Betting on merger deals demands nimble trading September 6, 2010 WITH global mergers and acquisitions (M&A) on the rise and 2010 already being hailed as a blockbuster year, it might seem easy to benefit from sudden equity gains on the back of deals. But despite the impressive stock swings in response to M&A news, traders should be wary. Betting on deals that might not happen [...]
DON’T BANK ON FURTHER S&P RALLIES September 6, 2010 CFD MARKET STRATEGIST, GFT SEPTEMBER kicked off with impressive rallies on global equities. It was certainly a “risk on” start to the month and echoed the market moves that we saw back at the beginning of August. In fact, the S&P has already made back all its August losses and more. But last month’s initial [...]
Food inflation to benefit UK supermarkets September 6, 2010 UPWARD pressures on food prices appear to be here to stay. Global demand is increasing while droughts and fires last month hit harvests in Russia and Ukraine. Market researcher Kantar Worldpanel anticipates that UK grocery inflation will rise to an annualised 4 per cent by the end of 2010 from its current rate of 2 [...]
DO YOU THINK MORRISONS’ SHARE PRICE WILL RISE FURTHER AND IF SO WHY? September 6, 2010 JAMES MONRO | S&P EQUITY RESEARCH The share price is likely to stay flat, although it could edge slightly up. Our target is 315p over the next year. The management is not expected to announce much at the interim results, which may disappoint investors. KEITH BOWMAN | HARGREAVES LANSDOWN The consensus is that Morrisons’ shares [...]
THE TIPSTER September 6, 2010 NOW that the search is on for a replacement for John Bond, chairman of Vodafone, investors might start to see the stock as more attractive. One possible replacement is Roger Carr. His vast experience and enviable CV, including having aided the sale of Cadbury to Kraft, could mark a refreshing shake up for the telecommunications [...]
US stocks rally should lead to seventh FTSE gain September 5, 2010 THE rally in US stocks to close at session highs on Friday should set London’s blue chip share index up for its seventh consecutive session of gains today. GFT is quoting the FTSE 100 index to open up 16 points from Friday’s close, at a level of 5,444. The German DAX 40 is expected to [...]
WALL STREET WEEK AHEAD September 5, 2010 US stocks could start this week with investors feeling a bit more optimistic about the economy, due to a stronger-than-expected jobs report, making further market gains more likely. Friday’s nonfarm payrolls report was the latest of the week’s data to suggest the economy may not be headed for another severe downturn, as many investors have [...]
FTSE reshuffle offers traders tight spreads and volatility September 5, 2010 THE quarterly reshuffle of the FTSE 100 is due this Wednesday after the market close. Companies will be thrown into or out of the financial first division and spread betters should be ready. The changes can spark both immediate volatility and longer-term opportunities upon which traders can capitalise. The review ensures that the UK’s leading [...]
Three stop losses to protect profit September 5, 2010 THE markets are going through a volatile period, offering opportunity to spread betters, but also dangers. Traders should not be deterred by the risks but this is a good moment to revisit the tools that can help. Stop losses are an essential insurance policy, guarding against runaway losses if the market suddenly swings against you. [...]
THE TIPSTER September 5, 2010 WITH gold trading at $1,246, it feels like it has already had most of its upside factored in. Silver looks much more attractive at $19.72, which is well off its highs of $21.35. WorldSpreads offers a $19.71-19.74 spread. It has been a difficult time for food delivery firm Ocado since its flotation, with shares falling [...]
