It’s easy to focus on the same markets all the time and forget to look for opportunities elsewhere. Screening is a useful tool that’s available through most charting packages and online services, but you still may miss some big ones. Nothing beats having an actual browse from time to time. So here are some places…
Market Position: Break of $35 Opens Up $43 on WTI Crude Berkeley Group (BKG): Questioning the Bull Argument? While of course on a fundamental perspective it can be said that the housing market and housebuilders are supposed to be a one way bet, housebuilders shares are not looking so sprightly. The latest developments here on…
Market Direction: Gold above $1,250 Targets $1,340 EasyJet (EZJ): Higher Low Suggests 200 Day Line It may be said that it has been a rather rocky ride of late for shares of EasyJet, with the obvious benefits of the low Crude Oil price not quite delivering quite the type of high octane bull run that…
With the news today that Facebook will have to pay more UK tax, I thought it was about time to do a round up on the US markets. First off the Dow (DJI) looks nice and bullish for the moment. It’s above the cloud there and probably heading up to the region of 17,700, with…
Market Position: Front Month WTI – $35 Still Key Resistance Aggreko (AGK): Gap through 50 Day Line towards 1,200p It really has been a long process of recovery in the recent history of Aggreko. But after many months of rehabilitation it can be seen how the bulls look to be on the front foot again.…
I first started running comedy clubs in 1998. Of course, you could still smoke in pubs and bars in those days. I used to joke to the punters that it was a healthy option to come to comedy because on the one hand they would lose 5 minutes off their lives (perhaps) with each cigarette,…
Market Position: Nasdaq 100 above 4,200 Still Targets 4,400 Plus ITV (ITV): Dead Cross Disappointment One of the things that strikes a long in the tooth stock market observer is that way that companies approach their investor relations, or not. What we tend to have right across the board from the minnows to the blue…
Market Position: Euro / Sterling – Above 77.50p Targets 80p Barclays (BARC): 2015 Price Channel Target at 140p Perhaps the first point to observe about the aftermath of the update from Barclays that while the dividend was cut on impairments and profits were squeezed, rival Lloyds Banking (LLOY) saw a £2bn special dividend payout. Given…
Greggs (GRG) has been a bit like Bitcoin. I remember hearing a commentator say that they’d thought Bitcoin at $1 was overpriced, then at $2, and so on… until it had reached around $1,000. Greggs has been similar. It just seemed to keep going up and up and up. The rallies in its history are…
When places are far away and not that vocal it’s easy to forget they are there. New Zealand is one such example. Quietly beavering away, building a sound economy since the UK joined the Common Market back in 1973, New Zealand has set up a very sound business. Their GDP chart is excellent. Almost every…
