Member Info for JohnLewis79

A strong finish to the week the Dow gained 1167 (+3% ytd) the 500 added 76 a record closing high (11% up ytd), techs lost 66 (+32% ytd). Small caps hit an intraday high and closed 5 off a record 1749 high (+5% ytd) making a clean sweep of indexes up on last year.

Investors were bouyed by vaccine news, Moderna joining the party, job report nos were encouraging and optimism on the economy saw investors back with their buying boots on. Ten of the eleven SP sectors gained on Friday and 90% of the SP 500 have reported Q3s. Cumulatively profits are down c.8% against a forecast 21% back in April. Strong gains were seen in Airlines (United up 5%) and Cruises (Carnival up 8%) along with industrials and financials.

While the above nos are good infections are playing a different tune. A CNBC analysis of data out of John Hopkins Univ Hospital showed av daily new cases were up 5% over the past wk in 47 States & hospitalizations rising in 46 States, some at capacity. Thursday 150,000+ new cases were reported the highest to date. Investors continue to look through the 'case' nos hoping a vaccine can be rolled out before the year end and put a stop to the spreading virus.

A broad spread of companies topped the big board. Cisco, YOYO Boeing, Amex, Goldman, Chevron & Walt heading the risers. No losers yesterday. At close the NYSE saw 9•86bn shares change hands, Buys outpacing Sells by 5:1.

DJ +400 (29,480)
SP +48 (3585)
NS +120 (11,829)
R2 +36 (1744)
WTI $40•08
10y/tb 0•895%
Morning all.

It's getting boring these week by week rises in cpo prices. Boy, we would be bloody moaning if they were going the other way, so let's be thankful for small mercies. This week saw cpo rise $32 making Nov m-t-d average $874 and y-t-d c.$702 ($582). Great as this is the sp which one would expect to show its appreciation does the opposite. As I mentioned in an earlier post buy vols are way more than sells and below some evidence of this.

Today c.857,000 changed hands inc 2 very large trades of 441,000 & 200,000 both at 53•75 so in theory could fall to the sell side. I dont think so but as I cannot be sure I have ommitted them from the total. That makes a weekly total of c.452•5k traded with 444 sells that I could positively identify, a 101:1 ratio in the buys favour. Did the sp go up, not on your Nellie it lost •5. I'm not going to trawl back through weeks of trades but trust me the picture is the same. When the sp stubbornly refuses to react to the welter of positives one must assume there is a deeper malaise hidden in the undergrowth.

Seems to me the only thing to move the sp would be an offer and offers are rarely over a 40% premium. That rules out a bid for REA for no'one in their right mind will accept 80p for the company. If the stock mrkt is supposed to be a weighing machine then the scales are lopsided. This will positively be my last word on the subject as I have exhausted all possibilities I know of. Ring me if you have any new ideas.

Other Palmers had a good wk, Anglo put on 80, Mpe 55 only Dkl & Rea in the dog house. Over in Malaysia the KLPI reduced ytd losses to 5%, as plantation company share prices stagnate, cpo gallops ahead week by week just like here.

Take your point on the Prefs trading at 71•50 they have rallied recently so all might be good in their world but it sure ain't in the 'ordinaries' world.
I know if I was CEO I'd be spitting blood at the performance of the ords and be wanting to know wtf the Co Brokers are doing! Collars would be felt!

Buys are outpacing sells by c.10:1 and the shares are still in the delete bins. I consider this stat as one of the most important for investors. In an instant you can see what investors think of a share and you have to say that usually a share would appreciate on a 10 buy v 1 sell basis and not just on a day or so but over 4 weeks now buys have outpaced sells and the sp has slipped back.

Is someone asleep at the wheel? Have one of the machines jammed? Have the jobbers millions to off load? Is the stock being deliberately held back? Is their an imminent Rns of bad news about to be issued? Are the Bank about to call in its loans?

I'm not sure whether the board are much bothered tbh the sp is just an attachment and it means what you want it to mean. In REAs case I think of nothing and everything which is why I ***** & moan so much, more to come later. Afternoon all.

Hi, devonplay I take your point on the Prefs trading at 71•50 they have rallied recently so all might be good in their world but it sure ain't in the 'ordinaries' world.
I know if I was CEO I'd be spitting blood at the performance of the ords and be wanting to know wtf the Co Brokers are doing!

Buys are outpacing sells by c.10:1 and the shares are still in the delete bins. I consider this stat as one of the most important for investors. In an instant you can see what investors think of a share and you have to say that usually a share would appreciate on a 10 buy v 1 sell basis and not just on a day or so but over 4 weeks now buys have outpaced sells and the sp has slipped back.

Is someone asleep at the wheel? Have one of the machines jammed? Have the jobbers millions to off load? Is the stock being deliberately held back? Is their an imminent Rns of bad news about to be issued? Are the Bank about to call in its loans?

I'm not sure whether the board are much bothered tbh the sp is just an attachment and it means what you want it to mean. In REAs case I think of nothing and everything which is why I ***** & moan so much, more to come later. Afternoon all.

Bland statement on trading update from Anglo saw the stock rise 45 on the news. Net cash stood at $90m and a 26% increase in cpo sell price.

Ffbs were up 6%, bought in ffbs down 6%. Total cpo output was 295•3mt marginally lower than 2019. Doesn't excite me.

We may only be 674 on the ftse all share list but were No 1 on the Mogadishu, a much more reliable exchange. Mind you wer'e the only one but the're you go....

Incidentally on the ftse we may only be 24 places above the bottom but there's an awful lot of joints between us and Coral Products!

We live in hopes that pigs may fly.

Ftse All Share mrkt caps as at 31st, October 2020.

1 AZ £102bn
2 RDSA+B £74bn
3 HSBC £66bn
4 GSK £65bn
5 Diageo £58bn

434 MPE £312m
522 Anglo £189m

674 REA £24m

698 Coral Products £4m

Covid-19
05:00

UK 1,290,195 (50,928)*
Indonesia 452,291 (14,933)•

* 33,470 cases
* 563 deaths
• 4173 cases
• 97 deaths

Rea 171 (53•5)
Cpo $640 ($905)

Oil $63
Gold $1469

Ftse 7304
All 4032
DJ 28,005
SP 3120
NS 8541

$1•290
€1•167
IDR 14,073

Pandemic worries came back to haunt investors yesterday as infections on Wednesday accelerated over 140,000 the 8th straight day above 100,000 and the National tally to over 10m. Many States have reimposed stricter social distancing rules and Chicago has implemented a stay at home policy. The timeline for the roll out of an effective vaccine is causing concern due to transport safety. Adding to the gloom Fed Chair Powell said the economic outlook remains uncertain in the short term. The jobless nos came in at 709,000 new claims the 4th straight weekly decline which did nothing to calm investor nerves. Trump "its said" is on the verge of acknowledging disgracefully.

The Blue Chip Dow fell as industrials, financials and others sensitive to the economy were dumped. Airlines fell across the board Jet Blue ($13) fell 5% & United ($37) down 4%. Cruise operators came in for their regular bashing, Carnival fell $56 to $1067 & Carribean $3 to $68. Disney ($140) up $5 posted a Q3 loss of $701m but subscribers to its streaming services now total 74m well ahead of forecasts.
Two regulars on this blog Hertz & Luckin Coffee have gone their separate ways. Hertz is delisted from the NYSE but trades OTC. Luckin Coffee ($4•75) has survived and trades well above the 6 month low of $1•38.

On the big board United Health & Walmart topped the gainers, YoYo Boeing ($177), Intel & IBM lagging behind. Of those reporting Q3 nos Cisco jumped 8% on earnings beats. Pis faves were mixed, Netflix ($485) fell $5, Tesla ($412) off $6 but Zoom($429) added $16. On the NYSE volume was 10•3bn, fallers outpacing risers by 3:1.
DJ -317 (29,080)
SP -36 (3537)
NS -77 (11,710)
R2 -28 (1708)
WTI $40•26
10y/tb 0•875%

Nos: Oil $42•86. Vix 25.
Gold $1875. Copper $3•131.
Palm $905. $1•312. €1•112.
IDR 14,198. MSCI(W) 601.
FF -78. DF -90.
Morning all.

Days for Cpo to cross USD thresholds as below.

$501-$600 (5)
$601-$700 (100)
$701-$800 (68)
$801-$900 (16)

During the cpo advance from $801-$900 palm shares as below.

Anglo +33
Dkl u/c
Epa sus
Mpe +45
Rea u/c

During the cpo advance from
$701-$800 palm shares as below.

Anglo +24
Dkl +•35
Epa sus
Mpe +45
Rea -2

During the cpo advance from $601-$700 palm shares as below.

Anglo +50
Dkl -•10
Epa -0•65
Mpe -15
Rea -38

(All prices indicative only).

Mr 9100 is back at 54•94, he's persistent!

Hello stranger trust your well!
I'm revisiting my youth here as per doing my money! Hope you escaped the lurgy in Italy and are making a few quid.
Did you see SPO reject a 28p offer? That was a good result for me out at 100 or so...keep in touch. JL.

LRT of 75,000 at 54 did nothing. Its the Christmas Sales guys!...

Covid-19
05:00

UK 1,256,725 (50,365)*
Indonesia 448,118 (14,836)*

* 22,950 cases
* 595 deaths
• 3680 cases
• 75 deaths

Rea 171 (53)
Cpo $646 ($894)

Oil $62
Gold $1472

Ftse 7293
All 4021
DJ 27,782
SP 3097
NS 8479

$1•289
€1•688
IDR 14,085

Techs staged a 'dip' rally after 2 days of falls as twitchy investors switched out of cyclicals and industrials and back into 'stay at homes'.
Volatility and see'sawing across growth and value sectors will continue until infections start falling. Netflix a pis fave gained $10 ($489), Zoom up $44 ($420) & Amazon added $100 ($3136). The death of Tech has been greatly exaggerated and while FAANGs are at stratospheric valuations they still produce solid earnings.

With the virus still rampant across much of America averaging over 100,000 a day and several States imposing stricter lockdown rules this will inevitably put a break on the recovery. Jobless nos due today are expected to be little changed around (700,000) new claims. To date over 21,000,000 Americans are on some form of benefit. Biden has problems on his doorstep, a divided Congress could threaten a Constitutional crisis and his ability to get programs into law. That might panic investors. Trumps lawsuits cont but the mrkt rates him an irrelevancy now.

Apple $119 & Msoft $216 topped the big board with 'YoYo' Boeing $181, Disney $140 & Amex $111 propping up the losers. Volume on the NYSE was back to the 20 day average of 9•6bn traded, risers & fallers on a 1:1 ratio.

DJ -23 (29,398)
SP +26 (3573)
NS +233 (11,786)
R2 u/c (1737)
WTI $41•62
10y/tb 0•936%

Nos: Oil $41•62. Vix 23.
Gold $1869. Copper $3•134.
Palm $894. $1•320. €1•122.
IDR 14,169. MSCI(W) 605.
FF -60. DF -200.
Morning all.

British Bulls say the REAr'bears are in full control. What tripe! Haven't seen a sell since the 12 at 52 yesterday and 270 on Monday.
Prior to that go back to Nov 3rd. Sure dont look like a bear beat down to me. Mind you the bulls are doing the job for them, heh heh heh!

Someone likes the nos 9100 that's the 3rd consecutive buy last 2 days. It's a nice round £5000 each trade. I'm sure he knows what he's doing....