Accendo Markets

Posts from Accendo Markets

Alternative Investments , News

It’s Mueller time

FTSE 100 Index called to open +15pts at 7310, still in a bearish rising wedge pattern, but at least now 7300, making a bullish challenge on 6/7 Feb highs of

News

Balfour Beatty parties in the USA

FTSE 100 Index called to open +30pts at 7265, maintaining a shallow uptrend towards 7300 since Monday, but in a bearish rising wedge that could yet see the uptrend scuppered.

Alternative Investments , News

Inflation to Produce more volatility?

Henry Croft at Accendo Markets commented to clients this afternoon: “Global equity markets are positive once again as risk appetite takes hold of investors, brushing off yesterday’s stronger than expected

Alternative Investments , News

Standard Life becomes Scottish Widow

Henry Croft, Research Analyst at Accendo Markets commented to clients this morning: “FTSE 100 Index called to open +35pts at 7250, continuing to trade in its shallow rising channel having

News

TUI – Cruise control

Mike van Dulken, Head of Research at Accendo Markets, commented this morning:   TUI tops the UK’s blue-chips this morning as investors welcome a Q1 report card (Oct-Dec) showing revenues

Analysis , News

Trump pump, dump and stumble

FTSE 100 Index called to open +5pts at 7182, further extending Friday’s bounce from 7000, but slowed up by falling highs resistance going back to 29 Jan’s pre-sell-off highs of

News

Risk back on the menu

“Equities are sharply higher to start the week, investors embracing Friday’s US market recovery to replenish risk appetite. While basic resources names are leading the charge higher, very few stocks find

Alternative Investments , News

10 years on, Barclays feels the bite

“FTSE 100 Index called to open +70pts at 7160 having sharply recovered from late Friday lows, although turning back to support at 7155 after failing to overcome intersecting resistance at 7180.

Alternative Investments , News

FTSE Utilities: Tightening the utility belt

Mike van Dulken, Head of Research at Accendo Markets, commented this morning: FTSE Utilities remains a sector under extreme pressure, down another 1% this morning and underperforming the wider market,

Alternative Investments , News

US indices stand corrected

Mike van Dulken & Henry Croft at Accendo Markets, commented to clients this morning: FTSE 100 Index called to open -35pts at 7135, off its overnight lows of 7093 following