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LGO Energy: Technical target points towards 0.25p

LGO Energy: Technical target points towards 0.25p

1 mins. to read

It may just be the spirit of Christmas, and it may not last. But it does feel like some of the former Bulletin Board Heroes such as Cloudtag and Amur Minerals are back in business to end 2016. LGO Energy (LON:LGO) was the company that got me started in small caps charting some three years…

Risky times call for a low risk stock

Risky times call for a low risk stock

5 mins. to read

Looking ahead to 2017, it feels as though there are a number of major risks facing investors. In fact, it is difficult to think of a more uncertain time since the credit crunch. The ‘no’ vote in the Italian referendum is but the latest challenge facing investors. Depending on who succeeds the now former Prime…

Plus500 shares reach notional charting support towards 300p

Plus500 shares reach notional charting support towards 300p

1 mins. to read

I have to confess that I really enjoyed the time when Vince Cable was the Business Secretary as I could refer to him as the Anti-Business Tsar. The FCA remind us how they are the Business Prevention Authority, and seemingly have the remit of undermining the City of London. One of my immediate thoughts in…

The end of globalisation
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The end of globalisation

1 mins. to read

2016 will go down in the annals of history as the year that the world changed course. Hitherto, since the 1970s, the main theme of global economic development was globalisation – the idea that international borders were inimical to economic development; that tariff-free trade went hand in hand with the free flows of goods, capital…

The FCA’s spreadbetting shake-up is long overdue

The FCA’s spreadbetting shake-up is long overdue

6 mins. to read

Initially this morning, I saw Plus500 (LON:PLUS) collapse. The accompanying RNS covered a disposal of 6m+ shares by JP Morgan. This struck me as strange given that the underlying trade seemed unaffected. However, a few minutes later it transpired that IG (LON:IGG) itself along with CMC Markets (LON:CMCX) had collapsed by roughly the same percentage.…

Earthquake in Italy: European banks tremble

Earthquake in Italy: European banks tremble

8 mins. to read

Another vote, another shock Yesterday, Italy became the most recent domino to fall in the global populist revolution about which I wrote in this month’s MI magazine. If Mr Cameron (score: 48 percent) resigned at half past eight in the morning, Signor Renzi, the Italian Prime Minister (score: 40 percent) resigned at midnight. He had…

InterQuest: Bear trap gap fill reversal points towards 60p

InterQuest: Bear trap gap fill reversal points towards 60p

1 mins. to read

Given that I seem to be interviewing high profile investor Jim Mellon every other week, it would appear churlish not to look at InterQuest (ITQ) and his increased stake in the specialist recruitment group. I presume Jim Mellon did not make his millions from studying charts. However, it could be argued Mr Mellon behaved as a chartist…

Amur Minerals: ‘Golden cross’ buy signal approaching

Amur Minerals: ‘Golden cross’ buy signal approaching

1 mins. to read

Amur Minerals (LON:AMC) was a hero stock for private investors in the first half of last year, moving from below 10p to over 40p in ultra quick time. They will be hoping that history repeats itself going into 2017. I interviewed Robin Young, the CEO of Amur Minerals, a month ago, and he stated that…

Spifflicated at Richmond

Spifflicated at Richmond

1 mins. to read

I got spifflicated at Richmond. I only note it by way of completeness. However, we can all make mistakes as did for instance HH Munro, who wrote as Saki (if you have not read his stuff you have missed out) who found himself in 1916 instructing some soldier to “put that bloody cigarette out”. For…