Member Info for Dofe

“Literally one of the worst performing stocks today with no new news”
The ftse tracks the Dow like a baby follows its mother. Yesterday the Dow rose because of Biden and Congress; this morning the drug wore off and Dow futures dropped. The ftse just reacts.

Quite possibly. But you always have to look at both sides of the equation in order to evaluate a risk.
We are in the Alice in Wonderland part of the cycle at the moment- Jam yesterday and tomorrow but never today.

Of course the other way of looking at things is that a sudden shock to the economy could work in BT’s favour. At the moment we are in what could loosely be termed ‘trade negotiations’ with the EU and the rest of the World. Neither the UK nor the EU want to blink first as it could be seen as a sign of weakness in those negotiations - unless of course we drag an expert out who confirms that Coronavirus can be caught from eating fish.
UK plc may be forced to loosen any constraints on the telecoms market in order to get the economy back into shape a lot quicker in order to assist business expansion.

@Velo
But none of you have been elevated to the position of complete ignoramus. You’ll all have to work harder to take Dofe’s crown. lol

Mr Rooster
If you look at China’s now their concern is about companies pulling out. The US can use that to its advantage. Coronavirus is a real concern but it also helps politically.

I wouldn’t get too upset by him Velo. His big mistake with me was in not even understanding the basics of why a rising dollar affects companies like Microsoft.
All I’m doing is posting you some insight into why markets are shifting around as they are . How that translates into BT’s shareprice is for you people to decide.

I’m waiting for my first lesson about how currency fluctuations can’t affect a bottom line. My specialism.
I’m all ears Toff.

Apologies fleccy. It wasn’t deliberate even if it appears so.
As long as you are happy about your long term aims and it fits in with your plan then that is all that matters.

Fleecy
Don’t take it the wrong way. I’m not knocking you or the share, but you have to understand the other global factors which affect a market. Yesterday shares in the US soared because of the Biden effect and The Congress vote. It gave the market a feeling of confidence. Today it may wake up again. Take your eyes off that screen and look at what is going on in the world. It may make you a smarter investor/ gambler and improve your odds of making the right call.

Fleecy, with respect I think you have missed the point of the investing game. The stock market is a giant casino where everyone is trying to beat the bank, except the odds are always stacked in its favour. You get it wrong, and they get it wrong, often in a very big way eg Barings Bank.
You may have spectacular knowledge about telecoms but you can’t translate that into a reason why a share should move in a certain direction. To the market your share is just a tradeable object which they can pass around, hopefully making a profit on every pass.
Think about it.

lol. Of course they can get wrong footed, except that they also hedge their bets, which you don’t.
The market drives the prices, you follow. You can’t outwit it by sticking to a firm belief that it must be wrong. The value of your share at any given time to the market is the price it is being offered at on your screen. Take it or leave it.

Yes fleecy. But MM’s can’t afford to get wrong footed, plus they make money whichever direction the stock price is moving. Hedgers take a bigger risk as they are looking in one direction only snd if the market reverses they have to move fast.

“BT is supposed to be a defensive stock....”
If BT just manages to sit things out then is it not acting like a defensive stock?

Toff will explain after he has given me a lesson on why he believes currency fluctuations can’t affect the revenue of Microsoft, Facebook, Apple etc. I’m sure they would like to know as well. Might even offer him a job. lol
Just put it down to the Market Makers, wink wink.
Dofe the Ignoramous

Biden and Congress.
Biden this morning and the Congress Coronavirus package agreement this afternoon.
In the US politics and the markets trade off each other.

Markets happy

Biden effect on the Dow. Now watch to see if there is any disconnect in Asian markets overnight.
Nothing to do with BT of course.

Avrohom
I don’t normally get involved in verbals with individuals. If people want to play alpha male in order to make themselves feel important then it is more a reflection on their shortcomings, not mine.
However, that aside, the bond markets appear to be further pricing in the risk of a recession.
The focus across the world is shifting and central banks are getting edgy.

Dofe the ignoramus. I like that.

Oh, and Toff: it may surprise you to know, contrary to your previous statement, that you can make money on falling markets.
When you’ve got a few years to spare, take your eyes off that moving ticker and learn what drives markets and economies; the effects of currency movements; the role of central banks; supply and demand; the difference between playing a long game and a short game, and most importantly of all that short term political aims often outweigh short term volatility on the stock markets. The big money plays on all of that to its advantage and is often its prime driver.
Once you’ve digested all of that you may come back and give me a lesson. I’m all ears.

Toff
I think my understanding of these things are far greater than yours, and I’m not the fool who invested in BT and then sat watching the price drop whilst doing nothing.
If you’ve lost money you only have yourself to blame. We will be quite happy to continue to empty your pockets.

Rule number 1. Make sure you have deep enough pockets
Rule number 2. Sow the seeds of confusion
Rule number 3 . Place your bets
The end result of the corona virus may surprise everyone.