Richard Beddard
Richard Beddard
| Mon, 22nd October 2012 - 13:27

PipeHawk claims to be: ...the global market leader in ground probing radar technology read more

By: Trends and Targets | Thu, 22nd June 2017 - 22:19

FTSE FOR FRIDAY & GOLD too (FTSE:UKX & COMEX:GC) During June, quite a few shares across various sectors broke upward through their long term downtrend. Prices in the period since have behaved like the UK Prime Minister faced with a member of the public, doing the unthinkable, slithering below the trend and out of sight. When we view GOLD , BRENT, even FOREX prices, this phenomena against major trends is repeated.

By: Trends and Targets | Wed, 21st June 2017 - 23:11

BARCLAYS (LSE:BARC) Following our grumble last month about Barclays ridiculous share price shuffle, it appears our maxim, "if it ain't goin' up, it's goin' down" has again proven correct. This piece of silliness, applied when a share has ticked all boxes for rise ( but doesn't ), increasingly seems one of the more valuable lessons about trend theory. It isn't the trend which is important but how a price reacts to it.

By: Trends and Targets | Tue, 20th June 2017 - 23:16

SKY PLC (LSE:SKY)  We decided give it six months before binning our SKY subscription but the phone call has now been made, due to the change in viewing habits provoked by the Amazon Firestick. As it's currently legal to watch "content" via Kodi (apparently only illegal if you don't install the add-on yourself or actually record programs!) we cannot help wonder how many folk are leaving Sky.

By: Trends and Targets | Mon, 19th June 2017 - 23:44

LAURA ASHLEY & THE EURO (LSE:ALY & GBPEUR) Our last review of Ashley (link here) suggested 9p as an "ultimate bottom", one of these things where often a share shall experience a proper bounce as we cannot calculate below. Of course, sometimes this attitude can go horribly wrong with a "flushing toilet" sound effect.

By: Trends and Targets | Sun, 18th June 2017 - 23:07

FTSE FOR THIS WEEK (FTSE:UKX) At time of writing on Sunday evening, FTSE futures are tending suggest some optimism is possible near term.  We're a little concerned as the levels of optimism are frankly not terribly convincing. While the DOW JONES has a heck of an argument favouring 21630 as the next major stuttery level, the FTSE feels like it shall be challenged to better 7575 points.

From where the market closed, the argument is of movement now above 7480 leading to 7528 points initially with secondary, if bettered, at 7575 points. The immediate market downtrend is currently loitering with intent at 7530 points, so we'll not be surprised to see this used as an excuse for some reversal. Unfortunately, the plot thickens.

As FUTURES - at time of writing - are flirting with the 7500 level, there's a quite strong potential of the FTSE itself being opened up to match futures. Unfortunately this sort of nonsense, especially on a Monday, will tend suggest any opening surge is followed by some reversals, potentially to around the 7420 point. This, effectively, will tend ensure the market spends a few days marching on the spot. Our usual rule of thumb, if an opening spike is NOT bettered within 90 minutes then expect reversal, remains valid though it'd be churlish to ignore a couple of recent occasions when this has been ignored.