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Drugs and Telecoms the highlight in a failing market

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 4, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Don’t believe in the market recovery, says David Buik, Senior Market Commentator, Panmure Gordon, as he joins us in today’s Tip TV Finance Show, to speak on indices, M&S, Standard Chartered and HSBC. On the markets, Buik believes that the indices are fully valued at current levels and the only existing value is in drugs and telecoms/media. Key points: M&S: Looks fully valued Standard Chartered: Disastrous loans in India and elsewhere. Problem ahead? HSBC: Size of business shrinking

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