Member Info for JohnLewis79

DJ +217 (34,190)
SP +14 (3983)
NS +57 (11,460)
R2 +17 (1232)
WTI $78
10ytb 3•470%

MSCI(W) +19 (2720)
Gold Bugs +4 (257)

After a wobbly start US equities moved higher over the course of the day extending the upward trend seen over the past week. Closing near days high the Dow added 217 the S&P 14 and the Nsdq gained 57 points. The S&P is up c.4% so far this year but lags Nsdq +4•75% and the Small Caps +6•43%. London's 250 index heads the UK risers up 5•24%.

Data showing a fall in Dec consumer prices the first time in 2•5 years & could be on downward trend boosted mrkt sentiment. Traders now price in a 25 basis hike in Feb rates. Volumes were above average 12•14bn, risers outpacing decliners by 3•75:1 on the NYSE.

Latest:- Vix 19. Brent $84.
Gold $1894. Copper $4•176.
Palm $980. Silver $23•905.
$1•219. €1•124.
FF-1. DF-54.
Morning all.

From the Interim report MSi stated the company's 30mm Naval Gun system cont to progress through their comprehensive testing procedures. We are encouraged with their observations to date.

"A great prize still win" said Chairman Michael Bell.

I hope that's not jumping the gun or counting ones chickens so to speak as orders are never written in stone. So far so good even though the mrkt seems sceptical, when are they ever not ... i'm backing Mr Bell knowing the current state of play better than anyone else.

If your on the register a 2p dividend is payable tomorrow.

Following an early fall of c.200 points the Dow turned up late morning and continued to build on the positive start to the year. By the close the DJI was up 269 (33,973) and the Nasdq posted its 4th straight day of gains adding 197 points (11,403). Advancing issues outpaced decliners by 3•3:1 on the NYSE.

Investors will be looking for evidence that US consumer prices grew c.6•5% y-o-y moderating from 7•1% in Nov.
On the banking front Walls bigest banks are expected to report lower Q4 profits starting with JPMC & BOA. WELLS FARGO is stepping back from the home loans business to focus on investment banking.

GS plan to lay off c.6% of their global workforce this year as deal making declines at its investment banking arm and Black Rock Inc the world's largest asset manager is said to be laying off 500 of its staff in a cost cutting exercise.

Other big board companies reporting on Friday include United Health and Delta Airlines. Ford Motor sped to its 9th straight session of gains as revenues are set to increase this Q by c.13% y-o-y.

DJ +269 (33,973)
SP +50 (3970)
NS +197 (11,403)
R2 +13 (1215)
WTI $77
10ytb 3•522%

MSCI(W) +30 (2701)
Gold Bugs -2 (253)

Latest:- Vix 21. Brent $83.
Gold $1884. Copper $4•154
Palm $967. Silver $23•740.
$1•216. €1•129.
FF+23. DF -3.
Morning all.

Have to skip yesterday's nos due to lse breakdown this morning. Normal service resumes tomorrow.

Not been a good week shares down c.18% (High/low) after a very solid start to 2023. It goes to show how fickle investors are who panic at the first sign of concerted selling on tiny volume. Perhaps the stock was overbought and ripe for some easy pickings? Who knows?

Of course it can work the other way as we saw a few weeks back, some traders no doubt caught the up move and might have benefitted from the down move since Jan 4th. I'm sure quick witted traders have made money and will have moved on.....

Am I bovvered? Not a bit as I have not been sucking my thumb as the stock tumbled. I have topped up in several stages from 667 and intend to continue should the shares hit my 365 buy in. My aim is to come out on the plus side a couple of years down the line. What happens in between is neither here n'or there.

Nothing goes up in a straight line we take the brickbats with the plaudits and as long as there are no out of the ordinary surprises MSi is still one of the best shares on Aim and the ftse small caps. Keep your nerve and you should do very well with some tasty dividend income to come.
Evening all.

Had a couple of MSi top ups not registering on any platform i could find. Whadddya expect these days?

DJ -112 (33,518)
SP -3 (3892)
NS +68 (11,108)
R2 u/c (1186)
WTI $74
10ytb 3•543%

MSCI(W) +13 (2666)
Gold Bugs -2 (250)

Asia is trading mostly higher after comments by Fed Officials that the Central Bank will have to keep raising rates to 5% or above for the foreseeable. The USD weakened against major Asian currencies as Powell speaks at a conference in Stockholm later today. US inflation report is due out on Thursday for pointers on rates etc....

On Wall stocks failed to hold gains and ended on a mixed note the Dow slipped 112 while the techs added 68 and the small caps were unchanged but lead the ytd indexes (+2•5%).

Gold closed at its highest level this year and a surge in Chinese demand for oil pushed up import quotas leading refiners to increase output. The reopening of China has boosted demand for the black stuff though the oil price slipped below $80.

Latest:- Vix 22. Brent $79.
Gold $1873. Copper $4•006.
Palm $1015. Silver $23•675.
$1•216. €1•133.
FF-44. DF-52
Morning all.

Yer usual tree shake...a traders mrkt. Ignore current offerings.

A bit of useless info for PAT investors.

The final nos for Panthera during 2022. In no way a 100% accurate accounting but I reckon near enough as to make little difference.

Trades
800
T/Vol
21•852m
Buys
6•749m
Sells
15•103m
Sells
69%

Gold has perked up and ytd is c.$55 ahead. Given other WA goldies have ignored the advance so far, it looks unlikely we're going to get a boost from that direction.

Asia tracked global markets higher on Monday as positive cues from the US showing a drop in wage growth to a 50 year low encouraged investors.

Australia led the Pan Pacifics on back of Miners & Oils edging higher and Gold cleared $1879 to a 6 month high as data indicated a cooling US economy. Tokyo is closed for a holiday and Alibaba boosts HK over 350 points in morning trade. Shanghai is flat to marginally higher.

Latest:- Vix 22. Brent $80.
Gold $1879. Copper $3•970.
Palm $1022. Silver $24•170.
$1•215. €1•137.
FF +23. DF +77
Morning all.

Worth noting that c.70% of the outstanding are declarable and tightly held by the MSi Board. That leaves a tiny free float of c.4•9m to go round several iis and private investors.

With no urgent need for capital its highly unlikely MSi will be tapping holders for money any time soon. This is unusual for expanding small companies as many are looking for free/cheap money. Their lifeblood depends on increasing the shares in issue via placings & rights issues leaving some holders drastically diluted if not invited to the party or unwilling to subscribe.

I have partaken in 4 raises over the years and in 3 of them was soon underwater and out of the money. A costly mistake. So beware small companies looking to pick your pocket!

DJ +702 (33,631)
SP +87 (3895)
NS +299 (11,040)
R2 +27 (1186)
WTI $74.
10ytb 3•563%

MSCI(W) +55 (2650)
Gold Bugs +5 (252)

Close:- Vix 21. Brent $79.
Gold $1867. Copper $3•925.
Palm $1045. Silver $23•980.
$1•209. €1•136.
Yen 133. Yuan 6•87.

A good day on the Street as the main indexes gained 2% after Dec payrolls expanded more than expected. The nonfarms rose by 223,000 in Dec while average earnings were smaller than forecast. With the economy still creating jobs its a win win for the Fed in its battle against inflation.

Even Musk the man of many moments had a better day despite headlines that short sellers have increased their their shorts to 79m over the last month. Short interest stands at $8•76bn, c.3% of the float.

Musk's clumsy take over of Twitter angered many investors who now worry he has backed himself into a dark corner. As supply increases, demand slipping & competiton intensifying the auto industry could be on the brink of a severe downturn. With giant factories in Texas & Germany will Musk find enough customers to justify rising prodction? Tesla closed up $3 at $114.
Morning all.

I note lse have gone back to messing around with the placing and timing of posts. Will they never learn? FFS leave well alone if its working!

OK, so is it the US Navy one?

Ftse futures called up 23 and the DJI up 100.

Quite a surge (MSi speak) in trades yesterday as 47 bargains went through the tape. Shares rose 35 to 695 mid. Bought a few more as I like adding to a rising share rather than chasing one down which i have done too many times in the past.

My avc increases but so does the share value which is preferable to adding to a losing position by 'av' downing. You have to be very confident the stock will recover and that's a big ask if your 70% down on your trades.
Morning all.

Apologies...think I'm a day early ffs! Spending too much time you know where.

DJ -340 (32,930)
SP -45 (3808)
NS -174 (10,741)
R2 -10 (1159)
WTI $75
10ytb 3•718%

MSCI(W) -30 (2595)
Gold Bugs -1 (247)

Close:-
Vix 22. Brent $80.
Gold $1838. Copper $3•862.
Palm $1045. Silver $23??520.
$1•192. €1•132.
Yen 133. Yuan 6•87
Morning all.

Doesn't necessarily apply here but did you know that 40% of Internet 'chat'
traffic is computer generated!