The start to the new year was simply a disaster.
The market meltdown in China reflected across the world in a week American stocks recorded their worst weekly performances in years.
The S&P 500 was posting its worst opening week ever.
The market meltdown in China reflected across the world in a week American stocks recorded their worst weekly performances in years.
The S&P 500 was posting its worst opening week ever.
And history indicates that the trading in the first week of a new year could influence the direction of the market for the remaining 51 weeks.
Fasten your seat belts.
After this bloody start we barely managed to keep the average return in the green: +2.6%
This week we lost -1.6%, where the markets were losing -4.9% on average.
Some stocks are now heading for the buying-zone. We'll open next week by buying shares of Sortarius on the German market.
Sartorius AG is a Germany-based holding company engaged in the biotechnology and mechatronics sectors. It provides laboratory and process technology to companies operating in the pharmaceutical, biotechnology, chemical, food and beverage industries.
Fair value: 310 €
Average yearly return: +59%
Outperformer
Fasten your seat belts.
This week we lost -1.6%, where the markets were losing -4.9% on average.
Some stocks are now heading for the buying-zone. We'll open next week by buying shares of Sortarius on the German market.
Sartorius AG is a Germany-based holding company engaged in the biotechnology and mechatronics sectors. It provides laboratory and process technology to companies operating in the pharmaceutical, biotechnology, chemical, food and beverage industries.
Fair value: 310 €
Average yearly return: +59%
Outperformer
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