2023/04/27 (220) Column

I Am Not Writing Any Daily Colums
I’m Currently In Negotiations With A Financier Who Might Possibly Will Finance
Our Daily DEVISE 2 DAY Affiliate Financial Market Online Newspaper All By Himself !?
That`s Why I Don’t Want And/Or Can’t Take Time To Write Useful Daily Columns In The Next Weeks …


The last D2D Edition, in the current format and/or design, will therefore appear on Thursday, May 11, 2023 for the time being. And then back again, regardless of my current negotiations, then at the latest from Sunday, September 03, 2021, again for all interested financial market participants. Whether in the same format and/or also affiliate partners or even a new individual financier !? I don`t know yet ?! We will – one way or another – experience this together from September 2023. So a big THANK YOU to all loyal readers – and until Sunday, September 3rd, 2023 at the latest. If you have any further questions, contact me at Devise2Day@gmail.com …DEVISE 2 DAY 48h
– Last News About What Drives The News Media

AFTER ELECTION CRIME:
Kai Wegner Elected Berlin’s New Mayor After Three Ballots

The CDU politician Kai Wegner is the new governing mayor of Berlin. The state chairman of his party was only elected in the third ballot on Thursday, two and a half months after the re-election to the Berlin House of Representatives. The 50-year-old replaced SPD leader Franziska Giffey after only a year and a half in office and will lead a black-red coalition in the future.

Wegner’s election was a nail-biter: the 50-year-old did not achieve an absolute majority of 80 yes votes in the first and second ballots, but he did it in the third. In the first round, 71 deputies voted for Wegner, in the second 79. In the third ballot, in which a simple majority would have been sufficient, there were 86 out of 159 deputies, three abstained. Wegner accepted his election and was sworn in by Parliament President Cornelia Seibeld (CDU). He then drove to the Red Town Hall for the handover.

The AfD parliamentary group announced before the third ballot was counted that it had voted for the CDU politician. “Before the third ballot, the AfD parliamentary group decided to help Kai Wegner achieve the required majority,” said state and parliamentary group leader Kristin Brinker. The two leaders of the Greens, Bettina Jarasch and Werner Graf, called the election “a disastrous start to a government”. The fact that Black and Red could not achieve their own majority in two ballots raises the suspicion that Wegner was elected in the third ballot with votes from the AfD.

Black and red should never have risked that, they explained. “All of this sticks with you on this day and causes massive damage to the city, democracy and the political culture.” “A governing mayor by the grace of the AfD – what a disaster,” said Left Party chairwoman Katina Schubert. The SPD, on the other hand, congratulated Wegner “very warmly”. “To good cooperation,” said the party.DEVISE 2 DAY 48h
– Last News About How Drives The Price Action

Nasdaq: Big Tech Stocks Are Up – But Indices Aren’t, Why?

Big tech stocks from the Nasdaq Alphabet, Microsoft and Meta have risen sharply after the release of their quarterly results – yet the US indices on Wall Street are no longer rising. The exception was yesterday’s Nasdaq, but that was only due to Microsoft, which gave the index +114 points, while the index itself only gained 81 points overall – so without Microsoft, the tech index would have fallen as well. But why have US stock markets stopped rising despite the rise in big tech stocks? Because the markets are finally anticipating that a recession is coming and the best is already behind us. The usage rates remain stable – but the margins are clearly weakening: these are clear signs of an economic downturn. After the actually sobering figures from Meta (share still +11% after trading hours), it’s Amazon’s turn today, number three in the S&P 500 by weight.

Fed Chair Powell On The Phone
With Fake Selenskyi On Interest Rates And Recession!

It was announced today that Fed Chairman Powell had a phone call in January with a “fake Zelenskyi” – in fact a Russian who was posing as the Ukrainian president. In the call, Powell spoke about the Fed’s interest rate plans (they need to keep interest rates high for a long time) and that the Fed needs to cool down the economy, which could lead to a recession (the possibility of a recession only existed for the US Federal Reserve). officially admitted later in March in their FOMC minutes). Today’s US GDP figures, as well as many other data, point to this same recession – but at the same time the price component of US GDP shows that inflationary pressures remain high. Another tech rally today with the Nasdaq as the strongest index ahead of the figures from Amazon (we will report on finanzmarktwelt.de from 10 p.m.).Forex 10Y Government Bond Yields Commodties Stock Markets

Turkish Lira Extends Record Low US10Y Jump Following GDP Data Gold Prices Fall to 3-Week Low Asian Stocks Remain Under Pressure
Euro Hovers Around 1-Year High Silver Hovers Close to 1-Year High Russian Shares Close at 1-Year High
Brent Holds Decline on Economic Fears European Shares Gain on Thursday
FTSE 100 Falls for Fourth Session
US Stocks Surge on Upbeat Earnings

Turkish Lira Extends Record Low
The Turkish lira weakened past 19.4 per USD at the end of April, extending its record low amid overly-loose monetary policy, current account imbalances, and concerns regarding the presidential election in May. To ease financial conditions after Turkey’s earthquake, the TCMB held its interest rate steady at 8.5% for a second time in its April meeting, following the 50bps cut in February. The move added to a total of 10.5 percentage points in rate cuts since September 2021, pushing the currency to plunge by 57% and inflation to top at 86% in October. Meanwhile, a change in government next month could end the central banks’ liraiziation policies and pressure the lira before the eventual tightening and new economic framework kick in. On the other hand, should President Erdogan remain in office, consensus points to the “disorderly depreciation” of the currency.

Euro Hovers Around 1-Year High
The euro extended gains above $1.1, not far off Wednesday’s one-year peak of $1.1095, amid expectations the European Central Bank will likely continue to lead monetary policy tightening among the major developed market central banks. At the same time, investors dumped the dollar due to banking risks and the debt ceiling standoff in the US. The latest economic data added to signs that Europe’s economy remained resilient, with Germany revising up again its growth forecasts and a survey showing a continued recovery in consumer confidence helped by easing energy prices and prospects of wage increases. The ECB is seen raising borrowing costs for a seventh time at the May meeting, with most investors betting on a 25bps increase and others projecting a bigger 50bps. ECB’s Schnabel told Politico that a 50bps rate hike was not off the table, while Villeroy de Galhau called for limited increases.Treasury Yields Jump Following GDP Data
The yield on the 10-year US Treasury note, seen as a proxy for borrowing costs worldwide, rose to above the 3.45% mark on Thursday after a round of fresh economic data showed inflation remains a threat to the US economy, strengthening the case for a rate hike next week. Core PCE prices, which are the chosen inflation metric by the Federal Reserve, grew by a hotter-than-expected 4.9% in the quarter, and the headline PCE price index increased by 4.2%, above expectations. Also, although the US economy grew less than expected in Q1, consumer spending remained robust on the back of a strong labor market. Reinforcing the view, weekly unemployment fell in the latest week.

Gold Prices Fall to 3-Week Low
Gold prices pared gains and fell toward the $1,870 mark on Thursday, the lowest in over three weeks, amid a rebound in risk sentiment and expectations of tighter monetary policy from the Fed. A round of economic data showed PCE price indices accelerated above market expectations while unemployment claims unexpectedly fell, spurring bets that the Federal Reserve will commit to hawkish signals from FOMC members. The data pressured precious metals despite the slower-than-expected GDP growth of 1.1% for the first quarter, driving money markets to price fewer rate cuts by the Federal Reserve this year. Tighter monetary policy from the central bank raises the opportunity cost of holding non-interest-bearing assets, pressuring bullion prices. In the meantime, banking shares bounced back from recent lows as investors reassessed the risks that regional lenders pose to the US economy, limiting demand for safe-haven assets.

Silver Hovers Close to 1-Year High
Silver futures remained at the $25 per ounce mark, close to the one-year high of $25.8 touched on April 13th, supported by a subdued dollar and an upturn in demand for the safety of bullion. Risk sentiment was hampered by concerns over the health of the global banking sector after a Bloomberg report revealed Republic Bank was considering a significant divestment as part of its rescue plan. In the meantime, slow economic data and evidence of easing inflation continued to support bets on three rate cuts from the Fed by the end of the year. Besides higher demand for precious metals, a report from Ember showed wind and solar energy accounted for a record-breaking 12% of electricity generation in 2022, underscoring the strong need for silver as an industrial input.

Brent Holds Decline on Economic FearsBrent crude futures held around $78 per barrel on Thursday after losing about 6% over the past two sessions, as recession fears and renewed concerns about the banking sector outweighed falling US inventories and the prospect of tighter global supplies. The international oil benchmark has also given up all the gains made earlier this month when OPEC+ announced a surprise production cut. Investors fretted about tightening financial conditions that could dampen global growth and energy demand, with the Federal Reserve and European Central Bank set to raise interest rates further next month. Renewed concerns about the banking sector in the US also prompted investors to avoid riskier assets. Meanwhile, the latest EIA report showed US crude inventories dropped 5.054 million barrels last week, far exceeding expectations of a 1.486 million barrel decline. Elsewhere, more output cuts planned by OPEC+ from May could constrict global markets further.

Asian Stocks Remain Under Pressure
Asian equity markets were mixed on Thursday, taking cues from a weak lead on Wall Street as recession fears and renewed concerns about the US banking sector dampened market sentiment. Investors also reacted to soft economic data in the region, headlined by data showing Chinese industrial profits slumped 21.4% year-on-year in the first quarter. Meanwhile, the Bank of Japan kicked off a two-day monetary policy meeting, the first to be led by new BOJ governor Kazuo Ueda. The S&P/ASX 200, Nikkei 225 and Topix declined, while the Kospi, Hang Seng and Shanghai Composite fluctuated around the flatline.

Russian Shares Close at 1-Year High
The ruble-based MOEX Russia index closed 1% higher at 2,646 on Thursday, the highest in over one year, amid strong support from banks and energy producers as investors digested a batch of corporate results. Oil producers closed sharply higher, rebounding from losses early in the session after President Putin signed a decree to fix the discount of the Urals oil benchmark to Brent, facilitating the calculation of export duties and value-added taxes. Also, Tatneft added 1.3% after announcing dividends for 2022 profits. In the meantime, VTB set the pace for the bank rally in Moscow and soared by 6% after announcing a record-high profit for the first quarter of the year. Sberbank and TCS Group followed with 2% jumps. Tomorrow, the Central Bank of Russia is expected to maintain its key interest rate at 8.5%.

European Shares Gain on Thursday
European stock markets rose Thursday, as investors digested a raft of strong corporate earnings results as well as weaker-than-expected US GDP figures forthe first quarter, which could encourage US policymakers to adopt a less hawkish approach going forward. Still, renewed concerns over the banking sector continued to weigh on investor sentiment. On the corporate front, Deutsche Bank reported a better-than-expected 9% rise in Q1 profit as higher interest rates offset a slump in investment bank revenues, while BBVA said Q1 net profit rose 39.4% thanks to a solid performance in its main market in Mexico. Barclays has also reported a 27% jump to £1.78 billion in net profits for Q1, exceeding forecasts for a net profit of £1.432 billion.

FTSE 100 Falls for Fourth Session
Equities in London dropped for a fourth consecutive session on Thursday, with the benchmark FTSE 100 finishing below the 7,850 mark, as losses in the energy sector offset gains in technology. Investors digested several corporate earnings results for signs about the global economy’s health while contemplating the future interest rate path. Legal & General Group and J Sainsbury were among the top losers, down roughly 7% and 4%, respectively. On the upside, Barclays jumped more than 5% amid better-than-expected quarterly profit, while Unilever rose over 1% after smashing quarterly sales forecasts. AstraZeneca also came into the spotlight after beating estimates for its first-quarter profit and revenue, lifted by sales of its roster of drugs in emerging markets.

US Stocks Surge on Upbeat Earnings
The Dow closed more than 520 points higher on Thursday, while the S&P 500 and Nasdaq 100 were up 2% and 2.4%, respectively, as upbeat earnings took over concerns about a Fed-induced economic slowdown. Meta Platforms soared 13.9% after the Facebook parent beat revenue expectations in the first quarter and issued strong guidance for the current period. Shares of other social media giants like Snap and Pinterest moved in tandem deep into the green. On top of that, Eli Lilly rose 3.7% after raising its full-year profit forecast, while Comcast rallied 10.3% after beating earnings and revenue estimates. However, the US economy saw slower growth than expected in Q1, and the PCE index indicated an increase in inflation during the same period. Amazon and Intel are due to release earning reports after the bell.DEVISE 2 DAY 48h
– Where I Was Wrong, Where I Was Right

Argentina’s central bank raised its benchmark interest rate by 1,000 basis points today as a renewed peso selloff in parallel markets adds to the sense of crisis in the South American nation. The board boosted its key Leliq rate to 91%, the bank said in an emailed statement – the highest in at least five years. The bank said its decision is aimed at seeking real positive returns on their local currency investments and/or preserving monetary and financial stability. The Argentine Economy Ministry first announced its intention to increase the rate in a statement sent by message. It’s the biggest rate hike in the 3 years and a 1/2 years of President Alberto Fernandez’s administration.

The move by the bank known as BCRA is also the second rate increase in as many weeks as the government works to stop a sharp decline in the country’s currency in parallel markets with annual inflation running at over 100%. That backdrop is challenging policymakers’ efforts to avoid a sharp devaluation on the official exchange rate, which is managed by currency controls. The parallel rate, known by its Spanish acronym CCL, strengthened 2.2% to 460 pesos per dollar Thursday after Reuters first reported on the possible rate hike. Still, the currency lost 13% last week. Lifting rates comes on top of other recent emergency measures, such as the central bank tapping a swap line from China to finance imports or intervening in financial markets even as the International Monetary Fund warns against such a strategy. Earlier this week, Economy Minister Sergio Massa vowed to use “all the tools of the state to stabilize this situation” and halt the collapse in the nation’s parallel exchange rates.

It`s a desaster – no quest about!
An economic desaster and/or even socoal desaster too!
What should i write more about it? As really really hope that all particpants learned from the past, and/or making the right decsions in the present, for a better socoal and/or economic future in argentina.In this context, to blame the the FED in the USA should be understood as nothing more than an attempt to discredit the central bank – and a try to make profits, likes, attention (while blame the FED). Which, of all central banks in our so-called West, has still acted and/or reacted best since the desaster of the Lehman Brothers in 2008. Even if many other writing colleagues turn it into the opposite, since then.

However, basically, it`s now the time, if I`m not wrong, important to select in the US stock market, especially the NASDAQ 100. Because the rise of the NASDAQ 100 is based on the tech giants – while the majority of stocks from the tech sector are trading more or less around 52-week lows. And since we were stop out in our last NASDAQ 100 short 4XSetUp; incl. short 4XSetUps in TSLA and/or BABA, we currently only have long 4XSetUps in the DOW, DAX and SENSEX – which are less technology-heavy. But more about that in the Technical Analysis 4XSetUps next week. In this week’s Technical Analysis 4XSetUps, we are still concentrating us on the price action development of the BITCOIN Future.

                 Regardless of that let`s briefly throw a detailed overview of our all still open 4XSetUps yet:

                 TradingView Symbol since entry         target stop

long ICE-FX_IDC:EURUSD 2023/01/03 1.0545         1.1496 0.9935
long XETR:ADS 2023/02/12 139.26            170.08 121.30
TVC:US01Y 2023/03/03 4.79%
long CME:BTC1! 2023/03/20 27945         34455 25350
long CBOT_MINI:YM1! 2023/03/26 32434         35228 31148
long EUREX:FDAX1! 2023/03/28 15299         17675 12586
long BSE:SENSEX 2023/03/30 57960.09         63583.07 52516.76
short TVC:UKOIL 2023/04/20 80.75         60.30 89.05

In the Financial Markets 4XSetUps (from page 25) i choosed the NASDAQ-HON share today.
I came to the bullish/bearish result of 14:4, with the help of the methods of the technical analysis – thanks many indicators. But watch, analyze and/or evaluate for yourself (buying/selling or not trading).

Honeywell International, Inc. is a software industrial company, which offers industry specific solutions to aerospace and automotive products and services. It specializes in turbochargers control, sensing and security technologies for buildings and homes, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business, and transportation. It operates through the following segments: Aerospace, Home and Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. The company was founded by Albert M. Butz in 1906 and is headquartered in Charlotte, NC.