La Bourse explose : Quoi acheter encore en soldes

The speaker begins by acknowledging a personal discomfort with making numerous purchases at the moment but highlights existing opportunities in the market. Despite potential market stagnation, sufficient volatility is anticipated to create trading possibilities. The video will cover both large and small-cap stocks, focusing on bearish, bullish, and potentially trend-reversing patterns, with an emphasis on fundamentals beyond mere speculation for small caps. The first stock discussed is SAP, which is currently in an undeniable downtrend. The speaker notes the recent negative sentiment in the software sector, driven by the rise of AI and its potential to replace traditional software. While it's difficult to pinpoint the exact bottom, some "small constructions" are observed, though a previous attempt in March failed. Despite market skepticism, these companies continue to deliver strong results. The speaker suggests that if the market's negative narrative proves unfounded, significant recovery could occur, especially given that many of these companies are financially robust. If CEOs are convinced that AI won't replace them and can even enhance their margins, they might buy back shares, pursue external growth, or reduce their free float, leading to substantial rebounds if AI doesn't disrupt software. The speaker cautions against expecting a quick V-shaped recovery for software stocks, suggesting that bottoming processes could be lengthy. For SAP, a key resistance level is 157. Breaking this could lead to targets of 170-180. Until then, the strategy for software stocks should involve short-term buying and selling, taking profits as they arise, until more durable patterns emerge. SAP is currently validating support levels, allowing for strategic planning. While a further 10-15% drop to 120 is possible for SAP and similar stocks like Volters, such levels would present clear buying opportunities without much hesitation. The speaker emphasizes a dynamic long-term approach, even for stocks like SAP. If a support level breaks, they would sell, even from a long-term portfolio, and repurchase at a lower price, demonstrating that market signals dictate the investment horizon, while personal conviction guides the selection of long-term interest stocks. Moving on, the speaker notes that there are no strong signals yet, only the holding of support levels, which is a positive sign. For Volters, if the current support breaks, a drop to the 50-55 range is possible, which would be an undeniable buying opportunity. The current levels could hold as support, potentially leading to a rebound in May for software stocks. The medical sector is also highlighted as an area of interest, similar to consumer stocks, although results for companies like BIM, DIM, and MPace have been challenging. Sartorius is discussed as working a support zone it has held for two years, between 190 and 220. Breaking this zone is crucial for a sustained uptrend. The speaker views Sartorius as a long-term watch, with timing being key. Holding current levels and digesting results would be a strong sign of strength. Alternatively, a breakdown could lead to a 10-20% drop, bringing it to levels where buying would be a no-brainer, similar to SAP or Volters. For Sartorius, this could mean a return to 130. The ability to hold the 150 level will be crucial. For less volatile investments, such as those for a "nest egg" portfolio seeking dividends, FDJ is mentioned. FDJ previously rebounded as anticipated but hit resistance and is now returning to break levels. Holding these levels is critical; a quick rebound would signal strength and a buying opportunity to reduce portfolio volatility. Failure to hold could lead to a prolonged period of consolidation. The speaker then turns to small-cap stocks, specifically MGI International. MGI has shown strong results, expanded into semiconductors and armaments, and has seen its stock price rise from 8€ to 14-15€. It is considered undervalued with further potential, and any significant pullback should be seen as a buying opportunity, especially given the long-standing potential for a takeover. With 150 million in equity and 20-25% of its market cap in cash, MGI is a deeply discounted value stock. Similar to MGI, software companies like Mandiant have been beaten down to near their cash levels. While Mandiant would need to drop to 35-40 dollars to reach its net cash level, the market is effectively valuing these companies at zero, despite their significant cash reserves that could fund external acquisitions. This makes many tech stocks appear as value plays. For Mandiant, a drop to 40-50 dollars is not impossible, which would present a strong buying opportunity. Currently, it is showing signs of stabilizing and building a base for a rebound or reversal. Teleperformance is another "unloved" stock that is starting to hold support. While not out of the woods, it shows positive pre-signals that could lead to a rebound to the 65-75€ range, as long as it stays above 50€. A drop below 50€ would simply mean the timing isn't right yet. The electrical, solar, and electric vehicle sectors are also highlighted. Alfen, for example, did not consolidate as expected but went straight to resistance and is now consolidating, forming a "cup and handle" pattern that should be watched closely. Other strong performers in this sector include Fastned, Enphase, SHS, SMA Solar, and Nordic Semiconductor, all showing upward breakouts from long consolidation patterns. Emerging markets, particularly Latin America, are expected to see growth in middle-class consumers, making marketing-focused companies like Delocal interesting. Delocal is still building its pattern, but a breakout could lead to a doubling of its price. In the crypto space, Bitcoin is holding well. Speculative assets like Bakkt are also holding support after a good rebound. If Bakkt continues to hold 8 dollars, the next target is around 11 dollars. Finally, Zalando requires more maturity, having failed to break out but continuing to build its pattern. The speaker considers what governments and central banks might do to support consumers if global situations worsen, potentially leading to a recession. If consumer support measures are implemented (tax relief, reduced energy bills), Zalando and similar consumer-focused companies like LVMH could rebound. Zalando currently holds support around 24€; a move to 25-26€ would signal a reversal for the second half of the year. The speaker concludes by emphasizing that market observation is crucial, especially during uncertain times, as current developments are "very pivotal." He encourages viewers to subscribe for updates on his portfolio and stock lists and to share their own stock ideas and investment themes in the comments.