Punters favourite XEL (and a Conviction Buy recommendation of ours) continues to generate investor interest during the last few days with the stock sharply outperforming the AIM Oil & Gas sector and the wider market, even in the face of a falling oil price. Mmmm.. The chart below shows the price action over the last…
From the utter disaster that was JJB, the following caught my eye today from some poor punter who it seems held out to the very end – “JJB waste of space well well well, my fingers have been well and truly burnt here. never again am i going to listen to any bulletin board and get sucked…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. UK Corporate Announcements Wolseley announces full year revenues of £12.7bn from £12.06bn and announces a trading profit of £658m from £596m, ahead of the forecasts and proposes a £350m special dividend Babcock International states that it remains confident that it will meet…
FTSE 100, Daily, Candle Last week we felt that the FTSE was looking solid in the near term trading range, red region, and that buyers could materialise at the low levels of last week, instead we have seen how the index continued the near term weakness and moved down to the lower end of the…
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,…
