We are seeing bullish sentiment extremes,and this shows that the bull market is unsustainable,according to Walter Zimmerman,Chief Technical Analyst at United ICAP.We are likley to see the highs for the year this month.Be wary of any sudden moves to the downside.
Everyone is long,waiting for the next rally.Everyone is already in the market.All the mergers are also a sign.It's not just individuals that are bullish.Historically,market tops have been marked by big financial mergers such as the recently announced Deutsche Boerse-NYSE/Euronext or the CME-NYMEX tie-ups.
United ICAP is a technical advisory service and inter-dealer energy broker.It provides analysis to the energy industry,as well as the average trader and investor.
Showing posts with label Deutsche Boerse. Show all posts
Showing posts with label Deutsche Boerse. Show all posts
Sunday, February 20, 2011
Sunday, February 13, 2011
Deutsche Boerse/NYSE:Inside the Deal
The advanced merger talks between Deutsche Boerse,owner of the Frankfurt stock exchange,and NYSE/Euronext,have been turning heads on a number of fronts.The proposal,in which DB would acquire a controlling 60% stake in NYSE,would allow for eliminating redundancies in their cost base,pointed out Ed Ditmire of Macquarie Group.They would be in the best possible position to move in tomorrow's businesses,and in a pivotal position to capitalize.
Profitable,robust exchanges can help investors in the most difficult situations.The merger should lead to a 20% increase in profits.
To be sure,the deal will be examined on many,many facets.After all,it means selling a financially strategic asset to foreign owners,albeit friendly German ones.New York Mayor Michael Bloomberg supports the deal.Ultimately,it will be seen as good for investors,Mr.Ditmire predicted.The huge exchange will be near the top along with CME Group,Hong Kong and Singapore.
Duncan Niederauer would continue to be the NYSE/Euronext chief executive.
Macquarie Group is a full service financial firm with 300 billion dollars U.S. under management.Founded in Sydney,Australia in 1969,it employs 15,500 people worldwide.
Macquarie Group Limited(MQG),NYSE/Euronext(NYX)
Profitable,robust exchanges can help investors in the most difficult situations.The merger should lead to a 20% increase in profits.
To be sure,the deal will be examined on many,many facets.After all,it means selling a financially strategic asset to foreign owners,albeit friendly German ones.New York Mayor Michael Bloomberg supports the deal.Ultimately,it will be seen as good for investors,Mr.Ditmire predicted.The huge exchange will be near the top along with CME Group,Hong Kong and Singapore.
Duncan Niederauer would continue to be the NYSE/Euronext chief executive.
Macquarie Group is a full service financial firm with 300 billion dollars U.S. under management.Founded in Sydney,Australia in 1969,it employs 15,500 people worldwide.
Macquarie Group Limited(MQG),NYSE/Euronext(NYX)
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