John Paulson is no doubt scratching his head right now and philosophizing on just how wicked the markets can be after giving up part of his monumental gold trade just moments before the metal started to rally sharply in mid July. Paulson, supposedly the trigger puller of “best trade ever” (see the latest edition of…
Risers: CSR, up 5% CSR upgraded to buy from hold at Liberum Capital who also upgrade their price target to 550p from 540p after a recent pullback in the share price. They state CSR is now trading at a discount to its peer group and expects CSR to meet consensus expectations for 2H ’13. African…
Towards the end of the week, I caught a Tweet which said that the latest French bond auction was the most expensive since President Hollande came to power. On its own, this little titbit of information seemed innocuous enough, but it struck a chord with me. It’s been a while since I did a cycle…
UPDATE – SAT 7 SEP – LOOKS LIKE WE WERE RIGHT AS THE TWITTER PAGE HAS DISAPPEARED. TO ALL OUR READERS – DO NOT SUBSCRIBE TO ANY TRADING SERVICE AND IF YOU DO THEN DO NOT BE SURPRISED WHEN IT DOES NOT DELIVER YOU TO THE SUNNY UPLANDS OF MILLIONAIRE’S-VILLE!! We have noticed a…
WE CAME ACROSS THE INFO ABOVE THAT WE THINK IS A CRACKING READ IN RELATION TO GOLD AND ITS CURRENT PLACE IN THE MONETARY SYSTEM. CLICK THE IMAGE TO VISIT THE SITE.
The cat was well and truly thrown amongst the pigeons this last week when Microsoft announced it was to purchase the mobile phone hand set business of Nokia for a total consideration of USD7.5 billion in a deal that is expected to close in early 2014. The deal itself was not the surprise, after all…
Today, we are playing portfolio manager. With the S&P 500 and Dow below their respective 50-day moving averages and threatening to move lower, you need to adjust your thinking towards the stock market. This means you need to review your portfolio and holdings. Stocks that have recorded strong gains should be targets for some profit-taking.…
This week will likely be remembered for the start of the G20 meetings and the first opportunity where world leaders have had a chance to debate whether the actions in Syria merit external military intervention. Monday began with a bit of a bang, despite the US markets being closed due to Labour Day, as the…
