Apple CEO Tim Cook You’re probably all “Apple’d out” now following the blogs on this site, aswell as the literally thousands of comments from other publications this last week. However you slice it though, the results have not been received well with the stock plumbing 52 week lows and, on this occassion, the so called…
The FTSE is now, on a daily basis, the most overbought on the RSI measure (make sure to read this months School Corner in the latest edition of our mag just out for an explanation of ho to interpret this) since May 1997… Not in itself a reason to reverse but another cautionary element to…
A small update just out from Edison Investment Research which concurs with our view of the sector for 2013. Oil and gas stocks failed to keep up with the recovery in equities seen across most other sectors in 2012, driven by both downside commodity price pressure and a less-than-stellar exploration success rate. This leaves an…
The S&P 500 Index (SPX) is in the midst of its longest daily winning streak in over eight years, as of Friday’s close it has seen eight straight positive days. Does this daily winning streak mean anything for the market going forward? Does it point to underlying strength — or have stocks become overbought? Let’s…
Cantor Opening Call The FTSE is seen starting the week up around 20 points higher UK Corporate Announcements Mitie Group states that its four month progress has been in line with the forecasts Sthree announces full 2012 revenues of £577m from £542m, and a pre-tax profit of £25.3m easyJet’s details that its chairman…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Monday, January 28, 2013 UK Reporting:- None Detailed S&P 500 Reporting:- American Electric Power Co Inc, Q4, 0.455, Biogen Idec Inc, Q4, 1.459, BMC Software Inc, Q3, 1.015, Caterpillar Inc, Q4, 1.703, Plum Creek Timber Co Inc, Q4, 0.286, Roper Industries Inc,…
It’s interesting sitting where we are and receiving lots of daily commentary on the markets. The common theme that stands out very clearly to us at present is that a lot of the “tipster” services are expecting (almost willing) the FTSE to come back after a strong start to the year. Most commentators are also…
As a European, I’m really happy with Europe’s future prospects – or so, I am told, I should be. Well, why then do I not feel happy? Since the start of the New Year, I only hear good things on the subject. From Merkel to Draghi, everyone seems to agree that the worst is already…
In the results released on Wednesday after the belll, the most important measure of profitability and flexibility for a company – Free Cash Flow (defined as cash flow minus maintenance capital expenditure), was very healthy to say the least. Apple in fact grew free cash flow 30% in the quarter to over $21 billion. Over the…
The life of a chartist is very often an interesting one given that the financial markets are of course the greatest show on earth. But what can be said about the job is that very often, you are talking about stocks and markets where unless you have positions in them, there is a curious detachment.…
