Welcome to February … After a horrible month … everybody buys …
Here is why …
1. Statistics … If you take the 10 worst Januarys of all time, February average performance is positive and the average additional loss for the year is ONLY around 1%
2. If you battle against your benchmark … just […]
Situation:
U.S. Markets: After exactly hitting major support zones, markets turned around and closed better than 1% up. Goldman and Merill predict, that US is in a recession already. Short covering ahead of today’s Bernanke speech and vague rumours od FED action today started short covering. Alcoa beat estimates and moved up more than 2% after […]
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