As seen in the January edition of Master Investor Magazine. 2016, The Year of the Monkey, will be a capricious, unusually nervous year, full of danger and foreboding, not just confined to the financial markets. As ever, nothing is foretold, and no outcome is inevitable. Most people have little concept of how much their lives…
FTSE 100 Stocks HSBC (HSBA): Exposure to “Submerging Markets” Having missed out on the worst of the effects of the Global Financial Crisis, HSBC has gone from being the exception that proves the rule as far as the UK banking sector is concerned, to being on the back foot almost as much as the worst…
Today’s Daily Mail features the rumour that Amazon will tie up and/or bid for Ocado (OCDO). I sold short again in the opening auction at 252p and OCDO is now 287p. I cannot for the life of me see why Amazon would be even slightly interested in this proposition. ***** I have gone long oil (at…
BHP Billiton (BLT): possible wedge reversal to 700p zone While looking for a floor in shares of BHP Billiton has been neither a wise nor a fruitful exercise in the recent past, it may be that after the latest writedown and the fresh lows on the FTSE 100 we have a bona fide bargain hunting…
As seen in the January edition of Master Investor Magazine. By Carl Shave of Just Mortgage Brokers Buy-to-let landlords are set to endure a tougher time obtaining a mortgage in the coming months. Following repeated warnings from the Bank of England’s financial policy committee, the Treasury is preparing to hand greater powers to the Bank…
Currently two weeks into a self-imposed January booze ban my newly refreshed brain got thinking about the economic impact caused by the many drinkers who abstain from alcohol at this time of year. “Dry January”, as it is commonly known, is in fact a relatively recent phenomenon, with the trademark being registered by the charity…
Master Investor was given permission to re-publish this missive from Alan Steel of Alan Steel Asset Management. Alan will be speaking at Master Investor 2016 in what (judging from this article) promises to be a standout performance. Click HERE to book your complimentary free tickets using the discount code “MI2016”. “Under Pressure? Pressure pushing down…
The Ghost of Christmas Past I see that a year ago my note on Tesco contained the following observation: “Cutting the dividend has helped to push the share price northwards. That is because the market clearly sees it as a welcome sign of balance and better judgement by the new Tesco management in setting priorities.…
There are many sayings in the financial markets regarding calendar effects. Some say “sell in May and go away”; others say “as goes January, so goes the rest of the year”. Both sayings are based on persistent performance anomalies that were uncovered by traders and confirmed by researchers. Today I’m going to test another calendar…
“On a typical day, one billion people around the world eat chocolate” – in “A taste of the future”, KPMG June 2014 Financial news has recently been dominated by the epic crash that is haunting the oil market. What at first seemed like good news for consumers is now turning into a nightmare from which…
