Trading the stockmarket (NO Referrals)

413x said:
I've always wanted a house builder. Been watching persimmon for a while. Been resisting due to incoming inflation and thus rate rises and thus housing crisis.

But its at a 5 year low now.

Still holding off. But temptation is there
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Still think there is room for a further downtrand in them, economic situation isn't really changing and with further interest rate hikes forecast they could continue down.
 
I agree, we aren't all the way through yet.
And its probably a slow downward trend for now.

Obviously the 5 year chart also doesn't capture any crashes either.
 
413x said:
I agree, we aren't all the way through yet.
And its probably a slow downward trend for now.

Obviously the 5 year chart also doesn't capture any crashes either.
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I guess look at the all time chart and what happened after 2007. The low interest boom is over and these shares are reverting to mean.
 
J Powell basically shutting the door today on all wallstreet bros hoping for a pivot, there won't be one anytime soon.

$1.2trilllion wiped out of the stock market today, more rate hikes to come and likely to stay there for a while until inflation comes down to their target, labour market numbers worsening, house market in a tumble, you get the picture.
 
I personally think the statement he made caused a typical knee jerk from over the pond ,but wasn't that hawkish over what's already been priced in . we have an interesting buffer zone on monday with the uk market being shut so that almost 4 percent hit on the nasdaq could be eased before it effects my etfs (half of them are luckily ? funded in dollars ,this takes the sting out of interest rate fear slumps as the dollar just strengthens )
 
moon man said:
I personally think the statement he made caused a typical knee jerk from over the pond ,but wasn't that hawkish over what's already been priced in . we have an interesting buffer zone on monday with the uk market being shut so that almost 4 percent hit on the nasdaq could be eased before it effects my etfs (half of them are luckily ? funded in dollars ,this takes the sting out of interest rate fear slumps as the dollar just strengthens )
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He killed off any pivot hopes in the near future which a lot of stock market investors were hoping for. Last couple of weeks the bear market rally was giving false hopium and we need to see how the Asian markets react on market open Sunday evening now but I think this was the final push for the continuation down
 
Kanpai said:
He killed off any pivot hopes in the near future which a lot of stock market investors were hoping for. Last couple of weeks the bear market rally was giving false hopium and we need to see how the Asian markets react on market open Sunday evening now but I think this was the final push for the continuation down
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, “rates higher for longer”, no pivot 2023.

This isn’t priced in at all. The market has been pricing in a “hike bear market”……now they will need to price in an “earnings bear market” which will get progressively worse quarter by quarter.

I’m in cash. TLT/long bonds should be a good play.
 
coolsurfer said:
, “rates higher for longer”, no pivot 2023.

This isn’t priced in at all. The market has been pricing in a “hike bear market”……now they will need to price in an “earnings bear market” which will get progressively worse quarter by quarter.

I’m in cash. TLT/long bonds should be a good play.
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Yep I’ve been in cash since start of the year just waiting game now
 
mid_gen said:
Continuing to buy each month, not bothered about going into the red short term, it's all about being well in the green in 5 years.
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I’m just holding from purchases at the moment. I want to see the winter through before coming back into the market.
 
I've left everything invested, still buying monthly via pension, and lump sum investment into pension shortly from my Ltd company.

It's all pretty much in funds/EFT's and some First Group Shares - still buying SMT monthly as well.

It's all long term money - 10 years minimum so I'm not going to chase the markets.
 
As predicted my etfs escaped Fridays wave of carnage,strong dollar minimised the loss on one plus a gain on the other cancelled that out .
Fingers crossed though and always the option to cash out if necessary,small green buffer
 
Yep, not buying anymore shares at the moment either so will just HOLD what I have for 5-10 years, not point in tacking a loss if not needed. That brand new T6 is going to have to wait for another 3-4 years it seems.

Still going to dabble in crypto though, & still making profit even with crazyness of the FED being spoilsports.
 
Got a little left in but probably going to take that out and just forget about looking at stocks really. Just red all round over last few months
 
throwaway4372 said:
Yeah I'm mostly out too, I'll buy back in when someone nukes someone (or whatever).

In the meantime I'm getting the mortgage paid off, not far off now, quite looking forward to it.
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Yeah no positive news in next few Months.
Maybe only thing that could create a significant bounce in UK is a proper support package.

If truss sticks to her current plan I predict severe cratering of most stocks (especially UK)
 
413x said:
If truss sticks to her current plan I predict severe cratering of most stocks (especially UK)
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Especially UK? What makes you think she'll have any negative effect on non-UK stocks?

She'll devalue the pound and make non-sterling assets look better, almost certainly.
 
So don't be overweight UK stocks in your portfolio, most of us already have significant UK exposure with houses and other assets. World trackers are about 4% UK exposure, that's enough for me.
 
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