Member Info for JohnLewis79

Asia (Wk 16) close inc Good Friday.

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TK +352 (34,730)

HK closed (21395)

SH -4 (3277) SHZ +1 (1881)

SK +13 (2483)

TAIX +56 (19,395)

ASX closed (7819)

Ytd

(1-16)

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ASX -4%

HK +7%

JK -9%

KL -9%

SH -2%

SHZ -4%

SP -2%

TAIX -16%

TOKY -13%

--------

100 +1%

AS u/c

250 -7%

AIM -7%

------

Cpr +18%

Gold +26%

Oil -9%

Palm -13%

Silv +11%

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Morning Roger. Really thought by now we would have heard news on the plans for MSi. Obviously something big is going on in the background to cause the delay. As you say selling some of the familie's silver might be the stumbling block.

Pity were not dealing with Warren Buffet he'd have given an answer in 5 minutes! But then there is only one Warren Buffet!

UK mrkts are closed today & Bank Holiday Monday. Wall St is closed today but reopens on Monday. HK & Sydney are also closed today and Monday. Other mrkts trade as usual.

Nyse data

Issues 2823

Advances 2105

Declines 653

U/c 65

NH 14

NL 40

T/vol(tn) 1•2

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

DJ -527 (39,142)

SP +7 (5283)

NS u/c (18,258)

R2 +12 (1175)

WTI $64

10ytb 4•330%

----------

MSCI(W) +6 (3474)

Gold Bugs -7 (400)

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

Latest :- Vix 30. Brent $68.

Gold $3327. Copper $4•075.

Palm 950. Silver $32•545.

$1•327. $1•168.

FF -2. DF +86.

-----------

MSI data.

Wks (1-16)

Buys 607,823

Sells 530,361

T/v 1,138,184

Trds 1,904

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Morning all.

On Wall mrkts moved sharply lower early in the session after comments from Powell on the slowing economy led investors to cut and run. Powell said he expects Trump tariffs to generate higher inflation and slower growth. The major averages all posted steep losses with the NSDQ under particularly heavy selling pressure.

Towards the end of the day short closing and bottom fishing lifted the mrkt but the indexes remained firmly in the red. Investors are ruing the day they voted for the "Meddlesome Monk." who singlehandedly is responsible for the current mess.

On the big board only 5/30 stocks posted gains led by, Boeing, Chevron and Travellers. Leading the losers Msoft, Nvidia & Amgen. Apple the most valuable global company fell $6 to $195 down 20% this year. On the large cap index 220 of the S&P 500 stocks are down at least 10% and 82 down 20%. Overall the 500 is down 10% ytd.

Historically the day before Good Friday is a positive one for investors with the 500 gaining 0•38% on average since 1980, the Dow up 0•30% and the Nsdq 0•46%. However past performance is no given in a tariff world and no-one is placing bets this will continue.

Nyse data

Issues 2830

Advances 1023

Declines 1747

U/c 60

NH 25

NL 63

T/vol(tn) 1•1

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

DJ -700 (39,669)

SP -121 (5276)

NS -573 (18,258)

R2 -13 (1163)

WTI $63

10ytb 4•314%

----------

MSCI(W) -54 (3468)

Gold Bugs +9 (407)

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

Latest :- Vix 33. Brent $66.

Gold $3333. Copper $4•664

Palm $951. Silver $32•550.

$1•321. €1•163.

FF -25. DF +330.

Morning all.

Nyse data

issues 2824

Advances 1507

Declines 1249

U/c 68

NH 26

NL 30

T/vol(tn) 1•0

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

DJ -155 (40,369)

SP -9 (5397)

NS +34 (18,830)

R2 -2 (1175)

WTI $61

10ytb 4•332%

----------

MSCI(W) +9 (3523)

Gold Bugs +3 (397)

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

Latest :- Vix 30. Brent $65.

Gold $3288. Copper $4•570.

Palm $978. Silver $32•410.

$1•326. €1•169.

FF -66. DF -310.

Morning all.

Disappointing nos from Bill this morning, revs and profits well down in challenging mrkt conditions. Some of the pain is eased by an increased dividend to 25p though forecasts for 2025/6 will almost certainly be lower and there must be concerns the dividend could be scaled back.

Investors have definitely been wrong footed!...from trading update RNS dated 11 Dec'24.....

"cont strong delivery in H2 now results in group profits before tax expected to be ahead of current mrkt expectations"......

No surprise the shares are getting hammered!

The Dow surged to 40,778 soon after opening then ran into profits takers sending stocks down to 40,159 before resuming their upward trend. By 2:00 pm stocks had regained much of their early morning losses with 25/30 top 30 stocks in the plus column led by Apple after Trump exempted smart phones and computers from new tariffs. In the red Merck, Amazon & UH. Also reporting this week are nos from Netflix, UH group, BOA, Citigroup and chip maker TSMC.

Motors spiked up when Trump said he was considering giving them some tariff breaks to enable them to adjust to the 25% import imposition. Ford & GM rose c.3-4% while Stellantis (Chrysler) was flat despite a downgrade by UBS. Tesla fell to $246 in early dealings but may dodge some of the tarrifs as much of their products are made in America and is about to launch a new model in Q2. Wall St has urged Musk to return to running Tesla and stop doing Trump's bidding.

Retail sales data for March will be out on Wed having increased in 7 of the past 10 months. Citigroup downgraded US equities to 'neutral' from 'overweight' on worries Trump's tariffs will hit company earnings. Wall St will be closed on Good Friday. By the close the Dow was up 312 but off days 40,778 high on 18•4 bn traded.

Nyse data

Issues 2838

Advances 2231

Declines 568

U/c 39

NH 29

NL 38

T/vol(tn) 1•2

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

DJ +312 (40,525)

SP +43 (5406)

NS +106 (18,796)

R2 +13 (1178)

WTI $62

10ytb 4•348%

----------

MSCI(W) +43 (3514)

Gold Bugs +4 (395)

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

Latest :- Vix 31. Brent $65.

Gold $3226. Copper $4•653.

Palm $986. Silver $32•320.

$1•321. €1•163.

FF +10. DF -61.

Morning all.

News frome White House Press Secretary Karoline Leavitt that Trump is 'optimistic ' about reaching a trade deal with China has boosted market sentiment in Asia this morning. Two senior White House officials told CNN that the US will not reach out first and Xi Jinping must request a call with Trump to start negotiations.

Meanwhile the EU has announced that it is suspending it's planned countermeasures to Trump's 90 day tariffs as Trump relaxed some of his harsher measures on tech with a more conciliatory approach.

Stocks mrkts abroad have reacted positively to the news as shares in Japan surged over 900 points with gains across all sectors at the mid session break. Techs, financials, banks & exporters are all being bought by investors seeking bargains after the falls on Friday.

In Sydney the ASX200 has gained 115 points in late afternoon as investors seek out bargains and oversold counters. Of note shares in DroneShield jumped 15% on winning a package of 5 separate contracts worth $32m and shares in Neuren Pharma soared more than 16% after receiving the green light from the US FDA on its phase 3 trial for PMS syndrome.

Pan Pacifica mrkts are all better on the more positive outlook on the trade/tariff situation with above average gains in Jakarta, Malaysia & Singapore.

Latest :- Vix 38. Brent $65.

Gold $3228. Copper $4•532.

Palm $1008. Silver $31•890.

$1•311. €1•153. 10ytb 4•46%

FF +155. DF +220.

Morning all.

MSi

---

T/vol

Wks 1-15

--------

Buys 588,753

Sells 516,568

Tot 1,105,321

Trds 1853

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It was a quiet week for MSi shares as investors sat on their hands deeming mrkts were too volatile to enter. Trades & vols were slightly down on last week the shares ending little changed at 880/920. The very first steps to designing a board for the future have taken place, all that remains is news of the strategic update due shortly.

Sp 880-920

1/24 910

H 1136

L 770

7/88 113

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Trds 141

T/vol 57,000

Buys 32,000

Sells 25,000

Av 404

-----------

Ytd

MSi -3%

100 -3%

250 -10%

All -4%

Aim -10%

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Gold +23%

Oil -14%

Palm u/c

China reacted as expected and raised tariffs on US imports to 125%. Given these are unworkable and mostly economically meaningless for businesses it makes you wonder what's the point? Businesses will just cancel all deals, trade flows will cease and the world could be tipped into recession.

Sooner or later XI Jinping and Trump will have to get round a table and come to a sensible arrangement whereby they can both claim to be winners. Who goes where might be a problem but I think Trump will swallow his pride and go to Peking to sign a trade deal.

In the meantime China has urged the EU to meet with them to discuss the global trade situation as they fully intend to continue to ''fight the good fight" as their national identity is on the line. China will not kowtow to what they believe is unilateral bullying by the US and have urged Europe to become less dependent of the America.

After the falls yesterday the indexes continue to cast a long shadow over the mrkts. The DJI is called 80 points better at their 2:30 open. Here in the UK the All Share ended the day up 128 (4280) with the 100 up 51 at (7964). Our major indices are all down on the year, as are all major global mrkts.

The Dow opened strongly climbing 220 in the first hour but at mid'day had slipped back 251. Meanwhile among banks reporting Q1 nos JPMC ($234) added 2% while Wells Fargo ($61) and Morgan Stanley ($106) fell on disappointing nos. Mega caps & growth stocks were mixed with Meta ($538) down 2% and Visa up 3%. Nvidia ($111) & Apple ($198) helped 26 of the 30 to post gains on the day. Disney, Salesforce, Nike & Travellers propped up the laggards.

By the close the Dow had surged well over the gain line as bottom fishing lifted stocks and sentiment was bouyed by hopes Trump the deal maker will rethink his tariff strategy and get talking to Jinping. Over the week the 4 major indexes made solid advances (as below) but remain down on the year.

DJ +1898

SP +289

NS +1292

R2 +9

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Nyse data

Issues 2832

Advances 1976

Declines 816

U/c 40

NH 19

NL 230

T/vol(tn) 1•2

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

MSCI(W) +49 (3471)

Gold Bugs +23 (390)

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

Close :- Vix 38. Brent $65.

Gold $3236. Copper $4•553.

Palm $1009. Silver $32•195.

Yen 144. Yuan 7•31

$1•309. €1•152.

FF +138. DF +46.

Morning all.

Hi Roger, nice turn. Im still holding having over imbibed i fell asleep so a spec gone wrong. I take it you haven't heard from MSi re the strategic priorities? Very quiet this morning not a single trade.

On Wall stocks showed a strong move to the downside during trading yesterday following an historic rally over Wednesday's session. The 4 major indexes all posted steep losses but remained well off recent lows.

Ongoing concerns about rising global trade fears between the US & China sent investors into safer haven assets and cash. What Trump is planning between now and the 90 day cooling period also weighs on mrkts.

The Dow came off lows during the afternoon and by the close of play had pulled back c.600 points. Of the top 30 only 6 posted gains led by UH, Coca Cola & Walmart. Heading south Nike, Chevron & Walt Disney.

Gold was a bright spot as prices pushed up over $3200 and some 35% up on an yearly basis, edging towards the 52 wk high of $3241. Central Banks have been accumulating gold at record rates while US reserves are at their lowest levels in years.

Nyse data

Issues 2830

Advances 298

Declines 2516

U/c 16

NH 12

NL 124

T/vol(tn) 1•5

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

DJ -1015 (39,594)

SP -189 (5268)

NS -801 (18,344)

R2 -54 (1150)

WTI $60

10ytb 4•454%

-----------

MSCI(W) -43 (3422)

Gold Bugs +17 (368)

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

Latest :- Vix 41. Brent $63.

Gold $3209. Copper $4•358.

Palm $997. Silver $31•255.

$1•302. €1•150.

FF +70. DF +200.

Morning all.

Opens 733 down, no surprise there as dealers clip what profits are left!! Another day on the sidelines for me.......

True to form just after mid'day stocks on US exchanges surged higher when Trump announced a 90 day pause on higher tariffs for dozens of countries (not including China whose tariffs he upped to 125%). Effectively isolating China who now see one time cohorts deserting to the US.

Stocks on the Dow jumped over 2000 points and continued to rise as investors piled back in convinced Trump had pulled off a minor miracle. Blue chips propelled the mrkt higher as Apple & Nvidia soared more than 11% & 13 % respectively. Walmart rallied 10% and Tesla shot up nearly 20%. The S&P had its 3rd best day since 1940 gaining 474 while the Dow soared 2963 and the Nsdq added 2055 points.

Airlines and travel enjoyed big turn arounds removing huge overhangs from the market. Delta ($44) stood out with a 23% gain having pulled forecasts for 2025 due to trade war concerns impacting travel bookings. Boeing ($160) rocketed up 20% on a backlog of over 4300 orders illustrating strong demand momentum and tarrif reprieve. Other oversold stocks enjoyed their day in the sun as the 'Mag 7' recouped much of last weeks losses.

The USA is making more than $2bn a day in extra revenues according to Trump. A fact no other President could have accomplished according to his holiness. Some say he 'bowed' to pressure from his Wall St backers to loosen tariff strings...........Whatever he was in buoyant mood conducting another gathering of the faithful. "We will negotiate in good faith and expect our allies will too" said a beaming El Presidente!

Nyse data

Issues 2844

Advances 2658

Declines 171

U/c 15

NH 8

NL 752

Tot/vol(tn) 2•1

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

DJ +2693 (40,608)

SP +474 (5457)

NS +2055 (19,145)

R2 +98 (1204)

WTI $62

10ytb 4•281%

----------

MSCI(W) +211 (3465)

Gold Bugs +27 (351

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

Latest :- Vix 34. Brent $65.

Gold $3126. Copper $4•421.

Palm $983. Silver $31.115.

$1•284. €1•169.

FF +400. DF -112.

Morning all.

Last 5 days the Dow has fallen 3360 points give or take.....i dunno I'm tempted to buy but can I pick up stocks lower down? I know buying into a losing position is a no-no but there are exceptions aren't there?

Hell BP (333) off 90 last 5 days and knocking 3 year lows seems a gift horse to me. But you know what they say about gift horses....stay away unless the nag has had a word in your ear. This nag told me.... buy, dont listen to the doom mongers the dividend is safe and yields 7%. What more do you want?

On balance i see more positives and if Trump seals a deal with China mrkts will explode. I'm going to take a small 500 share position in hopes Trump and XI Jinping get together to sort this mess out.

Afternoon all.

I think its futile in trying to plan investments with Trump in charge. He's so unpredictable even Wall can't fathom him out. So when in doubt do nowt!

I'm definitely in that camp. Ive no idea where stocks are headed on the day, week or month other than likely down or until Trump comes to his senses. While many applaud his America first policy by boosting the countrys finances its the roughshod, take it or leave it way that rankles among countries having to go cap in hand to the headmaster.

Wall might rein him in as it looks like Trump has the measure of Fed Chair Powell which leaves China and will they play ball with him?

Cont...

$1•284. €1•161

FF -252. DF -805

Morning all.

As of one minute past midnight tonight EST (5:00am UK time) the US will be imposing a 104% increase in tariffs on the People's Republic of China. This in response to China's 54% tarrif increases on all US exports into the Chinese mainland. As of 20:00 UK time this evening China was still insisting they would fight to the end on a war that benefits no'one.

Trump in a televised talk to the American people reiterated the time for taking advantage of US 'good will' is over and done with. To date some 70 countries have decided to call Trump and make arrangements with the US Govt to discuss tariff deals. Japan and S.Korea are first in the queue.

Britain which ran a trade surplus of £71bn in Q3 2024 with America will be pressing Trump to reconsider his 10% tariffs on this country as unwarranted and inappropriate. Starmer is reported to be on the phone regularly pressing our case especially regarding luxury motors.

Global stock markets are recovering some of their recent heavy losses on hopes that some of Americas trading partners can strike deals to avoid Trump tariffs. US Treasury Secretary Scott Bessent told CNBC that other countries appear to be more willing to negotiate than China. Trump told US media sources that China wants to make a deal adding "we are waiting for their call"

Stocks opened on a bright note with RR & IAG to the fore but at mid morning ran into concerted selling by jittery traders slumping over 1000 points on news from the White House that huge new tariffs would be imposed on China and US consumers will face cost of living increases on many everyday items or a 'bit more pain' according to Trump.

The afternoon saw traders taking profits as stocks lost ground. News that Japan were sending a team to Washington to negotiate a trade deal pleased the market though too late to stop the falls. Worries that higher borrowing rates could act as another pressure point and increase the likelihood of defaults should the economy take a downturn hit bank stocks. In the last month US bank stocks are down 12%.

The p/e ratio of the 500 closed below 17 on Monday, historically cheap giving investors a chance to scoop up bargains. Ten of the top thirty were up led by UH, Boeing & JPMC. Heading down Merck, Apple & Nike. Shares of Apple & Nike were a 68 point drag on the Dow.

At the close the Dow which had been falling since 10:00 am hit a low 37,104 before ticking up in the last 30 minutes ending down 320 on the day and 12% on the year so far, slightly better than the 500 off 15%.

Nyse data

Issues 2839

Advances 708

Declines 2094

U/c 37

NH 1

NL 587

T/vol(tn) 1•6

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

DJ -320 (37,646)

SP -79 (4983)

NS -340 (17,090)

R2 -34 (1106)

WTI $57

10ytb 4•464%

-----------

MSCI(W) -13 (3254)

Gold Bugs -1 (324)

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

Latest :- Vix 52. Brent $60.

Gold $3012. Copper $4•114.

Palm $1008. Silver $29

Afternoon Roger. I stayed put deciding whatever I did would turn out wrong! Doing nothing turned out well for a change though it's likely only a short term sticking plaster. Should Trump carry out his threats against China we will be in a whole new world of pain and uncertainty.

Perhaps the best course of action would be to cash in awaiting developments on the China /Trump impasse. However you risk being out of the market when the board announce their review and no'one wants to be caught flat footed should MSi stock take off.....and your twiddling your thumbs.