To bed against Italy might have many reasons. One reason is the idea that after Brexit and Trump now populism in Europe is on the rise.
But is not.
Investors selling stocks and bonds short awaiting that in the Netherlands next wednesday Geert Wilders is winning the election by "landslide". Since few days polls in France, Germany and Italy showing that...
Italian banking system is experiencing a distress; but also political factors are important. There is the possibility of early political this year. The italian economy is not growing and the national debt continues to grow insesorabile; pressing demands for corrective fiscal measures by the EU.
It was 2016th "big short" : Especially US-Invstors betting billions of US-Dollar against Italy. They thought it might be simple: Matteo Renzi would be forced to resign on Dezember 5th 2016 (what happened). Than Italian Banks are going to fail (what not happend) and finaly Italy will leave the Euro and the European Union (Ixit after Brexit).
And now guess...
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
.zip (with PDF`s) @ my Google Drive
In percents away from all-time high & low by last close (57 Share Indices)
drive.google.com
Best regards :)
Aaron
If ever a few sentences can change a lot than this might be Beppo Grillos announcement from today:
Quote:
Italy's maverick 5-Star Movement should cut ties with the anti-European Union U.K. Independence Party (UKIP) and consider hooking up with the Liberals in the European Parliament, 5-Star founder Beppe Grillo said on Sunday.
If the switch in allegiance...
What is "Market Capitulation I"?
By definition, capitulation means to surrender or give up. In financial circles, this term is used to indicate the point in time when investors have decided to give up on trying to recapture lost gains as a result of falling stock prices. Suppose a stock you own has dropped by 10%. There are two options that can be taken: you...
Have look to this powerfull momentum Italy`s FTSE/Mib ist showing all those Investors betting Billions of US-Dollar on a crashing stockmarket, the immediately failure of at least 8 Italien Banks, followed by a crash in the European Banking Sektors followed by a political change to right wing populists parties and finally the meltdown of the Euro and the EU.
All...
Last week the Italian stock market (MIB) pushed above the .382 retracement of the bear move from July 2015 to June 2016 and has now reached the next resistance area of the double top in the low 19,000 area.
The daily RSI has a bearish divergence in the overbought zone that is confirmed by a bearish divergence on the MACD histogram.
There is a high probability...
This weekend Italy's 3rd largest bank, Banca Monte Dei Paschi is expected to be bailed out. The Italian MIB has rallied to the .382 retracement level of the 2015 - 2016 bear market. The rally from the low of the year is very choppy with a lot of overlap - the signature of a counter trend correction. The 2015 - 2016 decline counts as a extended five wave Elliott...
The overlay shows very similar price action in the three months running into the referendum. The only difference is that the MIB appears to have passed it's low point and is on the way back.
Remember that a few weeks after the Greek referendum there was the huge crash of 24 Aug 2015.
A constitutional referendum will be held in Italy on Sunday 4 December 2016. Voters will be asked whether they approve of amending the Italian Constitution to reform the appointment and powers of the Parliament of Italy, as well as the partition of powers of State, Regions, and administrative entities.
Source: en.wikipedia.org
All known polls saying that...
Source: MarketWatch.com
Italian banks were among biggest advancers, rebounding from sharp losses in Monday’s action. The country’s banking gauge, the FTSE Italia All-Share Banks Sector Index IT8300, +3.23% , slumped 3.9% to a three-month low on Monday, but rose 2.4% in Tuesday’s action. Italy’s FTSE MIB index I945, +1.40% rose 0.8% to 16,343.89 on Tuesday,...
This is the reason why:
Investors this time want to make everything better than before. Brexit and the US-Election caused two panic sell offs before. So what can you do better than selling Europe before on next sunday the next "Brexit" will occur and will cause the next panic sell offon next Monday?
But is this how stockmarkets are working?
All Investors...
The "Renzi" Referendum in Italy is comming soon - but look how the Italian Stockmarket "runs": There are no lower lows until today. Matteo Renzi ist going to loose this upcomming Referundum next Sunday (Dec. 4th 2016). The predictions are all same: Italian banks will follow up with bancruptcy, Italia will first leave the Euro and the European Union later.
But...
