Thanks for NMC info, I had missed that. Bought back into LLOYs, both tranches, 1.65% more shares. Tell me, is there actually any pont in owning All THE SHARES IN A COMPANY IF THE SHARE PRICE IS ZERO? LOL
Are you talking about your 'fun share' by any chance? See the other one you were considering is going down - did you buy in afterwards?
Fed have done a 0.50% emergency rate cut - by the looks of it, because there was another sell off starting to happen, they came out with that statement, Dow and S&P started to go positive, and then when it sank in that it was a bigger cut than the market thought it was going to be, the market started selling off again - just thought I'd keep you up to date just in case - bit of a roller coaster at the minute.
Hi guys hope you have had a good day, Been gardening for a neighbour today, otherwise god knows what I might have spent. Continuing to watch for now I think T. Let of pent up Buying today and doesn't take much to move some of the juniors either way. CNC was down 30% so probably won't see that again. Anything under £1 is pretty decent in a normal market whatever that is! Will give you a shout when I go for it.
Not a bad strategy O - like I said the other day, you just don't know what each morning will bring so its the safest way to be at the minute - I think the Dow has gone from 1% down to 2% up to 1.5% down again now so you could get really dizzy watching it.
If you are watching a share closely you can get a feeling when a good time is to invest so I wish you well with that - as I said earlier, apart from my little buy earlier on Ocado, I decided I'm waiting until tomorrow to do anything else.
Dow currently down 750 or so. At the risk of repeating myself, really not a good sign for the wider economy and markets. CNC has about five times its normal trading volume through feb and today. Really should have paid more attention earlier. Still 20% off its peak. Has been trundling along for 20 years or more, so its not exactly and ARM holdings and its still not a huge business but its future with Ai could be a game changer. Like OCDO a lot. Again volume increasing loads. Will be looking very closely to get back in both. As ever, good luck and be very alert
Not sure if the Dow will go even lower or stage a miraculous recovery in the last hour - just have to watch and see - I'm glad I don't trade the indices - think I'd definitely be giddy after todays ups and downs.
From one US market commentator 'was a strange move to cut rates in middle of day. Sent a worried message to markets.' First cut of this kind since 2008. Wont be buying any banking shares! have spread my savings out too to be under the 85k limit. A lot of mixed messages coming out. I guess at some stage one has to take a personal view on the outcome being positive, probably sooner than later.
Morning all. Did 10 trades yesterday, about 8 more than I weas expecting. Ha, I am on holiday after all. Obviously I bought back into LLOY too early, our banks running scared that we wilk have a rate reduction too. I think this is unlikely at the moment, next week? who knows. I am expecting the banks to bounce a bit first thing. If they do and it is above what I bought for yesterday, then I will certainly sell. Generally, I feel like selling anything that is showing a profit. Good luck for today.