Compare Spread Betting Companies
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The Spread Betting Comparison Chart gives insight into the various providers according to the value added services they bring their clients.
Be it market updates, iPhone App's, customers support, technical tools - they judge the providers according to the effort they have put into their offerings. |
| Tullow Oil, Vedanta Resources undervalued say brokers |
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| Written by Sam Coventry | |
| Tuesday, 17 August 2010 14:52 | |
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Two resource stocks could offer good long term spread betting opportunities.
Tullow Oil Plc (LON:TLW) has been set a fair value share price at 1504 by the equity analyst team at Credit Suisse, that is 19.18% higher than at this morning's opening price of 1262. Vedanta Resources (LON:VED) has been set a target share price of 2600, that is 20.76% higher than this morning's opening of 2153. But, long term spread betting strategies could be considered highly risky in the highly volatile markets currently being experienced. Today risk sentiment is back - a scenario that would usually support long spread bets. Stocks rose across the world today after reports showed the first rise in wholesale prices in the US since March and a big jump in industrial production. A slight improvement in the weak housing market and better-than-expected earnings from Home Depot Inc. and Wal-Mart Stores Inc. also gave investors a reason to buy. The Dow Jones industrial average jumped 48 points in morning trading. Broader indexes also rose. Economic reports in recent months have almost exclusively pointed to slowing growth. Weakening data has led some investors to worry that the country could fall back into recession. The data Tuesday provided a slice of optimism and some reassurance that the economy continues to expand, albeit slowly. Prices at the wholesale level rose 0.2 percent last month, the Labor Department said, lessening worries about deflation. It was the first increase since March and matched expectations of economists polled by Thomson Reuters. Excluding volatile food and energy costs, the index rose 0.3 percent in July, more than the 0.1 percent growth predicted by economists. Jitters over a double-dip recession have many investors looking for the first signs that prices and wages are on the way down. If that happens, it will trim profits and potentially dampen hiring even more. High unemployment is considered the biggest obstacle to a strong recovery right now. |
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| Last Updated on Wednesday, 18 August 2010 08:38 |
Spread Betting Lessons - Cut out the emotion!
Oh, and also a lesson why the Stop Loss is your Friend !
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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.