24th January 20
WTI $55.59 -$1.15, Brent $62.04 -$1.17, Diff -$6.45 -2c, NG $1.93 +2c Oil price The short week will end down as a combination of factors identified yesterday remain in place. The only...
Read More13th January 20
WTI $59.04 -52c, Brent $64.98 -39c, Diff -$5.94 +13c, NG $2.20 +4c Oil price Oil ended down last week as suspected, with little further reaction likely after Iran had to admit liability...
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13th January 20
This blog has regularly provided an update on what has been occurring in financial markets and, as we move into a new decade, it may be helpful to follow up the previous article dated 3 October...
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3rd January 20
Gold has been steadily grinding higher since November and this has come in a period where stock markets in the US have hit all-time highs. What does this mean? Do traders and...
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18th December 19
So there you have it, I dont like to say I told you so but well...... UK financial stocks have fallen back after Boris threatens to go for a hard Brexit again. But all is not lost! ...
Read More18th December 19
Rockhopper Exploration In what may be the last Egypt update from RKH before UOG take over the company report on ASH-2 where 50m of net oil pay are indicated. MDT pressure data indicates the...
Read More17th December 19
There was a recent price decline in shares of Cineworld after the Co. announced the plan to acquire Cineplex for C$34 per share in cash. Since then there has been a very bullish hammer...
Read More16th December 19
So the general election was a massive success for the Conservative party and UK listed companies it seems. The FTSE 250 has edged it in terms of performance but I wanted to focus on a...
Read More13th December 19
WTI $59.18 +42c, Brent $64.20 +48c, Diff -$5.02 +6c, NG $2.33 +9c Oil price Crude will probably end up on the week, Brent is up almost a dollar at the moment despite the usual poppycock...
Read More11th December 19
Copper has moved a leg higher and taken out some key levels. The base metal has had a positive note from China as imports are on the rise and LME inventories continue to decline. The softer USD has...
Read More11th December 19
WTI $59.24 +22c, Brent $64.34 +9c, Diff -$5.10 -13c, NG $2.26 +3c Oil price Its quiet at the moment, the trade talks deadline is Sunday but there is precedent for last minute changes and...
Read More10th December 19
The FTSE 100 has moved lower in the range once again. Below is the daily chart and just when it seemed like the price might start moving higher yesterday an indecision Doji candle appeared. Then...
Read More9th December 19
WTI $59.20 +77c, Brent $64.39 +$1, Diff -$5.19 +23c, NG $2.33 -9c Oil price With no company news on Friday I was justified in waiting for the day, as the best news came from Opec late in...
Read More5th December 19
As the regular readers will know I am not a fan of High St. stores at the moment but this stock has caught my attention. The issues with the M&G commercial property fund have highlighted how...
Read More4th December 19
Macro The FTSE 100 has been in free fall over the last couple of sessions but today we have seen a small retracement. Key issues surrounding the US-China trade deal sent...
Read More3rd December 19
Superdry - Some momentum is gathering here After a torrid 2018 maybe Superdry is on the mend. Last year the stock fell around 83% from around 2091.8p to a low of 354p. Since then there has...
Read More2nd December 19
WTI $55.17 -$2.94, Brent $60.49 -$2.78, Diff -$5.32 +16c, NG $2.28 -22c Oil price A number of factors conspired to give the oil price a hefty knock downwards on Friday but the month still...
Read More29th November 19
Macro It was a short week in the US, with Thanksgiving adding a buzz to the short working week for money, though the markets were not short of drama. Yes, once again the US...
Read More29th November 19
WTI $58.11 n/c (Thanksgiving), Brent $63.87 -19c, Diff -$5.76 -19c, NG $2.46 -4c Oil price Expect little and you won’t be disappointed, yesterday trade was down across the board as...
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28th November 19
Having started the week with a somewhat fantastical view of the Labour manifesto, it only seems fair to offer some coverage over the plans laid out by the Conservatives, especially in light of the...
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