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UK Index Oil: wheat from the chaff

Energy shares have been battered by the recent oil price fall. Brent Crude has dropped close to 30% from October’s 4-year highs. Not all shares, however, have been under pressure to the same extent. Naturally, commodity prices have a strong impact on oil & gas stocks. With oil -9% this year, all London energy companies are thus…

ASOS/Superdry: Retail mayhem

The say clothes maketh the man (or woman). But do they make a fool-proof investment? Not for ASOS and Superdry shareholders today, as both the online fast fashion retailer and casual clothing companies’ shares are down heavily (both as low as -11.5%) following broker downgrades. Why are both fashion retailers struggling today? Is it the…

The UK Index this week – 7 Dec

The UK’s UK 100 (and peer indices) had quite the week. A 475p sell-off (falling channel) was kicked off by scepticism about a 90-day truce in the US-China trade war, keeping alive the possibility of more tariffs and retaliation. Falling oil prices also continued to weigh on sentiment as we moved towards the semi-annual update…

Trading signals – Breakout the bubbly

The “three day rule” says you should wait this long before contacting a date, so as not to scare them off by appearing over-eager. It’s not dissimilar with trading; how long you should wait before jumping on a share price breakout/bounce or breakdown/reversal. Waiting helps confirm, or at least increase the probability, that the move…

Brexit Trading: stocks to move after meaningful vote

This has been a busy week for UK politics and things are about to go up a notch. And I am not talking about some arcane legistlative motions that have no impact on financial markets. This is about as real as it gets for business, stocks and the UK Index . Theresa May’s famous Meaningful…

Director dealings: Boss knows best?

They say that insiders/directors understand a company’s prospects best, that their share purchases/disposals can offer signals to the market when a share price is deemed under- or over-valued. Yesterday was a case in point. Thomas Cook Chairman Frank Meysman made a whopping 50% return in less than 24 hours after buying 373K shares Tuesday for £80K,…

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