BP’s embattled CEO Tony Hayward will resign from his position in the month of August. Sources close to BP said that Tony Hayward who is 53 years old will make the announcement in the month of August. The reason given to Financiere about the resignation is that the company is trying to regain its reputation which was badly effected after the Gulf of Mexico Oil Spill.

When we approached the spokesman of BP Scott Dean, he clearly denied the report adding that the report is “a myth” adding that “Tony Hayward is in charge of BP”.

The oil spill has now stopped after a temporary capping on oil pipe but a permanent solution is yet to be seen. The Gulf of Mexico is a very big ocean and the efforts to clean the oil spill are not enough. It is considered the America’s worst environmental crisis, where more than 100 million gallons have gushed into the Gulf.

[Source: MSNBC]

Apple have seriously shown market capitalization in a short span of time. Apple have shown Q2’s earnings which is lesser than Microsoft’s but Apple claim it will surpass Microsoft in third quarter by $1.5 Billion. Despite Apple iPhone 4 antenna problem, the market capitalization of Apple favored it. Microsoft is expected to report $15.15 Billion revenue whereas Apple expected that it will report only $14.62 Billion but analysts believe that Apple will overtake Microsoft in revenues in third quarter of 2010. Apple is popular for regularly beating consensus reports and estimates by a large margin and actual results always comes above consensus. In previous quarter, Apple beat revenue estimates by $1 Billion which later was calculated as a 36% beat.

The major reason for Apple heading with Microsoft is because of the all new iPad which gave Apple a revolutionary recognition in computing. Goldman Sachs sees iPad destroying netbook market which was very popular couple of years ago. The sales of iPad has also boosted Apple shares in Nasdaq: (aapl) and it is expected to change the dimension of computer usage in future.

View the full AAPL chart at Wikinvest

[Source: Macworld UK]

The news which circulated the market about antenna problem in the new iPhone 4G has pushed apple shares down to almost 1% in single day trading. It is expected that Apple shares will further fall to average 6% effecting the apple share holders. The market analysts reported financiere about the Apple iPhone 3G launch after which the shares market boomed to new extents and Apple became the investors’ favorite.

The iPhone 4G have definite antenna problems which need to be dealt quickly or it is expected that forecast report of apple shares would be bearish. Apple is now on the move to distribute free iPhone 4G casing which will hopefully resolve the reception problems. The NASDAQ saw 22 points addition despite low volume and unexpected NYSE trend. The backup plan for Apple seems to expand iPad market when the company today announced introduction of Apple iPad to 9 countries. It is expected that by the end of this week, Apple shares will come out of its misery by expected .9 mil. iPad sales.

The new iPhone 4 faced much criticism when the later new about the reception problem. The CEO of Apple Steve Jobs apologized to people and denied that the new iPhone 4 have antenna problems and the problem persist while users cover the specific spot of iPhone with bare hands. Apple Inc. will give free iPhone covers to its users which will help resolve the reception problem.

‘Almost 3 million buyers have purchased iPhone and the situation is not under control of Apple’, analysts predicted. The Apple Inc. shares have also been hit hard after the news circled the market and the shares of apple are not likely to recover in the near future. AAPL on Nasdaq will now witness frequent fluctuation but investors should be steady and should not panic on selling apple shares because Apple shares will benefit in long run. Apple shares slipped $1.80, almost 1 percent, to close Friday at $249.30.

The Stock Markets around the world were seen under negative trend specially in China where the industrial companies dropped and banks of China were seen rising. The stock markets around the world were cautious as U.S. services reports were disappointing allowing investors to be cautious in making investment move.

On the other hand the wall street was seen rising and Dow is now unexpectedly rising above 10,000 points. Crude oil was seen dropping whereas the dollar also fell against yen. Euro currency exchange which was expected to rise also weakened. The forecasting of Jim Rogers was wrong on Euro which he gave a month back.

Negative market trend was witnessed in European markets as FTSE was up 2 percent to 5,080.55. Germany’s DAX opened 0.1 percent lower to 6,010.47. Investors believe that Fifa world cup semi final match which was held in South Africa between Germany and Spain caused DAX to fall this morning. France’s CAC-40 was on 1.3 percent to 3,529.65 and Jap’s Nikkei 225 stock average closed down 0.3 percent at 9,276.65.

Oil prices rose to nearly $73 a barrel in Asia and similar effects were seen in stock market and euro exchange rate. The euro advanced to $1.2594 from $1.2537. The euro will continue rising till the end of August and then it will be the most suitable time for investors to sell their euros and earn more than 20% profits.

Generally, the investors around the world follows the equities trend for their investments. For them, the euro rise and a dollar fall is quite a good news because now the crude oil will be cheaper for European exchange carriers.

It is very much expected that from now on the oil prices and stock markets will rise allowing investors to relax and earn profit. The energy sector and food sector of stock markets would drastically rise because of the demand from the emerging economies of the world. The crude oil has also seen rise in sales and since the demand is rising, the prices are expected to move up.

BP shares are seen rising whereas the FTSE 100 was recorded at 4,790 points and still declining. The analysts believe that BP have supported their shares market by pulling investments from big players. Other sources confirm that the shares market is pseudo and is likely to collapse very soon. Some investors believe that the shares are kept high so that their current investors doesn’t withdraw and those who are selling BP shares now are getting good price for it. The buyers indeed are BP’s own to maintain the share price.

After the oil spill incident, the BP Plc shares have fallen from$188 billion to $139 billion  which is approximately 26.5%.  A loss of $15.8/share. The BP competitors have also witnessed a loss of 15% overall in shares. “The estimated cost of the company will soon be about $25.8 billion” predicted by stock market guru Shermann. The British petroleum stocks predictions is that it will fluctuate for another month and investors would soon realize that the market will shrink. The best option now is to sell BP shares no matter how much attractive they look because the odds are, the competitors are going down due to oil spill and the company responsible for the oil spill is paying the penalty charges. The BP news will soon make a headline of market crash and investors are warned about the shares price disaster.

View the full FTSE chart at Wikinvest

View the full BP chart at Wikinvest

Oil is a commodity which makes the world go round. The odds are recorded and BP is expected to have a new CEO by the end of this year. Since the recent oil news revolves around BP, the prices of gasoline is fluctuating and oil market is considered to be unexpected. Oil rises above $73 as traders analyze US job market. The energy sector of stocks market have also declined recently and surprisingly BP shares were seen flourishing confusing the investors whether to sell bp shares or not. The Fed’s decision to keep the interest rates near zero allowed the oil market to dip from $76 to $73. The reason for keeping interest rates lower is that it is supportive for oil prices as cheaper borrowing cost allows more consumption and trading. The prices have bounced again as more people have filed new applications for unemployment insurance. Analysts believe that the oil prices will slightly fall in the 1st half of July and will increase rapidly in the second half as investors would be running for energy sector shares. The falling stock markets have pushed investors to buy shares of energy sector which is always considered more profitable than other shares.

FTSE has dropped to nearly 10 month low. The FTSE 100 is currently at 4,790 points and is still predicted to fall but analysts believe that the market will soon recover and will reach to 5,480 points. The matter of fact is that BP shares are on the rise which is not possible for investors to digest. The market falling and the BP shares rising is creating a panic in the market and investors are not sure about the future of the FTSE. The best time considered for new investors to enter market is now because the rates are lower and the shares prices are least. The investment sector should be targeted by previous market data prioritizing the airlines sector, food sector and energy sector. These sectors are predicted to give maximum returns on investments because their portfolio and market history have shown profits previously after decline. Investment in banking sector should be avoided because banks are also pulling their shares away from the market due to declining market and riskier investments.

The forex market is also getting stronger with weaker dollar and soaring pound. The euro currency exchange rate forecast have shown that the eurozone is likely start recover by the end of this month which will also allow the stock market to gain and incline. The future of the UK stock market is blurry and investors are panic-selling their shares which is not advisable at the moment. Pulling out investments from stock market and investing in Gold certificates due to Gold price rise is now attracting investors because they believe that the gold market provides hedge against the sinking stock market.

View the full FTSE chart at Wikinvest

US stocks fluctuates as Citigroup and BP jobless claims have circulated in the market. The jobless claims in US has recently witnessed 13,000 job cuts which is not economic friendly news. Currently at 9,700 points, Dow is expected to fluctuate for another week which will be the best time for investors to analyze the sinking market and buy shares of interest. This will allow them to make profit upto 13% by the end of August. Nasdaq is expected to hit below 2000 points which will be a very critical moment for stock players due to the type of market they are playing in. Nasdaq will not recover by this month because the investment portfolios have not backed the already sinking market. S&P shares are not attracting the new investments because the returns on Dow are far more better than the S&P and the percentage gained from investments measures 7%.

On the other hand, the BP shares forecast have also shown that the market is slightly effected because of BP policies whereas recently the BP shares have been seen rising due to progress in oil spill controlling and capping. The investors have heavily pulled out their shares from BP but company have maintained their employees’ shares not to be pulled out and huge investors have been favoured on investments. Financiere predicted US stock market last month that the market would increase in the month of June. This month the market will fluctuate allowing investors to buy shares with lowest rates possible. The time is not suitable for selling shares because panic selling would further cause market to sink. The US unemployment claims have risen which will further negatively effect the stock market.

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