The DAX Index has bounced back over the past few weeks as investors bought the dip following the easing of trade tensions. It bottomed at €18,500 on April 7 after Donald Trump delivered his Liberation Day tariff speech. It has then bounced back by 22% to the current €22,500, its highest level on April 1. 

Top DAX Index shares to watch

The German DAX Index reacted to earnings by companies like Deutsche Börse, Mercedes-Benz Group, Deutsche Bank, Adidas, Volkswagen, and BASF. 

This article explores some of the top DAX companies to watch next week. Some of these firms to watch will be MTU Aero, Continental, Zalando, Siemens Healthineers, Vonovia, Rheinmetall, Siemens Energy, Heidelberg Materials, Henkel, and Commerzbank. 

Commerzbank

Commerzbank’s share price has jumped this year, and is one of the best-performing companies in the DAX Index. It has soared by over 91% from its lowest level in August last year. 

Commerzbank’s business has performed well due to its growing revenue and profitability. It has also done well because of the ongoing accumulation by Unicredit, the giant Italian bank that has become one of its top shareholders. 

Unicredit received a nod from German regulators to acquire under 30% of the company last month. This move followed another one by the European Central Bank (ECB).

Investors will be watching closely what Commerzbank’s management will say about Unicredit in its upcoming meeting. In its part, Unicredit has not ruled out making out a full bid for the company. 

Rheinmetall

Rheinmetall has consistently been the best-performing DAX Index constituent over the past few years. Its stock has surged to €1,500, up by over 242% from its lowest level since August 5 last year. 

The stock’s surge accelerated after Germany announced a new plan to boost its spending by over billions of dollars. Other European countries like France, Italy, and the United Kingdom are boosting their defense spending, with a focus on European companies.

Rheinmettal share price will react to its earnings next week. In addition to its headline numbers, the results will also shed more color on the impact of US tariffs and the rising raw material costs. 

Read more: Rheinmetall, BAE Systems and other European defence stocks surge as leaders push for higher military spending

Zalando 

Zalando, the giant company in the food delivery industry, will be in the spotlight as it releases its results next week. Its stock has crashed by about 20% from its highest level this year. 

Some of the sell-off came this week after Morgan Stanley analysts downgraded the stock from equal-weight to underweight, citing its pricey valuation and the rising competition. 

The most recent annual results showed that its gross merchandise value jumped by 4.5% in 2024, while its revenue growth was 4.2%. The management guided towards revenue and GMV growth of between 0% and 5% this year. 

BMW

BMW, one of the leading companies in the automotive industry, will be in the spotlight next week as it releases its financial results. These numbers are expected to provide more color about its business now that Trump has implemented huge tariffs. 

BMW does a lot of business in the United States. On the positive side, it has a significant manufacturing presence in the US, where it operates its largest plant. This presence may help it to offset some of the tariff impacts.

However, the company will likely talk about costs, and possibly lower its guidance when it publishes its numbers next week.

Other top DAX stocks to watch

Investors will focus on Siemens Energy, a top industrial company in the country, which releases its numbers next week. The most recent data showed that its turnaround efforts are working as it reported its highest margins since its spin-off. 

Continental AG will also be in the spotlight because of its role in the automobile industry. Other firms to watch will be Siemens Healthineers and Heidelberg Materials.

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Crypto prices did well this week as investors embraced a risk-on sentiment. Bitcoin price soared to $97,000, while top altcoins like Virtuals Protocol and Fartcoin continued their recovery. This article provides a forecast for top cryptocurrencies like Morpho (MORPHO) Shiba Inu (SHIB), Arweave (AR), and Turbo (TURBO).

Why crypto prices are soaring

There are a few reasons why Bitcoin and most altcoins are doing well this week. First, the US released weak GDP data this week, as the impact of Donald Trump’s tariffs became apparent. The economy contracted by 0.3% last quarter, and there are signs that it may enter into a recession. 

A recession, while undesirable, would be beneficial for cryptocurrencies as it would likely prompt the Federal Reserve to intervene by cutting interest rates. It would also prompt Trump to negotiate trade deals, a move that would likely boost the stock market.

Therefore, there is a view that the tensions that have occurred in the first four months of the year will soon come to an end. Furthermore, top analysts have delivered bullish Bitcoin price predictions, with Cathie Wood’s Ark Invest predicting that it will reach $2.4 million by 2030.

Morpho price prediction

Morpho is a fast-growing AAVE rival that lets users earn, borrow, and build using its platform. It has attracted over $4.1 billion in total deposits and has $1.5 billion worth of active loans. Its most prominent partnership is with Coinbase, which is using its platform to offer Bitcoin loans. 

The eight-hour chart shows that the Morpho price has bounced back in the past few days, moving from a low of $0.08492 in April. It has crossed the important resistance level at $1.3165, and is nearing the 38.2% Fibonacci Retracement level. 

The most likely scenario is where the coin jumps as bulls target the psychological point at $2, which is about 42% above the current level. 

Shiba Inu price prediction

The daily chart shows that the SHIB price bottomed at $0.00001080 in April, down by over 67% from its highest level in November last year. The coin then bounced back and hit the crucial resistance level at $0.00001575. 

On the positive side, the coin formed a falling wedge pattern in the first quarter. This pattern is made up of two falling and converging trendlines. 

The risk, however, is that the coin has formed a double-bottom pattern at $0.000015. This pattern is one of the most bearish sign in the market. Therefore, the most likely Shiba Inu price forecast is neutral for now.

The key levels to watch are $0.000015 and $0.000010. A move above the double-top point at $0.000015 will invalidate the double-top pattern and point to more gans later this year. A drop below the support level at $0.000010 will indicate further downside.

Turbo price analysis

The daily chart shows that the Turbo price bottomed at $0.0013 in April and has bounced back by 280% to $0.0050. It has moved above the key resistance level at $0.0030, the lowest level in August last year. 

Turbo price has moved above the 200-day moving average, while top oscillators like the Relative Strength Index (RSI) and the MACD have all pointed upwards. 

Therefore, the token will likely continue rising as bulls target the key resistance point at $0.01, up by over 93% above the current level.

Arweave price technical analysis

The Arweave token bottomed at $4.6 in April and has bounced back to $7.5, its highest level since March 3. It has moved above the 50-day and 25-day moving average, and crossed the key resistance level at $7.6, the highest swing on March 24. Therefore, the coin will likely keep rising as buyers target the key resistance at $10.

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The GBP/USD exchange rate has formed a giant cup-and-handle pattern that could trigger more gains ahead of the upcoming Bank of England (BoE) and US nonfarm payrolls (NFP) data. It was trading at 1.3300, a few points below the year-to-date high of 1.3430. This article highlights the bullish outlook for pound sterling. 

US nonfarm payrolls data ahead

The GBP/USD pair will react to the upcoming US nonfarm payrolls (NFP) data, which will provide more color about the state of he economy. 

Wall Street analysts are not optimistic about the labor market due to the actions of Donald Trump. 

He announced large tariffs on imported goods from other countries, weakening business confidence. The administration has also fired thousands of workers through the Department of Government Efficiency (DOGE). 

A report released by ADP earlier this week showed that the US private sector created just 61k jobs in April as employers slowed their hiring process.

Economists expect the data to show that the economy created 138k jobs in April after adding an additional 228K in March. There are odds that the official figures will be lower than expected. Also, as it has done in the past, the Bureau of Labor Statistics (BLS) may downgrade the numbers it released last month. 

The other key data to watch will be on wages and the unemployment rate. Analysts expect the numbers to reveal that the jobless rate rose to 4.3%, while the average hourly earnings rose to 3.9%.

These numbers follow the US’s release of weak data. The US GDP contracted by 0.3% last quarter, while the consumer confidence has plunged to pandemic levels. Therefore, there is a likelihood that the Fed will start to pivot by hinting of more rate cuts.

Bank of England decision ahead

The next important GBP/USD news will be the upcoming Bank of England (BoE) interest rate decision, scheduled for next Thursday.

There are odds that the BoE will cut interest rates by 0.25% next week since they remain higher than in other countries. The bank has left rates at 4.50%, higher than the European Union’s 2.4%.

Recent data indicate that the UK economy is softening and inflation is declining. The headline Consumer Price Index (CPI) fell from 2.8% to 2.6%. Analysts believe that the ongoing trade war could be deflationary, as China redirects goods intended for the US to European countries. 

GBP/USD technical analysis

The daily chart reveals that the GBP/USD exchange rate has been in a strong bull run in the past few months. It jumped from a low of 1.2100 in January and reached a high of 1.3431.

Along the way, the pair formed a cup and handle pattern, a popular bullish continuation pattern with a depth of about 10%.  It is now forming the handle section of the C&H pattern.

Therefore, measuring the same distance from the cup’s upper side shows that the pair will ultimately surge to 1.4700. 

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The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and the JPMorgan Equity Premium Income ETF (JEPI) have accumulated assets because of their high dividends. JEPI has over $38.9 billion in assets, while JEPQ’s assets have soared to over $24 billion. This article compares the two funds and assesses the better one to buy.

What is the JPMorgan Nasdaq Equity Premium Income ETF?

The JEPQ ETF is a popular fund that aims to give investors exposure to the tech-heavy Nasdaq 100, while still generating a strong dividend return to investors. 

It does that by first investing in all companies in the Nasdaq 100 Index. This includes companies like NVIDIA, Tesla, Microsoft, Apple, and Google. Historically, the Nasdaq 100 Index has a good record of beating other benchmarks like the S&P 500 and Dow Jones. 

After this, the fund then uses the covered call strategy by selling covered call options on the Nasdaq 100 Index. The benefit of this approach is that it lets the fund generate a regular income through the premium payments it generates.

What is the JPMorgan Equity Premium Income ETF?

The JEPI ETF is a popular ETF that works in the same way as JEPI, but it has a key difference in that it focuses on the S&P 500 Index. It invests in a diversified group of companies in the S&P 500, and then sells call options on the index. 

JEPI does not invest in all the companies in this index. Instead, it invests in about 112 companies, including large names like Amazon, Travelers, Mastercard, ServiceNow, and Meta Platforms. 

Read more: JEPI ETF put to the ultimate test: is it beating VOO and SPY?

JEPI vs JEPQ: Better covered call ETF to buy?

A common question is on the better investment between JEPI and JEPQ. The first low-hanging fruit in this analysis is to consider the expense ratio of the two funds. 

The two of them have a similar cost of 0.35%, making it a tie. However, when comparing fees, one can also consider the fact that popular ETFs that track the S&P 500 and Nasdaq 100 indices have a lower expense ratio. 

The other data to watch is their dividend yield, a notable thing since investors acquire these funds for their payouts. JEPQ has a dividend yield of 11.23%, while JEPI yields 7.80%. This means that a $100,000 investment in JEPQ will bring in a dividend return of $11,200, while JEPI will bring in $7,800. These returns excludes the price appreciation and the fees changed. 

Therefore, the JEPQ ETF is a better investment than JEPI since it has a higher return than the JEPI one. 

Read more: JEPQ vs JEPI: Are these boomer candy ETFs good buys in 2025?

Return comparison between JEPI and JEPQ

The other thing to consider when looking at the best ETF to buy is their total returns over the years. When doing this comparison, it is worth to note that past performance is not an indication of what will happen in the future. 

However, I believe investing in an asset with a long track record makes more sense than the laggard. For example, investors have been rewarded well by investing in the Nasdaq 100 Index instead of buying the Dow Jones. 

The chart above shows that the JEPQ ETF has had a total return of 37% in the last three years, much higher than what JEPI had. Similarly, JEPQ has risen by 9.7% this year compared to JEPI’s 6.35%. 

Therefore, these numbers, together with the dividend yield, show that the JEPQ is a better fund to buy than JEPI.

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The S&P 500 index and its ETFs like SPY and VOO have bounced back in the past few weeks as investors buy the dip and bet that the worst is now behind us. After crashing to a low of $480 in April, the S&P 500 Index has jumped to $560, and is targeting the all-time high of $610. This article explains why one should not sell in May and go away, as the old saying suggests.

SPY ETF has numerous catalysts in May

Selling the S&P 500 Index in May and going away is risky because it has numerous catalysts that may push it higher this month.

The first catalyst comes from an unlikely source: the weak US economic data. Numbers released this week sent a red alert on the state of the American economy as Donald Trump’s trade war starts to bite.

It started on Tuesday when the US published weak consumer confidence report. According to the Conference Board, consumer confidence dropped to 87, the lowest level in years as many of them expressed worries about inflation and the labor market. 

On the following day, the US published weak trade numbers that revealed that the trade deficit surged to a record high as companies rushed to buy ahead of tariffs. 

Further data showed that the private sector added just 61,000 jobs in April, missing the expected figure by far. More numbers revealed that the economy contracted by 3% in the first quarter. 

While these numbers were all bad, they are good news for the stock market as they will trigger a reaction from the Federal Reserve and Donald Trump. Historically, the Fed reacts to major black swan events by cutting interest rates and implementing quantitative easing (QE). 

Therefore, the Fed will likely start pivoting in the coming months, which will boost the stock market.

Trump and China talks

The other reason not to sell the S&P 500 Index in May is that there are signs that the US and China will start negotiations on trade. 

Donald Trump has signaled that he will be ready to talk with China. And the WSJ has reported that he will be ready to make his first offer of cutting his 145% tariff to 50% at the start of talks.

On Friday, Beijing also said that it was assessing the possibility of trade talks with the United States. Such a move would end the stalemate that has been there in the past 30 days. 

While a deal will not come soon, signs of negotiations will be welcome by investors and push them higher in the coming months. An OCBC analyst warned that there will be volatility along the way, saying:

“The high level of reciprocal tariffs on China is not sustainable, so the market expects the US and China to start negotiating at some point. The beginning of negotiations will likely drive market volatility again because it is not expected to be plain sailing.”

S&P 500 Index technical analysis

The weekly chart shows that the S&P 500 Index bottomed at $482 in April, and has bounced back to $560. It has jumped above the 100-day Exponential Moving Average (EMA), while the Relative Strength Index (RSI) has pointed upwards. 

Therefore, the index will likely continue rising this month. If this happens, the next point to watch will be at $610, the highest point earlier this year. A move above that level will point to more gains towards $700.

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