Shares to watch

rockits

Member
Messages
7,728
Last time I did a bit was 2007! Made about 70k and lost 50k but that was a mad time....my timing isn't great often but I'm learning.

My mainly emotionless state to the annoyance of my wife and kids tends to lend itself well to business and trading it seems.

Not sure I could do it as a job full time though. I've no idea if that is good or bad performance but plenty good enough for little me.
 

Wattie

Member
Messages
5,225
Shorted the DOW over the weekend and closed out Monday. Then today there is the mother of all recoveries, please tell me this is false! FTSE up massively on news of Trump's bailout $2Tn package. It looks to me like it's all going to come crashing down spectacularly soon.

Thoughts?
It’s false. Greater fools and short squeeze.
Read some interesting stuff today on third world debt.
Covid + third world living conditions+ dense populations = catastrophe and sovereign debt default.

New York Governor “$2Trillion is a drop in a bucket” - tells you all you need to know.

Around 25% of the Dow gains today was the Fed buying.....move the market buying certain stocks.

US bond yields went negative today...paying people to hold your money???.
Just buy Gold instead.



 
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Froddy

Member
Messages
369
I just can't face starting a short at say 5700 (FTSE 100) and then seeing it rise to say 5850 and being -£800 margin and it keep rising!!!
Too right - nobody wants to experience that pain! You would not want to ignore the intersection of the 8 and 34 EMA bullish cross on the 128 minute chart (yellow 8EMA crossing above the green 34 EMA).

Particularly when this coincides with a (powerful) bullish volatility squeeze:

Why the 128 min chart? It's one quarter of the FTSE trading day ...
 

MaseratiGent

Member
Messages
144
The 31st/1st will be very rocky. It will be month-end for funds and banks and this is when (there should be) rigorous price testing by third parties for the funds/banks for their positions.

Except over the last 10y there's been more electronic dealing for bonds where depth is nowhere like as deep as in voice trading.

1. So you have a fund invested in Vodafone and BP debt for example. It's valued them to the electronic bid-side, say 98.00 and 99.50 respectively but this only works in 250K size. Then they need to sell (because of investor outflows over the month) and the real bid for size is like 92.00 and 94.00 respectively but their NAV is calculated on the electronic bids... A massive, fast, feedback loop and huge leg lower in NAVs - seen in pension valuations. Aside from the market moves so I would expect pension fund NAVs dramatically change from 30th to 2nd.

AND

2. It's quarter-end (Q12020 end) which is the 'turn' every quarter and funding costs are reset (so everyone, even in good times) needs to sell some risk.

1 + 2 = bond market pain.
 

Delmonte

Member
Messages
580
Why can’t you get in Gold via your SIpp?
Ask your provider if you can invest in physical gold via the Sipp facilities that Gold Money or Bullion Vault offer.
Should be easy for them to add.
If not,set up another Sipp that does offer the facility, @Sipp for example , then set up a GoldMoney facility and transfer some funds to the new account.
This Is what I have- an @Sipp Gold money physical account for my pension.

Aggressive interest rate cuts and unprecedented liquidity injections by key central banks will ensure the cost of carrying gold remains minimal. Meanwhile, a slowing global economy should also ultimately encourage a rotation from stock and bond markets to defensive assets such as gold."

European stock markets today reversed an earlier loss to head for 2-week highs on the EuroStoxx600 index, while gold bullion priced in the Euro retreated from touching €1520 overnight, its highest since the current all-time top of €1561 hit this time last month”

The UK gold price in Pounds per ounce meantime set a fresh record high, coming within £10 of £1400 before also easing back.
Great thanks Wattie. For some years now I’ve fancied getting into gold, the hassle of getting it, storing it, always put me off, or rather made me put off actually doing it.

So to clarify, do you have a pension where they hold physical gold on your behalf, is that how it works? So the price moves exactly with physical gold? Do you actually own some gold within the pension, and that is held for you somewhere? Could you get even get delivery of that gold once you are able to draw on the pension?

Sorry if this is basics, but I do have very little knowledge...
 

Wattie

Member
Messages
5,225
Basically yes to everything, held with gold money, vaulted London via an @sipp, sipp arrangement. don’t see why you couldn’t take delivery if the value was within pension limits and you could withdraw the equivalent gold value.
 
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Wattie

Member
Messages
5,225
Jobless claims soar past 3 million to record as coronavirus sends Americans to the unemployment line from CNBC.com

Bad news for 10 years was good......bailed out with billions.

Will this send the market soaring....or has reality struck?


What they’re doing is adding bankrupt Greek and Italian debt to currently non bust others ie Germany.

You don’t solve a debt crisis of 10 years by adding more debt!
 
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Wattie

Member
Messages
5,225
"If $2 trillion in fiscal stimulus was only enough to keep markets afloat for a couple of days, that’s a huge warning sign for what lies ahead."
Jobless claims soar past 3 million to record as coronavirus sends Americans to the unemployment line from CNBC.com
(10,000,000 unemployed next month)

WAll Street thinks this is good news as stocks go up!

Fellas, if you need any proof this is a Sovereign Ponzi scheme, there it is!

In 4-6 weeks time Americans will be shooting Americans as their right to bear arms -shoots them all in the foot.
Trump thinks a grand or so “printed out of thin air” will solve this to-each individual ?????

They should start with shooting up Wall st, then Washington.....

Civil war pending.
 
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lozcb

Member
Messages
10,959
"If $2 trillion in fiscal stimulus was only enough to keep markets afloat for a couple of days, that’s a huge warning sign for what lies ahead."
Jobless claims soar past 3 million to record as coronavirus sends Americans to the unemployment line from CNBC.com
(10,000,000 unemployed next month)

WAll Street thinks this is good news as stocks go up!

Fellas, if you need any prove this is a Sovereign Ponzi scheme, there it is!

In 4-6 weeks time Americans will be shooting Americans as their right to bear arms -shoots them all in the foot.
Trump thinks a grand or so “printed out of thin air” will solve this to-each individual ?????

They should start with shooting up Wall st, then Washington.....

Civil war pending.

I take it all back about the Chem trails, issue best they start spraying first thing tomorrow morning , iI know a very good supplier who does a cheap line in Tin Foil Hats , On a more serious note its hard to see a way through of implementing an organised Global reset ..........................any constructive suggestions
 

Wattie

Member
Messages
5,225
I take it all back about the Chem trails, issue best they start spraying first thing tomorrow morning , iI know a very good supplier who does a cheap line in Tin Foil Hats , On a more serious note its hard to see a way through of implementing an organised Global reset ..........................any constructive suggestions
well we get rid of any American “political / Wall Street” influence to start, Europarticipants too.
No clue.

Honestly, how can “3million unemployed be stock market positive”?

Surely this means 50million unemployed will send stocks to record highs.
 

Froddy

Member
Messages
369
The S&P has some Fibonacci and moving average resistance ahead, most notably at the 2650 area. The 21 EMA is sitting at that level, and the 21 EMA is "the mean".

Price ALWAYS reverts to the mean periodically. I think that could be where we're heading. Who knows?
 

MaseratiGent

Member
Messages
144
I wrote a few days ago there will be the ultimate short squeeze lasting days, after QE + Fiscal Bailout. Dow could easily get to 25,000 before its slow decline over months to lower than it's recent low (with less vol).
 

Delmonte

Member
Messages
580
Aston has gone mental! I wanted to buy at 130 just under 2 weeks ago, i really did, but within SIPP setup. I was all in a fund, sold it, didnt realise it would take 2 days to go through.. By that time Aston was up to about 160 already, so didnt bother... Just seen it today at 280!
 

dgmx5

Member
Messages
458
Aston has gone mental! I wanted to buy at 130 just under 2 weeks ago, i really did, but within SIPP setup. I was all in a fund, sold it, didnt realise it would take 2 days to go through.. By that time Aston was up to about 160 already, so didnt bother... Just seen it today at 280!
Keeping my AML holding as voting soon on a rights issue of 4 shares at 30p for every share held. I suspect the players with big money invested will stop this going ahead. If it does, the value will be diluted.
 

O37

Junior Member
Messages
86
well we get rid of any American “political / Wall Street” influence to start, Europarticipants too.
No clue.

Honestly, how can “3million unemployed be stock market positive”?

Surely this means 50million unemployed will send stocks to record highs.
More unemployed equals more stimulus?
To be fair they did expect 1.650 M !
Day 3 Dow finished a staggering +6.5%!