Time to buy Chinese stocks?

While trade war remains a sticky topic for the Sino-US relation, on both sides of the Pacific their respective stock markets are on a bull run.

On Wall Street, animal spirits are riding high. Generous valuations are heaped on AI, crypto and a wide swathe of stocks. Key US equity indices are near record highs. In…[Read more]

This graphic took my eye (see below) as it looks at possible power shortages, arising from the near insatiable demand of data centres.

And of course this feeds back into the story about copper from earlier this morning.

In this instance, if the data is correct, there is an expected shortfall between power demanded and that available, near…[Read more]

The FT writes today on structural challenges in the copper market that are driven by increasing demand from data centres and electrification, and a paucity of future supplies, particularly at scale,

its quite a lengthy piece but worth seeking out by searching ” The hunt for copper to wire the AI boom”.

This quote is typical of the tone of…[Read more]

Do you recall this post on Airtel Africa AAF LN https://invesdaq.com/activity/p/204
the stock is trading in between support and resistance and right now we are testing at the resistance around 318p.
A clean and sustained break/close above 320p would provide sustenance for the bulls so watch this space as they say.

I cant help but notice that another of the German midcap stocks I mentioned on Monday, has been moving well today.

Engineer Thyssen Krupp AG TKA GR has added +6.00% in the session.

What’s more the gains have been incremental across the day, following a gap higher on the open .

Right place, right time, right thinking it seems.

For better or worse, Christmas is now a season of intense shopping.

From ‘Black Friday’ in the States to ‘Double 11’ in China to ‘Boxing Day Sale’ in the UK – these special shopping festivals are there to tempt consumers to open their wallets and splash out on bargains.

Every year, these discounting programs are launched with great fanfare, wh…[Read more]

You may recall I have posted recently on CMC Markets and IG Group, in the post on CMC Markets I compared its stock price to that of IG Group and sector peer Plus 500.

Citigroup analysts have written on the new of JV operation between Flutter’s Fan Duel and Plus 500 see below….

This is the kind of deal that shines a light on the hidden and…[Read more]

Hochtief AG HOT GR, which I highlighted yesterday, in my comments on German midcaps, are up +4.70% today and have printed as high as €3.10 this morning .

I also note the positive positioning on the European Materials sector smile, of several cement names as highlighted below.

These stocks are showing positive relative strength in their p…[Read more]

A few days ago, I highlighted the gentle, but firm, recovery in silver.

That rally has now intensified.

At the time of writing this morning, the metal has surged to its highest nominal price ever.

An upside breakout last Friday was quickly followed another leap today. The metal is currently changing hands above $57.50 (see below).

Silver…[Read more]

The deputy CEO and CIO of French asset manager Amundi made an interesting observation on LinkedIn last week saying that :

“European Small and Mid Caps are dirty cheap while many of those companies are of very good quality with high visibility and superior dividend yield. It is probably the result of a lack of interest and demand by investors…[Read more]

The start of a new month provides traders and investors with an opportunity to look back over the prior period to examine what worked and what didn’t.

In the images below we see data compiled by S&P DJI for both European and the US markets,

One thing that stands out to me is the rebound in dividend related styles / factors in both tables.…[Read more]

While Nvidia retreats, other AI behemoths are taking up the mantle. The AI juggernaut continues to power ahead.

One of the general market observations is that stocks, even if they are in the same sector, do not peak simultaneously. Some earlier; some later.

During the Great Financial Crisis of 2007/8, for example, Bear Stearns and Lehman…[Read more]

In yesterday’s much-delayed Autumn Budget, the embattled Chancellor omitted a raid on UK banks (via a levy). Investors immediately cheered.

Share prices of UK banks started rising shortly after 12pm. This upward momentum carried on to the morning of Thursday.

If we plot the charts of the big three domestic bank stocks, their well-defined u…[Read more]

You may recall that in a comment about CMC Markets CMCX LN just under a week ago , I highlighted that IG Group IGG LN were among the most oversold UK Stocks .

Well the stock price has started to address that statistic today, rallying by +11.00%.

Lets not forget that according to industry press IG were recently approached by Crypto…[Read more]

Fresnillo (UK:FRES) regains upward initiative

As soon as market sentiment improves somewhat, traders quickly piled back into those market outperformers.

Silver miner Fresnillo (UK:FRES) is one such instrument. Airtel Africa (UK:AAF) is another.

For the past year the Mexico-based precious metal miner had enjoyed a sterling run. Prices…[Read more]

We didn’t have to look far for another example of mispriced US stock in fact we didn’t even need to leave the retail sector. Abercrombie and Fitch ANF US are up + 26.00% as the stock beat earnings consensus by 30.0 cents and pointed to growth at their Hollister subsidiary.

The stock was rated as a moderate buy among 12 analysts – 4 of whom…[Read more]

Here are the analysts recommendations the Hi Low and Consensus price targets and a reminder that this is not the first time lately that Kohls has surprised on the upside .

US mid tier department store Kohls KSS US is set open higher by around +27.0% today after it reported estimate beating numbers.

At least 13 analysts cover the stock on Wall Street so I am forced to wonder how did most of them get it so wrong and how many other stocks out there have been incorrectly labelled ??

Time to sell student rental REIT Unite Group (UTG)?

UK’s higher education sector is a multi-billion industry.

Many students value the prestige of a quality UK degree. Graduating from ‘OxBridge’- short for Oxford and Cambridge – carries a distinct premium in the job market.

In the years before the pandemic, the numbers of students – inter…[Read more]