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THE TIPSTER

IF THERE’S one industry that has not weathered the recession well, it is travel firms. They have suffered from consumers tightening their belts while the weak pound has made Britons even less likely to holiday abroad. But TUI Travel should have benefited from many of its less resilient competitors falling by the wayside. With its results on Tuesday, the recent weakness in the share price could be reversed. Capital Spreads quotes 250.6p-251.3p.

Interbroker dealer ICAP has taken a beating as the combination of fears over US regulation, a profit warning and a general market sell-off pushed the stock below 300p. However this could be overdone – cashflows remain strong and the firm may be able to maintain its dividend with an attractive 6.5 per cent yield. The IG Index price is 298.6p-299.6p

There’s no sign that supermarket giant Tesco has lost ground to hard discounters – a survey released last week showed that the grocer increased its share of the market to 30.5 per cent in the 12 weeks to 24 January. Spread betters could look to go long on the stock below 415p. WorldSpreads is currently offering a spread of 409.50p-411.50p.

Gold was a standout performer in 2009 but its price has slipped off in 2010. There could be further falls ahead but spread betters should be looking to pick up long positions in the precious metal as close to $1,035 as possible. WorldSpreads has a spread of $1,059.9-$1,064.9.
Jessica Mead