Monday brainstorming

1. Again nothing but thin air after the resignation of Berlusconi, Goldman has taken over Italy with Super Mario Monti, who is a Goldman advisor and Draghi  an Ex Goldman Partner. Perfect timing as Draghi takes over to increase the buying of Italian bonds against the resistance of the Germans. In the champions-league of international finance the Jewish cabal have made some decisive gains with the front-boy Goldman shop who are no runing the FED and ECB.

Merkel is now running a double agenda as she proclaims that Europe has to merge towards a fiscal union and even a USE illusion. It took America a civil war and they were a young nation without all the history and emotions over 1000 years. Ironically the Romans had kind of achieved the goal before the Ottomans took most of it back. Europe is not unitable and not within weeks or months. The real plan is rather to unite a core EU around Germany but that will not work either.

The Financial system is broken and the first thing to fix is to get rid of all the corrupt system as just the latest EU banking stress test does proof they sell the naked emperor as a general strategy and the people will and can not longer ignore the broken system of democracy and so called capitalism. Unicredito announced a loss of almost 15 bil Dollar and a rights offering of 10 bil. – the whole market cap is around 20 bil Dollar  just to put it into perspective. I am pretty sure they are bankrupt technically but have some assets they can sell to cover some more losses of their balance cheat.

The market is fighting along the wall of fear as it managed to close higher in a week 6 count for the SPX as sentiment has improved towards almost neutral except for tons of Puts still purchased to protect. Another factor around tops is the wall of money corps through into the game with 450 bil. of stock buybacks in 2011 which is always a bad timing since managers love to buy tops with other peoples money so they get out of their stock-options. Or insane moves like Buffet buying IBM at the top for a few billions after he has already invested  heavily in the worst performing financial industry.

This week should close higher as we are in week 7 but the time window is really closing down soon about 2 weeks left and we already have another cliffhanger coming up on the 23rd as the US budget may close down with the ‘supercommittee’ far from any solution.

the other problem might soon be Greece again a hunch only but they might not follow up to their promises  – they never did.



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MONDAY, NOVEMBER 14, 2011 Blank Image
High bullish readings in the Consensus stock index or in the Market Vane stock index usually are signs of Market tops; low ones, market bottoms.
Last Week 2 Weeks Ago. 3 Weeks Ago
Consensus Index
Consensus Bullish Sentiment 45% 42% 47%
Source: Consensus Inc., P.O. Box 520526,Independence, Mo.
Historical data available at (800) 383-1441.
AAII Index
Bullish 44.7% 40.2% 43.0%
Bearish 24.6 29.6 25.0
Neutral 30.7 30.2 32.0
Source: American Association of Individual Investors,
625 N. Michigan Ave., Chicago, Ill. 60611 (312) 280-0170.
Market Vane
Bullish Consensus 52% 46% 49%
Source: Market Vane, P.O. Box 90490,
Pasadena, CA 91109 (626) 395-7436.
FC Market Sentiment
Indicator 52.5% 52.7% 51.4%
Source: First Coverage 260 Franklin St., Suite 900
Boston, MA 02110-3112 (617) 303-0180.
FC Market Sentiment is a proprietary indicator derived from actionable sell-side trade ideas sent by the sell-side to their buy-side clients over the First Coverage platform. Over 1,000 institutional sales people at more than 250 firms participate on the First Coverage platform and have contributed hundreds of thousands of ideas since inception. Each Idea is associated with a ticker or sector and is tagged bullish or bearish by the creator. This data is aggregated at the sector, industry and market level. The FC Market Sentiment score ranges from 0-100 (0=most bearish, 50=neutral, and 100=most bullish) and represents a completely objective, real-time view into what advice the sell-side is providing to their buy-side clients
Citigroup Panic/Euphoria Model

Market Sentiment




~ by behindthematrix on November 14, 2011.

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