The Dax wants to go better, but is still held back.
IBM and SAP with strong earnings, but Credit Suisse cuts Europe to underperform and hikes US markets to outperform. First such move in a decade. So all in all a stabilizing day. Let’s see tomorrow, whether we can break the short term downtrend. Earned […]
Just have a look on the Tickchart of today’s action in the S&P emini Future at 7:01 London Time.
Slightly scary to imagine, what could happen.
Here it is:
Copyright by Tradestation
Situation:
U.S. Markets: Ended the week down up to 2% despite BoA taking over Countrywide Financial. Over the weekend speculation about new capital inflow for financial institutions from SWFs. Chinese and Arab buyers lining up, especially for Citibank and Merill Lynch. (pls. read my posts here) and here Rumours fly about the possible write offs, […]
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