The week ahead could offer signs of recovery April 9, 2012 THE Easter Bank Holiday may have shortened the week, but the market may not be short on volatility. Given the lack of major economic and corporate announcements, this week, volume could well be below average. However, traders would be unwise to take their eyes off the ball. It is usually at times like these that [...]
Dow and S&P both end lower for fourth day April 9, 2012 THE Dow and the S&P 500 extended losses to a fourth day yesterday, as investors took their cues from last week’s disappointing jobs report, which raised fresh concerns about the US economy’s recovery. Despite yesterday’s declines, the Dow industrials and the S&P 500 ended above their session lows. But trading has been choppy in recent [...]
A new tax year: Start it as you mean to go on April 9, 2012 GOOD intentions are rarely in short supply, but most people are running huge deficits in acting on them. As always, the lead-up to the end of the last financial year saw a last-minute flurry of activity, with people rushing to sort out their tax, pensions and Isas. Old habits die hard, but it would pay [...]
Getting to grips with the all-new MetaTrader April 9, 2012 THE latest version of the MetaTrader platform has been launched in the UK. MetaTrader 5 offers a raft of new features, designed with the aim of making the professional trading experience available to the retail trader (see below, right). Alpari is one of the first to offer the latest incarnation of the MetaTrader platform. “MT5 [...]
LONG TERM INVESTING IS NO GUARANTEE OF WEALTH April 9, 2012 DIRECTOR OF CURRENCY RESEARCH, GFT THE other day I saw a chart that astounded me. It was a simple chart of the Dow Jones Industrial Average over the past 20 years against a single upward sloping line. The line gently rose at about 6 per cent per year (which is the average historical compounded rate [...]
THE TIPSTER | Vedanta hoping for a silver lining April 9, 2012 Last year was not a good one for Vedanta shareholders, as their company’s share price dropped from an opening level of around £24 per share to a low of around £9 before recovering a little. PR worries, and a rather opaque corporate structure, meant that this company was nevertheless a poor performer. The next update [...]
Overcoming your fear of charting April 9, 2012 THE most important thing to appreciate about charts is that they don’t bite. Any initial fear can be overcome with just a couple of hours of practice. However, this does need to be done in conjunction with watching a few educational videos first. Many basic videos are available online, but it is best to check [...]
Analyst picks for 10 April 2012 April 9, 2012 CURRENCY STRATEGIST JOEL KRUGER My pick: Looking to Buy euro-Swiss franc Expertise: Fundamental and Technical Analysis Average time frame of trades: 1 month to 3 months We don’t usually incorporate fundamentals into our trade ideas, but it’s hard to ignore the Swiss National Bank SFr1.2000 floor. Still, the market is technically in the process of [...]
FTSE plunges on euro fears April 4, 2012 BRITAIN’S blue-chip index fell to a two-month low yesterday, dragged down by commodity stocks after reduced prospects for fresh US stimulus and deepening concerns over the Eurozone’s debt and growth outlook weighed on risk appetite. The FTSE 100 index closed at 5,703.77, down 134.57 points, or 2.3 per cent – its steepest fall since mid-December. [...]
Fed’s caution hits Wall Street April 4, 2012 US stocks fell for a second day yesterday as investors contemplated a world without monetary stimulus and a poorly received bond auction in Spain suggested the effects of Europe’s funding operations were waning. Selling was broad as indexes tracking nine of the 10 S&P 500 sectors ended lower, with financial, materials and technology shares the [...]
