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Big tech – FAANG share prices are the ones to watch
Facebook, Amazon, Apple, Netflix and Alphabet (formerly known as Google) have thrown considerable profits the way of traders looking to catch a ride on the Q2 equity market rally. At current price leve
Rishi-nomics – what it means for property sector share prices
The UK chancellor announced another massive increase in government spending on Wednesday and the UK property sector was one of the main beneficiaries. Sunak told MPs the cut meant that 9 in 10 of those buying their main home t
Facebook share price up 13% – trading the boycott, buying the dips
Absolute returns from the Facebook share price might not currently stand up to the more dynamic price moves of market sweethearts such as Zoom and Lemonade. Facebook is at a more mature stage of its business development. Its s
June month-end – get ready to buy the dips
The June month-end is approaching and is causing some analysts to predict a correction in equity prices. The prediction is based on historical data showing larger investors rotating out of equities into bonds and a suggestion
Wirecard scandal – firms and sectors that look set to gain
A suspected accounting scandal at DAX 30 Index member Wirecard has shocked investors who are watching its share price plummet towards zero. The unravelling situation brings the stock into play for short-sellers and bottom fish
Oil firms – short-term pain for long-term gain
Oil giants Royal Dutch Shell and BP have announced plans for large scale restructuring of their operations. Their enormous balance sheets mean they have wriggle room that smaller rivals may not. Strong medicine, ta
Ashtead Group — buy the right dips at the right time
The US-centric, but London listed construction sector operator releases its full-year earnings on Tuesday. In a week of significant news announcements UK services firm Ashtead Group Plc is still making
HSBC – caught in the US-China crossfire
Banking giant HSBC runs the risk of becoming one of the first victims of the fresh outbreak of US-China hostilities HSBC is listed on the London Stock Exchange but generates 55% of its pre-tax profits in Hong Kong
Bitcoin – recent signals that the rally will continue
Bitcoin’s recent price surge has been eye-watering. Those who took long positions at March lows could have more than doubled their money. The ‘halving’, which happened last week, might have been the tr
What to buy now – gold and silver shine, but to varying degrees
Prices of gold and silver have rallied on the back of announcements that have triggered traders to act on established buy-signals. In terms of geopolitical risk, statements from Donald Trump point to increased friction with Ch
What to buy? – The sun is rising in the East
While the coronavirus outbreak continues to dominate the headlines other reports are trickling into the market and revealing trading opportunities. Reports on business sentiment and confidence
US jobs data — disappointing outcome, markets shrug off the bad news
Thursday saw the US release key Initial Jobless Claims data which confirmed unemployment has surged during the coronavirus pandemic. The number of new unemployment claims made in one week was a staggering and record-breaking 3
Gold — trading through the ‘dash to cash’
Gold’s week-long break with normality continues. The traditional safe-haven asset initially rallied due to increasing concern over the coronavirus outbreak. Then on 9thMarch, everything changed. G
New highs – but what is driving the price of gold?
Gold has continued its recent bull-run and the price has topped $1,619 per ounce for the first time since 2013. Up 3.6% at the end of last the week, the metal looks likely to post its best weekly return since August. T
Follow the money — trigger points in the DXY and EUR/USD
Currency markets are seeing significant flows of capital into safe havens. The retreat from Asian markets follows continuing uncertainty over the coronavirus, Covid-19 outbreak. Even short-term ‘panic’ meas
Europa Oil & Gas (EOG) Shares Rise On Launch of Farmout Initiative
Europa Oil & Gas shares are rising on Tuesday after the company launched the farmout initiative of its high-impact exploration opportunity, the Inezgane Offshore Permit, offshore of Morocco in the Agadir Basin. The Inezgane farmout campaign ha
NIO Deliveries Fall Below Rival XPeng Despite YoY Rise
NIO (NYSE: NIO) reported its July 2021 delivery results this morning, and despite a solid year-over-year gain, deliveries declined month on month, falling behind rival XPeng (NYSE: XPEV).Â
Oriole Resources (ORR) Shares Rise As Stream Sediment Sampling in Cameroon Continues
Shares of Oriole Resources (LON: ORR) are gaining on Monday after the company provided an exploration update on the 3,592 square kilometre district-scale licence package in Central Cameroon. The exploration firm said regional-scale mapping and str
Amazon (AMZN) Price Targets Lowered Across The Board Following Revenue Miss
Analysts across the board have lowered their price targets for Amazon in the wake of their lower-than-expected revenue. Despite reporting a $15.12 earnings per share, abo
Oriole Resources (ORR) Shares Down Following Senala JV Update
Oriole Resources said on Thursday that IAMGOLD has completed its Phase 1 drilling programme at the Faré prospect. The drilling programme was for 689.50m diamond drilling and 4,854m reverse circulation (RC) drilling. The Phase 2 programme has also