goldfinger
- 19 Mar 2013 13:57
david lucas
- 25 Sep 2013 09:59
- 1013 of 2763
Hi GF
Good rising RSI and trend for AQP but low volume. Should be interesting to monitor at 51.88.
Thanks for pointing it out!
goldfinger
- 25 Sep 2013 12:47
- 1014 of 2763
Cheers David lovely bowl type recovery taking place here.
I tend to always have a bank and a miner as on bad days you tend to find banks and miners moving in the same direction ie up. Check it out.
Its a kind of counter reaction to the market as a whole and keeps ones pecker up whilst all around is falling.
david lucas
- 25 Sep 2013 12:56
- 1015 of 2763
Thanks GF! That is interesting.
I shall check out that scenario! Do not understand why miners should do well on a bad day, but there must be a logical reason.
goldfinger
- 25 Sep 2013 13:23
- 1016 of 2763
Well the usual saying goes that both miners and banks do well when the economy is growing..........so if you take that one step further the economy is disputably growing now therefore even if other stocks are having a lousy day miners and banks will still do well.
Hope thats clear enough david but Ive found it pan out like that by and large for the last 10 years or so.
cheers mick
cynic
- 25 Sep 2013 13:24
- 1017 of 2763
re miners, it most assuredly should be true, for pretty obvious reasons, but currently the market does not want to know
goldfinger
- 25 Sep 2013 13:49
- 1018 of 2763
Interesting to note this broker has a sp target the same as mine on the chart I drew earlier.
19 Aug
Deutsche Bank
Buy
52.00
60.00
60.00
Reiterates
goldfinger
- 01 Oct 2013 08:25
- 1021 of 2763
Institute of Trading @Instutrade 2m
RUMOURS: US NFP number could be released earlier, possibly today, instead of the typical first Friday of the month
skinny
- 02 Oct 2013 16:01
- 1024 of 2763
ATP (post 1022) up 6.8% atm.
goldfinger
- 03 Oct 2013 12:13
- 1025 of 2763
Winding down my folio just 3 stocks left and they wont be their for much longer.
17th of october deadline for US debt ceiling.
If no agreement reached the market will collapse, dont take the risk or you could lose a great deal or lose everything.
Get out in a orderly and profitable fashion dont wait for the stampede.
david lucas
- 04 Oct 2013 12:43
- 1026 of 2763
Hi GF
I agree about 17th. I liquidated 75% of my portfolio to preserve my hard earned profits made this year. So I am sitting with a bit of cash to buy some quality shares that will be more affordable if there is a crisis. I think people are underestimating the importance of this debt ceiling. More than anything it shows the ineptness of American politics and how, even in times of crisis they cannot compromise for the greater good. But it should throw up a few bargains!
Shortie
- 04 Oct 2013 13:44
- 1027 of 2763
I liquidated 60% of my FTSE holdings months ago. I'll hedge the rest, good yielders, by running a short against the FTSE.
Shortie
- 04 Oct 2013 13:47
- 1028 of 2763
Among the companies with shares expected to actively trade in Friday's session are Forest Oil Corp. (FST), Discovery Laboratories Inc. (DSCO) and Xyratex Ltd. (XRTX). Forest Oil disclosed it agreed to sell its Texas Panhandle assets for $1 billion. The stock climbed 9.5% to $6.95 in premarket trading as the oil and gas producer said it expects to use proceeds from the sale to primarily reduce debt and bolster financial flexibility. Discovery Labs surged premarket as the Food & Drug Administration approved a specification update for Surfaxin, clearing the way for the product's sale after delays in getting to market a drug to prevent respiratory-distress syndrome in premature infants. In April, the FDA wanted clarifications and gave recommendations to Discovery. Surfaxin, which received FDA approval in March 2012, was slated to first become available this past spring. Production has now begun and Discovery expects sales to start before year's end. Shares soared 61% to $3.18. Xyratex's fiscal third-quarter earnings fell 70% on a double-digit revenue decline mostly related to a continued reduction in revenue from NetApp Inc. (NTAP). Shares were down 7.4% at $11.11 in light premarket trading as the company also gave a mostly downbeat outlook for the current quarter. Union Pacific Corp. (UNP) issued third-quarter earnings and revenue targets that fell short of Wall Street's expectations, as the railroad operator said mild weather and an uncertain economic environment led to flat volumes. Shares of Union Pacific fell 1.2% to $153.50 premarket. Peers CSX Corp. (CSX) and Norfolk Southern Corp. (NSC) were also trading lower. Lannett Co. (LCI) said an offering of 5.87 million of its shares priced at a 14% discount to Thursday's close. The offering includes 4.25 million shares offered by the company and 1.62 million on behalf of selling shareholders. The generic pharmaceutical maker intends to use proceeds for general corporate purposes. Lannett recently had about 28.7 million shares outstanding, according to FactSet. Shares fell 13% to $18.19 in premarket trading. NeoStem Inc. (NBS) said its offering of five million shares priced at an 11% discount to Thursday's close. The company intends to use the proceeds for working capital, including research and development of cell therapeutic product candidates, expansion of business units, strategic transaction and other general corporate purposes. NeoStem recently had about 20.3 million shares outstanding, according to FactSet. Shares fell 11% to $7 premarket. Delcath Systems Inc. (DCTH) said it has cut about one-third of its workforce to cut costs, just three weeks after the pharmaceutical and medical-device company fired its chief executive and created a committee to explore strategic options. Shares dropped 15% to 44 cents in premarket trading. Watch List: Comtech Telecommunications Corp.'s (CMTL) fiscal fourth-quarter earnings fell 35% as the maker of advanced communication systems posted sales declines throughout its operations. However, per-share earnings beat analyst expectations and the company recorded its highest quarterly bookings number for the year. Pfizer Inc. (PFE) said the Food and Drug Administration approved its Duavee treatment for moderate to severe hot flashes and to prevent post-menopausal osteoporosis in women. The drug was developed by Pfizer's Wyeth Pharmaceuticals unit as part of a broader collaboration with Ligand Pharmaceuticals Inc. (LGND). Fabless semiconductor company Silicon Motion Technology Corp. (SIMO) said revenue for the third quarter will be at the lower end of its prior expectations, though adjusted margins are expected to be within the upper half of its guidance.
goldfinger
- 07 Oct 2013 15:33
- 1030 of 2763
Looks good Skinny but Im suprised your still in the market.
Thought you would have started winding down now with all this confusion in the US.
Mind I think itl give a good buying opportunity when all is settled.
goldfinger
- 09 Oct 2013 08:56
- 1031 of 2763
Market unfolding like I thought it would. 200day EMA given way which is a very bad sign. Warren Buffet thinks their may be an 11th hour agreement in the US others doubt this. Sorrry state of affairs by US politicians.
Looks to be support on the daily at 6200.
On the Weekly again support at 6200 but in danger of taking out the 50day EMA in the process.