Avocet Mining AIM:AVM 209m shares in issue Back in 2011 when I was contributing to a mining broker’s newsletter – the only one still publishing as the sector set itself up for the second mother of all slumps in only three years – I twice recommended selling Avocet Mining at over 200p. That was when…
Market Direction: Sterling/Dollar Initial $1.45 Zone Support BT Group (BT.A): Island Reversal One of the plus points of keeping a regular eye out on the more popular FTSE 100 stocks is the way that one gets hints from the charting configuration to build up a greater idea than most of what is going on. This…
Apparently, Wirecard (WDI on Frankfurt) recruited to head their Far Eastern operations one Robert Frank Lock who spent time at the Bangkok Hilton having dealt in heroin. The allusion to the Bangkok Hilton refers to Bangkok’s principal jail, Bang Kwang. This is an odd background for recruitment purposes. Check it out yourself on Youtube. They…
Market Direction: Dollar / Yen Initial Support towards 105 BAE Systems (BA.): A Trump Play? Of course, one of the keys of trading or investing in a technical way, or even otherwise, is to be aware of the ranges a stock or market may have. This is very much what we have in mind at…
Given markets spend more time going up than down, once a bull market is established nay-sayers start to creep out of the woodwork and there’s continually more and more talk of market failure, and statistically, sooner or later, it’ll be right. Of course, if that’s simply based on the same sort of ‘finger in the…
I’m a typical London professional. I have a small portfolio in stocks, mutual funds and start-ups, not unlike many other London professionals. After launching my own fintech start-up, CityFALCON, I’ve had less cash on hand to invest in any assets. Despite this, every year I invest in a few start-ups. I don’t do this through…
Something rather interesting seems to have happened at Proxama (PROX), even though it cannot be given a cash value by the average investor. PROX today announces that it enables local beacons to offer advertising material on smartphones operated by travellers in the immediate vicinity. Astonishingly the click-through rate is not the expected 1-2% but as…
In the wake of the BHS and Austin Reed collapse, who else could be in line for failure? BHS should probably have gone bust in 2008/9, but low interest rates have allowed zombie companies to thrive, or at least give the impression of thriving, and this in turn has cost us a lot of start-ups…
Market Direction: WTI Crude above $42 Points to $48 Fresnillo (FRES): 1,320p 2015 Price Channel Target To use the old futures markets term, it can very well be said that the FTSE 100 contingent of the mining sector has been and remains in “limit up” mode. This is certainly seen on the daily chart of…
The fall of BHS has triggered an almost hysterical reaction amongst the leftist commentariat, not because they ever shopped there (they go to Zara and Gap), but because they think it provides first-hand evidence of how the system leaves honest occupational pension scheme members in the lurch. I don’t know how many times the figure…
