Member Info for Gerry65

Gov of New York Cuomo is speaking atm - got him on Sky news, he speaks a lot of sense.

G

The US could do with getting that deal completed and onto Trumy Pumpy's desk today, for the flowing signature and the all's well speech.

US stock markets remain positive atm.

Be interesting to see US market reaction tomorrow, after the following reports hit the news :

Continuing Claims (US) - 12:30:00
Initial Jobless Claims (US) - 12:30:00
Personal Consumption Expenditures (US) - 12:30:00

Will the relief package , be enough, and boost their markets or will they roll over again, I'm 50 / 50 on that.

I just read the BBC news report that 1/4 of the world's population is now under lock down.

FTSE moving north again this afternoon. Think I'll sit on my hands for the rest of the day, and plan for tomorrows open.

gla

G

Not tracked AHT - had a little bits at FERG this morning, didn't get as much of a rise as I'd hoped, so have closed it plus I've closed my AV. Trade now.

Am out to the garage to ride my old exercise bike for an hour or so. It's ok but I'll be glad when my local gym re opens.

Will check in lunchtime.

G

Volcano - its a very unpredictable market atm.

Big surges on LGEN / LLOY / AV. - will they hold.

Govt indicates, its reviewing its plans for airline support yet sp's rise.

As well as looking at where to make money today, looking forward, is difficult. Look at CRST / TW. etc when we come out the other side of this virus surely they will fly again.

Wonder where market sentiment will be by the end of the week.

G

lol Volcano - i got lucky for the second morning keeping AV. open overnight.

Where to go next is the challenge. Blue this morning, lets see whether it holds.

G

Hi Volcano - got lucky this morning and managed to close out those TSCO shares that I had to carry over from last night at 221.30 on the open this morning at 8.06 am.

Got 9% on AAZ and did ok on TPT ( which is one i regularly seem t go to ).

I may have made a mistake keeping open a trade on AV. as it continued to rise into the close. Would have really liked to have closed out of all my day trades.

Not sure if today's rise will hold tomorrow, still many difficult times ahead.

There were so many opportunities out there today. Looks like UK markets took the commencement of the lock down as a positive in that we now have the start of a process to take control of the vjrus. It had to happen, Let's hope people follow the guidelines, and we get through this.

Also expectations are high over in the US that the spending bill in Congress will go through.

Nice rise here on STOB today, I'm guessing the Energy Division is still operating and producing revenues. Perhaps the BOD should consider putting out a rns with an update

Looking forwards markets are very fragile, and could go in either direction.

Gla

G

Sorry 3 - 4 p movement for a 10% profit or loss here.

3 - to movement here for a 10% profit ( or loss ) lol

Gla

G

Tpt up from lows of 25p on the 19th.

Looks like the market expects of lot of people will use their locked down time to complete some home improvements.

I've taken my profits here but will buy back in on any dip.

G

Looks like the trading volumes are in oil/ miners / commodities this morning.

Hfd holders are holding and buyers are waiting atm.

It's difficult to trust trading figures on here as the site has been a bit flaky over the last few days but as I type - it seems only £137k worth of share s have been moved either way.

HFD and retailers may have to wait for day traders to take profits on other shares today. Perhaps a rise later today ?

G

Tav - i listened to New York Gov. Cuomo yesterday on CNN news yesterday. Thought he was excellent. Real facts and real plans pulled no punches.

Volcano - lots of options this morning. 2/3 of those s,aller gold miners seeing good rises today.

G

Tav - i have the bloomberg app on my phone and i get bloomberg tv as part of my sky package in the news section.

Good luck today folks.
G

Yep - watching gold closely have several gold shares up on my screen today:

AAZ / TSG /HUM / PAF / CEY / HGM

AAZ is 88.9 to buy as I type, HGM and TSG are NT.

Perhaps it'll take a few days for some of today's FED moves to feed through.

Interesting that various states in the US look like they are bidding against each other on price for masks etc - crazy sitn.

Interesting times.

G

Saw the open and the first 20 mins,then decided to some sun and a cup of coffee in my back garden - its lovely out there.

Back in again to more red screens US markets are bouncing around but still down say 1.3 - 1.4 %.

Are we getting another Trump presentation later this afternoon ?

Prob. with the timings of the UK Govt presentation are that they are after market close, then get chewed over by the media overnight. Leaving the morning open a bit of a lottery.

G

Still trying to get my head around the FED's action today, massive upturn on US futures, atm.

Will the US open have a positive impact on UK markets, could be some afternoon trades out there.

G

Hi Volcano - yep I saw the immediate effect on US futures, withing mins of the latest FED announcement,

Does the FED have anything left ? Congress needs to get its act together.

Do you have an eye on Bloomberg TV.

Some great quotes coming out.

G

The FED is chucking the kitchen sink into the US economy / market - wow !

Not sure its going to work.

G

I guess all pi's holding retail shares excepted food / groceries and pharma / essentials, will be awaiting the next couple of Govt presentations with interest.

G

Tav - I bought TSCO this morning @ 2.10 hoping for a quick 5 - 10 % return, but it's not to be atm.

I only bought back the number of shares that I sold back in Jan for 2.56, so I'm trying to convince myself it's a good trade lol.

I'm expecting the Govt to take further actions regarding retail outlets over the next couple days and anticipate that perhaps only food / groceries and chemists / essentials will remain open.

Am watching DOW futures and GOLD futures carefully.

gla

G

Tav - agreed with your comment over on JDW, tonight's announcement poses a massive challenge to the pub trade.

Also linking into your post on here re supermarket sp valuations. I'm guessing there will be major demand in the beer and wine aisles over coming weeks. Supermarkets may need to ramp up the supply chain of beers, wines and spirits.

Also imagine how much beer in barrels in pubs on the taps will be wasted.

G