CFD guru provides trading tips and ideas for cfd traders as well as commentary on global stock and commodity markets. The informat..
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Bank Of Ireland Chart Shows Strong Reversal
On the left I have a chart of the US listed ADR’s for the Bank of Ireland (ADR) (NYSE:IRE). There’s now a solid looking reversal beginning to play out by the looks of it and it’s all related to the strong results from the latest bond offerings in Spain and Italy. This is something that I [...]
European Bond Yields Ease
The following article from the New York Times reports on the bond auctions that the Italian and Spanish governments conducted yesterday. The results were surprisingly positive: Harvinder Sian, a bond strategist at Royal Bank of Scotland in London, said the Spanish sale “went very well” and should cover about one-tenth of Spain’s borrowing needs for 2012. Considering [...]
Kodak Surges On Patent Lawsuits
Stock in Eastman Kodak Company (NYSE:EK) have more than doubled over the past three days on the back of news that the company had file two patent infringement suits. After making new lows of 36c last last week, the stock has rebounded sharply. Yesterday, the stock managed to put on a further 36% gain, closing at [...]
