German DAX, week of June 14th, Lufthansa, E.ON, BMW, Daimler, Merck, Linde

It was an interesting week. The DAX decided 10,000 points is a little bit to much and went to the South.

The question is only do we have now the famous correction everybody is talking about? We do not think so. There is still a lot of money on the market and not all of the companies whose shares developed an SAR  sell during the week are bad: 

We do know that Lufthansa has major problems with their pilots who are sure to be underpaid and we do know companies like E.ON have major problems with their business model. But companies like BMW and Daimler are certainly in a healthy condition.

We are sure this is not the correction. 

So where to put the money this week? There is actually no stock where we think an upswing will start. Even Merck and Adidas who got an SAR Buy signal will have some difficulties and might go to the side.  Same thing might happened to Linde.

Best thing next week is to be in cash......

but as always: just my 5 cents......