Some five years after the worst financial crisis in living memory, it seems that while many are still trying to find a way out of it, others are becoming more richer than ever… One of the worst consequences for the majority of a financial crisis is the resulting redistribution of wealth. In the aftermath of…
Asian stocks were in decline overnight following a dreary US performance on Wall Street and ahead of a key US jobs report tomorrow. Figures from China showed that consumer prices rose less than expected and whilst Japanese consumer sentiment worsened in December. The markets were expecting a 2.7% in Chinese CPI yet prices only rose…
For bulls of precious metals, 2013 will surely go down as the annus horribilis of the last 20 years and indeed, the last quarter, most likely as the “quarter horribilis”! By the end of 2014 even we were questioning our rationale for remaining invested in the sector – probably the ultimate contrarian signal! The chart…
CLICK THE IMAGE ABOVE TO VIEW THE VIDEO Although we have seen a slight cooling off in terms of the price action since the beginning of the week at the trio of AIM stocks Motive TV, Atlantic Coal and Doriemus, it is evident to me that at least for now the technicals remain firm for…
Risers: Victoria Oil & Gas +7.73% African energy utility company, Victoria Oil & Gas, has today signed a number of important customer agreements that puts the company’s operating subsidiary, ‘Gaz du Cameroun’ in a strong position to expand gas production. The company signed a collaboration agreement for conversion of heavy fuel oil (HFO) and also…
In what could be perceived as a massive boost to bullish market participants, yesterday’s U.S trade balance data showed an improving economy, offering investors reassurance that the Federal Reserve’s decision to taper its asset buying was justified by fundamentals. Minutes of the Fed’s December meeting are due later on today and markets will be hoping…
From Dec 2013 – “Top Trade Recommendation Number 4: Long China equities/Short Copper In today’s Global Markets Daily, we introduce our 4th Top Trade Recommendation for 2014: Long China equities via the HSCEI Index vs. a short copper position via Dec 2014 LME futures. Given that the volatilities of these two assets are similar, we…
It would appear that while there may fears in some quarters that the recent stock market rally in the U.S. to record levels is not sustainable, the “new economy2 zone looks to have well & truly decoupled from such trivial matters as fundamental realities… Today we take a look at 3 tech goliath stocks of…
Here at SBM we pride ourselves on the quality of our research, ideas and editorial. Not for us pumping out tip after tip day after day and inevitably homegenising towards the 50% (or less) success ratio. We only write when we have something interesting to say and only work with the best in the industry.…
Risers: Reed Elsevier +0.22% Reed Elsevier has today said it has appointed Centrica PLC’s Nick Luff as their Chief Financial Officer to replace Duncan Palmer who announced his resignation in September 2013. Mr Luff has been the Financial Chief for Centrica since 2007 and is also a Non-Executive Director of Lloyds Banking Group. UK energy…
