Member Info for JohnLewis79

Nyse data

Issues 2827

Advances 1695

Declines 1049

U/c 83

NH 58

NL 39

T/vol(tn) 1•1

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

DJ +285 (41,114)

SP +24 (5631)

NS +77 (19,868)

R2 +1 (1242)

WTI $59

10ytb 4•292%

----------

MSCI(W) +10 (3698)

Gold Bugs -6 (398)

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

Latest :- Vix 24. Brent $62.

Gold $3374. Copper $4•672.

Palm $868. Silver $33•005.

$1•335. €1•178.

FF +67. DF +244.

The Fed as expected kept rates unchanged for the 3rd straight month despite optimism surrounding the upcoming trade talks with China to take place in Switzerland over May 9-12. In contrast Brazil (11th bigest global economy by GDP) the Central Bank raised rates by 50bp to 14•75% their higest in 20 years.

Stimulus measures in China to boost consumption pleased investors despite Powell warning mrkts that tariffs could send unemployment and inflation higher, further clouding the economic outlook. Yet the hiring nos are strong (200,000) added last month more than enough to keep the unemployment rate in the Feds preferred 2-4% band. Main St expects Powell to make a 25 bp cut in July.

Stocks had a late rally as chipmakers (Nvidia & AMD) jumped after Trump said he plans to recind Ai chips curbs made by the Biden administration. The Dow gained 285 with 24 of 30 stocks ending higher. Apple ($196) propped up the decliners with Verizon & UH. A 10% rise in Disney ($102) which topped forecasts helped the Dow higher while a 7% drop on Google ($153) weighed on the Nsdq.

Volumes on US exchanges were markedly lower than the 20 day average of 17•5bn. The Dow and S&P remain well below 52wk highs of (45,074) & (6147) and traders continue to take profits in gold which remains 28% up ytd.

Morning all.

FTSE All Share Index Ranking as at Friday 2 May 2025.

1. AZN £167bn

2. HSBC £152bn

3. Shell £149bn

4. ULVR £118bn

5. BHP £93bn

100. Hiscox £3•8bn

200. Pantheon £1•3bn

475. MSi £164m

588. TPXimpact £20•1m

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

The major averages ended the day in negative territory.

It was confirmed that the Chinese Central Bank would cut its key policy rate by 10 basis points and lower the reserve requirement ratio by 50 basis to boost growth.

Also confirmation that US and Chinese officials will start formal trade talks this week had little aimpact on mrkts.

The Feds Latest monetary policy announcement is due later today. CME Groups FedWatch Tool is indicating a 96•8% chance of rates remaining unchanged. On the Dow only 8 stocks rose on the session led by Verizon, MCD & Salesforce.

Heading the laggards UH, Amgen and Merck. Falls on the majors snapped a 9 day winning streak of 3147 points on the Dow. It was the 5th time stocks had risen for 9 consecutive days. The record is 12.

However the big news was Media stocks getting hammered after Trump threatened a 100% tarrif on films made abroad. Stocks in Netflix, Amazon, Warner & Paramount all dropped along with cinema operators. Many of the big studios had moved their operations overseas to reduce production costs.

Finally news that legendary investor Warren Buffet is stepping down as CEO saw Berkshire Hathaway stock fall over 5% to close at $768,000 a pop. He will remain as Chairman and the world's fifth richest person.

Nyse data

Issues 2829

Advances 1143

Declines 1616

U/c 70

NH 34

NL 46

T/vo(tn) 1•1

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

DJ -390 (40,829)

SP -43 (5607)

NS -177 (19,791)

R2 -7 (1240)

WTI $60

10ytb 4•314%

----------

MSCI(W) -20 (3687)

Gold Bugs +16 (404)

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

Latest :- Vix 25. Brent $63.

Gold $3376. Copper $4•713.

Palm $896. Silver $33•175.

$1•335. €1•176.

FF -9. DF +202.

Morning all.

UK mrkts closed.

Nyse data

Issues 2828

Advances 915

Declines 1847

U/c 66

NH 55

NL 29

T/vol(tn) 1•00

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

DJ -99 (41,219)

SP -36 (5650)

NS -135 (19,968)

R2 -10 (1248)

WTI $58

10ytb 4•349%

----------

MSCI(W) 3707

Gold Bugs +12 (388)

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

Latest :- Vix 24. Brent $61.

Gold $3358. Copper $4•735.

Palm $919. Silver $33•320.

$1•329. €1•175.

FF -9. DF -87.

Morning all.

Nyse data

Issues 2815

Advances 2253

Declines 493

U/c 69

NH 58

NL 24

T/vol(tn) 1•07

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

DJ +564 (41,317)

SP +83 (5687)

NS +316 (20,103)

WTI $58

10 Y/ytb 4•314%

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

MSCI(W) +61 (3725)

Gold Bugs -2 (377)

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

Close :- Vix 23. Brent $61.

Gold $3240. Copper $4•697.

Palm $920. Silver $32•180.

$1•327. €1•174.

Yen 144. Yuan $7•27.

FF +31. DF +28.

Morning all.

Sp 990-1030

1/24 910

H 1136

L 770

7/88 113

--------

Ytd

MSi +9%

100 +5%

250 -2%

All -3%

Aim +3%

Vix +31%

---

Gold +23%

Oil -18%

Palm -17%

----

Nyse data

Issues 2828

Advances 1522

Declines 1227

U/c 79

NH 27

NL 26

T/vol(tn) 1•1

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

DJ +84 (40,753)

SP +35 (5604)

NS +216 (19,787)

R2 +8 (1230)

WTI $60

10ytb 4•235%

----------

MSCI(W) +8 (3664)

Gold Bugs -14 (379)

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

Latest :- Vix 25. Brent $63.

Gold $3255. Copper $4•672.

Palm $921. Silver $32•855.

$1•329. €1•177.

FF +53. DF +296.

Morning all.

I will continue to do the MSi mrkt update daily but not the nos of shares traded as no'one knows what the exact nos are so pointless in noting them. For your info only.

Nyse data

Issues 2827

Advances 1223

Declines 1537

U/c 67

NH 31

Nl 29

T/vol(tn) 1•5

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

DJ +142 (40,669)

SP +8 (5569)

NS +26 (19,571)

R2 -8 (1222)

WTI $58

10ytb 4•188%

----------

MSCI(W) +8 (3653)

Gold Bugs +6 (393)

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

Latest :- Vix 25. Brent $61.

Gold $3248. Copper $4•618.

Palm $920. Silver $32•550.

$1•331. €1•177.

FF +60. DF +266.

US stocks rose overnight as Commerce Sec Lutnick said the Trump administration has sealed its first trade deal. He declined to name the country adding their PM & parliament will give their approval shortly. He also said the US is very close to a trade deal with Japan and has 'outline' agreements with S.Korea.

Investors shrugged off downbeat economic reports that showed the US economy had gone into reverse in Q1 as GDP came in at minus 0•3% instead of an expected +2/+3% growth as recently as mid Jan. Earlier Trump said "this is Joe Biidens fault placing the blame squarely on his predecessor, we have to get rid of Biden's overhang."

The Dow tanked over 700 soon after opening with above average falls among Ai stocks. Super Micro & Nvidia were singled out with the former tumbling 18% posting the bigest loss on the 500 as customers delayed ordering and Starbucks sank 8% missing sales and profit forecasts for Q2.

By mid'day the market had recovered most of the early losses, the S&P ticking up 8 for the 6th straight day. On the Dow 22 of the top 30 rose led by Verizon, MCD & Walmart. GE Healthcare rose 3% one of Wednesdays stronger gains. Heading down Amazon, Nike & Chevron.

Crude oil prices slipped on weak demand outlook. WT crude for June delivery nosedived 18%. Gold has been slipping as global trade conditions show signs of improvement. This leads investors to move out of safe haven assets into riskier classes.

Morning all.

Afternoon Roger. Tbh I was tipped Jet2 a few years back when it traded in the low 700's. In those days I was fixated on accumulating as much MSi as my bank balance would allow. However kept a note and got back in recently around the low 1300's so more than happy with how things have turned out.

I rate the management and think it's only a matter of time before they get a ftse 100 quote where more tracker funds will be keen to invest. A solid hold at the current low sp and pays a dividend.

Nyse data

Issues 2822

Advances 1792

Declines 942

U/c 88

NH 28

NL 16

T/vol(tn) 1•0

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

DJ +300 (40,528)

SP +32 (5561)

NS +118 (19,545)

R2 +7 (1230)

WTI $60

10ytb 4•172%

----------

MSCI(W) +19 (3647)

Gold Bugs -6 (386)

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

Latest :- Vix 24. Brent $63.

Gold $3302. Copper $4•825.

Palm $929. Silver $33•060.

$1•339. €1•177.

FF -2. DF -75.

Trump told a meeting of the faithful his Presidency is the most successful in US history and " you ain't seen nothing yet." His poll ratings do not confirm his bullish assertions at just 44% approving. A Washington Post poll reported a disapproval rating of 55% which is the lowest ratings for a President in the last 80 years. In true Trump fashion he railed against the pollsters claiming them 'negative criminals' 'who suffer from Trump derangement syndrome'.

Wall St ignored his protestations and rose for the 6th straight session. On the Dow just 5 stocks posted Declines led by Boeing, MCD & UH. Mixed trading for some influential tech stocks ahead of earnings nos pulled the S&P back and forth between modest losses and gains.

Outside of big tech execs from Cat, Exxon & McDonalds will offer clues this week about how ther'e seeing economic conditions play out. A few have pulled their forecasts entirely due to Tariff uncertainties.

So far the US economy is still growing though at a slower pace. The latest jobs forecast see hirings slump to 125,000 from 228,000 in March as employers become more pessimistic about the future. On the trade front the Trump administration seems to have made little headway in finding a way forward with Beijing.

Morning all.

WB has said many times "cash is always a bad investment" However i think the board are being prudent in holding a chunk of cash for a rainy day as long as it's used to enhance earnings. Suspect it won't happen anytime soon.

Nothing damaging on the year end RNS update. A £125m buyback starting to day and f/y profits as forecast should underpin the shares. Reducing the huge cash pile is a plus.....

The Dow bounced off a mid'day low of 39,869 when US Treasury Secretary Scott Bessent said an agreement in principle on 17-18 trade deals could be reached. Bessent acknowledged China showed a willingness to de-escalate tensions by exempting certain US goods from tariffs.

Traders seemed reluctant to make moves as they look forward to the release of key earnings and economic news which includes the US April monthly jobs report the PCE & ISM purchasing managers index an advance take on US GDP. The Dow ended the session up 114 with 21 posting gains led by Boeing, IBM & Verizon.

Propping up the laggards Amazon, Nvidia and Salesforce. Tech sector weakness prompted selling among the 'Mag 7' ahead of Q1 nos from Msoft, Apple, Meta and Amazon due this week. Gold is being hammered down from $3480 as recently as last Monday as trade tensions ease undermining 'safe haven' gold.

Nyse data

Issues 2831

Advances 1729

Declines 1023

U/c 79

NH 26

NL 14

T/vol(bn) 0•98

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

DJ +114 (40,228)

SP +4 (5529)

NS -5 (19,427)

R2 +4 (1223)

WTI $62

10ytb 4•211%

----------

MSCI(W) +10 (3628)

Gold Bugs +3 (392)

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

Latest :- Vix 25. Brent $64.

Gold $3310. Copper $4•882.

Palm $934. Silver $32•965.

$1•341. €1•177.

FF +16. DF +48.

Morning all.

If I understood the business I might be interested but tbh I haven't a clue what the company does. I could be buying a pig in a poke or the crown jewels!!

Yea it's a fine line keeping income seekers happy and those only bothered about capital appreciation which no sooner than I open my big mouth up she goes. I was never that bothered about divs until I started receiving some!! Anyways happy with the slow and steady progress to date.

Big jump on trade volumes and deals this morning, news coming up soon?

Asian mrkts are trading mostly higher at the start of wk 18 due to easing global tensions and positive on going talks in Ukraine and China. There are also hopes for additional stimulus measures in China aimed at off'setting the impact of US tariffs. The central Govt promised further support for domestic businesses which rec'd a muted response from investors.

In Sydney the ASX200 is trading significantly higher well above the 8000 mark as investors buy into miners, oils and Banks. The 200 hit 8051 in early dealings where bigest gainer on the day went to Ainsworth jumping 32% after main shareholder Novomatic said it would acquire all outstanding shares in the gaming machine manufacturer for $336•8m.

In Tokyo the Nikkei 225 opened brightly for the 3rd straight session posting a 370 point gain early on, led up by motors and financials but soon ran into profit taking particularly among tech counters. By mid'day the market had clipped 150 off early risers. Near the close the mrkt settled near 150 better.

Other Pan Pacific mrkts are trading mixed to slightly better. The smaller Pacifica mrkts tend to track the Nikkei's and Shcomp leads for direction.

Latest :- Vix 25. Brent $66.

Gold $3291. Copper $4•806.

Palm $946. Silver $32•760.

$1•330. €1•171. 10ytb 4•25%

FF -2. DF -192.

Morning all.

Yea I agree the dividend yield of c.2% is stingy which usually i'd accept if the shares appreciated to take account but this hasn't been the case and I can't see that changing anytime soon. I'm sure they could use the cash on deposit (195 pps) to better reward shareholders.

Not sure what Load Lee meant by very strong liquidity? If he meant there's plenty of stock available I'd disagree. With such a small free float (7m) when and if the hordes arrive you will struggle to buy any!

At the moment the free float is just being churned by day traders and loose holders which has little impact on the sp. I can't remember a time when the weeks volume topped 200,000 in fact since I've been holding probably never. There have been a few c.(125,000-160,000) vol days but even those are a rarity.

If this is about to change then volumes could sky rocket as well as the sp.