Market News

Wednesday file

15/09/2021

Newson was not recalled. The California populist specialty is becoming useless.The south of France has seen dramatic floods along the Mediterranean coast. Global warming is real.China is seeing a price collapse in steel and iron ore and its retail sales were up only 2.5% in August vs 8.5% in July. Moreover... More

Tuesday blog

14/09/2021

It took only a half hour for the brief rise in stock markets over inflation being 0.1% below what was forecast to reverse. Our stocks being mostly non-US were more buoyant. Our best performer was Fibra Uno, the Mexican REIT, FBASF, up 5.31%. It trades only occasionally. Grupo Bimbo, another Mexican, gained 4.04%,... More

Moday file

13/09/2021

So here is an update on Nokia from its presentation with Citigroup this morning. Pekka Lundmark is NOK's CEO and explained that NOK reports in euros not dollars. Pekka LundmarkOur view on 2021 in terms of mobile networks, volumes has not changed dramatically. We have been talking about the so-called headwinds in the North... More

Tuesday blog

26/08/2021

Today our Israeli drug stocks rose because the apparent success of the country's huge inoculation effort seems to have reversed. So even Teva is up along with small cap stocks like Compugen, up 5.5%, Bioline, up 3.6%. and Cerus, up 6.1%. However Theravance stock crashed to $10, I know not why. Also up... More

Wednesday file

25/08/2021

Today the US Cyber Security summit brought the tech giants to Washington. Pres. Biden, heartily condemned from Britain and Europe and evenSouth Korea for failing to secure the safety of Afghans who were linked to the west in the past two decades, has decided to change the subject which at least... More

Dow Not Down Any More

23/08/2021

Monday our positions saw drug stocks up on new covid concerns, notable Esperion, ESPR, our best performer but other winners including Zymeworks (ZYME) Novacure (NVCR), and even Novartis and Roche up on new vaccine news. Energy was also buoyant led by volatile Energy Fuels, UUUU, and Plug Power, PLUG. Schlumberger ltd gained... More

John Lewis book

22/08/2021

A message from my Distant Cousin Dick, the Oil TraderFor 8 days in a row the price of  oil has been falling not because there is less demand, but because of the dollar falling in the DXY index against most other major currencies, says Dick. The oil price is lower in other... More

What I am buying Friday

21/08/2021

Unlike Kathie Woods I am not selling my drug stocks which are offering treatment for covid-19 usingmonoclonal antibodies (Roche Holdings partner with Regeneron) and Astra Zeneca which is offering a bispecific antibody. Here in England there is a huge move to boost jabbed peoples immunity with booster shots. I thinkthe same thing will happen... More

Friday file

20/08/2021

Toyota has cut its output 40% over fear of the delta variant of covid, plus shortages of electronics. This is terrifying markets outside the USA.Japan is also in focus because Mitsubishi UFJ Finance, which wwe recommend, has signed up to offer Coinbase in Japan, to add more young investors to the... More

Blog for Thursday

19/08/2021

My husband fell and was hospitalized,, why the blogs ceased. he is now released by the NHS. US stocks fell as I anticipated buy European and British ones are buoyant.Israeli Compugen and its backer Astra Zeneca are up on news that CGEN's bi-specific antigen TIGIT is moving to clinical trials in... More