3 Nov

Reuters (Link)

• “Those (smaller beats) and the big beats, once you add them all together, makes it actually a fairly good earnings season, hence why markets are where they are,” Mike van Dulken, head of research at Accendo Markets, said.

2 Nov

DigitalLook (Link)

• Accendo Markets analyst Mike van Dulken said that even if the BoE does lift rates, “it won’t really be a 25 basis points hike, more a reversal of last year’s referendum-inspired cut. As much as UK inflation is blowing too hot (3% versus 2% target), this is highly unlikely to signal the start of a Fed-like series of increases, normalising policy from crisis enforced extremes. Not with the uncertainty of Brexit hanging over the UK economy.

1 Nov

Proactive Investors (Link)

• Meanwhile Mike van Dulken, head of research at Accendo Markets, commented: “Bargain hunters are seeing solace in prior 4500p resistance serving as support thus far, potentially acting as a springboard for a bounce.”

31 Oct

Citywire (Link)

• Mike van Dulken, head of research at Accendo Markets, said the resumption of share buybacks was helping to drive the shares higher. ‘Whilst income seekers may be miffed at no increase to the 10 cents per quarter dividend, resumption of a supportive share buyback to offset scrip dividends (shares instead of cash) has been well received,’ he said.

30 Oct

The Armchair Trader (Link)

• Over in the US, equity markets closed higher on Friday as outperforming results from the large Technology stocks boosted the Nasdaq Composite by more than 2%. Accendo Markets analyst, Mike van Dulken noted, “Tech sector strength also lifted the S&P 500 to a fresh record closing high, however results-inspired AT&T weakness spilled over into the wider Telecoms sector, tempering gains.”