Budget airline EasyJet has had its ups and downs recently, having to contend with rising fuel prices and now the increase in APD. Yet the share price has outperformed most so far this year. With a trading statement this Thursday bulls might be in for lift off. Capital Spreads quotes 483.7p-485.4p.
BHP Billiton’s stock price has sold off sharply since February this year. The world’s biggest miner is suffering on concerns that Chinese demand is set to slow. Last month, BHP Billiton warned of flattening Chinese iron ore demand. Last week the stock retested 1,866p, the 23.6 per cent Fibonacci retracement of the April-October sell-off. GFT’s price is 1,917p-1,918p.
Rocketing sales of jerry cans aside, investors in Halfords will be hoping that Thursday’s update will help the company to pedal out of its current narrow trading range, in which it has been stuck since the second half of 2011. Milder winter weather is expected to have weighed on sales of winter-related driving products, and second consecutive drop in like-for-like sales is expected. IG Index’s price on Halfords is 309p-312p.