If there is anyone out there who still doubts that America is a place where all things are possible …
tonight is your answer. - Barack Obama
How wisely said … … I knew it anyway … just watch the INTRADAY moves in the markets …
Enough proof

Barack Obama is the new president of the United States!
Now we will see, whether change comes Hope dies last
John McCain was only … IMHO … one time convincing … as he conceded defeat.
So back to business … we bought the “rumour” … will we sell the “fact”?

Morgan Stanley issued a “full house buy signal” on European equities, as its four indicators — valuation, capitulation, risk and fundamentals — all indicate to buy.
“The latest elements that pushed us there have been a capitulation among retail investors, purchasing managers and sellside analysts, as measured by record mutual fund outflows, ISM new orders […]

Markets … after the huge BOUNCE back …
seemingly are dead in the water before the U.S. election …
BUT WHY???
The outcome seems clear … Barack Obama …
We know, that it will be January until he will take over …
So … as fundamental news gets BLEAKER every day … why are the players waiting to SELL???
Friday […]

Today … the CLOSING price was 500,– Euros …
DOWN 54,80 Euro from the last paid price … on around 900k shares …
Be aware … tomorrow’s closing price might be interesting … as weightings get cut …
Let’s hope, that it will be normal trading from Monday on

Fed cuts rate to 1%, highlighting the weakness of everything …
Market seemed to respond positively … until the last “ten” minutes
Then Dow dropped more than 300 points to close down “small”.
Why? GE’s CEO was quoted saying, that his company aims to keep next year’s profit the same as 2008.
Don’t we all aim to be multi […]

VW’s index weight will be capped per Monday in the DAX and the Euro Stoxx.
As the weighting cap in the DAX is 10%, but VW’s actual weight is 30%, we will have an interesting Friday CLOSE
So BE AWARE!!!
This is nothing for the fainthearted

VW … my thoughts
- Porsche story including reasons for the VW takeover are well known
- Porsche affinity to options is well known
- Everybody has the same rules, so who comes out to play, should be ready to pay
- Who ASKED EVER, what is the right price of a stock? It is always […]