European markets hold onto gains with US Futures indicating a higher open for US shares after budget talks drove investors’ appetite for risk. Comments from US Republicans on Wednesday night showed Republicans are looking into a short-term hike in the government’s borrowing authority. This will give time for government officials to come up with a…
By Investment Contrarians I have been a very big advocate of using both fundamental analysis and technical analysis together to get a better idea of what to expect next when it comes to prices, be it for stocks, precious metals, currencies, or other investment instruments. But when I use this strategy to look at silver,…
Risers: Easyjet, +2.14% Shares in Easyjet continue to fly after the company announced that it has increased capacity for next summer’s flights by almost 300,000 seats. The budget carrier has put more than 11.5 million seats on sale to 100 destinations across Europe, Northern Africa, Russia and Iceland. WH Smith, +5.09% Registering the most impressive…
Global indices are broadly trading higher this morning after Republicans moved to reassure investors by making clear that they are considering signing on to a short-term increase in the government’s borrowing authority to buy time for negotiations on broader policy measures. What is still unclear however is how much time these early negotiations will buy.…
Risers: Persimmon +4.6%, Taylor Wimpey +3.4, Barratt Developments +3%, Bovis Homes Group +2.4%, Redrow +2%, Berkeley Group +1.9% UK house builders bucked the trend this morning after a bullish note on the sector from Goldman Sachs helped lift UK house building stocks. The government backed “Help to Buy” scheme has been widely welcomed by the…
By Filipe R. Costa I would like to congratulate the Federal Reserve for its aggressive intervention in financial markets, which not only put a floor under the crisis, but also effectively pushed asset prices higher creating wealth across America. The 2007/09 Financial Crisis halved stock prices, dented household income, destroyed jobs and led to negative…
UPDATE – WE HAVE HAD A NUMBER OF PEOPLE COME FORWARD WITH INFORMATION ON THIS AMOEBA AND ARE NOW IN THE PROCESS OF HAVING THE INFORMATION CROSS CHECKED WITH THE POLICE AND APPROPRIATE AUTHORITIES. TO ANYONE ELSE WITH ANY INFO ON THIS STINKING PILE OF EXCREMENT, IT’S NOT TOO LATE TO COME FORWARD WITH POTENTIALLY…
By Zak Mir. The nature of the game for smaller mining stocks is volatile, to say the least. We all have to get used to the wild swings in price action and this is true even with a prevailing trend in place. Petropavlovsk (POG) is a perfect case in point: During June and until mid-July…
The FTSE 100 has hit fresh 3-month lows during today’s session after the British Retail Consortium indicated that British retail sales growth has slowed for the second consecutive month in September. Retailers as a result are noticeably weak today with Marks and Spencer losing the most value amongst FTSE 100 constituents shedding over 3 percent…
Risers: Telecom Plus, up 4% Telecom Plus which supplies utility services to residential and business customers, reported a marked acceleration in its growth rate over the last few months, saying it remains comfortable with consensus market expectations and expects to report record figures for turnover, profits, earnings and dividends for the full year. They announced…
