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Seems the Middle East has lit up again, the big question is will we be hit again by the doom loop of the Middle East? Roll on peacetime

To me the logic would be to get the oil companies involved, tax credits for investing in SMR deployment or for them to diversify by investing. However, I doubt millipede's brain would see that as a positive way forward, he'd rather cover arable land in solar and put windmills everywhere and likely buy our baseload at high prices from france.

A lot of profit taking I guess? 500 is a psychological for many, still i think the fact we're hovering around it now, come september when holidays stop I would imagine we'll get the benefit of the upgrades to investment grade.

Also this bumps the eternal bickering off the top of what otherwise should be an interesting board.

It might have close a smidgen down in LSE but up a smidgen RCEY😎

498.4 as I type

Just imagine the price of RR with reactors on the moon and BP with mining rights there too!

The quick bit

Rolls-Royce share price forecast

The daily chart shows that the RR stock price has been in a strong bull run this year and recently soared to a record high of 502p. It has remained above the 50-day and 100-day Exponential Moving Averages (EMA).

The Relative Strength Index (RSI) and the Stochastic Oscillator have continued rising, meaning that it has strong momentum. The stock has formed what looks like a double-top pattern.

Therefore, the stock needs to move above that resistance at 502p to confirm the bullish trend. If this happens, the next point to watch will be at 600p.

I think the fact UKraine has ventured into Russian territory will be adding some caution, no idea what the bear is going to do at this point in time. A lot of the UK and US traders are on holiday so don't expect any great shakes for a week or two, well that's my historical observation anyways

It’s certainly been a day of it, still next week we can all be friends for an hour or three

Https://www.fool.co.uk/2024/08/08/what-could-the-next-year-have-in-store-for-the-rolls-royce-share-price/

Never seen before so didn’t want anyone to miss the opportunity to witness a unicorn

£20 by March 2026 apparently

https://poundf.co.uk/rolls-royce

Https://www.proactiveinvestors.co.uk/companies/news/1053566/rolls-royce-on-course-to-hit-profit-target-two-years-early-ubs-1053566.html

When you compare the forecast price and the actual price of shares so far I see that we're a year ahead of the curve, recovery has been staggering. Clearly UBS see this and some! We've all been in the right place at the right time so far, not that world events haven't given us all a few nervous twitches along the way.

Dividend is simply based on the number of shares you own when the go XD.

Other than paying the CGT bill out of any 'profit' you've made from when you purchased them to the value at sale that's it.

Interesting that we’ve experienced recovery so far where many euro stocks are getting a bit of a pasting. Will be interesting as well when the US opens if the take some profit from our rise (as isn’t unusual) or add to it? Pre trading is apparently looking quite good.

After a stressful few days and a few more spats on this board sanity is once again beginning to return, as it should. With fundamentals as sound as they now appear to be, just a gentle daily climb back up the face of the next wave and a long surf on the crest hopefully. The next set of results which hopefully will be at the top or above predictions and we may even get some more food for thought on the way, SMR, narrow body partnerships etc. February feels a long way off but there's enough excitement in the world to create opportunity for day traders and growth opportunity for the rest of us. Good luck everyone, I feel sure the 'losses' of the last few days will be behind us soon.

The US is in flux, the middle east is in flux, europe is in flux, the US tech stocks (AI) have been behaving like they did before the dot com bubble burst. On top of that we're in the midst of the traditional holiday season malarky that happens every year at this time.

Investing in this period is a bit like gambling, you'll either be rich or poor, but the business as demonstrated with the current results is in good if not rude health and there's a bright future ahead. We've been cresting a wave of late, at some point the we'll either surf or slide down the wave, but there are always waves and another to crest and surf. The last few days the winds have dropped and we've stopped surfing and we've slid down a small wave, we'll climb the next one pretty soon.

Quote

Major volatility in share prices ‘will probably be short-lived’

Investors should be ready for “some major volatility”, a New York advisory firm has said. Michael Purves, chief executive of Tallbacken Capital Advisors, said:

This is a good excuse for investors to sell after a huge year to date rally. Does this weaker jobs number portend a recession that’s coming two quarters from now? There’s a lot of conflicting data.

Investors should be prepared for some major volatility, particularly in the big tech stocks. But it will probably be short-lived. The earnings reports haven’t been blockbuster, but they haven’t been bad either.

If you zoom out on the candle chart a year what we're experiencing is pretty normal behaviour. I suspect we'll not see much action until later this year. We've already seen one upgrade to 640p and others will follow, ignore berenburg. Once those come in, and on these results they will we should, other than more cataclysmic events, see a steady rise towards the full year results when I think our friendly cat maybe treated to a bowl of cream.

MB - Yesterday was a RED day apart from RR in much of the world, today is the same except IAG have popped up. We've dropped our interest rates (ish), the US hasn't and the world fears the US will somehow crash. Lots of tech stocks have been growing crazily, unfortunately we're caught in the tech stock arena. It WILL recover and grow from here, either day trade or sit tight and wait, fundamentals are all aligning. I have a huge amount of my money tied here and I'm well up, as are many. It's also holiday season so more nonsense until September - October most likely

Panic in the markets about the US?