Member Info for JaiBabaSwami

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Lots going on today so could be a bit bumpy, especially around 12. Seems to be the standard theses days though.

In the UK, households are bracing for a likely 50% rise in their heating bills as Ofgem announces the price cap for the next six months. A figure near £2,000 is being widely forecast.

Around the same time, the Bank of England is expected to raise interest rates for the second month running, the first time that has happened since 2004.

A 0.25% hike to 0.5% is the City’s prediction plus some change in the current quantitative easing programme.

“We remain concerned about the risk of an overreaction in financial markets from a BoE announcement on quantitative tightening (QT), which we consider likely at 12pm today when the BoE publishes the February Monetary Policy Report and MPC meeting minutes”, said Kallum Pickering at Berenberg.

Elsewhere, there are likely to be bumper profits announced by Shell and more modest progress at BT, where the prognosis is for another flat quarter of sales and earnings, in the raft of trading updates.

All this follows a night of earnings in the US that saw a major split in the fortunes of FAANG members.

Google/Alphabet smashed forecasts, with a jump of 36% in profits to US$20bn as sales leapt 32%.

Facebook/Meta shares, though, tanked by 20% as it reported the first reduction in the number of daily users in its history alongside a lower than expected revenue forecast this quarter.

We are not following the trend I’m afraid. I know this share has massive potential but currently it’s a dog turd. Have to think about moving money elsewhere in between. But when does the in between end? Do you loose out if there is a massive rise, hhhmmm!!! AFC CERES ITM, all made 15 to 30% in the last few days,

Extremely frustrating.

Games and shorts closing?

Are we due a trading update anytime soon anyone? Thanks.

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https://m.youtube.com/watch?v=Kg8RauIPSaE

Serious question. Is nobody concerned about a general market crash? Obviously starting in the over inflated US markets?

https://biotech4.co.uk/industries/local-authorities.html

And AFC charging the cars in the car park too. Win, win!

This is great publicity. Thanks for posting.

Someone mentioned green hydrogen.

https://www.rechargenews.com/energy-transition/violent-shakedown-green-hydrogen-to-become-cheaper-than-grey-within-two-years-says-analyst/2-1-1147440

Inflation up again. Bugger

Just no love in this sector across the board at the moment. It will change eventually.

They will be reducing over the next few days I imagine. Let’s see……..

https://shorttracker.co.uk/

Bronte reduced yesterday by .03%

Yes. Interested to see late and after hour trades.

Some nice chunky buys going through.

Looks like Bronte have timed this badly. Short squeeze anyone?

So it took nearly all day to fill that order. Looks like the 2 trades after hours were buys at the top of the market too.

Is bananaman2 still here?

The SP stated to rise at that time so guessing it was a buy