Swen Lorenz
OVERNIGHT MARKETS ROUND UP – 26/03/14
Global stocks are pointing towards a positive open this morning as worries from around the world begin to ease and strong economic data takes over. The Dow Jones had another bullish trading session yesterday, driven by US consumer confidence which has hit a six-year high. Today will see the hotly anticipated Candy Crush maker King…
Zak Mir on the FCA, PRA & The “Shutting the stable door after the horses bolted” authority!
I read with interest today that the cost of the new financial regulators who include the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) will be £664 million this year – £128 million more (24%) than the failed FSA which they replace. I also have no doubt that they will fail in their…
Titan – time to take the other side of the “anal”yst EPS ests as US small cap valuations now exceed the bubble peak
This month marked the fifth anniversary of the “Bull Market” that has characterised the S&P 500 since early spring 2009. During this time the blue chip US equity index the S&P 500 has rallied by over 1200 points, or if you prefer 283 %. Here at Titan we make no secret of the fact that…
SBM thought of the day – Them’s that can trade do and them’s that can’t sell systems!
Remember our motto – Them’s that can trade do and them’s that can’t sell systems! Next time you receive a bullshit offer for a system or subscription service you’d do well to have this resonate in your head. And a word of warning on “Daytradesignals” by Jason Sen – check the twitter feed and you’ll…
broker upgrades & downgrades – 25/03/14
OVERNIGHT MARKETS ROUND UP – 14/03/14
Asian stocks swung between gains and losses overnight following data from the US which has showed a slowing US factory activity. Gold rebounded from the lowest price in more than four weeks following continued strain between Russia and Ukraine. World powers threatened to impose further sanctions to discourage Russia from invading other parts of Ukraine,…
share “tipsters” v real money management
We note todays announcement/boast by a well known share “tipster” – Average Gain per share tip 22% (offer to bid) – average holding period just NINE months. We present below Titan’s flagship Global Macro account returns over the same period… Titan Global Macro Fund (in £’s) Gross return + 97.72% REAL MONEY TRADED LIVE V…
Crude Oil net spec longs reach extreme levels…
One piece of data that has caught our eye recently was the news last week that net long positions in Crude Oil futures moved to a record high in the first half of March. The positions held by large speculators – typically hedge funds and proprietary traders moved up to 25% of the total open…
OVERNIGHT MARKETS ROUND UP – 24/03/14
Outflows from Chinese equities paused last night in spite of manufacturing softening more than expected. Traders waged bets amid stimulus talks, hoping to front-run an increase of liquidity. China’s policy makers pledged to support the economy in the face of a deepening slowdown. European equity benchmarks are higher from where futures close on Friday night,…