Swen Lorenz

Chart snippet – Bumi looks to break resistance @ 172/3p

Chart snippet – Bumi looks to break resistance @ 172/3p

0 mins. to read

Beaten down coal miner Bumi has been knocking its head against the 172/3p level on 3 occassions over the last 12 days since the shock announcement of a probe into the financial affairs of its holding in prime asset Bumi Resources PT.  With a key shareholder meeting on Thursday and the clock ticking to the…

Ceres Power – the unanswered questions…

Ceres Power – the unanswered questions…

4 mins. to read

It’s fair to say that this mag has been a big advocate of Ceres Power, based around the potential of its technology and high expectations of the new management headed by David Pummell. Here’s a link to our postulations underpinning the investment case (page 16) – http://issuu.com/spreadbetmagazine/docs/spreadbet-magazine-v6_generic  Regular readers will also know that we are not…

MARKET NEWS ROUND UP, UPGRADES & DOWNGRADES COURTESY OF CANTOR INDEX

MARKET NEWS ROUND UP, UPGRADES & DOWNGRADES COURTESY OF CANTOR INDEX

6 mins. to read

For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. UK Corporate Announcements Hays announces that markets have been stable overall through the quarter and sees Q1 total fees down around 1%, and states that parts of Asia and Southern Europe have been very difficult XP Power sees a modest sequential…

Chinese stocks back to 1997 valuations – year of Hong Kong handover

Chinese stocks back to 1997 valuations – year of Hong Kong handover

3 mins. to read

The last time China’s stocks were as cheap as they currently was in 2008, from which the benchmark index rose 83 percent in a year. Policy makers are struggling to reverse the worst economic slowdown in more than a decade, the most-accurate strategists say. Cheapest PE since 1997 While the Shanghai Composite Index trades at 11.3 times the earnings…

Metals & Mining sector looks to break out to upside

Metals & Mining sector looks to break out to upside

0 mins. to read

The Metals & Mining ETF (XME) in the US looks poised to continue its resistance breakout with obvious positive conntations for the UK mining sector (that we are very bullish on right now). The chart below shows the XME first broke resistance with a big surge in early September and broken resistance turns into first…

the concise guide to the week ahead courtesy of Cantor Index

the concise guide to the week ahead courtesy of Cantor Index

4 mins. to read

For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Monday, October 8, 2012 UK Reporting:- Carclo Plc, CAR, (R), Intercontinental Hotels Group Plc, IHG, (SM), Michael Page International Plc, MPI, (R) Economic Data:- 09:30 Eurozone October Sentix, -23.2 previous Economic Events:- Euro Area Finance Ministers Meet in Luxembourg Government Auctions:-…