For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Monday, October 29, 2012 UK Reporting:- Arm Holdings Plc, ARM, (SM), City Of London Investment Tr, CTY, (SM), Glaxosmithkline Plc, GSK, (Pr), Perform Group Plc, PER, (R), Perform Group Plc, PER, (R), Perform Group Plc, PER, (R), Perform Group Plc, PER,…
S&P to drop 14%… China misses earnings… VIX at a 4 month high… Greek deadline Sunday eve…Spanish bailout woes… the list of bear stories on Friday was seemingly endless. Packaged with all pervading negative sentiment, as detailed in the blog here –http://www.spreadbetmagazine.com/blog/safe-to-go-back-in-the-water.html and heavy oversold readings on the major markets (ex Japan which is our top pick and continues…
Since the arrival of our fourth and almost certainly last child on September 20, I do not think that there has been one night where I have had a decent amount of sleep. But of course, been the positive kind of guy I am, I have decided to turn this to my advantage and rather…
Looking at the economic data for Greece over the last few years, it is shocking to say and a tragedy for the Greek people, but it now resembles the Great Depression of 1929-33 in the US. Unemployment has skyrocketed, GDP decreased substantially and the stock market has been decimated. Along the way, social unrest has…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. 26 October 2012 UK Corporate Announcements African Barrick reports Q3 results sales of $265m down from $354m and net income of $29m and sees full year production under the lower end of the expected range Elementis states that it sees many opportunities…
My appearance on CNBC on Tuesday was the first in 6 years – basically in 2006 I decided there was going to be financial Armageddon (2 years too early!) and I did not want to be either the bad guy saying that we are doomed and the FTSE 100 is going to halve or not…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. 25 October 2012 UK Corporate Announcements Segro states that it has achieved its disposal target in today’s interim management statement Debenhams announces full year total sales gained 2.6% and a pre-tax profit of £158m from £160m Anglo American details that it is moderating…
The “Aussie” received some bullish news on Tuesday evening with the release of the CPI figures and which rose more than expected. Preliminary Chinese PMI figures also grew from the last report. The news gave a boost to the Aussie, gaining more than 50 pips overnight. Today, in contrast, weak eurozone PMI data put some…
Interesting commentary released by a few brokers in recent days regarding current sentiment levels in the market, although it has to be said with a US bias. It seems that sentiment indicators have had a further modest shift away from the optimism that accompanied the 14-Sep highs in the US & UK. The bulls dropped to 41.5% from 42.6%…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. 24 October 2012 UK Corporate Announcements Home Retail announces H1 sales of £2.53bn down 1% and states that a review identifies it needs to invest in its Argos unit and targets £4.5bn of Argos sales by full year 2018 and continues…
