Archive for the 'European Markets' Category
In a strange twist of events, the most notorious file sharing website, The Pirate Bay, is being bought out by a small public company, Global Gaming Factory for about $7.8 US million.
According to the spokesperson for TPB, Peter Sunde, GGF approached the owners of TPB a few months ago and negotiations finalized recently with the […]
Conditions Of New Bull Markets: Monetary Policy
2 Comments Published November 26th, 2008 in European Markets, EconomyAccording to Jim Stack of Investech Research, there are a few conditions which must be met before a new bull market can be born. They are a mix of monetary, technical and sentiment measures. I’ve looked at four of them already:
Consumer Sentiment
Formal Recession
20%+ Decline
Coppock Guide
Here is the fifth: monetary policy. Of course, almost every single […]
Santander’s Botin Has Advice For Amateurs On Wall St.
0 Comments Published October 16th, 2008 in European MarketsSantander’s takeover of Sovereign Bancorp is a great example of the smart money vs. the dumb money. Santander has had Sovereign in its sights for a long time and had been rebuffed by them. But Santander is now using this crisis as a catalyst to buy up the remainder of Sovereign it doesn’t already own. […]
What Caused The January Waterfall Decline ?
2 Comments Published February 8th, 2008 in European Markets, TradingThe stock market just is. Trying to find reasons for it’s gyrations is usually a harrowing exercise. And pinpointing a single cause is pretty much a futile effort.
By now, the event that is most prominent in everyone’s mind is the multi-billion Euro Societe Generale fraud, perpetrated by Jerome Kerviel but before being eclipsed by […]
World Stock Markets Plunge While US Markets Closed
1 Comment Published January 21st, 2008 in Canadian Markets, European Markets, TradingWhile the US market was closed for Martin Luther King day, markets in Europe declined in what can only be described as a panic.
Lets throw some scary numbers around: Toronto fell almost 5%, Mexico -5.4%, the MSCI World Index fell 3%, the European Stoxx 600 -5.7%, the FTSE -5.5%, the DAX more than -7%, in […]


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