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Cw is it inflation or just profit taking in the US,you have to wonder. Us markets have been hitting all time highs on an economy thats tanking.
No doubt the fed will push someone out to calm fears on no interest rates rises for the foreseeable.
Well at least until they the Ecb UK treasurey central banks have finished there printing and assset (debt)purchasing.
Price of oil is a big market driver that drops drags down the finacials and the rest of the market follows.
A lot of overinflated sps out there at the mo RR not one of them :-).
Agree on the yeilds but that ties in with the price of the dollar if they both spike at the same time normally causes a sell off.
They balance each other out one up one down so to speak.
ATB
I know its an important day but only just managed to view the price .. and considering the overall market I think this is holding up well, and can only see this getting stronger.
The RR financial news is positive, looking forward to seeing how this plays out.
I'd be looking for big negative positions on Cyprto taken out before the tweet !! one tweet can move values by tens on billions - manipulation on a huge huge scale
on any other day the AGM statement would have been seen as very positive, I would expect a steady climb from these levels
What’s crazy is Elon tweeting and Bitcoin tumbling 10%
It’s been tough AJ, but tide is changing in our favor.
Generally in life things get worse before getting better.
We are at the end of the tunnel and shouldn’t give up now. I believe in this stock and just try to stay calm and we will weather this.
Good to see we are back at 103.3p already :) so that was low if the day.
Meant perspective!
Yes Solid, a high degree of arrogance on the part of the leadership. Very sad for all those affected. Helps me to keep matters in prospective. Still don't like loosing money though. Guess I'm not completely bonkers yet!
I doubt UK would delay RR, because Indian variant is known to work with existing vaccines otherwise cases in UK would be in thousands already. It’s the vaccine success keeping cases low.
India spike in cases is 100% due to sheer incompetence of government there allowing religious gathering at Ganges, election rallies etc. And slow vaccine rollout. All three acted as perfect petridish for super spreader events.
I'm not responsible for the trajectory, direction or velocity so that just makes me a passenger. Just been listening to 'This Flight Tonight' Nazareth, cool tune! Sorry rambling again!
Uk could postpone the re opening due to Indian variant would probably be the biggest cause for the dip today. Alongside everything else with American market and India coronavirus
Guys if you look at 1 month chart we bounced from 100p on 20/04, 22/04, 23/04, 30/04, 04/05, 05/05, 13/05 ( today )
It’s a nice support line for now. Let’s hope we close above 104p GLA Stay strong.
Red. Thanks. I can hold, am still working, so monies invested are for my retirements, which the problem is, that it can't come quick enough.!..... and I'm only 53..... want to / have to / need to retire within the next 12-18 months, ideally sooner :-)
CW - I know the connection.!, that is my point, If we were in "normal times", I would get it, but all travel is down, and has continued to go down, even though the travel is opening, and there is a road map, and there is growth based on US current trends, which would probably equate to the UK once worldwide travel opens up.
So, yes, Higher CPI = Higher Bond %'s + Higher Interest rate = lower spending power + less money in the market.
BUT, we are not in that world. Everyone that continued to work now has a stockpile of cash because their normal spending was halted (most people.!), and most people want to go on travelling, and the US and Asia opening is only weeks away.
So, there is no logic, economics, justification, or anything else for the travel stocks to drop like they have in the last 3 days.
That is why I am officially baffled, not because I don't understand
No problem . You have to remember in the drops why you invested initially and has that changed , for me know so if your worried turn off and come back in a few days or a week. It’s very easy to get dragged down and negative when you see red but remember how confident your were when it was flying green. This is just market movements and manipulation, the big bits will see a great investment here. If it was worth £1.40+ recently it will again as now no sign of any issues . Onwards and upwards
Right now solid
"That Was Some Of The Best Flying I've Seen To Date — Right Up To The Part Where You Got Killed."
Thats how it looks for me ?
Mav
How are you all holding up?
I was below the hard deck for only a few seconds
I saw an oportunity so I took it
Mav
No logic, just fear and news based selling due to inflation. Lets hope we find bottom soon and rebound
Bot . I’m not worried one little bit and you shouldn’t if you can sit on this for 6 month plus it’s a no brainer . They have just made a statement they are basically in a very good position .
I know the 60p brigade are back
ok. I am now officially baffled.
This tanking can't be just because of inflation fears.
Don't get it........!!!!
That’s the chance you take , can’t always find the bottom otherwise it would be easy . If it goes to 90 could easy go to 80 ? Also could not drop below £1 or 96p then go north so I’m not sure your comment works ?
Why buy over 100p, when you can top up at 90p in a few days.