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cev & **** nal
just to help you two out, some shares are suffering today as a result of concerns in the red sea. oil price is rising due to safety concerns on oil passing through suez. across over to the side of the world at the panama canal and their are various issues but mainly the worst drought in 50 years causing environmental issues that have restricted the volume of shipping that passes through on a daily basis for some time. both point where pointed out here last night for today. oil stocks are up today are up today for a reason đđđ
****nal
then donât read or comment on them. i never left by the way just didnât feel the need to post everyday when the sp was going to rise and then listen to your drivel. charts predicted the fall last week and where roughly it would fall to whilst you two where calling many chartist here out with no idea how it would pull back. not unhealthy for a share price to pull back and rise before the next leg up either đđđ
Cev
Are you a school teacher by any chance as people here are not school children who need you to scrutinise there posts for grammar and spelling mistakes every time they post. As long as I understand their general point or information that they post here then Iâm cool with gramma or spelling mistakes. Predictive text inside some apps is very much a nightmare sometimes and with no spell check. đđđđđ
Cev
You understand nothing, itâs over as you canât polish a turd with your excuses, your beginning to sound like an EU re moaner. Stock markets have moved on from Ukraine unless thereâs money being printed direct from the western tax payers to the money men in walls street. Please drop the chat about wars and return to the discussion about RR and anything that affects the RR share price. If you donât like my English gramma either I can always post in Spanish German or French đ¤Łđđ¤Łđđ¤Ł
KODAL
Whatâs your take on whatâs happening there, has it bottomed out after recent news and the drops in the price of lithium? Been rising albeit slowly over past few sessions, any further news due after they got the funding through coming?
Rr101
Remember all that money that was taken out on the drops from 310+ is currently sitting on the sides to see how it goes over next few days. Slightest bit of good news over next few days and itâs off to the races if they start coming back in. Fundementals havenât changed here as I see it at the moment. Big catalyst here is always when they bring back the dividend some time in 2024 đ markets have priced up to a 1% drop in uk interest rates by spring 2024 so they can only be expecting a mild recession in the uk next year where the BOE will have to lower interest rates accordingly to counteract that assumption IMO
Guys/girls
The war in Ukraine isnât of concern to Wall Street anymore apart from the US and the EU sending more money in on a fools errand. Most of these monies will feed back through the pockets of western companies when itâs spent by Ukraine. Basically printing money through the back door through western companies whilst adding to their own countries debt piles by stealth. As long as they can keep that process from spiking bonds/treasury notes then the stock market wins. As for the war in Ukraine itâs lost, Ukraine have maximum 300,000 active military personnel left whilst Russia have over 750,000 active personnel in the area alone so based on those numbers itâs only going one way. Wars of this nature are generally won by boots on the ground, itâs nothing like any war the west since the end of WW2. Itâs over, jog on from this topic and talk about RR.
Rr101
Red Sea effect on shipping is the only issue that will bother stock markets, everything else is being contained inside Israel and Gaza. Donât confuse Wall Street of having any empathy or compassion on world events unless they can make or loose money from it GL and Good night!
The issues at the Panama Canal are actually benefiting the UK and the EU as the volume of shipping isnât getting through as it has. As a result a lot of LNG has been diverted to the UK and EU markets so hopefully that helps energy prices over this part of the world. đGL
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 âtriple witching day,â hit around 288p so theyâve 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 didnât 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 youâll also see whether the Turkish order has been priced in for sure at open. Fundamentals havenât changed as if anyone bought in above itâs current SP expecting it to go upwards in the long run then nothing has really changed unless theyâre 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 itâs short term back ground noise which will pass. GL
Svend
Yes normal market movement but helped along with âtriple witching,â 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 itâs likely got more room to go higher on the next leg up as youâre 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 onâs to Israel and some domestic issueâs (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 theyâre filtering monies through Ukraine back into the US through US companies pockets. âFollow the money.â Have to watch bonds/treasury note yields donât 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 âtriple witching dayâ! Youâll 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 âquadruple witching dayâ which is a different stock market day on the calendar.
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. Todayâs 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 thereâs nothing to justify the drop unless someone knows something the market doesnât. 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 doesnât sit right IMO
Problem as I see it is simple. Markets donât 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 whoâs right but thereâs 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 wouldnât 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.
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 arenât 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.