I suppose being a share tipster is like being a politician, you are rather obliged to accentuate the positive. As a technical analyst, there is perhaps the scope for greater accuracy in terms of timing and targets as compared to a “normal” fundamentals based guru, but of course, ironically, greater error. This is because even…
Below is a chart of the National Association of American Institutional Investors which shows the sentiment reading of these key investors in relation equities. We can see that it reached a near 3 year peak recently and has, interestingly, detached from the S&P500 index level. It generally leads the market lower and so for the…
More than one month after the now infamous Eurozone meeting, where it was decided that Cypriot local depositors would take a large haircut on balances over 100,000 euro’s, the situation in the country remains fragile and the uncertainty continues to strangle the economy. It is certainly doubtful that any Russians will be parking their…
Regular readers will know that we suggested a short position on ADVFN back in the Feb edition of our magazine (see here page 16 – http://issuu.com/spreadbetmagazine/docs/spreadbet_magazine_v13_generic?mode=window&pageNumber=1). For those that haven’t read our bear case, we recommend that you take a look at the well reasoned argument. A reader brought the stock to my attention again…
Market Sniper expects downside to 30p. Beware longs!
I made a call for the Dow to enter a serious drawdown period on the 6th April (see here – http://www.spreadbetmagazine.com/blog/tom-houggard-makes-the-bold-call-of-an-imminent-market-turn.html) On the 6th April 2013 the Dow was trading at 14,711. The closing high on the 8th April was 14,613. On a like for like call I am, as yet, not proven right. The high was calculated…
