Boots is now part of that huge American concern Walgreens. In fact our big High Street pharmacies are not British at all any more. Superdrug is part of Hutchison, the Hong Kong based company. Lloyds Pharmacy is owned by German company Celesio AG. While researching this post I came across a study of dividends based…
Skittish, would be one word to describe markets at the moment. Ugly, would be a more accurate description however. The benchmark S&P 500 recovered from over-sold territory this week, to put the index back above the 100 period moving average that has acted as support for much of this bull rally. Equities remain within reach…
As seen in this month’s Master Investor Magazine Following up from last month on my series of lessons that I believe are essential for any trader or investor to keep in mind, I am offering the next and final part of my “trading bible”. I firmly believe that these bits and pieces of hard-earned wisdom…
As seen in this month’s Master Investor Magazine Now ladies and gentlemen, the time has come to continue with my Golden Rules for Trading CFDs, a subject that we started discussing in my last article (May edition of the Master Investor Magazine), where you will find the first four Rules. So starting with Rule five,…
One demographic we all know about is the Baby Boomers. Many of them are well-heeled, own their houses outright, have pension pots to piss in, and children who have had quite easy lives thus far. That may change for the kids, but for the moment large parts of London and the South East are awash…
The US dollar came under renewed pressure this week, but the Greenback isn’t dead yet. US dollar weekly chart As the daily chart above indicates, the US dollar index looks set for a negative week ahead of Friday’s Non-Farm Payrolls, but this merely brings the trend back to the 14 period moving average. The April…
I used to go into the polling station, past the amusing sign that said Polite Notice No ball games Do not sit on the fence to draw a big, hairy cock and balls on the voting slip. Spoilt paper you might think. But actually, more of a predictive tool. Every time I did that, that’s…
While the latest twists and turns of the FIFA corruptions scandal have been an interesting distraction for market traders this week, the ongoing Greek drama has continued its own exciting storyline. The euro enjoyed strong counter trend gains this Wednesday and Thursday as hopes were raised for a deal between Greece and its creditors. EUR/USD…
The 2,200 level on the S&P 500 will bring us to bubble levels, which is where we need to head to if we are going to see any “correction”. That certainly is the level that I will close my long, tap my fingers and see if we are going to go even higher… Even higher…
A few weeks ago, we heard HSBC chief economist Stephen King announce projections for the global economy over the next decade. Many reading this will already be familiar with his conclusions, but as a quick outline, he suggested that six years into a recovery, we’re likely closer to the next recession than we are from…
