Opinion – Wednesday 7 March 2012

Market sentiment has continued to deteriorate over the last 24 hours. Global Equity Markets have had their worse day of 2012 with the Dow and Dax both losing over 200 points. Yesterday was a 90 percent down day and the McClellan Oscillator has weakened to a near...

Opinion – Tuesday 6 March 2012

Global growth worries have returned and the markets are on the back foot. Equity markets are in the red and the Vix Index is higher. China lowers its growth target to 7.5% for 2012 from 8% and UK Services PMI slides to 53.8 from 56. S&P 500 The S&P is...

Opinion – Monday 5 March 2012

Markets finished the week with more caution. In quiet trading, Equity Markets dipped into the red, Commodity prices eased and Bond yields fell. German Retail sales were very weak at -1.6 percent. S&P 500 I am still short as the market is now trading at 1363. I...

Opinion – Friday 2 March 2012

The markets reversed direction yesterday. Equities ignored its key day reversal on Wednesday by rallying along with a small rally in commodities. Yields were also higher.There is not a lot of economic news out today to help resolve this uncertainty. The ongoing...

Opinion – Thursday 1 March 2012

It was wild day in markets yesterday. The LTRO got away as expected with an injection of 529 Billion Euro which was well received. However this all ended when Bernanke’s acknowledgement of a better US labour market triggered a market reversal with a huge sell...

Opinion – Wednesday 29 February 2012

There is a very modest ‘risk on’ bias as the market waits for the result of the LTRO from the ECB this morning. Concerns over domestic politics coupled with stronger Consumer Confidence numbers from the US has held the Euro back. Today we have Ben...