Member Info for JohnLewis79

Latest:- Vix 13. Brent $78.

WTI $74. Gold $2083.

Copper $3•882. Palm $960.

Silver $25•835.

$1•267. €1•166.

FF -11. DF -24.

Most Asian mrkts opened lower this morning with the Nikkei 225 showing the bigest fall off 230 at close of business.

In a surprise move a Hong Kong court has delayed the winding up of Evergrande for the 8th time to Jan 29th. Shares in the company which have lost over 80% in value rose 9% on the news.

The indebted property company facing liquidation will continue restructuring talks with creditors. At the last count Evergrande had outstanding liabilities of $327bn.

Morning all.

DJ +295 (36,245)

SP +27 (4595)

NS +50 (15,998)

R2 +34 (1205)

WTI $74

10 ytb 4•200%

MSCI(W) +10 (3024)

Gold Bugs +4 (245)

Close:- Vix 13. Brent $80.

Gold $2072. Copper $3•919.

Palm $960. Silver $25•895.

$1•271. €1•168.

Yen 146•8. Yuan 7•088.

FF +1. DF +17.

Morning all

What looked like a quiet day for MSi holders at lunchtime perked up later as buyers noted the H/Y nos were due next week and picked up stock ahead of expected good news pushing the shares up 65 to close the week at 817p.

In last years H/Y report the Chairman's comments were hardly inspiring for investors as no news of contract wins were forthcoming. Reports the company had incurred substantial costs due to relocating production facilities to Norwich dampened enthusiasm, nevertheless the shares closed up 90 at 417p on the week.

A reminder of the 2012 nos.

Rev £42m

Pbt £3•5m

Eps 17p

Div 2p

Cash £23m

Wk48

----

Trds 80

T/vol c.61,700

Buys c.39,250

Sells c.22,450

Buy% 64

Av trd 775

Ytd

---

MSi +23%

Aim -14%

Ftse +1%

All -1%

250 -1%

Evening all.

The Dow closed at its highest level since Jan 2020 surging 520 points yesterday for a monthly gain of 2898 points (8•75%). Investors have been waving their banners and flags all round Wall, cheering one of the best months in stock market history. However the Dow's all time closing high remains intact at 36,799•65. Inflation the bugbear for most of this year is no longer considered a major headwind for equities which look set for a strong finish to 2023.

Yesterday's rise has taken the Dow into positive territory for the year up 8•46% well behind the 500 and Nsdq respectively up 19% and 46%. On the Dow 30 Salesforce, United Health and Boeing topped the leaderboard while Intel, Chevron and Wallmart propped up the laggards.

--------

Nyse data

Issues 2934

Advances 1786

Decliners 1038

Un/c 110

T/vol (bn) 5•4

---------

DJ +520 (35,951)

SP +17 (4568)

NS -40 (15,948)

R2 +3 (1171)

WTI $76

10ytb 4•335%

MSCI(W) +10 (3024)

Gold Bugs u/c (241)

Latest :- Vix 13. Brent $81.

Gold $2043. Copper $3•850.

Palm $960. Silver $25•720.

$1•264. €1•159.

FF +42. DF +21.

Morning all.

DJ +13 (35,430)

SP -4 (4551)

NS -23 (15,988)

R2 +4 (1168)

WTI $78

10ytb 4•279%

MSCI(W) +1 (3014)

Gold Bugs u/c (241)

Latest :- Vix 13. Brent $83.

Gold $2044. Copper $3•838.

Palm $955. Silver $25•380.

$1•270. €1•157.

FF +14. DF +140.

NYSE data.

Issues 2946

Advances 1887

Decliners 987

Unc 72

T/vol (bn) 4•41

Morning all.

DJ +84 (35,417)

SP +4 (4555)

NS +48 (16,010)

R2 -6 (1164)

WTI $77

10ytb 4•291%

MSCI(W) u/c (3015)

Gold Bugs +10 (242)

NYSE data:-

Issues 2944

Advances 1437

Decliners 1393

Unch 114

T/vol (bn) 3•6

Latest :- Vix 13. Brent $81.

Gold $2046. Copper $3•845.

Palm $972. Silver $25•010.

$1•271. €1•155.

FF -15. DF +70.

Morning all.

US mrkts were in breather mode as equities edged lower, investors taking a post Cyber Monday pause from tramping round the shops. On line deals are expected to entice shoppers to spend a record $12bn during Thanksgiving a record for the US consumer whose main job is to keep the US economy afloat.

Among the 11 major S&P sectors healthcare and industrials had the largest drops with real estate gaining the most. Among stocks online retailers saw the most footfall with Affirm Holdings ($29) up 12% on their "buy now pay later" platform attracting customers. Etsy($73) and Shopify ($74) were in demand gaining 3% & 6% respectively.

The major indexes were little moved some investors fearing Santa has come and gone this year. However traditionalists think Santa arrives in the last week of Dec through to Jan 2, so there's hope for a strong start to the new year. Statistically the mrkt has had a Santa Rally 76% of the time since 1950.

NYSE business volume:

Issues 2698

Advances 1202

Decliners 1654

Unchanged 112

T/vol (bn) 3•4

Latest :- Vix 13. Brent $80.

Gold $2017. Copper 3•749.

Palm $975. Silver $24•625.

$1•263. €1•153.

FF -4. DF +34.

Morning all.

Good to see a few sellers appearing locking in profits I assume. Strange one sees sellers ahead of results that are expected to be good if not spectacular (h/yrs rarely are) and on the basis of best not be disappointed let's take the money. Probably do the same myself if so minded....which i'm not at this stage in the "3rd" evolution of MSi. Expect considerable company news this year on the "war" front and perhaps a reorganisation of sorts.

After opening better Tokyo is modestly lower falling below the 33,600 at the mid session break. Declines in Softbank, Honda, Toyota & Nissan set the trend in pm trade reversing early gains partially offset by tech and financials being sought. By the close the Nikkei was down c.185.

Australia is trading notably lower this morning as iron ore and miners are sold taking the ASX200 down to its 6994 low for the session led by heavyweights BHP & RTZ. On the year so far the ASX200 is 1% negative.

Goldies buck the trend with gains seen in Gold Road Resources and Evolution mining. Bulls of gold are hoping for a Santa Rally extending into the new year as Gold has started the week breaking through the $210 resistance up $9 to $213.

Finally traders and investors await key economic data from the US, China & Europe as to interest rates and inflation due this week. Dealers will note Mondays futures weakness in London and NY before opening new positions. Wall St clients of IG are 78% short the Dow and 63% long the ftse.

Latest :- WTI $75. Brent $80. Gold $2011. Copper $3•775. Palm $972. Silver $24•715.

$1•260. €1•151.

FF -26. DF -66.

Vix 14.

Morning all.

Ftse All Share (unofficial) index ranking as at 17 Nov 2023.

1 Shell £174bn

2 AZ £159bn

3 BHP £124bn

4 HSBC £121bn

5 Ulvr £96bn

543 MSi £128m

556 S/cap entry £111m

613 Altitude £28m

Another quiet trading week. Volumes and deals less than last week. The share price remains static awaiting the H/Y nos. Whether they will be good enough to move the sp is debatable in these horrid small cap mrkts.

US aero/defence index

1706 (+1%) ytd.

----------

Wk 47

Spread 750-790

Deals 33

T/vol 20,400

Buys 9,740

Sells 10,660

Buy% 48%

Sell ratio 1.9:1

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

Ytd

MSi +16%

Aim -14%

Ftse +•49%

All u/c

250 -2%

----------

DJ +7%

SP +19%

NS +46%

R2 +1%

--------

TK +29%

HK -11%

SH -2%

AS u/c

--------

In holiday shortened trading Wall St stocks ended mixed to better on the session logging their 4th consecutive wkly gain as investor optimism rises for a Santa Rally. The Dow, 500 & small caps closed in the black column.

A survey by NRF a US retail trade group showed US shoppers are planning to spend an average $875 on holiday purchases some 5% up on last year. Next weeks economic data includes estimates for Q3 GDP on Friday the Personal consumption expenditure report and new and pending home sales out next week.

Gold rose $22 last week its 2nd consecutive week in positive territory and enters its best seasonal period of the year. In the last 6 years gold prices in Dec have seen an average return of 4%.

NYSE trade data

Issues 2882

Advances 2040

Decliners 730

U/c 112

T/vol (bn) 1•6

DJ +117 (35,390)

SP +3 (4559)

NS -19 (15,982)

WTI $75

10ytb 4•471%

Close :- Vix 12. Brent $80.

Gold $2004. Copper $3•790.

Palm $972. Silver $24•385.

$1•260. €1•152.

Yen 149. Yuan 7•10.

FF +2. DF u/c.

Morning all.

DJ +185 (35,273)

SP +18 (4557)

NS +68 (16001)

R2 +6 (1168)

WTI $76

10ytb 4•462%

MSCI(W) +5 (3005)

Gold Bugs u/c (226)

Latest :- Vix 13. Brent $81.

Gold $1994. Copper $3•770.

Palm $965. Silver $23•725.

$1•253. €1•150.

FF -22. DF -12.

Morning all.

Wall St closed yesterday for Thanksgiving holidays.

NYSE data yesterday.

Issues 2952

Advance 1813

Decline 1012

Unch 127

T/v (bn) 3•04

DJ +185 (35,273)

SP +18 (4557)

NS +68 (16,001)

R2 +6 (1168)

WTI $76

10ytb 4•412%

MSCI(W) +5 (3005)

Gold Bugs +1 (226)

Latest :- Vix 13. Brent $81.

Gold $1997. Copper $3•764.

Palm $980. Silver $23•735.

$1•250. €1•147.

FF +13. DF +9.

Morning all.

Inevitably the rally in equities ran out of steam on profit taking after hitting their highest level since August. The 500 and Nsdq snapped a 5 session win streak ending little changed by close.

Policy makers on the hill, wrestling with conflicting signals agreed to proceed with caution keeping Fed Funds rate at 5•25%, in part due to house sales tumbling to the lowest level in 13 years. Despite the high level of rates and cost of living expenses 40% of US citizens own their own home outright.

Retailers suffered the brunt of selling, Lowes sank 3%, Best Buy dipped 2% but Dicks Sporting Goods bucked the trend rising 2% on stronger profits and revenues in Q3. Overall companies on the S&P 500 are on track to deliver their first y-o-y growth in earnings per share in a year.

Gold had a strong day with gains over $20 in physical and futures fixed at $2001. Currently Gold ($1999) is 9% ahead this year but off its all-time high of $2085 last seen in May.

On the NYSE

Issues 2922

Declines 1884

Gainers 943

U/nc 95

Vols(bn) 3•5

DJ -63 (35,088)

SP -9 (4538)

NS -93 (15,934)

R2 -14 (1162)

WTI $78

10ytb 4•419%

MSCI(W) -5 (3000)

Gold Bugs +6 (225)

Latest :- Vix 13. Brent $82. Gold $1999. Copper $3•782.

Palm $970. Silver $23•835.

$1•253. €1•149.

FF +3. DF +23.

Morning all.

Wall's 3 major averages closed higher on Monday led by a rally among technology heavyweights. MSOFT hit a record high of $378 after hiring prominent Ai executives setting the tone for other large tech issues.

The S&P info tech sub index ended 1•5% higher and was the top gainer among the 11 sectors. On the big board top 30 stocks Boeing, Intel and Salesforce led the risers. Trading volumes were thin ahead of Thanksgiving holidays on Thursday and economic news is limited to the issue of the Fed's Nov meeting minutes.

Black Fridays annual shopping 'non event' where deals are thin on the ground unless your quick could gauge the state of consumer spend. Early risers will find some staggering deals on offer, £140 off a play station 5, ebay is knocking 40% off all Dyson products and X boxes are at their lowest ever price (£360). However Which? dampened the festival mood noting only 1 in 50 Black Friday deals are at their cheapest on the day of sale. Savvy shoppers will be ahead of the game.

A good day on the NYSE where bargain hunters were buying oversold counters in unloved sectors (oils).

Issues 2951

Advances 1784

Decliners 1067

Unc 100

Vol (bn) 3•64

DJ +203 (35,151)

SP +33 (4547)

NS +189 (16,027)

R2 +5 (1176)

WTI $77

10ytb 4•402%

MSCI(W) +20 (3005)

Gold Bugs u/c (219)

Latest :- Vix 13. Brent $82.

Gold $1991. Copper $3•812.

Palm $950. Silver $23•820.

$1•253. €1•143.

FF -2. DF +3.

Morning all.

Asia traded mixed on opening to wk 47 as the USD recorded its worst week in 4 months the 10ytb hitting a 2 month low. Oil jumped nearly 4% on Friday to $81 but 6% down ytd. Gold where retail investors maintain an overwhelmingly bullish bias traded flat at $1983 but most 'goldies' see bullion rangebound around current prices.

Stocks sought direction in lack'lustre trading the Nikkei closed off 197 after reaching a 33 year high (33,853) early in the session. Further east HK and Shanghai rose on local factors while across Pacifica and Australia dealers remained on the sidelines with little incentive to trade in mrkts hoping for a Santa Rally to close out the year.

Latest :- Vix 14. Brent $81. Gold $1981. Copper $3•746. Palm $950. Silver $23•710.

$1•248. €1•143.

FF -10. DF -28.

Morning all.

I'm thinking early Dec the board will announce how the proceeds will be distributed to shareholders. I'd also expect some news on how the company intend to invest the balance.

No doubt an acquisition will be on the cards once we're in a debt free position. I have no wish to see Gama pile on debt in a rush to buy revenue.

DJ +2 (34,947)

SP +6 (4514)

NS +5 (15,838)

R2 +13 (1171)

WTI $76

10ytb 4•440%

MSCI(W) +12 (2989)

Gold Bugs -2 (219)

Close :- Vix 14. Brent $81.

Gold $1982. Copper $3•734.

Palm $970. Silver $23•775.

Yen 151. Yuan 7•21

$1•246. €1•142.

FF +3. DF -27.