FTSE DAILY CHART In our last report we felt that the FTSE was looking solid in the near term trading range. However we can see in the charts below the US market have posted bearish trading ranges, creating significant headwinds for any UK stock buyers. The Medium term trend has been broken, white line, but…
U.S. focused oil and gas exploration group, Caza Oil and Gas, has been having quite a week. It is up yet another 17% to 13.5p, and so capping a 50% plus rise in less than 7 days! As highlighted by a blog post last week (http://www.spreadbetmagazine.com/blog/caza-oil-and-gas-storms-up-25-on-operational-update.html), the re-rating has been driven by a positive operational…
Interesting RNS this morning that NR Investments (Nathan Rothschild) has presented a letter to the board with an alternative investment proposal to the Bakrie family’s current Long Haul offer:- “NR Investments Letter Bumi plc (“Bumi”) announces that it has received a letter from NR Investments proposing an alternative to the Long Haul proposal published…
While the London stock market itself was moving sideways throughout most of last week, as far as the leading movers amongst the FTSE 350 were concerned, you were spoilt for choice as to action situations to get involved with. What was interesting in terms of both the collapse of BG Group (BG.) shares and of…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Monday, November 5, 2012 UK Reporting:- Astrazeneca Plc, AZN, (Pr), E2V Technologies Plc, E2V, (R), Hiscox Ltd, HSX, (R), Hsbc Holdings Plc, HSBA, (R), Inmarsat Plc, ISAT, e, (CC), Intl Consolidated Airline-Di, IAG, (R), Shire Plc, SHP, (Pr), Telecity Group Plc,…
I have to admit that until very recently, I was rather heavily biased against AIM stocks, a prejudice I have held for many years. But this changed when I realised via the power of Twitter and the people that I follow and recent blogging activities where you can see just how many views your articles…
So we made it through September and October without a crash. This is great news for punters (if not the spreadbet firms!) as statistically, these are the top two months of the year for the markets in terms of crashes across the globe. With so much macro-economic dislocation; the Eurozone crisis, the American fiscal cliff…
Barack Obama is probably going into this weekend as happy and optimistic as he could be given the double boost that Hurricane Sandy and today’s Non Farm payroll figures have given his election hopes. The U.S. Department of Labour said payrolls were up 171,000 in October, a number that beat even the most optimistic expectation.…
A rather flat RNS this morning of Rothschilds being appointed as advisors seems to have moved the stock up 10% in the first few minutes. The real reason is a story posted by Reuters that ol Natty is putting together a consortium to trump the Bakries offer for a part of Bumi Plc – the…
I have always rather fancied myself as being part of the great entertainment industry even though the industry may not feel the same way! Ideally, for someone of my age, being one of the Rat Pack was an attractive concept (more Dean Martin than Sam Davis Jr. mind!). Alternatively, in the world of cinema, then…
