Lloyds Banking Group Plc (LYG) [NYSE] Across the pond closed 1.52 usd + 0.0700 cents (+4.83%) Currently trading above the 14 Day RSI @ 50% 1.46 usd Resistance 1. ................1.5367 usd Resistance 2..................1.5533 usd 3-10 Day MACD Stalls....1.6014 usd (means take some chips of the table) (L I month High ................ 1.70 usd
LLoyds (LLOY.LN) Currently trading above the 14 Day RSI @50% ... 30.724p (Stays above its TREND is upwards) Resistance 1...................... 32.537p 3-10 Day MACD Stalls........ 33.234p Resistance 2...................... 33.258p Price Crosses 40 Day Moving Average .....34.394p 1 Month High ...................... 35.760p.
Algorithmes change daily, the main number to watch is the 14 day RSI @50%. gla lloyds investors and traders.
Posted Lloyds algorithms on Sunday and FTSE 100 algo's, both were removed. However, I have noticed many none lloyds related posters latch onto Lloyds related posts. I guess it's tactics, in the hope that the thread will remain.
Good to see lloyds getting traction. Lots of ups and downs ahead in the little europe, big world, big Britain.
I've read many comments over the past weeks with some posters declaring. "fill your boots if Lloyds reach 28p. I'll fill my boots when Lloyds reach 25p. I'll buy when Lloyds are below 20p.
I can't recall the shout of many ppl setting BUY ORDERS around 28p, nor do I hear BUY ORDERS set at 25p OR below 20p, but I suppose that gives plenty of wriggle room....just waiting in the wind and in the meantime it's license to spout "I hate Boris politics" .
LSE, how come "I hate Boris politics is allowed" when in the past pro Brexit support was deleted on a daily bases ?
gla....we are going to need it. It's time to change Corporate tax avoidance. There are NO loopholes with offshore tax avoidance. Tax havens are part of the unjust system that ALL governments, past and present are guilty of.....could be sorted out, if our sin-isters took their heads out of the troughs.
Hi Nige, thanks for your take on the many upcoming headwinds. My son works in Risk Finance and at this present moment, working full time from his rental in London until August. Then he will move back to head office which is next to the London Shard.
I think you are right about many ppl could/can/will work from home in the future. I'm not so sure that London property will take any great knock as real estate is real currency and world currencies are all losing their value unknowns to the general public....However having said that markets will exhaust every opportunity to make profits short or long, so builders could see huge volatility over the next 12 months.
I personally think London prices will increase by leaps and bounds over the next five years. It will continue to attract high net worth individuals to invest along with sovereign wealth funds, which already own 54% of London prime real estate addresses. (Places like Islington are now quite trendy & receiving a lot of interest) hope I'm not trying to convince myself to invest....lol
The B..x.t word......best left alone on chat boards, but yes headwinds.
The Shires....agree, good location in towns or countryside. Thanks Ben1 for the heads up and will lookout for the update today.
Hi ERV, thanks for the Malaga information. All very helpful making investment decissions due to so much media drivel. If TW re test 130p I will add big time.
Also looking at buying London property for our eldest son who works in the city. We will have to lend or buy half the value of a two bedroom. Youngsters have bery little hope to put a foot on the ladder without the bank of Mum &Dad.
There will be massive write downs, as business revalue assets and make provisions in the billions. Royal Dutch Shell Q1 statement by the CEO more or less said, ....we do not know if the assets will hold their value going forward (approx 2 wks ago)
RE: "AHO board bashers here ever take a peep at other banks performance in the UK" I couldn't agree more.....I used to trade BNC Santander from 700p ish down to 320p ish and back into 500p trading range. After a quick look on the LSE site a few weeks ago, to my horror BNC was trading below 170p which is below the bleakest trading day at the height of the financial crisis in 2008/09. I'm not currently invested in bank stocks and hold no positions in any other bank stocks. gl to everyone invested in the banking sector.
BoE Mulls Negative Interest Rates17 May 2020 12:22
Bank of England chief economist Andy Haldane hints rates could turn negative. Haldane also hinted that the BoE might buy lower quality financial assets under the central bank's bond buying spree.
This will hinder banks ability to lend to UK business and will hurt rather than help the economy as proven in Japan. The country is potentially facing its largest ever down turn in nearly 300 years thanks to China. Governor Andrew Bailey has now declined to rule it out.
Analysts now expect the next QE programme of 645 bn pounds, most of which is spend on British government bonds.
Time to live within our means and MP's need to lead by example....lol, another 10k to stay at home with slurp 'n' turf gardening.