WHC – After EU election!

The election to the EU Parliament has failed and, as expected, the old-established parties of the Conservatives and Social Democrats have lost. The right-wing parties were able to grow, but voters were even more attached to the Greens and Liberals. The far more important decisions will be made in the coming days and weeks. A new Commission President must be appointed, as well as a new President-in-Office and a new ECB chief, all key positions in the EU’s role.

Another big chunk that threatens to collapse on the markets is the US-China trade dispute. Following further punitive tariffs on both sides, President Trump Huawei has now been blacklisted for cooperation, including a ban on cooperating with US corporations Huawei same. Furthermore, the US is convinced that the Chinese network company is spying for the Chinese government. This move has turned a trade dispute into a technology war, putting pressure on technology companies plus attachments worldwide.

It is to be hoped that a solution to the current situation will soon be found, because fundamental as well as economic data would actually indicate a further upswing, were it not for these quarrels.

WHC – ATTENTION NEW FACEBOOK PAGE !!!

Dear follower on our FB side, so it came to administrative problems with FB, we had to create a new page, this can be reached at: www.facebook.com/WorthHoldingCorporation

We hope that you find the information interesting and look forward to seeing you again on the new site.

Best regards

Worth Holding Corporation

WHC – Markets get losses back!

The markets were able to get a very big part of yesterday’s haircuts back today. Although it is clear now that the passenger jet from Malaysia Air was shot down over the Ukraine and the Israeli offensive in the Gaza Strip is being driven, market participants appreciate the geopolitical implications as rather low. Consumer confidence at the University of Michigan has gradually added 81.3 a little. IBM could per share exceed expectations with $ 4.32, General Electric was with $ 0.39 per share in line. Dow 17100.18 (+123.37) Nasdaq 4432.15 (+68.70) S & P 500 1978.22 (+20.10)

Daily charts: 2014-07-18-charts.png

WHC – Strong reductions because of Russia!

First, the U.S. markets followed European markets and recorded minus, because the sanctions against Russia were tightened because of the Ukraine crisis. As well as the less-than-expected initial jobless claims with 302K could not change, building permits in the U.S. fell by 4.2%. The Philly Fed Manufacturing Servants is again better with 23.9. Yesterday after market close, Ebay published the quarterly results and was better than expected with $ 0.69 per share. In the afternoon, then came the shock announcement that a plane of Malaysia Airline has crashed down in Ukraine, a shot down can not be excluded. The markets plummeted! Dow 16976,94 (-161,26), Nasdaq 4363,44 (-62,52), S&P500 1958,14 (-23,43)

Daily charts: 2014-07-17-charts.png