And so, as is always the case with these intense downdrafts that when you are in the middle of them seem to go on forever, it looks like a lot of flimsily capitalised players were flushed down the pan today on their positions. Bull signs that lead us to have high conviction in our index…
Rothschild and Bakrie UPDATE – 9 NOV 2012 – Todays announcement of continuing fractious relations between PT Bumi (the Indonesian main co) and Bumi Plc leads me to believe ever more that the only way for the Bakries to cleanly break and shed Natty is to offer cash to the remaining shareholders. Nat doesn’t hold…
With fear all pervading in the markets again at the moment, and a lot of blood being spilt as margin is being called in around the globe and the engine of the stock market rally in recent years – Apple – continues its deflation, the above chart caught my eye as we approach the weekend.…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Fri, November 9, 2012 UK Corporate Announcements IAG announces Q3 EBIT of €263m ahead of the forecasts of €231m seen, and states that Iberia continues to cause concern, and will cut 4,500 jobs in the unit Hammerson states that it…
And so it seems that every man, woman, dog and debt rating agency are now barking at the Republican congress to co-operate with the democrats to change course away from the fiscal cliff and bring about a transition which will involve compromise. Certain tax hikes will be swapped by the Republicans for no further cuts…
The Bank of England halted expansion of its bond-buying program todays after some policy makers questioned its effectiveness in supporting a recovery that still remains lacklustre. Today’s move suggests the London-based central bank may focus on credit-boosting initiatives such as the Funding for Lending Scheme to ignite growth. The nine-member Monetary Policy Committee led…
Why earnings season kicked my butt and then fixed me again It’s been a mad few weeks recently with many of the US stocks I held delivering their earnings results. All of my stocks made profits of course, but it’s not about making profits. It’s about whether those profits reflected what the market was expecting…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Thurs, November 8, 2012 UK Corporate Announcements BTG reports an H1 pre-tax profit of £105.3m up from £79.4m and maintains its full year revenue forecasts Rightmove states that it maintains its full year guidance and expects additional growth ahead in…
I have to say that I had Romney mapped out as a loser from the start. As a “would be politician” myself (over and above the Rat Pack membership of course), I know enough about the subject (‘A’ grade at A level no less!) to say that it is always for the contender to beat…
