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Stockdale agrees 100 % well said let's just say that let the Phoenix rise and fly on the GILTS while we shall see if 'P1946' gets his short covering covered before we take off like an eagle, all in good times of course all the best and enjoy the voyage all

Thanks, Steve note the 15-minute MA's bowtie forming on the SPY this could have some strong up legs forming going into the close and we may see a potential breakout on the SPY to the upside - stay the course IMOO and enjoy the voyage

Steve626 total flights as of October 8 currently stand at 210905 compared with 195834 back in 2019 which is a plus of 15071 flights which is more than prior to the pandemic so the Engines are differently spinning. Now we just the stock price to move in the same direction and without too much headwind.

If the SP500 can keep up the thrust it gained on Friday and we see a close today above 4320 then the 212/213 levels may come back into play as temporary turbulence/resistance points once above 223 then the blue skies become visible again.

Metom FYG here is another perspective https://seekingalpha.com/article/4639595-sp500-bulls-have-ball-week-starting-9-october-technical-analysis?mailingid=32963238&messageid=2850&serial=32963238.4876&utm_campaign=rta-author-article&utm_medium=email&utm_source=seeking_alpha&utm_term=32963238.4876

Metom 19 October 1987 was very scary indeed known as the most catastrophic worldwide stock market crash ever. Meanwhile, last Friday's close in the USA seemed on a positive note provided SP500 keeps above the 4200 and/or 4050 levels then perhaps a soft landing is more likely than a crash. IMO

Cat explosive reply if not nuclear what's next on SMR then?

*IMOO GLA

Metom I think you are spot on and he may have a strong and very valid point here about why hang around the kindergarten (Concs/Labour/LIB) to make up the obvious logical call when it's a no-brainer for the SMR why not be the first and in UK?

He already sounded off the warning shoot when he earlier said that SMRs are like planes in the air currently in a waiting position.. (meaning at some point you got to land safely..) and they are not standing by idle.

Zebrow - my thoughts exactly the same where is the connection with this dumb following the ELIX start-up this drop is perplexing at best!

Negs11, just to follow up on the failure rate of AIM companies is somewhat difficult to determine precisely, as there is no single definition of what constitutes a failure. However, some estimates suggest that around 30% of AIM companies eventually fail, meaning that shareholders lose at least 95% of their investment.

This failure rate is higher than the failure rate for companies listed on the main market, which is estimated to be around 20%. However, it is important to note that AIM companies are typically smaller and earlier-stage businesses, and therefore face a higher risk of failure.

There are a number of factors that can contribute to the failure of an AIM company, such as:

Poor management

Weak financial performance

Competitive pressure

Changes in the regulatory environment

Economic downturns

Investors should carefully consider the risks involved before investing in any AIM company. It is important to do your own research and understand the company's business model, financial position, and management team.

Here are some tips for reducing the risk of investing in AIM companies:

Invest in companies with a proven track record of profitability.

Avoid companies that are operating in highly competitive industries.

Invest in companies with a strong management team.

Diversify your portfolio by investing in a range of different AIM companies.

Monitor your investments regularly and be prepared to sell if a company's performance deteriorates.

Negs11 generally speaking and from experience, anyone who dabbles in shares on the AIM market is literally gambling having said that there are of course winners as well who eventually find their way to the main market but they are far and few between

Here comes the bounce a close on the SPY above 4320 and the low for RR 204.3 is a red line in the sand. Going forward and upwards from here the clouds are looking fairly clear above the 216 mark at this moment however expect some turbulence while approaching the 212 level GLA

OakhamFlyer - well done on your timings not my cup of tea as would not like to see the sign Gate Closed when this lady takes off to the blue skies and leaves everyone wondering where the upthrust came from. The overall market (USA) is potentially very oversold and COULD rebound in the 4th quarter. Meanwhile, Tealeaves pointed towards the 200 mark for support and a close above 224 for another leg up.

The chances for a rebound in the general market (USA) for the 4th quarter are uncertain. There are a number of factors that could support a rebound, including:

Strong earnings: S&P 500 companies are expected to report strong earnings for the 3rd quarter of 2023, and this could provide a boost to the market in the 4th quarter.

Positive economic data: The US economy has been growing steadily in recent months, and this could continue to support the stock market.

Seasonality: The 4th quarter is typically a strong quarter for the stock market.

However, there are also a number of factors that could weigh on the market in the 4th quarter, including:

Rising interest rates: The Federal Reserve is expected to continue raising interest rates in the coming months, which could dampen investor sentiment and lead to lower stock prices.

Geopolitical tensions: The ongoing conflict in Ukraine and other geopolitical tensions could weigh on the stock market.

Recession fears: There are growing concerns about a potential recession in the US, and this could lead to a sell-off in the stock market.

Overall, the chances for a rebound in the general market (USA) for the 4th quarter are uncertain. There are a number of factors that could support a rebound, but there are also a number of factors that could weigh on the market. Investors should carefully consider all of these factors before making any investment decisions.

According to a recent survey by Bank of America, 70% of fund managers believe that the S&P 500 will end the year lower than where it is today. However, it is important to note that this is just a survey result, and it does not necessarily mean that the market will actually go down.

Investors should always do their own research before making any investment decisions, and they should never invest more money than they can afford to lose.

''All facts I have posted previously. And far more valuable than the emotional drivel posted by those in denial. Surely they should be able to identify a share that’s in meltdown. The signals are obvious - as exemplified by Phoenix.''

Seriously! - The largest seller of shares in recent months has been MS&AD Insurance Group Holdings, Inc. MS&AD is a Japanese insurance company that has been gradually reducing its stake in Phoenix Group since 2022.

There are a few possible reasons why MS&AD may be selling its shares in Phoenix Group. One possibility is that MS&AD is looking to raise cash to fund other investments. Another possibility is that MS&AD is no longer as confident in the long-term prospects for Phoenix Group.

It is also worth noting that MS&AD is not the only shareholder that has been selling Phoenix Group shares in recent months. Other major shareholders, such as BlackRock, Inc., have also reduced their stakes in the company.

Overall, it is difficult to say definitively why the largest seller of Phoenix Group shares has been MS&AD. However, it is likely that MS&AD is selling its shares for a combination of reasons, including a need to raise cash and a change in its investment strategy.

It is important to note that the sale of shares by MS&AD does not necessarily mean that Phoenix Group is a bad investment. However, it is something that investors should be aware of when making their investment decisions.

The real price valuation for Phoenix Group (PHNX.L) is difficult to determine, as it depends on a number of factors, including the company's future earnings potential, the overall economic environment, and the risk appetite of investors.

However, some analysts have estimated that Phoenix Group is currently trading below its fair value. For example, Simply Wall St. has a fair value estimate of £8.74 per share for Phoenix Group, which is significantly above the current market price of £4.55 per share.

The latest 12 Analysts' combined consensus is overweight with a target price of 625 implying some 37 % discount in the current price.

Other factors that could support a higher valuation for Phoenix Group include its strong market position, its track record of profitability, and its commitment to returning capital to shareholders.

However, it is important to note that there are also some risks that could weigh on Phoenix Group's valuation. For example, the company is facing a number of challenges, including the challenging economic environment, rising interest rates, and competition from other insurers.

Overall, the real price valuation for Phoenix Group is likely to be somewhere between its current market price and the fair value estimates of analysts. However, it is important to do your own research before making any investment decisions, as there are a number of factors that could impact the company's valuation in the future.

The two main reasons for the concerns/weakness in the share price are:

The UK economy is facing a number of challenges, including high inflation, rising interest rates, and a potential recession. This is weighing on all UK stocks, including Phoenix.

Relatively slow growth, Phoenix has been growing more slowly than some of its peers in recent years. This is due in part to the challenging economic environment, but also to the fact that Phoenix is a relatively mature company.

In addition to these two main factors, there are a few other things that may be contributing to the weakness in the share price:

Rising interest rates: Rising interest rates can make it more expensive for Phoenix to borrow money, which could impact its profitability.

Competition from other insurers: There is a fair amount of competition in the UK insurance market, which could put pressure on their margins.

Regulatory changes: The UK financial services industry is constantly evolving, and new regulations could impact their business.

Overall, the weakness in the share price is likely due to a combination of factors, including concerns about the UK economy, relatively slow growth, and other headwinds such as rising interest rates and competition.

It is important to note that stock prices can be volatile and can move for a variety of reasons. It is always important to do your own research before making any investment decisions.

RonR the daily/weekly/monthly SP fluctuations are somewhat meaningless I am looking long-term and if you pull up a chart on the quarterly the SP is in full recovery mode and building on a new fireless platform IMO DYOR.

OWLS probably getting ready for take-off after a potential re-test towards the 200-round number meanwhile the SP closed outside the 'corridor' below 213 and the short-term daily MAs indicated by short-term weaknesses

RonR > Speaking probabilistically the SP is likely to follow the US market and the chances for the SPY (S&P 500) to be positive in the month of October 2023 are good. The S&P 500 has been positive in October in 17 of the past 20 years, for an average gain of 1.7%.

There are a few reasons why investors may be optimistic about the S&P 500 in October. First, the stock market has historically performed well in the fourth quarter of the year. Second, the economy is expected to continue to grow in the coming months. And third, corporate earnings are expected to be strong.

However, there are also some risks that could weigh on the S&P 500 in October. One risk is a potential recession. Another risk is rising interest rates. And finally, there is always the risk of geopolitical events or other unforeseen circumstances that could impact the market.

Overall, the chances for the S&P 500 to be positive in October 2023 are good. However, investors should be aware of the risks involved and should diversify their portfolios accordingly.

Here are some additional factors that could impact the performance of the S&P 500 in October:

The outcome of the US midterm elections

The Federal Reserve's monetary policy decisions

The ongoing war in Ukraine

Global economic growth

Inflation

Corporate earnings

Investors should monitor these factors closely and adjust their portfolios as needed.