Today we completed the THIRD(!) 10% bounce for the markets in 2009. And guess what? … YES, I’m going to fade it … AGAIN. We might have some air still left, BUT most of the bounce is done IMHO. So … nice and smooth I will start to SELL any intraday “spike” or overbought levels [...]

Fed cuts rate to 1%, highlighting the weakness of everything … Market seemed to respond positively … until the last “ten” minutes Then Dow dropped more than 300 points to close down “small”. Why? GE’s CEO was quoted saying, that his company aims to keep next year’s profit the same as 2008. Don’t we all [...]

After the negative surprise of GE … especially after they mentioned that they got hit within the last 2 weeks of March … due to the Bear Stearns turmoil … We start to understand, why the financials start to move on to clean up their act … at least a bit. And it seems to [...]

GE … the once great GE … in TROUBLE Only 2 weeks ago they reiterated their guidance … Now they “found out” … “After the Bear Stearns event, we experienced an extraordinary disruption in our ability to complete asset sales and incurred marks of impairments, and this was something that we clearly didn’t see until [...]

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 [...]