Earnings reports again …
Citibank … secured financing and numbers rather better than feared … outlook not overly optimistic = down 8.4%
Merill secured financing = down 6.4%
IBM had stellar figures yesterday, so today back to the roots = down 3.48%
AAPL Mac World Address of Mr Jobs very positive, but lacked the CHINA word = down 8.38%
INTEL […]

Usually I like trend days, but today I did not get it until it was too late. Maybe I will adapt my rules a bit to deal better with it.
There are days, when good news is bad news and bad news is even worse news Today was one of them.
Early in the morning […]

Welcome to the hopefully exciting year 2008
Situation:
U.S. Markets: Very weak Friday after a very weak week. Question is: As today most people return to work, will this harsh move to the downside confirmed or did we only see wak hands selling and now … as it is “cheap” we see buying??? Bonds and […]

Here the 2008 main investment themes as I see them … as expected … EIGHT of them
1. Housing Sector
The housing sector keeps plummeting and no relief yet to be expected. November figures showed that the seasonally adjusted annual rate of 647.000 new home sales (the number is expected to be revised even […]

Situation:
U.S. Markets: Lost more than 2% till the closing bell … now recovering as Citibank receives 7.5bln$ from Abu Dhabi.
Asian Markets: recovered most of their losses, Japan closing even up as Yen weakens on Citibank deal … news agencies see reviving appetite for the carry trade … PLEASE BoJ … HIKE THE RATES!!!! PLEASE […]

Situation:
U.S. Markets: up bigtime but facing first resistance … Carrytrade and shortcovering leading the way
Asian Markets: up …
Currencies/Commodities: Yen losing further ground against the Euro … Oil stabilizing a bit after losing 4$ yesterday
Events: US … PPI, Retail Sales, Bernanke speaks
Dax: underperformed yesterday … 7850 7830 should lend support today … resists: 7920 … 7960 […]

Nice move … have we seen the start of the next upleg of the Bull market?
Yesterday selling until the bell … then … BoJ … no rate move and more or less the assurance to stay put for the time being …
so we had nice reversals in Asia … Hongkong … and then the […]