Just when they thought it was all over… It looks like the new Non Exec’s at Plus Markets are leaving no stone unturned in the search to get to the bottom of just what on earth the ubiquitous Mr Theret and his merry band of advisers, headed by Mr Anthony Gahan of Wyvern Partners were…
The Metals & Mining ETF (XME) in the US looks poised to continue its resistance breakout with obvious positive conntations for the UK mining sector (that we are very bullish on right now). The chart below shows the XME first broke resistance with a big surge in early September and broken resistance turns into first…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Monday, October 8, 2012 UK Reporting:- Carclo Plc, CAR, (R), Intercontinental Hotels Group Plc, IHG, (SM), Michael Page International Plc, MPI, (R) Economic Data:- 09:30 Eurozone October Sentix, -23.2 previous Economic Events:- Euro Area Finance Ministers Meet in Luxembourg Government Auctions:-…
One of my favourite dramas on television as a child was I Claudius, the story of the Emperor’s of the Roman Empire when it was at its greatest. There was a murder, cruelty, skulduggery, intrigue, incest and debauchery, sometimes even before the opening titles. But, given that that the winners in this particular game of…
Tesco – Getting It Right With a Short This week was something of a first as far as technical analysis and the financial markets are concerned. I do not remember any technical call by an analyst at a major investment house ever being correct. This of course is not an exact science as everyone tends…
It has been reported in the FT and other press during the last 24 hours that numerous parties are poring over the assets of Bumi Resources with a view to piecemeal purchases or an outright bid. Samin Tan is a likely interested party, not least to get his average down in his Group holding having…
Two distinctly unappealing RNS just issued by Worldlink that are likely to give shareholders in the currently suspended Group sleepless nights and looks to be all but a precursor to de-listing – Update on funding Following the announcement by Worldlink Group Plc (“Worldlink” or the “Company”) on 18 July 2012 that Across The Line…
While most equity markets with the exception of certain Southern European markets have recovered exceptionally from the depths plumbed in the 2008 financial crisis, Japanese equities have been the significant underperformer. It seems that the Japanese government and the Bank of Japan (BOJ) are both powerless to stem the stubborn strength of the yen that…
After the infamous May 6, 2010 U.S. “Flash Crash” in which the Dow Jones Industrial Average dropped about 1,000 points or 9% in minutes, only to recover those losses almost immediately, today it was the turn of the Indian stock market to do the same. The Indian market saw its “flash crash” wiped some $60…
