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Hi Volcano - I did one 2 trades in STOB in the 40's, but I've not added to my free carry here since.
I watched IXI this morning - read the RNS - should have bought, but only took three trades. In truth there are so many out there.
See house builders are getting canned today, another coupe days and they should come back into buying territory.
Despite some bounce backs - I'm avoiding retail.
Gold looks good for the medium to long term.
I felt oil would trade down today, I enjoyed RD12 battling away with with the rampers over on TLW over the Bank Holiday weekend. ( felt he had the measure of ramper Desgy - as Desgy resorted to u tube insults ). What next for oil - WTI @ 21.28 - not good for the US shalers, and Brent @ 30.45. - just too little demand atm, more scratching of heads for producers me thinks.
With NCYT now sitting at 4.91, i'll leave it alone, yep it could continue to fly , but with any major announcements, from any competitors, it could also fall heavily. I just don't need to take the risk.
This site has been grim again today, very hit and miss.
anyone takes any notice of my tips would have made some money by now,
IXI and POLY for now and few more i cannot remember
USA is back on bull markets,i don't know what to make of it.
Bought this morning HGM and AVCT ,i was going to keep the last one but i have just sold.
Missed out on POLY this morning, this was one of my tips and i didn't follow it my self.
I still can get over NCYT and now maybe i should have hold on to AVCT. But i will stick with AZN.
Are you topping up on STOB now ?
lse website is terrible today -- again.
Hi Volcano - in and out of TPT yet again - bought in purely on price, its swings around a lot.
Got some AAZ which I'm holding atm - may close later and a small return on TSG ( spreads on these don't help lol ).
Tav - going to check out US earnings ( Banks ) and see where things go. Will keep on trading though.
Any announcements out re STOB ? - having another good day.
Gerry, like your post of yesterday and I agree with most of it but personally am more bullish - now expect we will see 6000 on the ftse soon. Why? Well the economies of europe are reopening gradually as the population gets acustomed to the death rates and investors will look forward to earnings recovery. I do think however we will subsequently get a pull back of at least 500 points at some stage soon triggered by an unexpected event. Short term trading of quality looks safest to me. gla.
Gerry you must have bought back by now ,i wish i have, HGM today for me.
Stobart Group Ltd
Anyone bought back yet ? More than doubled so far .
Stobart Group Ltd
As a relaxing, but strange bank holiday draws to a close, its time look towards tomorrows open.
US markets have opened down, oil up slightly but questions bring asked as to whether the agreed cuts are sufficient and whether all participants will be able to achieve compliance. Demand has fallen off a cliff atm.
Earnings season kicks off, be interesting to see the figures, in black and white. We have truck loads of US data out this week including mortgage applications, industrial production, crude oil inventories, job claims, to name a few.
covid 19 - has changed the we live. How we see it's impact into the medium and long term, depends on whether we are bullish or bearish ( or perhaps on these bb's whether we are balls deep in a share, defending it like our lives depend on it, or sitting vulture like on the sidelines, testing sentiment ).
I agree with Volcano, that Gold looks good, and have entry prices on a couple shares i like, where i may look to put some funds in for a Q3 /Q4 return, would hate to see prices of some gold miners move away from me.
In the short term we have the debate on bb's such as AVCT / SNG / NCYT, very volatile, with possible big wins / losses.
On the broader market, I'll continue to read as many 7.00 am RNS during the hour to market open. Consider Asian and US overnight trends, check FTSE future trends, and jump in and out of my favourite trading shares, depending on whether UK markets are trending red or blue each day.
I'm happy making 3 -5 % here and there, and i'll try not to beat myself up too much, if i miss out on the riskier trades.
I still have a few quality long term FTSE shares Where I want to either add to existing holdings or bring in new blood to my long term portfolio where like many I guess has suffered in the last few months. If pressed i'd say i'd lean towards being bearish, and could see the FTSE visiting 5000 again this spring / Summer. In the meantime it's day trading, and back into cash for me.
That is the problem with day trading you have to take a loss now and again,if anyone tells you any different they are laying,
if i am happy with my returns in a day or minutes lol i will take my profits, but sometimes i do regret not holding for longer
like yesterday morning with LGEN, but i had to buy it back lunch time which worked out better.
Now most of shares a follow are on the first W and where we go from here? To much choice and
and i have only made a quarter of what i should have made ,but i am still healthy that is the main aim for now .
Gold looks very good at the moment at $1740 and some expert recon we could have severe economic downturn ever,
but looking at the markets i am confused shall i trade for now or go long?
Very rarely i trade big promising but never delivering companies but lately i have been doing it , maybe the green eye monster with in me has waking up lol, some of them i have followed from the first news about this coronavirus
likes of NCYT at 26p on new years eve and now is at 380p ,traded it few times but nothing like if stayed in aahh well.
keep trading and stay safe mate, and enjoy the sunshine we deserve it,
Volcano - am just in from painting one of my garden fences, by hand. I do have a paint sprayer in the garage, but only used it once on the fence several years ago and managed to get more on my hands and clothes than on the fence, so its manual work for me lol.
Yes some crazy price action going on, Out of the two I've had a punt at CPI this week ( again only punt money ) - but closed out quickly and didn't get the full benefit. It's doing well today, but as you say a little risky and will also fall more on risk off days.
This week where I've picked up 3 -5 % on a trade - I feel like I've missed out seeing some of the rises around. But casting my mind back to before Xmas, I'd have been patting myself on my back for making 3 - 5 % on a day trade - Although its volatile out there it's great when you can get in and out in minutes,sometimes.
I made a mistake by buying LLOY at 40p on the way down, back on the 9th March searching for a bottom which I misjudged so I quickly sold out at 38.3p losing a chunk. Took another bite at it at 29.71p on the 1st Apl. am still holding as I type and have covered the earlier loss and am up overall.
The lesson to me is day trade, and if it goes against you - take a quick loss and get back in again when morning futures are looking good at 7.00 am.
Take ITV - sitting at 1.30p mid Feb - driven down to 50p on the open on the 23rd March, now back up to 75p. So oversold oversold initially but what has changed in terms of production and advertising revenues, to push it up 25p from the low. Not much that I can see, so many others in similar positions.
All my trading funds are back to cash over the Easter weekend, helps me to sleep easier lol
WOW,i have got my trades wrong this morning specially LGEN ,
i would never learn ,it must be time to give up this ....... game.
Gerry which of this companies will give you the best return in a long term,
STOB or CPI the lows was 24p , very risky but one day we have to buy and hold
but when ? i need to get my shopping for the weekend
and i am not looking forward to it ,keep safe.
Looks like i have timed it perfectly ,it could be red finish on FTSE 100
USA futures are up nearly 3% ,wow
Sold everything and i am back to cash. nice.
now i am going to wind up some people on rampers boards,
none of them likes the truth ,lol.
The biggest surprise for me so far is the share prices of ,ASOS,NXT, GRG ,BOO.EZJ, TUI, and WMH,
i thought they have shut shops for now, what do i know? lol.
ASH nearly doubled and FERG is doing Ok. and don't forget STOB doubled as well
Stobart Group Ltd was a gift at 30p ,ahh well.
very soon today i will be back to cash again
i want to relax for four days.
Compass007 if you look at USA markets you would think there is no problem out there, same in Europe today.
if you ask me we have seen the bottom in mid March but then i might be wrong.
Gerry this small companies might win the battle but big companies will win the war.
i am back to my normal trading LGEN,EMG, AV., SLA , LLOY, CNE and WMH and
sooo many of them but just trading for now.
enjoy your Easter break and keep safe ,
i did not enjoyed that yesterday so today i am back to normal market,
I would be very surprised if lgen hold firm, not involved there but I hope they do if only to stick two fingers up to the establishment however I am in Aviva and was not surprised with the cut......this is deffo a traders market but as you know it can all change on a dime I still believe Stob will come good but this is a med/long term investment for me...I still don't think the markets have seen the bottom of this yet but can't see this playing out over the next two weeks....the bottom could be 6 months away when it all unravels ....GLA
Volcano - been a busy day today. As with recent days, on returning to look at STOB, the recovery of the sp is ongoing, long may it continue.
I'm guessing you have traded avct today. I've been in and out. ( similar to ncyt ).
Am mulling over my plans for tomorrow. Did you hold or return to cash ?
I saw Degsy Almond was posting on avct, one of the chief rampers on these boards. Generally i dislike getting too involved where he is throwing out his posts, as usually he is gone with his profit leaving others to pick up the pieces.
However on this occasion, I had to take a trade.
where will the likes for avct / sng / ncyt end up. ( VHS or BETAMAX ).
I'll be up early to read EMG Q1 results, its a sector where divs are raising lots of debate, will lgen hold firm.
Then we have OPEC / Russian oil discussions.
Add to that dozens of early trading updates on the potential effects of covid 19, and the hour between 7am - 8 am simply flies by. Wish i could read faster !!
i think CNE is in better position,
Enq sorry enquest
Volcano look at eng should follow tlw and pmo I got in yesterday at 9.4
USA Markets closed over 7% , you would think there is no problem out there.
Dow 30 22,679.99 +1627.46 +7.73%
S&P 500 2,655.93 +167.28 +6.72%
Nasdaq 100 8,081.66 +553.55 +7.35%
Nasdaq 7,913.24 +540.15 +7.33%
NYSE Composite 10,547.70 +667.08 +6.75%
still sitting here and trying to find a share to trade tomorrow, lol.
Volcano -I did TLW and LGEN too.
Got TLW at 19.62 -but sold out at just under 25, on the way up, could have had a lot more if I'd been brave.
Similar on LGEN got a decent profit but could have have a bit more.
Very positive day for both UK and US markets.
Big days for shares like TLW / BWNG / CARD etc, looks like those beaten up the most seem to have the biggest bounce backs on positive days. Plus as you say a strong day for the builders.
Not such a good day for defensive stocks, where up and down swings are understandably less volatile.