Member Info for LuckyLuciano

This is a joke....
http://www.custeel.com/en/csi.jsp

Rbrand to sum up things is a mess out there....everything is disconnected and all the old school economics are out of the window. In a sense though it all has a logic, these is too much money going around for it to follow the assets that should go up, hence everything is going up even if at different speed and timing. If one has the crystal ball to know which direction takes the flow of money would be billionaire. Of late the investments transition from stay home stocks to cyclical and re-opening of economies has been hampered by India and Brasil situation with covid. In between we have cryptos that imo are taking away the shine from gold (I am thinking to buy some Ethereum for long hold). Another factor that I ear little talking about are bonds. Lots of talking about monetary easing and Fed printing but if fixed asset funds start to sell bond due to low yield, where do these money go? To inflate assets even more? The bond market is worth several trillions $. Anyhow look at toady disponing new jogs number ...a blip for the indexes possibly manipulated in premarket hours. If that is the case I would expect some sell of neat close of trading also because is Friday.......but theses days looks like is everyone guess.

Kind of wish I was still holding them now!....what about that for an understatement?
I remember buying 25K of GPK in 2009 for 5.5p end up to reach past £4...obviously I was out much earlier. How NOT to become a millionaire.

Bobbyreg anyone down side is how much cash you are investing, which is also the upside. My problem is not fear but greed.

Hi PlanetsAligned
sure lots of money around need allocation , they are intended to pay down debits but with rate so low this is for another day, and institutions and also retail investors are spending and some also investing. One thing that I am starting to realise is how 360 degree as become the investment scenarios.....Central banks are now powerless with their rate policies all they can do is rise rate from zero at their peril....Is down to market forces now to regulate prices and looks like many stocks are going to be supported by commodities indexes and the money flow. This is why some indexes are rising more that others. The Nasdaq components sell goods that are subject to consumers spending and have no future index support, I mean you can't buy iPone future so the price is tightly bound to price competition. With commodities is different...So long as this commodities price inflation doesn't rise too fast this could really become a commodities supercyclice.

well if technical rules apply to this share as well, lets go past 159p and the sky in the limit....it may just combine with H1 fantastic results on the 27th May. I am looking at Fxpo sp rising on relatively small volumes now that also its sp have passed all time higher.....

onlyprofit the right reply to your question is :
depending on your time frame of investment. I tried to trade Fxpo like many other shares in my portfolio possibly out of greed with mixed results. Among my holding possibly this is the least suitable share for trading. So if you question is : If I buy now will Fxpo sp go higher in the future? The answer imo is 100000000% yes. Only thing to watch is Putin which may give a small short term correction to the sp, but possibly will never be a real denger.

yes possibly I am more of a quick correction ever so difficult to predict. Also another possibility is a simple readjustment....I see in the last month Nasdaq down and S&P high and DWN even higher....Stay home stocks drifting lower and that cash going into cyclical and commodities stocks, most making an all time higher.

Yes TBTT just noticed a 1million share damped yesterday after trading hours.
And yet sp creeping higher and higher. They seller may be looking at some technical and been THS near all time higher sell been triggered..

the longer the current pgm basket price lasts.....
On this matter I am now starting to believe in conspiracy theories.
Have been aware of recent increase in some commodities prices, reason been supply disruption due to pandemic among other reason like supply/demand unbalance. But I am seeing now a commodities price rise across the board, just yesterday we had tea, coffee, orange juice among many other rising between 4 to 8%. I am thinking in this environment PMG are going to rise among many other commodities and the specifics of the supply/demand on this sector goes out of the window.....The only spectre that remain to hunt the stock market is the possibility to an interest rate rise, but I am sure the Fed will keep reassuring the market on that not happening for a couple of years if ever.

Hi
I do get that there may be a seller keeping the sp at these levels...which is an opportunity for those want in before the inevitable rise. But I see so many trades on the buy side and just one occasional sell often with low volumes, is the mm keeping the sp low to fill the sell order? Shouldn't at end of the day balance the books, showing the total buy/sells? Anyhow I do see a rising trend line making higher high ...even if ever so slowly. From my info highest day candle close at 159p and if carry on like this we may get there next week...

If wasn't because I don't believe in conspiracy theories, I would say that financial institutions got together to inflate commodity futures, so that consumers are forced to give back the cash they have saved during pandemic. Note there has never been so much personal saving as during pandemic, lots of folk received cheques for governments without been able to spend the cash, lock down and restrictions...Now they want the money back.....

I am looking at commodities prices today and everything is going up, orange juice 8%, cheese 8%, rubber 10%, tea 5%, etc etc...This is not normal and surely not dictated by market forces, imo. I am correct to think that there is a speculation going on on commodities where lost of free money from the Fed are converging on traded commodities long bets?

NelsontheDog thank you I too love reading all posts on this board. This tread about DOW Jones is better to finish sooner or I risk to look a fool...yesterday new high for DOW...

...meanwhile dollar index making higher lows and bond rate keeping up.

unvrkw agree with you in most points but the timing......trust me if one was able to judge right when out and when in would be not human...is impossible at any time even more theses days imo.
On the Fed and inflation theories goes that rising interest would control inflation but in my opinion this goes against the concept of free market and in theses days of globalization is even more relevant. I am not sure if the Fed is aware of this or not, i think they are all playing games up there in the high offices they are in bed with the rich from the financial world for a win win situation. What is left is us commune mortals trying to manage news flow, and read signals for what we know best. In the end is a loosing battle...what I mean is that to make a return in these days market one has to take much more risks for a lower return, beside inflation. The late excuse for index retrace is Yellen mentioning the word tapering rated.....ooohhhhh sorry she meant to say tapering bond buying from the Fed, and it all get even more confusing. They (the Supremes) have all figured out. Yes stock market will keep rising, but how and when they like it. The rebound from pandemic low is not there anymore and this is an understatement...I try to leave out all the noise good and bad on inflation, covid, reopening, rates etc...look at the market of recent and wow.....how can be that we are more than 30% past pre covid high in the last few months, are people really going to buy the distorted good news coming from macros?

Today is typical trading day of late.....I am suspicious of future indexes moving high if they are not supported by the cash market...Commodities miners wanting to go higher but sold of at highs or by US index retracing. As thing stand on average 1% move up from index equal 1% move up from miners (mind you today BHP and RIO ) are making a decent move up....in between this index/miners equation we got commodities prices also at all time high, which imo even if I believe a long term bull run, short term represent more a risk to retrace even if little...

Stoodio glad you have two and not only one.......Repression talking about support resistance....127,5 support is very weak imo...on hourly candle. The day candle close is 132,5 and needs to close above.

All great comments guys is good to exchange some point of view, without someone coming up with the paranoia of ramping or de-ramping. We all know how good Fxpo is no matter if someone is in or out at anyone time. Good point from NelsontheDog about Russia and Putin election shenanigans I had the same feelings. Finger crossed.....I am 100% cash. Have pondered carefully my approach to investing and compared it with 2020 market, when everything was going up and one just had to chose which was going up faster. These days even if the main market is still going up is a different approach. I tend to be risk adverse by nature, possibly is the reason been 100% cash right now in stead of say 50%. In the last month even if investing in the best fundamentals sectors and diversifying in 6/8 stocks my portfolio has gone nowhere, so I though I may as well take the money of the table and wait...Apparently we are in a period of investment gyration or rotation, where this massive money flow is switching from one sector to another. So if one is good at switching cash from secular sectors to stay home sectors to reopening economy sector to renewable and then back to commodities etc etc .....for me is not going to happen. I was for moving some cash in the reopening economies but second wave and now Brasil and India spoiled the party. To go abroad even if allowed will be testing and retesting (£200) for green countries... if that happens. On commodities they remain my first choice even if at this high prices, one may start to wonder if a small correction is due or not....Overall I see and ear overbought everywhere with many stocks keeping retrace from recent height...not a momentum trading situation. I am looking around for catalysts that would push the market forward and see none. Reopening if properly reopening happens could be killed by inflation, Biden spending on infrastructures... yes sure but the cash is now 2/3 months away for congress approval, it may not be the initial amount and they are already talking that the benefits will be felt in the economies years from now. All the many fantastic macroeconomic indicators out these days are from such a low levels during pandemic, that can be interpreted as you whish. Possibly the market at best is not going anywhere for a while till pandemic is under control worldwide. If there is a sharp and quick correction I will reinvest but is likely that it will be a longer and slower correction....So many variables that anyone guess on the market is a good one right now, as I said is not the same like in 2020. Hence I am going to trade the news or any sharp correction, rather than seeing my investment exposed and going nowhere. If I miss the train never mind I will take the next.

I may be wrong but ready for a crush...