Market Direction: Above $1.40 Targets Back Towards $1.45 for Cable BT Group (BT.A): Bear Trap Reversal Leads to 530p BT Group is a stock I have been stalking for a number of days, and had meant to write up mid week last week. It is perhaps just as well that I did not, given the…
I shorted Petroceltic at 18p. It was not easy to borrow stock – I had to pay 5% p.a. Some may think this foolish in the light of the extraordinarily improved price of oil and the bid approach from Worldview, who already hold 29.9%. But the fact is that although the debt due under its…
Market Position: Below $1.0828 for Euro / Dollar Risks Under $1.06 BG Group (BG.): Still Boosted by Shell I do not think I have charted shares of BG Group since the announcement last year that it was to receive salvation from fellow sector giant Royal Dutch Shell (RDSB). Unfortunately, the problem with almost any M&A…
In my last post I looked at the Dow Jones. The US economy and markets are stronger than the UK. The important thing about the market there is that it has not reached the level to be termed a Bear Market. The FTSE 100, however, has. It pushed through that level and closed below it…
As seen in the January edition of Master Investor Magazine. A collapsing oil price, the conflict in Syria, and the advance of ISIS don’t exactly make for an inspiring story to invest in the Middle East. Yet times of crisis offer the biggest opportunities. What if the war in Syria came to an end in…
Pantheon (PANR) this morning sort of explained current delays. Now 86p, it might yet prove very cheap. ***** Foxtons (FOXT) keep on buying back their stock. This is weird given its loss-making prospects. The same goes for Mitie (MTO). ***** My long oil trade has started to go the right way. It was showing a…
As seen in the January edition of Master Investor Magazine. At this time of year the financial press is always littered with predictions about which areas of the market are going to produce the best returns. It can be interesting and instructive to look at the different views, but it’s important to remember that nobody…
The ECB has kept its key rates and asset purchasing programme unchanged while Mario Draghi promised investors there’s more to come in the near future. A dovish Draghi is keeping investors entertained while buying him some time to convince the other committee members to extend the current asset purchase programme. If he doesn’t deliver there…
Current mid price: 9.0p Market Cap: £168m Possible yield: 9.0% If, in the present environment, we were to point to a producing gold miner paying a secure looking more 6%+ historic yield, with every prospect of useful medium-term capital appreciation and a higher yield, you might say “pull the other one”. But with UK-listed South…
Market Position: Gold Above $1075 Targets $1150 Pantheon Resources (PANR): Risk of Further Correction Pantheon Resources was certainly the exception that proved the rule as far as oil & gas stocks being in the doghouse off the back of the plunging Crude Oil price. The big pitch for bulls of this company was and is…
