We would love to hear your thoughts about our site and services, please take our survey here.
Agree with a bounce back as hopefully it will be possible to kill Coronavirus and the inertia is there to develop a vaccine going forward that could perhaps be engineered quickly to mutations or similar diseases.
I think the problem here is that nobody talked to China about their strategy with coronavirus, a strategy that from the worst possible position appears to have worked. Ironic really as the lack of discipline that allowed this species transfer in the first place appears to have been galvanised into inspiring discipline to deal with it. We were all too keen to doubt China, rubbish her statistics and advice and think we knew better whilst clearly demonstating we don't. On the basis of improvement in China the market drops like an anchor. Now we are at the worst possible scenario with this disease and getting worse, the market shows a significant indication of moving off what appears to be the bottom.
I hope you have capitalised as certainly with new cash you cannot go far wrong. Market has dropped so far, across the board that there will be a multitude of trading opportunities going forward and I imagine not a huge amount to lose buying in and sticking it out. The initial big losses were across the board, a few supermarkets withstanding but I would expect recovery will initially be selective and disjointed to the general market.
The problem for most is big losses already having held through this or selling at the wrong time. Interesting times ahead lots of opportunity but calling the bottom will be very hard especially when we are at the start of a predictable period of relative economic and social inactivity.
Quite possibly right HeresHopin and generally speaking definitely right but these are uncertain times and an unprededented scenario with the worst still to come. The market has already swung a few times particularly in the US but this time two days of significant rises. We may well have seen the bottom and some of us will have missed the boat but it would be a brave move at this stage to put your cash on it - did you?
Agree entirely Nige although reeling with the shock of lost money at the moment.
Would have liked to have sold at the first sign of panic and be waiting to buy back in have always found crystalising losses/reduced profits impossible.
It appears that the draconian measures taken to contain the virus have caused more economic and human issue than the virus itself and quite possibly been of limited efficacy, certainly in Europe.
Not sure, given the circumstances there was any other real choice with action taken in the modern world but suspect not.
Coronavirus has been officially branded a pandemic but it is not. 'an outbreak of a disease that occurs over a wide geographic area and affects an exceptionally high proportion of the population' It has occured over a wide geographic area, yes but has not affected an exceptionally high proportion of the population
It is an epidemic and there has been exponential growth of new cases overall and in individual countries.
Very unlikely to be endemic in any sense of that meaning. It will be eradicated in its current form and it is not a localised phenomenon.
China and Korea turned this around from when appreciable daily new cases were first registered to falling off a peak of daily new cases in 12 days. Iran and Italy likely to be a little slower but hopefully we are nearing a reversal of trend in these countries sometime soon.
Europe and the rest of the world will follow.
The major areas of infection will rapidly receive higher temperatures and UV which should accelerate the recovery process.
It is so much more relaxing here now that the human manifastations of coronavirus have been filtered.
Like CV I suspect they will disappear completely soon with rising UV levels.
CV has been officially branded a pandemic but it is not. 'an outbreak of a disease that occurs over a wide geographic area and affects an exceptionally high proportion of the population' It has occured over a wide geographic area, yes but has not affected an exceptionally high proportion of the population
It is an epidemic and there has been exponential growth of new cases overall and in individual countries.
Very unlikely to be endemic in any sense of that meaning. It will be eradicated in its current form and it is not a localised phenomenon.
China and Korea turned this around from when appreciable daily new cases were first registered to falling off a peak of daily new cases in 12 days. Iran and Italy likely to be a little slower but hopefully we are nearing a reversal of trend in these countries soon.
Europe and the rest of the world will follow.
The major areas of infection will rapidly receive higher temperatures and UV which should accelerate the recovery process.
I am confident that Easyjet will survive. I am even more confident in the future of UK house building companies whose SPs have been hit almost as hard as the airlines. Crazy old world init?
Yes, the bravest thing you can do in share ownership is come out and crystalize a loss to mitigate against the predicted further losses of continued ownership.
I fail miserably at this and expect most others do too.
Given the nature of this general value erosion across the markets, anyone with strong conviction that this has further to go should be in cash now.
I've just found cause to use the filter option for the first time. What a useful tool to get rid of useless tools.
For those not aware, click on share chat and the filter tab will appear below. Just enter user names separated by a comma and there will be instant relief. A great shame I have no answer to all the money shareholders are losing at the moment.
Still hoping that the supposedly worse case scenario in China and apparent recovery will be replicated everywhere else.
Perhaps the Chinese recovery has been quick because of their personal discipline, suppression or repression. I can't visualise the Chinese fighting over toilet rolls at the local supermarket!
GLA
"Someone can explain why the full Italian lockdown is good news for the airlines to skyrocket their shares?"
In my opinion locking down until the 3rd of April is an excellent move. Contain the virus until it is in full recovery or close to it.
The Italians have inadvertently caused huge issue, particularly in Europe with the virus spread. Short term radical strategy to minimise further spread and clear existing cases is the best for all. Obviously with this comes the pain and restriction - typical that low life prisoners take the opportunity to have a go.
Sorry guys, a casual comment on the EZJ board yesterday is probably responsible for the little boy skier scurrying over here to kick at you whilst laying vulnerable on the ground. I am a BP. and RDSB holder too and pleased to see that you have the same contempt for this miserable cretin as EZJ although the share stood proud yesterday and recovered+ today.
After a really depressing day yesterday I am hoping that the Coronavirus daily new cases will start to drop and the panic will ease. Italy seems to be the key with China, Korea and even Iran seemingly recovering.
'I see skier is spouting doom and gloom on the BP site waste of space need to get a life .'
It's all relative, I need people like skier to quickly get over a really depressing day like yesterday. People like that make me feel I have a life; be more difficult without them:-)
Not seen his comments on big oil but I may be responsible as told him to go over there yesterday. A bit easy for cretins to knock BP. , RDSB et al yesterday and perhaps mention electric cars reducing the demand for oil to zero, ha, ha.
I hope you are just as good at downhill skier. If you have any credibility you will have short positions - good luck with those!!
£10.01 to sell just now, discounting the entire FTSE 7.69% drop of yesterday!
Sentimentally the worst day of the crisis so far and although EZJ did lose some value were the third least affected in the FTSE100 with just one riser and Tesco beating it.
Yesterday could also have been the worst day for new Coronavirus cases with 4390. Italy in particular adding a big number but others in Europe too whilst China and South Korea recover and some sign of recovery in Iran too.
Should see a better day on the market today, perhaps a 200+ point rise?
What a disasterous day on the markets!
.....and just at the point where China which in my opinion has to be worse case scenario is recovering rapidly from Coronavirus. Obviously the different stages of infection in countries outside of China will begin to set the same trend within weeks.
skier will be back later gloating at our expense but is currently queued up at Tesco with a trolley full of toilet rolls.
I am looking at the trend for worst case scenario, China on worldometeres where Coronavirus originated and established itself with contagion before being discovered at the end of last year, infection building up and then being contained and now seemingly under control. Realistically this process has taken around 10 weeks. Surely the pattern in other countries will be similar or more progressive and as we drift into warmer weather with higher UV in many areas this virus has a limited lifespan.
Checkout wordometers daily new cases where the early trend with China can clearly be seen, secondary impacts with South Korea, Iran and Italy and now the third and hopefully final wave with Europe, mainly via Italy and the rest of the world. It helps to view the ratio of active cases in each country versus recovered. Once the number of recovered cases gets near to or more than active, the virus is seemingly on borrowed time in that country.
Market well down in key areas today and the feeling that sentiment is at a low, hopefully the low.
Typical! went to buy yesterday at 10.46 and for reasons better known to them the iii order failed. Now on principle will not buy above that figure; could have a long wait.
FTSE strangely subdued this morning. given the big rise in the DOW and OK on Coronavirus would have expected 100 points up. Perhaps DOW relieved that China situation improving quickly and FTSE still worried about Europe.
There is an endemic issue that has been plaguing us since time began 'death by natural causes'
It effects millions and there is no cure. Over 80s have very little chance of survival.
At the moment medical resources are channelled to those most vulnerable.
Easyjet currently skiing uphill on a downhill slope; do you see what I did there.
For anyone interested in an uptodate appraisal of the Coronavirus situation.....
https://www.worldometers.info/coronavirus/#countries