RE: Barcs16 Jan 2022 12:03
Hi there Kennynwten
Do you mean pop, in a trade term of implode or 'explode as in a sharp gain' hoping for the latter myself lol
Reading a few peoples view points of late we all mostly concur, Barclays do appear far more positively positioned now.
Though never under estimate what lurks behind a company share price, if fundamentals and public announcements were anything to be believed, least alone half a dozen newbies on trading floors, given the task of posting a sp prediction . . .then we would all be sitting on a £3 / £4 sp for the past 5 years.
Doesn't anyone question why most banks locate themselves down C'W as it certainly isnt to look out of each others windows with a ole style Rothschild Lantern and signal the days events lol.
Which ever tool you choose to trade in retail, its basically like watching the ar53 of the horse clearing the bottom paddocks hedge !
As a humble retailer all we can do is second guess, the guess work of at least 200 hundred plus of anals at any given bank or funds floor.
Which their data gets fed into algo / bots then spends the next quarter hammering out and average of 2000/3000 H'F trades per second ! against us spending hours, if not days waiting to click out mouse lol.
The trick is find a strategy that works for you as the individual and tweak it every once in a while.
U.K retail banks all have a diverse book, just look at Metro for eg;
Where as our Barclays sp is largely impacted from the US I.B arm's income, then card income, retail bank income is basically the same as most others.
So before everyone starts getting all excited about the rocket ship take off, consider the effect that city anals already are pricing in (not 1 q ahead but 2 Q's ahead of retail data ) once the rates do increase. . . they have to consider the ratio of bad debt, which will also need to balance out in the projected targets, inflation , 10 yr Note / Equity effects.
This is only my personal opinion, happy to share it , its no secret lol . . .
Barclays have hit into a nice subtle R' which is why I took some profit , now Im T' for a 204/ 205 area and confirmation for a new S' then I will plough back in concentrate around the 240's approach and do the same again. GLA
Moby77 suggested the travel industry, good call and also the hospitality stocks too, the old Weatherspooner's and such always add a bit of variety.
Now all the nonsense is out the way, no more Bailey FCA witch hunts ( The arrogant fool has his own ego to explain over at the BoE and his interpretation of transitory nowadays ) no more Ed B's lurking in the background, No Jezzer's free phedo holidays.
Trust no one's got any pics of Ole Higgins snorting marching powder, off his new desk lol
Confident outlook from now on and look forward, once again to a bit of banter on what used to be a decent, positive site.
GLA . . . "Here we go!"
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