Money Trading Idea Nordex: Is there another setback?
Emmerdale's Aaron Dingle and Ben Tucker face another romance setback as Aaron meets Ben's friend Tom
Will these two ever work it out?Emmerdale spoilers follow.
The wind power capacities are to be further expanded in Germany - but the headwind remains considerable. The federal government wants to have a corresponding law passed in a few weeks. However, a number of nature conservation organizations and their lawyers are already getting into position to prevent this.
The manufacturer of wind turbinesis likely to be just as excited and critical of this. Because Germany is still the most important market for the company in terms of size, even if Nordex is working flat out to change this. In Latin America in particular, and especially in North America, successes were reported in this regard this year.
crypto exchanges: Stuttgart stock exchange's crypto trading platform ties Bankhaus Scheich to
BSDEX has recently also cooperated with Bankhaus Scheich. This should increase both liquidity and transparency in the asset class. © Börse Stuttgart A year ago, the Stuttgart Stock Exchange launched a trading platform for Bitcoin and crypto tokens The Frankfurt bank Scheich has connected to the crypto trading platform of the Stuttgart Stock Exchange, BSDEX for short, as the Handelsblatt learned.
Nordex recently received another major order from the USA. A total of 50 turbines with a nominal output of 240 MW are to be delivered for a wind farm project in Texas in the coming year. Particularly important for the market: This is about the latest Delta4000 turbines, which have correspondingly higher margins and should deliver a lot for the further development of profitability.
Nevertheless: The stock exchange will take a close look at how the hiccups in Germany will continue. In addition, the company will present its quarterly report in just under two and a half weeks. And if you look at the history of the last report templates, there is a risk of another setback, at least temporarily.
This is especially true if the share cannot stay above its support at around EUR 12 in the coming days. Then there is another risk of a setback in the range of 10.50 euros, perhaps even to the 200-day line at just under 10 euros.
Home and Away: Jasmine suffers another setback
Will the past ever be forgotten?UK airdate: Wednesday 28 October 2020 at 13:15 and 18:00 on Channel 5
With the price increase today, the bulls have the upper hand, but the danger has not yet been eliminated. Speculatively positioned investors can accompany the possibility of a new price slide with a put and fall back on an Open End Turbo Bear from Citi. The current leverage is 6.2 and we see a price target of 4.00 euros, thus a chance of almost 100 percent. It is hedged with a stop loss at 0.85 euros.
• Underlying: Nordex
• Product type: Knock-out
• Issuer: Citi
• Term: Open end
• Price knockout put (27.10.20, 14: 13:00): 2.04 euros
• Base price variable: 14.5036 euros
• Knock-out threshold: 14.5036 euros
• Leverage: 6.2
• Distance to knock-out: 14.7 percent
• Stop-loss put: 0.85 euros
M&S sinks to its first loss in 94 years as Covid restrictions bite .
As the High Street chain counted the cost of the pandemic, chief exec Steve Rowe said he was 'lobbying hard' for an extension to opening hours on Sundays to help retailers. © Provided by This Is Money Marks & Spencer chief exec Steve Rowe said he was ‘lobbying hard’ for an extension to opening hours on Sundays to help retailers The comments came as M&S reported a loss of £87.6million in the six months to September 26, its first loss since joining the stock market in 1926. The company made profits of £158.8million in the same period last year.