A BOLD prediction --- possibly to some people But I stand by this chart as a roadmap where I see #UK equities outperforming against the cash cow that has been UK #Housing The how's and what's and why's are unimportant But the key thing is for younger people struggling to get into UK housing Investing in #Stocks #Technology Innovation #AI and #crypto will...
As described before one of the worst index's to have been exposed to for decades WHILST during rampant #UK inflation The FTSE did nothing to help you out. Yet here we are about to see it get sent to 5 figures.
FTSE 100 has reached a major resistance after the breakdown that we called around a month ago. We are looking for a reaction at this level to possibly go short and we will updated if we take that position.
Traders and Investors, FTSE is one of the best resilient indices which had one of the lowest impacts in last few months as compared to bearish US indies. Now last couple of weeks it has been making its move upwards which can set its trajectory to retest the previous high one more time. This can happen if the trend line and that FIB level is cleared. This is...
I've been accumulating this stock since the 60s slowly and now I believe it's at the point where it is due for a good bounce. It has just broken SMA100 level which was acting as resistance previously. Currently, SP is trading above SMA 10, SMA20 , SMA50 and SMA100 MACD indicator going positive Money flow going green too. Also, momentum has gone above 10 All...
I feel the inability for GBPUSD to break through the 1.315 level means it looks fairly exhausted and i'm expecting a drop in the coming weeks to 1.2760 or thereabouts. If it wasn't for the USD being tragically weak at the moment i believe this would happen sooner rather than later. The UK economy is officially doomed for now, the US not so far behind. Lets see how...
ISM Manufacturing Index report announced on Tuesday was the main event last week. Recall, the Index fell to its lowest level since June 2009 - 47.8 points (below 50 means decrease inactivity). As a result, the dollar has undergone the most massive one-day sales over the last month. However, the sale did not receive further development. The markets were waiting...
Following the Fed, the Banks of Japan, Switzerland and England announced their decisions on the parameters of monetary policies. They keep interest rate steady. Accordingly, there were no large movements in the pound, yen and franc parities. Although it is worth noting some strengthening of the yen following the Bank of Japan decision. Kuroda (the head of the...
SELL - TAYLOR WIMPEY (TW.) Taylor Wimpey plc is a residential developer. The Company operates at a local level from 24 regional businesses across the United Kingdom, and it has operations in Spain. Fundamentals Brexit uncertainties continue to undermine the performance of certain UK housebuilders. The ongoing political threat is sending shares in Taylor Wimpey...
End of Week Summary: 1. On the week we saw risk outperform safe havens for the first time since the brexit vote and the SPX and DJ30 set new all time highs by 2% and 1.2% respectively - somewhat encouraging given this was the longest period post-crisis that equity indexes have had since new highs, with a total time of apprx 1 year. 2. Given the articles...