By John C Burford Editor of Money Week Trader and author of Tramline Trading Gold has been driving traders nuts recently. If you like whipsaw action, you must have loved it in mid-July to mid-August. But when US stocks began their long-awaited topping process in the summer, gold revved up its engines and made a…
Once again this week the perilous state of the “recovery” in the Eurozone economy was thrust centre stage with the publication of GDP figures from across the region. These revealed a contraction in the powerhouse German economy and stagnation in France. Bloomberg economists now predict the Europe wide figure for Q2 2014 likely to be…
CLICK THE IMAGE BELOW TO VIEW TODAY’S VIDEO Spreadbet Magazine editor Zak Mir takes a look at the technical position of some of the bulletin board stocks of the moment amongst private investors. Here are the key points from today’s video: Afriag (AFRI) After an extended decline from September shares of Afriag turned around in…
FTSE 100 Rio Tinto (RIO) – In light of recent developments in Papua New Guinea has decided now is an appropriate time to review all options for its 53.83 per cent stake in Bougainville Copper. FTSE 250 Carillion (CLLN) – Following Carillion’s appointment by HUB earlier in the year as the preferred bidder for its…
Quindells Rob Terry As regular readers will know, I have traded against one Mr Lucien Miers and other bears of this stock in recent weeks, and have made money on both occasions. Currently I am totally flat the stock. For me however, the game changed seriously today when a competitor website overtly called Rob Terry…
The man the Daily Mail dubbed “The King of the Short Sellers”, Evil Knievil (aka Simon Cawkwell) is Britain’s most feared bear-raider. A big man with a bigger reputation, Evil Knievil famously made £1 million by short selling shares in Northern Rock during its collapse. He also uses his knowledge and experience to buy shares,…
With effect from today, we will be running a bi monthly Option Corner special each weekend with GFT Markets in which they will look to educate our readership about just how options can be used in their trading. We start this month with a selection of potential DAX strategies, depending on your view on the…
by Dave Evans of binary.com Since taking over the stewardship of the Bank of England, governor Mark Carney has not had a smooth ride. Forward guidance has been wide of the mark, with interest rate guidance slipping quickly between bullish and dovish from month to month. In defence of Carney, he has continually stated that…
At the beginning of the year, 2014 was labelled as many things as far as the financial markets were concerned, with most of them being bearish. One could argue that in many ways it has been worse than expected on both a fundamental, and especially geopolitical, basis. The big Black Swan initially was of course…
CLICK THE IMAGE BELOW TO VIEW TODAY’S VIDEO Spreadbet Magazine editor Zak Mir takes a look at the technical position of some of the bulletin board stocks of the moment amongst private investors. Here are the key points from today’s video: Caza Oil & Gas (CAZA) This week witnessed a sharp rebound and gap to…
