Swen Lorenz

A terrible end to July and then a whippy start to August.  If I was to summarise July in one word, it would be “wasted”. So in order to make a bad month good (!) I need to make good my wasted opportunities of which I will detail below – Looking back across my trading diary, if…

UPDATE – $22 JUST HIT. That’s our trading boots hung up for this week. Hope you all managed to turn a profit! Hold tight for $22.

This magazine has covered Ceres Power – one of the true potential 10 bagger stocks that exist today in the previous edition of our magazine. Link here (page 16 ) – http://issuu.com/spreadbetmagazine/docs/spreadbet-magazine-v6_generic and in previous blog posts (check tabs to right under Ceres Power) The volume sotry below is continuing to have our antaenna’s ‘twitching’ –…

We are sat waiting to add the 2nd tranche of Facebook shares to our account today in the $19.40-50 range to complete the position in anticipatION of a consecutive day slightly lower double bottom. Facebook 5 day intra-day chart   We think that global markets have had a useful shakeout yesterday that has washed out…

Take a look at our record on the About Us page. We are in the process of seeding 3 dedicated “follow me” funds –  1. A diversifed yet concentrated Oil Explorers fund 2. A diversified yet concentrated Natural Resources fund and 3. A Special Situations/Global Macro fund. If you would like details on this unique…

UK Corporate Announcements IAG announces H1 revenues of €8.53bn up 9.8% and a Q2 EBIT loss of €42, largely in line with the forecasts, and details it now sees a small loss for 2012, and states that Iberia’s problems are ‘deep and structural’ Inmarsat reports an H1 EBITDA of $381m from $427m on revenues of…

Mario Draghi In what has been an eagerly anticipated week, with three important central bank statements due, investors were left scratching their hands today with no clear answers from any of them. First, the Federal Reserve just “kicked the can down the road” once more to September concerning any further monetary easing out of them.…

Trade thesis – downtrend coming into play for an upside probe, RSI now 5 days into the 20 range on the hourly chart (more often than not a level at which a bounce comes in), volume slowing on the decline over the last 2 days and all pervading negative sentiment. NOTE – We have opened…