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 21, 2013

Weekly update

SPX @ 1548. Sentiment, technicals and fundamentals now warrant a decline below 1540, maybe all the way to 1500-1510 in to earnings season. But then there could also be a silly Cyprus is saved effect, but then also I believe many people are positioning themselves for exactly that so complacency favours the downside to 1500-1510.

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