Given the way that Pantheon Resources has been something of a “hero” play for private investors, it seems churlish not to take a look at the charting position in the wake of what appears to be a rebound from the floor of the recent trading range. Pantheon Resources (PANR): Price Channel Target at 230p Pantheon…
Fairly unsurprisingly I was in a pub the other day and I had a scrunched up piece of paper and there was a bin behind the bar in the semi-distance. I lined up the shot and launched the paper at the bin. It bounced on the side and landed on the floor next to the…
I make no apologies for covering another gold stock just a couple of days after the previous one, Highland Gold Mining (HGM). This is on the basis that we have been treated to a major break of key $1,300 resistance for the metal, and given all the uncertainties in the stock market and politics, the…
It would appear that everyone in the UK is an expert on the supermarket sector, even more so than the management of the companies in question, and of course even more so than one of the world’s greatest ever investors, Warren Buffett. He first invested in, and then bailed out of Tesco, describing the whole…
Although for much of the five years that the mining sector spent in the wilderness we were told by the “experts” that the time to buy was now, it is ironic that when the real turnaround came at the beginning of this year these optimists were rather quiet. Also worth noting is the way that…
Why I’m staying long GBP/EUR into the EU referendum With the Brexit vote only a few days away, I’ve been hedging my equity positions. The only big directional position I’m planning to hold is GBP/EUR where I feel that there is upside to take advantage of whether or not Brexit happens. Please note that…
Lloyds Banking (LLOY): Share Sale or No Share Sale? I have to confess finding it highly amusing that every time the Government, mainly in the form of Chancellor Osborne, gets close to selling the remainder of its stake in Lloyds Banking, the stock market tanks. True, the run up to the June 23 Referendum has…
FTSE 100 Stocks Barclays (LON:BARC): Time to Mind the Gap It has been in interesting year to date for UK banking stocks, with a relatively predictable spread between the domestic focused players, who have done rather better than those exposed to emerging or submerging markets. That said, one supposes that the likes of Barclays have…
Ocado (OCDO): Amazon on the Horizon One of the best business stories of late, which has received blanket coverage, was that of Amazon (NASDAQ:AMZN) entering the online supermarket space. Ordinarily this would have been bad for all companies doing anything in this area. But for the UK’s Ocado it must surely be the nightmare scenario.…
An Englishman’s home is his castle they say. Especially that bloke in Surrey who hid his under bales of hay for years. Nowadays you could sell a house here in the South East and buy a castle overseas, that’s for sure. People take pride in their houses but in spite of all the TV shows…
