IBEX-35 Sending A Very Strong Signal For A New Bull Market
The IBEX 35 (D) showing strong momentum to the upside. This is a strong signal that the Euro crisis might come to an end now.
Spains IBEX 35 is showing short term an impressive set up for a strong up move.
Medium term a break of the multi-year downtrendline would trigger a buy signal for a new and powerfull new bull market wich could last for years.
Spains IBEX 35 is showing short term an impressive set up for a strong up move.
Medium term a break of the multi-year downtrendline would trigger a buy signal for a new and powerfull new bull market wich could last for years.
Comment:
Comment: MAR 23 2017: All major sentiment Indicators showing "fear" or "extreme fear" - even Markets just a few points under multi year highs or all time highs (DAX)
Before you read this news about todays market action (link below) keep your attention to the high level of putbuying at the CBOE: Total Intraday Put/Call Ratio 1,13. If ever there might be any higher number before the weekend the remind that usually high numbers like this are followed by a major spike to the upside some trading days later. Expect that a "fail" for Donald J. Trump might be nothing else than "sell the news" (for shortsellers). You need to invert the situation.
DAX Traders need to be aware that the EUWAX Sentiment Indicator today once more was extremely negative - means nothing else that putbuying was extremely high.
Quote: Wall St closes lower after Healthcare vote delay
www.investing.com/ne...re-vote-delay-468437
Before you read this news about todays market action (link below) keep your attention to the high level of putbuying at the CBOE: Total Intraday Put/Call Ratio 1,13. If ever there might be any higher number before the weekend the remind that usually high numbers like this are followed by a major spike to the upside some trading days later. Expect that a "fail" for Donald J. Trump might be nothing else than "sell the news" (for shortsellers). You need to invert the situation.
DAX Traders need to be aware that the EUWAX Sentiment Indicator today once more was extremely negative - means nothing else that putbuying was extremely high.
Quote: Wall St closes lower after Healthcare vote delay
www.investing.com/ne...re-vote-delay-468437
Comment:
Comment:
MAR 28 2017: JPMorgan: A Le Pen loss will be a win for European equities
Quote:
If far right French presidential candidate Marine Le Pen loses the election, it will spur a "significant" surge of inflows into European stocks, JPMorgan said in a note Monday.
How significant?
JPMorgan estimated that a Le Pen loss will see at least 10 percent of assets under management flow back into the region's stock markets. It noted that since the beginning of 2016, around $100 billion has flowed out of the segment, according to EPFR data, marking up a loss of nearly 10 percent of assets under management. "We believe that these flows at least could come back into the region, should political uncertainty fade, in addition to any potential new net inflows," JPMorgan said. Some opinion polls have shown that Le Pen, leader of the far right, anti-European Union, anti-immigrant National Front party, could be a top pick in the first round of voting in France's presidential election on April 23.
A healthy majority of analysts and experts believe Le Pen, who wants to pull France out of the euro zone, won't win the second round of voting on May 7 if she makes it past the first. But fears abound over a potential dark horse Le Pen victory, in line with political surprises such as Brexit and Donald Trump's U.S. presidential win. That's spurred concerns of a potential French exit from the euro azone, dubbed Frexit, and even a possible breakup of the bloc. While JPMorgan noted that any "Le Pen loss" lap of inflows was likely to boost the euro, it didn't expect that would weigh on European stocks, which have benefited from a weaker currency. "We think a stronger euro would not be an impediment for regional equities and, in fact, believe the euro will turn positively correlated to euro zone equities, no matter the election outcome," it said. It noted that the euro is typically seen as a vote of confidence in the region. Source: www.cnbc.com/2017/03...ropean-equities.html
Quote:
If far right French presidential candidate Marine Le Pen loses the election, it will spur a "significant" surge of inflows into European stocks, JPMorgan said in a note Monday.
How significant?
JPMorgan estimated that a Le Pen loss will see at least 10 percent of assets under management flow back into the region's stock markets. It noted that since the beginning of 2016, around $100 billion has flowed out of the segment, according to EPFR data, marking up a loss of nearly 10 percent of assets under management. "We believe that these flows at least could come back into the region, should political uncertainty fade, in addition to any potential new net inflows," JPMorgan said. Some opinion polls have shown that Le Pen, leader of the far right, anti-European Union, anti-immigrant National Front party, could be a top pick in the first round of voting in France's presidential election on April 23.
A healthy majority of analysts and experts believe Le Pen, who wants to pull France out of the euro zone, won't win the second round of voting on May 7 if she makes it past the first. But fears abound over a potential dark horse Le Pen victory, in line with political surprises such as Brexit and Donald Trump's U.S. presidential win. That's spurred concerns of a potential French exit from the euro azone, dubbed Frexit, and even a possible breakup of the bloc. While JPMorgan noted that any "Le Pen loss" lap of inflows was likely to boost the euro, it didn't expect that would weigh on European stocks, which have benefited from a weaker currency. "We think a stronger euro would not be an impediment for regional equities and, in fact, believe the euro will turn positively correlated to euro zone equities, no matter the election outcome," it said. It noted that the euro is typically seen as a vote of confidence in the region. Source: www.cnbc.com/2017/03...ropean-equities.html
Comment:
APR 03 2017: Donald Trump says he is ‘totally in favour’ of ‘wonderful’ EU
US President performs apparent U-turn after criticising bloc in previous interviews
www.independent.co.u...-pence-a7596731.html
US President performs apparent U-turn after criticising bloc in previous interviews
www.independent.co.u...-pence-a7596731.html
Comment:
APR 04 2017: Michael Hasenstab bets against euro in populist hedge
Quote: Michael Hasenstab is betting against the euro, a striking position for an investment manager celebrated in Europe for throwing the weight of Franklin Templeton’s flagship bond fund behind Ireland and Hungary as they emerged from the debt crisis. Speaking to the Financial Times, his comments highlight the concerns of many international investors, amplified following a campaign pledge from Marine Le Pen, presidential candidate of the far right in France’s upcoming presidential election, to withdraw the country from Europe’s single currency.
Quote: www.ft.com/content/b...e7-ac5a-903b21361b43
Quote: Michael Hasenstab is betting against the euro, a striking position for an investment manager celebrated in Europe for throwing the weight of Franklin Templeton’s flagship bond fund behind Ireland and Hungary as they emerged from the debt crisis. Speaking to the Financial Times, his comments highlight the concerns of many international investors, amplified following a campaign pledge from Marine Le Pen, presidential candidate of the far right in France’s upcoming presidential election, to withdraw the country from Europe’s single currency.
Quote: www.ft.com/content/b...e7-ac5a-903b21361b43
Comment:
Comment: APR 05 2017 Euro zone businesses started 2017 on a six-year high: PMI
www.investing.com/ne...ear-high:-pmi-471528
www.investing.com/ne...ear-high:-pmi-471528
Comment:
APR 06 2017- Europe, Êconomy
Draghi says ECB's policy stance is still appropriate, too soon to reduce stimulus
Source: www.cnbc.com/2017/04...ill-appropriate.html
Draghi says ECB's policy stance is still appropriate, too soon to reduce stimulus
Source: www.cnbc.com/2017/04...ill-appropriate.html
Comment:
APR 06 2017- Europe, Êconomy
Draghi says ECB's policy stance is still appropriate, too soon to reduce stimulus
Source: www.cnbc.com/2017/04...ill-appropriate.html
Draghi says ECB's policy stance is still appropriate, too soon to reduce stimulus
Source: www.cnbc.com/2017/04...ill-appropriate.html
Comment:
APR 17 2017 - China Roars Back to Lift Global Outlook as U.S. Consumer Weakens
- Economy on pace to power one-third of global growth in 2017
- Government makes progress in restraining runaway credit growth
www.bloomberg.com/ne...u-s-consumer-weakens
- Economy on pace to power one-third of global growth in 2017
- Government makes progress in restraining runaway credit growth
www.bloomberg.com/ne...u-s-consumer-weakens
Comment:
APR 17 2017 U.S. stocks shrug off global tensions and eye M&A
www.investing.com/ne...s-and-eye-m-a-474690
www.investing.com/ne...s-and-eye-m-a-474690
Comment:
APR 17 2017 Wall Street gains as focus shifts to earnings
www.investing.com/ne...litical-risks-474631
www.investing.com/ne...litical-risks-474631
Comment:
APR 24 2017: Wall Street surges, Nasdaq hits record on French vote result
www.investing.com/ne...-french-worries-ease
www.investing.com/ne...-french-worries-ease
Comment:
Exclusive: Portugal says economy growing faster than forecast www.investing.com/ne...than-forecast-488109
Comment:
Polls suggest parliamentary majority within reach for France's Macron
www.reuters.com/arti...ection-idUSKCN18E07E
www.reuters.com/arti...ection-idUSKCN18E07E
Comment:
Comment: UK could be heading towards hung parliament after general election, pollster predicts
YouGov predicts the Conservatives may win just 310 seats – 16 shy of an absolute majority
www.independent.co.u...atives-a7764271.html
YouGov predicts the Conservatives may win just 310 seats – 16 shy of an absolute majority
www.independent.co.u...atives-a7764271.html
Trade closed: stop reached:
All European Stockmarket long trades closed on profit taking. Short or medium term consolidation pattern likely but not sure right now.
Comment:
For further updates pease click on the chart above and read comments.
Comment:
Ready for re entry:
Macron: 26%
LePen: 25%
Source:https://en.m.wikipedia.org/wiki/French_presidential_election,_2017