I remember a joke from the ‘80s that went along the lines of: “Why don’t pixies get pregnant? Because they only go to goblin parties.” I mention that now as there is going to be a goblin coffee shop in Paddington. The Fellatio Café will open in Praed St it seems, and will be using…
Next (LON:NXT) at 5,250p, after the second-quarter trading statement, looks lowly rated, both absolutely and historically, and provides an excellent vehicle to ride the sentiment effect of a Gordon Brown-like stimulation of the economy – successfully achieved in 2010 when the UK economy began growing again despite the alarming impact of a world banking crisis. There are…
Inmarsat, the mobile satellite services group, seems to be rather less space age at the moment than one might have expected on the fundamental front. But at least from a technical perspective it would appear the stock is ready to head to the upper reaches of the stratosphere. Inmarsat (LON:ISAT): Robust Chart Setup Ironically, it…
The greatest technological leap forward for humanity in the second quarter of the 21st Century will be Quantum Computing (QC). It will accelerate computer processing speeds beyond our imagination. It’s a weird world; and yet the first QC inspired computers are already working on problems of mind-boggling complexity. Quantum Theory was formulated in Europe in…
Rather infuriatingly for bears of the banking sector, it would appear that good news is great news (in share price terms) and bad news is good news. So being short of the key protagonists is a difficult affair. This has been illustrated in the wake of the latest update from HSBC. HSBC Holdings (HSBA): Key…
So here we are again at a junction where policymakers have only two choices: one leads to a merry-go-round that ends and starts at the exact same point; the other leads to a dead-end, forcing a return to the departure point. This has been the choice faced by policymakers over the last few years and…
Readers will recall comments made here a few months ago concerning Tom Hayes, who is in jail pursuant to his Libor-rigging trial. He suffers from Asperger’s (a condition which itself raises questions) but is assisted by his wife, Sarah, who is clearly a brick. In today’s Times he writes an open letter to Harry (Wilson,…
From my perspective, cars are money losing machines, magnets to a whole array of legal infringements, and a great source of pollution and ill health to boot. Yet the car culture rolls on, and people appear blind to the costs. This is great for the likes of motor insurer Admiral Group. Admiral Group (ADM): Broadening…
Equity funds domiciled in the UK and mainland Europe have suffered their biggest client outflows for almost five years. The data compiled by Morningstar suggests that Brexit was the biggest shock to investor confidence since the Eurozone crisis in the summer of 2011. The figures from the Investment Association are even more dramatic with retail…
Given that shares of Anglo American have been one of the best recovery situations on the London market for the year to date, it seems almost churlish to look for more upside, but it could very well be the case that this is the correct thing to do. Anglo American (AAL): Upside towards 1,000p Plus…
