The Saxo Bank Group provides an execution-only service and all information provided on Tradingfloor.com is solely for general information. When trading through Tradingfloor.com your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. Tradingfloor.com does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of our trading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. Saxo Bank Group will not be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available as part of the Tradingfloor.com or as a result of the use of the Tradingfloor.com. Any information which could be construed as investment research has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such should be considered as a marketing communication. Furthermore it is not subject to any prohibition on dealing ahead of the dissemination of investment research.
Please read our disclaimers:
- Notification on Non-Independent Investment Research
- Full disclaimer
Nice gap down on the ftse cash mkt....normally (93%) of the time this gap will within 5 trading days fwiw. Lets see if it does? One caution though....the longer it takes to fill the bigger the drawdown risk.
Apologies I should read any entries I make before posting....93% of all down gaps are filled within 5 subsequent trading days. This relates to the cash mkts....
A purchase of spot metal at current levels has the potential to bring me a profit of 15.4 percent. However, I would rather choose another strategy: a portfolio of gold mining stocks giving me a better return.
European markets are likely to open mostly unchanged, with investors expected to keep a close eye on a meeting between the EU, US, Ukraine and Russia in Geneva today. On the macro front, US initial jobless claims data will attract market attention, especially after Fed chief Janet Yellen’s dovish comments yesterday on the central bank’s monetary policy outlook.
European markets closed in positive territory and US markets are trading in the green as better-than-expected corporate earnings and upbeat Chinese first-quarter economic growth data buoyed investor sentiment.
Last week Marks and Spencer came out with disappointing results but the market gapped higher. We suggested to our clients to sell at this time, and this has gone very well.
Today Tesco released disappointing results and gapped higher (Don't ask me!!) . We have seen selling from this strong open (Shock horrror!) ... Have a look at my chart to show the similarities (so far) in price action...
Good call :-) FWIW we have xd on tsco 30/04/14 also Sainsbury at 14/05/14 and M&S scheduled for 28/05/14...eps scalps on Sainsbury so far has been easy we...
European markets are likely to open in positive territory Wednesday after data showed that China’s economy grew at a stronger than expected pace in the first quarter of 2014. Meanwhile, developments in Ukraine along with macro data in the UK and the US will attract market attention.
Britain will see a boost in measured economic activity later this year when activities previously never measured — specifically, drug dealing and prostitution — are incorporated into the measure. At first the changes will only include U.K. production of cannabis, drug smuggling, and prostitution, but it is expected that off-the-books employment, black market gambling, software piracy, and sales of stolen goods will also eventually be included.
Well-well... When there's nothing to measure - a good idea to measure at least something, to proove, that economic is still (or yet?) alive. "The patient is...
How do they quantify piracy, black market gambling, theft, drugs and prostitution ?? More-over would you trust the assessor or would you wonder if they are involved...
