Latest

Serica Energy: Rising trend channel points to 40p

Serica Energy: Rising trend channel points to 40p

1 mins. to read

I am not sure what the acid test is when it comes to buying shares. However, just a couple of months ago I was thinking of buying shares of Serica Energy (LON:SQZ) for my nine-year old son to illustrate the “magic” of investing on the stock market. Although technical analysts are notorious for being short-termist,…

Tilting the odds in one’s favour

Tilting the odds in one’s favour

0 mins. to read

This is really serious investment material and not for flebsters:   You enter tomorrow Wednesday’s Lotto online. You will need to register on the National Lottery site.   The problem is to devise, say, 2,000 different entries using numbers 32 to 59. I think it is £1 an entry. But you can look it up.…

Infrastrata: Clearance of 200 day line targets 1.4p

Infrastrata: Clearance of 200 day line targets 1.4p

1 mins. to read

Although it may be said that Infrastrata (LON:INFA) has been something of a Cinderella stock in the recent past, it would appear that the latest developments at the group could signal the start of a lasting turnaround. Apart from the share price drift, there have been a couple of problems associated with the Infrastrata story…

The even slower death of the stockbroker analyst – part 2

The even slower death of the stockbroker analyst – part 2

7 mins. to read

I started out on this series thinking I would ask where investors – private and institutional – will go for good research, given that regulation – particularly Mifid II due to come into force next year – is said to be causing brokers to lay off their analysts. This raises the question: What is good…

Populist drivel

Populist drivel

2 mins. to read

There is still no whiff of adverse rumour surrounding Six Hundred Group (LON:SIXH). This makes it a stonking buy at 13p. My reservation is that since it is so obviously cheap there has to be a reason for the share price being down here. ***** I used to regard listening to Any Questions on BBC…

Echo Energy: Imminent triangle breakout towards 0.8p

Echo Energy: Imminent triangle breakout towards 0.8p

1 mins. to read

Echo Energy (LON:ECHO), formerly Independent Resources, has already been one of the micro cap stocks of the year to date. It would appear from the daily chart configuration that a new leg to the upside should be with us within days. What was interesting about the break higher for Echo Energy, on news that Sound…

Trumponomics, Corbynitis and Post-Thatcherism

Trumponomics, Corbynitis and Post-Thatcherism

12 mins. to read

You can tell a political ideology by its tax-and-spend policies. The two far extremes of the English-speaking political world – the new US populist right and the old UK corporatist left – are fashioning very different fiscal programmes. Might Post-Thatcherite Mrs May be the new Middle Way? The wealth of a nation In an interview…

Are valuations now dangerously stretched?

Are valuations now dangerously stretched?

6 mins. to read

Stretched Valuations Since the beginning of the year, I have been drawing the attention of the reader to the lack of volatility in U.S. markets, as such a high level of complacency is extreme by historical standards and is not supported by current fundamentals. Recently, the VIX (INDEXCBOE:VIX) fell below 10, which is a rare…

Challenger Acquisitions: Above 50 day line could target 8p

Challenger Acquisitions: Above 50 day line could target 8p

1 mins. to read

Having interviewed the CEO of Challenger Acquisitions (LON:CHAL) a couple of times, and having liked the concept behind the company, it is good to see the first stirrings of recovery for the stock price. I note today on Twitter that some of the traders who normally know what they are doing are backing Challenger Acquisitions…