A Brief Look At The Week Ahead

This week, economists and analysts are anticipating several key economics reports. Most important will be the consumer price index numbers to be unveiled on Tuesday. The BoE Monetary Policy Committee was given these figures last week. Most economists are betting that they will reveal an inflation rate of at least 3%, compared to the 2% target. Also keenly watched will be the labour market data to be released by the Office for National Statistics. The last set of figures, for the three months through to October, showed a massive drop of 93,000 full-time jobs. Also included in the report will be wage-growth numbers. The number of people in fulltime work will have far-reaching implications for the rest of the economy, from the strength of house-price growth to consumption levels. Several of the UK's biggest retail names will give trading updates that should complete the picture of the holiday shopping period. These companies include Tesco, Debenhams, Woolworths,, Burberry, Kesa Electricals,, Ted Baker, and Mothercare. Vedanta will unveil Q3 earnings on Monday, and investors will be hoping for a better showing than it managed in November, when the copper and zinc producer missed first-half profit estimates. The company will be pressed on its Zambian operations, where it has had to stop production due to power cuts and government intervention, but its numbers, both on production and financially, are expected to be solid. Another miner set for a strong showing is Rio Tinto. The company's production results on Wednesday are expected to highlight strong iron-ore output in China, as well as record production of coal and aluminium. Brewing giant SABMiller is expected to produce a bumper trading statement on Wednesday. It will be the first quarter in which recently acquired South American businesses will be included, and analysts are expecting the hot weather and strong numbers earlier in the year to show through once again. Good hunting! Greystone PS - Don't forget the US is closed Monday for Martin Luther King day... (Greystone is Alan English, City Editor at MoneyAM.)

One for the "UPS Analysis selection HML

HML price 3.05p

Last Friday Volume surge to 5.5 times the usual

A change of direction to the uptrend and looking form the CUP shape at 5.75p

The company said late last Friday that it was in the late stages of negotiations with an AIM traded life sciences company, further announcement detailing the particulars would be unveiled within 7 days most likely with results

Provide a pipeline of products to the pharmaceutical industry on a worldwide basis, does preliminary sourcing and screening of candidates to combat diseases caused by the herpes family of viruses and certain other DNA viruses.

The CUP shape to come at HML

another for the "UPS" (Added by Master RSI on Sun 14 Jan 08:41 pm)

NCS - Mid 3.1p

Reason - Tomorrow's EGM will determine the change of name to "TomCo Energy" and the reverse takeover completed and giving power to directors to start doing the deals that they have already announced will come from that

Chart for NCS

Good morning traders!

In Asia today, the Nikkei closed 152.91 points higher at 17,209.92, while the Hang Seng ended the morning up 289.49 points at 19,902.90.

New York Mercantile Exchange's main oil contract, light sweet crude for delivery in February, was up 36 cents at $53.35 a barrel from $52.99 in late trading in the US Friday.

Happy trading!

G.

Morning all.

master RSI - HML - don't disagree with your analysis, though i note that after the initial opening surge, sp has pulled back to only +0.2 ...... what would worry me (if i held) is that there seems to have been a hefty "buy" mailshot ..... past experience of HML is that investors should put in a trailing stop and /or a limit a little below that 5.75 level

Good morning all

Another one for the "UPS" (Added by Master RSI on Mon 15 Jan 07:54 am)

YOO - Mid 1.75p

Reason - A BUY recomendation will come later from Sharepoint, saying: "they are in talks with the Football League with a view to revolutionising ticket sales for major sporting events in the UK"

Another one for the "UPS "
(Added by Master RSI on Mon 15 Jan 09:06 am)

GOO - Mid 8.125p
Reason - Bouncing from lows lately is now into a double bottom, (a very positive charting ) with Indicators rising from Oversold. Company sees progress on 2007, on a L2 of 4 v 3 and able to buy at 8.20p

Chart showing the double bottom now in process

End-of-day Market Roundup