We have managed to have an almost uninterrupted bull run since 2009 … I predicted in 2009 that DJIA would cross 11,000 and will not look back. At the same time I predicted the run to continue to DJIA 14,000 and onto 17,000. 2014 I could see DJIA going toward 20,000. But we were very rudely interrupted.…
The markets have done very well indeed beginning Monday, FTSE managed to get up and away from the all-important 6,000 support, the support being more psychological than technical in my opinion. So, is the correction over? Can we feel safe going long and get ourselves some stocks at good prices? As I have said it…
Can we still make it to DJIA 20,000 by Christmas 2015? Anything is possible! We have seen how far and how fast the indices can move in a single day. Therefore, a move of some 3,500 points in the next four months is possible… But is it probable? Now you are thinking how I can…
Just to re-cap… The TESCO (TSCO) share price is doing its usual dance between £2.00 and £2.20, and unless there is some news on the very negative or the very positive side it might stay within this range for a while. It is a good day trader/short-term trader stock. I must say I have noticed…
So here we are, after some six months of lethargic action which all and sundry translated into the beginning of the correction. Yet again the market has come around to my way of thinking that there is indeed at least another leg up on the bull market remaining. This is something I have been insisting…
Some two weeks ago I wrote that I had gone long poundland (PLND) at £3.21 and insisted that it was a screaming buy and one of my favourite companies. Today the price hit £3.36 in what is still a weak FTSE, I still have a medium term target of £3.60/£3.70. Certain brokers have gone further…
If we look at the European indices then we could perhaps conclude that the crash has indeed started, I look at some FTSE share prices and notice there is hardly any buying will left when the share price drops. But, if we look at the DJIA we are not really that much lower from its…
Just to re-cap on my positons since last Friday’s post. I’m still long BHP Billiton (BLT) at 1,334p. It rose to 1,380p and backed down with the markets, yet I still feel that around the 1,300p mark is the bottom for this stock and my target is 1,500/1,600p in the medium term and 2,000p plus…
I have written and spoken about when and how THE CRASH could happen since 2014. My thinking is along the lines that the Euro will reach a stage that it will no longer exist precipitating a Euro crash, accompanied with a simultaneous banking crash and stock market crash. Now, is this what is happening before…
Before I begin, let me clarify where I am coming from to folks who do not know me. I am not a day trader; I refuse to be a day trader and my plays are medium to long term plays most of the time. Let’s re-cap… TESCO (TSCO) has had positive news (or has it?).…
