de 38.250 punten. Later weerstand rond de 38.500 en de 38.750 punten. Let vooral op de lijn over de toppen vanaf nu, die komt elke dag iets hoger te liggen en zal op de korte termijn weerstand blijven voor wat betreft de Dow Jones.

Steun nu eerst rond de 37.900 punten, later de 37.750 en daaronder de 37.500 punten. Verder zien we steun rond de 37.250 en de 37.000 punten.

De RSI komt nu uit rond de 68 terwijl we de MACD nog altijd negatief draait.

We handelen via onze abonnementen vaak op de Dow Jones index. Om de signalen te ontvangen kunt u lid worden. Schrijf u in via de link https://www.usmarkets.nl/tradershop en ontvang onze signalen en updates tot 1 APRIL ...

Grafiek Dow Jones:

Handelen met Turbo's of Boosters op indexen en aandelen?
Voor wie een tijdje een signaaldienst wil volgen dan kunt u nu gebruik maken van de proefaanbieding. Een abonnement kunt u nu uit proberen tot 1 APRIL 2024, Systeem Trading voor €35, Guy Trading voor €40, Polleke Trading voor €45 en COMBI-Trading kan nu voor €75 !! Kijk vooral even een tijdje met ons mee en beslis daarna of het bij u past ...Schrijf u in via de link https://www.usmarkets.nl/tradershop en dan staat u snel op onze lijst met leden ...

We hebben de eerste posities van dit jaar al met winst kunnen sluiten zodat we het jaar in ieder geval positief starten. Zie hieronder de laatste transacties en het resultaat van de maand januari. We zitten nu met wat posities in de markt, enkele indices en 2 aandelen. De leden hebben daar bericht over gekregen ...

De laatste transacties bij Systeem Trading deze maand:

Resultaat deze maand (januari)

Met vriendelijke groet,
Guy Boscart