Oil/mrkts...20 Jun 2018 06:34
Oil $75.33(+26c). US stocks dutifully followed the Dow futures and Mr Jones was down 340 (1.15%) soon after London closed.
The S&P and Nsdq fared better both off less than 0.50%. A slight recovery late on ( Dow closed -287) led to a mixed opening in Asia the main casualty China off 0.65%, TK,HK,STI & S.Korea all marginally better. London indices all lower on China concerns the 250 the bigest faller off 164. A better opening is expected this morning up 35 the Dow up 45. Another 20p+ swing day for G closing up 6 as day traders ply their trade. These rock's roll moves in G are right up their street if slightly alarming for others. The last two sessions have given long-termers a great chance to add if you had any 'spare' and you jumped in around 251...ish. I'm sure you will be making some serious cash in the years to come if you stay the course. Last payment (Feb sales/ $22.4m) was on 24/5 shares down 17 to (267) on the day. Next will be for March sales on ($66.02) avop a touch better than Feb avop ($65.32). April avop was $72.11 so we'd expect a better monthly return. Good morning all.