Crocodile
- 16 Dec 2003 22:05
Premarket Futures |
FTSE +20 |
DAX +25 |
DOW -14 |
S&P -1 |
Nasdaq -1.5 |
News: |
Sorry Your browser is not java capable
|
|
US Stocks close at new near 19-month highs, while the Nasdaq
closes barely higher
British Airways is set to cut a further 5,000 office
jobs to cut costs, the Times and the Telegraph newspapers reported
Hanson building materials said trading had
strengthened since the first six months of the year, and expected full-year
pre-tax profits to be in line with current market forecasts. Conditions in
North America, which makes up about half of its sales, had also improved,
(Look for a rise in RMC & AGG)
Chelsfield commercial property firm said its directors
had rejected a consortium bid led by its chairman but were exploring the
potential for a higher offer from the group.
British Energy nuclear power generator said that fresh
blows to its precarious financial situation would result in a weaker full
year pretax result than it previously expected.
|
 |
Calendar:
United Kingdom |
|
 |
United States
(GMT) |
|
 |
Europe & World (GMT |
|
Hanson
(Trading Statement)
Misys (Trading Statement)
09.30 Nov Unemployment Rate, 3.0%
exp.
09.30 Oct Average Earnings 3m y/y, 3.6% exp.
09.30 Bank Of England MPC Minutes
|
Bear Stearns, Circuit City, FedEx, Lehman |
Bouygues, Elior,
11.00 Nov HICP m/m, y/y, 0.1%,2.0% prev.
11.00 Oct Industrial Production m/m, y/y, 1.9%,2.6% prev. |
Ex Dividend:
AWG Plc (14), Babcock International Group (1.25), Belhaven Group PLC (3.95),
Blacks, Leisure Group Plc (2.6), Carlton Communications Plc (2), Carr's Milling
Industries (7.5), Cropper (James) (1.9), Dawson Holdings Plc (4.3),
Electrocomponents Plc (5.6), Ferraris Group Plc (3.6), Findel PLC (3.1), GET
Group PLC (5.2), Gleeson (M.J.) Group Plc
(28.25), Glenmorangie Plc (GMGA LN) (4.5), Glenmorangie Plc (GMGB LN) (2.25),
Granada Plc (1), GWR Group Plc (2.3), International Greetings Plc (1.5),
Investec PLC (28), iSOFT Group PLC (0.7), Meriden Group PLC (0.013), Mitchells &
Butlers PLC (5.65), Next Fifteen Communications PLC (0.7), Northamber Plc (2),
Numis Corp Plc (7.5), Punch Taverns PLC (4.4), Radstone
Technology Plc (0.75), Ransom (William) & Son plc (0.5), Severn Trent PLC
(17.77), Shanks Group Plc (1.9), Telford Homes PLC (1.5), Tex Holdings Plc
(3.5), Total Systems Plc (1.05), Tribal Group Plc (1), United Utilities PLC (UU/
LN) (14.43), Universal, Salvage Plc (1.2) |
Crocodile
- 17 Dec 2003 07:32
- 3 of 33
Thanks TP
Douggie
- 17 Dec 2003 08:10
- 4 of 33
mornin all
Melnibone
- 17 Dec 2003 09:01
- 5 of 33
Morning all,
Not sure what's going on at the moment, everything
seems pretty much aimless. Perhaps it just is and
I'm looking for something that isn't there.
Anyway, took my profit on HBOS this morning, bought
them yesterday when they got knocked below 700p for
no real reason. Got very little left in the market now,
I could really do with a nice sell off to give some
opportunities to stock up again.
S@P doesn't seem to want to stay above the 1074/1075
level, so maybe we'll get one today.
I've got the FTSE bottom trendline and the 60 day EMA
both coming in at around 4310 at the moment, so I'll watch
with interest and an itchy trigger finger if we hit it.
Melnibone.
Melnibone
- 17 Dec 2003 10:02
- 8 of 33
FTSE just failed to crack R1.
With a bit of luck it'll follow
the DAX and CAC now and go negative.
Melnibone.
Melnibone
- 17 Dec 2003 10:03
- 9 of 33
MKS back to the support area near the March lows again.
Melnibone.
Spaceman
- 17 Dec 2003 10:54
- 13 of 33
lw, sorry I missed you comment here yesterday, yes bonkers is me. Thanks for you good wishes on the guru thread. Hope to see you at the south meeting in March(ish).
Melnibone
- 17 Dec 2003 12:12
- 16 of 33
That was another nice little scalp on MKS when
it bounced off 269p again.
I'm going to get caught out on this one day when it
fakes a bounce and drops again, but until that happens
might as well keep taking the scalps. The Bears couldn't
manage to break these levels for more than 2 days back
in March when sentiment was the lowest it's been for over 3
years, so the odds are on my side in the current climate.
Melnibone.
Melnibone
- 17 Dec 2003 12:19
- 17 of 33
HBOS down below my sell price testing 700p again.
Getting interested, but I think there's some US and
European banks waffling today and tomorrow so it would
probably be prudent to wait for what they say and the
market reaction before jumping in again.
These days, when good inline statements come out, the market
seems to take profit on the old 'buy on the rumour sell on
the fact' strategy, and there's an aweful lot of profit
washing around in financial shares since the rises from March.
Melnibone.
Melnibone
- 17 Dec 2003 12:40
- 18 of 33
Bear Stearns has just beat the street, finance shares
reaction was positive but muted.
Lehman Brothers gives an update next.
Melnibone.
Melnibone
- 17 Dec 2003 13:08
- 20 of 33
Lehman Brothers have beat the street as well.
S@P has just bounced back of the 1074/1075 resistance area.
US Bulls have profit to take from yesterday's rises when the Bears
took theirs from the Monday drop from the open.
So, we've got the US at resistance, DAX and CAC down, and
the FTSE is up in the middle of the trend channel.
Unless the US breaks resistance there will be a sell off
this afternoon on the FTSE in my opinion.
The US will lead us by the nose as usual.
Melnibone.
Melnibone
- 17 Dec 2003 13:12
- 21 of 33
Off for a lunch break, see you all when the US opens.
Melnibone.