A good question. To answer it we need to look at the two markets that are featuring heavily in December. With China and emerging markets hanging out in the background, it’s the US and Eurozone that are top of the bill. The Euro rallied prior to today’s disappointing ECB announcement both on technical grounds and…
2 December 2015 Shares in business management software maker Sage Group (SGE) are bearing the brunt of the bears today despite in-line FY results and thus underperforming a still rallying UK Index . However, at first glance it would appear that share price technicals are the culprit rather…
1 December 2015 UK banks shares are in celebratory mood this morning in the wake of the latest round of Bank of England (BoE) stress tests. This comes from suggestions that the central bank is set to ease capital pressures on the sector after years of post-crisis reform…
27 November 2015 This week I had the same conversation with several clients. Asked whether the UK Index could get back to 6400, each time I answered that ‘yes it could’. Of course it could, it’s binary (it might, it might not), however, this was enough to satisfy the many clients who wanted to buy…
Last year we saw the UK Index house builders have a good few days following George Osborne’s autumn statement in which stamp duty reforms were announced to the benefit of those with less than a million pounds to spend. With the tax again part of this year’s statement, UK 100 house builders were again in…
Last year we saw the UK Index house builders have a good few days following George’s autumn statement in which stamp duty reforms were announced, and stamp duty was again part of this year’s statement. House building stocks were all well in the blue before the Osborne took the stage but quickly retraced half their gains…