Trends and Targets's blog

Trends and Targets for 29/03/2017

SIRIUS MINERALS (LSE:SXX) We last glanced at this as a potential ISA contender at the start of February (link here) when we'd moaned about the BLUE downtrend which then was around the 28p mark. The good news, now, is this line is at 21.704p. And for real happy days, we'd prefer the share actually close above this level.

Trends and Targets for 28/03/2017

GREAT PORTLAND ESTATES & DEBENHAMS briefs (LSE:GPOR & LSE:DEB) With all the rubbish being discussed about Scotland, our eye was drawn to Great Portland in the mistaken belief it was something to do with Portland Cement, a key ingredient if Westminster journalists are to be believed in their desire Hadrians Wall be rebuilt (also gifting Scotland quite a big chunk of northern England in the process...) 

Trends and Targets for 27/03/2017

FTSE FOR THE WEEK AHEAD (FTSE:UKX)  Something truly peculiar happened on Friday 24th March but unfortunately you needed watch FTSE futures to see it with perfect clarity. Essentially, from 3pm onward the market behaved as if a decision had been made NOT to allow the FTSE to better a downtrend since the 21st March.

Trends and Targets for 24/03/2017

FTSE FOR FRIDAY & GULF KEYSTONE (FTSE:UKX & LSE:GKP) We usually try and give ourselves an easy end to the week by 'simply' doing a FTSE near term analysis but GKP is really irritating us (along with most private investors) and is worth a bit of an update. The issue with GKP is simple - the share price is supposed to be getting trashed yet hasn't dropped!

Trends and Targets for 24/03/2017

FTSE FOR FRIDAY & GULF KEYSTONE (FTSE:UKX & LSE:GKP) We usually try and give ourselves an easy end to the week by 'simply' doing a FTSE near term analysis but GKP is really irritating us (along with most private investors) and is worth a bit of an update. The issue with GKP is simple - the share price is supposed to be getting trashed yet hasn't dropped!

Trends and Targets for 24/03/2017

FTSE FOR FRIDAY & GULF KEYSTONE (FTSE:UKX & LSE:GKP) We usually try and give ourselves an easy end to the week by 'simply' doing a FTSE near term analysis but GKP is really irritating us (along with most private investors) and is worth a bit of an update. The issue with GKP is simple - the share price is supposed to be getting trashed yet hasn't dropped!

Trends and Targets for 23/03/2017

BARCLAYS BANK (LSE:BARC) We always tend hold Barclays in slightly less contempt than the other two retail banks, simply due to the strength with which it recovered from the shambles back in 2009. Alas, as history shows, "how little did we know..." For a giggle, we've given two charts below, one showing BARCLAYS in recent times, another with a bunch of overlays featuring other bank' comparative performance since 2009.

Trends and Targets for 22/03/2017

LLOYDS BANK (LSE:LLOY) Whatever provoked the misery in market fortunes during the FTSE afternoon session was a bit weird. Generally, when this sort of nonsense happens, we experience a raft of shares with drop triggers being hit. But it didn't happen so therefore, we smell rodent. Even the retail banks, always the first to mimic a Champions League footballer being assaulted by an aggressive buttercup, avoided flinging themselves off a cliff.

Trends and Targets for 21/03/2017

Royal Bank of Scotland (LSE:RBS) It's easy to dislike banking shares at present. Everything is in hiatus, feeling like there's a major news event about to happen. Maybe Australia and New Zealand will finally sort out which has the worst accent? We last viewed RBS at the end of last month (link here) and frankly, very little has changed.

Trends and Targets for 20/03/2017

FTSE FOR THE WEEK (FTSE:UKX) It gets boring writing about the doomsayers always being proven wrong by the UK market but apparently we continue to go to "hell in a handcart" while the index' continues to sing from a different songbook. The odd thing, a disturbing number of FTSE 100 components should be going up but are failing to do so and worse, some seem intent on Lemming behaviour.

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