Member Info for JohnLewis79

Agreed cmov...wish he would confine himself to running the White House and not the world economy via his tweet-drivel diahorrea 'ollox.

G had a small Santa Rally last year from 114 to 119p. Oil $64.73 to $67.62.

Cannot rule out a Santa Rally entirely, this period is usually the last wk in December and c.first in Jan in my book, so plenty of time left. Last year the ftse added 361 in December and this month usually returns positive nos 8/10 times. Over the Santa Rally period (last full wk of Dec first wk Jan)171 points we're gained.

Quick scan I can find only 15 o..lies out of 125 showing any sort of a gain this morning and mostly of Cos I have never heard of. Instance President Enrgy, Tlou, Sterling Enrgy, Pantheon Res and Angus Enrgr.

The 100 has now dropped for 8 straight sessions (record is 9) the longest losing streak since 11/2011. That has put the index into 'correction' territory (10% off recent record close (7124) on 4/18. Not helped by o..lies & miners which make up c.20% of the index. The 350 OG is down c.13% ytd and the 350 Miners off 27%.

Tech stocks led the Street lower yesterday, Apple off c.4% the main casualty and big board Boeing down 4%. The Association of National House builders confidence index fell near 10% added to investors concerns. The Dow fell 396 (25017) the 500 off 45 & the tech heavy Nsdq slumped 219 (7028). Headwinds for investors inc Trumps threat to up tariffs on $250bn of Chinese imports from 10% to 25%. This will severely impact the global supply chain for large US tech companies leading to weaker earnings. Already seen by reports from Nvida, Texas Instruments & a slow down in production of Apples IPhone in Taiwan. FAANG stocks were all clobbered, Netflix, Fbk, Amazon & Google all c.5-6%. In the sector as a whole (11) software shares were singled out for above av falls, Oracle, Microsft & Adobe. In Asia stocks are lower across the region following poor nos from Wall St. The Nikkei slammed by techs Sony & Hitachi and Autos on CEO Ghosn of Nissan arrested for under reporting his annual salary by 50%. This is a huge shock as Ghosn was the most respected of Auto CEOs having rescued Renault & Nissan from the breakers yard. Nissan workers in Sunderland will be very worried re Nissan's inv there. Shares in Nissan fell 6% though rival Toyota added 2%. HK is down 2% (535) led lower by Tencent & technology firms. SH off near 2% (45)on local factors and some weakness among electronics. Little to report from London as Brexit dominates everything. The ftse closed down 13 to 7001 the 250 off 49 (18540). The nos: Oil $ 66.43. Gold $1223. £$ 1.2857. £€ 1.123. Coin $ 4631. Vix 20. MSCI 483. FF -12 . DF -52. Morning all.

World mrkts closed mostly lower on Friday and over the wk the Dow lost 576 the ftse 97 & the 250 off 51. London ftse opens at 7014 with the prospect of a no confidence vote in May, the last thing the country, party & mrkts need atm. Last wk in Asia only the Nikkei lost ground (-576) both SH and HK gaining 79 & 582 respectively. Starting a new week trading is cautious across the region, news that Japan posted a larger than expected trade deficit for Oct had little impact the Nikkei up 106 late in the session. Both HK & SH are posting small gains on local factors. News that the Pan Pacific summit ended without consensus on trade issues had no impact on investors. Late on HK is up 107 (26290) & SH adding 6 (2685). The nos: Oil $ 67.31. Gold $1220. £$ 1.2822. £€ 1.1251. Coin $5482 MSCI 488. Vix 18. $Y 6.944. FF-14 & DF -38. Morning all.

Quite right boyo...Debt laden o..lies along with others are at risk should US rates turn higher and panic selling of any asset ensues. G might evade a massive sell off if things turn really nasty in '19 but I sure wouldn't bank on it... Hence I'm staying on the sidelines except putting more money into that lost 'bloody cause' of mine. I have booked an appointment with the local shrink hoping he can wean me off farting against thunder. Afternoon G men.

Afternoon Hasiba. Good luck with PMO I know is a fave of pis but I never bght into. I used to have Shell (an Aunt left me to 250 back in the late 70's) goodness knows what they would be worth now. I stupidly sold them as soon as I could. I think all this recent volatility in stocks proves that one should invest for the longterm (if you can) and pick up distressed Cos sp's (if you can) as you have done. That way you can smooth out the ups and downs, at least thats the theory.

For sure your right H. The background noise is positive now a huge transformation from the 'non payment' / ISIS days of yore. Debt free, great cash flow, non valued gas assets etc...one would think the sp would be a lot higher. Perhaps next year will see a material change in G fortunes but (ain't there always a but?) holders know not to get carried away. An acquisition away from Iraq def makes sense...spread ones risk into more stable areas if there are such places on planet earth.The comment "well positioned to generate significant shareholder value"....is a red rag to a bull imo, it rarely happens because holders expectations have not been well managed by boards. If anything the G board have downplayed Co achievements and I applaud them for their conservative approach while hoping they get the 'hurry up' to the significant value part! As ever convincing a sceptical mrkt is a diff matter entirely. Morning all.

As you say H....G performed well in these volatile mrkts compared to many. A snapshot in time. For instance:- G + c.4% on wk Ytd +95% 52wk +94% Gkp -5% on wk. Ytd +80% 52wk +86% PMO -17% on wk. Ytd +7% 52wk +20% Oil -4.4% on wk. Ytd + 1%. 52wk +12% Not sure why I picked PMO other than one could be invested in it. Morning all.

Sorry to hear of the dreadful accident that led to the death of Andy Hajens. Fatalities in the O&G Industries are very rare these days so I'm sure all on this BB would like to extend their sympathies to his family.

$81.03 ($57.51) avop for October up from $78.89 in Sept.

Sorry guys I cannot abide these.. http/www.com/63549yb201/ index/I'd UDKCN1....links. FFS just precis what they say. Thanx. Oh...here's the link..JL4856/XYZ/1 .com/bl 82/eff off.com.

DHC...de'y don't tell us anymore!

Kinda EV boyo....223-5. Good post.

Always do bunks...

Teachers hero 'Geoffrey Boycott' was run out in his last cricket match. Heh heh heh!!

..... "Alexa, is this a good deal?"....

All was calm in the city while down the road people were losing their heads. Sterling ($1.28) wobbled a bit during the day but to be fair its been doing that since $1.70 referendum days. The 100 & S/caps were little changed the 250 fell 248 the All down 5 (3857). Across the pond US stocks stopped the rot all 3 benchmarks gaining the 30 up 208 (25290) and the techs added 123 (7259). Asia was 2 down SH the only gainer adding 13. TK & HK just a few point lower. The nos: Oil $ 67.31. Gold $1216. £$ 1.280. £€ 1.128. Coin $ 5536. Vix 20. MSCI 487. FF +31. DF -26. Morning all.