Noting our short in Anto with lots of stock action
The FTSE 100 slipped yesterday morning as investors awaited data on US housing and consumer confidence to further gauge the recovery of the US economy. Mining stocks again led the bears as they pulled...
View ArticleShowing our long in GKN, LLOY highlighted on uptrend
The UK markets gained slightly yesterday on welcoming news from Germany as Angela Merkel struck a deal with the Social Democrats to form a ‘grand coalition’. UK GDP data hit 0.8%, as estimated,...
View ArticleMiners begin to rally and Housebuilders slump on the end of FLS….while the US...
Trading volumes declined yesterday, as the US markets were closed for Thanksgiving. The UK markets rallied yesterday morning ahead of the Governor of the Bank of England Mark Carney’s speech on the...
View ArticleIndex breadth extends and we open a long in BBA Group
The FTSE 100 continued to trade flat on Friday, with investors remaining cautious towards the end of the month. This upcoming week is data-filled, including the crucial US non-farm payrolls figure,...
View ArticleWe highlight Aberdeen Asset Management as it encountered resistance
The UK markets slipped further yesterday as they remained apprehensive ahead of a data-filled week, with Mario Draghi speaking on Thursday as the ECB makes a decision on interest rates, and the US...
View ArticleThe FTSE continued to slip… ULE develops a top and BARC finds its downtrend
The UK markets maintained their jitteriness yesterday ahead of the data releases this week. Like in the US, they slipped further downwards as positive US factory data from the day before continued to...
View ArticleShowing Melrose and watching to sell Reckitt Benckiser
The European Commission handed out fines totalling €1.7bn this morning for banks involved in fixing global interest rates, which contributed to the UK financial sector’s downtrend reassertion, in turn...
View ArticleWatching to go long Tesco and opening Shire Pharma
The Bank of England’s December policy meeting saw its monetary policy left unchanged, as expected, which left the UK markets flat before slipping slightly towards the end of the day. The ECB also left...
View ArticleFTSE Index Breadth unwinding, highlighting Vodafone and sector analysis
In the past week UK markets consolidated on fear and speculation over the US non-farm payrolls that were to be released on Friday. The reveal saw the US unemployment rate dropping to 7% and the NFP...
View ArticleShowing Dominos, closing Capital and Imperial Tobacco
The FTSE 100 traded flat yesterday, failing to add to the momentum from its correction rally on Friday. European data fell short of expectations yesterday as German industrial production figures missed...
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