All Entries in the "European Stocks" Category
Elliott Wave Analysis of BP 27May 2010
Just a few weeks ago, when analysts were saying that BP’s down move to around 575 was overdone, and it will recover to 730 we discussed the stock from an Elliott Wave perspective and suggested we will see 310 (perhaps before I returned from vacation on 23rd June). We have reached that target a couple [...]
Deutsche Rejects a Rescue, Even as Its Shares Tumble
The headline in Dealbook reads “Deutsche Rejects a Rescue, Even as Its Shares Tumble” and this prompted me to take a look at its chart. (meanwhile Goldman Sachs is said to face a $2 billion loss in Q4!). Back to DB, where you will observe
What is a significant rally in the stock markets?
I read the following in Friday’s FT and thought it is useful to quote here. “History provides some useful benchmarks. After the horrible 1973-74 bear market, equities traded up, though unevenly, until 1982 with six specific bull runs that generated an average 32 percent gain”…but, a buy-and-hold strategy over that time period yielded only 9% compounded annual gains, which merely kept pace with inflation.
A look at BP Plc
Someone wanted to me comment on BP. I am not sure whether she wanted me to look at the British Pound or the British major BP Plc. So I did both.