Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
There is downward trend here, along with UTILITIES & TElecoms if the bill continues. I expect it to.
Therefore 2550 - 2650 is area where I have my watchlist to buy another 200.
watchlist
DGE 2600p
GS $325
GOOG $130
BMY $48
But those whom follow stats would I'm afraid differ with that statement at this time in the cycle.
2024 will be a choppy one, a volatile one for 1st half I believe, maybe similar to that of 2009.
I'm waiting until Feb-March to go shopping DGE, GS & MUT
Looking forward to 2024.
Well, there are growth issues with EPS & dividend yet again, something I mentioned November 2022 that would happen going forward.
Have a look at estimated financials
https://www.marketscreener.com/quote/stock/BHP-GROUP-PLC-47281658/finances/
The same applies in RIO too, which I also hold
Utilities and telecoms look a safe bet, BUT if we do get a continued rally these stocks along with pharma will undoubtedly underperform.
I held both SSE & NG, but sold SSE this week.
I'd side with GS or HSBC to watch than a wee bank like LLOY. Though we are talking about FTSE shares, the last 10-12yrs we have sadly underperformed against our peers.
Lloyds has a juicy divi, BUT what good is a juicy dividend when a shareprice can't sustain any growth at all. It's still stuck where it was in 2020.
I would steer away from LLOYDS. BARCS included.
Looking at charts, see SSE falling back to sun 1800p over next 30 days.
The RSI is extremely LOW and weak.
So I'm out, and pocketing the profit.
The next 2 months are quiet months , so not sure we will see any highs for awhile, based on strong news from both FEDS & BOE.
both utilities and telecoms are going to continue to underperform I believe from here on...
Best stocks
MA, IBM, GOOGLE, SHEL, HSBC, SPG, NVS, AMGN & SSE
Good luck for 2024.
I see a subdued market for next year, though being a presidential yr coukd be mixed. . .
I'm watching for more GS & GOOGLE.
Do you see a theme.
FTSE stocks are still struggling against US peer
Another FTSE stock that will always be in DOGS HOUSE.
Never trade a BIG DIVI stock in bad times.
You need growth stocks to get you out of trouble.
VZ is going through similar troubles still and Orange too, both at 7.6% dividends.
VOD, SLA & IMB worst stocks of 28 i own.
Not a bargain, the RSI levels are not just seen as a SELL, but a VERY STRONG SELL.
wait until January and see where those 👇resistance levels go.
We need to see some changes to businesses in areas affected before it's a BUY.
The downward trend will only be reverted when we have news maybe in Feb?
1st. Support Level 2,771.167
2nd Support Level 2,713.333
3rd Support Level 2,681.667
Though, just reminding you Buffet bought a small stake 1st quarter '23.
Maybe wait to see if he buys more from his $152bn warchest.
Watch and see.
I see March as a bottom in markets. Stocks are trading at expensive PE's.
Tech, especially AI has gone to tropospheric levels, when we have been using A1 for some time.
I have 500 from 2009 and not doubling until another big correction.
Might consider re- buying NG in new yr
Could we see a new high of 2000p + by January!!
Looking good after some possitive news, and also the choice to reduce that hefty dividend at last. I for one can definitely see 2000p+
Only have 500 at 1525p
CVX has also got a downward trend after setting a heads n shoulders pattern very similar to SHEL.
I think of the 4 top oilies, EXXON look better bets.
Think if we considered the fact that nothing goes up in a straight line.
Try looking at RSI figures, most have been low, and neutral.
People have been buying because they 'thought it would spike' after expecting a full blown war, and OIL reported to spike to $140-150 MS even suggested $190 this yr end.
Oil goes up and down, something is healthy for us traders / investors. It's what market needs ( however they manipulate it.
I'm holding on until MARCH that's where there will be BIG bargains.
Follow Buffett somewhat and you might go just well.
Gla
No one knows where the bottom is. 1846p is
It's on a slippery slope until good news is here to change the view of fidelity
Iv been here since 2012 (1175p) with this fund only buying on a 10% drop from my position.
Take look at MYI
Yes.
Full list of dates and other shares can be found at www.dividendmax.com
Until they answer this question it will continue to drop
Unclear how quickly Diageo can fix problems in Latin America, CEO says
Watch for 2565p for support
Just watched that on cnbc this week.
Interesting, but we take it with a pinch of salt as it's GOLDMAN. They says oil would hit $150 along with JPM this yr, they were so so wrong.
It's not the time for place strike prices. The market could do just that at anytime. ... Only buy big if that's your game with a 7-8% FTSE drop. It will happen when is anyone's bet, but I'm waiting until March 2024. Graphs show evidence it could well be right.
DGE
GS
MUT
There my big buys.
BUFFETT can buy DGE. He has a stake he acquired in January 2023. Only 0.5%!though of his portfolio $780bn.
He has $152bn of free cash for the buying spree built up.
I'd not buy until March 2024. This is a bear rally I believe.
Could be a similar run to that of 08/09?