Labour can’t even organise a proper plot January 7, 2010 HOW incompetent can you be? If the Labour Party had any sense, it would remove Gordon Brown as soon as possible; all the polls show that Labour would gain at least some ground with any half-decent alternative leader. A change at this late stage is what the Tories dread the most. Instead, we had the [...]
Labour can’t even organise a proper plot January 6, 2010 HOW incompetent can you be? If the Labour Party had any sense, it would remove Gordon Brown as soon as possible; all the polls show that Labour would gain at least some ground with any half-decent alternative leader. A change at this late stage is what the Tories dread the most. Instead, we had the [...]
RFU chief Andrew hits back at Saracens’ Venter January 4, 2010 ELITE rugby chief Rob Andrew has leapt to the defence of Premiership referees after Saracens boss Brendan Venter’s criticism of current standards of officiating. The South African could be charged for bringing the game into disrepute following comments made about the referee after Saracens’ 22-15 defeat to Leicester on Saturday. Venter was unhappy with David [...]
RISING YIELDS TO UPSET THE RECOVERY December 14, 2009 DAVID MORRISON CFD MARKET STRATEGIST, GFT JUST over a week ago we had a non-farm payroll number which blew away all analysts’ expectations. The reaction in the financial markets was sharp, with the dollar, bond yields and equities all shooting higher. While this was a rational response to good numbers, it wasn’t the reaction we [...]
US JOBS DATA STRENGTHENS HAWKS’ CASE December 7, 2009 DAVID MORRISONCFD MARKET STRATEGIST, GFT FRIDAY’S non-farm payroll report was, on the face of it, a really positive piece of news to take us up to the end of the year. Although 11,000 jobs were lost in November, this was the lowest number of losses for two years. On top of that, there were hefty [...]
BEST OF THE BROKERS December 6, 2009 WM MORRISONGalvan Research says that plenty of time has now elapsed at Wm Morrison to allow the shares to absorb any doubts over a possible like-for-like sales slowdown, and the surprise departure of Marc Bolland. It says the stock is holding up well within striking distance of year highs, and there is every likelihood the [...]
THE TIPSTER TESCO COMES UNDER SELLING PRESSURE December 6, 2009 THERE’S no doubting supermarket Tesco’s market dominance nor its ability to make billions of pounds worth of profit. But its share prices has come in for a little profit taking ahead of its third quarter sales, which are due tomorrow. From a technical point of a view, the chart suggests that a head and shoulders [...]
NIKKEI INDEX STRUGGLING TO ADVANCE November 30, 2009 DAVID MORRISONCFD MARKET STRATEGIST, GFT WHILE US stock indices look relatively buoyant, there are a number of major global markets that are currently struggling to make further headway. In Europe, the French CAC 40, Spanish Ibex and German Dax are trading in tight ranges and failing to break above resistance at significant retracement levels. Meanwhile, [...]
Concern over Dubai’s debts takes toll on Britain’s shares November 26, 2009 Britain’s top shares ended at a three-week closing low yesterday, pressured by hefty falls in the banking sector as concerns over Dubai’s ability to pay its debts took a toll on confidence. The FTSE 100 ended down 3.2 per cent, or 170.68 points, at 5,194.13, its lowest close since November 6, and losses on the [...]
SMALL CAPS SHOW MAIN STREET WOES DAVID MORRISON November 23, 2009 WHILE many stock indices in the US and Europe hit fresh yearly highs last week, a flick through the charts points to a loss of upward momentum. The trend for most major indices remains positive, but despite a strong rally following the dip at the end of October, the markets are looking tired. Focusing on [...]