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 [...]

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 [...]

As fundamentals are “out of favor” at the moment … here the chart perspective for the DAX: Copyright by Tradestation As you can see, the German DAX is in a weekly downtrend since the start of 2008. I highlighted the following areas: 1. The start of the acceleration of the downtrend. 2. The attempt to [...]