Cameron has continued in character by awarding his accomplices resignation honours. One of them has got good legs. The others have not displayed their legs for clearance by me. However, Sir Desmond Swayne MP advises that these honours are a “relatively light way of paying off debts of honour”. But it should be noted that…
FTSE 350 Stocks Domino’s Pizza (LON:DOM): Breakout towards 500p Expected It will be interesting to see how the takeaway food market – and Domino’s Pizza’s position within it – maps out with respect to the Just Eat (LON:JE.) and Deliveroo offerings. In the meantime, it would appear that the stock market is keen on the…
Whether or not you have kids yourself, you almost certainly were one once. Birthday parties were something I looked forward to. You’d have your besties over on yours and hopefully they’d invite you to theirs. I hear that nowadays the PC brigade bullies parents into having their kids invite the whole class to avoid making…
It may be unfair to suggest that the banking sector is effectively a long-term sell, but this does at least explain much of the recent past in terms of the fundamentals, and of course the big bailouts. With this in mind we look at Barclays. Barclays (LON:BARC): Above 20 Day Line Points to 180p In…
GKN at 290p have pulled back a little on the half-year results. If they were to move down towards 260p again they would be attractive on an estimated dividend yield of 3.6 per cent. In the three years to 31st December 2015 (the financial year end) GKN (LON:GKN), the aviation and automotive engineering company, had two structural…
Clearly, the market’s view is that William Hill (WMH) is not going out at 360p. This has enabled me to buy 35,000 at 314p this morning. There must be monopoly enquiry fears if a bidder steps up to the plate and where it is already deeply involved in the British betting business. But there are…
Back in 2014, and mostly due to the slump in oil prices, Russia fell into a downward spiral that saw the value of its currency slashed and its economy enter a recession. Almost two years later, the currency and the stock market market have recovered, but the economy is still underwater, with GDP declining for…
The US Dollar may have pulled back slightly after the latest FOMC meeting, but Dollar earners such as AstraZeneca seem to be rising whatever the greenback does. AstraZeneca (LON:AZN): Technical Target as High as 5,700p Like many a leading UK company which is doing well, I take the view that AstraZeneca could do even better…
Letter to my American friends. The Donald will reach an accommodation with Russia. The alternative could be too awful to contemplate. This thought has momentous importance for investors – and indeed anyone who cares about the future. Now I know many readers may not like Donald Trump, and that he has offended people – women,…
Mystery and the stock market may be two things that go hand in hand for some, but it is usually the case that we have a rational explanation both for sentiment and value. In the case of the recent sell off and rebound for ITV it looks as though the market is reassessing its previous…
