Back to reality? 2 days of a bounce … that seems to be everything, one can ask for … After the close market was reminded that … – Financials are still not over it … Merill numbers were BAD … today we await Citibank … – Even Techs can miss again … Dollar weakness alone [...]

Here we go … SEC’s “short rule”, Wells Fargo’s dividend hike, chart supports, small VIX spike, down manipulated oil, margin calls, Friday’s expiration and the soon to be released earnings reports … Take whatever you want … believe the talking heads or have your own plan Nothing changed … it is still Benanke & friends [...]

Market volatility is getting nastier by the day … if you trade them … nice or nasty P&L Swings guaranteed … Anyway … situation fundamentally unchanged … the financial system is fragile … BE AWARE! Today we reached … and so far HELD some KEY LEVELS in the markets … so BOUNCE ALERT!!! Dax held [...]

Due to a business trip, service will resume Tuesday, July 15th … Take care! Oli

UBS said today morning, that they need no fresh capital … and this was seen positive Sometimes I can’t believe it … Remember … the UBS capital increase was only weeks old Then Goldman put out a study on European Banks … telling (at least part of) the truth. They need more MONEY … up [...]

Thanks to Mr Trichet, who sold a “one-raise-done-for-now” to the public, markets stabilized But especially the US market did not really bounce away from the “edge of the cliff”. The shortened session ended flat … if you want to see it positively. So enjoy your long weekend and let’s see, what next week brings

Difficult day tomorrow … a “half day” in America with Friday being a national holiday … And the markets are at the cliff’s edge … still balancing … but without any firm grip … What will we see??? – the third bounce from this level … which would be very rare? – a short lived [...]

H2 started quite volatile … and we all should be aware … as this footprint will be seen now many times … But to that later … First a word to the market as a whole … What setup did we have? A 9th down day in a row for the Nikkei … a record [...]