With Lonmin shares rising over 6% on Monday and Bloomberg reporting, citing 2 seperate sources, that Xstrata are considering making a renewed offer for Lonmin, it is noteworthy that the shares are up again today against a flat market and in rising volume. With continued comments from the current Lonmin management urging shareholders to vote…
The downward trend still looks to be intact and even the charts have lots of negativity about them with some of the key moving averages starting to indicate some ominous bearish signals. The FTSE has bounced twice off its daily 200 day moving average around the 5720 level which was visited yesterday and last Friday…
We have EMED Mining as a Trading Buy, the position being entered at 9p on the 24 Aug. The stock has been covered extensively in our magazine and on the blog (tabs to the right) with the most recent commentary from our contributor Zak Mir who suggested the stock might be ripe for a squeeze…
In February 1990, when Jimmy Carter was US president, the financial world was shaken to its very foundations. The cause? The failure of the Democrats and Republicans to sort out the economic problems of their nation. Ring any bells? Once again, the two parties are at loggerheads; this time over how to avert plunging over the the…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Gold Monthly The Monthly graph above shows the stellar performance of Gold over the past 25 years. From lows of under 300 at the start of the millennium up to the powerful trend to highs posted this year. This graph…
Can and will history repeat itself again? If the Fiscal cliff is ridden over then yes, if we avoid it then this chart is consigned to the bin….. Our money’s literally on the latter.
Questions for Mr David Pummell (CEO, supposedly) of Ceres Power as the buyer returns to Ceres – 1. Almost 16% of your company has changed hands over the past 10 days – where is the RNS holding movement announcement? 2. When do you deem it fit to update your shareholders about the progress on the…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. FTSE 100 DAILY In our last couple of reports we felt that the FTSE was looking solid in the near term trading range, white region. However we can see that both in the FTSE chart above and in the US…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. 13 Nov 2012 UK Corporate Announcements Vodafone states it takes a £5.9bn impairment on Spain and Italy, and plans a £1.5bn share buyback, as it details Q2 organic service revenues fell 1.4% worse than the forecasts 0.7% falls, but sees…
RIMM shares are up sharply in pre market trade after announcing that it is to introduce its BlackBerry 10 smartphones on January 30 2013 and so confounding the more skeptical “anal”ysts that had expected the device to be released towards the end of the first quarter. Management have bet the company’s future on the success…
