Member Info for Fugazi1

j2, yup, very cautious and ready to dump.

I think the uk Govt maye have overcooked it.

Loeaded up some j2

Teddy, not today pal. The crap news just keeps on coming.

Experts are gearing up for further volatility in the City due to investors pulling money until more information about the severity of Omicron emerges, a throwback to the early stages of the pandemic when traders frantically poured over infection data to guide investment decisions.

“Fear of the unknown will weigh heavily” on markets this week, said Craig Erlam, senior market analyst at Oanda, said.

In a sign of which sectors could be battered this week, stocks that suffered the hardest hits back in March 2020 when the UK entered its first lockdown also plunged on Friday, suggesting Covid-19 is set to become a key factor driving markets once again.

British Airways parent company IAG had 14.85 per cent shaved off its share price, while Rolls Royce tumbled over 11 per cent.

Fellow airlines easyJet and Wizz Air were whacked 11.45 per cent and 15.23 per cent respectively.

Tourism stocks are expected to build on losses tomorrow due to “investors digest[ing] the implications of the new variant,” Neil Shearing, group chief economist at Capital Economics, warned.

Sectors that are heavily exposed to swings in economic activity, such as banks, are also being touted by the City as being potential casualties of this week’s Omicron driven volatility.

City Am do blow hot and cold though....

https://www.cityam.com/all-eyes-on-the-open-investors-brace-for-choppy-week-as-omicron-looms-over-markets/

I was thinking about this earlier, this could be great news indeed.

7 mins ago (14:23 GMT)
US should be prepared to do ‘anything’: Fauci
Dr Anthony Fauci, the top US infectious disease expert, has said that Americans should be prepared to do “anything and everything” to fight the spread of the variant Omicron.

Aljazeera news.

Omicron rearranged and you have Moronic.

Reading live news feeds the impression I get is France are about to close Borders and America too.

Apart from the obvious SA, I'm not sure who else they allude too but something is brewing.

It will certainly put off holiday makers, more so with families.

Business meetings back to video calls.

I'm supposed to be flying to Scotland this week as my business also has land in South East plus acquiring more in Midlothian for building.
That now is going to be a video call with the purchaser and representative based in the area.

Its worrying now, even im like....**shrugs shoulders** as here looking forwards, could be a squeezed tourist year.

Back to 2020 lows of 80p?
Crikey Big Blue, thats a bit pessimistic.

With all the breaking news today, anything can happen to travel stocks.

Today is gonna be the day that they're gonna throw it back to you
And by now, you should've somehow realised what you gotta do

Telegraph all over the place. 2 hrs ago they posted this which is far from good news.

https://www.telegraph.co.uk/news/2021/11/27/new-covid-variant-nu-strain-south-africa-symptoms-cases-uk/

"The new measures will be assessed in three weeks' time when "we should have much greater information about the continuing effectiveness of our vaccines", Mr Johnson said.

However, Sir Patrick warned that the UK may need to "face up" to the possibility of further action if the Omicron variant is very transmissible."

Uncertainty for 3 weeks.

Sky News loving the gloom.

4 minutes ago....
There are growing fears a newly discovered COVID-19 variant, said to be potentially more dangerous than the one causing waves of infection around the world, could impact Christmas

https://www.ig.com/uk/news-and-trade-ideas/could-the-omicron-variant-cause-a-larger-ftse-100-crash--211127

"Of course, the index could also rally sharply, if it becomes clear that the threat is overexaggerated."

The DOW is seriously high after the longest bull run in history, could this be the turning point.

Whatever happens, the world is mess now, again.

Thats another beating on Monday.

Even some media are negative about making holiday plans for next year. FT.com or the Independent I think it was on.

If you look back to the trades after close, showing Thursday evening, its much the same, massive "unknown" trades. Doubt they knew of the impending Friday crash.....or maybe they did.

Just to add....the timing makes the mind boggle!!

Presumably in January the WHO and country governments will say, not as bad as initially feared. Sorry to fk up your Xmas travel plans. Yeh right.