Aside from the media's witch hunt of Dominic Cummings, today's briefing included Boris saying step 2 of the lockdown lifting will be happening as planned.
We are already in a recession and fhat shouldnt come as a surprise to anyone.
What did you think would happen when vast areas of the economy goes into hibernation! When the figures come out, you will see its the deepest recession on record.
I'm of the same mind. Many stocks recovered back to their October 2019 levels which has prevented me from investing in some companies. I've lowered the price my Cineworld orders will trigger at as I see it sliding further along with most of the market.
It'll be interesting to see what happens when GDP Q2 data is released
RE: Germany - cases nearly triple14 May 2020 11:45
I have a 77 inch OLED right now. I've also previously had a very high-end projector in a dedicated cinema room which was closer to the cinema experience but the main problem is the size of the room... you just cannot replicate that aspect.
this share goes up and down like a yoyo with some reasonable consistency right now. I wouldn't say anything to panic about. It was lower than this last monday.
Broker ratings dont mean much right now...aside from the obvious issues surrounding the pandemic, the idea of a Blockbuster movie going staight to video on demand services would have been nothing more than an idea. I can see it causing some serious damage in the unlikely event it becomes the norm.
The idea of getting loads of friends over to watch a newly released blockbuster which everyone is eager to see is actually really appealing now i come to think about it.
Surely the production companies will lose out on a load of revenue if they only receive $20 for a 24 hr rental that can be viewed by an entire household and then pirated immediately.
Only god knows but if you don't have orders then you'll miss buy-in points. The only worry is if something awful comes out that tanks the SP and it triggers the orders on the way down and it doesn't recover!
I had orders for oil starting at $15 going down to $4 thinking it highly unlikely they'd be triggered, but they were!