Member Info for Just_My_Opinions

Sorry that post made no sense RDR... I mean the earnings of many of the companies are not good enough to justify the rises yet. May of them are trade above their discount to future cash flow, so the ability to achieve the values they are trading at has to come from big growth in the global economies.

But having done more digging it now seems that a White House official is the main reason for today's drop, when he contradicted Trump's feel good statement about China.

So looks like the market overreacted to Trumps tweet on a deal.

A White House official cooled the mood on the China trade deal by saying there's still a long way to go. That's not true, they're not close to a deal.

https://youtu.be/BgE-egg_6t0

The Dow has another Gap to fill @ 24,878.1
https://www.tradingview.com/x/FXUV19aY/

The FTSE has a gap to fill at 7045.1
https://www.tradingview.com/x/nBi6W6ej/

The markets are selling off again. The DOW, CAC 40 and FTSE all closed this mornings gap... and are now continuing the descent. The black line on the top box of each indices chart was the gap to fill.

The DAX hasn't quite got their yet, but I think it's coming.

https://www.tradingview.com/x/FA9ygSZc/

RDR,

The markets are overvalued on current fundamentals mate. The economy is good, but the earnings not good enough to justify many (not all the earnings) at least yet.

When the worlds biggest company by market capitalisation reports poorer than expected figures it gives the perma bulls a heart attack and some of them rush for the exit.

It's a highly levered stock with the highest Beta Volatility on the FTSE. It behaves more like an AIM stock than a FTSE stock at times lol

I took my eye of Glen for a while as was busy with the Indices and FX... could have got in on the long.

The two hour's now saying short on the wave trend oscilator, but sometimes it's a bit early... so it could stick two fingers up to that temporarily... if the 8/34 DEMA crossover turns negative too, that's more convincing.

Screw it I'll open a small short anyway.

The indices have dragged Glen down.. the Gap up on them was always an attractant for profit taking. I'm not trading Glen just now, I'm trading these three, just closed a few shorts.

https://www.tradingview.com/x/HrOt7zlE/

Glen's 2 hour isn't negative yet, but it's close to it. RSI was overbought, WTO overbought (almost negative) and there's a gap to fill at 304.45p, this morning's gap has just been filled. But as we've seen before there's no guarantee that the 304.95p gap will be filled any time soon. (arrow)

https://www.tradingview.com/x/bZDwPpJT/

Yemen is a disgrace Snige, and we say nothing due to the money our country gets from Saudi Arabia. 100% I agree that lives of innocent people are more important than fecking jobs.

I say we stop supplying the Saudi's with arms, and we take the hit. Some will go on the dole temporarily, some will find other jobs... ultimately we'd recover. And I don't want the UK to have Saudi as an allie if that means Wahhabi salafism being preached in British mosques, ultimately putting the lives of innocent British citizens at risk.

In my opinion the West invaded the wrong country.

Is Theresa May stays on as leader after her Brexit treachery, I don't care what the polls say... there's a very good chance Labour wins the most seats. Not a majority, but enough to try and form a minority government or coalition. And who do you think they will try to do that with? Then SNP of course on the basis of granting the SNP a second referendum.

Which might for once work out better for Scotland, when Labour sinks England financially and culturally with half the 3rd world invited in... the Scots could jump ship before it sinks... all being the Scots are attached to the ship, and the Scottish captain is a Cultural marxist too.

https://www.independent.co.uk/news/uk/politics/scotland-immigrants-cash-money-moving-brexit-nicola-sturgeon-andrew-wilson-scottish-independence-a8369786.html

Yeah about 5000 of them... But some people also massacred over 1 million in Rwanda... but Rwanda didn't have oil so no democracy needed to be delivered there.

Gap filled on the Dow. The DAX and CAC 40 have yet to fill their gaps. Might be a short term dead cat bounce and into the red for a while. Will add at 1% intervals if needs be

Shorts closed, opened 1st tranche on 3 longs. Volatile market, so in small with more Ammo if it stick two fingers up to the longs.

https://www.tradingview.com/x/mjAYz98C/

"However if cross party support felt it's such an important decision then this would equalise itself if a GE was called."

Snige,

What do you mean by that exactly? You think if all the parties unanimously agreed that Brexit was a bad idea and voted against it that would somehow neutralise the will of 17 Million people? hahahahaha

The arrogance of the left never fails to amaze me :-)

3 shorts running on the DAX, CAC and Dow

https://www.tradingview.com/x/OKv07Zsb/

Yeah these electric cars are very clean, just not the power stations producing the electricity to power them, or make them.

Asperger,

Assuming you have ASD, going by the username... it might be difficult for you to comprehend that other topics can be indirectly related to the LLOY share price. And no that's not a dig, my son has ASD. He thinks in black and white terms, he finds it difficult to think outside the box too.

The political party leading the UK is very much relevant to the LLOY share price. It's economic policies could obviously affect the share price. And if you haven't noticed, politics has changed dramatically... it's Left vs Right for the foreseeable future hence the discussion.

Those hiding behind it as not on topic just because they don't agree with the opinions are pathetic.

The posts always seem to be deleted when Snige is around. Typical leftist, when they have no answers they try to censor.