Member Info for Newdealz

I saw Zelensky saying Putin will not come to the negotiation table and needs to be weakened further, why i dont think anyone here would disagree with that does he honestly think Putin will give up now, hes very close to being able to claim his 'Victory' to the Russian public, it wont stop the war but it will save his job just about.

As for Boris, he is and will say anything right now to deflect from party gate, the latest one is allowing housing association tenants the right to buy, another publicity stunt to keep the wolves from the back door. I am torn on wether to keep him, im not sure there are any other better options right now and chnaging PM in the middle of this mess would only make things worse.

@Easy and Jotom i had only placed two orders that day, the second being the sell that the funds where delayed on for my attempt at a 3rd trade. I dont think they where purposely stalling it as it had processed and showed as available funds which makes me question about this pooling.

@JR i have something similar with interactive, i had an issue with a trade going through but the funds taking for everever to go through, i called them because i wanted to use the money to buy another stock and all though the funds where showing on my platform i was unable to use it. they told me 'it hadnt cleared their books yet' that was 15 minutes later, something strange thier, they also told me thier platform is not suitable for day trading.... also they wont allow me to buy all my portfolio in one stock, i told them if i want to lose my money all in one stock thats my decision not yours, get that.

It was very difficult to get a straight answer out of them, all they kept repeating is that i will be ok and i am protected, they said the way they go about investing your money is they split it between banks, each bank has 85K protection. So for larger accounts than 85k your are protected. I am sure it all legal and not dodgy but i dont think it is a clear cut as we think regarding these purchases.

@big-blue can i ask you are you using a nominee account or named with DMA? I have seen that some chart software platforms allow you to use DMA and you can just buy your data stream from broker, you can then buy straight off the charts or level 2 without faffing about to log in.

@Big-Blue i dont agree about dark pools being dodgy, they are common practice and regulated it appears, the big day traders teaching also say its better to put your order on the book to sniff out better prices, these dark pools of investors often give a better price on the open market.

@Big-Blue i maybe wrong about the internal working of these brokers but 'they' do own the shares regardless, i had to go through this with inertactive last week to find out exactly how i am covered regarding these POLY shares, its rare these days for broker accounts to buy shares in the customers name, most are nominee accounts which means they are pooled, correct?

@big-blue https://www.dummies.com/article/business-careers-money/personal-finance/investing/investment-vehicles/stocks/10-things-you-need-to-know-about-dark-pools-144031/

@Big-Blue its common practice these days and the rules state only limit orders have to be sent to the exchange, obviously each stock broker has thier own sets of rules and how they do it, its almosta certain that is you are using a broker that is offering free trades or extremely cheap they are running a dark pool. From what i read its common practice these days, im sure even interactive investor do it, i often get 'improved' prices on my contract notes which i am assuming come from their pool of shares.

@Roxy, morning, yes interest rates to control inflation, back then we didnt use quantative easing or have the banks inventing electronic money through loans, i would also note that the 10 year bonds market is at an all time high right now, which means a lot of money has already left the equities market, this should reverse at some point, as others have said cash in the bank is not where people keep their money these days as you are guaranteed to lose.

@JR i dont think that is strictly true, HL hold a massive stock in thier own nominee account, that pool of shares is then marked as owned by customers xyz, in thier own pool they have buyers and sellers, questions is do they have to put a buy or sell order's to the exchange or can they match from one of thier own pool of buyers \ sellers.

These are known as dark pools, and it is my undertsanding that you can buy and sell within these pools, each broker will have thier own rules i would imagine within the guidelines.

@roxy that may be the case in the 1980's but this 2022, the way Goverments handle economic crisis is completely different, if i had a £1 for everytime i read an article since 2008 saying doomsday is coming i wouldnt be here now...

"BEIJING — China’s exports rebounded strongly in May as the world’s second-largest economy gradually emerged from COVID-19 lockdowns, factories resumed production and the supply-chain crunch eased.

Exports rose 16.9% from a year earlier, according to data released Thursday by the General Administration of Customs. That beat the 8.0% growth expected by economists polled by The Wall Street Journal, and marked a sharp jump from the 3.9% expansion in April — the lowest in nearly two years.

Imports increased 4.1% last month after staying flat in April. The economists surveyed had anticipated imports growth of 2.5% for May.

The trade surplus stood at $78.8 billion in May, higher than the $59.5 billion forecast in the WSJ poll. China reported a $51.1 billion trade surplus in April."

@Umeed this what i am expecting the opposite of what they keep predicting doomsday, what others also have not factored in is a lot of this down move was caused by china being in lock down, China is now back and exports are ramping up, we will be riding off the back of this now for a while...

great news, one step at time.

I just watched an explanation on how low inflation in the US is very closely correlated with low oil prices, in passed history Russia has always waged its war when oil prices have been sky high, so the quickest way to hit them in the pocket will be for the US to up the interest rates, we all win eventually with lower inflation, maybe a period of recession or stagflation and Putin having to pull out of Ukr.

@bankrupty i agree but not yet, it just seems to obvious, we have had a good 3-4 month sell off so i think its not ready for an offical declaration of a recession yet, not to mention we are already half way through it.

SP500 is still holding long term trend and i expect it to go to the top of the blue channel in next couple months then fun and games start again in the Autumn. The red line is where im thinking the bottom will hit later this year, its a point of confluence with the 200 ema, wedge cross and long term S\R.

https://ibb.co/Q8JyRCs

@Only i think its just a case with Roxy being in knee deep here, when your over invested in one stock it can make for some uncomfortable feeling but also can give great rewards if you can hold your nerve.

For what its worth my over all feeling on the wider market is thats its turned a corner for now, most of my heavy weight big caps are starting to pull up towards the 200MA line and its been a long long time since they've traded above that.

I think we are in for a more settled period during summer with some steady growth, i think the scalping day trading days are gone for now certainly here and for OCDO.

Time to get out and make the most of this nice weather.

ND

i agree with you anon, the problem you have is when your main transport fuel costs go up everything else goes as well, so not only are we paying extra for fuel all our goods are more expensive to, we may as well all be sending 20% of our income to Asia.

Unlike Russia who are not short on fuel only cash to buy more arms, maybe in the longer term it will have a stronger effect on the economy but it is slow in the near term to get this war stopped, which i am assuming is the aim.

I think the best to hope is for Russia to default which is a possibilty but they said the first time and they got the money together.

@Panda i wouldnt say job losses are to do with oiul but more like parts and companies pulling out, shops shutting productions lines stopping. Still plenty of cash flying about Russia at the moment it would appear.

@Boyo was it the total for May as an accumulation or was it at the point of query? I would say a lot of them shorts have probably closed hence the rise almost straight through the £8 into the £9s, same on the way down. I havent kept track of the shorts tbh but one thing is the share price does not lie, all those cases are already factored in and its risen considerably which would suggest they are legacy orders.

a lot of factors to consider for sure, i did also read that Saudi's refused to up their daily output, maybe they are also enjoying these higher fuel prices to the West, it appears Putin isnt the only one who doesnt care.

@Panda but is it the oil and gas sanctions thats hitting them hardest, i would argue that the parts market is having a greater effect, oil gas sanctions is an own goal yet the components market has little to no effect on the rest of the world.

it keeps bouncing off 905 area which is looking like immediate support, thinking back that was an area it bobbed about on for a bit before the big drop straight through the £8's. This is the first consecutive days of consolidation at a higher level for a long time, it could hold this level and break out side ways without a rise or fall from that nasty down trend line, forming a nice wedge pattery which could break out in the next day or so.

https://ibb.co/C63zzGw

panda and blue you where missing my point of the initial link, on how the sanctions are affecting us the West as opposed to how the Asian countries are massively benefiting from this war and the oil price. A shot in the foot at the very least for the west and something that is not sustainable, if £2+ and higher a litre continues i can see trouble coming a bit closer to home.

Has this shift in money and oil really crippled the Russian econmy or is it going to? I cant see it tbh i am sure there are better ways to slow down or bring this war to an end...