It is not always wise to follow every heartbeat of a stock or market you may be interested in. But in the case of Sound Energy, this may be the correct thing to do. There is little doubt that Sound Energy (LON:SOU) has been one of the stocks of the year amongst the bulls, and…
Risks in the international financial system have been rising for a while. In recent months bank valuations and some credit default swaps (CDSs – the rates at which banks insure each other) for European banks have reached levels not even seen during the Credit Crunch of 2008. Brexit has created a climate of uncertainty –…
The slings and arrows of outrageous fortune: I won £80,000 on Almandin last Tuesday in the Melbourne Cup but had lost £20,000 of that by COB Friday. However, by around 4.20 p.m. on Saturday I had lost a further £20,000. Not good. And then I won £60,000 in no less than three major fluke football…
I was reminded of Paddy Power Betfair (LON:PPB), not only on the basis that we are seeing much more volatility and interesting financial markets, but that we are also in the run up to a big political decision in the US. The last time the bookies made a market on that – Brexit – they…
Shares in Sirius Minerals have rightly suffered a major pullback over the past few days, and many private-investor enthusiasts for the stock have been badly burned. The trouble with Sirius is that there is a lot of questionable analysis out there in the public domain right now. Here’s my attempt at setting the record straight……
It would appear that there are multiple factors affecting mining giant Randgold Resources, over and above it being the FTSE 100’s favourite gold price proxy. Indeed, one of the highlights of the stock market the morning after the Brexit Referendum vote on June 24 was the rocketing price of Randgold Resources shares. Thankfully, for the…
Since BHP Billiton (LON:BLT) relies on its oil division for 29.6% of its EBITDA, the uncertain outlook for oil leaves me negative on its medium-term future. Hopes were raised regarding the oil price last month when OPEC declared that it had struck a deal to freeze output. Brent rallied in the aftermath and many investors…
It would appear that the market was loath to let G4S off for its historical mishaps on the fundamental front, with this misery reaching its peak at the time of the London Olympics in 2012. However, from a charting perspective at least, it would appear that things are looking up. It can be seen from…
I had a very interesting conversation with David Cowen, FD of Molins (LON:MLIN), yesterday. For as readers may recall I have begun seriously to doubt the widespread reports that company after company is insolvent because of deficits in their pension funds. I am certainly not an actuary but in essence computation of a surplus or…
The US dollar may be near recent highs on speculation that there will be an interest rate hike in December. However, the gold mining minnows continue to be robust. This is all the more telling given that stocks led the commodities both on the way up to the 2011 peaks, and on the way down…
