For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. 22 Nov 2012 Cantor Opening Call The FTSE is called to open up around 20 points today, and trading is expected to be light with US markets closed for Thanksgiving UK Corporate Announcements SABMiller announces an H1…
Not being in touch with youth fashion, or perhaps even any fashion other than that of Carnaby Street 1972 (!), I cannot add too much regarding the fundamentals of French Connection (FCCN). As can be seen on the daily chart of the fashion retailer, there has been an extended base formation in the making on…
In our last couple of reports we felt that the FTSE was looking solid in the near term trading range, red region. However we can see that both in the FTSE chart above and in the US daily charts below that the international markets have broken down in recent weeks, green region. This nervousness has…
The FTSE is called to open down 10 this morning UK Corporate Announcements Halfords announces an H1 gross profit of £246.3m with H1 group revenues up 0.4% to £455.6m and maintains its outlook Intermediate Capital announces assets under management of €12.1bn up 6% from the end of the year Qinetiq details H1…
I have yet to read an analyst report (and I have read several thousand) that makes some kind of prediction based on data and assumptions as to where a stock might be several months in the future. For the most part, analyst reports simply reaffirm today’s stock price and nothing else. Yes I’m talking about…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Tues 20 Nov 2012 The euro monthly chart above shows how the currency has had a relatively strong performance over the past 10 years despite the wider concerns on Greece, Portugal and Spain. Retracement levels can often prove useful in…
UPDATE – PRE MARKET TRADING AT $10.10 With RIMM continuing to poke one in the eye of its unnumerable sceptics with the stock rising very close to the key $10 level yesterday (toeing a high of $9.80) it is interesting to see that a previous bear of the stock – Jefferies analyst Peter Misek late…
Stock is trading in Nil paid form in case you are wondering why the shares appear to have fallen by nearly 50%. For every 5 shares you held you now have 9 Nil paid shares too that are trading at around 140p. You can choose to sell them in the market or take up the…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Tuesday, November 20, 2012 UK Corporate Announcements Paragon reports a full year pre-tax profit of £95.5m from £80.8m and that it remains well funded to support further development and that its buy to let and portfolio units have grown strongly…
Apple has been busy selling iPhones and making the new iPad mini in recent months yet to look at its share price, that has fallen by over 20% in the last 6 weeks, you’d think that sales had fallen off Apples very own “cliff”!. The company has been multiplying and seemingly subdividing its products in…
