US News Trading Idea SAP: The market has exceeded

11:55  30 october  2020
11:55  30 october  2020 Source:   finanzen.net

Hope for new stimulus package still alive: US trading ends with profits

 Hope for new stimulus package still alive: US trading ends with profits After a weak start to the week, Wall Street picked up again on the second trading day of the week. © Provided by Finances.net DANIEL ROLAND / AFP / Getty Images The Dow Jones ended Tuesday trading in profits, increasing 0.40 percent to 28,308.49 points. Wall Street bounced back from its weak start to the week on the second trading day of the week. Recently, investors were increasingly hoping for an economic stimulus package before the upcoming presidential election.

Find market predictions, SAP financials and market news. TradingView. Sign In. Ticker Trading Ideas Educational Ideas Scripts People. SAP has suffered 3 downgrades recently and unfortunately this can only lead to price declines.

SAP Global Trade Management (GTM) – Trading Contract (T/C). And this T/C has a nice document flow functionality not like S/Os and P/Os one, visually every single following documents are shows up under T/C as tree hierarchy, no matter what SAP module or transaction, EVERY documents you can

"Never reach into a falling knife!" - that is one of the iron rules of the stock market. But what if the market is obviously wrong? Then opportunities arise like with the software giant SAP, which was severely punished after a negative number template.

DANIEL ROLAND/AFP/Getty Images © Provided by Finanz.net DANIEL ROLAND / AFP / Getty Images

No question: The third quarter figures weren't really inspiring. Revenues in the cloud business, which is becoming more and more important, fell short of the market expectations of EUR 2.14 billion at 1.98 billion euros. The Walldorf-based company was also unable to meet expectations when it came to software licenses and support. The same applied to the operating profit, which was only 2.07 billion euros instead of the expected 2.13 billion euros.

Snap share shoots up more than 20 percent in the pre-trading session - Snap makes a surprising profit

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SAP saw its valuation fall by nearly billion on Monday as shares collapsed by 21% following disappointing third-quarter results. SAP just saw billion wiped off its market cap and it's on track for its worst trading day in 12 years. Published Mon, Oct 26 20205:53 AM EDTUpdated Tue, Oct 27

Trade - Ideas LLC identified Sap ( SAP ) as a pre- market mover with heavy volume candidate. SAP traded 126,109 shares today in the pre- market hours as of 9:20 AM, representing 10.6% of its The net income growth from the same quarter one year ago has exceeded that of the S&P 500 and the

But what ultimately triggered the crash in the share was the fact that the previously forecast margin growth is slowing down for the time being. The market no longer wanted to hear the reason, although it can explain a lot. Because SAP wants its customers to switch to the cloud faster. But that ultimately also means that the company has to invest.

The bottom line here is that the stock exchange may think far too briefly, is only focused on current results and completely ignores the great strategic potential at SAP. Investors who think outside the box will have one of the most exciting turnaround stories of the next few months.

If you want to leverage this for yourself from a speculative point of view due to the oversold chart position, you can rely on an Open End Turbo Bull from Citi. This paper has a current leverage of 5.3 and could offer a potential of around 100 percent. We would see a price target of around 3.50 euros for the bill. A stop loss should then be set at 0.85 euros.

• Underlying: SAP

• Product type: Knock-Out Warrants

• Issuer: Citi

• ISIN: DE000CХ- $ E1Q8

• Term: Open end

• Price knockout call (30.10.2020 10: 15): 1.76 euros

• Base price variable: 75.5046 euros

• Knock-out threshold: 75.5046 euros

• Leverage: 5.3

• Distance to knock-out: 18.5 percent

• Stop -Loss call: 0.85 euros

While the US election is underway: US stock exchanges end the day with strong premiums .
Wall Street showed profits on Tuesday, the last trading day before the results of the US presidential election. © Provided by Finanz.net Mario Vedder / Getty Images The Dow Jones climbed to the opening on Election Day Tuesday, its plus in the course of further expanded. Ultimately, investors sent the US benchmark index 2.06 percent to 27,480.03 points. According to polls, Democratic challenger Joe Biden still has a comfortable lead over US President Donald Trump.

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This is interesting!