Member Info for mojo7865

https://www.ft.com/content/502ab22a-45b4-48e0-afc2-c0fb5e6ac58b

Lol that’s a first no fed interference Ala money printing let those rate rises begin

https://www.ft.com/content/27def1b9-b9c8-47a5-8e06-72e432e0838f Not good news imo they need to keep the current manufacture of the existing vaccine going but now need to focus on new variant too the statement about it taking months to make one that’s effective into summer 2022. Then also the time it will take to mass produce can see where this will be going. Fair play these pharmas will be raking it in.

No shorting on my part this time round. Goldman probably saying don’t sell to the rest so they can sell and then tell people they should sell after they’ve done selling which proceeds to more drops which they’ll buy up and then once they’ve bought up they will tell the market to buy. Goldmans isn’t your friend their you’re competition.

2 cents for the weekend

Opec reaction to covid possibly will hold back on releasing more oil into the market to support oil prices. I don’t think it will make much difference with the uncertainty faced at the mo. Really depends how much the rest of the world reacts to this new variant.

Covid is a threat the market has gotten used to and probably pricing in worse case which is a lockdown. But as quick as they can price this in any whiff of it being a non issue then things will tick back up.

I think covid though is not as big an issue as the one I mentioned before one that’s going to tip the entire world into chaos next year is evergrande. It is a huge black swan event you need to watch out for. With almost 8 billion plus due over the course of the next 12 months I predict a collapse by March-May sending shockwaves through the market and the rest of the world. Covid pshhh you haven’t seen anything yet. Tin hat folks winters only starting.

https://www.ft.com/content/e0a447f9-b4c2-45dc-bfc8-755b284d18d2

Debt calendar dates for those interested.

It will likely lead to another big round of qe endless money printing to save an already failing monetary system.

Anyway good luck wishing you good health and good fortune.

Netherlands just announced bars and restaurants including non essential shops to close by no later than 5pm.

https://www.bbc.co.uk/news/world-59427770.amp Not surprised tbh it’s probably done the rounds already. Could be a bumpy week next week. Expect the media to have a field day.

My two cents on this is that this is the perfect cover for the government severe or not the NHS is a huge financial burden and can't even cope in normal flu season. So instead of providing more funding they can blame a new variant for pressures on NHS potentially leading to another lockdown. Apologies I know this topic ruffles feathers just my opinion.

Nope going to be patient and wait on 305 will assess how this plays out Monday. Expecting dead cat bounce situation.

Almost near my 305-312 target

https://www.reuters.com/markets/europe/austria-imposes-full-lockdown-germany-may-follow-covid-grips-europe-2021-11-19/ Not according to reuters

Expecting good support around there.

Imo

Fair enough I don't see 4 quid myself this year personally but everyone has their own opinion. Good luck.

Bold move would of waited till after ex divi myself gl.

329p if that is breached 302-308p longer term support

Hope some have banked the recent rise and not too carried away not saying it will fall more but the past few ex dividend dates have proven to cause excessive dips. Buying opportunity for those who believe in the BP project and a trade opportunity for those who think oil will remain high through 2022.

Interest rates decisions to come soon too how will the market react.

I'm still a believer in a heavy default of Evergrande causing contagion in the markets. Here are some dates to put in your diary if you want to keep in the know.

https://www.ft.com/content/e0a447f9-b4c2-45dc-bfc8-755b284d18d2

The government response to winter coming also doesn't fill me with confidence that we have seen the last of preventative measures. All in all i think a **** storm is brewing.

I would wait for a post ex divi drop before buying seeing as you guys have become traders.

Not only fed meeting for pointers on rate hikes, a lot of media speculation around rate hikes for boe I suspect nothing major 0.25 at best but a rate hike nonetheless. Will be interesting to see how it impacts the wider market.

Nothing other than that throne the moment I’m sitting out of the market till maybe December. Cba to go into details why as it’s pretty much a repeat of what I’ve said before.