Member Info for Svend

Aye, that 461.70 be a nasty barnacle on our rudder! Markets be fickle beasts, crew, but fret ye not. Volatility be the wind in our sails!

As for the bounce back, fair winds can change quickly. Keep a keen eye on the charts, but steer clear of choppy waters and confusing signals for now.

Our destination? Profitable waters, crew! Full speed ahead!

Poprat the value of 30k per year of copper production for 15 years.. 🚀👀

Farnorth4 you may see 4.80 again sooner than you think as the ship has turned around and is now back on its original flight path towards the magnetic high 5 🤞

Think of SPX as a recipe for a delicious cake (the S&P 500).

SPY is the actual cake you can buy at the store (the ETF that mimics the recipe).

Clued SPX tells you how the market is doing. SPY lets you invest in the market's performance.

Peakdread probably getting some headwind/turbulence from the sector rotation yesterday with Technology XLK dropping fast led by Nevidia down 6.68% the question is can the other sectors keep the momentum going at the current lofty levels? is 5500 for the SPY still on the radar or is the tech wreck just getting started.. https://stockcharts.com/marketcarpet/?group=sec Happy Turbo Tuesday

Peakdread > I agree, the Airbus news seems like an overreaction and shouldn't significantly impact RR, especially considering they don't make engines for the affected airframes. My buying strategy is located at the retracement levels 1st being 451 next 440 & 428. The overall market appears to be entering a correction phase, which could last for the next 5 to 8 sessions. expect to see the general market move back toward the 21-day moving average, with momentum likely to decline substantially as we approach the end of June and the beginning of July. Remember anything can happen.

The pullback on the tea leaves has hit the Fib 0.382 @ 451.51 and the price is now consolidating meanwhile lower potential targets are Fib 0.5/0.618 which are 440/428. I decided to add a few here at the first real retrace (8%) opportunity in a little while. GLA

''Hi svend, sure, I understand that, but it's rare to see rycey drop like that.''

Sorry but meaningless as it is only 0.4% and not worth arguing about, to be honest

Steve the SP moved 0.4 % to understand anything in probability-related investing any price change inside/outside 5% is just pure noise? and usually does not have any meaningful effect on the SP going forward its just market noise.

Great news onwards and upwards

Hi Peakdread Yes including Berenbergs

The consensus target price based on combined estimates of analysts covering the company is 483.33

Consensus target price based on combined estimates of analysts covering the company is 591.46

Quarterly volume is 250% above average @144m compared with 62m this is relentless accumulation if the SP closes above 539 this 'bird' could spread its wings a lot further IMOO GLA

Maybe someone is quietly building a large holding, spreading the purchases out over several months would make it less obvious.

Gary

If the average is between 2m and 4m then 14.3m is significant as it is more than 400% above the average anyways time will tell if this accumulation is done for now or if there is still more buying to come...

The spike in huge Volume speaks of the extraordinary accumulation, meaning someone is taking a serious interest in the company.

Reppyrr market price action/changes of any less than 5% are just market noise and I do not pay any attention to it hope this answers your question.

Marketduster I never made any reference to Citi Bank by the way please get your facts right before you wake up and write this rubbish and nonsense.