It may be a reflection of our respective personalities, but whereas I was looking to focus on three second line oil stocks which have recently been flying, the founder of Spreadbet Magazine suggested that I look at three beaten down plays in this sector. In fact, the reason that I was going for the “winners”…
Risers: Immedia Group +18.35% Full year turnover for Immedia Group is set to be ahead of market expectations. The marketing and music specialists revealed strong Q4 trading and therefore pretax profits are set to be considerably ahead of forecasts. Accsys Technologies +16.22% Accsys Technologies has today posted a significant 71% jump in revenue for the…
Asian shares rallied overnight, trading with positive gains for a fourth straight session helped by upbeat data from China and after comments from Federal Reserve Chair Janet Yellen yesterday. The new chairwoman of the Federal Reserve told a house committee that she supported and planned to keep policies under her predecessor, Ben Bernanke. This signals…
Risers: Kazakhmys +27.09% Shares have rocketed over 27% this morning after Kazakhstan devalues its currency by 19%, converting to ₸185 Tenge to the dollar. Revenue is expected to be reported at around $2.7bn in 2014. African Copper +29.03% African Copper has revealed a Q3 copper production of 2499 metric tons, a large increase on Q2. The…
CLICK THE IMAGE ABOVE TO VIEW THE VIDEO After the carnage of January and going into February, it would appear that with a little tapering under our belts and Ms Janet Yellen in charge of the good ship Fed, it may be time for some stability to return to equity markets. What may also…
Persimmon Plc PSN:LSE BUY Today we’ve picked the Persimmon Plc. as our pick of the day. Persimmon Plc. is the holding company of the Persimmon Group of companies ((the Group). The principal activity of the Group is house building, which is carried out within the United Kingdom. The Group’s main trading companies are Persimmon Homes Limited and Charles Church Developments Limited.…
“Equities are set to top and roll over,” and BofAML’s Macneil Curry remains bullish US Treasuries despite today’s stability (so far) from recent stock gains. He remains negative on risk assets and believes US equities are posied for another leg lower (with perhaps tomorrow’s Yellen testimony the un-taper punchbowl removal catalyst) and warns bond bears that a…
European futures are indicating a higher open, following a positive session in Asia overnight with the FTSE indicating a 20 point higher open. With a light economic calendar, markets are likely to remain subdued ahead of Janet Yellen’s testimony later today. This could give investors valuable insight into how the Federal Reserve plans to approach…
