I’m often asked what makes the perfect trade set-up in terms of risk vs reward. But it’s too easy to pick and choose from an abundance of share price charts when you have hindsight on your side. So my answer is always the same. Forget charts and share prices for a moment and let’s go…
Kingfisher shares are top dog on the UK 100 this morning, over 5% to the good after its latest trading update. This despite headline first half like-for-like sales -1.3%, profits -6% and management reiterating a cautious outlook for the second half. Outlook usually trumps everything else (after all, you can’t buy past growth), in which…
Macro observations After a week in which the Pound clawed back gains against peers on strikingly hawkish rhetoric from the Bank of England, it’s the turn of the central bank’s stateside counterparts to update the market, with many expecting a significant policy announcement. But before the Fed takes the spotlight, the Bank of England Governor…
15 Sept Marketwatch (Link) “The market response has been thus far rather muted. Either because we’ve got used to the threats, expected it after recent sanctions led to more aggressive rhetoric, or because Pyongyang kept it local (another intermediate range rather than intercontinental), annoying Japan but not quite goading the West,” said analysts at Accendo Markets…
Next shares are this week’s UK Index star performer (+16%) thanks to another less gloomy outlook from management, allowing guidance to be revised higher for the second time in six weeks. This, coupled with several other observations, has helped the shares over a major hurdle which could trigger a very bullish technical pattern that sees…
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…