We survived January … and it was NOT the worst start of a year … as we recovered thanks to Uncle Ben … January was down “only” 6.3% (S&P) … Nasdaq was down 9.9%. The bond insurer problem still the tail wagging the dog … Yesterday, CNBC spread rumours, that S&P will downgrade SOME of [...]

Situation: U.S. Markets: Volatile session closing down. Not much to say. 2nd day we closed below 1391, which is the breakout mark out of a possible broadening top in the S&P. Waiting for today’s Bernanke speech and some results. Asian Markets: Japan stocks climb as Dollar tries to recover on ECB comments, which were interpreted [...]

Just have a look on the Tickchart of today’s action in the S&P emini Future at 7:01 London Time. Slightly scary to imagine, what could happen. Here it is: Copyright by Tradestation

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 [...]

Another year … another outburst of analyst expectations … the end is often … most of them are plain WRONG 2007 expectations have not been far off the real outcome … AND THIS WITHOUT KNOWING THE SUBPRIME IMPACT … which means … without that, markets would have performed by FAR BETTER than analysts expected … [...]

And the name of the game is still … FADE THE FED … markets lost faith into Bernanke and his brotherhood … so … they SELL … Lehman figures out … 1st look good … second look … autsch … so stock trades down some 4% … Easy to trade markets … are different … [...]

As we all know, the fundamental picture is bleak at least as bleak as it looked bright at the 2003 bottom Copyright by Tradestation As we can see on the chart … at the 2003 bottom we had a high volatility reversal which lead us into a stable bullmarket without too much volatility … now [...]