Swen Lorenz

OVERNIGHT MARKETS ROUND UP – 29/04/14

OVERNIGHT MARKETS ROUND UP – 29/04/14

0 mins. to read

With a day full of important economic data, markets could be particularly volatile over the announcement of the figures today. Asian markets traded cautiously throughout the night as investors await key pieces of data and events over the next few days. UK Q1 Gross Domestic Product (GDP) kick-starts the day at 09:30 with a better…

Zak Mir on oil stocks du jour – CNE, PMO & OPHR

Zak Mir on oil stocks du jour – CNE, PMO & OPHR

3 mins. to read

Crude Oil’s recent double top at $105 may have been a frustrating affair for bulls of this commodity in the wake of the geopolitical tensions in Ukraine, but of course this does not necessarily mean that equities based on this particular asset class have to break down as well. In the case of Cairn Energy…

OVERNIGHT MARKETS ROUND UP – 28/04/14

OVERNIGHT MARKETS ROUND UP – 28/04/14

0 mins. to read

Asian equity benchmarks were marginally softer in early trading on Monday morning in sympathy of ongoing Ukraine concerns. Global risk appetite can’t help be bound by the consequences of a potentially very global problem. The Dollar has traded generally lighter against most pairings. Meanwhile, European stock indices are looking to open ahead of Friday’s close. …

Now David Einhorn joins the tech bear camp

Now David Einhorn joins the tech bear camp

3 mins. to read

The latest Greenlight Capital investor letter written by hedge fund manager David Einhorn caught my eye earlier this week. It sees were are not alone in the head scratching at many tech company valuations with the respected fund manager also joining the bear camp and putting out a number of tech company shorts. A quick…

Are the PIIGS any better off after 6 years of austerity?

Are the PIIGS any better off after 6 years of austerity?

3 mins. to read

Is Austerity working, or has it only compounded the economic woes of the so called PIIGS? To many observers, they say that all it is doing is adding to the massive unemployment, destroying any vestige of growth potential, contributing to an already nervous consumer outlook, but the most damning element of all…it is not actually…

Is the NASDAQ Foreshadowing a Bearish Event?

Is the NASDAQ Foreshadowing a Bearish Event?

2 mins. to read

  The three-day buying streak last week offered some optimism that maybe the worst was over for the stock market, but my technical analysis of the charts indicates otherwise.  While blue chip and large-cap stocks are holding up fairly well, this cannot be said of the technology, growth, and small-cap segments of the stock market. …

Zak Mir on Iofina, Quindell and coming back from the dead!

Zak Mir on Iofina, Quindell and coming back from the dead!

4 mins. to read

On April 11th I wrote a blog entitled “Back From The Dead” covering a mix of stocks which had come back from the brink, or looked as though they would recovery after taking a pounding… Given that I have been laid low this last few days with a fever and temp of 102f, the title…

A cracking blog on the current CoT positioning in gold

A cracking blog on the current CoT positioning in gold

4 mins. to read

From the Gotgoldreport site We read all kinds of commentary on the Web about the positioning of the large traders in gold futures on the COMEX bourse.  Rather than argue, let’s just point out something we think is pretty darn interesting if not telling.  We tend to focus on the positioning of the largest of the…

OVERNIGHT MARKETS ROUND UP – 24/04/14

OVERNIGHT MARKETS ROUND UP – 24/04/14

1 mins. to read

All eyes were on tech giants Facebook and Apple last night at they both smashed through their expectations, pushing NASDAQ futures higher. Apple exceeded sales by selling 43.7m iPhones for the non-holiday quarter, significantly beating estimates and resulting in revenues driving a record 4.6% higher. Apple took this positive opportunity to tell investors they are…