Member Info for MrAltruistic

saurus, many thanks for your kind words and continued support. I hope you, your family and the dog are all well? Upsetting and sad news my end of losing the Father in Law in the last few days, 20 days short of his 93rd Birthday. Hence, my quiet spell of late on the board. The circle of life must continue to turn.

Good Luck my Friend.

bald_eagle, thanks for your reply. The author, Alistair Strang, is quite a cute cookie and his bio reads as follows:

"Alistair has led high-profile and top-secret software projects since the late 1970s, and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know “how it worked” with a view to mimicking existing trading formula and predict what was coming next. His results speak for themselves as he continually refines the methodology."

I can't remember from memory what his success rate with guessing the direction of shares is? 72% seems to ring a bell.. but I could be mistaken. Whilst I am not here to defend or promote him or his views, I guess what may not be clear is that he is one of the original archetypal chartists and technical analysts. The software he refers to purely relates to this same subject matter i.e. the probability of movements in share prices based on past performance, past behaviours, past movements and volumes. What he doesn't do, as you say, is talk about fundamentals, macroeconomics, current market data etc. This on the basis that this is "just not his bag". When it comes to TA i am a believer... not everyone is and i am not here to try and convert anyone otherwise. I skirt on the amateur/novice side. At best TA could be compared to the analogy of weather forecasting for shares? Ultimately it is purely an opinion. Time will make things clearer... and indeed accuracy.

Thanks for taking the time to post my friend and please continue to contribute.

A three week update on Barclays from ii.

“The bank’s share price is flirting with its trigger level, and the party could be about to start.”

“ Our software claims movements above 188p should now provoke price recovery to an initial 201p with secondary, if exceeded, calculating at 210p.”

Finishing over 190p would be a start! Worth a read.

https://www.ii.co.uk/analysis-commentary/are-barclays-shares-now-primed-real-growth-ii520355?utm_source=newsletter&utm_medium=email&utm_campaign=NEW-DLY-ENGAGE-afternoon_round_up_010621%20(1)&utm_content=newsletter&spMailingID=13683352&spUserID=MzU1MTA2OTEwNzY0S0&spJobID=1770164904&spReportId=MTc3MDE2NDkwNAS2

*My short term Gamble monies are in positive territory by about 4% (NOT 7%) Gross pre charges, commission, stamp duty etc.

A small piece here that gives no forward price target per se. As far as maintaining the momentum goes, I would describe the whole month of May as skittish, to say the least. Daily swings from lows to highs of 4p in a trading session… Hmmmm? My short term Gamble monies are in positive territory by about 7% Gross pre charges, commission, stamp duty etc. I will remain patient as the FTSE100 still seems lethargic compared to other indices and theoretically is still due a leg up?

https://www.investingcube.com/will-the-barclays-share-price-maintain-the-momentum-shares/

All IMHO please MYOC and GLA.

freeposter, “ Yes Mr A. but will Barclays?” They surely have to either return more capital via Dividends or waste/spend more money on Buy Backs? I’m not convinced a measly 1.0p per share as a Dividend will keep anyone happy or indeed attract new Long Term Income Seeking Investors?

I understand that the P.R.A (Prudential Regulation Authority) are “to provide a further update ahead of the 2021 half-year results of large UK banks” in relation to their guidance on “capital-setting and distributions process through 2021” a.k.a. Dividend Policy.

On the basis of the understanding of the above (from the P.R.A) and that Barclays Half-Year Results are due to be announced on Wednesday 28th July, for those looking for a share to move, in either direction, the P.R.A could act as a catalyst?

All IMHO please MYOC and GLA.

freeposter,

“

NatWest Group PLC (LON:NWG) and Barclays PLC (LON:BARC) are in the best position for potential reserve releases to shareholders if conditions continue to improve, say analysts at Jefferies.

https://www.proactiveinvestors.co.uk/companies/news/949989/natwest-and-barclays-best-positioned-for-potential-distribution-to-shareholders-says-broker-949989.html

A positive read here…

Napier (of UBS) sees further upside of 12% for Barclays to 200p and 6% to 51p for Lloyds, as well as a further rise of 13% to 225p for his favoured mid-cap stock, Virgin Money

https://www.ii.co.uk/analysis-commentary/uk-retail-banks-start-outshine-their-european-rivals-ii520220?utm_source=newsletter&utm_medium=email&utm_campaign=NEW-DLY-ENGAGE-afternoon_round_up_200521%20(1)&utm_content=newsletter&spMailingID=13509658&spUserID=MzU1MTA2OTEwNzY0S0&spJobID=1753273849&spReportId=MTc1MzI3Mzg0OQS2

Ha ha ha…Cakendar = Calendar.

As per title, whilst other events are happening this week, Imho these 3 upcoming events have a greater chance of affecting the market this week:

Tuesday 18th May: UK Unemployment Rate
Wednesday 19th May: UK Inflation Rate a.k.a. Consumer Price Index (CPI)
Friday 21st May: UK Retail Sales for April 21

UK FTSE 100 futures and Dow Jones Futures both currently to the upside which currently hints at a positive opening tomorrow at 8.00am.

I have included an “Economic Cakendar” link which may be of benefit to others?

https://www.ig.com/uk/ig-economic-calendar

bald_eagle, totally agree. What was “encouraging” was the fact of “swings and roundabouts” when it came to head-hunting/luring senior deal makers from competitors i.e. we lose deal makers in the USA but gain deal makers in Europe. What would be interesting would be that of someone having an idea of the percentage of volume of profitable deals completed in the USA vs Europe e.g. 60/40, 70/30 etc? Similarly, what is the direction of travel moving forward for deal volumes? Is the USA to slow down and Europe speed up? I’m sorry to say I only have questions at this stage. Anyone have any information that can be substantiated via a web link?

On a separate note, it was good to see that the share price almost closed at last Friday’s finish. Typical “snakes and ladders” share price movements at the moment… inching forward, day by day, then… wheeeeeeeee down then start again.

Good Luck All.

nvestment giants Morgan Stanley, Goldman Sachs and Barclays have started to move a range of senior bankers from their offices in Canary Wharf and the City to financial hubs across the EU.

Barclays

One of Canary Wharf’s most-talked about moves has been Barclays’ head of M&A for Europe and the Middle East, Pier Luigi Colizzi.

He has moved to Milan and will run the region’s deals team from the Italian financial hub. It makes him one of the first regional M&A heads to be based outside of London.

Barclays is currently also expanding its offices in Paris and Frankfurt through a range of local hires, luring senior dealmakers from companies such as BNP Paribas and Greenhill.

https://www.cityam.com/brexit-transfers-barclays-goldman-sachs-and-morgan-stanley-move-senior-city-dealmakers-to-the-eu/

Following a Roller Coaster Week, tomorrow, Friday 14th May should* be a positive blue day what with the Dow Jones ending up +433.79 points (1.29%) according to Yahoo Finance and the FTSE100 Futures looking to the upside.

So the question is will Barclays climb from today's close of 178.20p to match or beat last Friday's, 7th May, close of 181.54p? I would not be surprised to see the price end in a better position that last Friday, subject to no further escaltion of overnight troubles In the Israel territory.

should* is NO Guarantee.

All IMHO, Please MYOC and Good Luck All.

Evening All,

I think this video link is worth a watch. Not sure there is anything new to be learned from it but none the less, worth a watch.

The video is 18m 43sec long and Richard Humter talks about the UK Big 4 Banks in the following order of LLoyds, Nat West, Barclays and HSBC. If you don't want to sit and watch it all then i guess you could forward the time lapse bar to:

LLoyds 5m 12sec
Nat West 10m 15sec
Barclays 11m 35sec
HSBC 13m 56sec

Good Luck All

https://www.thisismoney.co.uk/money/investingshow/article-9574789/Will-investors-fall-love-bank-shares-Investing-Show.html#v-666652248792743197

Evening All,

I think this video link is worth a watch. Not sure there is anything new to be learned from it but none the less, worth a watch.

The video is 18m 43sec long and Richard Humter talks about the UK Big 4 Banks in the following order of LLoyds, Nat West, Barclays and HSBC. If you don't want to sit and watch it all then i guess you could forward the time lapse bar to:

LLoyds 5m 12sec
Nat West 10m 15sec
Barclays 11m 35sec
HSBC 13m 56sec

Good Luck All

https://www.thisismoney.co.uk/money/investingshow/article-9574789/Will-investors-fall-love-bank-shares-Investing-Show.html#v-666652248792743197

Evening All,

I think this video link is worth a watch. Not sure there is anything new to be learned from it but none the less, worth a watch.

The video is 18m 43sec long and Richard Humter talks about the UK Big 4 Banks in the following order of LLoyds, Nat West, Barclays and HSBC. If you don't want to sit and watch it all then i guess you could forward the time lapse bar to:

LLoyds 5m 12sec
Nat West 10m 15sec
Barclays 11m 35sec
HSBC 13m 56sec

Good Luck All


https://www.thisismoney.co.uk/money/investingshow/article-9574789/Will-investors-fall-love-bank-shares-Investing-Show.html#v-666652248792743197

eastern_investor, fingers crossed that the electric gets switched off this week and the whole flock jump the 190p fence!!! Whilst a week on the stock market is a long time... so good so far. A nice little jump above my weekend suggestion of 184p+ and with the Dow Jones currently up 240 points it all bodes well for tomorrow to possibly another couple of pennies? Fingers crossed and all that.

Good Luck All.

Alistair Strang gives his 3 week update on Barclays, using the analogy of baking a a reinvented bread substitute. Not a great analogy but I get what he’s trying to say. A 2 minute read.

“ We submitted 191p as a trigger level which should promote some proper price recovery, but each time Barclays’ share price approaches our starting point, the share turns chicken and retreats in fear. Price movements have become as boring as our efforts in trying to reinvent bread and, like our bread attempts, we fear the only thing which will make Barclays rise will be a miracle.”

The full link:

https://www.ii.co.uk/analysis-commentary/why-barclays-shareholders-may-need-be-patient-ii516008?utm_source=newsletter&utm_medium=email&utm_campaign=NEW-DLY-ENGAGE-afternoon_round_up_100521%20(1)&utm_content=newsletter&spMailingID=13354019&spUserID=MzU1MTA2OTEwNzY0S0&spJobID=1751430124&spReportId=MTc1MTQzMDEyNAS2

Boonie, no criticism to you whatsoever my friend, but the Motley Fool have been recycling these 3 share stories regardless of price movements for the last 18 months or so.

Please MYOC and GLA.