London shares outlook - lower, NY closes down, United Utilities possible focus

10:00 EU Eurozone PPI April (MoM consensus 0.8%, YoY 6.1%)
10:00 EU Eurozone GDP Q1 (QoQ consensus 0.7%, YoY 2.2%)
14:00 EU Jean-Claude Trichet spreads more fear, uncertainty and doubt at the International Monetary Conference
15:00 US Factory Orders April (consensus 0.1%)
22:00 US ABC Consumer Confidence (consensus -51)
23:00 UK Nationwide Consumer Confidence May (consensus 67)

BROKERWATCH Yell upped to 'neutral' vs 'sell' at UBS; target cut to 135p vs 150

Tokyo shares close lower, exporters lead decline on stronger yen

BROKERWATCH Rubis upgraded to 'Add' by Natixis after Channel Islands buyThomson Financial UK at a glance share guide

Australian shares close sharply lower, financial stocks lead falls

UK smallcap opening - Minerva Resources firms on positive drilling report

Tokyo shares close lower, exporters lead decline on stronger yen - UPDATEUK smallcap opening - Brightside down as FY losses mount; acquisitions & placing

BROKERWATCH RSA Insurance kept as 'buy' at ABN Amro; target upped to 164p

UK smallcap opening - Novera Energy retreats as bid talks terminated

London shares open lower as NY closes weaker; banks under pressure

Master RSI,

Thanks for your reply re MMS. I guessed at similar but without the chart know-how it was only a guess. hope to see some profit taking leading to a cheaper buy-in SP.
Do you have time to impart your knowledge on a BB page? or a list of good books/courses etc. Charts aren't always the answer as some stocks fluctuate too wildly but often they can prove very useful, something Cynic taught me(thanks Cynic)

regards
Alex

UK smallcap opening - Forbidden Technologies, Delling down on FY lossesAustralian shares close sharply lower led by financials - UPDATE

UK smallcap opening - Avocet Mining down awaiting transformational deal

STOCKWATCH Tiscali sharply higher on reported Vodafone dealSTOCKWATCH Intercontinental Hotels down on cautious NYU Hospitality Conference

UK smallcap opening - Nexus Management advances on U.S. deal

KEEP AN EYE
ASM 22.25 - 22.75p

Reason - Rising for the last couple days from lows after some good news. Adquisition a couple weeks ago. Has enough cash to keep the company going for the next couple years, all Indicators at oversold and now rising

UK smallcap opening - Patagonia Gold firms on upbeat drilling report

BROKERWATCH Merrill Lynch reshuffles most/least preferred list of insurers

BROKERWATCH JP Morgan launches coverage of five European media companiesUK smallcap opening - Penna up on solid FY results, dividend resumption