THE WEEK AHEAD February 27, 2011 COMPANY NEWS ● HSBC Holdings releases its annual results on Monday. It is expected that the results will show the bank to be back to pre-crash levels, with a dividend forecast of just over 3 per cent. ● Carrefour will report full-year results Thursday. The focus of the market is likely to be on management [...]
SPREADBET NEWS February 27, 2011 ● IG Index is now offering clients the ability to deal directly on the monthly US non-farm payroll figure. These figures already trigger one of IG’s busiest dealing periods, with an average of 5,000 trades within a minute of their announcement. The next figures are due out on Friday. Last month they rose by 36,000, [...]
THE TIPSTER February 27, 2011 FTSE 250 house builder Barratt Developments released a statement that sales have been strong since the start of the year, and losses amounted to £4.6m compared to £178m losses last year. The firm has cut its net debt by 11 per cent to £537m. It is forecast to fall to £400m within a few months. [...]
Triangulating what you see in the charts February 27, 2011 PYTHAGORAS and his chums used to worship triangles. They believed that the magic of numbers was the ultimate in human wisdom. Traders might find they will too, once they learn how to spot a triangle pattern forming on their trading charts, since it is one of the most common patterns to develop before a breakout. [...]
FOLLOW THESE TWO TRADING RULES TO WIN February 27, 2011 CONSULTING ANALYST, INTERTRADER WELCOME to this eight-week course on profitable trading. Let’s begin with a recommendation. “Phantom of the Pits” is probably the greatest trading book ever, and it’s available for free online. Authored by Art Simpson, it is an interview with “The Phantom”, an anonymous super-trader from the pits of Chicago. He is rumoured [...]
Energy stocks rally but RBS leads the FTSE downwards February 24, 2011 UNREST in the Middle East and North Africa hit Britain’s top shares again yesterday, though rising crude prices and upbeat comment from oil major BP on its Indian activities lifted energy stocks. The FTSE 100 closed down 3.55 points, or 0.1 per cent, at 5,919.98, pinned just below a seven-month technical support level of 5,920. [...]
Wall St falls again on Libya concerns February 24, 2011 US stocks fell for a third day yesterday as US crude oil prices hovered near $100 (£61.73) a barrel on violence in Libya. Oil’s sharp rise this week has fuelled worries about the effect of energy costs on consumers and business. US crude oil futures were at their highest since late August 2008, as the [...]
The entrepreneur who has found just the ticket February 24, 2011 IAM worried about the Olympics.” Joe Cohen, the founder and CEO of Seatwave, leans forward to explain. “They are capping the cost of all the tickets at face value, which is a stupid idea. It’s simple economics that whenever you have a situation where demand exceeds supply and you have a price cap, a black [...]
UK GRADS ARE NOT MOTIVATED FOR REAL WORK February 24, 2011 FOUNDER AND CEO OF LINKDEX WE’RE on the receiving end of a tidal wave of bad news about the economy. From government debt, to the jobs shortage and rising fuel prices. This, however, doesn’t worry me. What worries me – no, terrifies me – is the way we have, in the last 12 years, managed [...]
ENTREPRENEURS NEWS | IN BRIEF February 24, 2011 A Dragon in Romania The founding Dragons’ Den panellist Doug Richard has been drafted in by Romania’s Post-Privatisation Foundation (PPF) to deliver an intensive training course which aims to help Romanian entrepreneurs turn their ideas into fast-growth successful businesses. The program will train 250 Romanian entrepreneurs and thanks to the PPF, the School for Start-ups [...]
