Member Info for JohnLewis79

Voda (-2%) led London lower on its t/o of an Australian Co the mrkt falling for the second day down 66 before 9.00am and still off 50+ late in the session. £$ rates were little changed at $1.3025, Barniers comments causing a fair amount of scepticism being light on details. British car production fell 11% yoy as demand tanked over 30% and BOE reported growth in consumer lending was at its weakest level since 2015. On a quiet day for Co news Severn Trent was on the acquisition trail buying Agrivert Holdings (waste recycler) for £120m, Bellway (+2%) broker buy rating and Hunting the top riser up 10% (return to profit). At the close the 100 was off 47, 250 (-45), S/caps down 24, Aim traded up 3 (+c.5% ytd) & TM 100 down 24 (-1.4% ytd). Wonga going Gonga was the best bit of news for sometime though there is c.£400m in loans outstanding owed by customers. N.Y. opened higher jumping to 26104 but profit takers sold out as the Dow crossed 26100 and by 10.00 am hit morning low of 26041. Tracking lower in pm session the Dow pulled back up in the afternoon to close down 138 at 25986. Trump chatter that China tariffs will start next week dampened investor enthusiasm as global concerns resurfaced (Turkey) Lira near year lows & now Argentina where int rates hit 60% yesterday failed to stop the Peso falling, down over 50% v $ ytd. Highly indebted countries are back in investors eyesights.... big time. The S&P (-13) & techs off (21) at close. Tesla fell again c.3% to $304 after $298. Others in focus Apple (+1%) on new IPhone, Electronic Arts (-10%) delayed Battlefield V game & Dollar Tree fell 15% (downgrade). Big board stocks falling were Nike, Du Pont, Caterpillar and Wallgreens Boots all c.1-2%. In the Far East stocks are off on the wrong foot as US/China woes are back in the news and that Trump might pull the US out of the WTO. The Nikkei is down 39 (heading North in afternoon) halting an 8 day winning run but is up 1.4% for Aug with only one trading day left. HK is off c.250 (heading back up) on local factors and SH rebounding from (-20) is currently down 2 at mid session not unduly worried by Trumps latest threats. How much of these China tariffs are already priced into SHCOMPs 18% ytd fall is questionable. India GDP is expected to hit 7% but covers massive internal problems, Rupee one of the worst performers, low wages, low job creation & inflation / rates rising. How trustworthy are the GDP nos? The nos. Oil $77.72. Gold $ 1202. Vix 13.53. £$ 1.301. £€ 1.116. Coin $6947. FF -40 & DF -32. Morning all.

Little sign of buying the dips atm..only 90k traded. Other o...lies moribund in summer sloth, PMO +1, TUL-2, BP-2 & RDSB -7.

Quite so....bunks.

Taconic out...Bilgin selling down what's up with K o...lies?

Yea Gkp off 27!...

London opened cautiously but was soon in negative territory in the face of a stronger pound ($1.300) and Brexit uncertainties though Barnier said "we are prepared to offer a partnership with Britain such as has never been with any other country"....though the EU would not agree to anything that weakens the market. At close the ftse was down 54 (7563), All off 28 (4166) & 250 fell 112 (20737). Luxury sports car maker Aston Martin unveiled plans for a stock listing valuing the Co at c.£6bn issuing 25% of the available shares. Aston Martin reported an 8% rise in sales for the 6 months to June of £449m and ebita up 14% to £104m that's a racy 20x earnings. Falls in the wider mrkt were small and limited, miners were mostly down (Fresnillo -2.4%) and Royal Mail shares were lower, while Bunzl and European mrkts traded higher. Currency crisises have hit Argentina seeking a massive $50bn+ bail out from the IMF. A mixed opening in N.Y but the mrkt was soon heading upwards after US GDP nos came in slightly ahead of forecasts (4.2%) for the 3 months to June. The US stock market has put on c.$18 trillion in value since '09 and yet again for the 4th straight session the S&P and Nsdq hit record closes, (2914) & (8110) respectively. US / Canada talks boosted investor sentiment that an agreement could be reached by Friday. Trump likes to hurry things along! Part of the recent record breaking run in stocks is the rises in August (not usually one of the better months av return of 0.27%) of the Dow up 3% the S&P up 3.5% and Nsdq +5.7%. The Dow is c.50 off joining the other 2 record breakers.....perhaps today? Tesla the SOTM tanked another $7 to $ 305 a far cry from the near $400 a month back on his ill advised "we're going private" plan. TK led gainers in Asia early morning breaching 23000 briefly, currently (22875) on Y$ hitting 111.70 boosting exporters like Sony & Nintendo. Shares in HK are on the slide (-200) though energy shares are better on OP. SH is down 22 on local issues and some profit taking. News that Govt run China Securities got the go-ahead to buy insurers had little impact. The nos: Oil $77.25. Gold $1204. Vix 12.25. £$ 1.303. £€ 1.114. Coin $7021. FF -13 & DF -34. Morning all.

Spat with Aim listed Faroe Petroleum descended into farce yesterday as Faroe saw off a power grab to install Rahmani & Dale to the board saying "the plan wad wholly self-serving and part of a plan to gsin control of Faroes business without making an offer to all shareholders" Cantor Fitzgerald said "it was borderline hysterical for DNO to question the governance practices of Faroe, given DNO is considered to be operated as the personal fiefdom of its executive chairman". DNO has built up a 28%+ stake in Faroe and earlier was forced to publicly quash speculation that it would take over the Aberdeen based firm.

Anybody seen the 'Walking Dead' TV series?..well the Supply Teacher should have been the lead actress. Jeez the interview on CH 4 with Michael Crick last night was cringeworthy, she mumbled, evaded his questions on did she support the anti Apartheid regime at the time Maggie was calling Mandela a terrorist, looked hopelessly lost and out of her comfort zone. Sent a terrible message to the viewers, here was a dithering woman clearly not briefed by her aides looking shambolically bemused. Hardly the image a Prime Minister should portray to the watching world.

Metals led the 100 higher from the bell (+50) and traded between 25 & 55 up throughout the session closing 40 better (7617). A chunk of that was 'catch' up to world mrkt gains and 2 record closes in N.Y. Pound bought $1.2921 after Mays comments on a no deal Brexit would be no big deal despite being contradicted by Hammond that it would add to UK borrowing costs (£80bn) and stifle growth. Oil traded at $76.74 on renewed concerns of supply disruptions in Iran/Venezuela. Stocks in focus were the miners, Evraz (+6%) Anglo, BHP, Glen & Fresnillo all gained 1-3%. The 250 sparkled up 158 to (20849) not far short of ytd high. The 100 just c.1% down ytd. Another all blue day in the US, the S&P and Nsdq both at new record closes (3rd straight) the Dow put on 14 (26042). The 'street's chatter was all about the Conference Board saying its index of consumer confidence climbed to 138 from 128, its highest and strongest reading since 10/2000. However expectations for economic growth & consumer spending are slowing and Q3 nos look weaker than Q2. No significant Co news on a flat to down day overall for the Dow which hit an intraday high of 26122. Stock of the moment Tesla fell another $7 to $312. Too early to say if the US mrkt is running out of steam....perhaps a bit of consolidation, as to whether the DJ can leap into the 27000s is anybodies guess. So far US mrkts have proved the doom mongers wrong and has cost the bears dearly as earnings are keeping up with valuations and look like doing so through 2018. Asia extended gains (2/3), TK up 100, HK +65 & SH off 10. Shippers in TK led the gainers with techs close behind. HK flat on local issues and profit takers were out in force in SH despite the Finance Ministry calling for more aggressive measures to boost domestic demand. SH is c.18% down ytd. The nos: Oil $ 75.94. Gold $1204. Vix 12.50. Coin $7048. £$ 1.289. £€ 1.100. FF +13 & DF +66. Morning all.

Good stuff Lem you nearly had me buying back in....not quite! While G refuses to act the way normal cos do to great underlying fundamentals of the business for reasons i don't fully understand, i feel safer on the sidelines. As the US mrkts cont to rise into record territory the bears are on the run, trade worries abating somewhat and Powell keeping rates in a tight band or rather not raising them unnecessarily it seems that the risk is greater to be out of the mrkt than in. Yet I'm nervous, could be old age is making me ultra cautious i dont really know but im sleeping a lot better with my few quid in a safe place.

Mrkts have started the week off in fine style. In Asia on Monday SH jumped 51 its highest close in 2 wks on currency moves by the PBOC (changing the way it reports the value of the Yuan). HK gained c.2% on H1 good results from Sinopec & PetroChina & TK traded up 1% on exporters, iron & steel gaining and Japan to invest $500m in uber electric cars. As London was closed stocks in N.Y took off in a broad rally on news of a new trade deal with Mexico (Canada not signed up yet) the Dow closing above 26000 the first time in 6 months and out of correction territory (10% above low). The S&P and Nsdq both registering new record closes (2897) & (8018) for the 2nd straight day. On Co news Musk has dumped his shock 'go private' plan in a late Friday blog and will remain a public Co as it was too complicated and distracting. Stock fell 1% to $319. Sentiment is still strong underpinned by the economy and Co earnings. Any news on easing of trade deals has a disproportionate effect on stocks up or down as we have seen. Risers on the big board were GS, Caterpillar, Du Pont & JPMC going down Wallmart and Pfizer (3%). Tuesday started well in Eastern mrkts following strong gains on Monday, early advances saw TK above 23000 on autos and steel current up 99 but heading south. HK showing a small 55 gain (28326) in afternoon, techs and energy to the fore but well off intraday high of 28579 earlier. SH is flat after PBOC shoring up the Yuan (curbing currency outflows) catapulted the mrkt 2% higher on Mon. Others in the region are all advancing c. 1%. The nos: Oil $76.22. Gold $1209. £$ 1.287. £€ 1.103. Coin $6892. Vix 12.16. FF u/c. DF +50. Morning all.

Point taken H..however I feel one should be invested. Appreciate the 'fun bit' but again why comment on a stock one has no skin in anymore. Like most of my nags put me down as a non runner for the foreseeable. I will cont with the oil / mrkts early morning posts for a little while longer.

Please delete my name from the Friday Club as I'm no longer invested.

JL 254 Snap 268 Bunks 273 Indrid 283 Without 289 H 295 Ocelot 300

Blue finishes everywhere to the wk 'cept HK. Over the wk the mrkts performed well given all the geo stuff and Trump troubles. The ftse (+18) All (+17) 250 (+247) S/caps (+27) & Aim (+14). The ftse ytd is down (1.4%). US stocks ended Fri all blue and over wk the DJ (+121) S&P (+25) Nsdq (+130) & R2 (+33). The DJ ytd is up (4.3%). Asia all blue accept HK on Fri and on the wk, TK (+332) HK (-464) & SH (-6). TK ytd is down (0.70%). SH the worst performer down 18%. G gained 16 on the wk but Gkp put on 33 & DNO (-0.50 Kr). Ytds for the Kurd oilies are: G up 132% * Gkp up 176% * DNO up 82%. Oil had a better wk up 5% ytd +17% and Gold gained c.2% but ytd is down 9%. £$ ytd is c.5% down. Coin ytd is down 55%. P.S. well done bunks 'bout time you bloody won it. Have a good BH all.

$76.21! Nearly 2% up this week.

.....a riddle wrapped in a mystery Inside an enigma....ffs! Churchill must have been a shareholder!

Oil looking better $75.33 & running av mtd is $73.16.

PMO + G + Gkp valued at just 73% of Tullow! Doesn't make sense to me.....blimey they must be making billions.....er not quite...just $22m in 2017! Am I missing something?

S.A. Aramco public offer apparently off the table...wonder where all those $ earmarked for the IPO will land up?