It’s a beautiful morning and you sit down to scour the markets for an exciting new trade. You see a stock fall sharply at the open. Is this a good time to buy, or should you wait for the stock to bounce off support? Sometimes shares fall due to a panic overreaction. Therefore, they become…

Many investors find trading a range to be a reliable trading strategy. It’s simple: look at the chart and find a share price that has bounced between two major levels several times. Buy low, sell high. Easy. The strategy is very straightforward, which is why so many traders use it. They can confirm a proper range by…

Banks are like any company whose shares you can trade. Their goal is to maximise revenues, while minimising costs to grow profits and pay dividends. The set-up is similar to non-financials, even if the terminology may differ. So when looking at financial statements on the banks, what should you be looking for in terms of numbers…

The UK 100  remains in a short-term falling channel, closer to the bottom than the top of a longer-term post-Christmas 6975-7350 rising channel. This week’s 7040 low equates to a 3% pullback from recent 7260 highs, consolidating the 11% rise from December’s 2018 lows of 6600. However, it has yet to revisit the channel floor…

You’ve heard the old saying: “What’s good for the goose is good for the gander”. What moves some shares, can also push other shares higher or lower. Traders call this “read-across”. Read-across can come from many sources. Corporate results from sector peers, economic data and political headlines can all produce such reaction. But not all…

This week sector giant Rio Tinto reported 2018 full year results. Investors in the Miners liked the sound of profits of $8.8 billion, up 2%, which also beat consensus expectations by 2%. Management focus is now on Iron-ore value rather than volume given supply disruptions. Steel remains resilient. And it has found a new gold deposit….