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 [...]
Cashing in on Reverse Divergence March 27, 2011 My fellow trader, Dr. David Paul, came to me with a new setup he wanted to trade. We tested it extensively, and it fulfilled the criteria we were looking for: good risk to reward, good hit ratio, good Sharpe ratio and all the other boring stuff that makes most people eyes glaze over. In fact [...]
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 [...]
Retailers and mining stocks power rebound in the FTSE March 24, 2011 RETAILERS were among the top performers in a rally in Britain’s top share index yesterday that took the FTSE 100 back to levels last seen just before the earthquake in Japan. Results from Kingfisher and Next showed how some retailers can overcome tough trading conditions in the UK. Kingfisher, which hiked its dividend and reported [...]
Wall St advances on earnings hopes March 24, 2011 US stocks advanced yesterday as optimism about upcoming earnings and investor buying of the quarter’s top performers lifted the S&P 500 above a key technical level. The S&P 500 broke above its 50-day moving average at 1,305, leading investors to believe the market may have absorbed the worst of the pullback due to Japan’s earthquake [...]
Small players can beat even the biggest rivals March 23, 2011 AUTHOR AND CONSULTANT THE world of work can sometimes feel like you’re completely outgunned. If everyone around you seems better-qualified, more experienced and more likely to succeed, fear not: you’re in the same boat as most companies are when they launch. We live in a world where most of us – either as businesses or [...]
FTSE inches up despite Sainsbury’s glum update March 23, 2011 BRITAIN’S top shares edged up higher yesterday, on a budget day that brought a mixed outlook for UK corporates. J Sainsbury fell sharply after a downbeat trading update, while sector peers firmed after the budget, as did housebuilders which got a first-time property buyers boost, while North Sea-focused oil firms were hit by a tax [...]
