TECHNICAL ANALYSIS GURU August 15, 2010 CHIEF TECHNICAL ANALYST sandy.jadeja@cityindex.co.uk Q. Dear Sandy, what are market phases and how do I recognise them? A. As you might remember, we have discussed how traders can be on the “right side of the market”. If we could trade by being correct all the time, then life would be so much easier. However, trying [...]
Watch out for negative reaction to an MPC split August 15, 2010 MARKETS are expected to open marginally lower this morning on a weak US lead from after the close on Friday, and amidst trepidation ahead of an active economic calendar for the coming week, as talk grows of a double dip recession in the UK. GFT is calling the FTSE 100 index to open down 5 points at [...]
WALL STREET WEEK AHEAD August 15, 2010 US INVESTORS will brace for further signs of weakness in the economic recovery this week as earnings from key retailers are expected. Industrial production, housing starts and inflation data will come under scrutiny as well, after stocks on Friday wrapped up their worst week in six. Wal-Mart is expected to announce results this week along [...]
Eastern lights: Asia’s sleepless city August 15, 2010 A BRILLIANT meeting of East and West, it offers an unforgettable introduction to the Orient, and is the perfect place to explore a different culture while taking in the rugby at the Hong Kong Sevens (and, for the sports-mad, the golf at the Hong Kong Open Championship and the horse-racing at Happy Valley). Or just [...]
Rugby and more: Hong Kong Sevens August 15, 2010 THE end of March marks the time when the rugby nations come to town for three days of non-stop action on the pitch at the Hong Kong stadium near Happy Valley. Off-pitch it’s a non-stop party in the stands, where crowds of supporters from around the world decked out in all manner of fancy dress [...]
Reina howler lets Gunners off the hook August 15, 2010 LIVERPOOL (1) vs ARSENAL (1) LIVERPOOL boss Roy Hodgson refused to blame Pepe Reina after the goalkeeper’s late howler ensured Arsenal shared the spoils of an absorbing Premier League opener at Anfield. Reina spilled the ball into his own net during stoppage time, just as it seemed David Ngog’s strike would hand Hodgson a major [...]
Liverpool board won’t be rushed into selling club August 15, 2010 LIVERPOOL managing director Christian Purslow concedes the club needs to be sold urgently but has warned they will not be pressured into rushing a deal. Chinese businessman Kenny Huang and Syrian Yahya Kirdi have both held discussions about buying the Reds from American pair Tom Hicks and George Gillett. But doubts have been raised about [...]
Great Scot Masters Federer August 15, 2010 BRITAIN’S Andy Murray boosted his hopes of finally breaking his Grand Slam duck at the US Open by successfully defending the Rogers Cup last night. Murray beat Roger Federer 7-5, 7-5 in Toronto to become the first man to win the Canadian Masters series event in successive years since Andre Agassi in 1995. The Scot’s [...]
FA: Next England boss will be English August 15, 2010 ENGLAND chiefs have fuelled speculation over who will succeed Fabio Capello by confirming that the next manager of the national team will be an Englishman. Capello, already under pressure following a dreadful World Cup campaign, attracted fresh criticism last week for clumsily declaring David Beckham’s international career over. Team England managing director Adrian Bevington admits [...]
Cook backed to serve up improvement as selectors stick with winning team August 15, 2010 ENGLAND selector Geoff Miller admits Alastair Cook’s current struggle with the bat has plunged the opener into the biggest challenge of his career. Cook has only scraped 41 runs from the first two Tests against Pakistan, and juts 100 in total from his last seven matches. His toiling at the crease has even led some [...]
