Member Info for JohnLewis79

The Dow ended a volatile week by climbing throughout the session closing up 575 points as the S&P shook off early falls to end ahead 42. All 4 major indexes posting ytd gains.

However since hitting 40,000 the Dow has dropped 1318 points (3%) underperforming the 500 and Nsdq by a wide margin due in part to poorly received earnings from some of its big constituents. On the big board top 30 only Caterpillar and Amazon ended the day down. Topping the leaderboard Salesforce, United Health, Big Mac and Boeing.

The Nsdq composite was little changed despite Nvidia falling for the second straight session the stock closed up $6 at $1102. Dell ($139) tumbled 18% despite matching Q1 forecasts. Dell has gained 122% this year one of many outperforming big tech stocks but worries over Ai server margins concerned investors. Nevertheless a FAANG portfolio has returned 22% this year.

Google +23%

Apple -0•4%

Amaz +18%

Nflix +33%

Meta +32%

Among retailers Gap ($29) leapt to one of the mrkts bigest days gains after topping profit and revenues expectations. The company also raised forecasts for the full year as all 4 of its brands blew past expectations.

On a more current note Trump Media & Tech ($48) fell 6% following his conviction by a NY Court. TMT is up 182% ytd but well off $66 highs. Trump owns 65% of the company valued at $9bn despite losing $327m on less than $1m in revenue.

Nyse data

Issues 2882

Advances 2208

Declines 624

U/c 50

NH 119

NL 38

T/vol(bn) 5•4

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

Close :- Vix 13. Brent $81.

Gold $2326. Copper $4•629.

Palm $1040. Silver $30•555.

Yen 157. Yuan 7•24.

$1•274. €1•174.

FF +27. DF +23.

Morning all.

It's worth remembering that last year's nos for comparison were impacted by the delays to the Vshorad £54m contract. Hopefully the finals will show a considerable improvement though we have heard nothing during the year to indicate good, bad or indifferent. So guessing is a waste of time.

Last year the finals were reported on Thursday 22/6 shares up 20 to 620.

I have a specific set of nos I'd like to see but don't feel confident enough to list other than the order book increasing to £200m plus. As the company carries no debt profits should in theory drop straight to the bottom line as long as no impairment charges surface to screw the nos. If so, should be plain sailing this year.

One bug bear, isnt it long overdue to join everyone else and get back to the Jan-Dec reporting timetable. Being different isn't a strong enough case to continue being different. I can see it might make sense to adjust the timings of reports to minimise negative seasonal differences but surely over time these average out?

Here's the nos. On a busy days trading the shares slipped 5p to close at 1000p but put on 75p over the week. There were a total of 108 bargains dealt on the 4 day week.

Wk

22

--

Sp 1000-1020

L/yr 540

High 1005

Low 443

07/88 113-121

11/20 120

Trds 108

T/vol 66,000

Buy nos 50,700

Sell nos 15,300

Buy % 77

Buy trds 87

Sell trds 21

Av trd 611

Ytd

Msi +16%

100 +7%

250 +5%

All +6%

Aim +5%

---

Evening all.

Sellers creeping out of the woodwork clipping daily gains. Little vols of 16,793 buys outpacing sells by 7:1 this morning on 21 trades.

Something rotten in the state of Denmark? Can you believe that Nvidia is now worth more than the entire ftse 100 (£2•18tn). Mind you so are Apple, Msoft and Google!

MSi is now in the "closed" period, thats 30 days before the F/y or H/y reports are announced which the company is obliged to make public. That means insiders are unable to trade in the company stock or make any information available.

There are exceptions to the rule but most won't apply to the average investor.

A second half buying spree pushd MSi to close at the high for the session yesterday (1010-1040). Be interesting to see if the stock can end the week at a new closing high on a shortened weeks trading.

By my reckoning the F/y nos are 3 weeks off but could come anytime soon. On the 12/6 it will be 6 months since the Chairman's last statement so there should be much to report.

Nyse data

Issues 2878

Advances 2130

Declines 658

U/c 90

NH 72

NL 46

T/vol(bn) 3•8

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

Latest :- Vix 14. Brent $82.

Gold $2343. Copper $4•634.

Palm $1040. Silver $31•090.

$1•272. €1•176.

FF +4. DF -2.

Morning all.

After 10 hours of deliberations a NY Jury found Trump guilty on all 34 felony counts of falsifying business records the first time a former US President has been convicted of a crime. Trump will be sentenced on July 11th facing penalties from a fine to 4 years in prison on each count.

It's unlikely he will do jail time but will lose his Real Estate license.

His criminal record will not stop him from contending the election in Nov and becoming the 47th President if elected.

This was a stunning set back for the real estate tycoon and reality TV star. In typical belligerent mood he said

"This was a rigged disgraceful trial."

US stock mrkts continued their way south for the 3rd straight session losing 966 points in the process though the majority of S&P stocks within the index gained yesterday. Mixed profit reports from big companies Salesforce and Kohls dragged the indexes down.

However bright spots included Best Buy up 13% to $82 and Foot Locker gaining 15% to $26 after reporting better than forecast sales nos. Best Buy missed on Q sales but bested eps forecasts and stuck with improving outlook.

The Dow slumped 330 led down by Msoft, Amazon, Merck and Salesforce though only 8 of the DJI posted losses. Gainers included Verizon, Home Depot, Honeywell and Nike. The Dow is called higher at open today, some relief for battered traders.

Morning all.

Hi Tav nothing to get excited about, upcoming results may have caught the attention of buyers but any rise is soon sold into....

Stocks fell yesterday the Dow sinking 411 points to it's lowest level in a month and 2% up this year. Only 2 of the DJI 30 posting gains. The 500, Nsdq and small caps all declined in an across the mrkt sell off, int rate sensitive utilities suffering the bigest declines.

After hours Salesforce ($228) a big board stock slumped more than 15% ($44) as results and 2Q forecast revenues missed for the first time since 2006. During the regular session Marathon Oil advanced 8% to $29 after ConocoPhillips said it would buy the company in an all stock deal worth $22•5bn.

American Airlines led the Declines falling 13% to $11•6. Its been a bad 5 days for the stock off 17% as strategic operational changes backfired. Among retailers Dicks Sporting Goods ($226) jumped 16% after lifting annual sales forecasts and Abercrombie & Fitch the up mrkt retail apparel store shot up 24% to $189 after reporting its strongest Q1 sales in its history.

On the economic front the main focus will be Fridays release of April's Personal Consumption Expenditure data which reflects changes in the prices of goods and services purchased by US consumers. Expected to rise to 2•7%.

Nyse data

Issues 2895

Advances 461

Declines 2380

U/c 54

NH 38

NL 86

T/vol (bn) 3•6

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

Latest :- Vix 14. Brent $84.

Gold $2333. Copper $4•742.

Palm $1040. Silver $31•995.

$1•269. €1•175.

FF -38. DF -350.

Morning all.

The last time share trades were settled in a day was 100 years ago. Yesterday t+1 went by without a hitch and will include Canada & Mexico exchanges. The Nsdq composite rose 99 to a new high of 17,020 on back of Nvidia stock rising $85 to $1150 a new record and 130% up so far this year as optimism over Ai continues to bedazzle investors.

Mrkts turned in a mixed performance yesterday the Dow falling 217 on profit taking and falls in healthcare. Main losers were Merck, Moderna, J&J, Amgen and Big Mac. Heading up Home Depot, Intel & Amazon. The majority of S&P stocks fell. Of note American Airlines ($13) slid 8% after slashing Q2 sales outlook and GameStop ($24) jumped 20% after raising $933m from a share offering. US Cellular ($48) climbed 12% after T-Mobile said it would buy the company valued at $4•4bn.

Investors also reacted to economic data showing US consumer confidence rebounded in May after 3 months of Declines yet inflation worries persist as the mrkt expects the Fed to hold rates for many more months.

Finally some of you may remember David Ella's book "Dow at 40,00" published in 1999. He was right as the Dow crossed 40,000 on May 17th this year, though he predicted 2016.

Nyse data

Issues 2892

Advances 988

Declines 1833

U/c 71

NH 127

NL 53

T/vol(bn) 3•7

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

Latest :- Vix 13. Brent $84.

Gold $2358. Copper $4•863.

Palm $1032. Silver $32•205.

$1•275. €1•175.

FF -42. DF -143.

Morning all.

Latest news and pics of the Terrahawk Paladin Air defense system on the MSi Web site or alternatively Google the above. Very impressive.

US markets were closed for Memorial Day to honour its deceased service men and women first instituted by Commander in Chief John Logan in 1868.

Stocks in SE Asia and Pacifica are generally mixed to lower in directionless travel. The Nikkei hit the days low of 38,756 as Autos and techs were sold. Conversely Steel and electric power companies were being bought on a day of directionless travel. In late afternoon the 225 had pulled back 150 trading down 50.

Shanghai and Hong Kong are little moved but the easing of restrictions in Shanghai boosted optimism about a recovery in China's property mrkts as cash down-payments are lowered. Chip makers extended gains following the creation of the largest ever chip investment fund worth US $47•5 bn aimed at achieving self sufficiency in the semi conductor mrkt.

In Sydney the mrkts are becalmed the ASX200 off 21 as its highly sensitive to US data as consumers reign in spending on weaker than expected domestic retail trade nos. In the mining sector goldies were doing well as the precious metal changed hands for $2335, Newmont and Northern Star sought by investors. However gains were offset by losses in banks, retail and healthcare.

Latest :- Vix 12. Brent $83.

Gold $2350. Copper $4•843.

Palm $1025. Silver $31•955.

$1•278. €1•175.

FF -5. DF +14.

Morning all.

Cheers scoredagain...

Apologies for the crappy presentation of wk 22 nos bloody lse threw a wobbly!

FF -5. DF -14.

Wk 22

-----

Stocks across Asia and Pacifica are trading higher this morning after positive returns from the Street on Friday led by tech and Nvidia topping earning expectations.

In Sydney stocks have recouped losses from Friday as the ASX200 climbs 63 led by gold miners, tech and financials. In Japan the 225 ended the morning session up 112 above the 37,800 level as motors and Banks were in demand. BOJ's deputy governor Uchida said while we still have a big battle to anchor inflation to 2% the battle of overcoming deflation is in sight.

Elsewhere it was a similar picture as bourses in Shanghai, Taiwan, KL and Seoul are all up responding to gains in the futures mrkts. The Hang Seng reversed 4 days of losses bouncing off a 18,505 low and is ahead 56 at the morning break as profits from industrials in China rose 4% y-o-y in the Jan-April period.

A Hong Kong court adjourned a hearing for a petition seeking liquidation of Kaisa Property Group stock for non payment of $750m 2023 notes. Currently the Hang Seng index trades at 18,734 up 126.

More economic data is due this week from the world's 2nd bigest economy as it releases its eagerly awaited official PM index nos on Friday. As China switches from property into Gold, Citigroup analysts forecast the Fed will cut rates multiple times by H1/2025 pushing prices to $3000.

Major Exchanges

(Latest)

------

Tokyo +192

Shanghai +17

Shenzen -4

Hong Kong +155

Taiex +227

Kospi +15

Asx +64

Latest :- Vix 13. Brent $82.

Gold $2339. Copper $4•776.

Palm $1015. Silver $31•025.

$1•274. €1•174. 10ytb 4•470.

FF -5. DF -15.

Morning all.

Wk 21

MSi

Sp 930-960

Value £160m

-----------

5D -2%

1m +7%

3m +9%

Ytd +12%

1yr +120%

--------

Yield 3%

P/e 30

Eps 31

Div 15

Float 7m*

* in public hands

Morning all.

Scoredagain....your last 2 posts lost me. Please explain.

Wall St goes t+1 from Tuesday

which means settlement of trades will take just 1 day instead of the 2 which has been the case since 2017. Allowing investors to get their money quicker should help with liquidity and reduce the chances of defaulting.

Currently in the UK we are t+2

So won't be long before we fall into line with the US.

Nyse data

Issues 2872

Advances 2046

Declines 740

U/c 86

NH 101

NL 41

T/vol(bn) 3•0

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

DJ +4 (39,070)

SP +37 (5305)

NS +185 (18,808)

R2 +12 (1321)

WTI $78

10ytb 4•470%

-----------

MSCI(W) +16 (3462)

Gold Bugs +4 (276)

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

Close :- Vix 12. Brent $82.

Gold $2333. Copper $4•759.

Palm $1015. Silver $30•540.

Yen 157. Yuan 7•24

$1•274. €1•174.

Morning all.

Another mediocre week for MSi, shares falling 50p on buys outpacing sells by 1•45:1 on 95 bargains dealt. With less than a month to go to the f/y results there's a reasonable chance the stock will hit new highs (1005) which might prove to be the most important for MSi in many a year.

Sp 930

L/yr 442

High 1005

Low 443

7/88 113

--------

Trds 95

T/vol 76,600

Buys 45,400

Sells 31,200

Buy% 58

Av trd 810

---------

Ytd

MSi +12%

Aim +5%

100 +8%

250 +5%

All +7%

-------

Gold +13%

Oil +6%

Palm +9%

--------

Evening all.