Swen Lorenz

Market news round up, upgrades & downgrades courtesy of Cantor Index

Market news round up, upgrades & downgrades courtesy of Cantor Index

5 mins. to read

For more research & Technical Analysis from Cantor Index click here to register. UK Corporate Announcements Go Ahead Group states that trading has been in line with management forecasts WM Morrison states that the challenging conditions remained, and details H1 revenues of £8.9bn and a pre-tax profit of £440m and expects the tough conditions to continue EasyJet announces 12 month…

The “Fiscal Cliff” looms ever larger…

The “Fiscal Cliff” looms ever larger…

3 mins. to read

At one second past 5 a.m. on Tuesday 1 January 2013, almost all of you will be tucked up in a warm bed, perhaps recovering from the New Year celebrations a few hours before; no doubt pleased that you won’t have to go to work when you wake up, this being a Bank Holiday. While…

All eyes on tomorrow’s ECB meeting

All eyes on tomorrow’s ECB meeting

2 mins. to read

Investors are now preparing for tomorrow’s ECB meeting with elevated expectations about what Mario Draghi has in his bag of tricks. The Euro has been rising against most crossed since the last ECB meeting held on August 2 and many commentators believe tomorrow’s meeting will make history with confirmation of ECB bond buying and so…

Short term low in on Facebook?

Short term low in on Facebook?

1 mins. to read

We asked yesterday what Mr Schmuckerberg’s next move was and opined that the emperor had no clothes… Well Mr Z answered loudly with an SEC filing in which he said he would not be selling any stock for at least another year. The stock rebounded from an all-time low of $17.55 on this news to trade up…

Xcite Energy creeps higher against a moribund AIM Oil & Gas sector…

Xcite Energy creeps higher against a moribund AIM Oil & Gas sector…

0 mins. to read

Volume is once more accompanying the share price rise today – see chart annotations below. As we posted here yesterday – http://www.spreadbetmagazine.com/blog/2012/9/3/plenty-of-action-in-xcite-energy-and-more-to-come.html there looks to be 3 potential reasons behind the outperformance in recent weeks. Someone seems determined to mop up stock anyways and the odds on an announcement on the EWT imminently are shortening by…

Cometh the hour, cometh the Draghi?

Cometh the hour, cometh the Draghi?

2 mins. to read

Mario Draghi, ECB President The sovereign debt situation in Europe  remains at the helm of investors watch-list, in particular with the ECB meeting tomorrow. Market participants are looking for signs that the ECB has the situation under control. The “canary in the coal mine” will continue to be Spanish and Italian bond yields. If rates…

Market news round up, upgrades & downgrades courtesy of Cantor Index

Market news round up, upgrades & downgrades courtesy of Cantor Index

6 mins. to read

UK Corporate Announcements Sports Direct details 13 week retail sales gained 19.9% with gross profit up 14.8% Berkeley Group states that it is trading in line with the forecasts and sees its full year earnings at the top end of the expectations Hargeaves Lansdown announces a full year pre-tax profit of £152m on revenues of £238m and increases…

Super prime luxury property continues to power ahead

Super prime luxury property continues to power ahead

1 mins. to read

It was not long ago that the luxury end of the world’s property market was under severe pressure. During the global financial crisis, even the Mayfair area of London – the capitals hedge fund centre – underwent major changes. In 2009, the number of estate agents declined dramatically and those that managed to stay open…