FTSE 100 Chat

I got back in and made a few gains. However, I am now out as the market looks over bought, (seeing we are meant to be in a deep painful recession).

Keep an eye on gold.

Big rise, I don’t get it???

Lots of stocks are really cheap whilst the other half is overvalued. So basically it should be a case of picking the right shares. Not selling everything. I was 100% invested through the coronavirus sell off, but I'm up 15% since early February. Need to pick the right ones in the current changing world

ablate crazy price this is and it will crash again

might jus see a little one to day

I think more money will go to cash.
Crazy times

The ripple affect of this is not going to be good for the FTSE100 ????

https://uk.investing.com/news/stock-market-news/berkshire-sells-entire-stakes-in-us-airlines--buffett-2110202

I think a lot of the money will go into gold. May be wrong but just a hunch.

The government can't even support its self, with less taxation coming in in the coming months, huge sovereign debt issues and the bonds market getting edgy. These problems are commonplace around the world, especially in the West. What do you think that's going to do to the value of cash? Will interest rates rise to attract capital back into the bonds market, once it starts to flee? While it's true the ftse may fall further in the coming months, the capital from UK bonds has got to flee somewhere eventually once the debt markets get spooked. A lot of it may go Stateside to the Dow 30, the rest will go into the FTSE blue chips and European bluechips. Fundamentals and profits won't come into it, the capital will have to park somewhere. The question is when is that going to occur? This year? Next year? 2022?

The FTSE may go sub 4k with some casualties in the way. Cash is key. The government cannot support everyone. The weak will fail. The bounce was premature and fueled by DT, hopes of a vaccine, new tax year, with bored amateurs at home shocked by the interest rate cuts.

Agreed. The latest rally was overdone. I am waiting for the property crash. May invest there.

still waiting for 4800 :-)

I was shocked by the recent bounce but still firmly believe the real fall is yet to come. If Sainsbury's results are poor, the others will be dire.

SuperRoty glad its your money your losing Christ how bad you got it wrong hey,stick to allshare index funds

Hi Bella :-),
This is going to fall hard in the next week or so breaking the 5657.7 resistance looking for 4800 then happy to buy again

This is still far to high the ftse will come dawn again, I would think to 4700 when updates on income start Q1 very soon

You are right. It has started. Lockdown extended and Q1 results out soon. Ouch.

Avoid, travel, leisure, entertainment, most retailers, builders, motor, oil and gas, banks and insurers.

Will be carnage. Stick to supermarkets, gold and companies actually doing something.

I have cash ready to pick up the best survivors.

This is still far to high the ftse will come dawn again

Reasonable point about transparency, Orwellian, digital exchanges. But, I have been in conf calls at Global Investment Banks over crypto currencies; you can hear people drooling over the prospect of Dark Side transactions and sheer gasps of delight that the Regulatory Bodies will not know. {{Outside such encounters, other info suggests and seems they yield the best fees and profits}}
Low margins and low interest rates; higher impairments. The support for Zombie companies will be over - I do remember the Debenhams deals as an example. Many critical companies, trusts, cartels, consortiums will be nationalised and their large debt mountains? I doubt if many politicians will bail out fat-cats with tax payers money and a very public audit trail.

The "way to high" of Dom-Bella looks a correct call, especially with the lack of testing, test reliability and adequate Covid-19 test data. Before I was way too optimistic that the Government had a firm grip. Cash Equities is tiny. Compare the Bond market, the even bigger trillions in futures and option markets which will see heavy losses. The credit derivs / derivs betting is key to some financial companies survival, or wipe out. I remember Fortis losing 6 billion Euro alone betting against itself with credit derivs. That took a lot of OBI (off balance sheet items) accounting/ creative accountancy.
stay safe best wishes - RM

The main problems will be in the bond markets, which are ten times the size of the world stock markets. This is why they want to prolong this shutdown for months on end and try and enable central banks in the west to introduce a digital currency at the end of it in an attempt to address sovereign debt issues. It will also mean more authoritarianism because every transaction with a digital currency will be tracked.

Markets far to high , sit back and wait . Nearly ever country is closing down and no one is spending like they did . Unemployment will be very high and if you also think of the people that may swap from the government 80 per cent into unemployment later on then I think the markets are way to high . Ft should be around the 4000 mark .

The markets are way overpriced for what is actually going on in the world the bounceback in the last 10 days has been way over done

have just cancelled dividends, Lloy, Barc, this will send UKX down....

There is only one completely UK mining company- self sufficient and fully funded. Already bought it equipment at reduced rates and FX rates from RSA. Has arrived before the lockdown. LON:SGZ
e.g. A cut and paste from Glenalmond on LON: SGZ.GB.PL
""I think I heard the official website will be updated in the not too distant future. Meanwhile - https://www.scotgoldresources.com/
https://twitter.com/scotgoldresltd
https://twitter.com/GrahamScotgold ""

Keep safe in many ways and invest in the UK without major overseas supply chains.

What gold miners?