Warren Buffett takes an interest in GEICO

23 Mar 2018 @ 12:13

At its April 1976 annual general meeting hundreds of irate GEICO shareholders made their displeasure felt.   They really didn’t want the current executive directors to carry on. Piling on the pressure, insurance commissioners from many states came knocking, wanting to know if GEICO was sufficiently strong to avoid bankruptcy and thus meet obligations to policyholders. […]


ADVFN Morning London Market Report: Friday 23 March 2018

23 Mar 2018 @ 11:33
London stocks fell in early trade on Friday following heavy losses in the US and Asia as financial markets were hit by fresh worries about a trade war after China promised immediate retaliation to the hefty import tariffs levied by US President Donald Trump. At 0845 GMT, the FTSE 100 was down 0.7% to 6,907.34, having tumbled […]

Annual Forecast for Oxford Biomedica (2018)

23 Mar 2018 @ 11:18
Until recently, Oxford Biomedica shares (LSE:OXB) were going upwards, from the beginning of January to March, 2018. Before then, the market was ranging. In the short-term, things are bearish. The ADX period 14 is at the level 30, suggesting a considerable amount of momentum in the market. The DM- is above the DM+ (bulls’ hegemony). […]

USDJPY breaks 105 as trade war heats up

23 Mar 2018 @ 09:16
After much publicity, the US administration announced $60bn of tariffs for Chinese goods. China were quick to respond with a 25% revenge-tax on US pork products (and 15% on US steel pipes, among others) yet chose to cap their retaliation at $3bn. We may be in the early stages of an all-out trade war, but it’s at […]

Guardian Stockbrokers Key Economic News Friday 23 March 2018

23 Mar 2018 @ 09:14
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK retail sales advanced more than expected in February On a MoM basis in February, retail sales climbed 0.80% in the UK, more than market expectations for an advance of 0.40%. Retail sales had registered a revised drop of 0.20% in the […]

ADVFN Morning London Market Report: Thursday 22 March 2018

22 Mar 2018 @ 11:27
London stocks edged lower in early trade on Thursday as investors shifted their attention to the Bank of England, after the US Federal Reserve hiked rates as expected a day earlier. At 0830 GMT, the FTSE 100 was down 0.3% to 7,019.28, while the pound was flat against the euro at 1.1459 and 0.2% firmer versus the […]

What brought GEICO to its knees before WArren Buffett intervened?

22 Mar 2018 @ 09:58
GEICO lost its way terribly in the early 1970s.  It was dreadfully unprofitable because its managers had pushed revenue without paying sufficient attention to likely future claims.  As was the case in so many insurance firms, the leader’s minds were set on volume of deals, neglecting to think much about long-term profits. It was all […]

Is USD volatility about to return?

22 Mar 2018 @ 09:24
US dollar bulls failed to materialise when it was apparent the Fed are veering towards three hikes this year. Yet even if four hypothetical hikes were presented it remains debatable to how long the bullish reaction would have lasted, considering the brewing trade wars, that ‘pesky’ Mueller probe and twin deficits which cloud the dollar’s upside. […]

Guardian Stockbrokers Key Economic News Thursday 22 March 2018

22 Mar 2018 @ 08:51
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK CBI trends selling prices slid in March CBI trends selling prices dropped to 18.00 in March, in the UK. CBI trends selling prices had registered a reading of 25.00 in the prior month. UK ILO unemployment rate surprisingly dropped in the […]

Forex in Focus - USD/CAD

21 Mar 2018 @ 15:31
USD/CAD uptrend has paused at key structural levels. With ongoing trade issues, the FOMC and key Canadian data looming large, we take a technical look at this major. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.


Annual Forecast for Premier African (2018)

23 Mar 2018 @ 11:28
Premier African stock (LSE:PREM) consolidated from October to December 2017, and then dropped sharply in early this year. Price has also been consolidating since then in a tight range. What is now present in the chart is a base, from which price would rise or fall. Now looking at the chart, the market has gone […]

Annual Forecast for Chevron Corp. (2018)

13 Mar 2018 @ 16:13
Chevron Corp. shares (NYSE:CVX) moved northwards from October 2017, reaching a new peak in January 2018, and then plummeted within the same month. Price has gone far below the lower Trendline as bears hold sway. The market is now very rough and choppy, but the bearish movement is expected to continue, following the current weak […]

Technical Reviews for Gold and Silver (March 2018)

01 Mar 2018 @ 17:33
GOLD (XAUUSD) Dominant Bias: Bearish The market has been showing weakness since last week (price dropped more than 1200 pips last week alone). A bullish attempt was made on February 26, but the attempt was later halted as price dived again, laying more emphasis on the recent bearish bias. Price is intent on going further […]

Technical Reviews for Gold and Silver (February 2018)

07 Feb 2018 @ 09:23
GOLD (XAUUSD) Dominant Bias: Bearish Gold is bearish in the short-term, and bullish in the long-term. The second half of December 2017 was very bullish, and the bullishness continued last month. On February 2, price dropped sharply, bringing about a short-term bearish signal. In spite of effort to push price upwards on February 5, bears […]


Daily analysis of major pairs for March 12, 2018

12 Mar 2018 @ 05:04

Daily analysis of USD/CHF for March 12, 2018 USD/CHF There was a commendable bullish effort in this market. The USD/CHF is bullish in the near-term. However, it is neutral in the medium-term and bearish in the long-term. Now, in the short-term, price moved sideways from Monday to Wednesday and then rose on Thursday, becoming bullish. […]


Annual Forecast for Standard Chartered (2018)

09 Mar 2018 @ 04:15
A bearish signal has been generated on Standard Chartered stock (LSE:STAN). Price was bullish from December 2017 to February 2018. However, price has dived recently… It has moved below the EMA 21, and the Williams’ % Range period 20 is now in the oversold region. This a bearish signal in the market.   The outlook […]

Daily analysis of major pairs for March 5, 2018

05 Mar 2018 @ 04:14
Daily analysis of USD/CHF for March 5, 2018 USD/CHF This currency trading instrument is bearish in the long-term, neutral in the short-term, and it is quite choppy at the present. The bearishness in the market has been in place since early November 2017; plus last week was rough. Price rose from the support level at […]

Formal education versus trading skills

02 Mar 2018 @ 02:15
WHY ONLY SORBONNE-EDUCATED, LITERATURE PH.D.S SHOULD CUT YOUR HAIR You get a haircut every few weeks. Everyone does. Men, women, children. Even balding men need a trim occasionally (as I’m finding out, sadly). But what if I told you that you’ve been doing this all wrong? What if I told you that your barber, or […]
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