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FTSE & S&P TECHNICAL ANALYSIS COURTESY OF CANTOR INDEX

FTSE & S&P TECHNICAL ANALYSIS COURTESY OF CANTOR INDEX

4 mins. to read

In our last couple of reports we felt that the FTSE was looking solid in the near term trading range, red region. However we can see that both in the FTSE chart above and in the US daily charts below that the international markets have broken down in recent weeks, green region. This nervousness has…

MARKET NEWS ROUND UP, UPGRADES & DOWNGRADES COURTESY OF CANTOR INDEX

MARKET NEWS ROUND UP, UPGRADES & DOWNGRADES COURTESY OF CANTOR INDEX

6 mins. to read

The FTSE is called to open down 10 this morning       UK Corporate Announcements Halfords announces an H1 gross profit of £246.3m with H1 group revenues up 0.4% to £455.6m and maintains its outlook Intermediate Capital announces assets under management of €12.1bn up 6% from the end of the year Qinetiq details H1…

quote of the day – “You gotta a love analysts. Ever since I can remember, there is one thing I have noticed when reading analyst reports: They are way behind the curve, compared to the market!”

quote of the day – “You gotta a love analysts. Ever since I can remember, there is one thing I have noticed when reading analyst reports: They are way behind the curve, compared to the market!”

0 mins. to read

I have yet to read an analyst report (and I have read several thousand) that makes some kind of prediction based on data and assumptions as to where a stock might be several months in the future. For the most part, analyst reports simply reaffirm today’s stock price and nothing else. Yes I’m talking about…

Xcite Energy share overhang clears as Global Resource exits

Xcite Energy share overhang clears as Global Resource exits

0 mins. to read

A 9% rise in Xcite shares today to just over £1 after the news at 2.30pm that “Xcite Energy has received notification that Global Resource Funding Partners LLC no longer has a shareholding in the Company.” Surprising that they have decided to exit before the forthcoming news on a farm out and potential reserves upgrade…

Euro technical analysis courtesy of Cantor Index

Euro technical analysis courtesy of Cantor Index

2 mins. to read

For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Tues 20 Nov 2012 The euro monthly chart above shows how the currency has had a relatively strong performance over the past 10 years despite the wider concerns on Greece, Portugal and Spain. Retracement levels can often prove useful in…

French downgrade tempers mood

French downgrade tempers mood

1 mins. to read

After yesterday’s 2.4% increase in the FTSE 100 and 2% rise in the S&P 500 on hopes that a solution to the U.S. fiscal cliff might be found between President Obama and lawmakers on Capitol Hill, the markets have been knocked down a little by a French sovereign debt downgrade. Moody’s has stripped France of…

Market news round up, upgrades & downgrades courtesy of Cantor Index

Market news round up, upgrades & downgrades courtesy of Cantor Index

6 mins. to read

For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Tuesday, November 20, 2012 UK Corporate Announcements Paragon reports a full year pre-tax profit of £95.5m from £80.8m and that it remains well funded to support further development and that its buy to let and portfolio units have grown strongly…