Member Info for Claire2479

Rather than just repeat what others have said for the sake of it, I wanted to support Happy and Charlie and their wise comments.

2025 should be about signalling to the market that net debt reduction is being prioritised or at least placed on an equal footing to dividend and buyback yields. I am getting very concerned about the sell off in short and long duration bonds across the pond. Is there a problem with the US fundamentals? Surely not a forecast rise in inflation once US election is out of the way, POO increase etc - all converse to present main street thought patterns! Would that really surprise you - think about tariffs for a moment under Trump and what that would do to inflation.

The short term trading advice I've previously posted is still applicable so I won't repeat again.

Best wishes

meoryou and Mark - thank you for the information on Lightsource.

Hi MarkGo,

Just a quick one from me...Do you know why Lightsource divested 395MW to Jera back in August? Seems odd? Obviously I'm missing a big something.

also re. 23/10/24 @ 17.06 - lovely & thank you. I've since discovered the power of the filter (I told you that I'm new to a BB! after all these years there's only so much free speech I can cope with!) LOL...btw : Charlie isn't one of them.

Thank you.

Please don't be greedy if you've been following this thread.

It is just a simple observation

Charlie....I've now finished - please unmute (if you want!)

Oh dear ... once you start!

Charlie please mute me.

Note the rising flag - FLASH point - alot of the time this is a breakout.

Please please use stop losses wisely.

Could be a floor at 7480 - short term

Just observation

Fair point .. . I'll stop.

Difficult to judge target audience.

Best wishes

...I also note that there is a downward sloping trend line at 7530. This might be resistance.

But it could break too.

Take care if you've made a profit on long

GLA

Ian

...in life, I find that if I'm looking back I can't see the way forward...

Just thought I'd post this. Currently sell at 7451.0 on my screens

DYOR - this is NOT financial advice - just an observation

Every sword has that other edge!

...in that OPEC+ might get super competitive wrt market share and therefore (sadly) have a negative spiraling effect on POO.

I honestly wouldn't like to say for sure but I'm guarded on both sides of the forthcoming arguments to come (for sure).

In the case of a Democratic defeat, the first thing Trump will do is dismantle Biden's 'Inflation Reduction Act' - the sweeping law that has provided US$369B for the renewable energy programme (to date).

...aka pump baby pump!

BP's top team will be well aware and I expect cautionary in tone on 29th ...just in case. Intriguing timing wrt Q3 results and US election - messaging etc.

More manipulation...Oil as low as possible before the big breakout!

Antony Blinken doing his bit too I see.

Primetime...

I was about to switch the BB off and concentrate on my charts but that just made me laugh so much. Thank you - you are a complete star on here. You should also consider a stint at the Comedy Store!

Best wishes to you.

Thank you Spights and Primetime...

Weak oil demand in China doesn't surprise - I read recently that Chinese solar capacity was up to 393,032GW. The world's largest solar farm has now been completed (Xinjiang Solar Park) and has an operating capacity of 3.5GW. For others, just consider that for a moment - expected to generate 6 billion Kwh of electricity pa.

More Chinese stimulus coupled with economic growth from all regions now interest rates seem to be abating - wished for by me.

Have a good day/rest of the week all

BP - 750p by 04/26 (personal price target) - just watch whipsawing in the short term and ensure you set protection levels. I simply detest the thought that anybody here - less experienced - might lose money following the advice of spivs who are trying to convince themselves they know how to invest and/or trade. Watch out, spivs about.

Best wishes.

Primetime and MarkGo... agreed

Just to support further about arms...Alarmingly, global spending on nuclear weapons increased last year by 13% (yoy) - now US$91B - driven largely by US defence budget. However - get this - all 9 of the world's nuclear armed nations are spending more on nuclear DEFENCE.

Let's hope/pray that present hostilities do not spill over into other regions and/or escalate. It is just heartbreaking watching innocent souls suffer in all conflict zones. I can barely watch without a lump in my throat on ALL political divides.

Divergences fascinate me:

1. Oil price: OPEC+ (higher) vs US & China (lower).

2. Markets: UK open vs US open: intentions of IIs wrt long/short positions

3. People: e.g. user opinions on LSE BBs wrt certain price levels. It is a fact that nobody is right all the time. Those who seek to impose opinion are probably less qualified (imho). I can't think of anyone who fits into that category on this particular BB, can you?

Y11: you are funny ...and a tease!

Until SP rises above 418p be careful of a re-test. 408p-418p is a fun zone.

Good luck to you, I always respect different opinions.

MarkGo: my quick thoughts before I have an afternoon watching charts and the US pre-market:

Russia's increasing support/strategic alliance with Iran is intriguing to me. It is certainly a veiled threat to US/Israel. Russia will know that the mere threat of this allegiance will help support a floor on POO.

Both sides will have their supposed 'red lines' but Putin's skulduggery might just catch Khamenei off guard yet, in terms of Putin's desires for an Israeli strike on Kharg Island and the secondary oil terminal in the Gulf of Oman. Putin will, however, be warning US about strikes on Iran's nuclear facilities as that would neutralise future threats in the region which isn't in Putin's long term interests.

Without this threat, and thus elevated POO, Russia will seek to scrap any existence of capitalism and turn back the clock even more than he has managed so far in an attempt to maximise his perceived best interests - Kremlin's budgets are very squeezed at these price levels of oil and any further decline will kibosh his illegal expansionist policies.

imo.

Y11: don't gamble until you see the strategy announced. BP is a bit toppy at this level on my charts - no surprises as we are just before results day. I am concerned about others jumping in without downside protection on a elliott wave 5 (results day) only for a short term correction to take them out of the game. My advice for what's it's worth is wait until market digests the news and wait pullback - it ALWAYS comes.

Good luck to you and all others brave enough to go long here WITHOUT protecting cash in very short term.

...title of article in 'Seeking Alpha' (20th Oct) - it's worth a read and confirms my own beliefs since starting to post c. 2 weeks ago.

The US short interest will be taking note wrt change in Press sentiment. also those 2 spivs from across town would have known the turnaround was on the horizon before 'buying' sensationalist headlines recently in the Sunday Mail.

However, despite the organisation now being run by grown-ups and positive changes in strategy about to be communicated to investors over the coming months, the private investor needs to be guarded on short-term setbacks in SP. I will take another look at the situation before Q3 results but must stress that the 390p re-test shouldn't be ruled out. If you're a long-term investor, you have nothing to worry about. Also consider some short duration buy orders below 390p if the algos go wild (and a massive opportunity comes knocking) down to the 330p level (key pullback level) - very unlikely, but with short-term trading remember anything is possible in a sentiment driven market.

My models are showing a BP SP 'Breakout' is on the cards but, it hasn't yet been confirmed with the prices to date. So be careful when placing trades and remember the key levels to set up your protections.

Best wishes

The 'leak' will infuriate the Israelis and is likely to be Joe's attempt at minimising the impact of the strikes on Iran before US election. The escalation is alarming but I'm expecting far worse after 5 November. US will be trying to keep Netanyahu on a tight leash until then.

Obviously, US election is just too close to call and probably likely to be subject to legal challenge - either way.

In that case, Netanahu's mindset will be very much carpe diem.