Bears still reigning … sharp short lived rallies and longer declines on bigger volume …
The fight is on … the price is high! Fed, politics and financials trying to hold markets up … bears trying to squash them …
Rumour-Mill spinning like crazy … every day …
Today’s rumours … not all, just a few …
- RBS […]

The Dax wants to go better, but is still held back.
IBM and SAP with strong earnings, but Credit Suisse cuts Europe to underperform and hikes US markets to outperform. First such move in a decade. So all in all a stabilizing day. Let’s see tomorrow, whether we can break the short term downtrend. Earned […]

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 […]

All eyes on the FED … but don’t we know already, what they will do?
25bps for the FED funds and maybe even more for the discount rate … the discount rate cut can be bigger as they want to have it USED … fighting against the rising interbank rates.
The outlook of the FED will be […]

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 […]