Official timekeeper for 2012 finds too many brand benefits to count December 13, 2011 COUNTDOWN TO THE LONDON 2012 OLYMPIC GAMES 226 DAYS TO GO Omega’s president Stephen Urquhart explains why it will be keeping time in London once again Q. What was your brand’s primary reason for being involved with the Games? A. Omega first served as Official Olympic Timekeeper at the 1932 Los Angeles Olympic Games and [...]
FTSE tumbles as doubts over Eurozone deal take their toll December 12, 2011 Britain’s FTSE 100 fell in light volume yesterday, with investors selling riskier banking and mining assets as analysts concluded that the lack of detail in a European deal on fiscal union left question marks over its long-term plausibility. London’s blue-chips fell 101.35 points, or 1.8 per cent, to 5,427.86, erasing Friday’s 0.8 per cent rise, [...]
Wall Street slides on European fears December 12, 2011 US stocks tumbled yesterday, as concerns about Europe returned to the forefront after major credit ratings agencies warned that European leaders had not done enough to tackle the region’s debt crisis. The decline was broad. All ten S&P industry groups ended in negative territory, and most dropped more than one per cent. Banks took the [...]
Filtering out the noise to help measure trends December 12, 2011 THE use of moving day averages is a very simple idea. By taking an average of the price over a certain period of time, you can concentrate on long-term trends. The most common time frames used by traders are the 200-day, 100-day, 50-day and 10-day moving averages. “The shorter the time span, the more sensitive [...]
WE’RE BACK TO SQUARE ONE FOR S&P 100 December 12, 2011 WE’RE rapidly approaching the year-end and analysts are busy finessing and publishing their 2012 outlooks. With just a couple of weeks to go before we can consign 2011 to the dustbin of history, it is probably useful to have a brief look back at how some of the major financial markets behaved over the past [...]
FTSE sees big intra-day swings on varied reports December 11, 2011 WE continue to experience big intra-day swings in equity markets. Last week, the FTSE 100 broke above resistance at 5,600 (the 61.8 per cent Fibonacci Retracement of this year’s May-to-August sell-off) on three separate occasions. It went on to briefly test resistance at its 200-day moving average around 5,630 although it fell back sharply from [...]
WALL STREET WEEK AHEAD December 11, 2011 ON top of Eurozone debt troubles, Wall Street now has to worry about sagging sales from Europe as a recession in the region seems more likely. Warnings from companies such as chemical maker DuPont and chip maker Texas Instruments suggest the crisis may already be taking its toll on corporate America. While holiday shopping has [...]
Testing trading systems December 11, 2011 WHILE sitting in front of a screen, clicking on buy buttons for stocks that you think are about to turn green and selling the ones that you have a hunch are going to turn red is good fun, it is also a quick way to burn through your cash. If you still want to be [...]
THE WEEK AHEAD December 11, 2011 COMPANY NEWS ● Betfair Group will announce its interim results tomorrow. The sports-focused online gambling exchange is betting on seeing the numbers in their favour. ● Domino Printing Sciences will announce its preliminary results tomorrow. The company is lasered in on industrial printing equipment. Carpetright, Britain’s largest carpet retailer, will also roll out its preliminary [...]
THE TIPSTER December 11, 2011 THERE was no end to the chaos and disorder in the markets last week as tape bombs from Europe continued to cream most traders’ positions. Crude oil traders seem to have lost their seemingly insatiable appetite to push prices above $100, as they slid back to $98 towards the end of the week – possibly [...]
