Member Info for Tomaaa

Rr101

The stop losses have been taken out all the way down from 313p to 298p on Wednesday, again on Thursday from 310p to 300p (a lot of small investors/traders move up stop losses as SP rises even in day to protect profits and avoid losses). Friday was aided by falling on a ‘triple witching day,’ hit around 288p so they’ve taken out a big chunk of stop losses in 3 days to where SP sits at present. The money left above its current SP is those who didn’t set stop losses, sold out in panic and took profits or sit on LTH. Some will also have added as the share price dropped to add to their holdings or to trade. Does that mean it goes back up Monday, NO but theirs money sitting on the sidelines if it does. Rycey sitting around 288p to the uk price. See what the stock futures hold tomorrow and you’ll also see whether the Turkish order has been priced in for sure at open. Fundamentals haven’t changed as if anyone bought in above it’s current SP expecting it to go upwards in the long run then nothing has really changed unless they’re desperate to sell. Issues at the Panama Canal and the Red Sea are the main issues that struck me in the news over the weekend but it’s short term back ground noise which will pass. GL

As said, article was reported over 2 weeks ago so can’t see why that would suddenly cause any concern.

Svend

Yes normal market movement but helped along with ‘triple witching,’ some stop losses being activated and shorters benefiting on the way down as a result. Did someone say drop to and bounce off 287p, we shall see.

If it stays above 280-285p on this pull back it’s likely got more room to go higher on the next leg up as you’re probably already aware by your charts. Future catalysts of adding the dividend back in along with any positive news on SMR make investors interested. Dividends always interest me.

If the US authorises some of or all of the extra 60bn in financial aid to Ukraine plus the adds on’s to Israel and some domestic issue’s (I.e: southern border) taking it up to around a possible 100bn package in January that could well help boost the US stock market as they’re filtering monies through Ukraine back into the US through US companies pockets. ‘Follow the money.’ Have to watch bonds/treasury note yields don’t spike as a result of what is effectively money printing through the back door by adding to the US debt pile.

Will be gone here once the SP moves back up.

Merry Xmas GL

Friday was third Friday of the month of December so ‘triple witching day’! You’ll get volatility in share prices on these days particularly in the last hour of trading. Triple witching is when the expiration of stock options, stock index futures, and stock index options all fall on the same day. It only happens four times a year, on the third Friday of March, June, September and December which can create a spike in trading volume and volatility. See what happens Monday now the date has passed. NOT to be confused with ‘quadruple witching day’ which is a different stock market day on the calendar.

Onthecoast

So the resistance should come around 285p on those charts.

Thanks, merry Xmas

Started on Wednesday when it went over 310 and it was run all the way back down to around 300p at close. I think todays drop was originally planned in for Thursday but got scuppered when Jerome Powell unexpectedly spiked the US stock markets late on Wednesday causing the UK markets to rally on Thursday as a result of the rises in the US. Same scenario occurred again yesterday (Thursday) when it went over 310p then fell back to around 300p at close. Today’s drop took place today (Friday) instead of Thursday as a result IMO. Some definite market manipulation for some reason to force this stock down as there’s nothing to justify the drop unless someone knows something the market doesn’t. RR has been drawing in a lot of investors over the past 12 months and press as a result so perhaps someone wanted to take the wind out of its sails. US finished 4.99% down and followed a similar pattern as the UK down today. Will see how the markets view things next week so see how it reacts Monday. The fact it reacted the same Wednesday and Thursday with the further drop coming Friday doesn’t sit right IMO

Problem as I see it is simple. Markets don’t believe the central banks talk. US markets have priced in 6 interest rates drops in 2024 starting in the spring (March/april). US governor has vaguely indicated maybe 3 towards the second half of the year. Uk markets have priced interest rates drop from spring (March/april) of between 0.5-1%. Uk governor has indicated maybe drops towards end of 2024 into 2025. Time will tell who’s right but there’s pressure on both governors in 2024 within government election years. Going on how the markets have reacted to the thought of interest rate cuts to come next year then if those cuts become reality it could cause a melt upwards in stocks and assets. Lots of pressure on central banks to get it right or divide between haves and have not will increase. Being on or off stock markets carries risk as you wouldn’t want to miss the day a big central bank drops interest rates but that depends on central banks timing to carry out interest rate drops

Svend

I think the short was supposed to happen Thursday as it was nicely set up on Wednesdays falls BUT Jerome Powell threw a spanner in after the US interest rate meeting which spiked the markets so everything fed into today instead. I think one poster said 287 so likely knew what was going to go down as got very close to the bottom. GL laters.

Showing back above 290 on my screen. US seems a mixed bag in futures market today but low 290’s is a pretty tempting price today if they’re in a buying mode. GL

No, not a completely hysterical reaction. Shorters can see where the stop losses are bunched up and take them out on the way down for fun. Those investors aren’t about to adjust loss level. If it retraces back above 290 it should ease off but this has played well for the shorters and not unplanned today.

Taking out quite a few stop loses, lots of smaller trades selling for same price level. Market can see those stop loses.

Nick

Will be some easy profits heading to the tax man for Xmas with those bigger sales 🤣😂🤣

Jane

“I told you to buy the shorts. You need to listen! Sell the shorts at the end of the day today.”

Your above post was “clearer” today unlike yesterday which was rather vague. Expected price wouldn’t be 287p by any chance 😁😁😁

Swing traders will be all over this at these price levels, sold Barclays trade this morning, I’m in even if I need to add to my current holding here longer term, classic shorter action here to get price falls like this with no news in I can see to justify it.

Started at US opening…

RR price dropped down

AIR.PA price dropped down

RTX price dropped down

BOEING holding blue

GE up blue

BAE down most of day

Order due? Or just rotation into more depressed stocks wether investor or market led

Markets looks keen to hold it below 137p at the moment. Tried 3 times this morning but forced back down each time…:)

US waiting for the FED chair to speak at Jackson hole for any signs on further rate rises. Ukraine war at final stages with them being all in with their final best reserves on the offensive. Wars are always a numbers game in people/population you can field on the defensive line, holes are starting to appear on Ukraine side and Russia hold 200,000+ fresh reserves waiting to be used. Curious to see how a peace deal might improve stock market sentiment or not. Definite change starting to appear in some of the more serious reporting over in the US ready for the blame game. UK press wouldn’t know the truth if they tripped over it :)

Yes, could well drop a fair bit lower than the rights issue yet. Sometimes trend is not your friend, have to sit on hands and avoid the buy button :)

Somebody needs to read the story again. Sunack actually said he’s seeking to cut national insurance or the basic tax rate by 2p before the next election to incentivise work as inflation falls. He said “seeking to” not “going to” by the way.

Most investors will be breaking down banks weakness in certain liability areas to gauge certain risks. Commercial real estate is an area that looks like being revalued at some point. If companies start to put out poor earnings in the second half of the year expect to see them scale back on jobs and investment which adds further fuel to a recession.