I remember a joke from the ‘80s that went along the lines of: “Why don’t pixies get pregnant? Because they only go to goblin parties.” I mention that now as there is going to be a goblin coffee shop in Paddington. The Fellatio Café will open in Praed St it seems, and will be using…
Inmarsat, the mobile satellite services group, seems to be rather less space age at the moment than one might have expected on the fundamental front. But at least from a technical perspective it would appear the stock is ready to head to the upper reaches of the stratosphere. Inmarsat (LON:ISAT): Robust Chart Setup Ironically, it…
Rather infuriatingly for bears of the banking sector, it would appear that good news is great news (in share price terms) and bad news is good news. So being short of the key protagonists is a difficult affair. This has been illustrated in the wake of the latest update from HSBC. HSBC Holdings (HSBA): Key…
From my perspective, cars are money losing machines, magnets to a whole array of legal infringements, and a great source of pollution and ill health to boot. Yet the car culture rolls on, and people appear blind to the costs. This is great for the likes of motor insurer Admiral Group. Admiral Group (ADM): Broadening…
Given that shares of Anglo American have been one of the best recovery situations on the London market for the year to date, it seems almost churlish to look for more upside, but it could very well be the case that this is the correct thing to do. Anglo American (AAL): Upside towards 1,000p Plus…
FTSE 350 Stocks Domino’s Pizza (LON:DOM): Breakout towards 500p Expected It will be interesting to see how the takeaway food market – and Domino’s Pizza’s position within it – maps out with respect to the Just Eat (LON:JE.) and Deliveroo offerings. In the meantime, it would appear that the stock market is keen on the…
Whether or not you have kids yourself, you almost certainly were one once. Birthday parties were something I looked forward to. You’d have your besties over on yours and hopefully they’d invite you to theirs. I hear that nowadays the PC brigade bullies parents into having their kids invite the whole class to avoid making…
It may be unfair to suggest that the banking sector is effectively a long-term sell, but this does at least explain much of the recent past in terms of the fundamentals, and of course the big bailouts. With this in mind we look at Barclays. Barclays (LON:BARC): Above 20 Day Line Points to 180p In…
The US Dollar may have pulled back slightly after the latest FOMC meeting, but Dollar earners such as AstraZeneca seem to be rising whatever the greenback does. AstraZeneca (LON:AZN): Technical Target as High as 5,700p Like many a leading UK company which is doing well, I take the view that AstraZeneca could do even better…
Mystery and the stock market may be two things that go hand in hand for some, but it is usually the case that we have a rational explanation both for sentiment and value. In the case of the recent sell off and rebound for ITV it looks as though the market is reassessing its previous…
