Member Info for tawse57

I have not a clue. Local shop staff told me they had a good Christmas FWIIW.

BadNewInvestor - sensible staying out. The share could easily have been down 10% or more this morning. I am waiting for the US job numbers tomorrow. There is supposedly also a US Supreme Court ruling on Trump's tariffs which could rattle markets.

FYI - (from Zerohedge):

"Negative For Oil Prices In Long-Run": What Maduro's Purge Means For Oil According To Goldman's Trading Desk

"The last time this happened (with the Iran strikes in June), crude sold off twelve dollars the next day and vol and call skew collapsed."

https://archive.is/Gzvs8

Low volume day. For the past few weeks, especially on the US markets, the big boys have been taking advantage of the low volume to manipulate prices up in the futures, early day trading. They then sell into this to retail - the likes of you and I, pension funds. The big boys do not want to crash the market outright as they still have stock to sell they play the same game daily.

TLDR: The big boys are pumping markets early in the day to generate the volume from retail buyers so that they can sell stocks to them.

Full article is archived here: https://archive.is/AvOFA

'Ocado and WH Smith targeted as hedge funds bet against festive trading'

TLDR: Retail stocks are among the most heavily shorted on the London Stock Exchange in the run-up to Christmas

It basically lists all the UK retail stocks that hedge funds are bearish on due to the current state of the economy. M&S is amongst them. Basically says that all indications are that people have reigned in spending.

Peace and blessings to us all.

Carrington - thanks for the info. I am not bearish on M&S. Just weighing up the pros and cons. I have M&S penciled in for both my ISA and pension. I do want to see what happens this week with a lot of financial info about jobs, inflation, etc, coming from both the UK and US, not least UK retail sales dropping on Friday morning. We also have this much anticipated BOJ interest rate announcement coming on Friday.

Interesting article. They aren't expecting good things from Tesco, Next or Primark. An indication of how Brits are reigning in spending.

The comments on a Daily Mail M&S advertorial about their current Womens range are pretty damning. Lots of comments from women saying that the clothes make even the models look old. Older ladies saying they would not wear such frumpy designs. Others complaining about what the items are made from. People go straight to the DM comments these days. I would say that this advert has backfired big time.

https://www.dailymail.co.uk/lifestyle/fashion/article-15378069/Per-Una-cool-M-S-You-magazine-editors-brand-designer-inspired.html#comments

Big day in the US on Wednesday. A Fed cut in interest rates is all but written in stone. Then Fed Chair Powell makes a speech on Wednesday about 7 to 8 UK time. The fear is that he will cite a hawkish caution. He is leaving the job next year and him and Trump are never going to be playing a round of golf together. As always, we are told that the markets could react violently to what he says. They always say that, whoever they are.

I was having a coffee with an early 60s female friend last week. She has inherited her Mum's home and is looking to invest. We got talking about some UK shares and M&S came up. I told her the price had dropped back down. She went into a big speech about how terrible the women's clothing is this year and how, amongst her friends, they are all talking about it. A bit later on we were passing the M&S shop. I asked her to show me what was wrong with the clothes. As a man, I thought the clothes looked quite nice. She took me around the clothing section pointing out a number of things.

1. Not cosy. She said there were few items that you could wrap yourself in and feel warm & cosy. She explained this repeatedly by showing me individual items and asking how would that feel being worn. 'Not cosy' is apparently a big problem with the range.

2. Most of the clothing appears to be mostly made from plastic with some cotton or some wool woven into the item. Most items were harsh to the touch.

Anyway, just an anecdote.

@Primetime51 - I am looking to buy EZJ once the budget has come and gone. I will be very surprised if air travel is not taxed more tomorrow. I am a bit concerned about posts that EZJ might fall out of the FTSE 100 on Dec 5th. I was not aware that was a possibility.

Brits do 2 things - sacrifice for their kids at Christmas and must have their Summer holidays. I will be looking at Wizz, EZJ and Jet2 once the budget is out of the way. DYOR.

IAGEZJ, there are a few million new 'British' who have no interest in paying to fly to Tenerife or Alicante for 2 weeks. They much prefer UK tax payers to pay for them to fly back to places like Afghanistan, Somalia and others I dare not mention - you know, those places they allegedly escaped from due to being in danger of their lives. In all seriousness, when you bring in several million people from the Third World, whilst the Boomer generation is slowly dying off, not just the demographics and culture of UK and EU society will change forever but also the economics of the place will change. You bring in the Third World in vast numbers you will, whether people like it or not, eventually end up as the Third World. Look at Germany, in a few years it has gone from global economic powerhouse to blowing up nuclear power plants and de-industralising. VW is now 260 billion in debt. It will never recover from that. The German engineers who can get out are apparently fleeing to the US in growing numbers. Here in the UK several investment funds have withdrawn from investing in the UK or reduced their investments. Some billionaires have left. The Head of Goldman Sachs in Europe has relocated from London to Italy. About 40,000 millionaires have fled since Labour came to power and increasing numbers of skilled British are leaving - 300,000 in the last year. All the signs are there. We have 4 more years of Labour. The agenda is the same in Germany and France.

Rant over.

The market is forward looking. What happens in the next 6 to 12 months is the concern now. UK and EU economies going down the pan. There is no course change coming from any of the politicians running most EU countries. They are doing what their globalist WEF masters tell them to do. Net Zero, 15 minute cities, digital IDs and putting experimental stuff into cows to stop them farting. I probably will be arrested and dragged away fro re-education for posting this.

Really? I am surprised to learn this.

The rich are fleeing the UK. Never a good sign. Between 35,000 and 40,000. Apparently an extra 300,000 skilled real British people left in the last year. The signs are there to see.

Two things people are focussed on I suspect:

1. Budget. Looks like airlines will be hit by some additional taxes.

2. A load of key US economic data out this afternoon / evening between 1.30PM and 7.30PM UK time IIRC .

Is there any info / consensus yet from the City about what Reeves will do to air travel in the budget?

Good results from Zalando this morning. Similar business to Asos.

I follow Carrington as he invests in several shares I am in to. He regularly posts sells as well as buys.