Stop losses are indispensable to limit CFD trading risks March 28, 2011 UNLESS you have the risk appetite of the American daredevil Evel Knievel, you would be foolish not to use stop losses on your CFD trades. In volatile market conditions you ought to go one step further and set guaranteed stop losses. It is also important not to set stop losses too tight, while it makes [...]
THE TIPSTER March 28, 2011 HOTEL and restaurant operator Whitbread has been on the up since last week with high expectations for their annual figures to March. Annual profits are suggested to come in at £279m, which is up from £208m last year. With the dividend expected to be increased to 42p, the company appears to be moving in a [...]
Bullish brokers boost banks as energy and mining stocks sag March 28, 2011 BULLISH broker comment helped push the banking sector higher yesterday, as Britain’s top share index neared key technical resistance levels after its recent rally, with commodity stocks weighing on the upside. The FTSE 100 closed 3.73 points, or 0.1 per cent, higher at 5,904.49, near its 50-day moving average of 5,933.83. The index has traded [...]
Marriott’s warning sparks retail fears March 28, 2011 US stocks fell yesterday as the corporate outlook was clouded ahead of earnings and uncertainty continued to creep from abroad, while volume hit its lowest level of the year. A warning from hotel operator Marriott International hurt hotel and other consumer shares, amid expectations of other negative corporate earnings pre-announcements. “Corporations now have several excuses [...]
Strong data should keep stocks heading higher March 27, 2011 AFTER their biggest weekly gain for six months, European stocks could well press even further ahead on this morning’s open. In out-of-hours trading, GFT is forecasting the UK’s FTSE 100 index to open up 12 points from Friday’s close at 5,912. The German DAX is quoted to open up 14 points at 6,960 and the [...]
Fitzdares to spread into financial bets March 27, 2011 STARTED in 2005 with an injection of cash from venture capitalist Ben Goldsmith, Fitzdares markets itself as “the bespoke bookmaker for the discerning gambler.” In six years it has developed into a successful niche bookmakers catering to some of London’s wealthiest gamblers. With a solid track record in sports, it has now moved into the [...]
THE TIPSTER March 27, 2011 LAST week’s budget certainly gave a fillip to the construction industry. The sector has hardly had an easy ride since the free-flow of credit dried up in 2008, but with some of the froth knocked out of the market, progress seems to have been emerging in recent months. Housebuilder Bellway will be releasing its interims [...]
THE WEEK AHEAD March 27, 2011 COMPANY NEWS • Travel company Thomas Cook group is going to announce its second quarter interim management statement on Tuesday. This will be followed by figures being released by TUI Travel on Thursday, where we may see indication of how the Middle East turmoil affected the performance of travel companies. • Housebuilder Bellway will be [...]
Add fizz to your trades by using Bollinger bands March 27, 2011 THOUGH long term trends are relatively easy to identify, tracking intraday trends is often more tricky to do, as short term developments often disappear before you’ve even identified them or before they can be used to your advantage. This is where Bollinger bands can serve as a useful tool for day traders. Whereas most indicators [...]
Defining a reversal March 27, 2011 In my last article I defined a superb trading strategy called Reverse Divergence strategy. Let me very briefly recap it for you: You trade in the direction of the trend, defined by a 50 period MA, and when the Stochastics indicator has made a lower low, but price is making a higher low, you have [...]