WAITING FOR BERNANKE TO SURPRISE US June 13, 2011 EQUITY markets continue to struggle. Last week, many major global stock indices dropped below a succession of significant technical support levels. The downside momentum appears to be picking up and so far any rallies have been unconvincing and on low volume. Investors have plenty to fret about. Europe’s political leaders can no longer delay facing [...]
Making hay the Andrew’s Pitchfork way June 13, 2011 SOMETIMES, trying to find swing points and the right opportunity to take a profit can feel like looking for a needle in a haystack. But using an Andrew’s Pitchfork can give traders a helping hand to identify these points. Though it has fallen out of the mainstream in recent years, the Andrew’s Pitchfork can still [...]
THE TIPSTER June 13, 2011 THE recent uncertainty over the state of the global economy has left the major indices bouncing around without any clear direction. The FTSE 100 is currently at the lows of its recent range. With some big numbers out this morning, there is a chance that we could well get a degree of excitement for the [...]
Just-in-time is on the rocks but not sunk yet June 13, 2011 DURING Japan’s rise, its companies developed the just-in-time method of manufacturing, allowing greater efficiency of production. Following the devastating Tohoku earthquake earlier this year, manufacturers across the world – including Toyota, which pioneered the just-in-time production system – suffered, and continue to suffer, from disruption to their global supply chains. Many companies have bounced back [...]
PROTECTION OF SUPPLY CHAINS GUARDS PROFIT June 13, 2011 AS MOST companies are seeking to reduce costs and improve working capital management, while at the same time relying increasingly on their suppliers, the most successful supply chains are dependent on efficient risk management. This reliance on suppliers is likely to involve a combination of some of the following aspects: global sourcing; single sourcing; partnership [...]
FTSE starts on back foot heading into inflation data June 12, 2011 EUROPE’S stock markets are going to struggle this morning against a strong headwind set by the Dow Jones Industrial index on Friday, closing as it did below the psychologically significant 12,000 level. GFT quotes two-way prices on stock indices around the clock, even when the underlying markets are closed, but this morning’s open is looking [...]
WALL STREET WEEK AHEAD June 12, 2011 DON’T be surprised if Wall Street racks up a seventh consecutive week of losses as the likelihood of more poor economic data and other disconcerting signals outweigh any thoughts that stocks are cheap. After closing at its highest level in nearly three years on April 29, the S&P 500 has tumbled nearly 7 per cent [...]
Trading like a robot: looking at spread betting algorithms June 12, 2011 WHEN spread betting, there is always the temptation to break your own rules. Traders often shift stop losses based on the gut feeling that they’re going to see a reversal and recoup their losses, or wait longer than planned before taking profit, wanting to make as much as they can, convinced that the movement still [...]
THE WEEK AHEAD in association with GFT June 12, 2011 COMPANIES ● Today, the recently listed Glencore will release its first quarter trading statement to 31 March. On the same day, Majestic Wine and Advanced Computer Software will announce for the year. ● Carphone Warehouse and Oxford Instruments will announce on Tuesday. The latter was the first commercial spin-out company from Oxford University. Investors will [...]
THE TIPSTER June 12, 2011 SAINSBURY is due to report its quarterly figures this week. The share price of the supermarket has had a torrid start to the month. Despite the fall in share price, expectations for the results are good, due to the hot bank holidays and the royal wedding. Interestingly enough, it is now also the seventh largest [...]