From Dec 2013 – “Top Trade Recommendation Number 4: Long China equities/Short Copper In today’s Global Markets Daily, we introduce our 4th Top Trade Recommendation for 2014: Long China equities via the HSCEI Index vs. a short copper position via Dec 2014 LME futures. Given that the volatilities of these two assets are similar, we…
It would appear that while there may fears in some quarters that the recent stock market rally in the U.S. to record levels is not sustainable, the “new economy2 zone looks to have well & truly decoupled from such trivial matters as fundamental realities… Today we take a look at 3 tech goliath stocks of…
Here at SBM we pride ourselves on the quality of our research, ideas and editorial. Not for us pumping out tip after tip day after day and inevitably homegenising towards the 50% (or less) success ratio. We only write when we have something interesting to say and only work with the best in the industry.…
Risers: Reed Elsevier +0.22% Reed Elsevier has today said it has appointed Centrica PLC’s Nick Luff as their Chief Financial Officer to replace Duncan Palmer who announced his resignation in September 2013. Mr Luff has been the Financial Chief for Centrica since 2007 and is also a Non-Executive Director of Lloyds Banking Group. UK energy…
Asian stocks along with the regional benchmark index declined last night after data showing the US service industry failed to beat forecasts combined with US indices declining for the third consecutive day added to investors New Year worries. Investors appear cautious ahead of the upcoming non-farm employment data due to be released on Friday, which…
1. We experience a Dickensian market with the best of times and the worst of times. The worst comes first as geopolitical problems coupled with euphoric extremes lead to a sharp correction of more than 10%. The best then follows with a move to new highs as the Standard & Poor’s 500 approaches a 20% total…
Sorry about the headline but JUST couldn’t resist! Just whoever it is trying to sit on gold looks to us as if they are about to find out the meaning of the word “pain”. At just after 15:10 on the ISM print somebody took out seemingly the entire bid stack down to $1215 – an…
As I have stated on practically every occasion whenI have charted the banks for Spreadbet Magazine, I am not a big fan of the sector. Perhaps even worse, I remain amazed that the Great British Public remains more concerned about issues such as the EU and immigration rather than how much its very own banking…
Martin Amstrong Martin Armstrong, a well known economist (if not always for the best reasons!), lit the blue touch paper of private wealth security when he published a blog just before Xmas warning about a potential 10% expropriation of individuals savings throughout Europe via a proposed levy applied to everyone’s bank account as long as…
Risers: Centamin +3.55% Mineral exploration company, Centamin, has today released Q4 preliminary production results from its Sukari gold mine. The mine, based in Egypt, produced 97,546 ounces of gold which is a 7% increase on the corresponding year. MTI Wireless Edge +19.30% Antenna system developer and manufacturer, MTI Wireless Edge, has today won a $1.0m…
