UK Stockmarket 2009 and beyond

sabretoothtigger

No you are right looks like, I could have sworn it was them, maybe somebody else with similar name. Sometimes these companies do switch about, Etrade are a usa company but were here via LCG, gone now I think.
IG Index are british but I saw them on american tv advertising forex trading. Spreadbetting is banned in USA since 1930's


So maybe GFT does it different but what I said goes for most companies. Ive tried most but not GFT ,the opening offer doesnt appeal to me

. Would be surprising if somehow they were so uncompetitive to charge spreads every day but I really advise only dealing tiny amounts and expect to lose money. Theres always some catch or mad price spike, etc

tradetime

Yeah thanx, I opened an acount ages ago as the tax free nature is attractive, but have never got round to using them seriously. It seems clear from looking at your trade example that I have totaly misunderstood how they work

sabretoothtigger

EARNINGS SEASON

starts today, putting it in caps to mark the quarterly season that sometimes marks a tide change.

Havent spotted results, its only AA not sure it matters right this minute. Schedule link?


To follow on from the example above, 100 shares of CSCO is a daily charge of 18p. Pretty expensive I thought, foreign currency hedge may not be quite as sweet as I figured

Think I'll discard the tech tracker and just see how cisco do now. Apple still rising strongly, 2% today

Someone suggested a Junior oils fund, seemed allright considering I often miss these things. Hows this mix ?

Caza Oil & Gas 9.54%
Premier Oil 6.27%
Encore Oil 5.16%
Dragon Oil 3.97%
Norwegian Energy Co. ASA 3.80%
Bridge Energy ASA 3.57%
Soco International 3.13%
Amerisur Resources 2.64%
Oilex 2.61%
Carnarvon Petroleum 2.50%

http://www.h-l.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/j/junior-oils-trust-accumulation

I was considering the SL absolute fund, so it may save me from greater evils

EMED peaked at 22p today. I bought some for 8p in Dec, so a 60% gain in 5 days after rising 50% the weeks previous :cool:
Im not accustomed to these penny shares gains so think I will likely opt for that small cap oils fund though premier isnt that small


VGM fell 20% today but looking at the news and iii discussion, they are just misunderstood.
It is a working gold mine but it is also new too, people taking fear that they have higher costs still.

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147 is a 61% retracement of 90 to 240 high and 135p is start of previous volume
Its selling off from the 2008 high despite new information, classic kinda memory mistake like PTSD for shares is my theory (based on that I may not wait for lower prices)


Hugh Hendry: CEO of Eclectica Asset management
Japan is a bomb strapped to the chest of the world. He shorting to tune of 2bn via CDS :eek:
Great, doesnt that mean he is estimating more Yen strength though or dollar even. I know there is trouble but are the companies the weakest link


[ Vatukoula tipped Thursday by both Questor and Sharecrazy see here, nice that they agree with me
http://www.youtube.com/watch?v=Ny6azVM81QI&feature=sub ]

JonnyBravo

sabretoothtigger wrote: »

EMED peaked at 22p today. I bought some for 8p in Dec, so a 60% gain in 5 days after rising 50% the weeks previous :cool:

Good stuff innit?
:cool:
Seems to have stabilised around 18-19p for now but the next kick up could be very close.
Interesting to see WTI are managing to forward sell some of their Cu at over $9k/t. Another great indicator that EMED will be "printing cash" when they get AS and get the site recommissioned.

worldtraveller

Healthcare giant Johnson & Johnson is expected to launch a fresh assault on Smith & Nephew in a deal that values the FTSE 100 firm at more than £7 billion, it has been reported.

The US firm is understood to be considering making a formal offer for the group after a tentative approach was rejected last year, according to the Sunday Times.

A revised bid is expected to be worth at least 800p a share, well up on the previous approach of 750p a share, which is thought to have been rejected by Smith's board on the grounds that it undervalued the company.

Shares in Smith soared to an all-time high of 735p last week following rumours that it had rejected a bid approach from Johnson & Johnson, although they later fell back to 685p.

But the speculated new offer by Johnson & Johnson may still be rejected, with Sebastian Jantet, an analyst at Investec Securities, saying a fair price for the company would be around £9 a share, valuing the leading maker of hip and knee replacements at £8 billion.

Smith's board is also understood to have instructed its advisers to begin preparing a defence against a new takeover approach. The bid interest raises the possibility of another major British company going to an overseas rival after last year's sale of Cadbury to US firm Kraft Foods.

It is also thought that a new offer by Johnson & Johnson could spark a bidding war for Smith, with other healthcare firms such as Biomet, Stryker and Zimmer also expected to enter the fray. Biomet is already rumoured to be mulling a tie-up with Smith, although it is not yet thought to have made a formal approach.

Hull-based Smith, which is more than 150 years old, makes more than 1,000 products for operations in 32 countries, specialising in joint replacements, the treatment of hard-to-heal wounds and products for use in endoscopy operations.

It is the world's largest maker of products for arthroscopy, in which joints are operated on through a small incision. The group, which started life as a chemists' shop, recorded sales of $3.8 billion (£2.5 billion) in 2009 and is the UK's largest "medtech" specialist.

Johnson & Johnson has a medical devices division and owns a number of well-known UK household brands, including Listerine, Sudafed and Benecol. No-one from Smith & Nephew could be contacted to comment on the report.

PA

fullstop

Will be interesting to watch what happens to BP on Monday, the real fun should begin on Tuesday when NY opens.

AndyGuil

It will be an excellent day for BP on Monday.

tradetime

I'll be more interested in what sort of week it has, not what sort of Monday.

tradetime

tradetime wrote: »

Swapped position yesterday from ISF to MIDD.

Still looking for resolution of the possible double top on the Nas, behavior so far would suggests an upside resolution, but jumping the gun would be risky.

Upside resolution was indeed what transpired. That area should now provide support.

Added some Tesco to ISA on Fridays weakness.

cloud_dog

tradetime wrote: »

Added some Tesco to ISA on Fridays weakness.

This almost sounds too dull and boring for you TT