‘This is a dangerous market’

We’ve had a bad week in the stock market. The AEX has fallen more than 4% this week, and although Adyen is the main culprit, this is a broad fall. Stocks that last week last high all the time Put it on the board, get it right, and the money that was already going down is now going down even harder.

The only good thing about such a bad week is that it is definitely not boring. How can Adyen’s value drop by at least 40% in one trading day and is it wise to hedge an investment portfolio against a stock market crash? We discuss this in detail in this passionate IEX BeleggersPodcast.

In addition, the following topics are covered:

• The Chinese real estate crisis and its potential impact on the global economy
• Anticipating the economic crisis of 2008/2009, he hedged his investment portfolio from collapse. Wise or not?
• Brief update of Aegon numbers
• Alfen turnover/earnings warning
• Is it ethical that Exor has built an invisible 15% stake in Philips?
• Rabobank certificates
• Expedited tour including BAM, TKH and Triodos certifications
• VinFast and Sacks Parente Golf IPOs
• Take a look at the chart: How does the Shell Technical Picture work?

Look at the graphics: Shell

Tom Niederhoff, TA Analyst, on Shell’s technical picture:

“Shell has recovered from the pandemic quickly and convincingly. Since the dips (congratulations if you picked up the pieces) around 10€, the price has rebounded strongly, which means it’s now back in the old range.

Three important price levels have been applied to the chart, namely 25€, 28€, and 31€. Many moments of contact appear around these levels, which has resulted in range trading over the years.

Speculators have already managed to make several trips within that range, although Shell certainly isn’t a bad stock in the portfolio given its dividend yield. If we look at the period from 2005, we see three previous periods within the current bandwidth, where the price has always made progress towards 31€.

Thus, a new bullish phase is unimaginable and will provide investors with an upside of more than 10%. However, in the short term, the stock is moving sideways, lacking a clear signal. A break above recent highs at €28.70 could be used to pick up some pieces, although the risk due to volatility within the range is high.

Just above 31 euros there is room for another increase. The picture weakens with a breakout below €25, although Shell has shown it has an excellent ability to recover. “