“LONDON (MarketWatch) — Consumer lending in Great Britain continued to slow in June, the Bank of England reported Wednesday, growing at its weakest pace since current records began in 1993. Total consumer lending rose by 414 million pounds ($682 million), compared with a rise of 485 million pounds in May. Economists had forecast a rise [...]
Time to return to reality perhaps. I want some hedge here against my longs before i remove them. Shorting the dow with £2pp at 8460.
Although the news from Mexico is very serious, and my thoughts go out to all those involved and I wish them a speedy recovery, I don’t think it’s panic stations as far as the possibility of a more serious global pandemic goes. If the local and international media is to be believed, and although the conspiracist [...]
“A mile travelled by a large truck full of groceries is not the same as a mile travelled by a sport-utility vehicle carrying a bag of salad” Economist Article, 2006 As a response to this post by nattsang and the increased chatter about protectionism in the world media due to the America first clause in the recent [...]
So why go long RIMM of Blackberriy, Bold, Storm fame? On the back of news that RIMM had raised revenue and profit guidance last night, I felt compelled to jump in on the long side for a trade. The market seemed somewhat unimpressed by the news after hours and in pre market trade, with the shares only [...]
£1 a point long on RIMM (Research in Motion) at $39.87. As usual, not advice, just what im doing. thoughts to follow.
With the news today that BA are in merger talks with Qantas, added to the already announced Iberia merger and AA alliance, it seems that British Airways and their partners in OneWorld are interested in taking the alliance to its logical conclusion (and bypassing all the governmental resistance to such a move). A single airline, from a logistical and [...]
I looked at the British Airways iii message board this evening and what I found was somewhat disconcerting. Although its only an anecdotal tell, I would feel much more comfortable about being long if there was more fear on a board like this (as I said in my techy post on the board, shown below) – “I find the general bullishness on [...]
Fear. Loathing. Las Vegas. Everywhere you look there are stories that in years past would have all been front page news. The above stories probably werent even the most important events of the day what with the car bail out started to stall and the commercial mortgage markets cracks growing ever larger. In fact those two [...]
So I looked at the bearish case, but why did I go long? – 1) Many competitors are going bankrupt – You dont have to be a genius to notice that lots of airlines have gone bankrupt this year. Indeed, all the transatlantic business class only airlines which were trying to compete with BA for its lucrative premium customers [...]