A Brief Look At The Week Ahead

The corporate diary is relatively thin again this week, although there is a lengthy list of ex-dividends to be aware of Wednesday..... Look out for numbers from Armour Group (Monday), Carphone Warehouse, Tesco and Debenhams (Tuesday ), JJB Sports (Wednesday) and WH Smith (Thursday). Hope you all find something of interest this week. Good hunting! Greystone Thanks, as always to Supermum, Kyoto and Digger for their invaluable input to The Traders Thread. (Greystone is Alan English, City Editor at MoneyAM.)

Analysis selection this week is Sterling Energy -SEY-

SEY price 8.225p

Very large volume last Friday a posible overhand being cleared

Bouncing from lows during the last month, Indicators at oversold and now rising

News last week that intent to sell its US gas business and last month found gas from its Marlin 1 well, Texas and it expects first sales April 2008. There are about another 20+ wells exploration drilling program at Austin Chalk. US production was UP on 4 Quater 07

Dome Flore spuds in a few months, the field contains up to 1 billion barrels of heavy oil. SEY`s Kurdish licence is 31 miles south of the Kurkuk field, which is the one listed as the SUPERGIANT. Expected consolidation of the small oil companies

               

The Slow Stochastic has reached bottom oversold, on past ocasions has bounce with the share price doing much the same.

Morning all. Friday's market reports:

Telegraph
The Times
The Times (Need to know)
The Independent
The Guardian
This is Money

Saturday

Banks and governments raised almost 33 billion (26.5 billion) in the European bond markets this week in a sign that confidence is returning to the long-term debt markets for the first time since the credit crunch hit last summer.
Bond revival shows renewal of confidence

The Group of Seven leading economies last night unveiled extensive plans designed to restore battered confidence in world financial markets shaken by the credit crisis on the both sides of the Atlantic.
G7 ministers commit to new plan to quell the global credit crisis

Finance ministers last night invited the heads of the world's biggest banks to a dinner in Washington to warn them that more regulation is inevitable in the wake of the financial crisis.
Ministers chew over financial crisis with major bank bosses

Tens of thousands of current borrowers and new buyers will be refused mortgages this year unless the Bank of England provides greater financial help to banks and building societies, the Council of Mortgage Lenders (CML) cautioned yesterday.
Lending market crisis will leave thousands of owners in the cold

Britain will not follow America into a housing crash, the Chancellor of the Exchequer, Alistair Darling, predicted yesterday. Speaking to an audience in Washington before the G7 meeting, Mr Darling said that while the world was facing "the biggest economic shock since the Great Depression", the fundamentals of the British economy were "sound".
Darling: We will not face homes slump like America

One in three mortgages is now being taken out "on the never never" and interest-only home loans have doubled in popularity during the last five years, The Daily Telegraph can reveal.
More bury heads in interest-only mortgages

Sunday

FINANCIAL MARKETS face more pressure after this weekends Washington meeting of the Group of Seven finance ministers and central bankers failed to agree measures to tackle the global credit crunch.
More turmoil feared as G7 ducks credit crunch

Wall street's bulge-bracket banks will this week wreak more havoc on the beleaguered global financial system when they confirm huge first quarter losses and asset write-downs running into tens of billions of dollars.
America's banks set for fresh wave of huge losses

The biggest US banks are coming under pressure to slash their generous shareholder dividends, to free up money that critics say should be employed instead for new lending to keep the economy moving.
Citigroup faces growing pressure to cut dividend to repair balance sheet

As the banks prepare to convene at No 10, The Sunday Telegraph has learned that Bradford & Bingley, Britain's biggest buy-to-let lender, is plotting a rights issue to try to bolster its ailing balance sheet.
US banks Citigroup and Merrill Lynch reveal fresh $15bn loss

Britain's most senior banking executives will meet Gordon Brown for crucial talks in Downing Street this week as one of the country's biggest mortgage lenders prepares to tap shareholders for hundreds of millions of pounds in fresh capital. The Sunday Telegraph has learned that Bradford & Bingley, Britain's biggest buy-to-let lender, is plotting a rights issue to try to bolster its ailing balance sheet.
Gordon Brown to meet banks in summit over mortgage crisis

Sir James Crosby won plenty of plaudits for his stewardship of HBOS, the Halifax and Bank of Scotland banking giant, during his tenure as chief executive. But he could find his latest role - heading the Treasury's Mortgage Finance Working Group - a far bigger challenge.
Show us the money, plead Britain's mortgage lenders

Share prices have slumped by up to 70% as builders are hit by the double whammy of falling house prices and the credit crisis.
Housebuilders teeter as the crunch bites

The fat years for bankers, hedge fund managers and financiers of most hues may now be coming to an end, but you could argue that they never actually began for middle-class Britain.
Mortgage malaise spells tough times ahead for middle-class Britain

Bonds are generally promoted as safe investments for risk-averse investors, particularly those looking for income. And they are generally less turbulent than shares: after all, they carry a fixed interest rate, or coupon, and promise to repay a set amount on maturity. But that does not mean there are no risks.
Bonds are not always a safe haven in the market's storms

BHP Billiton is set to finally fire the starting gun this month in its bid to take over rival mining giant Rio Tinto in a $130bn-plus deal. BHP is expected to file its 'Form CO' with the office of Neelie Kroes, Competition Commissioner for the European Commission, toward the end of the month.
BHP set to start $130bn takeover bid for Rio Tinto

Monday

The credit crisis engulfing the banking system on both sides of the Atlantic has further to run, said the vice-chairman of the US Federal Reserve. As the US Treasury Secretary and central bankers gave warning that proposed financial reforms would not prevent a repeat of the biggest shock to the world economy since the Great Depression, Donald Kohn, of the Fed, said of the present trouble: It is not over yet.
US Federal Reserve says that credit crisis is not over yet

The correct response may avoid a new Depression - but the banks must pay.
G7 sees catharsis, not catastrophe

The IMF's John Lipsky talks to Edmund Conway about some solutions to pressing problems.
IMF's financial general plots strategy to end the credit crisis

Goldman Sachs has been forced to give investors the largest discount yet offered by an investment bank in the credit crunch in an attempt to offload loans linked to a highly leveraged buyout, The Times has learnt.
Goldman Sachs' huge discount offloads debt

Bradford & Bingley (B&B) angrily denied reports yesterday that it was planning an emergency rights issue amid fears that rumours about the health of its balance sheet would send its share price plunging today.
Bradford & Bingley denies emergency rights issue story

Bradford & Bingley is likely to be the latest focus of stockmarket jitters today after weekend reports said the mortgage lender was planning a rights issue to bolster its financial position.
Bradford & Bingley denies rights issue reports

The UK's economy is heading for a soft landing, despite predictions of a global slowdown after the credit crunch, figures released today by Royal Bank of Scotland will suggest.
Now the good news: 'Economy is heading for a soft landing'

Alistair Darling, the chancellor, has called a meeting with the country's biggest banks to urge them to pass on lower interest rates to squeezed mortgage holders in return for the billions of pounds of extra funds that have been pumped into the financial system.
Darling urges banks to ease mortgage costs

Mortgage lenders are to be told to pass on interest-rate cuts to their customers in return for easier and longer loans from the Bank of England as it tries to restore order to the housing market, The Times has learnt.
Caught in the crunch 4,000 estate agents could be forced to close

Buy-to-let landlords will have to raid their savings and inject extra capital into their homes, under an obscure clause in their mortgage contracts, if house prices continue to fall.
House prices face threat from wave of buy-to-let selling

Sales of tax-free individual savings accounts (ISAs) for the 2007-08 tax year are expected to be the worst on record, as fears over the credit crunch and the precarious nature of the economy take their toll.
ISA sales plunge to record low as the credit crunch bites

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

US Video: Stock Market Technical Analysis 4/11/08

OUTLOOK Sage H1 trading update seen in-lineLondon shares outlook - lower, after US and Asia fall; Sage in focus

OUTLOOK UK smaller company results for the week to April 18

Thomson Financial UK at a glance share guide

Australian shares close sharply lower ahead of U.S. banks' Q1 resultsTokyo shares close sharply lower on Wall St's fall, yen's rise

UK smallcap opening - MobilityOne up on expansion news

UK smallcap opening - Empyrean Energy climbs on significant Sugarloaf find

Australian shares close sharply lower ahead of U.S. banks' Q1 results - UPDATE

UK smallcap opening - Plant Impact advances on Miller distribution dealTokyo shares close sharply lower on Wall St's fall, yen's rise - UPDATE

London shares open lowerUK smallcap opening - Titan Europe surges on Titan Intl's mop-up moveLondon shares open lower after U.S. and Asia decline; Sage falls

UK smallcap opening - Churchill Mining rises on resource update

UK smallcap opening - Gippsland gains on press comment

UK smallcap opening - Minmet resumes trading lower following option shelving

BROKERWATCH BA, Air Berlin cut, Lufthansa upgraded at Morgan Stanley