Month: March 2019

The S&P 500 #CAC40 #Nasdaq #SP500 The S&P has been interesting since the original Brexit vote. For no discernable reason, it reacted to the UK’s decision and exhibited a strong uptrend in the period since. At least, it did until last December, when it all went wrong for a month. Now, it’s a happy index! Continue reading “Trends and Targets for 13/03/2019”

EURUSD #GOLD #SP500 There’s nothing quite like a “profit warning” to jolly up a shares performance and we wonder, if Brexit ever takes place, will the Euro actually suffer? Given the UK is one of the larger contributors to the EU, will the loss of this income stream hurt how the Euro is perceived? Continue reading “Trends and Targets for 12/03/2019”

Ferrari #Brent #DAX With arguably the most important date of 2019 fast approaching, it makes sense to review #Ferrari share price. After all, despite the marque tending to fade is last years F1 championship, there appears a chance for optimism in the upcoming date with destiny in Australia, just 6 days away. Continue reading “Trends and Targets for 11/03/2019”

FTSE for Friday #SP500 #GOLD Despite concentrating on the all important countdown to the new Formula 1 season (9 days), a few things concern us about the FTSE. Firstly, the financial volumes going through London at present are around 1/2 what we’d expect at this time of year. Secondly, and doubtless related, the market isn’t really moving! Continue reading “Trends and Targets for 8/03/2019”

Boohoo.com #CAC40 #Nasdaq Last reviewed in November (link here), we’d proposed a drop to 176, calling it a severe reversal. While not in the retail calamity league of Debenhams etc, there was something distinctly fragrant about what happened when it reached our target level. (Time for a boring chart inset) Continue reading “Trends and Targets for 7/03/2019”

BT Group #DOW #NK225 If ever a share exhibited the price reacting to (and confirming) a trend, British Telecom certainly fill the bill. The RED line on the chart, dating back to March 2009, has been gently caressed in the last few sessions (see inset), never sufficiently to become a #MeToo candidate… But make no mistake, BT is flirting with the edge of some real trouble. Continue reading “Trends and Targets for 6/03/2019”

GBPUSD #Gold #SP500 This relationship, often referred to as Cable (simply due to original trades being enacted across the transatlantic “cable”), was last reviewed in January (link here). It recently achieved our 1.33 target, even bettering it slightly and closing a session marginally in optimistic territory. Has a trip to Disney in Florida become possible? Continue reading “Trends and Targets for 5/03/2019”