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 [...]

Bank of America seemingly needs to shore up its capital by 34 bln$ … WOW … Stock price TRIPLED … and still they need around HALF of its market cap … IMPRESSING So … at the end … reading between the lines … the first RUMOURS became true … 1. 16 out of 19 need [...]

Stress Tests got delayed to Thursday this week … but details seem to leak … Interestingly … Washington Post writes today, that Wells Fargo … Warren Buffett’s “baby” was asked by regulators to shore up its balance sheet … If Warren Buffett thinks, Wells Fargo is one of the best … what about that ALL [...]