Member Info for JohnLewis79

Well JFT you'll be sleeping well now! I'm not invested here but cont to waffle on so
stick around and put in your 2p worth now and again.

It wouldn't be a Fri without another JFT rant...he must be running out of bad mouthing G....huh? Perhaps not. So JFT have you abandoned ship?

A small tree shake yesterday of loose holders saw c.74k sold v just 7k bought or was it sell on the news (strategy day)?
Scaring pis out of stocks is a long established scam perpetrated by jobbers.

Must be fair it could simply be holders Fed up with such a poor performing stock. Instance over 3 months down 24%. Over 52 wks down 50% and ytd up just 1% v the TM 100 ytd up 7%
and 52 wks up 9%.

I don't have the Aim tech nos for the ytd / 52 wks but suspect Bango might track them.

JFT is like a dog with a bone he cannot leave the bone (G), constantly biting and chewing.
I agree with boyo he will stick around for more 'goodies' and where would he find a BB that's so rich in pickings?
Of course he should have sold up yonks ago watching a share evaporate day after day is plainly silly but heh all to their own. He's terrified of pushing the sell button fearing G will surge upwards as soon as....another pis fallacy I'm afraid.

I'm amazed he's still here though I do like his rants (he is even more pissed off with G than me) so stick around JFT and suck it up or move on a la H.

It took the BOE to impart some good old fashioned common sense to London equity mrkts yesterday.
Having ignored the signs for most of the ytd the 100 took a step back falling 80 on the day (7094) it's lowest point. The 250 tanked 274 (18799) and the All 44 to (3884) not helped by a poor start on the Street.

Sterling was down to $1.285 at one stage as the BOE left rates unchanged
while forecasting lower growth (1.2%) from (1.7%).
Mortgage approvals fell to an 8 month low of c.64000

On stocks, Banks were weaker LLOY off 1.8% to 57, HSBC down 9 to 641, BARC fell 5 to 156 and RBS lost 10 to 240.

Faller of the day was package tour operator TUI down 203 to 981 as holiday makers stayed at home citing a weak pound for delaying bookings. Oils were weaker RDSB -37 (2451) & BP down 7 (547).
Ryanair voted the worst airline for the 6th straight year slipped to €11.14 near 52wk low.

A weak start on the Dow down 170 early on, saw buyers resolutely on the sidelines as at one time the index fell to 25000 from a high of 25314. Trade tensions triggered the latest round of selling after NEC head Ludlow said they were a long way from sealing a deal with China.
The Dow closed down 221 (25170) the 500 fell 26 (2706) and Nsdq off 87 (7288). A mixed bag of 4Q results from 2nd & 3rd tier Cos kept invstrs away from the mrkts.

In Asia TK tumbled 436 and HK reopened down 141, SH still closed. Nikon falling 12% in TK saw selling across the sectors, autos & banks at the fore.
Pan Pacific mrkts caught the selling bug and were all lower.

The nos: Oil $61.27. Vix 16
Gold $1313. Coin $3397.
£$ 1.294. £€ 1.141.
FF -2. DF -116.
Morning all.

Good luck H...I like the PMO story but we know all about 'storey stocks'....don't we?
Hope your luck changes.

Cripes!! PMO!!

DNO turned up...do they have a casino hour in Oslo?

Happy with that...has H abandoned the ss Genel?

How about you hydro...?

Down 0.05kr to 16.90...

Who predicted the '87, '08, crashes, or that the Dow would fall 1000 in a day or multiple oil shocks, rates hitting 20% and the fall of the Soviet Union?
No-one had a good enough crystal ball to predict any of the above.
So should you even bother yourself with these 'macro'
events?
I doubt you do or should you as these are largely black swan events beyond ones control and too many factors to weigh up accurately.

Focus on the tree and not the forest says WB. Don't concern yourself with the short term fate of G's sp more the long-term prospects of the business anything else is time wasted. I think he also said if your not prepared to hold a stock for 10 years don't bother. That might be fine for some but not the majority of pis imo.
Mind you it does stop you bailing out at precisely the 'wrong' time though ( buying at the top selling at the bottom) which I nearly did here a few years back. From memory my avc was 450ish on my holding losing c.200 a share.p
So bunks, you been round long enuff to know this stuff that fathoming sp moves is impossible, good Co news that gets ignored is all over the stock mrkt not just here... so as long as G is piling up the cash
it won't go unnoticed even if you have to wait another 10 years.....God forbid!

Investors sat on their hands all day the index rarely straying 25 points off Tuesdays close. The BOE Q4 report and rates decision today kept buyers on the sidelines.
No-one expects other than a rate hold the uncertain political situation and poor economic nos here and in Europe almost guarantee that.
With the ftse moribund what little action was confined to the 250, Electrocomponents positive nos and update saw the shares up 25 to 578 Helping the 250 to end the session up 77 at (19073).
Glaxo SK trebled profits to £1.6bn and a Q4 div of 23p
made 80 for the year, shares gained 25 to 1548.
Ocado fell 66 to 968 on news of a fire at their Andover warehouse.
The ftse crawled to a close at (7173) down 4 and the All u/c at (3928).
Crude was c.$62.70 and sterling $1.294 at close.

Little for investors to latch on to from Trumps State of Union speech yesterday despite some cordial words about VP Liu He.
Trade Sec Munchin will be flying to Beijing next wk to cont negotiations which are well advanced.
On the economic front the US trade deficit shrank 11.5% in Nov to a 5 month low ($49bn) yet the trade gap is set to be the bigest in a decade and the China defecit in Nov slid to $35bn.

On the Co front Snap Inc surged $1.70 to $8.72 after posting record revenues and narrowing losses on back of a boom in advertising revs.
Others reporting, W.Disney little changed ($122) on strong holiday earnings and GM rose 55c to $40 topping Wall St forecasts for earnings and revenues.

Stocks drifted aimlessly most of the pm session in a narrow 110 range the DJ closing down 21 (25390) the 500 snapping a 5 day run fell 21 & the techs lost 27.

TK remains the only Asian mrkt open for business and currently down 122 on local factors.

The nos: Oil$62.40. Vix 15.
Gold$ 1308. Coin $ 3400.
€$ 1.293. £€ 1.138.
FF -15. DF -61.
Morning all.

Wonder what place in hell us Brexiteers will be headed? For sure considerably better than what Tusk has consigned 17m
British voters to. If you ever needed a push to vote to leave, you just got it from some jumped up squirt from Brussels.

Old Cherokee saying " stay the uckf away kemosabe"

BP 4Q nos got London off to a bright start the ftse opening up 42.
BP reported a doubling of profits thanks in part to the purchase of BHP's shale assets, shares rose 20 in early dealings.
However the Co carries a massive £44bn debt, geared at 30% though no-one doubts BP being able to service this through internal means shares closed at near best up 27 to 547.
RDSB followed in sync shares adding 56 to 2487 and other o...lies got a boost, TUL +5 (212) and the 350 O&G put on 275 to 9103 up 8% ytd.
Rises outpaced fallers by 4:1 and at midday the 100 was up 98.

Some poor economic nos we're ignored by the mrkt, the PMI services sector at lowest since 7/2016 for instance pulled sterling down to $1.29.
No doubt about it that confidence is being undermined and the economy is barely growing as Cos cut spending, limit jobs & conserve cash. Brexit wrapped in global uncertainties unfazing the mrkts.
The BOE quarterly report is out on Thursday.

On a brighter note clothing retailers were up for a change, M&S adding 5 to (295), Burberrys up 59 (1867) & Next gaining 58 to (4888).

With Wall opening up 120 the ftse was trading at an intra day high (7155) towards close and the momentum carried across Europe both the DAX & CAC up c.1.5%.
At close the ftse hit a 2 month high up 143 (7177)
All gained 69 (3928) and the 250 added 147 (18996).

US stocks are off early highs (25423) as invstrs close positions awaiting Trumps State of the Union
speech tonight which will be closely watched for any tit bits on trade progress.

Meanwhile Alphabet /GooG fell $8.45 to $1133 as invstrs took exception to a jump in spending although earnings surprised on the upside. Contrast that with Amazon when it 'ups' spending invstrs love the stock.
Walt Disney & Snap Inc report after mrkt closes today. The Dow topped out up 172 (25412), Nsdq +55 and the 500 added 13 (2738).

TK the only mrkt opened is up 47 in very quiet trading.

The nos: Oil $62.00 Vix 15.
Gold $1318. £$ 1.295.
£€ 1.136. Coin $ 3397.
FF -8. DF -16. Morning all.

Nothing to write home about yesterday the ftse traded in a narrow range of 7002-7046 all day closing at 7034 up 14. Sterling edged weaker at $1.350.
China growth woes impacted on miners early but Fresnillo & BHP recoverd late on. China is a huge buyer of natural resources and any weakness in demand hits the miners.

Ryanair fell to €11.18 (€17 a year earlier) on reporting a €106m loss in Q3 (+c €20m) and talk of plans for a leadership succession to O'Leary who remains in post for the foreseeable. Ryanair remains brokers top pick amongst airlines.

Patisserie has rec'd a nos of enquiries / offers after discovering a £40m hole in its accounts. The CFO was arrested. Sage topped the leader board up 16 to 643.

Oils were mixed RDSB gained 46 to 2431, BP off 1 at 510. On the economic front the PMI nos showed construction growth at a 10 month low in Jan. At close the 250 managed a 37 gain (18849) the All up 8 to (3859) & Small caps added 8 to (5396).

In the US factory orders fell sharply in Nov (nos delayed due to Govt shut down) pointing to a slowdown in growth in the
industrial segment of the economy.
Orders for machinery, military hardware and vehicles slumped c 0.6% in Nov suggesting Co's were hesitant to invest, one of a number of cross currents facing the economy.
The US 10 yr t/bill was at 2.73% way lower than 3.23% late last yr. Lower rates usually leads to stock prices going up.

Stocks are rising ahead of Alphabet/Google results later on. The Dow up 90 led by Apple +3%, Msoft, Boeing & Coca Cola all
1%+ going down Exxon c.2% on WTI $54 off 88c.

The Dow closed out up 174 (25239) having risen steadily all day from 10.30am. The 500 gained 18 and Nsdq put on 84 the small caps +13 (1518)

Stocks flat in Asia as China is closed for the LNY.

The nos: Oil $ 62.62. Vix16
Gold $1318. Coin $ 3445.
£$ 1.304. £€ 1.141. $Y6.75
FF +38. DF -22.
Morning all.

Most of that was lost on me tbh...as ever I'm looking at the top & bottom lines. See then if all these pretty graphs mean diddly.

No pleasing these mrkts ya just have to suck it up or get the hell out!

Only TK & HK are open for business, other Asian mrkts are closed for the Lunar New Year.
TK is up 90 though Sony Corp sank 8% on cutting revenue outlook along with autos Honda & Toyota under selling pressure.
The Nissan story (moving production back home) had little impact on Japanese mrkts.
In HK (+60) mrkts are quiet Sunny Optical and insurances are up, properties flat.

Trade talks ended without any discernable progress though Trump remains optimistic that when he and XI meet again they can agree a deal. No date set for talks.
However on March 2 the 'ceasefire' on tariffs will end and 25% taxes will be imposed on $200BN of Chinese imports.

In NY 97 of the S&P 500 are still to report among them Disney who are set to reveal Disney+ a streaming service to rival Netflix. Google, Twitter Inc & Snap Inc will be reporting Q4 as well.

Twitter & Snap have issues to be resolved. Twitter 'hate' speeches on its boards & public relation crises, Snap losing top management too regularly inc their second CFO have badly damaged their stock prices in 2018. Twitter down from $50 to $33 and Snap from $20 to $7.

The nos: Oil $62.78. Vix 16
Gold $1317. Coin $ 3440.
$ 1.307. € 1.142. $Y 6.74.
FF +2. DF +8.
Morning all.