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I would be happy with W W recovery more day trading ,
traders who have sold in to the yesterdays rally are hoping to buy back Monday morning.
and youngsters are brave now days ,lol.
Good morning Gerry,
Now i have got more time on my hand and i do a lot of research,i don't know if you buy AIM shares, me not so often ,
but in my opinion this two companies worth a look for a long term IXI and TLY what do you think?
I did come across them before but never looked into properly, and there are British companies.
Or a WWWW recovery lol
G
Bloomberg story last night reckon W shaped recovery for the markets.
Be interesting to see which sectors are showing strengths and where the weakness is today.
G
Yep US media suggesting last three days returns the US to bull run, yet FTSE futures suggest an open 2.3% down, so lots to consider.
You pays your money you takes your chance lol
Fun times
G
if the day is blue take quick trades and get back into cash.
Just cant see how there wont be a massive hit to world economies, got to question how things will look by say mid May. Then consider what actual Company trading statements could look like by late summer early autumn, looking back on the previous 6 months, many will make grim reading i'd guess.
G
Apparently USA is back in bull market again,
Many indexes on both sides of the pond are now technically back in bull territory, up 20%
from their lows.
In the US on Thursday, Wall Street was able to shake of the dismal the US jobless numbers, ending strongly. The Dow Jones Industrial Average added 6.4%, the S&P 500 rose 6.2%,and the Nasdaq Composite 5.6%.
Fri, 27th Mar 2020 07:33ShareCast
"Markets appear to be pricing in a V-shaped recovery, or some form of U-shaped one. Neither is likely, and it was a fear articulated by the Bank of England yesterday, who warned of the risk of lasting damage to the UK economy, as a result of widespread business failures, and a sharp rise in unemployment."