The main focus for investors today will be on the U.S data due to be released at 13:30 BST. Analysts anticipate that the data will continue with the recent trend of strength in the region with unemployment claims expected to fall and core durable goods orders expected to rise. Earlier in the day however, we…
Well, as our esteemed former editor posted earlier today here (http://www.spreadbetmagazine.com/blog/we-begin-the-building-of-our-short-position.html) in which he suggest that it might be time to go short, I thought I’d thrown my own hat into the ring on this (and probably put the kiss of death on us!) and similarly call “time”. So far attempting to actually call time…
European indices have been edging higher on the back of a stream of strong data including both German and French manufacturing PMI. In another boost to the Euro zone, private industry unexpectedly bounced back to growth this month. The momentum created by this latest batch of positive data is going a long way to support…
The infamous Hunt Brothers Do you remember the Hunt Brothers? Well, if not, you should read the February edition of SBM (page 8, link here – http://issuu.com/spreadbetmagazine/docs/spreadbet_magazine_v13_generic) because a very similar situation could be just about to occur in the gold market… In 1979, the Hunt Brothers became infamous as they attempted to corner the…
An unexpected decline in Chinese preliminary manufacturing index weighed on Asian stocks overnight with investors threating the economic slowdown is deepening. The negative data erases yesterday’s positivity after China’s premier Li Kaqiang said the economy will grow by at least 7 percent. European stocks are seen opening unchanged to slightly higher boosted by strong results…
Apart from being a weatherman, Prime Minister, (and, until recently, editor of a magazine) the other ambition I had in younger days was to be a song writer. Yes, really! The closest I get to the latter is coming up with titles and themes for articles. Today’s concept album therefore is Fallen Heroes, consisting of…
European stocks continue to hold onto gains heading into the afternoon with the FTSE 100 up for the first time in three sessions. The positivity comes after China’s Premier Li Kaqiang said the world’s second largest economy will grow by at least 7 percent. Mining stocks helped lead the gains after the positive comments from…
Below is an interesting prediction and very wise words from noted market bull Jeff Saut who, in an interview with Eric King of King World News, stated that: “For the past two and a half months I have targeted tomorrow, July 19th, as the intermediate-top on both my quantitative timing and technical models. So I think…
Complacency is always dangerous when it comes to investing. Over the past few months, many investors globally have begun to let their guards down, as the episodes of severe financial crisis appear long gone. However, there are many signs that a global recession is still possible once again. For many parts of the…
From Mon 8th July – News this morning that ADVFN have acquired a Phillipine finance site (Financemamila.net) for a relatively nominal sum of £92,000 that was, importantly, paid in shares and not cash only serves to reinforce our short stance here that was flagged at 4.7p back at the turn of the year. See here…
