Note that the cac 40 is currently tumbling. I reduced some winning positions on SMCP and Société Générale shortly after 9 am and bought 2000 Natixis at 2.20€ with a target at 2.35€. I was recommending Natixis one month ago at 2€ and there has been an extraordinary rally then, since the stock hit 3.85€, before falling back to...1.90€.
I keep some cash in case of another coup de tabac. I'm a bit worried again by the level of the sp 500, back to 2750 points, and on the short term, I don't see a lot of bullishness ahead, but I could be wrong. In the current context, practically 2 thousand Americans are dying each day of Coronavirus, and the pandemic is far from over.
