| Home | Log In | Register | Our Services | My Account | Contact | Help |
Traders Thread - Thursday 6th May (PRU)
Crocodile - 05 May 2004 21:54
| Sorry Your browser is not java capable |
|
 |
|
|
|
|
|
|||||||||
|
|
|
S&P Futures |
|
|||||||||
|
|
|
|||||||||||
|
U.S Techs manage some small gains but the broader market struggle to find direction. The Bank of England appears set to raise interest rates by a quarter-point for the third time since November International Power reported a 3.6 percent rise in first-quarter earnings that beat market forecasts and said talks continued over renegotiating its debt. Earnings per share rose to 2.9 pence from 2.8 pence. Industry analysts had forecast 2.5 pence. Scottish and Newcastle said its 50 percent owned Baltic Beverages Holding in Eastern Europe, one of its key growth businesses, saw first-quarter beer volumes rise 10 percent. Blacks Leisure posted a 26 percent jump in full-year profit to17.9 million pounds ahead of forecasts and said the current year had started well with a 5.3 percent rise in same-store sales Trinity Mirror said improving advertising trends had continued as it reported increased revenue from ads and circulation in the first four months of the year. |
||||||||||||
 |
Calendar: United Kingdom |
 |
United States (GMT) |
 |
Europe & World (GMT) |
|
Blacks Leisure (F), Jennings Brothers (F), Cambridge Silicon Radio (I) International Power (I), Smith & Nephew (I), Xenova Group PLC (I), Prudential (AGM), Xstrata (AGM), Delcam (AGM), Financial Objects (AGM), Hammerson (AGM), Maclellan Group (AGM), Thompson Clive (AGM), Trinity Mirror (AGM), United Business Media (AGM), Sygnet Group (Trading), British Airways (Traffic) 09:00 BRC April Shop Price Index 11:00 BoE Interest Rate Decision |
CMS Energy, Univision Comms, King Pharma,, NVIDIA, 13:30 Initial Claims 13:30 Productivity-Prel |
Fresenius, HeidelbergCement, Hochtief, Leoni, Fresenius Medical Care, SCM Microsystems Inc, Aixtron, FJH, GPC Biotech, BNP Paribas, AGF Assurances, Axa, Vivendi Universal, Sodexho Alliance, Bonduelle, CNP Assurances, |
|||
|
Pre Market Futures |
FTSE -12 |
DAX -6 |
DOW -15 |
S&P -1.4 |
Nasdaq -2 |
|||
zarif
- 06 May 2004 07:30
- 2 of 14
Crocodile - 06 May 2004 07:39 - 3 of 14
Melnibone - 06 May 2004 09:39 - 4 of 14
Most Indices put in a swing low on Monday/Tuesday.
Ftse is the only one that put in a higher last high,
others put in lower highs. So make of that what you will.
All this shows to me is that we are still in the noisy areas
on the P@F charts.
Recent short term downtrends are forming a triangle with the
year+ uptrends. Should all resolve soon.
If anyone has a working Delorean, please share the future with
us. If not you'll have to either wait or guess like the rest
of us. :-)
Melnibone.
Melnibone - 06 May 2004 14:34 - 5 of 14
This was the Friday high that swing traders used to go long
when it was broken to the upside on Tuesday.
Those traders have now taken or lost profit. Traders still in long
from the gap open on Tuesday are seeing profits evaporating.
Possibility now that we close the gap open from friday to tuesday
and go back to the 4480's.
Very quiet here. Has something happened that I don't know about?
Melnibone.
bush - 06 May 2004 14:40 - 6 of 14
We were hiding from you to see what you would do!
(But I have a sneaky suspicion the jokes on us, because i've been stuck behind the sofa for 6 hours and missed all the action)
the markets look very scary, but I'm optomistic
Melnibone - 06 May 2004 14:46 - 7 of 14
Nothing wrong with being optomistic. If the US holds support
then we go up from here.
Financials are knocking the market at the moment. Some are being
sold to provide money to buy the RBS shares that will becoming to
the market. It will also keep fundies balanced by not being
overweight financials when they take up the RBS slack.
Melnibone.
zarif
- 06 May 2004 14:53
- 8 of 14
U r Not alone Melnibone -Chance would be a fine thing.
rgds
zarif
Melnibone - 06 May 2004 15:11 - 9 of 14
I think the US is wary of too good a jobs number tomorrow.
Fed has said it will raise interest rates slowly. But if the
number is too good, they may see it as a sign that the rises
will be sooner and larger than expected and may damp down
consumer spending/borrowing.
Melnibone.
snoball
- 06 May 2004 15:46
- 10 of 14
Melnibone - 06 May 2004 15:51 - 11 of 14
A car that you 'Back to The Future' in. :-)
Melnibone.
Melnibone - 06 May 2004 16:00 - 12 of 14
Quick switch to Capital Spreads on the agenda.
Melnibone.
brianboru
- 06 May 2004 16:11
- 13 of 14
biffa18 - 23 Apr 2006 19:46 - 14 of 14
- Page:
- 1
| About MoneyAM | Ts and Cs | Privacy Policy | Investment Warning | Content Standards | Corporate Solutions | Advertise With Us | Site Map | © 2025 MoneyAM |
Follow us on Twitter