FTSE down again 28 points, after DOW recovery yesterday which finished at new all-time high yet again
The FTSE continues its strange reluctance to follow the DOW, except when it goes down
Bank of England raises rates by o.25% to 5.5% - ECB leaves rates unchanged at 3.75%
House prices in the UK rose 0.9% last month according to the Halifax - pity I haven't got an extra one to sell.
YELL has moved up 4% today on rumours that private equity might be looking at a takeover, all very vague rumours at the moment and YELL has made 'no comment' but in the present climate and given the recent slump in its price YELL could well be on somebody's shopping list. Good news for me as I picked up a few last week.
ITM still looking a bit poorly, but I'm confident of a rapid recovery! SLN looking strong so I bought back in (shouldn't have sold in the first place).
III had bumper profits and announced share buyback plans, it rose 28p rise to £11.97p at one point but has now dropped back to 1176p, another one on the watch list if it falls back further over the next few days.
Ridge Mining's chart (RDG) is looking interesting seems to be near a breakout (according to some)
BARC is also starting to look interesting again back down at 713p - I am tempted but will hang on till the US opens at least to see which way the wind is blowing.
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