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 £1mn by short selling shares in Northern Rock during its collapse. He also uses his knowledge and experience to buy shares, often…
Billionaire Carl Icahn What do investment, golf and gambling have in common & what connects Carl Icahn, Phil Mickelson and William “Billy” Walters? On the face of it, they barely know each other but, according to the latest leaked information coming from the SEC and the FBI, greed is what connects them. It never hurts…
FTSE 100 easyJet (EZJ) – passenger numbers up 7.9% in May to 6,054,249, load factor up 0.7 percentage points at 89.9%. Lloyds Banking Group (LLOY) – has agreed the sale of a portfolio of UK commercial real estate loans to Promontoria Holding 109 B.V., which is an affiliate of Cerberus Global Investors, for a cash…
One of the big conundrums as far as technical analysis is concerned, which never seems to entirely go away, is how much to allow fundamental factors to influence your decision. Clearly, the purists will only go by the lines and squiggles they see before them on the screen. But of course, with many situations it…
We can only be delighted with the conclusions of the latest research conducted by Citi about the hedge fund industry (http://www.citibank.com/icg/global_markets/prime_finance/docs/Opportunities_and_Challenges_for_Hedge_Funds_in_the_Coming_Era_of_Optimization.pdf). They predict a new era of optimism with the hedge fund industry almost doubling in size byl 2018 as sophisticated investors continue directing their funds into the so called “smart money” industry, looking for…
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: African Potash (AFPO) Significant higher support above 1.5p for 2014. Rising November price channel /…
We present the JNUG chart which is a 3 times levered ETF on the gold mining juniors spectrum… We have been attempting to carry out the first half of the quote in our headline above on this particular ETF last week what with the gold mining spectrum back once more into the “once in a…
Recruitment firm Staffline (STAF) has had a strong run lately (with the shares at 958p at the time of writing they are up 40-fold since their nadir in March 2009). However, last month the firm announced an acquisition that could turbocharge its future performance. But first, a little about the company. The business… Staffline is…
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: Bowleven (BLVN) Price action remains pressured by the post November unfilled gap to the downside.…
One of the reasons I am glad to be back in the UK with the family, after several years in Spain, is that from now on the need to fly back and forth will be much less. This is just as well given my dislike of flying. Hearing the flight safety instructions on a frequent…
