THE TIPSTER AIRLINES, ENERGY, NEWS AND BOOKIES April 11, 2011 RISING fuel prices and the ongoing threat of industrial action at its British Airways division is making it a difficult time for International Consolidated Airlines, despite last week’s encouraging traffic figures. Clearly any progress in the Libya situation may help ease oil prices and in turn give the sector as a whole something of a [...]
Euro fears to take edge off FTSE rally this week April 10, 2011 SURGING commodity prices spurred UK shares on to another weekly gain on Friday, and a seven-week high for the blue-chip FTSE 100 index. Yet we expect the market to take a hit on th open this morning, with focus shifting back towards Europe. In out-of-hours trading, GFT is forecasting the UK index to open down [...]
WALL STREET WEEK AHEAD April 10, 2011 The upcoming US earnings season may not be the time for investors to buy aggressively, because this year’s winners already reflect earnings optimism. The first-quarter reporting period, which begins today with results from aluminium company Alcoa, follows three months of solid gains that have brought stocks close to two-and-half-year highs. Other top names reporting next [...]
Cleaning up: how selling soap can make millions April 10, 2011 THE 90s recession didn’t really affect me. Well, apart from the fact I couldn’t find a job – that’s why I created one,” says Lara Morgan casually. She describes that job simply as “selling soap.” But more accurately, it was a multi-national hotel toiletry supplier called Pacific Direct that grew into a business that supplied [...]
BUILDING THE BRITISH DREAM TODAY April 10, 2011 PETER JONES ENTREPRENEUR YOU will be familiar with the American Dream – a message that says whoever you are, you can make it if you strive hard enough. What I want to see now is a British Dream, one that shows real people in this country that they can make it too. Building a British [...]
Portugal’s economy is losing its bottle April 10, 2011 PORTUGAL surprised nobody when it became the latest of the debt riddled periphery Eurozone nations to go cap in hand to the EU in search of a bailout. The country’s interim government sought external aid after the bond auction on Wednesday sent the yields on 6 and 12-month bonds to new highs. The Portuguese capitulation [...]
THE TIPSTER April 10, 2011 IMPERIAL Tobacco has been trending upwards since the end of March despite underperforming others in its market. Analysts at UBS have rated the stock a buy with a price target of £21.40 based on potential earnings growth. Technicals suggest possible upside as the moving average convergence-divergence (MACD) is positive and above its signal line and [...]
THE WEEK AHEAD April 10, 2011 COMPANY NEWS • Today, Alcoa reports its first quarter earnings. This will give traders indications to what extent higher commodity prices are feeding through into profits. Alcoa is the world’s largest miner of bauxite and refiner of alumina. • Also today, beleaguered BP will host an EGM, while on Thursday it will have to face [...]
The art of controlling your emotions while you trade April 10, 2011 THE tortured artist Vincent van Gogh left a useful piece of advice for traders: “Let’s not forget that the little emotions are the great captains of our lives and we obey them without realizing it.” Although unable to control his own emotions, van Gogh understood the importance they play in all our actions. To be [...]
FUNDAMENTAL FACTORS CAN’T BE FORGOTTEN April 10, 2011 SHAI HEFFETZ HEAD OF INTERTRADER.COM TECHNICAL analysis is by far the strongest tool in my trading belt, but my experience has taught me that it is not enough on its own. The real world, the one fundamental analysis is based on, should have an impact on the decision-making process of a trader. The validity of [...]