Member Info for JohnLewis79

Wall called 1000+ up at open so ways to go to recoup losses. Won't happen this session awaiting China's response to Trump's last "take it or leave it" threat.

Of course it's late evening in Beijing so I doubt any news will be forthcoming until tomorrow though I'm sure advisors will be burning the midnight oil in last ditch efforts to get a holding statement ready for the world's media.

Good start to a potential bounce back after recent falls. The Dow traded at 42,587 & the S&P at 5777 in late March so much ground to make up.

Noone is saying all's well now given Trump is still facing off China and tarrifs will take a toll on economies. So expect more volatility and the odd shock to the indexes. Whether we ever get back to the "steady as she goes skipper" I don't know but it looks unlikely.

Good start to a potential bounce back after recent falls. The Dow traded at 42,587 & the S&P at 5777 in late March so much ground to make up.

Noone is saying all's well now given Trump is still facing off China and tarrifs will take a toll on economies. So expect more volatility and the odd shock to the indexes. Whether we ever get back to the "steady as she goes skipper" I don't know but it looks unlikely.

Good start to a potential bounce back after recent falls. The Dow traded at 42,587 & the S&P at 5777 in late March so much ground to make up.

Noone is saying all's well now given Trump is still facing off China and tarrifs will take a toll on economies. So expect more volatility and the odd shock to the indexes. Whether we ever get back to the "steady as she goes skipper" I don't know but it looks unlikely.

On the 6th December the Chairman said he would update shareholders on the future strategic priorities for MSi which is nearly complete.

That was 4 months ago. He must have a lot to tell us about! I'd imagine the board are waiting for an opportune moment. How about now?

" a mistake upon a mistake" said a Chinese Govt official on hearing of Trumps latest threat on tariffs.

Trump said if China does not withdraw its 34% increase above their already long term trading abuses by tomorrow April 8th, the US will impose additional taxes on China of 50% effective April 9th.

Unless cooler heads enter the talks it looks as though an all out trade war is in the making. China insist they will never back down in the face of American protectionist tactics which many fear could sink the global economy.

The US has said some 70 countries have already contacted them to begin negotiations on tariffs and in all likelihood the US and China will come to an arrangement as its plain to all the current situation will damage all parties irrevocably. No importer of goods could possibly stand increases of 100% in prices. Two way trade would seize up.

Will Trump blink first if stocks fall to below 33,000 given he frequently cited stock market strength as proof his policies were working? Many wonder how much tolerance Trump has for mrkt losses. Since his 'crowning' in January the Nsdq & the S&P are down 15% & 20%. While Main St is giving him breathing space investors on Wall St can tolerate losses to a limited extent.

On Wall stocks had a volatile day following the nosedive seen on the previous two sessions eventually closing down 349 with 8/30 closing better led by JPMC, Amazon & Nvidia. Leading the declines Apple, HD and Nike. The Nsdq managed a small gain of 33 after days low of 16542 some 5681 points off 52wk high.

In Asia this morning most mrkts are better on bargain hunting led by the Nikkei up nearly 1600 points. The only weak spot Taiwan down 777 points despite Taiwan's President pledging a 'golden age' of shared prosperity with the US.

Nyse data

Issues 2853

Advances 582

Declines 2444

U/c 27

NH 1

NL 1162

T/vol(tn) 2•0

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

DJ -349 (37,466)

SP -12 (5062)

NS +33 (17,431)

R2 -16 (1140)

WTI $62

10ytb 4•160%

----------

MSCI(W) -59 (3267)

Gold Bugs u/c (326)

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

Latest :- Vix 47. Brent $65.

Gold $3003. Copper $4•358.

Palm $1018. Silver $30•095.

$1•278. €1•165.

FF +175. DF +580.

Morning all.

According to lse data buys are outpacing sells by c.3000 which in current circumstances is a raving sell signal. Shares flatline at 840 only 70 below wk1. Still not a buy signal for me given the Dow is going to fall nearly 1500 points and more trash talk from Trumpton...... well who knows, another 5000 points off the Dow if mrkts become paralysed by the indexes instead of getting on with business?

Its desperate times for investors who are stranded on the sidelines awaiting for the mrkts to decide if this a buying opportunity or a punt in a bear mrkt? The last serious stock decline was in 2022 lasting 9 & on going months which inc the Russian invasion of Ukraine and the start of Trump tariffs.

Yet investors chose to buy into surging mrkts where they married in haste and are now repenting at leisure.

Rarely do mrkts ring a bell and chime it's time to leave the party. You wake up one morning and find yourself in a whole world of pain cursing your stupidity you didn't see the signs which to be fair Trump hinted at several months ago.

The Dow opened 1497 down and back to back losses of nearly 1500 points scared investors facing such mrkt volatility possibly for the first time. In very early dealings investors started buying the dip, clipping nearly 600 points off the days low of 36,612.

Bill Ackman a well known US investor and mrkt commentator said "unless Trump changes his Tune we face a self induced nuclear winter!" I doubt what Ackman says will deter Trump one iota. He remains defiant.

Maggie once said you can't buck the mrkts but more importantly she also said "if you want something said ask a man, if you want something done ask a woman!" Now I've never heard Trump being accused of being an old woman but there's always a first time.

Buys outpacing sells so far this morning yet shares plummet 45p on 28 deals. Tells you a lot about mrkt dynamics which tend to overrule the easy buy /sell fleeting data which will change by the time I end this post.

I think I'd be encouraged to buy if the shares retraced to pre Trump trash of (1010) 7 days ago having missed the 850 boat.

Unfortunately sentiment to mrkts may have been damaged beyond repair....well in the short term for sure. When investors lose confidence and trust in equity valuations the way back is doubly hard and as Trump remains as intransigent as ever why risk your money?

I'm staying away until i feel confident enough that the mrkt is over the current situation and I can value my shares sensibly. This may take longer than I think given i don't yet know how badly the US economy will be effected should the US consumer decide to stop spending as the $ in his pocket buys less and less. On the balance of probabilities..... not good!

Powell might be forced by the mrkts to cut rates as soon as the next meeting by 50 basis in an effort to support the economy.

Oh well here we go again the ftse called 250 lower with the Dow off 1550. Best stay on the sidelines as it's likely too late for holders to sell without crystallising losses.

Patience and keeping your head is paramount as dealers trash shares to ridiculous levels.

The brave among you will be looking to buy but as most will be adding to losing positions its not recommended. My experience of trying to time mrkts is not good as usually they cont to fall so I'm staying out for the foreseeable or until the board update us on how they plan for MSi's future.

Of course should MSi fall to anywhere near 800 i will be forced to buy. My only worry is will this turmoil delay buyer's of MSi goods? We won't be charging a tariff so

in theory we should be okay

as our exports to the US are negligible by having a manufacturing base in the US.

Asian mrkts are a sea of red numbers in early trading continuing the rout started America last Thursday. The 225 hit a days low of 30,790 (down 2920) to trade 2450 down in late afternoon. All sectors have suffered large losses with financials and tech leading the mrkt lower. Japan is a huge trading partner of the US accounting for c.$141bn in exports to America of which vehicles are the largest sector at $51bn.

In China the Shanghai comp is down 212 points (6%) on news of Trump's Tariff policy of 34% on all imported goods as of April 10th. When combined with existing levies China will face a 54% effective rate. China is by far the largest exporter of goods to the US of around US $440bn.

In Sydney the ASX200 tumbled 4% hitting a low of 7169 in early trading. Major miners, oils & energy have been hit the most followed by gold and banks. Australia is the US 5th bigest trading partner exporting c.$13bn. Elsewhere HK, S.Korea & Taiwan are all down between 5% & 12%. Across southern Pacifica mrkts fell between 3% & 10%.

Many say Trump has singlehandedly tipped America into recession as old trading partners seek new avenues for their goods. American consumers will be hit by price increases which Trump says will be temporary.

Dow futures are signalling further weakness when mrkts open today. The top 30 is called 1050 lower which takes the most watched index of US stocks down 15% this year to (37,315). The Dow opened 2025 at 42,992.

Latest :- Vix 45. Brent $64.

Gold $3030. Copper $4•390.

Palm $1052. Silver $29•935.

$1•289. €1•174. 10ytb 3•931.

FF -140. DF -1078.

Morning all.

Fear gripped financial mrkts as the sell off gathered pace during the afternoon. The Dow had slumped 2052 points near the close its bigest one day loss since the covid era wiping c.$2•5tn off Wall St. After China imposed tariffs on all US goods in response to Trump's swingeing across the board tariffs the indexes took a turn for the worse in the late afternoon.

The CBOE volatility index an options based gauge of stock investors anxiety about the mrkts short term outlook rose as much as 15 points to 46, it's highest level

for nearly 5 years as investors fret tariffs will disrupt global economic growth, lead to higher prices for goods and services and lower company profits.

Equities remained at the centre of market turmoil with the Nsdq looking set to

confirm a bear mrkt, down 20% from its record high. The Nsdq has sunk nearly 2000 points since Wednesday and could test its 100 DMA low of 16,260.

Unfortunately US trading partners have limited options in their trade war with Trump other than to sue for peace as they lack the firepower and political will to slug it out. A negotiated peace seems the best way forward. India hit with 27% tariffs is already negotiating and will not impose tariffs of their own. The European Union plans to go ahead with retaliatory action after Canada laid out plans to fight back against unjustified US tariffs imposed on Canadian goods. Hopefully Starmer will bide his time before seeking concessions.

A Labour Dept report showed the US economy added far more jobs than expected in March (228,000) but Trump's tariffs could test the markets resilience in the months ahead. Noone in the market was in the mood to hear good news.

Meanwhile the S&P closed at its worst for the day off 1124 points while the blue chip Dow index slumped 2231 with Nvidia & Boeing leading the declines. Only 2 companies posted gains on the Dow 30 (Nike & HD) while Boeing, Travellers & 3M led the laggards. Msoft ($362) replaced Nvidia ($95) in the no2 spot of bigest global companies by mrkt cap on its 50th anniversary as a public company.

Nyse data

Issues 2856

Advances 252

Declines 2585

U/c 19

NH 15

NL 1042

T/vol(tn) 1•9

------

DJ -2231 (38,315)

SP -322 (5074)

NS -1124 (17,398)

R2 -51 (1156)

WTI $62

10ytb 4•009%

-----

MSCI(W) -206 (3326)

Gold Bugs -34 (326)

--------

Close :- Vix 45. Brent $66.

Gold $3037. Copper $4•388.

Palm $1060. Silver $29•525.

Yen 145. Yuan 7•27.

$1•289. €1•176.

FF -69. DF -96

Morning all.

Shares fell 120 on the week and despite the mayhem in mrkts generally following Trump's taxing a whole range of imports into America i guess it could have been a lot worse. Volumes & deals were above average which was understandable given global mrkts slumped and sellers outpaced buyers by a ratio of 2:1 as investors decided to bank profits or cut losses.

Wk 14

----

Sp 890-910

1/24 910

Trds 94

T/vol 62,000

Buys 21,000

Sells 41,000

Sell% 66

-------

Ytd

MSi -2%

100 -1%

250 -11%

All +2%

Aim -7%

-------

Gold +15%

Oil -13%

Palm -5%

--------

DJ -8%

SP -12%

NS -16%

R2 -19%

-------

Dow called 1300 lower at open. Another bad day ahead for investors. MSi could track back sub 850 unheard of a week ago.

I'm more than ready to pick up distressed sellers stock for peanuts. Keep on selling guys!!!

Seems the sp fall is overdone at 90 given such few trades.... but good for buyers! Don't know why the world is coming to an end today? Shudda been here in the '87 crash now that was really scary.

And in a few months mrkts were back to normal on the upward track. Is this time any different? Wish I knew.

Cos lse cannot complete my post here's the complete d nos for yesterday.

MSC1(W) -136 (3533)

Gold Bugs -1 (360)

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

Latest :- vix 30. Brent $70.

Gold $3103. Copper $4•779.

Palm $1088. Silver $31•735.

FF -7. DF -135.

Morning all.

Govt bonds rally around the globe as investors fearing recession flock to safer asset classes. The flight to safety and quality resulted in demand for Govt debt across the world which sent yields down.

The Dow as expected had a bad day with the top 30 index slumping 1679 points at the close. Only 7 blue chip stocks gained led by UH, J&J and Coca Cola. Propping up the laggards Nike, Amex & Apple. Vix the Wall St fear gauge hit a 3 wk high sending retail stocks tumbling on tariff woes.

Just a few months ago a business friendly Trump admin propelled stocks to record highs on tax cut hopes and int rate cuts when the Dow topped out at 45073 some 4527 points higher than current. Traders now predict a 48% chance the US will go into recession.

High flying tech stocks like Apple were sent reeling from the aggregate 54% tariff hike on China which is where much of their i phone manufacturing is based fell ($21) to $203 . Nvidia and Amazon fell 7% & 8% respectively as investors sold out of easy access assets on a be safe rather than sorry basis. Nike will see a pair of trainers increase by 46% and clothes manufacturered by the poor in Lesotho will be hit by 38% import levies essentially ending their business.

As events unfold the full affect of Trump's economic actions have yet to feed through into the wider economy. In the case of the UK the Govt published a list of 8000 products on which tariffs could be imposed and that covered just 27% of British imports of US origin products. Trump has slapped a 10% tariff on his motherland giving us a competitive advantage over European goods. Hopefully Starmer sees sense and delays retaliatory actions.

China and the European Union have vowed retaliatory action while South Korea, Mexico and India said they would hold off for now hoping to renew negotiations with the US government when the dust has settled.

US stocks are now back in correction territory as traders price in possibly 4 rate cuts this year starting with 25 basis in June. All sectors were pummelled as investors and traders fled the market seeing no immediate turn around for stocks unless Trump backs down on some of his more aggressive tactics.

Fridays payroll data could offer crucial insights into the US economies health and future path of rates. The S&P 500 generates 41% of its revenues outside the US which could now face retaliatory tariffs from China and other Far Eastern regions.

In Asia this morning stocks are well down with only Taiwan posting blue nos. The 225 is off 1200 following the 990 loss yesterday. Australia is headed for a 2 day loss of 250 points and nearly 1000 points down from 52wk highs.

Nyse data

Issues 2938

Advances 362

Declines 2446

U/c 30

NH 53

NL 547

T/vol(tn) 1•5

-------

DJ -1679 (40,546)

SP -274 (5397)

NS -1060 (18,521)

R2 -93 (1207)

WTI $66

10ytb 3•973%

-----------

MSCI(W) -136

That should read sub 900 ..... but heh who knows? In these ridiculous mrkts where values have gone out of fashion you may as well join the ride down the escalator. Just remember to jump back on when the worm turns.

Looking for sub 800, won't be long.

Muted response this morning from MSi as small lot sellers decide enoughs enough. Should the US tip global economies into a recession best be out of risk assets.

Perhaps too early to tell as the US economy has yet to factor in the inevitable cut back in household spend. Yet retail sales are holding up well with big ticket items surprisingly buoyant and consumers intending to spend more on travel.

Nevertheless consumer sentiment has taken a hit. However it's likely people will find ways round expensive imported items by buying cheaper cuts with few intending to alter buying habits in the immediate term.

In Europe defence is somewhat insulated from the Trump inspired doom'n gloom as European Govts take up the slack from US cutbacks. Between '21 & '24 defence spend rose by more than 30% to reach an est €326bn c.2% of GDP.

It is thought the EU will gradually increase its annual defense spending by c.€80bn by 2027 by issuing more debt at the national or EU level via a temporary exception as European rules allow, should it be deemed necessary.