After all the anxiety about fiscal cliff’s and the U.S. debt ceiling in recent weeks, its back to good ol’ corporate earnings from later today with the start of the fourth quarter 2012 earnings kicking off after the Wall Street close with results from aluminium giant, Alcoa. A report from Factset released last week (see…
Simple buy and hold merchants are no doubt happy with what US markets delivered in 2012. The main market gauge, the S&P 500 rose 13.4%, the tech index Nasdaq 100 rose 16.8% and the small cap index Russell 2000 closed out the year up 14.6%. No matter what the flavour you choose, all the main…
Horn-Smith More news stories out overnight surrounding the EGM that ol Natty is requisitioning to replace largely the entire Board (see below). I must say I agree wholeheartedly with his stance, Horn-Smith has proved extremely ineffectual this last few months since the allegations of corporate skullduggery came to light. Another example of the gilded public…
08 Jan 2013 For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Cantor Opening Call The FTSE is seen opening down around 5 points lower today UK Corporate Announcements Debenhams states that it has posted its highest ever December sales, with 18 week LFL sales up…
07 Jan 2013 For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. FTSE DAILY CHART In the past few weeks we have highlighted how the FTSE had broken down through its previous bullish trading channel. We mentioned at the time however that a trend line break does not necessarily…
UPDATE – 18:13PM – We have been watching BUMI throughout the day today and noted the heavy volume relative to recent weeks (see below). There was a 2 way pull but towards the close and into the auction in particular they were well bid. I expect a news update in the next few days and…
The acid test for Ceres shares following the substantial rise seen in recent weeks following the recapitalisation will be what the stock price does once ORA hit the 29.9% – I think they are pretty much there now. Will IP2PO then step up to the plate or fresh buyers? I don’t want to pat myself…
Apple, still the most valuable company in the world with a market value of $510 billion, has seen its shares slide more than 20 percent from a record $705.07 in September on a myriad of investors concerns. They include worries over price cuts and shrinking profit margins, the ability of Apple CEO Tim Cook and…
It could pay to apply close attention to how the market performs this month. The January Barometer refers to the fact that the market’s performance in January is a good indicator for how it’s going to perform the entire rest of the year. Using data since 1950, the table below shows Dow Jones Industrial Average…
