For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. UK Corporate Announcements Halfords announces group Q2 retail gained 4.3% and that it has a good pipeline of new centres Victrex states that the positive trend growth in H1 has continued in H2 Carillion states that it is well placed…
I remember from the Million Dollar Traders programme a few years back on the BBC that one of the contestants plumped for a short in plumbing materials group Wolseley (WOS). The problem was that even at that time over three years ago traders were being carted away on bear positions in the stock, as apart…
The following paragraph caught my eye yesterday concerning the brand value of RIMM (maker of the blackberry) – “RIMM plummets to near bottom of global brand list. Interbrand said Tuesday that Research In Motion’s BlackBerry is now 93rd on its list of 100 most valuable global brands, down from 56th in 2011. It put the brand’s…
Gold and silver have been boosted higher during the last few years as a direct consequence of central banks actions. In particular, the Federal Reserve (FED) has been engaging in a prolonged quantitative easing program, buying billions of dollars in Treasuries & mortgage securities in a desperate attempt to put the US economy back on…
Overnight press reports of comments from Terry Matthews, the Welsh originate and tech billionaire that RIMM would be more likely to recover if it finds a strategic partner to help defray expenses caught my eye today, particularly given the timescale that has now passed since RIMM CEO Thorsten Heins embarked upon his “corporate review” in…
Interested to learn about “pairs” trading – a trading style that we have covered extensively in our magazine that allows you to hedge out “market/systematic” risk and is used by many professional traders and hedge funds? A free seminar is being run by Cantor Index in the early evening of Monday 15th October at their…
Punters favourite XEL (and a Conviction Buy recommendation of ours) continues to generate investor interest during the last few days with the stock sharply outperforming the AIM Oil & Gas sector and the wider market, even in the face of a falling oil price. Mmmm.. The chart below shows the price action over the last…
From the utter disaster that was JJB, the following caught my eye today from some poor punter who it seems held out to the very end – “JJB waste of space well well well, my fingers have been well and truly burnt here. never again am i going to listen to any bulletin board and get sucked…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. UK Corporate Announcements Wolseley announces full year revenues of £12.7bn from £12.06bn and announces a trading profit of £658m from £596m, ahead of the forecasts and proposes a £350m special dividend Babcock International states that it remains confident that it will meet…
FTSE 100, Daily, Candle Last week we felt that the FTSE was looking solid in the near term trading range, red region, and that buyers could materialise at the low levels of last week, instead we have seen how the index continued the near term weakness and moved down to the lower end of the…
