We’ve recently been treated to two mutually exclusive forecasts: that the Great Bull Market will run until 2016 or 2018, so no worries; and that markets are exhibiting bubble-like characteristics that presage another crash. So which forecast is more likely the correct one? Analysts of every stripe—fundamental, quantitative and technical—pump out reams of data and…
This week’s Investor’s Intelligence poll nearly tips over with bulls – the Bulls minus Bears read rising to a nose-bleed 43.9%, the 96th percentile of reads going back to 1972. In fact this measure is the highest since just before the crash of 87… 2 tables will vie for supremacy over the next few weeks. …
After several tumultuous years of political and economic instability, Greece is finally getting back on track, at least according to publicity from the incumbent government over their budget surplus. It seems they are close to balancing public accounts as the budget deficit turned into a primary surplus and revenues, for once, exceeded expenditures, albeit before…
For practitioners of Schadenfreude, seeing high-profile investors losing their shirts is always amusing. But for the true connoisseur, the finest expression of the art comes when a high-profile investor identifies a bubble, perhaps even makes money out of it, exits in time – and then gets sucked back in only to lose everything in the…
I have to admit that the insurance sector is not one that fascinates me in any way, in fact the whole area appears deadly dull! Indeed, the only real source of interest that I can muster is the way that behind all the mathematical mumbo-jumbo of premiums / actuaries (yes those highly paid dullards!) etc.…
On the recent London visit from God’s Own County by our Ambassador and Spreadbet Magazine Founder Mr Richard Jennings one of the aspects of our meeting that I was struck by was his method of technical analysis. Given that his day job is as a fund manager of a fund that has been doing rather…
Risers: BT Group +1.03% BT Group has signed a contract with Carillion Telent for broadband delivery throughout the UK in a deal that is worth up to £500m over 3.5 years. Carillion Telent has been BT’s preferred infrastructure services supplier since 2010. BT Group’s “hold” stock rating has also been reaffirmed today by Deutsche Bank. …
Looking for the EURUSD Top: As we recently wrote in our 2014 Year Ahead report, we are US $ bulls for the year ahead and look for €/$ to trade lower toward the Apr’12 lows, at 1.2746, and, potentially, the 200m avg. near 1.2173. In the nearer term, we continue to see the gains from…
In a continuation of our analysis of the Gold market and the head scratching disjoint between the fundamental backdrop and the paper price of the precious metal, we update with the latest COT data release per below. The first chart is a pictorial representation of the actual gold producers/industry participants (merchants) positioning overlaid with…
