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Lou Gutheil

FTSE 100 Breaks the 7,000 Mark!

21 Mar 2015 @ 02:23
Break out the champagne! At 3:06 pm GMT, the FTSE is at 7,005.48! I have been watching the FTSE all day – just like you have. In the few seconds it took me to type that, it has  already hit 7,009.00 and is now at 7,010.34! This is an incredible day, as we all watch […]
 

FTSE Almost Reaches 7,000 - I Told You So!

20 Mar 2015 @ 06:21
In the waning trading hours yesterday I wrote “I, for one, believe that there may be adequate activity and the right atmosphere to make this the week that the FTSE reaches 7,000.00.” That’s a pretty bold statement to make on a Wednesday afternoon. Lot’s of pundits might dare to say something like that before a […]
 

Standard Charter & George Osborne Push FTSE Toward 7,000 Again

19 Mar 2015 @ 03:01
The FTSE 100 is pushing back toward record territory once again today with help from Standard Charter Bank (LSE:STAN) and George Osborne. Approaching 3:00 pm in London, the FTSE is up 1.43% to 6.935.46, moving closer to surpassing its 6,974.26 52-week high. To be clear, Standard Charter and George Osborne are not the only reasons […]
 

Just Eat. Sounds Good to Me.

18 Mar 2015 @ 02:18
Just Eat’s share price (LSE:JE.) surged by 2.12% to 371.00 today on the London Stock Exchange as investors cheered the company’s maiden full-year report since listing on 08 April 2014. This was especially encouraging to me, as I spent several decades trying to figure out what “Just Do It” meant. Now I know. Just Eat. […]
 

U.S. Markets Take a Dive

14 Mar 2015 @ 05:55
There are still almost three hours of trading time left in New York, but with the Dow down by more than 228 points to 17,760.87, the Nasdaq down 42.02 points to 4,851, and the S&P 500 down 20.26 points to 2,045.9, it does not appear that the day is going to end well. Normally, I […]
 

Kirkland Lake Gold Looks Golden

12 Mar 2015 @ 09:19
The share price of Kirkland Lake Gold (LSE:KGI) (TSX:KGI) got a 24-carat response from investors today after issuing its Q3 2015 results. Its share price closed at 255.00 on the London Exchange, up by 4.08%, boosting it back to more than halfway toward its 52-week high of 334.00 and its low of 135.00 for the […]
 

Manic-Depressive Markets

11 Mar 2015 @ 07:01
“Like any high-stakes business, the highs and lows can make you a manic-depressive person, if you weren’t that way to start with.” Sounds like someone commenting on the stock market – and anyone involved with it – doesn’t it? One day everyone is euphoric. The next, they are ready to admit themselves to the nearest […]
 

McDonalds Leaving a Bad Taste

10 Mar 2015 @ 06:08
Perhaps it would be in McDonalds’ (NYSE:MCD) best interest to stop publishing their monthly results until their operational results turn around. February 2015 results just extended the continuum of disappointment for another 30 days (I know. February has only 28 days, but that’s not the point.) McDonalds’ share price is currently at 97.94, up only […]
 

The FTSE, Maxwell Smart & Roger Bannister

06 Mar 2015 @ 11:09
The FTSE failed once again to soar about the coveted 7,000 mark. However, it closed at yet another record high again today, finishing at 6,961.14. As Maxwell Smart, the infamously inept spy from the mid-1960s TV program Get Smart, would say, “Missed it by that much!” If you weren’t around in the mid-60’s, ask your […]
 

The Weird World of Barclays Banking

04 Mar 2015 @ 08:33
The share price of Barclays (LSE:BARC) fell 3.22% on the LSE today, closing at 254.30, dragging the nearly record-setting FTSE 100 index from its lofty heights of 02 March back to 6,889.13. The decline today was clearly attributable to two things: the release of the bank’s final results for the year ended 31 December 2014 […]
 
 
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