Bull against bear

Financial markets, macro economics, politics and everything else concerning the global markets. The writer is a long time investment banking operative in the nordic markets. The blog is usually updated once a week with specific trading advice. On a monthly basis, the goal is to provide a strategy update. In addition to that, there will be posts of more general content, housing bubbles, investment strategies and more.

March 15, 2013

ATH

SPX @ 1560.

Obviously we seem to be needing new all time highs in SPX and DAX to finally flush out the last of the bearish speculators. I do not expect much follow through and will follow the scenario outlined in the last post with a trading range between 1540 and 1570.

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