Sky, A genuinely hard call for Thursday as market may have partly priced in a VG Q3. Hence why I booked more decent gains today. Also, significant challenges ahead with Brexit & more litigation to settle.
I'm not making predictions for 27/10 as market reaction to reports is always difficult to predict.
Ditto with LLOY. Latter reports tomorrow & market reaction there will also be interesting. I still hold 2 LLOY tranches too. - Regards. Catch up later.
This buy of real shares from 26/08. Reasons: decided I’ll book any VG gains early & have a stress-free Q3 on 27th. As it’s released early at 7 am, market may gap-up or down. Hard call.
If it break outs, I still hold duff buys at 204+ & 223+ from Dec/Jan. So no regrets.
Today's volume low. We’ve some indicators that decent Q3 is already expected by market, so may be partly priced in. Previously, in June & May, strong resistance here at 186+. Intraday 188. Also, UK indices still very high.
Brexit will certainly complicate things for banks & UK economy next year. Little question of it. As recently seen during EU-Canada trade deal talks, after 7 years negotiation even a small region can scupper any agreement. What chance then of Brexit going smoothly with any one of 27 members liable to create any number of hitches? Banks will be sensitive to that.
Would only buy back if sub-170 seen. - GLA for 27th!
PS: Also took good profits today on 1 of 3 LLOY tranches. Idea being guaranteeing VG gains from market, come what may after today.
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