Member Info for JohnLewis79

Yup, Bab was another i swerved through dithering when I should have been acting! Can't imagine how many times I have sucked my thumb when I should have pressed the buy button. Must have cost me many a pretty penny!

As I got older risk avoidance became my priority having lost nearly 90% of my funds in a speculative medical start up backed by one time 'wunder'kid' Woodford. Thereafter it has been a struggle. I decided to invest most of my remaining cash in one or two stocks as a quicker but more risky way to recover my losses. Luckily I chose right and while still underwater i can at last see the shoreline.

Just when investors thought it was safe to enter the waters Trump pulled a fast one on the Street when he announced a new round of tariffs ranging from 20%-100% on a range of diverse products. These include furniture, kitchen equipment, imported drugs and in the case of heavy trucks a 25% tariff will be imposed on unfair foreign competiton to level the playing field. Trump said this is a national security issue.

Stocks saw further falls during the session following the pull back seen over the previous 2 days but ended well off their lows (45,785) to close down at (45947) for a 3 day losing streak leaving investors wondering whether the bull rally has run out of steam.

On the big board 10 stocks closed better led by IBM, Apple & Chevron. Heading down Amgen, Nike & Merck. Leading the city pages Intel ($33) shot up 9% after reports the company has approached Apple about investing in the chip maker. Earlier Softbank the giant Japanese tech company had invested $2bn in the firm following the $5bn by Nvidia. Intel stock has risen 60% since August on the back of these partnerships.

Amazon ($218) fell as it reached an agreement to pay $2•5bn to settle allegations from a US regulator to enrol customers in Amazon Prime, making it difficult for them to cancel subscriptions.

Starbucks announced it would cut 900 jobs and shutter hundreds of underperforming stores across the US, Canada & Europe. Starbucks North American estate has over 18,700 stores (520 UK) and expects the cost of restructuring to exceed $1bn. Shares in the Seattle based coffee giant were little changed at $84.

Nyse data

Issues 2845

Advances 744

Declines 2023

U/c 78

NH 44

NL 72

T/vol(tn) 1•2

--------------

DJ -173 (45,947)

SP -33 (6605)

NS -106 (24,397)

R2 -13 (1431)

WTI $65

10ytb 4•176%

----------

Latest :- Vix 17. Brent $69.

Gold $3747. Copper $4•785.

Palm $1034. Silver $45•085.

$1•354. €1•143.

FF +24. DF +25.

Morning all.

bab**** the defence contractor says trading in the first 5 months has been encouraging as organic growth and margins are in line with internal forecasts.

the £200m share buyback is c.25% complete and expects to be finished by the financial year end. bab**** shares of which there are around 502m traded at 1230p on a p/e of 25× as of yesterday.

Nyse data

Issues 2853

Advances 1027

Declines 1757

U/c 69

NH 80

NL 43

T/vol(tn) 1•20

-------------

DJ -171 (46,121)

SP -19 (6638)

NS -77 (24,504)

R2 -13 (1444)

WTI $65

10ytb 4•144%

----------

MSCI(W) -16 (4277)

Gold Bugs -13 (583)

----------------

Latest :- Vix 16. Brent $68.

Gold $3738. Copper $4•877.

Palm $1027. Silver $44•275.

$1•346. €1•146.

FF -17. DF +54.

Morning all.

I have WBs phone number but he's not responding to my messages! That TKO result sure kay'oed me!! Excellent pharmall.

Picked up a few Jet2 on a 2 yr view. Stock hit a 6 month low which looks overdone. These will fly if Trump can convince maniac Putin to turn tail to Moscow.

As a point of reference AZN our bigest company by mrkt value has (c.3•126bn) shares in issue plus ADRs whose latest count is not readily available. The last one i saw in 2020 there were c.492m outstanding ADRs.

I assume when the mrkt value of AZN is calculated it will inc the ADRs listed on the Nsdq.

Mr Magoo i couldn't agree more. Let's hope the Indian Govt come to their senses and agree an amicable settlement.

On Wall St stocks prices moved lower over the day pulling back off Mondays record closing high where the 500 added 29 to 6694. The tech heavy NSDQ was the big loser off 181 at 24,580 as Msoft & Apple were sold off and investors become wary of Google's surging stock price ($252) up 33% ytd.

Most investors tuned into Fed Chair Powells comments about the future path of interest rates being weighed down by geo political concerns. Speaking at an event in Rhode Island Powell described equity prices as "fairly highly valued" He also addressed the outlook for monetary policy noting the Fed is facing a "challenging situation" as near term risks to inflation are tilted to the upside and risks to employment to the downside. However Fed Governor Stephen Miran reiterated his call for substantially lower rates advocating a 50 basis cut. General consensus is running in favour of 2 more cuts before the year end.

On the Dow gainers and losers were evenly split 15/15. Going up Boeing, UH & 3MCo, heading down Amazon, Salesforce & Visa. Nvidia came off $5 to $178 as profit takers snatched gains after recent record highs for the stock which has put on 29% this year. There are c.24•3bn shares in issue.

Nyse data

Issues 2851

Advances 1291

Declines 1468

U/c 92

NH 209

NL 46

T/vol(tn) 1•30

-------------

DJ -89 (46,293)

SP -39 (6657)

NS -181 (24,580)

R2 -3 (1457)

WTI $64

10ytb 4•112%

----------

MSCI(W) -16 (4294)

Gold Bugs +1 (596) R

---------------

Latest :- Vix 17. Brent $67.

Gold $3775. Copper $4•641.

Palm $1024. Silver $44•405.

$1•351. €1•145.

FF -20. DF +75.

Morning all.

Goodness me 100 companies to monitor! Thats a full-time job for sure and one i couldn't possibly manage. I remember reading some of WB's early letters to shareholders where he recommended a portfolio of between 10 & 20 stocks as being the optimum for most private investors to manage efficiently.

I think i never had more than 8 at anyone time. So best of luck looking after and decision making on such a large portfolio. Rather you than me.

Good to see sell vols outpacing buys by c.6:1 this morning. I wouldn't read too much into the nos as they could turn around tomorrow and lets face it no'one makes investment decisions on a few days trading vols.

However for an investor with a 2-3 year view on MSi it's an opportunity to pick up some shares under recent 1400p highs and on a p/e well below US & some UK comparators. For instance Cohort & Chemring both on p/e of 30x earnings. A good safety margin imo for the patient investor.

The talk in London is all about the continuing rise of Nvidia which gained $6 to a record $183. It's mrkt cap ($4•470tn) now exceeds the total value of the ftse 100, which incidentally has no company in the global top 50 firms by mrkt value. Nvidia plans to invest $100bn in OpenAi as part of a data center build out in the coming months. Thats almost the equivalent of the mrkt cap of Rio Tinto one of the bigest miners in the world. The nos around Nvidia are staggering.

The 3 major averages closed at all-time highs making 3 consecutive win sessions for the 500 up 14% this year. On the Dow 12 of the big board top 30 gained led up by Apple (+4%), Nvidia & IBM. Going down P&G, 3MCo & Amazon.

On the economic front Investors wait for the latest readings of the PC expenditure prices index due on Friday for pointers on the path for rate cuts. A background unrelated worry is the chance of a Govt shutdown ahead of Sept 30 deadline after the Senate rejected Republican & Democrat proposals to temporarily fund the Federal Govt.

US investors are flush with money as assets in money- mrkt funds top $7•7tn. The rush into money funds began in 2022 when the Fed started raising rates which now yield a lot more than the 2010s. Investors fret over inflated stock prices and are reluctant to move money from cash into equities. Squeezing the last drop out of stocks is becoming a much riskier at these levels.

Nyse data

Issues 2852

Advances 1388

Declines 1373

U/c 91

NH 141

NL 48

T/vol (tn) 1•3

-------------

DJ +66 (46,382)

SP +29 (6694) R

NS +135 (24,761) R

R2 +3 (1459) R

WTI $63

10ytb 4•152%

----------

MSCI(W) +15 (4309)

Gold Bugs +17 (595) R

----------------

Latest :- Vix 16. Brent $66.

Gold $3755. Copper $4•633.

Palm $1044. Silver $44•170.

$1•351. €1•145.

FF +16. DF +27.

Morning all.

hi pharmhall i looked at elixir when they announced admittance to london's main market some months ago. i was tempted to buy but couldn't really understand what they did and i certainly couldn't write on the back of a *** pckt their business operandi. so i swerved.

still these days i guess it's not that important to understand the 'whys & wherefores' of a business if you bought on a tip and it goes up! missed the boat on that one but gained on my main one. so nothing lost.

Tokyo has opened week 39 strongly as the 225 surged over 600 in early dealings. Motors & exporters led the way ahead. At the mid session break the 225 was up 700 points and nearing the all-time high of 45,853.

Bigest gainers saw Sumco surge 11%, Taiyo Yuden 8%, Lasertec 7% & Omron up 6% and the USD traded in the 148 yen range.

Bargain hunting among oversold properties might see support for the Hongkong mrkt which fell 200 at the bell and has alternated between positive and negative the last 4 days.

At mid session the Hang Seng has fallen off an early tick up to trade 266 lower at at lunch. Sunny Optical tech up 6% led the risers with Galaxy Entertainment and New World Development gaining 4% each. CITIC & Orient Overseas led the losers board off 4%.

Shanghai has bounced off a 3807 low having lost 55 in previous back to back sessions. By mid'day the SHCOMP had clawed back falls to trade a few points better at 3820, though among the actives banks were being sold off. Across other South Asia regions mrkts are trending higher taking cues from Tokyo. The JSX Comp briefly hit a record high of 8088 in early deals before profit takers pushed the index down 20 to 8029 at mid'day.

In Sydney the ASX200 jumped over 80 in early dealings to a high of 8846 before sellers knocked the index back below the 8800 level. Bigest gainer on the day was Starpharma (0•21AUD) rocketing c.60% after a licensing agreement with Genentech to develop new cancer therapies thrilled investors. Above average gains were also seen in Reece Ltd up 14% and 8% in gold stocks Resolute and Northern Star Resources.

Miners and financials have helped stop the falls pushing the mrkt back above the 8805 level to trade better during the afternoon. Near close the ASX200 had put on 35 points to 8809.

Wk 39

-----

Latest :- Vix 15. Brent $67.

Gold $3693. Copper $4•633.

Palm $1036. Silver $43•620.

$1•346. €1•147. 10ytb 4•14%

FF -4. DF -50.

Morning all.

Issues 2849

Advances 950

Declines 1808

U/c 91

NH 157

NL 49

T/vol(tn) 4•10

-------------

DJ +172 (46,315) R

SP +32 (6664) R

NS +171 (24,626) R

R2 -16 (1456)

WTI $63

10ytb 4•131%

----------

MSCI(W) +15 (4294)

Gold Bugs +24 (578)

----------------

Close :- Vix 15. Brent $67.

Gold $3684. Copper $4•631.

Palm $1038. Silver $43•365.

Yen 148. Yuan 7•11

$1•347. €1•147.

FF u/c. DF -33.

Morning all.

MSi stock getting way ahead of their fundamentals. True value is around 1300 at best until we know better. My guess we will see the sp back track to the 1200 level come the results. Current 1400 looks well over egged imo.

You have to think the recent puffery in the stock is jumprs on the bandwagon. Never a pointer to invest unless your a trader. I'm a buyer hoping for a cheaper buy back on hopes the jobbers will force out loose holders closing losing positions towards the close thus giving me a 'fair' entry share price.

I'm a buyer at 1320 or lower so C'mon sellers let's have you!

Sorry wrong board!

Increasing taxes is like standing in a bucket and lifting it, so said.....(WC). No doubt that's why Reeves ducked the issue while Trump continues to press Fed Chair Powell to lower rates to the 2% level from current 4%.

In the UK prices are rising at twice the banks target rate of c.2%. The mrkts were not expecting a rate cut and the ftse ticked up off a triple bottom closing 20 higher at 9228.

Over in NY the Dow opened strongly surging over 300 to an intra-day record of 46,318 as the Fed points to more rate cuts before the year end. Shares of Nvidia and Caterpillar led the advance though at mid session there were more fallers than gainers on the big board as traders locked in short term gains.

Big board stocks like Nvidia, and Msoft hit record closes. Nvidia after agreeing to invest $5bn in Intel closed up $6 at $176 and Msoft at $509. Intel on the other hand surged 22% on the Nvidia purchase & collaboration to a new record at $31. On the DJI 14/30 closed better led by Cat, IBM & Nvidia. Heading down P&G, UH Group & Visa. At the close the 3 major indexes had posted new record closes.

Profit taking hit gold prices following the Feds Latest rate cut though many investors see gold in a longer term uptrend. Analysts at Societe General expect gold prices to trade around $4000 and ounce through 2026 and recommend investors hold 5%-10% of their portfolios in gold.

Nyse data

Issues 2849

Advances 1797

Declines 968

U/c 84

NH 148

NL 31

T/vol(tn) 1•2

------------

DJ +124 (46,142) R

SP +32 (6632) R

NS +231 (24,455) R

R2 +33 (1473)

WTI $63

10ytb 4•120%

----------

MSCI(W) +14 (4279)

Gold Bugs u/c (554)

----------------

Latest :- Vix 16. Brent $67.

Gold $3658. Copper $4•618.

Palm $1038. Silver $42•600.

$1•355. €1•150.

Morning all.

No FF or DF as ig index now require one to open a trading account with user name , password etc to access real time charts. F**k 'em.

Increasing taxes is like standing in a bucket and lifting it, so said.....(WC). No doubt that's why Reeves ducked the issue while Trump continues to press Fed Chair Powell to lower rates to the 2% level from current 4%.

In the UK prices are rising at twice the banks target rate of c.2%. The mrkts were not expecting a rate cut and the ftse ticked up off a triple bottom closing 20 higher at 9228.

Over in NY the Dow opened strongly surging over 300 to an intra-day record of 46,318 as the Fed points to more rate cuts before the year end. Shares of Nvidia and Caterpillar led the advance though at mid session there were more fallers than gainers on the big board as traders locked in short term gains.

Big board stocks like Nvidia, and Msoft hit record closes. Nvidia after agreeing to invest $5bn in Intel closed up $6 at $176 and Msoft at $509. Intel on the other hand surged 22% on the Nvidia purchase & collaboration to a new record at $31. On the DJI 14/30 closed better led by Cat, IBM & Nvidia. Heading down P&G, UH Group & Visa. At the close the 3 major indexes had posted new record closes.

Profit taking hit gold prices following the Feds Latest rate cut though many investors see gold in a longer term uptrend. Analysts at Societe General expect gold prices to trade around $4000 and ounce through 2026 and recommend investors hold 5%-10% of their portfolios in gold.

Nyse data

Issues 2849

Advances 1797

Declines 968

U/c 84

NH 148

NL 31

T/vol(tn) 1•2

------------

DJ +124 (46,142) R

SP +32 (6632) R

NS +231 (24,455) R

R2 +33 (1473)

WTI $63

10ytb 4•120%

----------

MSCI(W) +14 (4279)

Gold Bugs u/c (554)

----------------

Latest :- Vix 16. Brent $67.

Gold $3658. Copper $4•618.

Palm $1038. Silver $42•600.

$1•355. €1•150.

Morning all.

No FF or DF as ig index now require one to open a trading account with user name , password etc to access real time charts. F**k 'em.

On an overall lackluster days trading the Dow pushed ahead 260 while the 500, Nsdq & small caps all flagged. The Fed duly cut rates by 25 bp to 4% and traders expect another rate cut at their next meeting in late October and possibly a final cut in Dec. In an 11-1 vote only new policy maker Stephen Miran advocated for a half point cut.

The Dow saw 23/30 companies posting gains led by Amex, Cat & Visa while heading down Nvidia, Home Depot & Amazon. Tesla stretched its winning run to 7 sessions their longest rally since July which was enough to add $40bn to Musk's bank account. He currently owns c.413m shares or 13% of the company. At $422 Tesla is valued at $1•373tn the 9th largest global firm by mrkt cap. Nvidia retains the No 1 spot of most valuable Co at $4•146tn.

Nyse data

Issues 2837

Advances 1379

Declines 1368

U/c 90

NH 157

NL 27

T/vol(tn) 1•30

--------------

DJ +260 (46,018)

SP -6 (6600)

NS -51 (24,224)

R2 -1 (1440)

WTI $64

10ytb 4•072%

-----------

MSCI(W) -5 (4265)

Gold Bugs -2 (554)

----------------

Latest :- Vix 16. Brent $68.

Gold $3652. Copper $4•619.

Palm $1053. Silver $41•925

$1•362. €1•153.

FF +10. DF +118.

Morning all.