Member Info for mystic1076

Brent creeping up..US oil market trading hours...BP going up slowly now zzzzz

RR could see a further swing as we head towards 3pm. This stock is sensitive to these readings. I am not sure if 3.65 or 3.50 will be tested this week (probably not) but 3.15+ definitely - if US hostility to China dampens.

I think Boohoo is a good long term share but my worries are how can they grow rwvenues beyond 1.2 billion this year? The shares trade at circa 70 times earnings. If they make another acquistion or start selling Primark clothes for Primark which was previously tested then thinl the SP can def move higher. Yes do need to do some more research..thanks

Extended production cuts coming!

Just been reviewing the two companies on fundamentals. Can anyone explain how can Boohoo have a 4Bn marcap Vs Asos which has a circa 3Bn?? Comparing all metrics this seems like a massive anomoly. Is Boohoo really growing faster than ASOS?

Rollls at this depressed price is exposed to possible predators. Raytheon UTC?

Investec cut barc from buy to hold on valuation grounds. Hmmmmm is it really to expensive??

In the weekend FT...the bank says 6bn might be too much for investors - resulting in a high chance of government intervention!!!!

Brent crude trading at $37.5/barrel BP going to touch 3.20 Monday. Its not 100% about the oil price but more that trump didnt follow through with revoking China trade deal! So sentimenent better..

Downl retracing upwards is a def a positive indicator. Trump didnt do anything overly adverse like pull the trade deal. This is election year. He has to be vocal i.e. seen to be strong and doing things!! Lots of stocks like Banks and those lile Rolls Royce and HSBC with very heave globally diverse tentacles should recover Monday as no real impact to monie flows, supply chains etc.

Not as hostile maybe as envisaged. Also no revoking trade deal. Could be a recovery on Monday!!

RR stock will come good again. Too big to fail. Just negative sentiment at moment. Monday opening depends on Trump conference re China in 30mins. Perhaps the 2.50s will be tested again but doubt it will go lower. Bought at 2.76 knowing risk of this going down further!!!

Thought I'd got a bargain at £2.76!! Blimey..j league trader cant get nothing right if it closed at £2.71?? Goes to show you cant ever get the bottoms or tops!! ;-)

Only time will tell if this a goofed up decision, I am in at £2.76. I feel anything under £4 for this share is good as a recovery play and short term trade. We'll see!! Each time its gone to 2.50 its always bounced up strongly..but its prob got a consipiracy against me as every-time I buy the whole market tanks!!! GLA ;-)

The weekend is packed with action: Hong Kong braces for more street protests, the U.S. administration reviews the city’s special status and President Donald Trump preps a response. Whether he goes so far as to scupper his 2019 Phase 1 trade deal with China or merely takes some symbolic steps around sanctions and visas for Hong Kong citizens could determine how long the latest global stock market rally will last.

The weekend is packed with action: Hong Kong braces for more street protests, the U.S. administration reviews the city’s special status and President Donald Trump preps a response. Whether he goes so far as to scupper his 2019 Phase 1 trade deal with China or merely takes some symbolic steps around sanctions and visas for Hong Kong citizens could determine how long the latest global stock market rally will last.

Don't think so!! There is a lot of support at this level..2.78... kind of an equilibrium point...if it goes lower it will bounce up to this level again...a pivot point...

JPMorgan strategist Marko Kolanovic, who called the comeback for the market in March, said Thursday evening he was turning more cautious because of a possible economic clash with China.

“A complete breakdown of supply chains and international trade, primarily between the two largest economies (US and China), would justify equities trading drastically lower,” Kolanovic wrote.

Is the US traders/investors now reacting to ratings downgrade????

Reason: Trump and perhaps rolling back of Trade Deal with China???