Trading the stockmarket (NO Referrals)

Travel really hasn't recovered. You had the mid covid hype when cineworld and ezj etc rallied.

But the reality is its going to be a slow recovery.

Add to that taking, what, 500 pounds ( from the NI price hike) from a family that's a further hit to holidays. And the energy bills increase potentially taking hundreds


I can't see this being the end for ezj troubles. Like o'leary said. They need to merge with wizz
 
Psycho Sonny said:
Going to have to rename you the oracle of Paisley. I might put a few quid into some next month but I'm fearful of a crash as Michael Burry has been saying for 8 months now. Market has another 6 months tops.
Click to expand...

Wasn't this being said all through 2020, then towards the end of Jan/Feb people saying here's the correction, doom, gloom etc..as stocks fell. The markets then not only recovered but jumped to new highs. Fell back a small amount, then hit new highs again a couple of weeks ago.

What is it you are expecting? A 20% fall with the markets not recovering and surpassing that in the next 12-18 months or longer?
 
jsmoke said:
Any thoughts on Apple stock, up or down today?



Your a bundle of positivity.
Click to expand...

Maybe you should Google who Michael Burry is? And have some knowledge of the market and investing.

Every time you are on here your post is along the lines of:

Will X stock rise in the future?

Replace stock with crypto.

It's getting rather boring having to repeat nobody has a crystal ball to be able to tell you that.
 
Psycho Sonny said:
Maybe you should Google who Michael Burry is? And have some knowledge of the market and investing.

Every time you are on here your post is along the lines of:

Will X stock rise in the future?

Replace stock with crypto.

It's getting rather boring having to repeat nobody has a crystal ball to be able to tell you that.
Click to expand...

Your still a miserable git.
 
englishpremier said:
Wasn't this being said all through 2020, then towards the end of Jan/Feb people saying here's the correction, doom, gloom etc.. Then the markets just jumped to new highs. Fell back a small amount, then hit new highs again a couple of weeks ago.

What is it you are expecting? A 20% fall with the markets not recovering and surpassing that in the next 12-18 months or longer?
Click to expand...

I'm happy to provide information but it's already out there.

Michael Burry called the 2008 crash and everyone laughed at him including JP Morgan and all the other big hedge funds. Yet he was the one laughing when it did collapse.

He's been shorting ark. Shorting treasury bonds and a few other things and increasing his positions.

He's betting on inflation currently. So us treasury has printed more dollars in the past year than it has in its entire history. If you don't know what that means then it's not good. Quantitative easing of this kind is unprecedented. All that money is propping up the market.

As soon as they stop printing which they will have to at some point. What do you think happens?

Inflation is already above 5% and burry keeps on betting on it going higher.

Interest rates will rise. What does that mean? No access to cheap credit. People will need to start repayments or face the consequences of higher interest. They will stop borrowing as much.

The markets are only in the position they are in thanks to the money printer being turned up to 100,000%. It will have to be turned off soon.

China's biggest property developer has just went into administration. Biggest in the world. You are talking Lehmann brothers big if not bigger. Domino's will start to fall in all markets.

Jsmoke is clueless in this field if you want to have blind optimism keep on ploughing cash in.
 
Why are you telling me about Burry I know about him. I don't hang on every word he says though. He's lauded 2008, he's likely got more things wrong than he has gotten right though.

You have been complaining about the markets for over a year.

Nobody expects QE to end before the end of 2022 and others not until early 2023. It may reduce a little, but the tap isn't suddenly going to be cut off. So that might alleviate some of your fears. Also currently there don't seem to be any plans in the US or UK to raise rates at the moment to tackle inflation considering a lot of it is due to covid, pent up demand, and shortages.

I guess we will see what happens. Having withdrawn a large amount of my portfolio for other uses, I'm not plugging cash in, but thanks for the concern.
 
Last edited:
englishpremier said:
Why are you telling me about Burry I know about him. I don't hang on every word he says though. He's lauded 2008, he's likely got more things wrong than he has gotten right though.

You have been complaining about the markets for over a year.

Nobody expects QE to end before the end of 2022 and others not until early 2023. It may reduce a little, but the tap isn't suddenly going to be cut off. So that might alleviate some of your fears. Also currently there don't seem to be any plans in the US or UK to raise rates at the moment to tackle inflation considering a lot of it is due to covid, pent up demand, and shortages.

I guess we will see what happens. Having withdrawn a large amount of my portfolio for other uses, I'm not plugging cash in, but thanks for the concern.
Click to expand...

Apparently a third of americans have defaulted on their buy now pay later loans already this year. An article I read earlier. I can see similar probably happen here especially when the government stops supporting covid payments, etc. I haven't been complaining about the markets for over a year at all. Just in the past few weeks. I was putting more and more money into them every month and even last few weeks. I took a lot out of the S&P 500 a month or two back and I have invested in single companies for the time being that if a crash were to happen they would recover quicker IMO than the whole market would.

Will see what effect evergrande has. It's not a good sign one of the biggest companies in the world cannot pay it's loans.
 
Psycho Sonny said:
Apparently a third of americans have defaulted on their buy now pay later loans already this year. An article I read earlier.
Click to expand...

Link to the article?
I'm luckily enough in a place where even when I was furloughed and taking home less money I had enough to still pay everything off and put into my HL account but interested to see where things might end up in a year or so...
 
You must log in or register to reply here.
Back
Top Bottom