It may be true to say that as far as the financial markets are concerned, there is very often nothing more difficult than trying to get a handle on a straight move. In terms of the context of the major indices, over the past few months since the early November “fiscal cliff wobble”, we have…
Just a brief update as the trading is keeping us busy today (gotta pay the bills!), but for those following us we have been taking partial profits on GBPEUR, USDYen and will be selling our Apple position in part between $473- 477 in the main session today. Although we have a bear stance on the…
Over the last few months, we have been resolutely bullish on the mining sector, alerting our readers to the material undervaluation amongst many mining stocks, particularly the likes of Bumi, Lonmin and ENRC – all of which have led the tables of the biggest risers amongst the large caps in 2013 (see table below). Here’s…
From our Long sterling call blog on Wednesday – We have today opened a Long GBPEUR spot FX position around 1.1567 and sold GBPUSD Puts for April with a strike of 1.54 @ 93 aswell as opening a short USDYEN position at 93.90. If you’d like to be involved in the forthcoming launch of our…
08 Feb 13 Cantor Opening Call The FTSE is seen opening up around 20 points this morning, and many apologies for the reduced note today Major European Companies Reporting Catlin Group Ltd, R, 0.893, Cofinimmo, R, 7.094, EMS-Chemie Holding AG, R, 11.006, Eurocommercial Properties NV, S1, 0, MAN SE, R, 2.78, Securitas AB, R, 5.114, …
Looks like David Einhorn has the same idea as us (see blog here – http://www.spreadbetmagazine.com/blog/is-apple-preparing-for-a-big-increase-in-its-share-buy-back.html) as he calls on Apple to pay out some of its cash hoard. The stock is presently up $8 pre market but is in fact up more as they have gone ex dividend to the tune of $2.65 today – MAKE…
It is a key day today for European investors with the ECB holding its second interest rate meeting of the year. Investors’ eyes will be focused on the press conference following the announcement just after midday and they wll be looking for clues regarding the near term direction of European monetary policy given the relative…
Well, in complete contrast to the UK’s FTSE 100 which has stormed to new 5 year highs in recent weeks, that other bellwether of Great Britain – the good ‘ol pound has had a shocker of a start to the New Year. In just over 4 weeks it has fallen some 5% against the Euro…
7 Feb 2013 Cantor Opening Call The FTSE is seen opening around unchanged today UK Corporate Announcements Tui Travel states that it sees its 2013 underlying operating profit growth at the top end of the forecasts as it sees strong demand across key markets ICAP announces that its balance sheet remains strong as it…
We have mused in recent weeks that Apple could surprise the market with a large dividend increase or share buy back. Well, maybe we are barking up the wrong tree here but the movement in its liquid securities as we relay below could be a clue as to what is to come… According to its…
