As seen in the lastest issue of Master Investor Magazine I’m writing this on American Airlines flight from LAX to London; and the amazing thing is, I will be sending it by email from the plane to the Editor of this magazine in about an hour or so. There has been internet on US domestic…
Market Direction: Sterling/Dollar Accumulation Zone towards $1.44 Antofagasta (ANTO): Likely Bear Trap It has not exactly been a pleasant month to date for many holding mining stocks, and some of the gloss of the early 2016 revival has come off many plays. We also have to cope with the “Sell in May” issue as well.…
In the last blog post, I wrote about how the most precarious part of trading is similar to flying: take-off and landing. In that post I looked at entering a trade; in this post I shall examine exiting, or managing a trade. First off, quite obviously if your trade is losing money and has hit…
If you think the forthcoming mega-bailout of Italy is nothing to do with us, Mr Cameron, think again… Mr Cameron seems to think that the United Kingdom, as an EU state outside the Eurozone, would not have to cough up if there were another round of bailouts in the Eurozone periphery. In particular, the financial…
At 3,783p a share, Imperial Brands offers an estimated strongly increasing dividend payout, giving an equally attractive estimated dividend yield for this year and next. The business Imperial Tobacco is no more: it is now known by the less pejorative and much blander name of Imperial Brands (IMB); its share price mnemonic has changed…
Market Direction: Dollar/Yen Rebound towards 111 Barclays (BARC): Possible Support Zone The current technical position on the daily chart of Barclays is interesting in the sense that we are on something of a knife edge regarding the technicals. This is said on the basis that while there is a higher low for the start of…
Trade management is a bit like flying. Things mostly go wrong on take-off or landing. To some extent opening a trade is less problematic. After all, you don’t actually have to make a decision at all. If you don’t then nothing happens: you simply miss the trade. Exiting a trade is the more critical because…
One by one, for whatever reason, companies are packing it in on AIM. They have had enough of the cost and, above all, they note that the investing public has lost interest and is in practice still losing interest. The effect of the delisting is that typically punters are left with no market by which…
As I have been telling anyone that I can buttonhole at drinks parties for some time, we are living in the age of Alice in Wonderland Economics. Alice in Wonderland Economics is the weird world where investors, such as pension funds, pay to lend to governments which are crippled by debt. (Germany, Japan, Denmark and…
Over the last few months we have witnessed a series of presidential primary elections and caucuses to determine which candidates will represent the Democratic and Republican parties (among others) in the final stages of the US presidential race. The last few months have been not only a time for reflection about economic, political and social…
