ShareSoc is an organisation that promotes the interests of private investors. You might ask why it is needed given that institutional investors are the ones who dominate the stock market. Alternatively, you may observe that private investors are fully serviced by their stockbrokers (or investment “platforms” as some like to call themselves now). Unfortunately the…
A case study module in comparative economics for Trump University (deceased.) As imagined by Robert Sutherland Smith. George, Gideon Osborne of this parish is a dude that pursues bad economics; or so we are told by the famous Ernst and Young Item Club of economic forecasters. That is no exciting, left wing, “pinko” outfit but a…
What a week last week was. The Tories voted to cut disability benefits by £30/week, yet the back bench revolt prevents the liberalising of Sunday trading hours because apparently, in the House of Commons at least, it’s still 1950. To be fair it’s Labour that has the Keep Sunday Difficult campaign. Make Sunday a day…
Market Direction: Sterling / Dollar Above $1.42 Targets $1.46 Aberdeen Asset Management (ADN): November Price Channel Target At 380p While the FTSE 100 seems to be somewhat bogged down under 6,200 – presumably pausing given the event risk this week on the economic / central bank front, it seems to be the case that there…
The recent market volatility has vividly highlighted the risks associated with mainstream equity funds. In the first few weeks of the year the FTSE 100 index lost more than 9% of its value and although it has since recovered not everyone is comfortable with these sorts of fluctuations in their wealth. Risk averse investors who…
I had no sooner attended the chairman’s lunch on Friday and wended my way back to my desk than I learnt that not merely had my bear selection for 2016, Wirecard (WDI on Frankfurt), gone up 5% in my absence but that an email, purportedly sent by a staff member at ZatarraResearch.com (the cause of…
Market Direction: S&P 500 Above 200 Day Line Targets 2,100 BAE Systems (BA.): 560p June Price Channel Target I have to say that I find it interesting how day in, day out, BAE Systems is one of the most looked at share price quotes on the London Stock Exchange. This is over and above the…
Some sales people came to my door once when I was having a party. They had clipboards and I’ve no idea what they were selling. I only opened the door because I was expecting people. “I hope we’re not interrupting your evening”, said one of them with a big salesy smile on. “Don’t worry, you’re…
“Oh Granny, what big ears you’ve got!” said Little Red Riding Hood. And the wolf replied “All the better to hear you with, my dear!” Then she said “Oh Granny, what big teeth you’ve got! And the wolf replied “All the better to eat you with, my dear!” …
Market Position: Euro / Dollar Above $1.1050 Targets $1.14 Randgold Resources (RRS): Above 6,000p Targets 7,300p There are likely to be few who disagree with the idea that shares of Randgold Resources have been one of the few real highlights to date among stocks which have not been involved in M&A so far this year.…
