Welcome to Reward the Risk!

This website features views and studies on the financial markets through the eyes of an independent trader. As a former fund manager specialized in emerging markets, I take a multi-angle look on what is driving the markets. Macro developments, market positioning and in particular chart studies and technical analysis form the basis of my trading and investment approach.

The content on this website is categorized into four labels (see top menu). Trading views offer perspectives on a wide range of topics related to trading and investing. The section Charting & Technical analysis takes a technical approach to the markets.The category Publications is a door to deeper analysis on specific subjects, mostly published by the author on other platforms.

Enjoy the site and trade safe!

Yandex: Sum Of The Parts Reveals Upside

Yandex: Sum Of The Parts Reveals Upside

The solid earnings disclosed by Yandex give new confidence in the direction of the company. Yandex.Taxi continues to grow strongly. Also other parts of the company show encouraging performance. This leads to an update on our 'sum-of-the-parts' valuatRead More...
Introducing: Financial ratios overview

Introducing: Financial ratios overview

There are a number of financial sites that offer solid insight in the financials and respective financial ratios of individually listed companies. Take for instance the company specific pages of finance.yahoo.com, Reuters and maybe a bit lesser knownRead More...
Yandex: Does The Market Appreciate Yandex.Taxi, Other Company Segments?

Yandex: Does The Market Appreciate Yandex.Taxi, Other Company Segments?

For the first time, Yandex disclosed the performance of its divisions other than the core business in its Q1-2016 earnings release. As a result, we gain more insight in Yandex.Taxi and other promising ventures. In this article for Seeking Alpha, a ‘sRead More...
Can Google Cloud Project become the driver of Alphabet stock?

Can Google Cloud Project become the driver of Alphabet stock?

Latest since the strong performance of Amazon’s AWS, the public cloud has been a major theme for investors. The cloud Infrastructure-as-a-Service (IaaS) is expected to become a $129 billion market by 2020. The use of apps in the cloud, or SaaRead More...
A Bear Case For Apple (AAPL) – Update

A Bear Case For Apple (AAPL) – Update

The season for juicy Apples is apparently over… Shares of Apple (AAPL) have lost almost 30% since its all-time high last year. The Cupertino-based company even temporarily surrendered its position as largest company (based on marketcap) to Alphabet IRead More...
Why Micron Stock Offers Investors An Attractive Risk-Reward Right Now - Amigobulls.com

Why Micron Stock Offers Investors An Attractive Risk-Reward Right Now - Amigobulls.com

In a guest article for Amigobulls.com, a case is made for a long-entry in Micron Technology (MU). Despite the ugly chart during the last 15 months and weak quarterly results and guidance, better times could be around the corner. An entry is particulaRead More...
Why Tech Deserves An Overweight Position Compared To The Broader Market - SeekingAlpha

Why Tech Deserves An Overweight Position Compared To The Broader Market - SeekingAlpha

Most ETF investors track the broader market by investing in the leading SPDR S&P 500 ETF (SPY) and may track the technology sector being invested in PowerShares QQQ ETF (QQQ). The article, published on research platform SeekingAlpha.com, evaluateRead More...
Chart study: Where is the low for Brazil (EWZ)?

Chart study: Where is the low for Brazil (EWZ)?

Once proud BRIC-member and one of the largest emerging markets Brazil looks to be in an awful state. But with a population of 205 million and a large middle-class, it could be wrong to give up on Brazil. Despite the current recession, there’s still aRead More...
Tesla chart shows reason for concern

Tesla chart shows reason for concern

Electrifying. That fits a description of the ride shares in Tesla Motors (ticker: TSLA) made since the company went public in 2010. Since the IPO-debut at $17 per share, currently shares are up a whopping 1,140%. However, shares are now well below anRead More...
Emerging Markets Outlook 2016: These 3 Factors Make Or Break The Region Next Year

Emerging Markets Outlook 2016: These 3 Factors Make Or Break The Region Next Year

Emerging Markets delivered a huge disappointment for investors during 2015. In a new contribution for online research platform Seeking Alpha, the outlook for 2016 shows that there are three major themes for the coming year. Investors who play these mRead More...