Sirius minerals, which is listed on the London Stock Exchange, recently fallen out of favour with investors. The selling was sharp and heavy. By early December price had fallen below 18, representing a drop of 67% in just the three months. This is a small stock and like most small stocks, volatile and subject to wild swings. The…Continue reading Sirius Minerals Shares: Heavy Sell-Off, But Still Trending Up
GoPro’s stock, like it drones, literally fell out of the sky. Not long after its NASDAQ listing a few years ago the stock took a hefty beating, losing nearly 90%. However, could GoPro be due a break? In this post I just wanted to have a quick look to see what’s going on and what signs…Continue reading Is GoPro Due a Break?
It’s the start of a new year and the US is about to make a new record – national debt will shortly breach $20 trillion. At the end of 2016 the total US debt was exactly $19.9 trillion (I guess Obama didn’t want the $20 trillion award). By the time Trump settles down in the White…Continue reading US Debt About To Cross $20 Trillion. Yawn. Global Debt At Record High. Yawn. Who Cares?
This is an update to my post in late September 2016 on Germany’s Commerzbank. I decided to have a quick look at this bank due to the US Trumphoria stock market rally that has taken place over the past few months. In particular it ignited a significant rally in American banks, such as Morgan Stanley, Goldman Sachs…Continue reading Germany’s Commerzbank UPDATE
The baltic dry index has been in a downtrend for six years with price falling from approximately 11500 all the way to just 500. However, price appears to have finally broken out of this downtrend – if it holds this would indicate a significant trend change to the bullish side. On the chart above I have…Continue reading Baltic Dry Index Turning Bullish?