The ECB took centre stage on Thursday as Mario Draghi unveiled the ECB’s big push to combat the Eurozone’s growth and deflation problems. The headline measures include an MRO rate cut down to 0.15% and the introduction of a negative deposit rate. There were other measures adopted, though the ECB stopped short of initiating Quantitative…
CLICK THE IMAGE BELOW TO WATCH 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: Aminex (AEX) Extended base within rising February 2013 price channel. Spike through 50 day moving…
Another week in the markets, and I have to admit my big call from two weeks ago – that the Euro would weaken – has not yet gone according to plan. Why? Well, dash it, but it’s not my fault.. Its these pesky Europeans at the ECB and that chap Mr Draghi doing the wrong…
Yesterday’s shocking profit warning from ASOS (ASC) is a reminder to those who put their faith in super-premium rated stocks: you are running a very high level of valuation risk. In the previous 2-month trading update to 28th February ASOS reported a slow-down from 38% growth in Q1 to 26% in Q2. Although still a…
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More than five years after the worst of the financial crisis there would appear to be “an element” of mistrust amongst the general public towards the banking sector and bankers. But there has been at least one positive take away from the heady days of 2007/2008 – an enrichment of the English language. After all,…
Stock index options and futures business have grown immensely over the last couple of decades and now exert a considerable influence on all markets. An influence every trader should at the very least be aware of. The hedge ratio is the calculation of this influence with white being neutral, then yellow for minimal following on…
FTSE 100 None reporting FTSE 250 Ultra Electronics (ULE) – its Ocean Systems business (UEOS), located in Massachusetts, USA has been awarded a three-year contract totalling over US$19m from the US Navy. KCOM (KCOM) – pre-tax profits down by £0.1 million to £49.9 million in the year to March, dividend up by 10% at 4.88p…
Today’s profits warning from ASOS (its second in three months) goes to show how stellar rated stocks can quickly plummet if they fail to meet market expectations. Valued at up to 100 times earnings (and rarely below 50 times) for the past few years, the shares are down by c.30% today after the firm warned…
CLICK THE IMAGE 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: Berkeley Mineral Resources (BMR) Extended base within a falling February 2013 price channel. Spike through 50…
