Despite all the postive factors, the daily news flow keeps markets down …
Today, the news of the day was not the successful VISA IPO, but the rumours around HBOS, the UK lender as well as news about Thornburg Mortgage, which seemingly will file for bankruptcy and the talk about different hedge funds having huge liquidity […]

If you don’t understand, why equity markets hesitate to fall …
here comes the explanation
The FED is expected to STRIKE any time soon!!!
Not a simple emergency cut … as it does not make sense …
2yr paper is trading at or even below 1.5% … FED cuts are not passed on to clients … so […]

After reflecting this weekend over the current global situation and zapping through the long term charts, I think, the days of the carry trade are numbered.
Some long term trends are about to reverse soon, helped by a sentiment which calls contrarians to act.
Everybody is bearish on the US Dollar, everybody is bullish on the Euro. […]

Situation:
U.S. Markets: Markets sold off again after the huge gap, caused by the moves on liquidity by the centralbanks. We traded down to new lows before recovering 20 S&P points into the close on rollover … NEW FRONTMONTH on the US equities from TODAY on … MARCH 2008 … so S&P is 10 points “higher”, […]

Due to the funny loooong hours, the european markets always find a reason to wait … to trade gyratic or just … wait … as today … nice Gap at the open … to give you some thinking … then smallrange trading … just trying to squeeze the day traders … how experienced as we […]

Situation:
U.S. Markets: down heavily, especially in the last 30 mins. as reversal attempt in the financials faded … again … Techs hammered … esp. the former leaders like AAPL and RIMM.
Asian Markets: Bank of Japan holds interest rates … carry trades recover … Yen itself weakens a bit … recovery of stock markets …
Currencies/Commodities: Yen […]

Martes, 13 … Tuesday, the 13th??? … in spanish speaking countries this has the same meaning as Friday, 13th for us …
Markets once more under pressure especially in the last hour … it seems like a FORCED closing of positions … YEN squeeze related? Carrytrades unwound?
Tomorrow Dax seems to lose its uptrend … we closed […]