All sorts of rumours surrounding Bowleven’s recent strength, we think that it is largely catching up with the sector. However, volume invariably always tells a tale and as we can see in the chart below, there has been very heavy volume in recent weeks – perhaps someone is building a stake after all? In any…
Spanish industrial production (IPI) looks to be falling off a cliff with the latest data just released showing that the annual rate of the IPI, adjusted for the calendar effect, stood at –7.2% in November 2012, as compared with –3.1% in October 2012. Durable consumer goods and capital goods sales have been hit particularly…
11 Jan 2013 For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Cantor Opening Call The FTSE is called to open up 10-15 points UK Corporate Announcements Tullow Oil states that production averaged at 79.2b/d in 2012 and sees 2013 up to 86-92k b/d Laird states that…
The Aussie dollar has been a hot ticket for yield hunters for nearly 4 years now, being shored up by central banks looking to diversify their foreign exchange reserves and whom have piled into the currency, aswell as large amounts of speculative money in recent years. To us, the sustainability of the Aussie’s gains is…
10 Jan 2013 For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Cantor Opening Call The FTSE is called to open up around 5 points higher today UK Corporate Announcements Tesco announces key 6 week holiday sales gained 1.8%, ahead of the forecasts of around 1% seen,…
You can get an understanding as to why I decided to go for being a technical analyst rather than a fundamental one 20 years plus ago, by looking at the fundamental forces governing the pharmaceuticals sector. The problem is that even if you can identify whetherin the current economic environment the companies involved are set…
After dropping as low as 84p pre-Christmas, buyers appear to be returning to Xcite Energy shares once again with the price back above 100p this morning – an increase of nearly 10%, and a 25% rise for those fortunate enought to dip back in at the lows at the end of 2012. Nothing concrete…
Post from Tuesday – We have been net buyers of Lonmin in recent months, believing the company’s assets to be very attractive to other players (and as evidenced by Glenstrata’s attempt to buy them on the cheap). I still wouldn’t discount a move by Aquarius or even Glasenberg again whilst the stock remains depressed and…
09 Jan 2013 For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Cantor Opening Call The FTSE is called to open up around 10 points higher this morning UK Corporate Announcements Sainsbury announces Q3 total sales gained 3.9%, +0.9% ex fuel, largely in line and states that the…
Why on earth Piers Morgan wants to live amongst those crazy Yanks is utterly beyond me. Personally I’d sooner seek sanctuary in Iran or North Korea! The scary thing is looking at the comments beneath the article – the dumb ****’s actually side with that crazy conspiracy theorist…
