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Just found this... thanks Swan01 - Gold star.

US STOCKS SNAPSHOT – Futures dive after consumer inflation data

13:35

Feb 13 (Reuters) – U.S. stock index futures extended losses sharply on Tuesday, as hotter-than-expected consumer inflation readings smashed market speculations of an early start to interest rate cuts this year.

A Labor Department report showed the Consumer Price Index (CPI) rose 0.3% on a monthly basis in January, above the 0.2% increase expected by economists polled by Reuters. Annually, it increased 3.1% versus the 2.9% estimated growth.

Excluding volatile food and energy components, the core figure rose 0.4% month-on-month in January, compared with the estimated 0.3% rise. Annually, it gained 3.9% versus the estimated 3.7% increase.

At 8:33 a.m. ET, Dow e-minis were down 309 points, or 0.79%, S&P 500 e-minis were down 56.25 points, or 1.12%, and Nasdaq 100 e-minis were down 276.25 points, or 1.54%.

Just had a look at Wall Street / FTSE / Geerman 40 etc etc... All the indices have bombed from 1.30pm - Anyone know the cause??

Possibly.... and it's only down 2.8% - That's not a bad "worse day in 500 days" to have.

I'm an eternal optimist..... but certainly not always correct - I suppose my thought process is influenced by what Tufan did last year - announcing a trading update about a week before the half year results..... I won't get unduly worried if he doesn't drip feed some good news - just a fanciful hope that he had so much he'd want to spread it out :-)

Nothing wrong with selling pernix. FOMO is what generally stops me from selling although I've made a few sell / buys in an attempt to increase my holding..... with limited success :-). I'm half expecting Tufan to trickle out some good news before reults day (my thought process is he has so much good news he doesn't want it to all come out on results day but would rater it was drip fed.... however I am an eternal optimist when it comes to RR :-))

Good advice sullysworld. Good advice. :-)

"Every one of my RR shares are in an ISA. I can sell them at 8.00am tomorrow, or anytime after, should I decide to do so."

That's weird, that's what I can do with my ISA aswell. It's almost as if it's "real cash" though obviously not as large a dollop of cash as some on here who hold "large amounts" of shares....

I'm not convinced a17 is a child. He has a "very large" holding with immense "cash value" but does not understand ISAs as he suggests shares in ISAs do not hold "cash value" in the same way his "very large" holding does. I'm simply intrigued as to how a17 gets to this conclusion...

I don't follow your logic a17??? How do shares held in an ISA not have a "cash value" and how are you not able to sell shares in an ISA?? I sort of understand how you differentiate a SIPP as not having a "cash value" (in the here and now sense of cash value) however shares in an ISA can be traded and sold and turned into cash. Shares in an ISA are the same as any other shares (apart from they don't attract CGT when you sell them). Am I missing something? Please enlighten me if I am indeed being a bit thick but I can't for the life of me understand your obsession with "cash value" and your insistence this doesn't pertain to shares held in an ISA???????

Googling "Are SMR's bad" brings up a number of negatives

Supposedly create 2 to 30 times as much waste as an equivalent capacity conventional reactor (economies of scale??)

More reactors will incurr a greater security cost / threat

Will cost more (per megawatt) than conventional nuclear power stations (economies of scale again??)

They feature smaller, less robust containment systems than conventional nuclear reactors

I get that they won't have the economies of scale that the larger reactors have and also get the possible security issues - however smaller reactors give the government more flexibility. Rather than spend £40Bn on one site and watch the costs spiral and delays mount they could invest in several smaller sites at £2Bn (??) each and get them up and running much quicker.

In all probability it's probably too early to understand all the pittfalls associated with SMR's. Personally I like the "not putting all your eggs in one basket" aspect off SMR's. If this means a slightly reduced efficiency due to lack of economies of scale and slightly larger security costs it's (in my opinion) a reasonable trade off when you consider the massive potential overspends from building a new conventional nuclear power station.

In and out works if you get your timing right and can increase your overall holding. I dared to mention this "controversial" strategy and was shot down by someone with a "very large holding" who was concerned by the cgt implications.... personally doesn't affect me as the shares I play with are either in a sipp or an isa. It seems the guy with the "very large holding" isn't protected by the isa wrapper (taking into account his scepticism stemmed from the CGT implications....)

I'm half expecting Tufan to release some news before 22nd. I'm half expecting this as I'm hoping he's got so much good news he will fear releasing it all on 22nd will not give it sufficient recognition. It's difficult to assimilate the true market sentiment surrounding RR by digesting news and opinions from a board which is (in my opinion) pretty biased towards RR doing well. Having said that if you discount the MF articles which I think we can all view as poorly disguised click-bait the general consensus from articles I have read is reasonably rosy. I suppose the true test is just how good do the results have to be to impress the market suffiiently for a substantial (10% ish) rise??? If market sentiment is already pretty positive you'd think results / news has to be astronomically good for a significant rise in the SP. As a LTH the 22nd, whilst being an exciting glimpse into RR's progress, is not the be all and end all to me. We've all seen the lists of positive things bubbling in the background with RR - Many of these are at least half baked into the SP... that's not to say announcing dividends etc, etc, etc won't have a positive pull on the SP - just maybe not as big a pull as you'd potentially expect. I truly hope the 22nd isn't a damp squib however with Tufan at the helm I'm pretty sure this won't be the case....

I believe in £7 because I'm blindly following a cat :-)

But in all seriousness when you look at what positive news is still to come out £7 is doable - some on here think £7 is light and £10 is more realistic...

SMR (both home and abroad)

Better credit rating

Return of Dividends

Share Buyback

Reduction of debt

Boeing's demise.....

Re-entry into narrow body market

more and more big deals

I've probably missed some big ones but just the above should push the SP to £7 (IMHO)

The US had announced they had record amounts of gas in storage - I presume this has led to a surfeit of gas, hence the drop?? Also warmer weather and apparently Biden has extended a moratorium on LNG exports for between 9 - 12 months. I think it's a multitude of factors which are all driving the price down.

I like this group :-) Very positive vibes :-) If the 22nd is better than expected and the market acts accordingly there should be a significant rise - however, if Tufan has overplayed his hand and the results aren't quite what the analysts were expecting I still see Royce's winning in the long term. Tufan doesn't strike me as the sort of person who would give out unrealistic goals - long term prospects look fantastic - whilst a bump in the SP on 22nd would be a nice to have I on't be too disheartened if it doesn'y materialise - plenty of gas in the tank long term :-)

A standard Fools article shows you something nice and shiny (which you want) says some pleasant things about the nice and shiny object and then declares they won't be investing as they have much shinier objects located in a document which can be yours so long as you supply them with your contact details.... At which point you are bombarded with emails offering shiny things and extolling the virtues of signing up to a paid for service that says your shiny thing isn't actually any good.

"Purrrfect!! And I've just found the ideal car:"

:-)

NE22LES is available :-)

https://www.plates4less.co.uk/personalised-number-plate/NE22LES

Really boring for me - Mortgage will get paid off, money into my SIPP and will be able to afford more / better holidays for a while...

good for you ****nal17 - i suppose it goes without saying you've been hoarding as much of your "large portfolio" into isa's over the years. with all your isa's bulging at the seams the tax man shouldn't get a look in :-)