Trends and Targets's blog

Trends and Targets for 17/01/2017

Premier Vet Group (LSE:PVG) This share always provides an excuse to publish a snapshot of one of our dogs, a breed commonly known as "the vets best friend". This is nothing to do with their nature but rather more an indication of Golden Retrievers ability to hurt themselves. A massive beach can be pristine with just a single nail buried somewhere deep in the sand. Within minutes, one of our dogs will be limping, having found the nail.

Trends and Targets for 16/01/2017

FTSE FOR THE WEEK (FTSE:UKX) Will this be the week the FTSE sees 7358? We've been banging on about this number all year [duh] and with the market achieving a new "higher high" on Friday 13th, hope continues to lurk in the corner. In fact, the remorseless pace of small rises now permits a further ambition above 7358!

Trends and Targets

FTSE FOR FRIDAY (FTSE:UKX) For a first week back at work, the market has proven pretty indifferent and we'll need take a hard look at the three retail banks next week. We're wanting BARCLAYS to trade above 240 and LLOYDS to close above 67p. In the event of these criteria taking place, it's probable the FTSE should take a reasonable upward surge.

Trends and Targets for 12/01/2017

The DOW JONES Industrial Average (DOWi:DJI) continues to tease the 20,000 level, frankly driving us a little crackers. We'd been fairly comfortable the FTSE was travelling to the 7300's but the DOW keeps trying - and failing - to achieve this psychological milestone.

Trends and Targets for 11/01/2017

BRENT CRUDE This is causing a degree of puzzle, due to the price hitting the 50's and essentially stopping. Our in-house rule of thumb, when this sort of thing happens, is to look for reasons it will instead go down, despite the presence of pretty lines on charts.

Trends and Targets for 10/01/2017

THE OIL SECTOR ! (NMX0530) With a bunch of oil producers making a recent run for glory, it's probably worthwhile looking at the sector index, the sexily named FTSE:NMX0530. Thankfully, the index tends explain why a few oilers recent price rises feel like they are running out of fuel.

Trends and Targets for 9/01/2017

FTSE for the Week & SIRIUS PETROL AGAIN! (FTSE:UKX LSE:SRSP) Sirius Pet (LSE:SRSP) managed to provoke a shedload of emails due to its 49% intraday volatility following our article on the 5th. Importantly, the share has managed closure above the immediate downtrend and therefore, we're supposed to embrace optimism.

Trends and Targets for 6/01/2017

FTSE for FRIDAY, FREE FERRARI, and SIRIUS Pet too! (FTSE:UKX, NYSE:RACE, LSE:SRSP) We've chosen this oddball grouping, simply 'cos the FTSE is pretty boring at present - no surprise as for many lucky sods, the Xmas holiday continues until next Monday.

Trends and Targets for 5/01/2017

NEXT PLC (LSE:NXT) & GBP v EUR This provided some "back to reality" dramatics with a pretty large drop during the session. Some caution is advised as the share price really cannot afford reductions below 4060p. The problem is shown in RED on the chart below!

Trends and Targets for 4/01/2017

FTSE for 2017 (FTSE:UKX)  As we'd expected, the UK market is now painting new highs and regarded as heading toward 7301 next with secondary 7348 points. To utterly stuff these potentials, the market needs slither below 6850 points. This would be an excellent time to sit down as the next proposal is a bit hairy.

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