This magazine, as regular readers will know, believes that the AIM Oil & Gas arena is in the latter stages of a bear market/the embryonic stages of a bull run – one that will be peppered with corporate takeover activity over the ensuing months. Such are the valuations on many of these stocks, particularly those…
UK Corporate Announcements London Stock Exchange announces Q1 total revenues of £179m up 10% and states that market conditions have remained weak and that it expects the summer period to be quiet Speedy Hire states that Q1 has been in line with expectations and that the full year had started satisfactorily Land Securities states that it sees progress…
Investors have been desperately hoping for positivity in Bernanke’s recent comments, poring day over day, meeting over meeting, month over month for clues to QE3. Last week, on Wednesday, everyone was anxiously waiting for the FOMC minutes in order to search for these clues that could give the slightest idea QE3 was imminent. Unfortunately for…
The main take-away message from today’s release of US retail sales is that they have shown their longest losing streak (declines) since late 2008, at the centre of the financial crisis.But we must also note that US retail sector jobs have tended to peak out before the top in retail sales in the last two…
And so to Part 2 of my “fiscal cliff” feature. What’s a “fiscal cliff”? If you’re not sure, all is about to be made clear. But first… a reminder of what I wrote about last week. The idea was to set the scene for what might happen at the end of this year by reminding…
Although I am following a London Stone Trading strategy for the Daily Time Frames that I am involved in, I am keen to put in some work to find a way to mitigate the losses when I get a false signal or when the market conditions change. I had a feeling that the EUR/USD would…
The price action above needs no explanation from technicians needless to say it is a bullish signal. We have taken a small long position at 1.2240 – targetting 1.24 in the coming days.
FTSE 100, Daily The FTSE over the past week has traded down to the lower end of the trading range we highlighted a week or two ago. So the price action so far has behaved largely as expected. The question for the week ahead is whether the buyers will now re-emerge? The index has seemed…
Another day in AIM oil and gas, announcing poor funding deals or even lack of deals! This time around its Sound Oil and Max Petroleum. Italian and Indonesian focused oil explorer, Sound Oil, today announced a private placement and open offer through Astin Capital Management Ltd. The Company is issuing another whopping 774,341,464 new shares in exchange…
What do The Beatles have to do with the stock market? Everything, says Robert R. Prechter, Jr., one of America’s leading stock market analysts and founder of Elliott Wave International, the world’s largest market forecasting firm. Prechter has developed a new theory of social causality called socionomics. It postulates that waves of social mood regulate…
