Some random charts for fun:
Previously
on MoreLiver’s:
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| European high-quality bonds (what a non-controversial QE would buy) have a relatively low free float, compared to QE-mad USD and JPY-markets. |
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| DAX long-term: horizontal range reminds of other major market tops. Probable visit to range's bottom, and a danger of a break lower. |
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| DAX medium-term: zoomed in, the range looks a bit like a head&shoulders-topping pattern |
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| DAX short-term: still way to go before trendlines, support levels, no signs of strength yet. At least bullish reversal days should be seen before any longs. |
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| Funny how the European consumers are always most optimistic right at the moment when everything begins to go bad. |
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| There are many ways to draw the trendlines, and one could easily say that the Eurozone's earlier strong growth was because of a bubble. Still, the difference in relative performance is notable. |
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| I finally caved in and decided to invest in myself. |
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| Deutsche Bank got all bullish on the breakout |
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| But then reality hit the markets. |
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| Rising bond yields are not bad to stocks - at least when the rates are still at relatively low levels. |
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| I am not sure if there is a movement toward a new reserve currency. |
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| Sweden's central bank thought it was clever to combat a real estate asset bubble, and raised rates. All they got was deflation, and the bubble grew regardless. |
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| The minute the inflation picks up, I am fairly certain that Riksbanken will repeat the mistake. The central bank's chief opposed the previous rate cut. |
