We cover ENRC extensively in the latest edition of our magazne on page 25 (Link – http://issuu.com/spreadbetmagazine/docs/spreadbet-magazine-v9_generic) in which we suggested the shares worthy of consideration for purchase as part of a mining portfolio at the 330p level. Below is the chart of the stock over the last 6 months and it looks to us…
After last nights dramatic and unexpected Ryder Cup victory by Europe at Medina against all the odds by José María Olazábal’s team, Tesco’s CEO Philip Clarke must be hoping he has engineered a similar turn around at Tesco. The UK’s biggest retailer announces its interim results on October 3rd after the shock profits warning back…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Monday, October 1, 2012 UK Reporting:- Astrazeneca Plc, AZN, (Pr), City Of London Investment Gr, CLIG, Glaxosmithkline Plc, GSK, Glencore International Plc, GLEN, (Oth), Wood Group (John) Plc, WG, (SM), Pantheon Intl Particip-Ord, PIN, e, (CC), Xstrata Plc, XTA, (Oth) S&P…
We have continued to note the huge short position in theUS market and whic represents potential support if those bears look to bail on their losing bets. Take a look at the chart below and you will see that the collective short position on the S&P 500 has continued to increase. This is likely being…
After weeks of social unrest, government meetings, EU threats, and analyst comments, the Spanish Government headed by Mariano Rajoy finally announced new fiscal tightening measures to be applied during the next year in a desperate attempt to reduce the nation’s public debt to sustainable levels. The austerity measures will most certainly hit the Spanish economy,…
Euro/Dollar Betting against the euro seems like the type of thing everybody has been up to, but few have been as successful as the big boys wagering with IG Index. The favoured bet among these punters has been in the euro/dollar markets, where the euro has fallen dramatically from $1.45 to $1.25 in the past…
Last week, Martin Wheatley at the FSA was asked to make a pretty rushed judgement on the British Bankers Association ‘s(BBA) setting of the LIBOR rate. As we all know, this is a key rate, less important than it used to be sure, but still key to setting long-term mortgages and bond prices as well…
BlackBerry maker, Research in Motion (RIM), surprised on the upside after the Wall Street close Thursday, driving the shares up 20% to $8.60 in after hours trading as poor results turned out to be less bad than expected. Earlier in the week the shares hit an all time low of $6.22 on renewed network issues,…
The land of the rising sun, Japan, seems to be waiting for eternally elusive signs of economic sunshine right now with plenty of worrying data emerging in the last few days. After a 0.7% growth print in Japan’s second quarter GDP, driven by Tsunami reconstruction spending, concerns are mounting about the health of the economy. Japanese…
