For UK investors, when it comes to the large US NASDAQ , they can be far more difficult to read both on a technical or fundamental basis that most of the equivalent groups in the UK. In an uptrend they seem to go much farther than anyone can believe possible – witness the valuations of…
This time 1 month ago the FTSE 100 was trading 550 points lower at 6,000, but a wealth of good earnings from both U.S & UK companies along with the Fed reaffirming their accommodative stance on monetary policy has driven this impressive rally. Of the FTSE 100 companies who had reported second quarter earnings by Thursday’s…
The other day I was talking with a friend of mine, let’s call him Peter, whom I haven’t chatted with in a while. I wanted to catch up and hear how things are going for him and his family. He told me that he and his family are healthy, thankfully, but he also mentioned that…
UPDATE 09:02AM 25/07/13 – I received some feedback on our call yesterday from 3 market participants whom I respect and they tell me they remain long. Below also entered my inbox from a fellow asset manager/research house – “I think that when the correction comes again it will prove to be mild, and that 2013…
There has been much angst over Bernanke’s recent comments regarding an “improving economic environment”and the need to begin reducing (“taper”) the current monetary interventions in the future. What is interesting, however, is the mainstream analysis which continues to focus on one data point to the next, in order to try & determine if the Fed is going to…
First Paulson, then Coffey, Pellegrini and now Cohen. It seems that the “alpha” these guys generated during the go go years of the 90’s and noughties were either one hit wonders (a la Paulson) or, in Cohen’s case, perhaps a little bit too close to the other side of so called “expert networks”. As we…
While both Gold and the Euro rallied from the bullish hourly chart, and right on cue with our calls last week, it would appear that in the case of both of these markets, and especially Gold, the jury is still out in terms of how positive we should be. In fact, the real conundrum here…
The Road To Destruction To say that the Canadian company formerly known as Research in Motion has been a pain to its shareholders during the last few years is an understatement! Who could have imagined that the once must have gadget, that became known as the “crackberry” due to its addictive nature, would see its…
Europeans markets retreat as a number of corporate earnings eased settlement. Chemical giant BASF reported profit that missed analyst estimates whilst the phone network Orange posted an 8.5 percent drop in earnings. Figures from the UK gave investors some positive signs that the UK economy is improving. Economic growth accelerated in the second quarter in…
The fall in the price of gold bullion has certainly hit investors, but there is even greater pain among junior mining stocks. Obviously, junior mining stocks depend on gold prices to generate revenues and earnings. However, unlike larger, more integrated companies, junior mining stocks might not have any cash flow, thus they depend on external…
