My colleague Sam got a huge response to his offer last week of help during earnings season. And that’s because he touched on an important subject that affects every trader at some point and goes to show that the devil is indeed in the detail. If you missed his musings or need reminding of what…
6 May http://www.telegraph.co.uk/business/2016/05/06/UK Index -100-wallows-at-one-month-low-ahead-of-us-jobs-data/ http://www.thisismoney.co.uk/money/markets/article-3576576/UK Index -LIVE-Footsie-drops-cautious-trading-ahead-key-jobs-data.html http://citywire.co.uk/money/UK Index -loses-orbit-ahead-of-us-jobs-data/a906189 https://uk.finance.yahoo.com/news/market-overview-miners-down-iron-083700861.html http://www.digitallook.com/news/news-and-announcements–/global-economy-to-sink-below-the-icy-waves-says-socgens-albert-edwards–1153587.html 5 May http://uk.businessinsider.com/oil-prices-on-may-5-2016-5 https://uk.finance.yahoo.com/news/oil-industry-just-got-terrific-074028907.html http://www.thisismoney.co.uk/money/markets/article-3574572/UK Index -LIVE-Footsie-ticks-higher-oil-prices-rally-big-batch-corporate-news-digested-BT-Morrisons-higher.html http://www.iol.co.za/business/international/bhp-shares-sink-amid-shock-over-lawsuit-2017792 http://www.romandie.com/news/Le-petrole-remonte-la-pente-aide-par-les-incendies-au-Canada/700845.rom http://www.zonebourse.com/VALE-SA-6492836/actualite/Le-titre-BHP-continu-de-chuter-apres-les-exigences-bresiliennes-22299774/ https://www.afp.com/en/news/827/bhp-vale-shares-slide-brazil-mining-lawsuit http://www.telegraph.co.uk/business/2016/05/05/UK Index -100-climbs-as-oil-rallies-after-canadian-wildfire-disrupts/ http://www.theweek.co.uk/oil-price/60838/oil-prices-boosted-by-canadian-wildfire-and-libyan-unrest/page/0/42 http://economictimes.indiatimes.com/markets/commodities/news/the-oil-industry-just-got-some-terrific-news-and-now-crude-is-surging/articleshow/52122627.cms 4 May http://www.romandie.com/news/Londres-recule-BHP-Billiton-chute/700499.rom http://www.telegraph.co.uk/business/2016/05/04/UK Index -100-nears-one-month-low-as-miners-fall-on-weak-copper-price/ http://uk.reuters.com/article/uk-britain-stocks-idUKKCN0XV0SW http://www.nasdaq.com/article/european-stocks-little-changed-as-dollar-appreciation-hurts-risk-sentiment-cm615884 https://www.afp.com/en/news/23/brazil-prosecutors-sue-bhp-vale-us43-bn-over-mine-tragedy https://uk.news.yahoo.com/UK Index -hits-three-week-low-miners-extend-losses-085304445–finance.html http://www.iii.co.uk/news-opinion/reuters/news/314141 http://citywire.co.uk/new-model-adviser/news/UK Index -slides-on-bhp-billiton-lawsuit-woes/a905504 http://uk.businessinsider.com/stock-market-update-may-4-2016-5?r=US&IR=T 3 May http://www.theguardian.com/business/live/2016/may/03/australia-slashes-interest-rates-china-uk-manufacturing-factories-live http://www.telegraph.co.uk/business/2016/05/03/UK Index -100-tumbles-after-chinas-factory-activity-shrinks-again/ http://www.marketwatch.com/story/stock-futures-slide-as-fear-creeps-into-the-markets-2016-05-03 http://www.proactiveinvestors.co.uk/companies/market_reports/125489/most-followed-march-of-the-makers-grinds-to-a-halt-125489.html…
BHP Billiton (BLT) is underperforming a weak commodity sector, one which is already under the cosh from a USD rebound, an oil price turning over from its highs and persistent global growth concerns after the latest China data. The reason for it faring worse than peers this morning – echoing losses by its Aussie dual-listing…
Shares in broadband satellite operator Inmarsat (ISAT) are the UK Index losers this morning, taking another painful leg down as shareholders jettison their holdings. It would appear that yesterday’s scrapping of revenue guidance that had only recently been given (early March FY results) is continuing to send a bad signal to investors. Capitulation is never…
It’s back! The return of the 100% Barclays mortgage might bring a new wave of first time home buyers. It should also inspire confidence and concern in equal measure. For seasoned investors and arguably anyone who remembers the last financial crisis (which is hardly anyone, evidently), the fact that it came about as the result of a massive property boom in the…
I just can’t see it happening. I don’t even need numbers to back up my view. After all, both the Leave and Remain camp are having a hard enough time as it is getting us to believe their numbers. Why should I bother making life hard for myself, claiming to have calculated the Brexit impact correctly…