As I am moving house and office I will only irregularily update this blog until the end of June.
Take care and enjoy the start of summer!
Cheers Oli

Fed minutes and they give a hint …
A full-blown recovery will last AT LEAST 5 YEARS …
NO COMMENT …
I just tilted the SELL BUTTON …

Banks keep recommending themselves to investors …
Every day a new recommendation, a new round of upgrades …
Today we had Goldman calling Bank of America a “conviction buy” … hmmm
JPMorgan and Citi hiked Goldman price targets and earnings estimates … hmmm
The interesting thing about this is … as the markets so far are holding up … […]

Just read here … revisions of data … often seen … here you are …

Is U.S. government-data being “massaged”?
Not nice

Watch this video … shocking … FED is out of control

News is … (Fox Business)
Democrats Look to Extend Federal Support to Muni-Bond Market
The House Financial Services Committee is scheduled to consider a series of bills that would provide massive government backing and intervention to the municipal bond market. Draft legislation is expected to be introduced as early as this week. A full committee […]

As fundamentals are “out of favor” at the moment … here the chart perspective for the S&P:

Copyright by Tradestation
As you can see … the S&P started its downtrend in October 2007 and accelerated one year later into a virtual free fall.
After testing the parallel of the connection of the 2 highs (2000 and 2007), the […]