Trends and Targets's blog

Trends and Targets for 21/10/2016

FTSE FOR FRIDAY (FTSE:UKX) Whatever shambles occurred during the afternoon session on the markets didn't just roil the UK market. It was used worldwide to trash very many market positions, leaving us with the visual impression that despite the surge being forced backward, the markets really want to go up another step. There can be little doubt that should the FTSE better 7048 points, an initial 7080 points makes quite a lot of sense.

Trends and Targets for 20/10/2016

GULF KEYSTONE UPDATED (LSE:GKP) In the department of odd stories, few things were odder than something I learned this week. Unless, of course, you were a turkey. A chum has a turkey farm in Ireland. A UK supermarket chain needed a batch of turkeys and his were the correct age. He has now a free range turkey vacancy as they bought his entire stock. The reason for the massive sale is a new belief that turkeys will be in demand due to Halloween...

Trends and Targets for 19/10/2016

BMR MINING PLC (LSE:BMR) Our last glance at BMR (link here) had postulated 6.75 initially with secondary 7.25p. Anyone who's been reading our occasional reports against this absurdly "popular" share will be aware we've some reservations just above the 6.75p level.

Trends and Targets for 18/10/2016

PLUS500 (LSE:PLUS) caught our eye recently for all the wrong reasons. The share price was moved below the uptrend since 2015 in a very obvious movement, resulting in the situation where we're forced to extrapolate downhill potentials.

Trends and Targets for 17/10/2016

FTSE COMING WEEK (FTSE:UKX) & AIM too. It looks like trading above just 7048 points is liable to be interesting, given it provokes an initial 7069 points but more importantly, it takes the market into a region where  we're supposed to believe 7202 points will make a viable ambition.

Trends and Targets for 14/10/2016

FTSE for FRIDAY (FTSE:UKX) Our midweek report proved remarkably interesting as the market indeed broke the BREXIT uptrend by 4 whole points, considered its position until the DOW opened, then bounced. But make no mistake, the BREXIT uptrend just proved it can break and anything now below 6930 is liable to provoke 6875 fairly sharply.

Trends and Targets for 13/10/2016

FTSE Midweek (FTSE:UKX) & STRATEGIC MINERALS (LSE:SML) There's something a little odd going on! Okay, the market is always a little odd but the level of queer bothers us. For the last 10 sessions or so, we've needed issue up to 20 updates daily against shares but against our outlook for Thursday (tomorrow), we've just 5 shares needing analysed.

Trends and Targets for 12/10/2016

GOLD (COMEX:GC) appears to have its price hanging on a dodgy thread. Our Big Picture report back in August had proposed the possibility of weakness to 1248, this movement proving rather accurate. Accurate, aside from the unpleasant detail our 1248 was briefly broken during the Friday session.

Trends and Targets for 11/10/2016

LLOYDS BANK (LSE:LLOY) The proximity of Halloween somehow justifies a look at the Retail Banking Sector sacrificial lamb. There's something we'll point out first though and it comes from our private pre-market report generated for paying clients on 9th October. We said;

Trends and Targets for 10/10/2016

FTSE for the week & Ferrari (FTSE:UKX & NYSE:RACE) It starts to appear Ferrari' performance in New York's share market has absolutely no relation to race results. With Mercedes F1 team now approaching double the season points of Ferrari, the companies share price is doing something which utterly fails to reflect their weekend performance.

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