Member Info for doubleorquits8

Many thanks, I’ll do some research on them!

“The (UK) variant probably accounts for about 1 per cent of cases in the US today, estimates Eric Topol at Scripps Research Translational Institute in California. But the picture is foggy, he says. “Surveillance is extremely poor.”
New daily cases in the US currently stand at 245,000 for the seven-day average, but Gigi Gronvall, also at Johns Hopkins University, says the UK variant isn’t the reason for the surge in transmission. “The variant is almost certainly not driving our current explosion of cases, or we would have more immediately found it in many states,” she says.
Even if B.1.1.7. isn’t yet driving an acceleration in US cases, there is reason to think it will in the future, says Warmbrod, given research in the UK has found it to be between 40 and 70 per cent more transmissible than earlier variants. When the variant is established in the US, says Topol, it will trigger “a major surge that makes the US holiday surges look minimal”.”

Read more: https://www.newscientist.com/article/2264672-warnings-of-huge-new-spike-in-us-covid-19-cases-as-uk-variant-spreads/#ixzz6jSDIdx6d

What do others invest in to hedge oil? I really don't like the thought of stuff with crazy valuations like Apple, Google, Tesla, Bitcoin etc. Nice strong companies with tangible assets help me sleep. Like Shell and BP you know short term blip will come good in the end...

Trying to resist the urge to buy on a blue day and wait for a red day! But every day seems to be blue and no consolidation or correction down. That gap a week or so back and a gap up yesterday should be revisited but I’m not holding my breath! Is bleak out there and I know markets look ahead to post vaccine but the actual market recovery will be months away!

The markets are a bit too hyped in my opinion on the optimism of vaccines. Propping up with bailouts is one thing but when the chickens come home to roost...

UK - 250,000 small businesses at risk of collapse - https://www.independent.co.uk/news/business/news/coronavirus-small-businesses-lockdown-fsb-b1785098.html

Virus will be peaking together with Flu peak in January / February - look at graph in the BBC article: https://www.bbc.co.uk/news/uk-wales-50973269

Yesterdays Investing Article:

Markets turn risk-off on worries of overheating as virus continues to spread
Germany sees coronavirus 40,000 deaths despite harshest restrictions
COVID-19 cases resurge in China

"The seesawing market narrative once again swung from optimism on COVID-19 vaccines and US fiscal stimulus to pessimism of unsustainable valuations amid a global pandemic that seems to only get worse with time.

In Europe this morning, the STOXX 600 Index dropped 0.4% but was off earlier 0.6% lows, after Germany—the continent’s economic steam engine—suffered 40,000 deaths despite imposing some of the harshest pandemic restrictions. Oil producers BP (LON:BP), Royal Dutch Shell (AS:RDSa) and Total (PA:TOTF) sold off after China—the world’s biggest oil importer—announced a lockdown in Shijiazhuang, the Hebei province's capital and the epicenter of the new outbreak."

https://www.investing.com/analysis/opening-bell-dollar-surges-bitcoin-plunges-as-global-equities-sell-off-200555545

DRG - I’ve done the same and so as you say it will probably rise! Rose by 20p after I sold! There will need to be a few calming down days after the last two days rises. And that gap up today is likely to be filled, a quote from Google that 9/10 gaps are revisted to fill.

Must be that! Market clearly sees it as a bit of a hit.

“The deal unlocks plans to boost output from the Karachaganak field and funnels additional revenue to the Kazakh economy, which is heading for its first annual contraction in more than two decades amid oil’s slump. While the government is getting less cash than it demanded last year, it’s a larger payment than initially agreed in 2018.”

“ The agreement is a “very positive step,” ensuring “fiscal certainty in Karachaganak,” Shell and Chevron said in almost identical statements.”

Why is RDS falling? News coming?

Very positive well covered piece:

https://seekingalpha.com/article/4393538-royal-dutch-shells-30-return-in-november-is-just-beginning-now-is-great-time-to-buy

I read somewhere they should be paid on 16th December

https://www.standard.co.uk/business/energy-mining/oil-giants-shell-and-bp-lift-ftse-b163491.html

https://www.barrons.com/articles/cash-flow-is-making-shell-a-stock-investors-cant-ignore-51607003410

I do treat with caution and of course authoritarianism lockdowns will work better than ours. But the reports that come out of westerners in China is that it is back to normal there although our wonderful press prefer tales of dooms day. Remember when all they could talk about was Brexit? Now it is Covid and US election. Come Spring it will have to be something else and hopefully we will be back to some sort of normal.

Hi all, I don’t post much and new to Shell over the last 6 months with an average in RDSA of 1086p. What the media are not really reporting is that China is back to normal levels of busy pre pandemic. They are strictly wearing masks and can test a 10m city population in a week to control any little outbreaks. China were three months ahead of the world on the virus impacts and we are therefore three months behind where China are now. The end is in sight and my view is this is a good bet for the next 6 months.