Member Info for JohnLewis79

Oil $44.84. Vix 22.
Gold $2039. Palm $741.
$ 1.307. €1.108. IDR 14706
MSCI(W) 563. FF +38. DF +65.

Covid-19
04:30
GMT
Total cases 20,024,263
China 84,668 +49
Total deaths 733,795
China 4634

Countries 213
USA 5,199,444 (165,617)•
UK 310,825 (46,574)*
Indonesia 125,396 (5723)
Malaysia 9083 (125)

• 49,721 infections
• 547 deaths

* 8 deaths
* 1062 infections
* 4576 cases per 1m pop
* 686 deaths per 1m pop
* 18•3m total tests
* 270k tests per 1m pop

Summary
Total cases 20,024,263
New cases 7716
Total deaths 733,995
New deaths 388
Recovered 12•9m (64%)

Only S.Korea and Taiwan in the black this morning. Among the Pan Pacifics Australia is up 60 as the infection rate falls in Victoria, Melbourne is still under a nightime curfew and lockdown. To date Australia has had 21407 cases and 314 deaths (12 per 1m pop).
Falls are limited to less than 1% after the US Congress failed to agree a support package and local concerns take centre stage. In HK the arrest of a prominent activist is spooking already jittery investors after recent tangles with Beijing the Hang Seng down 260 in pre lunch dealings, TK is closed for a holiday.

In China food prices jumped 13% (pork 86%) as demand for pork increased due to recovering market conditions, floods in S.China disrupting transport drove up prices but non foods were flat. China's inflation rate came in at just below 3%.

Below are ytd % figs.
Nikkei -6 (closed/holiday)
HK -13
SH +10
SHZ +32
SK +8
TAIX +8
JSX -18
KLCI -1
STI -21 (closed/holiday)
ASX2 -9

Well that's Banks for you bigger crooks than the Mafia.....PPI anyone? That scam cost the Banks £38bn when unsuspecting
customers were sold insurance alongside mortgages and other loans when they most certainly did not need it and had no idea what portion of the cost went where? Like for instance 66% of the sum going to intermediaries in many cases. Guess one didn't sign up for that?

You, if you were one of the unfortunates to have been missold, paid fat commissions as high as 50% and more to people who did nothing to deserve them. The Banks would say and they did "that's the cost of doing business."
I would say that's sharp practice more akin to loan sharking. Their greed knows no bounds. As they desert the High St, cut opening hours and weekends, under the guise of corona-v it's a great opportunity to reduce their landbank. Soon we will be charged for holding our cash in Banks and be forced to bank on line. Not a prospect I look forward to.....

Covid-19 hospital patients have dropped over 90% since the peak of the pandemic. Some hospitals had no covid patients and deaths have plummeted from 866 high to just 5 across the country on Thursday.
At the height of the pandemic, April 12th 17,000 beds were occupied by confirmed cases in England and 4 months later 690.

Epidemiologists suspect the virus has become less angry, less virulent and the UK may have achieved a sufficient level of herd immunity to prevent a second wave of covid-19.
With virus admissions falling hospitals can now tackle the c.10m people stuck on waiting lists and return to normal non covid health services.

Covid-19
04:00
GMT

Total cases 19,804,408
China 84,619 +23
Total deaths 729,586
China 4634

Countries 213
USA 5,149,723 (165,070)•
UK 309,763 (46,566)*
Indonesia 123,503 (5658)
Malaysia 9070 (125)

• 54,199 infections
• 976 deaths

* 758 infections
* 55 deaths
* 4560 cases per 1m pop
* 686 deaths per 1m pop
* 18•1m total tests
* 267k tests per 1m pop

Summary
Total cases 19,804,408
New cases 9347
Total deaths 729,586
New deaths 791
Recovered 12•7m (64%)

Hi, comeonvog, yea been going to the pub regularly since reopening day! I'm a lunchtime drinker so the pub is fairly quiet accept Sat & Sundays.
I managed to save a few quid during the lockdown so what's left after REA purchases is rapidly disappearing. Tbh at my time of life I'm not going to deny myself anything though I will not wear a mask walking around town, pointless and very uncomfortable in this heat.
Saw G get clobbered on results that hardly came as a shock.... probably would have gone up 50% on the NYSE! Glad I'm out of that one though not doing very well here atm! Us investors are never happy are we?

Covid-19
04:30
GMT
Total cases 19,543,562
China 84,596 +31
Total deaths 724,075
China 4634

Countries 213
(Selected)
USA 5,095,524 (164,094)•
UK 309,005 (46,511)*
Indonesia 121,226 (5593)
Malaysia 9063 (125)

• 63,345 infections
• 1290 deaths

* 871 infections
* 98 deaths
* 4549 cases per 1m pop
* 685 deaths per 1m pop
* 17•8m total tests
* 262k tests per 1m pop

Summary
Total cases 19,543,562
New cases 11,030
Total deaths 724,075
New deaths 891
Recovered 12•5m (64%)

Cpo averaged $743 on the wk(32) and ytd runs at $664. No change at REA. Other palms Anglo +20, Mpe -15, Dkl +0.20 & Epa +0.25 all on week.
The KLPI down 10% ytd, cpo off 8% & cpko up c.1% Brent closed $44.64 up 2% on the wk and ytd runs 33% down.

Techs stopped the Dow in its tracks the Nsdq Comp fell 97 with the big counters on the back foot.
Apple -$10, Amazing -$57, Flix -$14 and Msoft down $4 ($212) all suffered. Tesla pleased the shorts off $37 ($1453). The news of Congress unable to reach any agreement on the aid package came too late to effect stocks. The main sticking point is how much should the benefit be and for how long?

Trump insists he will see Americans are provided for by a Presidential Exec Order. How he aims to accomplish this I don't know as Congress hold the purse strings. It must be said that the Republicans are divided on the support package some wanting it withdrawn entirely. The Democrats want the $600 extended. As it stands your State will provide unemployment benefits, great if you live in Massachusetts where you will receive beaucoup bucks but not if you claim in Mississippi where $250 is the maximum.

As you will have gathered there is no single benefit system, every State has their own system and they vary enormously.
At close:
DJ +46 (27433)
SP +2 (3351)
NS -97 (11,011)
R2 +25 (1569)
WTI $41.61
10y/tb 0•563%

Nos: Oil $44.64. Vix 22.
Gold $2046. Palm $739.
$1.305. €1.107. IDR14629.
MSCI(W) 563.
Morning all.

Beauty of logging in here, every day you have to enter your password, bank details, dob, & last pint, this extreme inconvenience just about keeps me involved (get a effn grip lse) to see the shares head lower.

Excellent news. I'm looking for low 50s to add as buyers are thin on the ground and looks odds on I can add shortly. The hot summer months are a very good time to pick up distressed assets, not that I would class REA in that league but damn near it as recent results from o...lies get hammered into the Jurassic for posting forecast losses (not in the US of course) where a fool and his money are not parted. Its almost a right of passage to dump crap results on willing mrkt buyers only to see the shares surge which might lead you to believe REA will do likewise. I believe they will. So far so good as they have and hopefully will continue to do so.
A fool and his money? Seems not. At least the London mrkt have called it right, cpo prices well up, REA well down that's not a trend I'm bucking, ie dont fight the tape, go with the flow and start praying.
Afternoon all.

Not a single Far Eastern mrkt in the black this morning. Trade worries, tariffs the virus are all back to the front page so to speak. Infection spikes in Australia and more lockdowns send the ASX200 down 45 and 10% ytd. In HK Tencent fell 7% on news of Trump banning US companies from doing business with the maker of We Chat that tanked the Hang Seng in no mood to hear more bad news from one'time best mate America.
China reported surprisingly strong July export shipments (7% up) with imports down 1%.
Shares down on profit taking ahead of the wk/end.
At JST 1:00 pm
TK -176
HK -566
SH -49
SHZ -43
JSX -55
ASX -47

Covid-19
03:00
GMT

Total cases 19,257,649
China 84,565 +37
Total deaths 717,687
China 4634

Countries 213
(Selected)
USA 5,032,179 (162,804)•
UK 308,134 (46,413)*
Indonesia 118,753 (5521)
Malaysia 9038 (125)

• 59,611 infections
• 1203 deaths

* 49 deaths
* 950 infections
* 4537 cases per 1m pop
* 683 deaths per 1m pop
* 17•6m total tests
* 258k tests per 1m pop

Most infections/cases
USA 5•03m
Braz 2•92m
India 2•02m
Africa 1•00m

Summary
Total cases 19,257,649
New cases 10,890
Total deaths 717,687
New deaths 936
Recovered 12•4m (64%)

The aid package is uppermost on investors minds there are still considerable differences between the two sides.
Squawk St Cramer rails against the Govt saying there will be a sell off if no agreement is signed but Pelosi Senate Maj Leader believes a deal is at hand.
Bernie Sanders remember him? His idea of a one'time wealth tax of 60% of earnings made during the pandemic by the richest 460 Americans went down like a led balloon. Musk was reported to have said "who he?"

The Dow initially 50 down hovered above and below the gain/loss line in early dealings. The 30 & 500 had posted 4 straight days of gains the techs headed towards the 32nd record high this year. Late on the Dows 50DMA crossed the 200DMA forming a 'Golden Cross' dont ask but to 'squiggly line' watchers is a bullish sign.
Big Mac, Apple, Cisco and Disney boosted by Broker comment topped the leaderboard, Boeing, Dow inc, J&J & Merck yesterdays winners in the dog house today, Boeing ($172) plumb last.

Companies reporting Q nos saw *Penn National a gaming conglomerate spin 14% higher on earnings beats the stock up some 70% ytd one of the better leisure counters. Offered at 14c in 1994 now trades at $44. * Western Digital (drives & storage) posted so'so Q4 nos but warned on earnings shares fell 14% (they were one of many instrumental in the demise of Disc Drive inventor Rodime) * Uber fell late on as bookings tanked 73% stock off 3% to $35 after hours. Airlines picked up momentum on relaxation of international flights (*American up 4%/$13) with Hotels in demand *MGM Grand up 10%, *Wynn Resorts 7% and *Marriott 4%. Cruises were mixed, *Carnival down 2%, *Norwegian & *Carribean up 4% and 3%.

Meanwhile equity mrkts were back on the bull tack
Techs roaring past 11,000 with *Apple (new record) up $15 ($456), *Amazing added $20 to ($3225) new record, *Fbk ($265) new record, *Flix ($509) new record & *Msoft ($216) yea another new high. Seven out of 11 sectors were ahead by close the Nsdq another record close.

Jobless claims came in under expectations & those on the register for 2 wks fell 844,000 to 16•1m.
Safe haven commodities were in demand Gold hit a record intraday high ($2089) and Silver $28 the highest since 2013. Oil and Gas were flat but longterm the mrkt is bullish on Gas (WTI $41.90).
At close:
DJ + 185 (27,387)
SP +21 (3349)
NS+110 (11,108)
R2 -2 (1545)
WTI $ 41.90
10y/tb 0•523%

Nos: Oil $45.13. Vix 23. Gold$2081. Palm $751.
$1.311. €1.108. IDR 14637.
MSCI(W) 565. FF -18. DF-90.
Morning all.

Cost of doing business if holding £20,000 of REA (33,333). With rates at 0.7%-1% you will receive c.£20. No doubt you could do better with a longterm savings acc but as it says you could be locked in for 5 years.
So let's be generous, you are getting £100 annually (5%) with no compo for holding REA, you are banking on your holding going up by just 0.333p which is almost a racing certainty if you buy now. If you bought higher up you have a lot of 100 squids to make up. The shrewdies among you will be holding the Prefs (£57.25) hoping to get the dividend + arrears this year, next year, sometime? Gluck.

Indonesia and S.Korea fail to follow the Nikkei into the red this morning.
New infections were seen in HK & Aichi province in Japan where Toyota Motor has a factory. Around 100 new cases were confirmed and the Governor has ordered businesses to close early and people to stay indoors through Aug 24.

Japan has had 41,129 cases & 1022 deaths (2.5%) to date a 1/12,330 chance of dying. If I go to Japan I'll have a 9x better chance of surviving, now are Japan Airlines flying to Tokyo?
At 2.00pm JST
TK -109
HK -375
SH -19
SHZ -26
SK +26
JSX +44
ASX200 +17

Palm oil imports by India probably surged 46% (823,000t) in July as lockdowns are eased according to a local analyst. Reserves in Malaysia fell to a 3yr low. Imports of other edible oils.
Soybean 484,000t
Sunflower 199,000

Covid-19
04:00
GMT
Total cases 18,975,254
China 84,528 +37
Total deaths 711,220
China 4634

Countries 213
(Selected)
USA 4,973,568 (161,601)•
UK 307,184 (46,364)*
Indonesia 116,871 (5452)
Malaysia 9023 (125)

• 55,148 infections
• 1311 deaths
• 1/2050 deaths

* 891 infections
* 65 deaths
* 1/1466 deaths
* 4523 cases per 1m pop
* 683 deaths per 1m pop
* 17•2m total tests
* 254k tests per 1m pop

Summary
Total cases 18,975,254
New cases 9775
Total deaths 711,220
New deaths 993
Recovered 12•2m (64%)

Stock futures called the Dow 190 better as a rally in Disney raised investor morale despite news that Private Payrolls added 167,000 jobs in July well below the 1m+ forecast. The official Labour Dept jobs report is out on Friday. The US Services Sector rebounded faster than anticipated in July rising to 58, a number above neutral (50) indicates expansion.

At the bell the 30 jumped 197 led by Disney, Cat, Dow inc & Boeing. News from J&J who landed a deal with the Govt to manufacture and deliver 100m doses of the co's vaccine sent its stock up $1($148). The US Biomedical Advanced R&D Authority is committing $1bn to the agreement. On other corona-v news Moderna CEO said that smaller vols agreements for its vaccine have been priced in the $32-$37 a dose range. Moderna revs of $66m were double consensus estimates and was on track to complete phase 3 trials in Sept. Shares down $4 to $75. It's been est that for the world to be vaccinated will take at least 3 years assuming FDA approval.

Disney extended yesterday gains on mixed 3Q nos, adding $11 ($129) as Disney+ signed up more customers to its streaming services (60m). Disney accounted for c.70 points to the Dow. Airlines were stranded and Cruises returned to Dry Dock with no interest shown by investors. The return of passengers may not be the elixir the Airline industry needs, less routes, less planes, less global travel and more expenses will surely see some casualties. Late news of another $25bn airline support sent the carriers surging back up (American 9%). New IPO Big Commerce shot up 200% at one point topping $90 from an issue price of $24, happy days for those 'cashing out'.

As Londons ftse closed 69 ahead the Dow had powered up another 140 to (27163) leaving the techs in the dust, big counters like Apple & Msoft were lower, Amazon added $40, Flix off $6, Google up $9 and Fbk gained a $ to $251, overall the Nsdq Comp was up 26 at mid'day and by close 57 better at 10,998 after 11002 ( ytd up 23%).
Jim Cramer of 'Squawk' Box said "stupid investors just keep driving this stupid bullish mrkt higher, surely the dumbest action of the year was BP who told investors business was terrible, & the dividend a mistake." Shares up in London, go figure!
At close:
DJ +373 (27,202)
SP +21 (3328)
NS +57 (10,998)
R2 +29 (1546)
WTI $42.19
10y/tb 0•535
Vix 23.76

Nos Oil $45.11. Vix 22.7.
Gold $2056. Palm $741.
MSCI(W) 564. $1.312. €1.106.
IDR 14585. FF -45. DF +2.
Morning all.

Covid-19
05:00
GMT

Total cases 18,702,737
China 84,491 +27
Total deaths 704,365
China 4634

Countries 213
(Selected)
USA 4,918,420 (160,290)•
UK 306,293 (46,299)*
Indonesia 115,056 (5388)
Malaysia 9002 (125)

• 56,246 infections
• 1361 deaths

* 89 deaths
* 670 infections
* 4510 cases per 1m pop
* 682 deaths per 1m pop
* 17m total tests
* 249k tests per 1m pop

Summary
Total cases 18,702,737
New cases 10,361
Total deaths 704,365
New deaths 984
Recovered 12m (67%)