On June 23, the UK voted to leave the EU. After years of campaigning and debates that transcended party politics, the UK is setting out alone. What this means for all involved remains to be seen. There are a few short-term implications, however, that we can bring in to play from an operational trading perspective.…
To coin a term I picked up before the EU Referendum, I am suffering from a degree of Brexhaustion, and therefore it seems wise not to pour oil on troubled waters. Rather, I’ll take a look at the oil & gas sector and a possible opportunity there… Cairn Energy (CNE): Break of 50 Day Line…
The FTSE 100 is back in the black, and doing so in style. Cynics such as myself would put this down to the penny dropping there will either be no Brexit, or that it simply won’t happen for a long time. Boris Johnson only campaigned for Leave in order to remove David Cameron, and Free…
Investing in the UK Pre and Post Brexit At 04:39 on Friday, 24 June David Dimbleby announced that the BBC forecast was that REMAIN could not now win. Cut to a beaming Nigel Farage at a party somewhere talking about the British people getting their country back. As the enormity of the news sunk in,…
The Project Fear strategy may have been the reason that Remain failed, but so far it was spot on as far as Sterling collapsing is concerned. That said, the “Pound in our Pocket” tanking will only have positive effects on the economy and may even prevent a recession… Pound/Euro: Below €1.20 Risks €1.12 Anyone who…
There was some interesting research published recently about the relative performance of shares and cash. Paul Lewis, the presenter of Radio 4’s Moneybox programme, compared the returns from a FTSE 100 tracker fund with the interest you could get by investing in the ‘best buy’ one year savings bonds. The traditional view is that the…
Time to wheel on the tumbrels: We can stick the lead traitors such as Cameron and Carney in the back and cart them off to Tower Hill. But there is a long, long list of collaborators. Me? I’ll be a tricoteuse. Boris seems to be a certainty to emerge as the next prime minister but…
Brexhausted! I’m now back in Spain after being in the UK on the day of and the morning after the referendum. Wow – what a result! I went to the area just outside Parliament where the TV and radio stations had set up and had been broadcasting all night till the morning of June 24th.…
FTSE 100 Stocks Barratt Developments (BDEV): Initial Rebound Prospects It is interesting that even though the housebuilders have enjoyed the benefits of zero interest rates and capital flight from the bust EU and elsewhere, the Brexit has really given them a painful initial mark down. This is surprising given the way that there is little…
On a day of shock, surprise, and perhaps for some, horror, on the stock market there was a golden performer. This came in the form of West Africa focused mining play Randgold Resources, one of the most consistent and impressive gold miners on the UK market. The initial mark up here was by over a…
