Member Info for JohnLewis79

Asian shares are lower after a late sell off on the Street wiped out earlier gains. The Dow had opened up nearly 500.
Toyota Japan's top auto maker said it was halting prod at 11 factories for 3 days a week and planned more closures in Feb. Other Asian mrkts followed the Nikkei lead.

The S&P fell 50 points taking over 85% of constituents lower led by Airlines and the Nsdq is now in 'correction' territory (10% below peak). New applications for benefits rose to the highest level in 3 months adding to the gloom.

DJ -313 (34,715)
SP -50 (4483)
NS -201 (14,846)
R2 -28 (1300)
WTl $86•29
10ytb 1•778%

MSCI(W) -16 (3083)
Gold Bugs -5 (263)

Latest:- Oil $87•05. Vix 25•59.
Gold $1841. Copper $4•507.
Palm $1345. Silver $ 24•530.
$1•359. €1•199. Yen 113•808.
Yuan 6•340. FF -80. DF +9.
Morning all.

Stock prices are broadly better this morning across Asia after China cut its lending rate on 1 and 5 year loans in an effort to ease property developer debt woes. The Nikkei jumped over 300 points on news of surging exports of 17% in December. Pan Pacifics are also trading higher.

At 3:00pm JST.

TK +293 (27,754)
HK +600 (24,728)
SH +3 (3561)
SK +12 (2855)
TAIX -9 (18,218)
ASX +10 (7342)

On Wall overnight stocks cont the slide in prices of recent days the 500 falling 44 due in the main to a sell of in big tech, Apple down 2%, Msoft flat and chip maker Nvidia fell 3%. The tech sector is having a rocky start to the year trading down c.9%. Inflationary worries and Fed tightening with rates almost certain to rise in March is keeping investors in sell mode.

DJ -340 (35,029)
SP -44 (4533)
NS -163 (15,048)
R2 -23 (1328)
WTI $86•97
10ytb 1•860%

MSCI(W) -26 (3099)
Gold Bugs +20 (268)

Latest:- Oil $88•32. Vix 23•85.
Gold $1840. Copper $4•492.
Palm $1330. Silver $24•190.
$1•363. €1•201. Yen 114•456.
Yuan 6•343. FF +33. DF +121.
Morning all.

DJ -543 (35,368)
SP -86 (4577)
NS -401 (15,211)
R2 -37 (1352)
WTI $86•52
10ytb 1•881%

MSCI(W) -52 (3124)
Gold Bugs -3 (248)

Latest:- Oil $88•52. Vix 22•79.
Gold $1811. Copper $4•396.
Palm $1310. Silver $23•440.
$1•360. €1•200. Yen 114•287.
Yuan 6•350. FF-42. DF -174.
Morning all.

??????....never ever bank on good news!

Yesterday US mrkts were closed for Martin Luther King Day. This week investors will have to digest Q4 earnings from heavyweights GS, P&G, Flix and United Airlines. The season started with lacklustre reports from JPMC, CITI & Wells Fargo which tempered expectations for a strong start to the year.

Going into Q1/2022 the S&P is off c.2%, Dow down c.1•2% and the Nsdq where selling started in earnest back in late Dec is off a whopping 4%, led by Msoft off $25 (7%), Apple $9 (5%) and Google losing $110 (4%).

With over 166 S&P constituents down at least 50% from 52wk highs, analysts predict Q1 earnings to reflect the toll of omicron more heavily than Q4. While many expect earnings nos to be robust companies are having to deal with supply chain snarl ups higher wages and incoming costs which inevitably will decelerate earnings and cash flows.

MSCI(W) +3 (3176)

Latest:- Oil $87•35. Vix 19.19.
Gold $1816. Copper $4•415.
Palm $1345. Silver $22•910.
$1•363. €1•196. Yen 114•934.
Yuan 6•344. FF -17. DF -102.
Morning all.

Morning Pollack, it's very quiet despite the January effect being generally good for mrkts but in my experience never for my shares.

Sellers are way outpacing buyers who are very thin on the ground. I added a few last week on a rounding up exercise and don't want to be out of PAT if we get a surprise RNS on JVP/Bhukia news. For that alone PAT rates a 'Hold.'

Its going to be a test of one's patience and how you assess the risk/reward ratio. As far as I'm concerned despite the mrkt view on our sp the reward aspect keeps me here.

Tokyo's Nikkei 225 opened higher and in pm trading is 242 better as traders picked up cheap stocks after last wks 2 day sell off. Most sectors were ahead despite ongoing virus concerns and POO spiking.
Shanghai is up (22) after Q4 GDP nos slipped to 4% though for the year the economy grew by 8%(2%). Retail sales grew by 1•7% missing forecasts of c.4%. Travel restrictions & continued lockdowns in some cities prompted GS to downgrade China 2022 GDP nos.

Latest:- Oil $86•32. Vix 19•19.
Gold $1820. Copper $4•428.
Palm $1315. Silver $23•020.
$1•363. €1•197. Yen 114•424.
Yuan 6•344. FF +19. DF -33.
Morning all.

DJ -201 (35,912)
SP +4 (4663)
NS +116 (15,612)
R2 +6 (1388)
WTI $84•27
10ytb 1•792%

MSCI(W) -9 (3173)
Gold Bugs -3 (252)

Close :- Oil $86•47. Vix 19•19.
Gold $1817. Copper $4•431.
Palm $1315. Silver $22•985.
$1•367. €1•198. Yen 114•127.
Yuan 6•351.
Morning all.

I shall be doing PAT's weekly nos on a running total basis from now on.

PAT
Ytd
-------
Trades 50
Vol 993k
Avg 19,860
Buy 98k
Sell 895k
Sell 91%
5 (-6%)
30 (-13%)
90 (+9%)
Ytd (-6%)
52wk (-65%)

Wk2
------
CORA 8•85 (u/c)
GRL 9•00 (u/c)
HUM 14•00 (+0•36%)
0RR 0•39 (-2%)
RRR 0•63 (+9%)

Ytd
-----
Ftse +157 (7542)
All -41 (4273)
Aim -55 (1172)

DJ -176 (36,114)
SP -67 (4659)
NS -409 (15,496)
R2 u/c (1382)
WTI $81•85
10ytb 1•726%

MSCI -32 (3182)
Gold Bugs -3 (254)

Latest :- Oil $84•37. Vix 20•31.
Gold $1826. Copper $4•511.
Palm $1335. Silver $23•205.
$ 1•373. €1•196. Yen 113•696.
Yuan 6•357. FF-47. DF +27.
Morning all.

CPI rose 0•5% in Dec & took the Y-O-Y consumer price index to 7% in line with forecasts and at the fastest rate since 1982. Price rises in the Services Sector rose less than expected stoking hopes inflation may cool in the months ahead.

T/Bills eased back from 1•8% lifting techs. Energy was flat as the oil price neared 2 month highs. Analysts price in oil in the range $85-$90 this year as demand surges on economic reopenings. Gold rose on $ weakness and stocks eked out small gains as 10/11 SP sectors rose on 10•25bn traded, risers outpacing fallers 1•26:1.

DJ +38 (36,290)
SP +13 (4726)
NS +61 (15,905)
R2 -6 (1382)
WTI $82•48
10ytb 1•748%

MSC1(W) +21 (3214)
Gold Bugs +4 (258)

Latest:- Oil $84•39. Vix 17•62.
Gold $1827. Copper $4•544.
Palm $1315. Silver $23•315.
$1•371. €1•198. Yen 114•543.
Yuan 6•360. FF -5. DF -80.
Morning all.

The uber bear tops up in PAT? You can't be serious!

Had a small top up at sub 12, more a roundo nos than anything else. Think I may have slightly reduced my avc.
On the way to papering my sitting room wall with certificates..grrrr!

ejt7777...why should one be contingent on the other? What if they like PAT but not our partner? But, heh it's India and all bets are off....

Not reported on Co RNS announcements board? I'm not sure what it amounts to so will leave it to those who understand all the assays jargon.

In the Far East mrkts are considerably higher following Fed Chair Powell' s comments to a Senate Banking Committee on rates and inflation, which were interpreted as less hawkish despite indicating more rises ahead. US inflation nos are due out later today and are expected to go up from 6•8% to 7%.

A good day on the Street added to investors bullishness. Commodity prices rose across the board as the USD index slipped and t/bills gained. The next price point for gold for a move up is $1830.

Latest 3:00pm JST.

TK +544 (closed)
HK +606
SH +29
ASX +49

DJ +183 (36,252)
SP +43 (4713)
NS + 230 (15,844)
R2 +8 (1387)
WTI $81•40
10ytb 1•731%

MSCI(W) +27 (3193)
Gold Bugs +5 (253)

Latest:- Oil $83•77. Vix 18•41.
Gold $1821. Copper $4•465.
Palm $1315. Silver $22•840
$1•364. €1•199. Yen 115•327.
Yuan 6•367. FF +50. DF +67.
Morning all.

DJ -162 (36,069)
SP -7 (4670)
NS +22 (15,614)
R2 -5 (1379)
WTI $78•70
10ytb 1•764%

MSCI(W) -11 (3166)
Gold Bugs +5 (248)

Latest:- Oil $81•27. Vix 19•40.
Gold $1805. Copper $4•354.
Palm $1305. Silver $22•460.
$1•357. €1•198. Yen 115•225.
Yuan 6•370. FF+25. DF -18.
Morning all.

No need to apologise Sporty66, trust you made a turn....