Member Info for Svend

You said I am just a ''gypsys reading tea leaves'' so what does your 'financial analysis, geopolitical events, psychological impact et al.' mean FA? (Seems the shorts are losing their shirts quickly and now getting well and truly spanked)

SS17 Yes nice finish on the SP500 cub with handle format on the 1-minute and to finish above 4300 the race from the bottom has started... DYOR

*Typo Support (Resistance)

''No hate, I understand your position, but you simply can't call RR with support and head positions right now.''

Noted NTC without reading the chart (leaves) you can't see the bumps ahead recall I said that the 200 would most likely act as resistance was not pre-scripted but by reading the tape similar to the fact that the incoming level of 256 was previous support now likely/potential resistance no magic just look left my cat friend.

RR14 - Madam/Sir well spotted it's been going on for 3 consecutive days and now we have broken up on the MACD it's no longer taxiing it's airborne and now back on route 213-223 in flight and climbing fast with the next destination as scheduled AGW fingers crossed etc

''Given that earnings growth in excess of 20% is expected to be delivered both next year and in 2025, considerable capital growth potential remains on offer.''

Keep your seatbelt fastened November is going to be a turbulent month. The Oct 30 SP was at 200 and today close to 220 that's a rocket move of 10 % in under 3 days.. Once closing above 223 skies are blue and the 250/255 area looks to align concurrently with a trendline toch on a descending triangle. DYOR IMOO GLA

Sheltie it's time to go vertical let's Rock & Roll 😀

OTC Great post once the rating agencies update RR to investment grade the institution's funds tend to follow suit.

Nice 4-5% up thrust this morning heading back in the direction of the 213/223 channel range before attempting another leg up.

When black cats prowl and pumpkins shine, when shivery shivers run down your spine, when ghosts and goblins ring the chime, beware and be scared – it’s Halloween time!

Richie33 - RR is already flying it is currently in a holding position until they get a commitment on the SMR meanwhile the engines are spinning whilst flying hours are soon taking out the pre-pandemic numbers it's all out there in the actual flying hours. Maybe a dividend shall appear when the rating agencies get their numbers rehashed and crunched.

Analysts are forecasting that Abrdn's adjusted operating profit will grow at an average of 107.3% per year over the next three years. This would mean that the company's profit would increase from £263 million in 2022 to £1,005 million in 2025.

It is important to note that these are just forecasts, and actual results may vary. However, the outlook for Abrdn's profit is positive, given the company's strong track record and its focus on growth opportunities.

The estimated profit for Abrdn over the next three years, based on analysts' forecasts:

Estimated profit (£ million)

| 2023 | £376

| 2024 | £650

| 2025 | £1,005

According to ABRDN's financial results for the last three years, the company's adjusted operating profit has been as follows:

2020: £323 million

2021: £419 million

2022: £263 million

This represents a profit growth of 20% in 2021 and a decline of 19% in 2022.

It is important to note that 2022 was a challenging year for the investment industry, as markets were volatile and many investors experienced losses. Despite this, abrdn was able to generate a profit of £263 million, which shows that the company is resilient and well-positioned for the future.

Overall, abrdn has been profitable in the last three years, although there has been some volatility. The company is well-positioned for growth in the future, particularly in its Adviser and Personal businesses.

OTC Agree Mr Market needs to stay optimistic and on the right side of the 200 SMA otherwise, all good news gets buried in sentiment.

There is no other way around It's always been the same the cycle chain won't work unless it gets lubricated or oiled.!

OTC Yes it's going to be an interesting Halloween make markets volatile ensure your seat belts are fastened and enjoy the voyage. AIMOO

Onthecoast agree let's get the October Halloween madness out of the way and fly away to some new blue skies further above the clouds

SP 500 heading towards revisiting the recent lows (4188) for a third time this week a close above 4235/55 may be considered constructive going forward..

Bank crises 2008 Fred the shred springs to mind.

Look at the bright side those who reinvested the dividend may have gotten more shares at a very favourable discount and at a very good entry point that is if the tide is changing as we leave behind Mad October next week.