Member Info for JohnLewis79

You remember what WB said years ago " The stock market is a device for transferring money from the impatient to the patient "

Worth a listen to her statement which must have been in response to Trump cancelling military aid to Ukraine......for now. Did he expect Europe to react in such a positive way? If so a genius move!

Ursula von der legend statement on X re Europe re-arming.

A solid result from Kitwave given the economic backdrop in the UK and pressure on people's spend.

A final 7•45p dividend will please income seekers. Given what Trump is doing in the Ukraine its bound to impact us here in the UK so heading into 2026 the picture is unclear particularly if Starmer insists on a boots on the ground policy to support Zelensky should Trump stop all military aid to Ukraine.

Wall Street's fear gauge jumped as tariff fears resurfaced when Trump said they would take effect tomorrow on Canada & Mexico. Tariffs occur when the goods are landed in the US. For instance the US gets 80% of its potash from Canada. So surely a lose - lose for both countries putting thousands of jobs and future investments at risk.

In late news Trump has ordered a pause in all military aid to Ukraine until Zelensky commits to talks with Putin an astonishing development given Putin started the war. This no doubt designed to push Zelensky to the table and negotiate. The news came after US mrkts had closed.

Global trade fears continued to worry investors dismayed by Trump's largesse when discussing trade policy and how he intends to penalise those who he says has raped the US for too many years under a succession of weak past Presidents. Minutes before the close the Dow had tumbled 900 points convinced other nations would slap tariffs on US exports.

Beijing is expected to retaliate to Trump's further 10% duty on imports from China which will also take effect tomorrow. A retaliatory cycle has begun though many hope Trump will back down when the air clears. US listed shares of Chinese companies fell with Nio & JD.com off 6% & 2% respectively. Far Eastern mrkts have opened lower this morning but are off lows following the latest Trump tariff warnings.

The markets recent slump has hit Nvidia off $12 at $113 and other high flying techs like Tesla down $10 at $293. Elsewhere Kroger the grocery chain behemoth fell 3% after the Chairman resigned following an internal investigation into his personal conduct which was not related to financial performance. The company declined to provide more details on his exit. Ronald Sargent a director has been appointed as interim CEO.

On the blue chip index of top 30 stock 8/30 posted gains led by Verizon, Coca Cola & J&J. Going south Nvidia, Cat and Chevron. Apple ($239) up $10 this past month has sprinted ahead of Msoft & Nvidia as the most valuable global company at $3•6tn. Msoft ($2•9tn) & Nvidia ($2•8tn) have put clear water between them and the No 4 Amazon at ($2•2tn). All 4 companies rank in the global top 20 most profitable companies list, 11 of which are American. Saudi Aramco at $121bn tops the list.

Nyse data

Issues 2838

Advances 840

Declines 1931

U/c 67

NH 111

NL 206

T/vol (bn) 1•3

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

DJ -650 (43,191)

SP -105 (5850)

NS -459 (20,426)

R2 -32 (1331)

10ytb 4•148%

WTI $68

-------

MSCI(W) -35 (3770)

Gold Bugs -1 (311)

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

Latest :- Vix 23. Brent $71.

Gold $2887. Copper $4•582.

Palm $1048. Silver $32•195.

$1•269. €1•211.

FF -40. DF +38.

Morning all.

Have we got any money to spend on the small business defence sector given our main priority is to support welfare claimants some perfectly capable of working and now further to support Nato.

Our welfare bill runs at c.£316 bn per annum (state pensions account for c.£124bn) and nearly 24m people are claiming benefits of one sort or another which fosters a cuture of dependency.

Chronic underfunding and mismanagement from Whitehall hasn't helped. Getting people back to work should take priority over any monies sent abroad.

Currently on the top 20 list of bigest global social welfare spenders we are ranked no 4 (USA no 5) behind New Zealand ranked no 1 who spend 21% of gdp.

In an announcement from the White House Trump said TSC is investing $100bn in the US by building a huge semiconductor plant in Arizona. Fears he was about to cancel military aid to Ukraine wer'e unfounded.....for now. Late on the Dow was down 650 points.

A big jump in vols and bargains dealt today as investors buy into the Govts commitment to spending more on defence. Companies in this sector will need to see the colour of the Govt's money before splashing out on production....

Defence has attractions as a sector for pis mainly because you almost certainly will be paid though offset that against the long lead times from build to delivery. There's no quick fix when building subs, tanks and jet planes other than getting ahead of the competition and MSi with their drone expertise is ideally placed to be quick off the blocks.

I know sfa about drones other than everyone is talking about them. So Paladin, Drones, US Navy guns, what's not to like? Shares put on 80 on the session, a little short of 50,000 trade volume.

Well it all sounds good but I have little faith or interest in "squiggly line theory" which likely explains my under performance over recent years. Whatever if this UTube guru is bullish he's only confirming what long'term holders have been saying for a long time.

Shares rising on defence spend this morning?

Stocks in the US moved strongly up towards the close on Friday the Dow ending the session up 601 points at 43,841. This set the tone for mrkt openings in Asia this morning where stocks are trading much higher with above average gains in Tokyo, Sydney and HK.

In Tokyo the Nikkei 225 closed the morning session up 425 and above the 37500 level led by index blue chips, autos and financials. Heading into the close the 225 is up over 600 points as bargain hunters continued to chase stocks higher.

In Sydney stocks reversed the sharp losses of Friday with the ASX200 trading above 8200 while the broader All Ordinaries is up 48 led by miners, oils and techs. Banks are unwanted.

In other news troubled Star Entertainment shares have been suspended after the casino operator failed to lodge its H/Y accounts with the Exchange on Friday. Sydney closed ahead 73 at (8246).

Elsewhere in Pan Pacifica shares have followed Tokyo with big gains seen in HK and Indonesia. SK is closed for Independence Day and Taiwan is off 297 the only mrkt in the red today. Of the Far East mrkts, Japan, China, Malaysia, Taiwan & Indonesia are all down this year. Bigest gainer HK up nearly 20% followed by SK up 5%.

Latest :- Vix 20. Brent $73.

Gold $2862. Copper 4•575.

Palm $1060. Silver $31•780.

$1•261. €1•210. 10ytb 4•24%

FF +55. DF +55.

Morning all.

If Trump withdraws from Europe that could put the UK in a tricky position given our lack of preparedness should we be required to put "boots" on the ground.

As ever with Trump his bark is usually worse than his bite and given he needs Ukrainian's mineral wealth he will cobble together a face saving solution that suits both having bet his Presidency on ending the war.

MSi data

Wk 9

----

Sp 930-960

1/24 910

H 1136

L 770

7/88 113

---------

Trds 85

Tvol 53,400

Buys 28,400

Sells 25,000

Av 628

-------

Ytd

MSi +2%

100 +8%

250 -1%

All +6%

Aim -2%

---

Vol data

MSi

1-9

Buy 321,500

Sell 267,000

T/v 588,500

Buy 55%

Avt 656

--------

Nyse data

Issues 2847

Advances 1915

Declines 807

U/c 85

NH 61

NL 143

T/vol(bn) 1•8

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

DJ +601 (43,841)

SP +93 (5954)

NS +333 (20,884)

R2 +12 (1364)

WTI $70

10ytb 4•220%

----------

MSCI(W) +38 (3805)

Gold Bugs +2 (313)

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

Close :- Vix 20. Brent $73.

Gold $2857. Copper $4•562.

Palm $1060. Silver $31•700.

Yen 151. Yuan 7•28.

$1•258. €1•212.

FF +27. DF -45.

Nyse data

Issues 2838

Advances 894

Declines 1864

U/c 80

NH 38

NL 132

T/vol(bn) 1•1

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

DJ -193 (43,239)

SP -94 (5862)

NS -582 (20,551)

R2 -20 (1352)

WTI $70

10ytb 4•231%

-----------

MSCI(W) -54 (3767)

Gold Bugs-12 (310)

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

Latest :- Vix 21. Brent $73.

Gold $2864. Copper $4•555.

Palm $1052. Silver $31•770.

$1•259. €1•211

FF -47. DF +4.

Morning all.

Done OK on a piggy back and still holding on.

Today was all about RR and the remarkable turn around in the fortunes of the company since the new management took over a year or so ago. Shares flew up to 761 mid session but settled at 726 on the day.

You have to wonder how the mrkt got the valuation so wrong on a huge stock like RR. OK I get a stock can be mispriced but a ftse 100 by over 100p? Whatever you have to wonder about the valuations of stocks in general and in your portfolios. Have to say mispricing gives investors opportunities for the fleet of foot.

Regrettably under our present pricing system pis can do little but suck it and see. It's served us well since the days of Lloyd's and Jonathan's coffee shop in 1698 where merchants first traded goods eventually leading to the first stock exchange in 1801.

That must have been when MSi was first traded. Ain't done much since have we?

Institutions will need to buy RR now its rejoined the dividend list.

You didn't meet Freddie by any chance PG?

Nyse data

Issues 2842

Advances 1361

Declines 1377

U/c 104

NH 45

NL 76

T/vol(bn) 1•04

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

DJ -188 (43,433)

SP +1 (5956)

NS +46 (21,113)

R2 -3 (1372)

WTI $69

10ytb 4•284%

----------

MSCI(W) +7 (3821)

Gold Bugs +6 (323)

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

Latest :- Vix 19. Brent $72.

Gold $2895. Copper $4•554.

Palm $1064. Silver $31•930.

$1•265. €1•209.

FF -8. DF +80.

On Wall St stocks showed a strong move to the upside early in the session but gave back ground over the course of the day pulling back well off highs though the 500 & Nsdq managed small gains.

On the big board 11/30 ended in the plus column led by Nvidia whose results fell flat with investors despite reporting record revenues & earnings. Shares closed at $129 down $2 in after hours trading. Going south Boeing,

Apple & Amgen contributing to the near 200 points fall.

Doing business on the Street is full of ups & downs but millionaires cont to climb in the US. Latest figs showed a 537,000 increase in 401(k) or those with liquid assets of $1m to over 22m total in 2023 an impressive 62% increase in the past decade.

China, France & Japan trail behind.

Continuing concerns over a global trade war continues to dog investors after Trump's latest tariff announcements. He said plans for "reciprocal" 25% tariffs on European autos and other goods would go ahead. This could impact UK goods due to supply chains with European mrkts.

During his first cabinet meeting he reiterated he's not stopping previously delayed tariffs on Canada & Mexico scheduled to begin on April 2.

Morning all.

Seems much of the increase initially to defence spending will go on cyber/ computing and personell before guns, tanks and heavy machinery. How much of the £13bn annually earmarked for defence security after 2027 will trickle down to MSi and the lesser known companies is unknown.

However the news will be applauded by most Britons who believe spending on foreign aid is a waste. As you'd expect Charities condemned the cut saying it will have devastating consequences as more people will die and many lose their livelihoods.