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 […]

Situation:
U.S. Markets: Markets managed to squeeze out a small gain, but all but convincingly so far … CPI might decide the next bigger move … Honeywell reiterated 2008 outlook and Citibank decided to take action … fired its COO and took their SIV’s on its balance sheet … late, but at least they did it. […]

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”, […]

Situation:
U.S. Markets: Markets sold off big time after the FED decision to cut rates each by 25bps … Nasdaq best performer with 2,4% loss, the Russell lost 3,7% …
So, America followed the Dax, rebreaking the downtrends.
But … reading the statement and trying to make sense of it …
isn’t it positive, that the FED is […]

Situation:
U.S. Markets: Firmed a bit on interest rate cut hopes … seemingly everybody already is sure about the outcome. Today morning prices higher on Texas Instruments raised outlook for Q4 , the possibility of Motorola being a take over target soon and lack of fresh bad news form the financial sector.
Asian Markets: Higher across the […]

Situation:
U.S. Markets: Waiting for FED decision … down a bit this morning on UBS write off (10 bln $) and capital increase (total of 19bln chf) which highlightes struggling financial sector … BUT … a lot of money seems to be available for the big banks who take action on their problems.
Asian Markets: Slightly down, […]

Situation:
U.S. Markets: PAYROLL FRIDAY … THE numbers of the numbers … squeeze went on yesterday as market bets on weak data despite strong ADP numbers … and despite the Govt. proposal on the “mortgage freeze” is so far even less than hot air, market seems to be sure that FED will cut rates … interesting […]

Situation:
U.S. Markets: Welcome back to the 1490/95 resist in the S&P … market plays the rate cuts … even a HUGE ADP number … 3-times the expectations could not hold the market down … Moody’s possible downgrade on Bond insurers, which really could bring trouble again … brought the market down only shortly … President […]