Trends and Targets's blog

Trends and Targets for 18/08/2017

FTSE FOR FRIDAY (FTSE:UKX) Following a week of artificial movements, generated by artificial outrage against artificial politicians, the FTSE closed on Thursday somewhat ambigiously. Strangely, at lunchtime we'd given a client drop parameter from 7398 points to 7382.05 points and the market bounced at 7382.16, so perhaps some strength exists as our target was not broken.

Trends and Targets for 17/08/2017

SKY PLC (LSE:SKY)  There's a saying about "Chicken Little" running around shouting The Sky is Falling and we suspect such a description rather neatly fits ourselves, despite being blissfully clueless about just who Chicken Little was. It's funny, generally when you attempt to cancel a service, you're call is handled by a UK Call Centre who attempts to change your mind. When cancelling SKY, there was a strong suspicion the conversation was being held with a distant country.

Trends and Targets for 16/08/2017

Mears Group (LSE:MER) Recently this company attained a degree of notice and now, with a recent notification regarding profits, it seems the market have a cunning plan. On Monday, the share price closed at 485p and when we woke this morning, it presented itself at 452p. By most standards, a fairly substantial forced movement downward of 6.8%, before any trading actually took place. It seems the market wants to bring this down.

Trends and Targets for 15/08/2017

Trends and Targets for 11/08/2017

FTSE FOR FRIDAY (FTSE:UKX)  Life used to be simple. A request for a rope swing to amuse grandchildren ensured, rather than watching the FTSE, a massive engineering project was undertaken. Didn't we once throw a bit of rope over a branch and tie a handy stick to the bottom? If the rope broke, the stick broke, or the branch broke, it was all part of the fun. Wish I'd stayed indoors watching the FTSE fake everyone out!

Trends and Targets for 10/08/2017

AMUR MINERALS (LSE:AMC) Back in the day, we used to hate Mondays but Wednesday was a day for optimism, a great time to start something new as it could be completed for the weekend. Wednesday has also become 'SPAM' day, literally the worst period for being inundated as a bunch of clowns finally release the rubbish they've spent a few days preparing.

Trends and Targets for 9/08/2017

BARCLAYS (LSE:BARC) Opting to swap an office chair for a large red exercise ball provided an entirely new perspective when looking for bounce points on shares! It also made Jo Whileys evening Radio2 show fraught with danger, due to her choice of multiple Blur tracks. Let's just say, when you can bounce, you bounce. Exercise without effort.

Trends and Targets for 8/08/2017

LLOYDS BANK (LSE:LLOY) We've stopped thinking of the 3 UK retail banks as 'clown' shares. Instead, perhaps referring to them as similar to rabbit droppings makes more sense, little balls of stuff which stick together and refuse to roll anywhere. RBS proved amusing last week, creating a 'no-brainer' scenario for a near term trade but alas, has moved back into position beside the other two balls of stuff.

Trends and Targets for 7/08/2017

FTSE FOR THE WEEK (FTSE:UKX) As usual, the Scottish summer highlights a need for a product which remains uninvented. A recent incident meant T&T's lawn was uncut for three weeks and, in the process, grew almost 20cm. While summer in July / August usually means incessant rain, it also carries a suspicion the rain is seeded with steroids to make the grass grow. The mystery product: Green Growth Inhibitor.

Trends and Targets for 4/08/2017

FTSE FOR FRIDAY (FTSE:UKX)  There's a few instances where we'd really love to write something like, "you're on your own, we're clueless!" In fairness, we never hesitate to use such language for our private clients as it'd be stupid to pretend something, when real money is involved. And if the Gov'nr of the Bank of England is reading, why not pay attention to this principle?

Syndicate content