BILL OF THE WEEK April 17, 2011 Four bankers chose City favourite 1 Lombard Street to celebrate a deal in a low-key fashion, opting for the reasonably priced set lunch at £24.50. However, their restraint went out of the window when they spotted the wine list and, before they knew it, they had ordered some “superlative” bottles from the 1 Lombard Street [...]
FTSE to break through 6,000 on M&A rumours April 17, 2011 ALTHOUGH clearly nervous around the psychologically significant 6,000 barrier, London’s blue chip index looks set to build on Friday’s gains, with defensive stocks providing the momentum. In 24-hour trading, GFT is forecasting the UK index to open up 20 points from last week’s close, at around 6,016. The German DAX is quoted to open up [...]
WALL STREET WEEK AHEAD April 17, 2011 Earnings could make for a bumpy ride in US stocks this week if more key companies undershoot expectations, possibly causing a spike in volatility. Disappointments from Alcoa, Google and others in the first week of earnings have dampened some of the enthusiasm about results, ensuring that eyes will be glued to reports in the coming [...]
Use ATR in setting stops April 17, 2011 TO KEEP out of the red, traders need to watch out for market volatility. Average True Range (ATR) is a handy weapon in the trader’s arsenal, helping to determine where to set good stop losses. ATR is simply the average difference between highs and lows over a user specified period, explains Malcolm Pryor of www.spreadbettingcentral.co.uk, [...]
SIMPLICITY IS SOMETIMES A TRADER’S ALLY April 17, 2011 CONSULTING ANALYST, INTERTRADER FOR some, trading is an academic endeavour. For others, it is a daily battle they relish and look forward to. When I started out, I thought it was the best job in the world. Today, I have to admit I am sometimes sick of trading. I don’t know what else I would [...]
Golden touch as the markets shy from euro debt instability April 17, 2011 FOLLOWING the news of spiking Irish and Greek bond yields there are growing fears that at least some periphery Eurozone countries will have to restructure their debt. Spread betters looking to take a position on the fortunes of Ireland and Greece, as well as their fellow periphery nations, should look to gold as an (inverse) [...]
THE WEEK AHEAD in association with GFT April 17, 2011 COMPANY NEWS ● On Tuesday, RBS will hold its AGM. The Treasury, on behalf of British taxpayers, still owns the majority of its shares. ● Tesco will report on Tuesday. Every little helps. Fellow FTSE 100 companies Reed Elsevier and Hargreaves Lansdown will be posting first quarter and third quarter results respectively. It’s a busy [...]
THE TIPSTER April 17, 2011 EARNINGS get into full swing this week. Tomorrow sees retail giant Tesco reporting its prelims. Most retail stocks have had it hard recently, with profit warnings being issued left right and centre, but in the last couple of weeks buyers have been attracted back into these stocks, believing the weakness presents a buying opportunity. Capital [...]
Head out of London to the new generation of old hotels April 17, 2011 GRAND old mansions, it’s obvious to say, make terrific hotels. History, character, beauty, location – they’ve got ‘em, and tourists want ‘em. However, the formula has become more than a little staid in a few places, and a bit of shaking up is always welcome. It was the opening of Hampshire’s Lime Wood a year [...]
THINK ROOMS… with LateRooms.com April 17, 2011 THE KINGS HEAD Main Road | Hursley | Winchester | SO21 2JW Enjoy the warmest of welcomes at this gorgeous Georgian coaching inn. The Kings Head is located in the historic village of Hursley and oozes real character and atmosphere. Each room is individually designed, boasting antique furnishings and feature fireplaces, and food lovers will [...]
