Throw a coin?!
Short DAX at 7740
- Thread starter ASusilovic
- Start date
Throw a coin?!
Quote from ASusilovic:
Adding 5850,5800,5750 puts. Rock solid wall of puts.
Seems, investment banks are more than eager to fill my pockets. Appreciated.
As Europeâs debt crisis raises the risk of a recession, companies in the region show no signs of slowing with earnings growth poised to top their U.S. rivals.
Net income for companies in the Stoxx Europe 600 Index will rise by 10.5 percent in 2012 after increasing 11 percent this year, led by carmakers such as Porsche SE and retailers including Burberry Group Plc (BRBY), according to more than 12,000 analyst estimates compiled by Bloomberg. The gauge is headed for four straight years of income growth exceeding 10 percent, the longest streak since 1998, data show.
Bulls say the 16 percent tumble in European stocks since December has created bargains because profit growth will exceed the 10.1 percent estimated for U.S. companies, even though the economy in the 17-nation euro zone is expanding at one-third the pace, according to economists surveyed by Bloomberg. Bears have no confidence in the earnings forecasts when sovereign borrowing costs are reaching records on concern Greece may default.
âCompanies are in a lot healthier position going into a downturn than in 2008,â said Luke Stellini, who helps oversee $636 billion at Invesco Ltd. in Henley-on-Thames, England. âThe debate is how north the recession in Europe may spread, but Iâd argue that equity valuations take account of most scenarios already.â
I am happy to hear this from a guy who is managing $636 billlion instead of $636 million...
Net income for companies in the Stoxx Europe 600 Index will rise by 10.5 percent in 2012 after increasing 11 percent this year, led by carmakers such as Porsche SE and retailers including Burberry Group Plc (BRBY), according to more than 12,000 analyst estimates compiled by Bloomberg. The gauge is headed for four straight years of income growth exceeding 10 percent, the longest streak since 1998, data show.
Bulls say the 16 percent tumble in European stocks since December has created bargains because profit growth will exceed the 10.1 percent estimated for U.S. companies, even though the economy in the 17-nation euro zone is expanding at one-third the pace, according to economists surveyed by Bloomberg. Bears have no confidence in the earnings forecasts when sovereign borrowing costs are reaching records on concern Greece may default.
âCompanies are in a lot healthier position going into a downturn than in 2008,â said Luke Stellini, who helps oversee $636 billion at Invesco Ltd. in Henley-on-Thames, England. âThe debate is how north the recession in Europe may spread, but Iâd argue that equity valuations take account of most scenarios already.â
I am happy to hear this from a guy who is managing $636 billlion instead of $636 million...
Quote from ASusilovic:
Seems, investment banks are more than eager to fill my pockets. Appreciated.
Exit 5850 and 5800 puts, reinvest DAX future longs. Last price 5658.00.
It´s always good to be short in a financial world where psychopaths of so called "chief economic strategists" at banks like Societe Generale are bashing and trashing their own governments and European bank peers.
Too bad, I am not the CEO of these banks. Otherwise, I would imprison some of these guys for "high treason".