Compare Spread Betting Companies
| Siemens and Siemens AG in bullish chart patterns |
|
|
|
| Written by Will Peters |
| Tuesday, 26 April 2011 15:25 |
|
Spread betting targets on Tuesday morning. Delta Index, the Dublin based spread betting company, has called Siemends and Siemends AG shares higher. The calls come after the formation of Bullish MACD crossover patterns on both of the stocks charts. Siemens AG is a buy at 13959, a stop has been suggested at 13380 and an initial target suggested at 15059. Siemens shares (European) are a buy at 9635 say Delta Index. A stop has been suggested at 9282 with an initial target called at 10299. Meanwhile for those spread betting traders that prefer to go long, WM Morrisons could be strong target. Jefferies, the investment bank, has suggested a Morrisons shares are underpriced at current levels: "We expect Morrison to report Q1 LFL (ex fuel/VAT) of 1.5%, well ahead of peers. Combined with a strengthening space programme and continued meaningful self-help, the update should confirm that Morrison is well positioned to deliver despite the challenged UK consumer. Stock performance has improved but 10x 2012 P/E (9.7x ex the 8.4p final divi) remains far too low, in our view. "We forecast Morrison to report a relatively strong Q1 update. Our estimate for LfL growth of 1.5% would likely be over 100bps better than that achieved at quoted peers, we believe. A differentiated food offer, solid value positioning, and limited exposure to discretionary items are set to have been major drivers behind this continued solid growth." More spread betting news to follow. |
Spread Betting Lessons - Cut out the emotion!
Oh, and also a lesson why the Stop Loss is your Friend !
Advertisement
More Reading: Spread Betting Blog
Spread Betting From a Beginners Perspective.
> Leveraged trading continues to grow in popularity
> The practice account and dreams of 1 hour working days
> Vist The Spread Betting Blog
Spread betting at a glance
- Spread betting is a financial product that allows retail and professional investors access to the widest possible number and types of exchange traded instruments.
- The spread betting company that you trade through is the market maker, the trader does not actually take ownership of any underlying product. Hence, most jurisdictions do not charge stamp duty on any gains.
- The notion that you don't actually own the product ensures spread betting platforms are able to almost instantaneously execute orders on behalf of their client.
- Spread betting is a leverage product, your money is able to realise you impressive gains as your earnings come in multiples of the actual change in the underlying product that you are trading.
- This is of course where spread betting can also go spectacularly wrong. Losses can be huge, therefore we advise those that are spread betting, or are looking to go into spread betting, to enter each trade with a well thought out strategy. This also means setting a pre-determined stop loss so that losses are cut at a manageable level.
- This website is here to offer more insight into this fascinating trading instrument.



