ADVFN Morning London Market Report: Monday 24 April 2017

© ADVFN
24 Apr 2017 @ 10:38

London open: Stocks push higher amid French election relief London stocks rallied in early trade, tracking their European counterparts amid expectations that centrist Emmanuel Macron will beat off far-right nationalist Marine Le Pen in the second round of the French election. At 0825 BST, the FTSE 100 was up 1.8% to 7,243.81. Meanwhile, the pound […]

 

Guardian Stockbrokers Key Economic News Monday 24 April 2017

24 Apr 2017 @ 09:21
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK retail sales advanced less than expected in March On an annual basis, retail sales climbed 1.70% in the UK, in March, lower than market expectations for an advance of 3.30%. In the previous month, retail sales had climbed 3.70%. UK retail […]
 

TClarke – Worries

22 Apr 2017 @ 11:32
TClarke (LSE:CTO) currently has a low share price relative to its average earnings through the last decade. It shows no signs of financial distress and is built on solid industrial foundations with some reputational and relationship advantages. However, there are some dangers we need to be aware of. Building downturn The company is dependent on […]
 

US Bank Revenues Soar on Stellar Trading

21 Apr 2017 @ 10:31
Investors are all too aware of Trump’s intentions to make America great again. Plans to repeal Obamacare, push through ambitious tax reforms and kick start the US economy through increased infrastructure spending and de-regulation have been reported on again and again. On the back of this, we saw the now famous ‘Trump Trade’ develop and […]
 

ADVFN Morning London Market Report: Friday 21 April 2017

21 Apr 2017 @ 10:29
London open: Stocks nudge higher ahead of retail sales; Paris shooting in focus London stocks nudged higher in early trade as investors eyed the release of UK retail sales figures and digested the terror attack in Paris late on Thursday, with earnings also in focus. At 0830 BST, the FTSE 100 was up 0.2% to […]
 

Guardian Stockbrokers Key Economic News Friday 21 April 2017

21 Apr 2017 @ 10:28
The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone construction output climbed in February In the Euro-zone, the seasonally adjusted construction output rose 6.90% in February on a monthly basis. Construction output had registered a revised drop of 2.40% in the previous month. Euro-zone consumer confidence index rose in April […]
 

TClarke – Business prospects

21 Apr 2017 @ 09:55
TClarke (LSE:CTO) suffered in the Great Recession, but generally continued to produce profits, and always sent dividends to shareholders. The directors made the decision to take the hit on profit margins when tendering for work, which kept the business ticking over and kept the employees in work (the CEO and the MD were once apprentices […]
 

Will the pound extend its election gains next week?

21 Apr 2017 @ 09:46
After an explosive start to the week pound fluctuations have been fairly minimal, with the currency managing to hold on to the multi-month highs achieved after Tuesday’s election announcement. GBP/EUR began the week around €1.1790 and looks set to close it above €1.19, GBP/USD is up from $1.25 to $1.28, GBP/AUD is riding high at […]
 

TClarke - Piotroski factor analysis

20 Apr 2017 @ 11:24
Companies on unusually low cyclically adjusted price earnings ratios, CAPEs, often have a string of losses combined with years of accumulating debt, making them vulnerable to financial stress, and ultimately bankruptcy. It is important to examine this issue for TClarke (LSE:CTO). I’ll use Piotroski’s nine accounting variables. Is the company profitable? In the year to […]
 

ADVFN Morning London Market Report: Thursday 20 April 2017

20 Apr 2017 @ 10:51
London open: Stocks little changed as investors sift through corporate news London stocks were little changed in early trade, while the pound held firm against the dollar as investors sifted through corporate news. At 0830 BST, the FTSE 100 was up 0.1% to 7,118.56, while the pound was 0.3% higher against the dollar at 1.2825. […]
 

MINING, OIL AND GAS

Annual Trading Forecast for BP (2017)

19 Apr 2017 @ 14:09
BP shares (NYSE:BP) are not attractive right now because the market has been quite choppy. It is better to stay aside until the market assumes a directional movement. 4 EMAs are used for this analysis, and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the […]
 

Annual Trading Forecast for Chevron (2017)

19 Apr 2017 @ 14:01
Chevron stock (LSE:CVX) is a bear market; being in a downtrend. The uptrend that was seen in November and December 2017 ended at the beginning of this year. Price has gone south this year, having broken below the lower Trendline. The RSI period 14 is below the level 40, showing the bears have upper hands […]
 

Annual Trading Forecast for Exxon Mobil (2017)

07 Apr 2017 @ 14:47
Exxon Mobil stock (NYSE:XOM) is an equilibrium market at the present. This equilibrium phase is February, following the massive sell-off that was witnessed in January 2017. Price is currently located within the upper and lower Trendlines, and a rise in momentum is expected any week from now, which would push price outside the Trendlines. The […]
 

Monthly Technical Reviews for Gold, Silver and Bitcoin (April 2017)

04 Apr 2017 @ 11:36
GOLD (XAUUSD) Dominant Bias: Bullish Gold is now a bull market, which is supposed to continue for some time. The bullish trend that has started on Gold since the beginning of this year came under attack from February 27 to March 14. Price reached a low of 1194.73 in March, and then moved upwards by […]
 

GLOBAL NEWS

Daily analysis of major pairs for April 24, 2017

23 Apr 2017 @ 23:59

The EUR/USD went upwards last week, reaching the resistance line at 1.0750. The upwards movement was not significant enough to bring about a Bullish Confirmation Pattern in the market, unless the resistance line at 1.0800 is breached to the upside. The bearish correction that was experienced on Friday may bring good opportunities to go long […]

 

Weekly Trading Forecasts for Major Pairs (April 24 - 28, 2017)

23 Apr 2017 @ 12:04
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair trended upwards last week, briefly went above the resistance line at 1.0750, and then retraced southwards. There are support lines at 0.0700 and 0.0650, which may attempt to impede any bearish attempts this week. The bearishness in the market still holds, until […]
 

Turkish Referendum Result Will Not Fix the Economic Dilemma

18 Apr 2017 @ 11:14
If the regulatory body that oversees Turkey’s voting process, YSK approves Erdogan’s victory, it is no doubt that it will lead to more authoritarianism without fixing any economic complications. In fact, Turkey’s economy and the economic forecasts do not look dazzling.The investors are worried about Central Bank’s independence as Erdogan has made no secret about […]
 

Daily analysis of major pairs for April 17, 2017

17 Apr 2017 @ 00:54
The EUR/JPY dropped 270 pips last week – having dropped roughly 730 pips since March 13, 2017. Our targets for last week were exceeded, as price closed below the supply zone at 115.50, aiming at the demand zone at 115.00. The targets for the next several trading days are located at the demand zones at […]
 
 
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