Tomorrow on the OPEN of the US market, the VIX will expire … and this might be the key to understand the recent rallye. Or maybe better … the end of the recent rallye. During the strong downmove into march, most investors were stunned, that the VIX (the measure of volatility) did not spike at [...]

Another one bites the dust … ??? Rumors fly as Lehman falls another 40% on WSJ article of higher losses … CDS spreads for Lehman reaches the Bear Stearns k.o. level … Rumors of today … this was the reason for the squeeze into the close … – Lehman will be taken by Bank of [...]

What happened today? Yes, we got the expected bounce in equities … and yes, it faded soon … we had a squeeze in the last hour … surely the PPT was involved The interesting thing seems to be … as so far nothing fundamental has changed yet … investors are just dashing to the sidelines, [...]

Don’t be afraid … I won’t have this as a daily column from now on On the other hand … it could make sense … Especially as all of Wall St. fights to survive the June Expiration and the Q2/H1 end … Today … they created first a bullish chart set up for Europe … [...]

Every day … the PPT tries to hold the market … whenever they see a chance, they bid aggressively … sell into the short squeeze … but still they are not too successful … Today … a good example … In the morning … bidding the market up on 2 reasons … – a good [...]

Please be aware, that Goldman finishes its Q2 end of the month … and if I’m not mistaken, Lehman and Morgan Stanley as well … SO … in the case you wonder, why Oil is flying and stocks are leaking … Think about, who could be behind the move? Guessed it? You said GOLDMAN??? You [...]

Not only me After technical targets were reached, selling set in … WHO? YES The ones who “know” … PPT was rumoured to sell the rally, using demand from underinvested HF’s … Funny … but true … Now they hide it behind the Goldman OIL story and the UBS statement, that MONOLINE WRITE OFFS MIGHT [...]

Today’s news release : BEIJING (Dow Jones)–China’s domestic banks can invest their clients’ funds in the U.S. stock market under an agreement with the U.S. Securities and Exchange Commission, the China Banking Regulatory Commission said on its Web site Monday. The agreement marks a further expansion of China’s Qualified Domestic Institutional Investor program, under which [...]