The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Aye thistle we had some fun times on this board. There was something homely about it especially with James always faithfully here. Still life goes on and change is a constant in life. Hope to see hear from you on the other side. Best wishes.
A very good day for bby. She's up about 10% in the last few days which can't be bad. Perhaps the 300p mark will be the new support rather than the resistance level. The reported 2% drop in food purchases have knocked the supermarkets back today. Their dividend level isn't bad though.
state side tonight with the Dow, S&P500 and Nasdaq all up. Biggest two day gain since October. BBY finding it hard to break out of the 300 ceiling but two days closing with a 3 looks good. Monday looks promising after tonight's numbers.
For sure - there's always opportunities and perhaps especially so when a correction takes place. Pick the right stock(s) and you'll do well. Good timing plus good stock selection is so important. A little luck helps. Good luck.
Dow down 306 pts -2.08%; Nasdaq down 2.61%; S&P500 down 2.28%. These are big daily drops. After such a drop over the pond I would expect the ftse to open down tomorrow. I think my comment about the ftse 100 having further to fall is happening. Glad you made some spectacular gains today James. AA, you'll be glad pog had a nice rise today. I'm sitting on my hands for the moment.
Just noticed China's manufacturing activity slowed in December. Its purchasing manager's index declined to 51 from 51.4 in November. A decline in exports and lacklustre domestic demand were blamed. I can't imagine the market will be happy or has the news been priced in already - my money's on an unhappy market but that's just my guess. dyor.
Good luck all for this coming week. Over the past seven months the UKX index as fallen four times below the 200 day moving average with last week seeing a sizeable drop. Will we see support and a rebound this week or will things go from bad to worse? If any of you like looking at YouTube videos concerning the market you may have seen a fair amount of talk regarding expectations for 2014 and even comparisons to the crash of 1987. As things stand at the moment things look bearish but as seen over the past seven months the market recovered rapidly so it's possible we'll see circa 6800 at some point as compared with Friday's close of 6510. On the other hand the ftse 100 may have further to fall. Remember it hit circa 6000 in July. This is just a heads up based on this afternoon's reflection. Once again good luck all.