Friday 11 December Shares in south Africa exposed Old Mutual (OML) and Investec (INVP) remain firmly in the dumps today, down another 7-8% on worries about the fallout from President Zuma’s surprise ousting of respected finance minister Nhlanhla Nene (trying saying that quickly after a few Christmas drinks)….
US pre-open: Wall Street’s Thursday gains set to be undone Digital Look / Sharecast – 11 Dec http://www.digitallook.com/news/market-report-us-pre-open/us-pre-open-wall-streets-thursday-gains-set-to-be-undone–962031.html American Markets Outlook: Dow Jones – 11 Dec “In focus today will be U.S. retail sales seen advancing in November and producer price inflation showing a welcome easing in deflationary…
9 December 2015 Shares in equipment rental group Ashtead (AHT) are up 7% again after latest results, testing the upper boundary of a 4M rising wedge after bouncing strongly from the floor to tease us with a potential breakout. Investors are pleased as punch with a Q2 results statement…
In spite of what many may tell you, trading isn’t as tough a task as you think. The reality of the situation is that all anyone needs in order to succeed in trading is knowledge. Knowledge is key to all that takes place with the stock market, with those who use it better than others…
8 December 2015 Commodity prices continue to fall, looking like they’d prefer to be back in the ground themselves and…
A stubborn Saudi Arabia & fellow cartel member producers decided not to curb crude oil output. Surprised? Neither were we. But what follows from Friday’s OPEC meeting is that crude oil prices will remain lower for longer, and essentially range bound, since no one wants to work together to relieve oil’s woes. Falling oil prices…