Trends and Targets's blog

Trends and Targets for 8/09/2017

Trends and Targets for 7/09/2017

PETROFAC LTD (LSE:PFC) Why is X-Factor not shown once every four years? Everyone acknowledges 'Reality' shows are basically garbage, designed to fill these empty spaces between TV advertising. Thus, it was with considerable horror we discovered our own favourite show, "Gold Rush", is classed as Reality TV! We thought it documentary - but our reality is better than everyone else' anyway...

Trends and Targets for 6/09/2017

LLOYDS BANK (LSE:LLOY) It has been a month since we viewed this lot and it's failed to do anything special. Perhaps the 4.44p width of movement has deep meaning to some folk but from our perspective it simply illustrated what a waste of time August was. Unfortunately, we'd postulated 63.5 as a droop target and not only has the share obliged, it has managed to slither below. Obviously, this means something and our software is now proclaiming a bounce point for the price.

Trends and Targets for 5/09/2017

CARD FACTORY (LSE:CARD) Recent news of Yellow Pages final demise reminded of the thump when an unopened copy hit the bottom of an empty wheelie bin. A secret hope similar fate awaits the greeting card industry appears a wasted dream. Despite the internet and common sense, people still insist on sending greeting cards to celebrate mediocrity. Which brings us to the Card Factory and their share price.

Trends and Targets for 4/09/2017

FTSE FOR THE COMING WEEK (FTSE:UKX) The current 'Korea Thing' reminds of the John Wyndham's (the Day of the Triffids bloke) book, the Kraken Wakes. It's a usual 'The Worlds Ending' short story and in it, the two hero's discuss which shares they've bought due to sea shipping lanes closing. Both had gone for airline stocks and now, we wonder if the building sector will face a surge! Even though the world is ending apparently.

Trends and Targets for 1/09/2017

FTSE FOR FRIDAY and BMR GROUP (FTSE:UKX & LSE:BMR) Sometimes, we see a share behaving strangely and feel the need to say something, if it's one we know but don't cover on a daily basis for clients. On Thursday 31st Aug, BMR did something stupid, so we looked at moves from 8am until 11.30 then Tweeted about the potentials of 6p appearing, perhaps even 7.25p. Once suspension was lifted, it shot up to 6.5p before being murdered!

Trends and Targets for 31/08/2017

HURRICANE & PAN AFRICAN (LSE:HUR & LSE:PAF) The plethora of damp misery from the USA almost demands we visit HURRICANE ENERGY just to remain on-topic. Whereas a client rather spoiled our aloof behaviour by advising PAN AFRICAN are liable to benefit should our recent GOLD thoughts come to fruition. In fairness, it's probably a better reason rather than our in-house addiction to Gold Rush on telly!

Trends and Targets for 30/08/2017

GOLD (COMEX:QO) It's easy to forget about Gold - we've two Golden Retrievers and neither ever bring any back! But the price of GOLD has recently started exhibit signs of waking up with the result short positions are liable to melt away. As the chart shows, the price has now bettered the downtrend since the highs of 2011 and thus, some growth can be anticipated.

Trends and Targets for 29/08/2017

FTSE FOR THE WEEK (FTSE:UKX)  As we crawl toward the end of August and the realisation some git is about to start counting down the days until Christmas anytime soon, the market generally experiences a bit of flat behaviour. Worse, all the proper journalists are on holiday with newsrooms stuffed with an unsupervised 'z-squad' eager to prove their worth by pumping out ridiculous panic stories in an effort to be noticed.

Trends and Targets for 25/08/2017

FTSE FOR FRIDAY (FTSE:UKX) There's little doubt this week has been grotty with the markets moving slower than a politician trying to issue an apology. From our perspective, the last couple of sessions were signalling some decent upward movements but the reality has been somewhat slow. It's still August though with the inevitable feeling of sluggishness.

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