Member Info for Lakshmi888

Devaluation once again o/n. Trouble is seriously brewing.....

https://www.cnbc.com/2018/07/03/asia-markets-us-china-trade-spat-stocks-and-currencies-in-focus.html

https://www.cnbc.com/2018/07/03/china-state-media-on-stock-markets-trade-frictions-with-the-us.html

Though US dropped o/n following yuan deval'n they once again rose (pumped) but this wont/cant go on indefinitely......

https://economictimes.indiatimes.com/industry/energy/oil-gas/india-has-plan-d-for-iran-oil-as-trump-adds-sanction-pressure/articleshow/64833079.cms

https://www.aljazeera.com/news/2018/07/aims-reduce-irans-oil-revenue-180702171030835.html

filled its gap o/n cos gaps always get.....!! *almost always:)

The $2 drop from Sun eve's open was filled quickly and new highs reached o/n.

Hereon, it begins to get a little precarious......but that said, oil is bullish and though techs show yet again it is overbought, oil doesnt care abt techs it wd seem....!

So much for Trump's attempt to manipulate the market and get his way............Moron. Moron. Moron.

https://www.cnbc.com/2018/07/02/trump-criticized-for-asking-saudi-arabia-to-raise-oil-output.html

30s is finally here.

As said 2 wks ago, Gold is bearish and if 1250 broke, gold was in trouble.

$ strength coupled with spiking usdjpy and now yuan devaluation as a consequence of the TradeWars are continuing to cripple the PM that was once classified as a safe haven but no more.

Not likely on this run, but wait until gold enters $800s in the future apparently........shd be fun!

Currently nearer $1200 than $1400 hey gold bulls?;)

Likewise, Pt and Ag have also been affected for reasons similar to above.

''World stock markets were mostly lower Monday, including U.S. stock indexes. While world trade tensions remain high, which is causing some anxiety in the market place, the gold and silver markets would rather act like raw commodities than safe-haven assets. Much of the raw commodity sector has been pressured in recent weeks by worries the trade disputes among the major economies of the world will curtail demand for many commodities.''

Have a great day all:)

Tired..............zzzzzzzzzz..................;)

a good eve all. Good day all round.....s/bets, UKOG/trades, and even the footie!

Have a fab eve :) Tatas!

*useless
*ultimatums
*markets

Don't say a darn word....you know who Im 'speaking' to.....just don't. Grrrr...................... ;-P

having mini uselless rallies since last week......no amount of ramping, pumping the FANG stocks, Trump giving XYZ ulimatums etc is helping.......marlets globally beginning to feel the ripple effects........

https://www.theguardian.com/business/live/2018/jul/02/tariff-fears-drag-markets-down-as-eu-and-trump-trade-blows-business-live

https://www.ft.com/content/81c44c3a-7d30-11e8-8e67-1e1a0846c475

https://www.cnbc.com/2018/07/02/asia-markets-us-china-trade-oil-stocks-and-currencies-in-focus.html

comes on and scores for Brazil :))

https://www.youtube.com/watch?v=XzGcQY9uIB8

Back to the footie, I mean err, trading.......hehe! Ahem...

fgs! *beg'g

Uh-oh............China's stock market down 22% since ebg'g of 2018....

https://www.bloomberg.com/news/articles/2018-07-02/relief-for-china-markets-proves-short-lived-as-yuan-stocks-slip

https://www.marketwatch.com/story/stocks-in-japan-china-slip-as-asian-markets-take-cautious-start-to-new-quarter-2018-07-01

Yeeeeay! Finally!

http://www.livecharts.co.uk/MarketCharts/ngas.php

Just banked profits from approx 3.00 on recent drop of NG to under 2.9.....talk abt taking its time....

Reached sprt level....may bounce here as per normal......add if rises.

Taken an eternity to reach here.....took an even longer period of time to rise from 2.6 to 3.0....Flipping Heck! Talk abt taking its time.....Patience paid. :D

Phase 2 begins here.......

Nice. Very.......:)

Slice slice....

Nighthawk, totally missed your post. only 3.5 hrs late! Ooops! Sorrrrree. Too busy iwth s/bets and getting insulted via other modes;)

Morning:) My thoughts on 88e are to be wary. I normally jump in for a trade on drops like this but even Im staying clear for now.....In all honesty it's a mix of an RNS with pis possibly over-reacting somewhat but then the likes of 88e and UKOG are bulit on pi sentiment moreso than the actual fundies tbh inc. volume/liquidity and it just hasnt been there following most of the Operations Update as of late.

I bought in last week on one of the drops and promptly sold out as not seeing sentiment/bounce/vol turnover.

I wld personally hold off yet. This requires a +ve RNS before it gets going (assuming it does) and there's nothing outstandingly 'great' /positive from the recnt Op updates to warrant a buy in yet.....aimho.

I guess the summary at the end says it all:

''88E Managing Director, Dave Wall, commented: "Ideally the Icewine#2 well would have delivered a stronger hydrocarbon flow rate and it is disappointing that this was not achieved; however, the Joint Venture has many positive takeaways from the well and remains confident about the potential of the HRZ play. Future evaluation of the large potential already identified is planned to be accomplished via farm-out and this process has already commenced.

The 88E team is also extremely busy maturing our conventional projects at Icewine, Yukon Gold and the Western Blocks and will provide an update on these projects in the near future."''

:D :D

Wow, a very old fave of mine. Not looked at it recently, more's the pity, but was one heck of a share for trading 12-24 months ago.

Possible Offer.

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=VED&ArticleCode=wk6j3opd&ArticleHeadline=Recommended_Possible_Offer_for_Vedanta_Resources

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=88E&ArticleCode=69wx0ub8&ArticleHeadline=Operations_Update

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=LION&ArticleCode=z7jbvzl3&ArticleHeadline=Mobile_Banking_Gold_Currency_Update&ahc=3rrouc8t

Situation is deteriorating rapidly....and the outlook isnt exactly favourable

https://www.ft.com/content/e2354d1e-7aea-11e8-bc55-50daf11b720d

Something needs to give soon US else a bear market will follow globally.....doubt Trump is going to allow that so highly expect intervention in coming weeks though will do little to help EEM's curent situation.....imho...

https://www.bloomberg.com/news/articles/2018-07-01/fate-of-trade-tiff-weighs-on-emerging-markets-as-mexico-votes

https://www.cnbc.com/video/2018/06/27/emerging-markets-seeing-a-perfect-storm-brewing-analyst-says.html

still getting thumped down

Dollar spiked up again and essentially showed two fingers yet again:))

Fed's lack on intervention and persistence to increase interest rates is at odds with Trump's goals and adversely affecting the markets until weakness of the $ begins to show............

https://www.afr.com/news/world/federal-reserve-and-dollar-hold-sway-over-febrile-market-landscape-20180701-h1237n