Member Info for driftking27

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?

Nav 875p

Todays price 807p

Goes ex div very soon

16 Nov 2023 (Thu )

Just accumulate everything and anything.

That's what I'm doing. If you're an investor you'll understand.

FTSE is on sale versus S&P

Both SHRL & BP lag USA counterparts as awhole which I have pointed out with the difference being scary since 1994.

We can blame the FTSE for everything it holds compared to DOWJ & S&P.


If we compare some gains here v UK stocks from 1994 to 2023 October 26th

XOM +750% plus dividends( USA) 

SHEL 144% plus dividends in that period 

BP. 320% plus dividends 

CVX. 700% plus dividend's (USA) 

OXY. 5800%! plus dividends ( USA) 

including 

BHP + 1,025% ! Plus dividends along the way!!

Diamondback Energy +780% (2012-2023) + dividends / special dividends (USA)

COP +950% plus dividends(USA)

Is it the £ & S weakness that is causing this large disparity

This is what the market needs, VOLATILITY. We were warned if this by both BofA & GS last month for month of November , along with DOLLAR gains too, and rate cut timing uncertainity in USA.

Stocks can't always go up in straight line, and we need a pullback.

Price of Brent crude is at $80 today, down from $93 on October 20th.

There will be a FRIDAY jump for sure tomorrow! I'm adding another 250 today.

Saudi's have been

The actual yield might and hopefully be 5% if we are paid 10p in March