Wed 7th Oct 15, 08:37:59
(ShareCast News) - Low-cost airline Fastjet has been granted an Air Operator Certificate by the Civil Aviation Authority of Zimbabwe, which gives it a licence to operate both domestic and international routes within and from Zimbabwe.
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(ShareCast News) - 0849: Miners are in the lead early on and airliners' shares on their back foot out on both the top flight index and its second-tier counterpart. Stock in Tesco is also lower after the grocer announced operating profits more than halved. Industrial output data for August is scheduled for release at 09:30. FTSE 100 up 13.12 points to 6,339.39. 1 hour ago
(ShareCast News) - IG Group will correct a number of client accounts at a total cost of £1m after a ruling from the Financial Ombudsman Service. 1 hour ago
(ShareCast News) - German industrial production slumped in August, amid a sharp decline in the output of capital goods. 53 minutes ago
(ShareCast News) - Investment trust Electra Private Equity has said one of its portfolio companies has completed the sale of MIMS, its Asian healthcare information business, to SMS and Mitsui for $250m. 55 minutes ago
(ShareCast News) - Spanish industrial production declined by 1.4% month-on-month in August, more than reversing the previous month's rise of 0.7%, data from the country's statistics office revealed. 42 minutes ago
(ShareCast News) - Energy services company Wood Group has been awarded a multi-million dollar deal by US construction and civil engineering group Bechtel. 57 minutes ago
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Let’s be honest: Wall Street has an embarrassing track record in forecasting what the markets will do.
According to a recent study by Money Morning, comparing the average forecast of Wall Street “experts” to the actual performance of the S&P 500 between 2000 and 2014 reveals a nearly 15 percentage point difference each year!
From the onset of time, human beings have associated certain activities with certain events, thus forming the basis of superstitious beliefs and actions.
These have also spilled into the financial markets. Here are 5 weird trading rituals commonly practiced by traders.
Markets are people. So beating them asks for insight in what they are doing. And, perhaps more importantly, how they feel, because that will direct their future actions and, in the end, what markets will do.
At least short term. To know how people feel we need to distinguish the ones with a position from the spectators on the sidelines. Both groups have a very different state of mind.
"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." - Arthur Schopenhauer
Back in September 2011 I released an update stating I was looking for the Dow Jones to make a new all-time high of 14200 in March 2013.
While there are many different stock trading styles, there are also a number of universal truths that every stock trader knows no matter what their persuasion.
Here are nine that you may already know yourself – and if you don’t, then it’s time to learn.