For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. 30 Oct 2012 UK Corporate Announcements Standard Chartered states it has shown a strong performance in Q3, but stays cautious on the macro economic outlook BP announces a Q3 pre-tax profit of $5.43bn up from $5.04bn and lifts its quarterly dividend by…
Despite the best efforts of many “anal”ysts and hedge funds (given the very large short position there currently is in the stock) to push Lonmins shares decisively lower in the last several weeks, it is intriguing to me that the stock price seem to be hugging the 500p firmly (see 10 day chart below). There…
We have played ENRC twice now on the following dates and have made good money on boTH occassions, despite being stopped out on the balance positions. ENRC – Trading Buy @ 316p – 29 Aug 2012. Half position sold @ 354p – 14 Sep 2012. Stopped out of balance @ 330p – 24 Sep 2012. …
For shareholders in Kurdistan oil explorer, Gulf Keystone Petroleum (GKP), nerves were somewhat frayed last week with the shares dropping to185p on Thursday as the 12 week court battle with Rex Wempen and Excalibur Ventures kicks off. Wempen is claiming that GKP’s Todd Kozel conned him out of a $900 million stake in the giant…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Monday, October 29, 2012 UK Reporting:- Arm Holdings Plc, ARM, (SM), City Of London Investment Tr, CTY, (SM), Glaxosmithkline Plc, GSK, (Pr), Perform Group Plc, PER, (R), Perform Group Plc, PER, (R), Perform Group Plc, PER, (R), Perform Group Plc, PER,…
S&P to drop 14%… China misses earnings… VIX at a 4 month high… Greek deadline Sunday eve…Spanish bailout woes… the list of bear stories on Friday was seemingly endless. Packaged with all pervading negative sentiment, as detailed in the blog here –http://www.spreadbetmagazine.com/blog/safe-to-go-back-in-the-water.html and heavy oversold readings on the major markets (ex Japan which is our top pick and continues…
Since the arrival of our fourth and almost certainly last child on September 20, I do not think that there has been one night where I have had a decent amount of sleep. But of course, been the positive kind of guy I am, I have decided to turn this to my advantage and rather…
Looking at the economic data for Greece over the last few years, it is shocking to say and a tragedy for the Greek people, but it now resembles the Great Depression of 1929-33 in the US. Unemployment has skyrocketed, GDP decreased substantially and the stock market has been decimated. Along the way, social unrest has…
Apple yesterday disappointed investors with weaker than expected fourth fiscal quarter earnings, despite a 24% year on year increase, due to the impact of delayed purchases of iPhones and iPads ahead of new launches and also higher manufacturing costs. Apple’s shares finished down 1.2% at $609.5 in normal trading, and initially moved lower in…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. 26 October 2012 UK Corporate Announcements African Barrick reports Q3 results sales of $265m down from $354m and net income of $29m and sees full year production under the lower end of the expected range Elementis states that it sees many opportunities…
