Analyst picks for 10 January 2012 January 9, 2012 QUANTITATIVE STRATEGIST DAVID RODRIGUEZ My pick: Sell euro rallies into $1.3000 Expertise: System trading Average time frame of trades: 2 to 10 weeks Market sentiment is incredibly one-sided, as non-commercial futures traders are their most net-short euro-dollar on record. Yet the trend is down until it isn’t, and I like selling euro strength as long [...]
WALL STREET WEEK AHEAD January 8, 2012 STOCKS have strayed from their recent link to euro moves, and the start of US corporate earnings next week could help shift investor focus back to US fundamentals from Europe. Stocks have traded in line with the euro over the autumn, with both experiencing sharp swings on headlines from the Eurozone. That trend may be [...]
Charting on the move is the smart way to trade January 8, 2012 THE cyberspace race of mobile trading technology continues apace, with GFT announcing the release of an iPad version of its DealBook trading platform. GFT’s iPad offering includes full-screen charting, real-time quotes and real-time news via CNBC. The many and varied ways a spread betting provider can help trading on the move has become a key [...]
THE TIPSTER January 8, 2012 PLAYING ball on Tuesday will be Goals Soccer Centre – letting their fans have a peek at their post close trading update for the year. After seeing a sharp decline when the outdoor football centre reported a softer than expected trading period last time, can they move up the league with a better than expected [...]
Vestra’s classic formula: Your assets, your choice January 8, 2012 AT THE end of a High Court case, and with the banking system falling apart around us, I thought this had to be either the end of the business or the beginning of something good,” says David Scott, the founder of the mid-sized wealth management firm Vestra Wealth. “But the thing was, I had invested [...]
YOUR COUNTRY NEEDS YOU ON THE INTERNET January 8, 2012 TO DELIVER a major kickstart to the economic recovery we need to get British businesses working better online. 2012 is set to be one of the toughest economic environments in recent history – and our economy depends on the survival of our small businesses. Young businesses are the firms with the most potential to create [...]
Banks gain on US economic optimism January 5, 2012 BANKS led Wall Street to gains yesterday even as Europe struggled again, a sign investors are betting a relatively strong US economy will help US stocks outperform other markets. Overall gains were small, but banks advanced for a third day, supported by better-than-expected economic data. US financial shares continued to delink from their European peers [...]
Fresh nerves over euro debt put dampers on FTSE index January 5, 2012 BRITAIN’S blue-chip share index closed lower yesterday on growing fears that Eurozone countries and banks could struggle to tap markets this year. The FTSE 100 dropped 44.19 points, or 0.8 per cent, to close at 5,624.26, in tandem with most European indexes and the euro currency, after a French debt auction, though oversubscribed, failed to [...]
Indices hold gains even as euro falls January 4, 2012 MAJOR US stock indices were little changed in a low-volume session yesterday, but some investors were encouraged to see equities avoid a sell-off amid lingering Eurozone debt problems. Indices held on to the previous day’s large gains even as the euro dropped sharply against the dollar. Notably, US banks held up well, even though bad [...]
Banks drag FTSE down as UniCredit prices at discount January 4, 2012 CONCERNS over the Eurozone sent Britain’s top shares into reverse yesterday after the previous session’s sharp gains, as Italian lender UniCredit priced a rights issue at a huge discount, and a German bond auction failed to excite. The FTSE 100 fell 31.46 points, or 0.6 per cent, to 5,668.45, albeit in light volume, at 79 [...]