17 Dec You’re welcome to, but I won’t be, because I like to not be thinking about that stuff while trying to digest a double helping of sprouts. But for those of you considering it, bravo! Because Christmas is home to the Santa Rally – one example of a seasonal market phenomenon. Why do stock…
17 December 2015 Investors in specialty chemicals focused Elementis (ELM) are failing to benefit from the Fed-hike led global rally, dropping back below the key 230p level after a disappointingly bearish full-year pre-close trading statement containing explicit reference to challenging markets, continued currency headwinds and unfortunate need to…
December 14 2015 With returns from healthcare R&D halving to multi-year lows according to Deloitte it makes sense that consolidation is rife within a sector that spends dearly for the ‘chance of a chance’ of success, years in advance of any likely revenue generation. This despite drug approvals at their highest…
11 December All major trends are punctuated by minor corrections which can retrace as much as 2/3 of the preceding move. That goes for both uptrends and downtrends. So with the markets currently trending down in the medium term, not only can you bank profits by trading short, you can also bank them by trading…
December 11 2015 The fact I’m writing this could be a sign that the declines are over, but I’d be doing clients a dis-service if I didn’t deliver my regular gentle reminder. When markets look toppy, stocks overbought or when things are falling as they are, one…
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)….