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When others are fearful……

When others are fearful……

2 mins. to read

I’ve been adding some choice AIM oil and gas stocks to my account today….Chariot, Bowleven, Gulf Keystone. For a medium term view plenty of value to be had for those with patience. When everyone else is selling, particularly on forced margin selling, this is the time to be buying. Its a blood bath out there…

The bear argument to SBM’s Rimm Conviction Buy call.

The bear argument to SBM’s Rimm Conviction Buy call.

3 mins. to read

From todays CNN site – “It’s hard to find a stock that is hated more on Wall Street — and, for that matter, on Bay Street in Toronto — than Research in Motion. Shares of the Waterloo, Ontario-based maker of the BlackBerry phone and PlayBook tablet are down nearly 20% this year. That follows a…

long position opened in Man Group

long position opened in Man Group

0 mins. to read

The chart below looks excessively oversold to me and so I have opened a position on the long side in Man Group today noting that Carlson Group have declared an opening short position of 0.3% of Man’s shares this morning. SBM v Carlson! Here’s the link to our feature on Man Group in the opening…

Major markets shrug off Greek and French election results

Major markets shrug off Greek and French election results

1 mins. to read

With the UK markets closed, the focus of attention was the European and US exchanges yesterday after the election results in Greece and France over the weekend. After a weak start, US markets recovered, with the S&P 500 flat on the day at 1,370 and the Dow down 30 points to 13,009. French stocks initially…

S&P 500 TO MAKE IT A HAT TRICK OF SUMMER WASHOUTS?

S&P 500 TO MAKE IT A HAT TRICK OF SUMMER WASHOUTS?

0 mins. to read

Interesting chart above that’s doing the rounds today on various financial sites. I can’t help but thinking however that it won’t be 3 in a row…. Another print in the Put:Call ratio above 1 today – 2 in 3 days – very rare. The ol stomach’s getting the feeling a rallys afoot…

“Mystery broker’s” take on where we are in the markets…

“Mystery broker’s” take on where we are in the markets…

2 mins. to read

Q: Will the markets continue to be slowed by the muddy track of the past month, when the investment weather turned less friendly? Or will they regain their footing to reaccelerate in the second half of the year, again confounding the gloom merchants, who keep repeating the looming risks that are both real and well understood?…

Kuwaiti’s pull out of Ithaca Energy takeover but what of other bids?

Kuwaiti’s pull out of Ithaca Energy takeover but what of other bids?

1 mins. to read

According to newspaper reports in the Kuwait al-Seyassah newspaper, the Kuwaiti national oil company has pulled out of talks with North Sea focused and Canadian TSX/UK AIM listed oil company Ithaca Energy. The company’s RNS in March stated they were in discussion with several bona fide bidders presumably including the Kuwaiti’s. So what now for…