Let’s keep this simple. Good news moves prices up and bad news moves prices down. Too many retail investors do not have a trading facility that lets them take advantage of prices moving down – be warned, you will get caught out sooner or later, and it may not be the first time for some…
Next shareholders are 12% better off this morning, helping Marks & Spencer (+4.75%), after another very welcome upward revision to guidance, this time for both sales and profit. Having already been narrowed from ‘-3.5% to +0.5%’ to ‘-3% to +0.5%’ in early August, the revised range for full-year sales growth is now a much more…
Macro observations This week, the calendar has a distinctly British feel as events in the capital have the potential to drive foreign exchange markets. A mixture of both political and macroeconomic factors will play their part in determining whether Sterling can extend its impressive run of form against the US Dollar and recovery against the…
8 Sept Interactive Investor (Link) “In focus today will be UK industrial and manufacturing production, especially after the British Chamber of Commerce’s overnight warning that there was ?No sign? of return to healthier UK economic growth, a weak GBP not automatically translating to an export boom,” said head of research at Accendo Markets, Michael van Dulken….
A ‘dead cat bounce’ can test even the most seasoned of traders. It’s all about making the right decision early and not letting greed get the better of you. This week it was the turn of Provident Financial (PFG) to demonstrate how the rebound from a very sharp drop can be extremely rewarding, but that…
A holiday for us in the UK might mean spending time with family, visiting our favourite place or simply just relaxing. In North Korea, however, it means something entirely different. Over the weekend, the rogue nation is expected to launch another missile which would coincide with its Foundation of the Republic holiday, the date of its…