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O - we have the same going from Newport - they've been overwhelmed with donations. Another thing that warmed my heart over the weekend was the Germans standing on the train station holding up notices and saying how many rooms they have available for people, and the people arriving by train into Poland being welcomed with blankets, toys and sweets for the children, hot food/drinks etc - it just shows there is good in the world and hopefully the good will overcome the evil of Putin - I hope his own population start turning on him - they must surely start to wonder why if Putin is so right about the Ukranian situation why all these western companies are pulling out of Russia.
Good morning all - hope everyone is keeping well.
Looks like a lot more volatility in the markets this morning - not surprising really given the events in Ukraine over the weekend - images coming out from there in the main have been so concerning - Putin has to be stopped and tried for war crimes. On a positive, more and more companies are pulling out of Russia every day so hopefully it will start to get really tough for the Russian population - still not as tough as the Ukrainians are having it though. Netflix, AMEX the latest and lets hope they do bring in a ban to buying Russian oil.
I have seen a few heartwarming videos - a little girl in a basement bunker singing let it go from Frozen and a young female pianist in a town square or something playing what a wonderful world - nearly brings me to tears. Good to see that the fund raising for the Ukrainians is going well - I will try my best to contribute as much as I can again this week seeing as the volatility is bringing opportunity/profit - FTSE down 2.62% so far this morning with European markets fairing even worse. Never know, if the ceasefire holds this morning the market may turn a little more positive.
Good morning all - its nice, dry and sunny here for a change - fingers crossed that it stays that way for the weekend.
Looks like today may be optimum fear in the market after the events in Ukraine last night - let's hope that the weekend brings some sort of resolution - I note that there has been an agreement made on "safe corridors" for medical supplies and evacuation of women/children so let's hope that's a first step in getting everything sorted - even if its just a ceasefire for more negotiations to take place.
I'm going to wait until nearer market closing time before I buy back into ASC - nearly £2 a share off my sell price from yesterday so that's not bad.
Hope everyone has a good day and that you all have a nice weekend planned - I'm off to walk the ewok and make the most of the weather - had to order new wellies yesterday as my existing ones sprung a leak - feet goat soaked!
O - I was having a chat on the OCDO board the other week and someone came on the board mentioning they had done much better investing in FXPO as that was up 31% at the time they commented even though it was still down 50% from its highs last year - I can't believe how far its dropped now but I think you're right to stay away until the mist clears - like you say, there's loads of good companies that have been/will be battered with what's going on - I'm making sure my trading pot isn't invested overnight in the current climate as you just don't know what the next day will bring.
Well I've been trading a bit of ROKU in the States since last week - actually been doing OK on them - I have a price alert to buy at $112 so I'm just going to wait and see if it gets triggered. ASC being hammered this afternoon - so for my 200 shares at £17.60 I could buy back this afternoon for £16 and pocket £320 - going to wait though.
O - things could drop a lot lower by tomorrow - I think the markets have started selling off big time because (according to Bloomberg) a comment that Macron has just made following a telephone conversation he had just had with Putin - apparently his comment was "this was only the start of things, and that things are going to get a lot worse" - scary stuff.
Well I just came back from walking the ewok - she just wouldn't stay under the umbrella so got suitably soaked and muddy!
DJ - you're taking the best approach in sitting back and watching if you're not experienced - one thing I would suggest is rather than trying to watch too many things, you could look at one share/company that you're particularly attracted to and start watching the range movements/trading patterns on it - when things start to turn you could then start accumulating/building a nice position over time in that company just by trading the swings. I agree with what you're saying about France - I've fancied them for the championship from before the start - maybe I should have put a little bet on.
N - if you think you can buy the shares back cheaper, especially with the volatility as it is at the moment, there would be no harm in letting your position go - I sold the ASC I bought this morning at £17.60 - if I had a holding of 200 shares I could buy them back now for roughly £120 cheaper but I think they will go lower later so that would be more money in my pocket.
Good morning all from a wet and miserable South Wales.
Markets volatile again today - took the opportunity of buying ASC on the drop this morning - can't believe I was buying for under £17 but I won't be holding them too long - they could have further to fall according to Mark Miniverni's 80/50 rule.
V - I see DARK is doing well this morning - really pleased for you.
I see the Government have launched a campaign/fund raise for the people in Ukraine and that any money donated will be matched by them - its warming to see all the support for the Country - just need to get Putin out of power - I'm hoping that people within his own circle will turn on him as day by day Russia is being isolated - not just with the sanctions that have been implemented by various governments, but its good to see that all major companies are no longer going to supply Russia with goods - the list is getting quite long now.
Hope everyone is OK.
Good morning all - bit of a dark, dull morning here but if its only the weather I have to moan about then I think I can consider myself to be very lucky considering what's going on with Ukraine - its good to see that the world are rounding on Putin - there are supposed to be more peace talks at some point today so I'm really hoping some good can come from it.
Markets are down again this morning - think its all to do with the acceleration of hostilities in Ukraine but if some positive news comes out about peace talks then I should imagine things will turn on a sixpence.
n - hope you're enjoying the job - nice to be out and mingling.
O - I'm dreading the game against France - the way they're playing they could really make us look absolute fools the way we're playing. Bet you're looking forward to watching Marcus Smith "in the flesh" so to speak - he does remind me of a young Gavin Henson with the flair that he shows - an exciting player.
N - glad you got your shortlist for your sofa's - can be quite a tedious chore and one that I will have to start doing myself shortly. If you can get "the right side" of the volatility, then fortunes can be made in this sort of market - they can obviously be lost as well so unless someone knows what they're doing its sometimes better to take a back seat and just watch until things settle down a bit. There will be some bargains to be had now though like there were in the covid period - travel and airline stocks I should imagine will rebound strongly again - Easyjet went from £4 to £12 and CCL went from £4 to £17 (and back down again!) so there is money to be made - seems wrong to be saying that when people are losing their lives.
Hope everyone has a good day today whatever they may be doing.
V - well done on your trade on DARK - they seem to be coming back to life a bit and they remind me very much of MCRO a couple of years ago when the volatility was quite high and there were good swings to be had - I have read that their results come out on Thursday so not sure whether its a question of buy on the rumour, sell on the news, but you're probably aware of that but thought I'd mention it just in case.
Hope everyone is OK - have a good day all.
Good morning all from a dull, wet, dark South Wales.
Looks like things between Ukraine and Russia could really get more ugly than it already is - the thought of Putin with his nuclear weapons is absolutely horrifying - if it does get anywhere near that I would hope that one of his nearest would take him out to prevent it from happening.
Market seeming to take a hit again this morning from what's going on, but it could well rally again if there's positive news about the peace talks on the border of Belarus - given that Belarus is joining forces with Russia to attack Ukraine I think the Ukranian people going there are extremely brave and must have balls of steel - doff my cap to them for having the bottle to go.
Hope everyone had a good weekend - for me I watched the rugby with another disappointing display from Wales but the French look like they were on fire and just getting warmed up against Scotland. The farce that was the Ireland/Italy game was just not a game - Italy find it hard to keep up with the other nations with 15 men let alone being penalised and having to play the majority of the match with just 13 men - hopefully the rules will be looked at again and maybe discretion/circumstances behind why a team hasn't got a prop will be taken into consideration - I can understand it stops potential manipulation of a game, but it was clear yesterday why Italy didn't have one to put on.
Back to the markets - I was trying to work out why on earth it rallied so much at the end of last week with everything bad going on, but I came across an article on marketwatch.com about the SEC's proposed new rule requiring short sellers to disclose their positions monthly - part of the article read "the rule, as designed, would increase disclosure of what is known as "buy to cover", essentially when a trader initiates a buy trade to close their short position on borrowed shares, something that short selling critics likely will welcome as it would aim to further curb so called "naked shorting", a practice the SEC mostly outlawed in the wake of the 2008 global financial crisis for traders using non-existent shares to short stock of public companies" - the view is naked short selling will diminish significantly. You have to think that this sort of thing is one of the reasons for the massive swings on the large US companies in recent times in both directions - I think one company was about 60% up one day (can't remember the name of it) because some news came out which meant shorts had to close - if it does what it says on the tin, hopefully the UK will follow as I do think there's too much manipulation going on.
DJ - welcome to the volatility that the markets can bring - it does go schizophrenic at times but if you can trade the spikes/shakes, its a time that you can do extremely well as a result.
TD - hope you're having a lovely holly bobbles.
Good morning all - Friday already - and its nice, bright and dry here.
Well what a day it was yesterday - US markets ended massively up but some are saying that could have been some sort of short covering, and I know I said that I was done with trading in the US, but I was a bit bored and saw how low they were yesterday afternoon so managed to make up my losses on FB/Meta and I had a nice trade on ROKU as well. In fairness, I don't particularly want to profit from others misery so I'm going to see if there's any charities or something set up to help the people in Ukraine.
Looks like the markets may be a bit schizophrenic again (bit like they were at the start of covid I suppose) so more opportunities with the volatility - just watching that analyst on Bloomberg who is actually saying the same - he thinks that the next few weeks will be interesting as the risk of rising interest rates are lower with the Russian invasion of Ukraine.. UK futures up over 1% as is the DAX futures, but the CAC futures are 0.50% lower in line with the US futures - all down over 0.50% - not sure how today will pan out considering we're going into the weekend.
Hope everyone is OK and that you all have a good day - good luck all.
N - I've been reading various comments about the Nasdaq/US markets and there seems to be a view that maybe they've now hit the bottom - even Mark Miniverni said yesterday that he may start introducing funds to the markets/being selective (or words to that effect) after being mostly in cash since November of last year, and on a technical basis I understand the FTSE 100 went below its 200 DMA today which may also be a good sign.
I've also been watching shares like THG, BOO and ASC - based on MM's view that share prices drop either 50% or 80% from their highs, I certainly think that the first two are there or there abouts as I can't see them being pushed any lower - not sure whether ASC has further to fall though - be interesting to see how the next few weeks pan out - maybe because Putin has actually launched an attack there's no more second guessing.
N - I just think it's about managing risk at the end of the day - I'm glad I sold OCDO at an 8p loss the other day - my 8p loss has saved me a further 75p loss but I haven't bought back in yet - I may wait until tomorrow afternoon - not sure yet. If you're interested I found this useful tool on Barchart - if you go onto the site and type in the company you want to know about, it tells you what the signals are in respect of the share, but if you scroll down a bit, it gives you support and resistance levels for the company - I'm useless at charting but I did find that quite interesting.
O - yes I've noticed Trump spouting off - it seems that he's taken great glee in what's going on which I suppose is the man showing his true colours- absolute horrible individual.
N - hope your stop losses were in place.
Hope everyone else is OK - I have a feeling the sell off in the markets could just escalate into the weekend - nobody will want to leave money invested not knowing what the weekend will bring - knowing how these nut jobs work Putin will probably come to the negotiating table on the weekend having filled his boots with cheap assets - bit like Trump used to do when he was putting his tweets out.
Morning all - not really a good one considering the news about Ukraine this morning - I hope Putin has done what he has as a "warning" shot and that common sense will prevail and they come back around the negotiating table - he hopefully won't like the impact his actions have had on the Russian stock market - down 23% so far, with Sberbank or whatever it is down around the same amount (since typing this a few minutes ago they're both 28% down now) - from what I've read he's very money orientated. Unfortunately though this has all been in the planning stages for years so he has probably protected/ring fenced his own assets.
I had a day off yesterday - went dog walking with my Brazilian next door neighbour - her English isn't that good so we've agreed that she will teach me 5 Portuguese words each day and she can practice her English while we're out - she has a shih tzu that is virtually identical to mine (you would think they were Sisters) except hers came with them from Brazil.
Tin hats today me thinks but in the scheme of things there's bigger things at risk - DAX futures down over 5% which is probably down to their reliance on Russia for gas and things, CAX down over 4%, FTSE futures over 3% down - with US futures down by similar amounts. I think I'm going to just sit and observe as I think things could get even more worrying over the next few days.
N - I decided to wait until tomorrow before I buy anything - US markets starting to sell off at the moment and I just have an awful feeling that Putin may step up with the rhetoric a bit later - NATO I think it is are giving a press conference saying that there is every indication that Russia is planning a full attack - hope they prove to be wrong.
O - meant to say thanks for the info on Ballie Gifford.
N - glad to hear that you've picked up some hints/tips from Mark Miniverni - I do find some of his snippets really useful - seems like swing trading is the place to be with the markets the way they are at the moment.
V - yep, as the new saying in the US is "flip the rips, buy the dips" so only way to go if you want to try and re-coup some of your losses in the covid stocks - that's if you want to stay invested in them but its only you that can decide on that.
I can't believe it - at 11.00 am US futures swung into positive, now they're going negative again. According to Bloomberg this morning, the issues with Putin/Russia will see another 6% fall for the US markets from where they were at close of business Friday - I suppose all it takes is for Putin to fire a missile and all hell will break loose - think I'm just going to sit back and watch for now unless OCDO becomes really attractive to buy again.
Good morning all - a calm morning so far - weather wise I mean not the market - FTSE seems to be clawing back some of the initial drop this morning - I've just sold my OCDO at 8p a share loss - just in case they drop more when the US market opens - all this Russia/Ukraine stuff has obviously stepped up a level so bit unnerving really.
N - well done on that league table - you must be pleased. Are you glad your S/L kicked in on BRBY - I haven't looked at the share price this morning but it seems a lot of shares were hammered first thing whether they have exposure to the impact of the Russia situation or not.