Link – http://www.marketwatch.com/story/goldman-sachs-top-10-stocks-with-upside-potential-2013-02-06?source=email_rt_mc_body Wonder how much of these their “prop” desk is selling today…
EMED Mining (EMED): 14.23p Although it has to be admitted that there has been plenty of near term noise on the EMED daily chart as far as the price action is concerned, the overall technical position, to me at least is surprisingly clear and concurs with the Conviction Buy Call that SBM placed on the…
Below is the full text from this morning’s RNS released by the current Board of Bumi. It is a pretty compelling statement in our opinion and although we believe the Bakries to have been upto all sorts of shady behind the scenes actions that has detrimented Bumi shareholders, the alternate proposal that Nat’s put forward…
6 Feb 2013 Cantor Opening Call The FTSE is seen starting the day up around 10 points higher UK Corporate Announcements Daily Mail states that trading is in line with the forecasts and details that it is rename its consumer group as DMG Media WS Atkins maintains its full year outlook and states…
FTSE DAILY In the past few weeks we have kept a close eye on the 2012 highs, as these had been a major resistance area, with added importance due to its close proximity with the psychologically important 6,000 level. We can see how the FTSE has pushed through the 6,000 level and through the cluster…
Bob Janjuah is a respected strategist housed at Nomura. His thoughts below are thought provoking & definitely worth reading for anyone positioned in this market at this point. 1 – The medium-term and the ‘1450/1475 rule’: Over the medium term – the first half or so of 2013 – I expect risk assets to rally with…
Given that I live in Spain, and have a Spanish wife, it may be that I could be regarded as something of a Europhile. This is not the case however, I can assure you (and Nigel Farage fans!!). The nightmare of a Spanish economic collapse over the past five years has affected many people I…
With everybody’s favourite current whipping boy – the tech goliath that is Apple falling back towards its post 4Q result lows yesterday, and after hedging our long position with the Bear Put Spread to leave us with a short Put position at $440, we have been adding to our long stock spread bet position with…
The chart above shows that whilst the US has been merrily sailing along towards its all time highs during the last 10 days, that Europe (as measured by the Eurostoxx index) has been dancing to a different drum beat (ex UK until yesterday). The rising Euro (which has come back around 2c from Fridays…
05 Feb 2013 Cantor Opening Call The FTSE is seen opening up around 5 points this morning UK Corporate Announcements Arm details a Q4 pre-tax profit of £80m, just ahead of the forecasts, on revenues of $262m up 21% St Modwen announces a full year pre-tax profit of £52.8m from £51.7m last year…
