The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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...and not just that Daytradenovice
https://www.investing.com/news/stock-market-news/dow-futures-down-545-pts-concerns-ahead-of-fed-meeting-2620487
The Fed decision and apparently now also uncertainty on Biden $4trillion stimulus.
Sentiments are not exactly positive and the main indexes are much higher than before covid.....something as to give.
I wonder what the Fed boss is going to say on Wednesday to save the day for the market, if indeed is going to say something.
"if we all speak our minds without any agendas, we could all get the best out of each other, for an informed decision on investing."
Best post on here for ages.
A little start point on Evergrande for people to look at. In essence a huge chinese developer likely to default on 300 BIllion dollar debts this week. Of course it wont affect the markets at all, will it?
https://www.ft.com/content/952923b7-f421-407e-b14a-ad2ff190a134
Daytradenovice
you can tell your mum I would be delighted to be her son too.
Dabbler1 many thanks,
if we all speak our minds without any agendas, we could all get the best out of each other, for an informed decision on investing.
Lol not so sure of that Lucky, i've picked some dogs in my time as im sure we all have. Been playing with shares since my very early 20's, into my 50's now so a lot more informed than i once was but still learning. Longtermer at heart building dividend income rather than a trader, but do trade a little these days after Covid messed up the usually safe fundamentals of so many divi payers and exposed that single 'investing' approach (a hint there for the uberconfident). I beleive its why so many people are touchy these days, nursing what were once good divi payers, but not so good nowadays, as with all things you need to keep an open mind and diversify when appropriate.
Must confess my mom would probably be aghast at the childs suggestion im your 'bro', - as far as shes concerned she only had one of each lol.
Only the desparate need throw insults though, best to shed them like water off a ducks back
LuckyLuciano,
I think you make some interesting points and it is interesting to see what comes out of the apparent Evergrande collapse. I admit, I haven’t got a clue what it means for me and my investments. There is a lot of bluster on this board but you come across as dead straight to me.
I also share concerns about why there is SA Government backed selling and it’s obvious there is nervousness in the market, sudden and savage drops do often happen in circumstances like these and us humble PI’s won’t be the first to get the relevant news.
...that's on day candles
I am looking at the S&P right now reaching recent support level, any lower and one would think is going all the way to 200MA.
Daytradenovice you should change your name, no "novice" at all, for what you speak about the market, then again I maybe should also change my name, as I am not considering my self lucky after trading the market for 30 years.
Indeed is always wise to keep an eye on other information, compare and ponder...
With Tga have the feeling there is a general sense of missing out FOMO, is strange because the child should remember a similar situation with Fxpo, when not even fantastic fundamentals managed to keep the sp up.
The guy talk about desperation? about what? My hat of to those who understand him.
Lucky
Always wise to keep the eyes on the wider markets. Miners today are getting a caning, Glencore a very well diversified commods supplier down over 6% and lots of very sensible people nervous around in the markets today, given the 8nterest payments due on thursday which maybe defaulted on.
Still the blissfully ignorant child posts insults, cant help some people.
Guys and girls the main market is entering very bearish mode, in my experience going on the opening cash market in the US with future down like today, is not a good sign.
Trust me if the main market turns bearish and panic sell settle in, not even the best fundamentals of any share will be a good reason to hold, never mind rise.
I read days ago about Evergrande, the Chinese building developer going burst to the tune of $300billion...the market need any excuse when is overbought to come down, and this could well be one.
I completely understand if some here will start call me deramper wanting to buy in cheaper, I have done it before to other poster that had a contrarian view of mine.
Indeed I might say completely porkies is just my gut feeling, backed up by something I read. One thing is for sure I am now 85% cash.