For practitioners of Schadenfreude, seeing high-profile investors losing their shirts is always amusing. But for the true connoisseur, the finest expression of the art comes when a high-profile investor identifies a bubble, perhaps even makes money out of it, exits in time – and then gets sucked back in only to lose everything in the…
I have to admit that the insurance sector is not one that fascinates me in any way, in fact the whole area appears deadly dull! Indeed, the only real source of interest that I can muster is the way that behind all the mathematical mumbo-jumbo of premiums / actuaries (yes those highly paid dullards!) etc.…
On the recent London visit from God’s Own County by our Ambassador and Spreadbet Magazine Founder Mr Richard Jennings one of the aspects of our meeting that I was struck by was his method of technical analysis. Given that his day job is as a fund manager of a fund that has been doing rather…
Risers: BT Group +1.03% BT Group has signed a contract with Carillion Telent for broadband delivery throughout the UK in a deal that is worth up to £500m over 3.5 years. Carillion Telent has been BT’s preferred infrastructure services supplier since 2010. BT Group’s “hold” stock rating has also been reaffirmed today by Deutsche Bank. …
Looking for the EURUSD Top: As we recently wrote in our 2014 Year Ahead report, we are US $ bulls for the year ahead and look for €/$ to trade lower toward the Apr’12 lows, at 1.2746, and, potentially, the 200m avg. near 1.2173. In the nearer term, we continue to see the gains from…
In a continuation of our analysis of the Gold market and the head scratching disjoint between the fundamental backdrop and the paper price of the precious metal, we update with the latest COT data release per below. The first chart is a pictorial representation of the actual gold producers/industry participants (merchants) positioning overlaid with…
Crowd of people gather outside the New York Stock Exchange following the Crash of 1929. They say those who forget the lessons of history are doomed to repeat them. As a student of market history, I’ve seen that maxim made true time and again. The cycle swings fear back to greed. The overcautious become the…
Taper or no taper? When? How much? These are the worries that are currently driving tensions in the stock market on a daily basis. As I wrote in a previous article, no one seems to care that corporate revenue growth is muted and consumers aren’t spending. Last week, we saw jobs market data that helps…
Risers: Lloyds Banking Group +0.98% Lloyds has today announced that 109 million shares in St. James’s Place have been placed at 630p each, raising £680m. The bank, which is 33% owned by the Government, said they are to sell their remaining 21% stake in the wealth manager in a move that will increase the bank’s…
