A few weeks ago I bought a pair of glasses at Poundland (for £1, of course), but would have been better off not going to Specsavers and buying the shares as the company received a takeover approach. In the case of William Hill, taking a punt on the share price looks to be a better…
Following my article last month on Covered Call Writing we had a request from a reader to recommend some brokers that offer the services required. I wouldn’t claim to have an in depth knowledge of all the companies in the market place, but I can simply say which companies I use myself. Of course there…
The housing market remains the big dinner party subject of choice, with the general conclusion being that it is a market which is a “one way bet”. However, stocks related to this market, such as estate agent Countrywide, have a rather more complex technical set up. Countrywide (LON:CWD): Above 220p Could Lead Back Towards 300p…
FTSE 350 Stocks Glencore (GLEN): Initial Ceiling towards 200p Shares of Glencore have lost some of the momentum of their great 2016 rally, with the question now being whether this is due to the market saying that enough is enough for the rise from under 70p. Also worth keeping in mind is the way that…
I expected the Rio 2016 opening ceremony to be a bit more Benny Hill than it was. Brazil is a country where gender stereotypes are revered. Femininity is celebrated, not denied like it often is here in Northern Europe. There’s a football league in the north east of Brazil where each team chooses a beauty…
As far as British Gas owner Centrica is concerned, it may be the case that the saying “don’t get mad, get even” is the appropriate one. The question is whether getting even should involve going long of the shares? Centrica (CNA): Gap Higher Through 50 Day Line Targets 260p The recent trajectory of the daily…
The general consensus on the street has been bearish on Crude since the US became a self-reliant energy producer and exporter. This, coupled with more energy-efficient vehicles may have subdued demand and brought oil prices down to multi-year lows (currently $49.00). While Russia does not want to cut production, increasingly many OPEC nations are considering…
It would appear that Thomas Cook has been in the news for all the wrong and tragic reasons in the recent past, as the tourism industry was hurt by the ravages of terrorism. But at least the latest newsflow, including the announcement of a hotels sourcing deal with Webjet, temporarily provides a respite. Thomas Cook…
It always concerns me when the mainstream media, in the form of financial journalists, start doing their own technical analysis/charting. Usually it concerns Heads & Shoulders, or Golden/Dead Crosses, but the latest manifestation is the RSI on the FTSE 100 hitting “overbought.” FTSE 100: RSI Sell Signal? It is difficult not to imagine there is…
Sound Energy has been one of the small cap phenomena of the year to date, but it is ironic that the big bull run here took quite a while to get off the ground. Sound Energy (SOU): Rising Trend Channel Targets 70p The enigma of Sound Energy and its recent mega rally is the way…
