FTSE 100 Stocks Anglo American (AAL): Price Channel Support It would appear that there are at least a couple of major influences on Anglo American over and above the strength of the Chinese economy, the biggest customer of all the leading mining stocks. They are where the FTSE 100 is, and of course where the…
Given the way that Pantheon Resources has been something of a “hero” play for private investors, it seems churlish not to take a look at the charting position in the wake of what appears to be a rebound from the floor of the recent trading range. Pantheon Resources (PANR): Price Channel Target at 230p Pantheon…
I make no apologies for covering another gold stock just a couple of days after the previous one, Highland Gold Mining (HGM). This is on the basis that we have been treated to a major break of key $1,300 resistance for the metal, and given all the uncertainties in the stock market and politics, the…
It would appear that everyone in the UK is an expert on the supermarket sector, even more so than the management of the companies in question, and of course even more so than one of the world’s greatest ever investors, Warren Buffett. He first invested in, and then bailed out of Tesco, describing the whole…
Although for much of the five years that the mining sector spent in the wilderness we were told by the “experts” that the time to buy was now, it is ironic that when the real turnaround came at the beginning of this year these optimists were rather quiet. Also worth noting is the way that…
Lloyds Banking (LLOY): Share Sale or No Share Sale? I have to confess finding it highly amusing that every time the Government, mainly in the form of Chancellor Osborne, gets close to selling the remainder of its stake in Lloyds Banking, the stock market tanks. True, the run up to the June 23 Referendum has…
FTSE 100 Stocks Barclays (LON:BARC): Time to Mind the Gap It has been in interesting year to date for UK banking stocks, with a relatively predictable spread between the domestic focused players, who have done rather better than those exposed to emerging or submerging markets. That said, one supposes that the likes of Barclays have…
Ocado (OCDO): Amazon on the Horizon One of the best business stories of late, which has received blanket coverage, was that of Amazon (NASDAQ:AMZN) entering the online supermarket space. Ordinarily this would have been bad for all companies doing anything in this area. But for the UK’s Ocado it must surely be the nightmare scenario.…
Auto Trader (AUTO): Motoring Ahead I have to admit it took me seconds to arrive at the title for the latest analysis on Auto Trader, with “Motoring Ahead” being appropriate not only to the technical position, but also the fundamentals. This is said in the aftermath of today’s full-year results where profit after tax jumped…
Sainsbury (SBRY): “Challenging Conditions” The stock market has a vocabulary all of its own; it is one where the famous Great British understatement usually figures strongly. Luckily, so far this has not been undermined by any EU directives as yet. “Challenging conditions” is one of the classics in this respect, with the main problem being…
