Michelle Daly's public updates
Today
Company News 11 March
British Airways’s 12,000 flight attendants moved closer to a strike after talks with Europe’s third-largest airline over pay cuts broke down. (BBG)
UK
UK Stocks – Investec to join and Resolution to leave FTSE 100. (BBG)
representing Paddy Power Trader
Market News 11 March
If interest rates rise, our prospects plummet, according to Anatole Kaletsky. Given that tax increases and cuts in public spending are inevitable in the next Parliament, whoever wins, a strong recovery will only be possible on one conditi
representing Paddy Power Trader
Broker Share Tips – ICH, Tullow Oil, BMW
Below is a list of major companies who have had their ratings changed early this morning (11 March) by brokers that we follow. Click for a list of the brokers we follow.
Only upgrades to the top ‘Buy’ ratings and downgrades to
representing Paddy Power Trader
Yesterday
Short Trade In Oil
Short and sweet this one; I’ve just sold Brent Crude.
Yes, I’ve seen the supply numbers, and yes, this is a risky trade, partly because it’s in oil and partly because there isn’t a clear reversal signal yet. But h
representing Paddy Power Trader
Stocks Tread Water Awaiting A Fresh Catalyst
US stocks closed a rather modest 0.15% higher Tuesday in a real sea-saw day. Stocks opened lower, but rallied almost 1% in the morning and afternoon before selling off dramatically into the close. Stocks held onto their gains, but a low
representing Paddy Power Trader
Broker Share Tips – Microsoft, Merck, eBay
Below is a list of major companies who have had their ratings changed this afternoon (10 March) by brokers that we follow. Click for a list of the brokers we follow.
Only upgrades to the top ‘Buy’ ratings and downgrades to the
representing Paddy Power Trader
Midday Market Report 10 March
European bourses opened unchanged and moving into the North American open are trading in minor positive territory. Basic materials has been the best performing sector due to strength in metals, especially Gold, followed by oil and gas sec
representing Paddy Power Trader
US Stockmarket Approaches Double Top
It’s looking as though the S&P 500 is heading for a double-top formation, reaching January’s highs any time now.
At the time of writing, the pre-market price is showing 1142, just 8 points off the magic 1150. The obvious questi
representing Paddy Power Trader
Market News 10 March
Bank of England officials are counting on their £200bln bond purchase program to have succeeded in restoring the economy to growth, policy maker Adam Poser said (RTRS) We believe growth will pick up from here, Posen said in an interview
representing Paddy Power Trader
Company News 10 March
Jonathan Pierce, from Credit Suisse, believes UK banks will have to reduce the size of their balance sheets by as much as £530bln over the next three to four years to meet new regulations. (Telegraph)
UK
GlaxoSmithKline – Co. has s
representing Paddy Power Trader
Broker Share Tips – Inmarsat, Antofagasta
Below is a list of major companies who have had their ratings changed early this morning (10 March) by brokers that we follow. Click for a list of the brokers we follow.
Only upgrades to the top ‘Buy’ ratings and downgrades to
representing Paddy Power Trader
March 9th, 2010
Waiting For Breakout In EuroDollar
OK, so the EuroDollar chart isn’t going to set pulses racing, but it’s an early heads up to keep awake ready for a big move.
There’s little to say at the moment; the EURUSD is stuck in a $1.3450-1.37 trading range with few clues a
representing Paddy Power Trader
Stocks Unhappy Anniversary
Today marks the one-year anniversary of what proved to be the low-point for risk assets in the post Lehman Brothers meltdown. However, as is typical in the wake of a US non-farm payrolls report, markets were pretty subdued overnight. Whil
representing Paddy Power Trader
Broker Share Tips – Petrofac, Kraft Foods
Below is a list of major companies who have had their ratings changed this afternoon (09 March) by brokers that we follow. Click for a list of the brokers we follow.
Only upgrades to the top ‘Buy’ ratings and downgrades to the
representing Paddy Power Trader
Midday Market Report 09 March
European bourses opened in minor positive territory, however soon lost strength following downbeat comments from Fitch on European sovereign ratings, which provided strength to the USD index due to the risk-averse trade that in turn weigh
representing Paddy Power Trader
Want to know more about Trader Psychology.?..check ...
Want to know more about Trader Psychology.?..check out our new high performance trading event in London http://bit.ly/djZL1c
representing Paddy Power Trader
Oil drops to near $81 a barrel: ...
Oil drops to near $81 a barrel: Oil prices dropped to near $81 a barrel on Tuesday in Asia, losing momentum after ... http://bit.ly/dmes7T
representing Paddy Power Trader
Gold Falls To Test Support At $1116
With commodities retracing their recent gains, gold has fallen back into the trading range. The question is whether weakening momentum will take the price below support at $1116.
Last week I highlighted a possible bullish breakout in gol
representing Paddy Power Trader
Company News 09 March
GlaxoSmithKline plans M&A in India this year. (Indian Express)
UK
Barclays – Co. rumoured to be set to receive GBP 6bln Chinese investment. (Times)
RBS – Co., subject of the world’s biggest bank bailout, has the lar
representing Paddy Power Trader
Market News 09 March
Downgrade threat looms at UK banks. Moody’s said the expected wind-down of the UK’s banking bailout programmes could trigger ratings downgrades of some British lenders’ bonds.
UK News
BOE’s Barker says MPC faces co
representing Paddy Power Trader
Broker Share Tips – Lloyds, Apple, Vodafone
Below is a list of major companies who have had their ratings changed early this morning (09 March) by brokers that we follow. Click for a list of the brokers we follow.
Only upgrades to the top ‘Buy’ ratings and downgrades to
representing Paddy Power Trader
March 8th, 2010
Dow Looks A Better Bet Than FTSE
There’s a lot of post-payrolls bullishness today so I’ve decided to look at two stockmarkets with slightly different stories to tell.
Wall Street
The Dow at 10560 is currently up 725 points (7%) from February’s low, but still 170
representing Paddy Power Trader
The European Commission may set up a ...
The European Commission may set up a version of the International Monetary Fund to bolster the eurozone's f.. http://bit.ly/bX3fjN
representing Paddy Power Trader
Broker Share Tips – Shell, Vodafone
Below is a list of major companies who have had their ratings changed this afternoon (08 March) by brokers that we follow. Click for a list of the brokers we follow.
Only upgrades to the top ‘Buy’ ratings and downgrades to the
representing Paddy Power Trader
Stocks Look To Consolidate Gains From Friday
On Friday a combination of better-than-expected data and easing sovereign concerns combined to deliver some very constructive price action in equity markets, with key bourses across Europe and the US making seven-week highs. Commodity pri
representing Paddy Power Trader
Midday Market Report 08 March
European bourses opened in marginal positive territory following strength in Asian equities as well as comments from PBOC’s chief on CNY appreciation that led to USD weakness, which in turn strengthened commodity-linked stocks. However,
representing Paddy Power Trader
Market News 08 March
Alistair Darling will refuse to bow to calls for more aggressive spending cuts in his budget this month and will stick to fiscal plans set out last year (Sunday Times) Darling will confirm the date of the budget this week with the Treasur
representing Paddy Power Trader
Company News 08 March
Vodafone – Apple executives are arriving in Britain this week for talks with mobile-phone companies over which network will sign up its iPad tablet computer. (Sunday Times)
UK
Mining stocks – Demand for global metals should im
representing Paddy Power Trader
Broker Share Tips – Whitbread, Visa
Below is a list of major companies who have had their ratings changed early this morning (08 March) by brokers that we follow. Click for a list of the brokers we follow.
Only upgrades to the top ‘Buy’ ratings and downgrades to
representing Paddy Power Trader
March 5th, 2010
Weathering Payrolls
Markets have really struggled for direction overnight, perhaps not surprising with the US non-farm payrolls report looming large. US equities closed modestly in the black but the commodity complex was generally a touch weaker, credit spre
representing Paddy Power Trader
Trade Of The Week: UK FTSE
This week’s trade serves as a useful warning about jumping into a trade too early, but also demonstrates how a good stop-loss discipline can limit the damage.
I have an unfortunate habit of being a bit too keen to sell the FTSE. This c
representing Paddy Power Trader
Broker Share Tips – Imperial Tobacco, Balfour Beatty
Below is a list of major companies who have had their ratings changed this afternoon (05 March) by brokers that we follow. Click for a list of the brokers we follow.
Only upgrades to the top ‘Buy’ ratings and downgrades to the
representing Paddy Power Trader
Midday Market Report 05 March
European bourses opened in positive territory following strength in Asian equities, and moving into the North American open, has maintained its gain ahead of US nonfarm payrolls figure due later in the session. Financials has been the bes
representing Paddy Power Trader
Monthly Economic Outlook March 2010
Unprecedented times call for unconventional measures. Fearing an economic meltdown at the height of the financial crisis, most governments implemented large fiscal stimulus packages and policymakers moved private sector risk onto the publ
representing Paddy Power Trader
It’s All About Yield
We’ve had a wobbly few weeks but a decent bounce back. Looking at the main indices you could even perhaps see a ‘bullish pennant’ forming. Possibly a breakout?
As readers of my blogs will know, I’ve been pretty darn bullish for
representing Paddy Power Trader
Company News 05 March
Rio Tinto – Aluminium Corp of China, the largest shareholder in co., is seeking a board membership in the global mining giant. (RTRS)
UK
Barclays – China Development Bank (CDB) is reviewing its ties with the co., according to CDB’s
representing Paddy Power Trader
Broker Share Tips – Aviva, Thomas Cook
Below is a list of major companies who have had their ratings changed early this morning (05 March) by brokers that we follow. Click for a list of the brokers we follow.
Only upgrades to the top ‘Buy’ ratings and downgrades to
representing Paddy Power Trader
Market News 05 March
T-notes finished marginally higher as traders positioned themselves ahead of non-farm payrolls.
UK News
New blow for Tories as lead slips in marginals. (Independent) The YouGov poll for Channel 4 News found the Tory lead in 60 Labour-hel
representing Paddy Power Trader
March 4th, 2010
Is Rightmove Ready To Move Down?
With the main markets on ‘pause’ ahead of tomorrow’s US payrolls I thought I’d look at another equity chart.
Prompted by further signs of post-stamp-duty weakness in the UK housing market I thought I’d check out the chart for
representing Paddy Power Trader
Markets Higher Despite Fresh Plunge In US Housing
Markets have again generally traded with a modestly positive tone overnight, reflected in modest gains in equity and commodity markets and some modest weakness in debt markets (although in late trade the US equity market surrendered its e
representing Paddy Power Trader
Is It Nearly Time To Sell Oil?
Brent Crude has rallied along with stockmarkets and, gold, but is it nearly time to sell?
Crikey, it’s almost a month since I last looked at oil (Brent Crude Looking To Move Higher?). At that point I fancied it to bounce, but with litt
representing Paddy Power Trader
Want to know more about Trader Psychology.?..check ...
Want to know more about Trader Psychology.?..check out our new high performance trading event in London http://bit.ly/djZL1c
representing Paddy Power Trader
Broker Share Tips – Standard Chartered, Aviva
Below is a list of major companies who have had their ratings changed this afternoon (04 March) by brokers that we follow. Click for a list of the brokers we follow.
Only upgrades to the top ‘Buy’ ratings and downgrades to the
representing Paddy Power Trader
Midday Market Report 04 March
BoE keeps rates on hold at 0.5% as expected, with no increase to the £200bn target for Quantitative Easing purchases.
Monster Employment Index (Feb) M/M 124 vs. Prev. 114. The Monster Employment Index rose by 10 points in February, as e
representing Paddy Power Trader
European Central Bank March Rate Decision
Trichet is likely to warn against premature tightening and will again reaffirm that the measures taken by the ECB to withdraw liquidity is not a precondition to a rate hike and say that rates are appropriate.
Despite a slowdown in Eurozo
representing Paddy Power Trader
Bank Of England March Rate Decision
All economists on Bloomberg expect the APF target to be left unchanged at £200bln.
BOE to remain in ‘wait and see’ mode, but leave door open to more easing.
The MPC will most likely keep interest rates at 0.5% when they report at 12:
representing Paddy Power Trader
Was at #digitalcream yesterday in Lodnon very ...
Was at #digitalcream yesterday in Lodnon very interesting stuff there....well done to everyone involved...
representing Paddy Power Trader
Broker Share Tips – BA,Centrica
Below is a list of major companies who have had their ratings changed early this morning (04 March) by brokers that we follow. Click for a list of the brokers we follow.
Only upgrades to the top ‘Buy’ ratings and downgrades to
representing Paddy Power Trader
Company News 04 March
Aggreko – Co.’s 2009 net income GBP 168.4mln vs. Prev. GBP 122.7mln, and recommends 25% dividend boost. Co.’s sees doing in 2010 a little better than anticipated. (BBG)
UK
Prudential – Co. may become a takeover target, after its s
representing Paddy Power Trader
Market News 04 March
Greek finance minister Papaconstantinou says need clear support mechanisms from the EU and can’t exclude IMF financing.
UK News
Times MPC urges Bank to hold rates and easing. (Times) The Bank of England’s Monetary Policy Comm
representing Paddy Power Trader
[1].jpg?1235298890){kind=small}
