Member Info for Lakshmi888

b/w China and US continues...

https://www.bloomberg.com/news/articles/2018-08-06/china-prepared-for-long-trade-war-with-u-s-state-media-says

''China is prepared for a “protracted war” and doesn’t fear sacrificing short-term economic interests, according to an editorial in the nationalist Global Times on Sunday evening. “Considering the unreasonable U.S. demands, a trade war is an act that aims to crush China’s economic sovereignty, trying to force China to be a U.S. economic vassal.”

They cant both keep on increasing tariff rates....one day they'll both grow up and actually talk to each other....

UsdCnh currently up with yuan being since European open (and hitting gold in turn).

China's economy is being hit hard though....

https://www.cnbc.com/2018/08/06/domestic-issues-not-trade-war-are-chinas-top-priorities-ts-lombard.html

Change of luck wldn't do it for the LTH. The sp at this level c.f 2p-ish a few months ago?? Need a lot more than luck unfortunately for those still holding. GL to them....

Not a case of luck with AST......more to do with fundamentals and management.....or lack of since last year.....only ever been good for trading since....

Not in, on watchlist, seeing how it pans out for now....

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=OEX&ArticleCode=zaxv2i27&ArticleHeadline=Expiry_of_Unlisted_Options

All:)

Hopefully a less volatile week news-wise coming up! GLA:)

''A bit more of a sell off??''

There hasnt been *any* sell off?? All the indices have done is gain in past 24 hrs since Trump's annoucement ie NQ up 200 points yday and holding those gains even now....and SPX up from 2790....

That means the indices are going to the moon!

Didn't you know? Warfare, trade wars, currency war,...it all adds to indices rising...................!!

Algos currently are maintaining the indices pre-US open....

https://www.cnbc.com/2018/08/03/china-reportedly-says-it-will-retaliate-with-tariffs-on-60-billion-in.html

US said they wld up tariffs from 10% to 25%. No sell off on US open yday.

China retailiates...will start becoming the 'norm'....like NK did several months ago.......

2 mins until lift off............or with some luck, tanking.....not holding breath.....;)

In theory, shd sell off this afternoon based on this NFP data.

*If* they don't, I give up!!

Total Farce....Total Manipulation................. Total '85'.......

bouncing on that poor data and from lows of $1204 this morning......:)

Wow! Huge miss on job numbers:

''Change In Nonfarm Payrolls (Jul): 157K (est 193K, prevR 248k)

Unemployment Rate (Jul): (est 3.9%, prev 4.0%)''

''Average Hourly Earnings (M/M) (Jul): 0.3% ( est 0.3%, prevR 0.1%)

Average Hourly Earnings (Y/Y) (Jul): 2.7% (est 2.7%, prev 2.7%''

Let's see how markest react on open. In theroy 'should' be down but you never know with the US indices anymore.....

Lol! Precisely my thoughts;) Always the first to achieve anything (good/positive).

#Supposedly :)

Irony: Steve Jobs father was an immigrant from Syria (muslim). Imagine if he had been banned at that time from entering the US. There wld be no Apple.....!

Up another 17%.......now hitting the 0.2xs.....

Treacle, no idea what the hoo haa over Apple reaching $1T is.

Dutch East India Co, South Sea co, Petro China, GE and Saudi Aramco achieved this a long time ago....!

http://time.com/money/5282501/apple-trillion-biggest-companies-in-history/

Apple needs to be quicker to the next milestone;)

At yearly lows of $1204

Levels of 1185-1195 if gold doesn't bounce following NFP data...or that cld be the very factor that takes it lower. Who knows which way it's going to go.....

Shd NFP be a miss, this wld be the one factor tht cld take indices down and gold up. If only.....

http://www.mining.com/gold-price-18-month-low-us-investors-sour-bullion-etfs/

http://www.theweek.co.uk/95325/what-is-the-price-of-gold-and-why-is-it-falling

'Unlike a bond, the metal pays no interest. There is no dividend. It may not protect you against the worst forms of inflation, which are often in health care. And there is no implicit guarantee that it will appreciate in value,”.....

So much for its safe haven days....

having lost approx $3 since Wed got a massive short squeeze yday and rose over $2 in line with SPX...

Seems some not playing ball with Trump's request re Iranian oil sanctions:

https://oilprice.com/Latest-Energy-News/World-News/Indias-Oil-Imports-From-Iran-Jump-To-Record-High-In-July.html

https://www.bloomberg.com/news/articles/2018-08-03/china-is-said-to-reject-u-s-request-to-cut-iran-oil-imports

Looks like Iran issue is going to be the next big thing hitting markets pre-Novemeber...markets will definitely get hit then....most likely following ATH of the indices (SPX, NQ).....

*made it the world's first $1T company.

TGIF.....

Finally hit the $1T mark (first reports were incorrect at $202) but fianlyy at $207 helped by a massive ramp of the shares by another 3% on the day made it the wordl;s frst 41T company.

https://www.bbc.co.uk/news/business-45050213

Strange as it didnt even hit all its targets....but hey ho....what does that matter?!

However, this was based more on ramping/sentiment yday than any fundamental aspect and so one wld envisage this to drop imminently imho....

In addition, there's a sign't gap below on its chart that simply needs to be filled.....soon-ish.....:)

https://www.cnbc.com/2018/08/02/apple-hits-1-trillion-in-market-value.html

https://money.cnn.com/2018/08/02/investing/apple-one-trillion-market-value/index.html

Darent even post this one:

https://www.cnbc.com/2018/08/02/cramer-apple-hitting-1-trillion-matters-for-the-broader-stock-market.html

Yes, Treacle, it did :)

As expected and posted yday, US did what it does best. Ramp.

US indces undid all of the losses from overnight following Trump's annoucement with NQ gaining almost 200 points and SPX gaining 42 points from the lows.

Dax hardly moved and Dow so-so. SPX and NQ seem to be where all the ramping is undoubtedly helped by Apple's ramping to make it the first $1T company......

https://www.cnbc.com/2018/08/02/us-markets-trade-concerns-resurface-and-earnings-due.html

''The S&P 500 advanced 0.5 percent to 2,827.22, while the tech-heavy Nasdaq jumped 1.2 percent to 7,802.69. The Dow Jones Industrial Average closed just 7.66 points lower at 25,326.16, nearly erasing a 200-point loss.''

No selloffs....just continuous gains, rises, ramps...blah blah blah.....

The biggie today.....190,000 expected...shd achieve....seem to have lowered their expectations....most likely in order to ensure they hit target.....:)

https://www.fxstreet.com/news/us-nfp-and-uk-services-pmi-amongst-market-movers-today-danske-bank-201808030711

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=88E&ArticleCode=2451r02q&ArticleHeadline=Corporate_Presentation

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=KOOV&ArticleCode=wk1vt3b3&ArticleHeadline=Issue_of_Equity_and_Total_Voting_Rights

Issue of Equity....now touching ~13p....

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=SEE&ArticleCode=ouq4bd84&ArticleHeadline=Year_end_trading_update