Where is Volkswagen heading?

The price of Volkswagen has been falling since 10 April 2015, when it closed at EUR 253.20, and closed yesterday at EUR 165.40, a drop of 34.7% in a little over five months. Yesterday alone, it fell by 3.2%.

The recall of half a million cars in the USA, ordered by the US Environmental Protection Agency, probably had something to do with yesterday's dive. It was found that some models had a device installed that disguised pollution levels when the cars were being tested and showed a lover rate of pollution. This recall will cost Volkswagen an estimated USD 18 billion.

http://www.bbc.co.uk/news/world-us-canada-34298259

Buying opprtunity for Swisscom (SCMN)?

Yesterday's closing price of Swisscom (VTX:SCMN) of CHF 486.80 represents a new one-year low for this stock.

The big drop in price happened last month, when Swisscom announced that the profit for the first half of the year was 2.2% lower than the previous year. Another factor must have been Swisscom's decision not to include a provision in its second quarter financials in relation to the CHF 143 million (EUR 132 million) fine demanded by the country’s competition watchdog over its alleged abuse of its dominant market position by marketing sports content exclusively to its subscribers.

See also this news article: Swisscom sees strong TV 2.0 growth, declines to make provision for fine

OILB: bought today

My limit order to buy the ETFS Brent Oil (LON:OILB) was executed today at USD 26.00

OILB: limit order to buy

I placed an order to buy the ETFS Brent Oil (LON:OILB) with a limit of USD 26.00

Crude oil price development

Last week, I saw a prediction that the crude oil price would fall below USD 40.00 per barrel and this has now happened. I'm waiting to see if it goes any lower.

Is this the buy signal for OILB?

The ETFS Brent Oil (LON:OILB) gapped up today and is already trading 3% above yesterday's close. If this upward trend continues, I may be getting a buy signal soon.

NOVN: bought today

My order to by Novartis (NOVN) was executed at CHF 91.25

NOVN: buy order

I have placed a limit order to buy Novartis (NOVN) at CHF 92.65, which was yesterday's closing price.

GOOG: bought today

I bought Google (GOOG) today on the Nasdaq exchange at USD 612.6475, expecting that the price will bounce back quickly to USD 660.00

Waiting for OILB buy signal

The price of the ETFS Brent Oil (LON:OILB) is still on a downward trend. No buy signal yet.

My watchlist: adding ZURN

I am adding Zurich Insurance Group (VTX:ZURN) to my watchlist, as I my want to add to my position of this stock when I detect a clear upward trend. At the moment, the price is still falling.

OILB looks interesting

I did well with ETFS Brent Oil (LON:OILB) in the past and it looks the most interesting of the four items on my watchlist.

The price may go down some more from the current USD 30.10 with sanctions against Iran lifted and worldwide demand for oil possibly falling some more.

Watchlist: CSSMI, OILB, SOON, ASHR

Currently, I have these securities on my watchlist, looking for a good opportunity to buy one of them:

iShares SMI (SIX:CSSMI)

ETFS Brent Oil (LON:OILB)

Sonova (SOON:SIX)

Deutsche X-trackers Harvest CSI300 CHN A (ASHR:NYSE Arca)

CSSMI: sold today

My order to sell my shares of iShares SMI (SIX:CSSMI) at market today was executed at CHF 95.56, representing a profit of 8.8% in 150 days.

CSSMI: order to sell

In view of he uncertainty about Greece's possible exit from the Euro zone I have given the order to sell my shares of iShares SMI (SIX:CSSMI) at market.

TSLA: bought today

I bought some more Tesla Motors Inc. (Nasdaq: TSLA) shares today, at USD 184.24, to double my holding of this stock. This has brought my average cost to USD 207.27

NESN: bought today

My buy order for Nestle (SIX:NESN) was executed today at CHF 67.55

CSSMI: received dividend

iShares SMI (SIX:CSSMI) paid a dividend of CHF 0.92 per share. This corresponds to a yield of 1.08% based on my purchase price of CHF 85.09

CSSMI: received dividend

iShares SMI (SIX:CSSMI) paid a dividend of CHF 0.46 per share. This corresponds to a yield of 0.54% based on my purchase price.

CSSMI: received dividends

iShares SMI (SIX:CSSMI) paid a dividend of CHF 0.46 per share. This corresponds to a yield of 0.54% based on my purchase price.