Swen Lorenz

Overnight roundup courtesy of Spreadex

Overnight roundup courtesy of Spreadex

0 mins. to read

European headline shares opened firmly this morning mimicking some of the gains observed during trading yesterday.  Volumes are also slowly returning to normality as the summer holidays draw to an end and the US markets reopen after a long weekend.    However, investors are unlikely to see the same level of optimism observed during the…

Risers & Fallers courtesy of Spreadex

Risers & Fallers courtesy of Spreadex

2 mins. to read

Risers: Rio Tinto, up 3.8% Shares in Rio react positively after they announced they have begun shipping iron order from its newly expanded port, rail and mine facilities in Western Australia. The first 165,000-metric-ton shipment is bound for Nippon Steel & Sumitomo Metal Corp.’s Kimitsu plant in Tokyo, said Rio Tinto, which has boosted annual…

Spreadbet Magazine clarification statement

Spreadbet Magazine clarification statement

1 mins. to read

Whilst we get ever closer to the unmasking of the despicable piece of human excrement that is “Dave Robertson / Nick Vaughan / Warren Needell / Ritchie Brookshield / Miss Day Trader” etc (the rap sheet is enormous), it has come to our knowledge that some posters on various forums think we actually endorse certain…

ZAK WAS THE WEEK THAT WAS: ENDING AUGUST 30 2013:  LABOR PAINS

ZAK WAS THE WEEK THAT WAS: ENDING AUGUST 30 2013: LABOR PAINS

10 mins. to read

Seasonal rules regarding the stock market, such as “Sell in May” or the “Santa Rally”, tend to be most useful only in hindsight, and are not usually on a par with those relating to real life, such as never wearing white after Labor Day! But, with the Labor day holiday fast approaching in the US…

Citi group weighs in on the gold price debate. Forecasts $3500/oz

Citi group weighs in on the gold price debate. Forecasts $3500/oz

6 mins. to read

From CitiGroup Technicals Gold looks to have found a base… Following the multi-year surge in Gold the recent fall took us 14% below the 55 month moving average. That is exactly what happened in 1976 during Gold’s correction after a multi-year move higher. Once that moving average was regained on a monthly close basis the…

Risers & Fallers courtesy of Spreadex

Risers & Fallers courtesy of Spreadex

4 mins. to read

Risers  G4S, +2.47% Registering the most impressive gains within the FTSE 100, G4S has raised £348 million through share placing. This, accompanied by the planned sale of business worth a total of £250 million, is hoped to both alleviate the company’s debt, which stands at 3.2 times its earnings before tax, depreciation and amortization, and…

AIM starts to move

AIM starts to move

4 mins. to read

At the start of July I asked “Has the tide turned for AIM resource stocks?” Eight weeks later and this looks like it is going to be one of my better calls. As always, I prefer to look at the general conditions to help guide my stock picking. We can often fool ourselves that success…