Member Info for monkeys

Dated July 2 from US, Nigeria, congo etc

Oil seems to be the main culprit

In Auction

In a trade war, demand dropsas less products are sold, affecting price.
In the event of a devaluation, copper also becomes more expensive.
However, demand is the most prevailing factor.

qzqz, didn't even notice. Most skip late, out of trading hrs comments, especially unrelated topic unless explained as it is taken as unrelated or spam.

Jumped to +ve White Hse news, will use existing rules to review trade actions

Germany may be waving white flag to remove Auto tariffs in EU. That has got to be a positive for Brexit talks too

Don't you guys sleep or do you take turns doing shiftwork :-) Haha, I see it is a friendly online common room.... I hope no bickering like other BB Cable has dropped to post Brexit vote

I know not much except what I can see, AAl ,miners all got hit yesterday but nothing much else. I know nothing of US miners and who they trade with but the ones here are the big ones. And the reason for ftse 80+ rally before it sold before US opened was partly due to miners (for no reason)..... I don't know what you mean but Pho is rather delicious :-)

-200 pt Dow vs -2% move on tGlen, if you overlay today's futures after open, it is directly correlated today.........whatever that means.... Yesterday it is the dow that was weak (China plays, Boeing , Caterpilar), S & P was not that weak -0.4% and the Russel 2000 (smallcaps) at record level.

Dow drops (-200) from open

i mean -6.3% not +6%

copper nears $3, 6%+ from recent highs

All down to the trust, they can make or lose. So many types from Income based, Trackers to hedge fund like Odey Absolute...I'm .you are aware of. Or ones by Pershing Sq which can be volatile up and down. All depends on your risk profile.

Exactly, re-rating needs concrete proof of sales beyond tags and profitability (utterly important) Was getting sick of mm trying to cream off the fat spread with limited volume. My view of Kongats remain the same, a good engineer rather than a salesman, unlike many counterparts (happy to be proven wrong!) but persistance may come shining through (quality product over sales ability imo) Sometimes these things have momentum in their particular markets as the name gets banded around in an industry.

Hopefully. Silence had been long and anything positive welcomed. I hope they can actually convert into sales. Having the best doesn't mean sales. Has to be a good salesman in a very competitive world in different areas(I wonder if Kongats is as he has shown to be a good engineer?) Remember VHS vs Betamax to name a few. If they can begin to meet targets stated by themselves, the market will re-rate it as a good growth company.

Uk and Europe and the rest of the world are not in a trade war with China nor US(ish) , if anything some could gain from that spat, the fallout if it happens eg Airbus vs Boeing, Gucci vs Ralph Lauren, GM vs Land Rover etc politics aside, UK weak as usual $, stock market has always unperformed.

https://home.treasury.gov/news/press-releases/sm0417

Talk of an additional 100b$ tariff

Mining , bank, commodities, oil & gas getting hammered. Good old industries.