Swen Lorenz

Market news round up, upgrades & downgrades courtesy of Cantor Index

Market news round up, upgrades & downgrades courtesy of Cantor Index

5 mins. to read

13 Mar 2013 Cantor Opening Call The FTSE is seen opening down around 15 points lower this morning       UK Corporate Announcements Hochschild Mining details full year revenues of $818m and an adjusted EBITDA of $384m with revenues down 17% and that inflation concerns and scarcity supports its outlook G4S announces full year…

Gold mining sector throws up potential historic buying opportunity

Gold mining sector throws up potential historic buying opportunity

4 mins. to read

The year has certainly started very well for almost every asset class and currently, all the main global equity indices are well and truly in positive terrain. Just look at FTSE 100 and FTSE 350, for example. The British indices are up 9.1% and 9.5% respectively. And if we look at FTSE 350 sector indices…

FTSE technical analysis overview courtesy of cantor index

FTSE technical analysis overview courtesy of cantor index

1 mins. to read

FTSE Daily In the past couple of weeks the FTSE had posted some minor profit taking. However the price action in recent days has lifted the index back to fresh multi year highs and the index has maintained the near term bullish trend, black line. The RSI over this period has posted bearish divergence, as…

Cable Technical Analysis courtesy of Cantor Index

Cable Technical Analysis courtesy of Cantor Index

1 mins. to read

Cable Weekly Since 2009, cable has been in a tightening formation (black lines above), however the price action has broken lower in recent months. On breaks of trend lines retracement levels can often prove useful. The retracement lines calculated from the highs/lows in 2009 have proved to be of interest in recent years, particularly the…

Market news round up, upgrades & downgrades courtesy of Cantor Index

Market news round up, upgrades & downgrades courtesy of Cantor Index

3 mins. to read

12 March 2013 Cantor Opening Call The FTSE is seen opening around unchanged on the open today   UK Corporate Announcements Antofagasta announces full year net sales of $6.74bn from $6.08bn, with net profit down 17%, citing costs and impairment charges, but lifts its dividend payment Inchcape reports a full year pre-tax profit of £251.5m…

US Household’s net worth inflated By the Fed’s QE programs

US Household’s net worth inflated By the Fed’s QE programs

3 mins. to read

 The US Federal Reserve recently released its Z1 – Flow of Funds report for the last quarter of 2012. This report shows the composition of US households net worth as detailed by asset and liability classes. According to the report, it seems US households have reasons to be happy since their net worth is now…

Market news round up, upgrades & downgrades courtesy of Cantor Index

Market news round up, upgrades & downgrades courtesy of Cantor Index

3 mins. to read

Cantor Opening Call The FTSE is seen starting the week flat to marginally higher     UK Corporate Announcements Anite states that nine month revenues were broadly in line with the expectations Hansteen reports full year revenues of £77m from £64m and an adjusted pre-tax profit of £46.2m from £8.9m Soco announces its full year…