I know what you must be wondering. What sort of things do I ponder when I’m not thinking about the markets? Well, I’m glad you asked. Three things are playing on my mind. Why do magpies sound like someone shaking a box of matches? Why do pigeons’ wings sound like they need oiling, and how…
One of the notable issues with bear bloggers, and indeed those who make negative calls on shares, is that unlike those who are on the buy side one rarely hears anything in terms of a mea culpa if the call turns out to be wrong. Cloudtag, where the bears have just been blown away, is…
The occasion for looking at the charting position of Berkeley Group is the demotion of the housebuilder from the FTSE 100. Normally, this is portrayed in the financial media as being a negative for a stock, but this may not be the case here. Berkeley Group (BKG): June Price Channel towards 3,000p The housing market…
Rather interestingly, even for those late to the recent share price rise at Hague & London Oil, there would appear to be an opportunity to get on board in the wake of the recent consolidation and news. Hague & London Oil (HNL): Above 200 Day Line Targets 20p It was as long ago as 4…
Anyone wondering whether the post-Brexit state of flux might be good for at least some banking stocks need look no further than the internationally focused HSBC and the mega rally of recent weeks. HSBC (HSBA): 620p Technical Target It would appear that the banking sector on the London Stock Exchange is split quite cruelly between…
FTSE 350 Stocks Antofagasta (ANTO): June Price Channel to 600p While some of the other mining sector giants such as Randgold Resources (RRS) seemed to head for the upper reaches of the stratosphere with relative ease, it can be seen on the daily chart of Antofagasta that there has been a crawl higher over recent…
It amazes me that people here are so absorbed by foreign politics but scarcely seem to engage with domestic politics at all. The Trump campaign is a classic example. I see countless retarded posts by Brits on Facebook saying things like “we’ve GOT to stop Trump getting elected”. I say retarded because, given the person…
There may be some of us who are kicking ourselves for missing out on the great 2016 rebound for mining and energy stocks. However, even though it is not exactly early days to try to get on board, there are some contenders relatively near to the low end of their respective ranges. Global Resources Investment…
Considering that the last pair of shoes I purchased was £29.99 at Top Man, it could be argued quite fairly that the Jimmy Choo proposition is not really something which I espouse. But then again, with the stock market, knowing when to separate business from pleasure is all important. Jimmy Choo (CHOO): Broadening Triangle Targets…
I am not sure whether the two Purplebricks “experts” on the home page of its website necessarily sell the concept or the company to me, but it is probably the case that in a buoyant housing market this does not really matter. What may matter more is whether the share price rebounds from the present…
