Trading the stockmarket (NO Referrals)

mattyfez said:
It won't, since we isolated ourselves from Europe, were now a very small fish stuck between two of the largest trading entities on the planet - the EU and the USA.
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413x said:
That's why I don't understand how the ftse has hit an all time high.
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UK is not doing materially worse or better than France, Germany etc.

FTSE100 being at record high is not a sign of anything about the UK economy anyway. Adjust the price for inflation and it looks terrible, of course that ignores dividends over the years but still..

The problem with 413x is hes a perma pessimist :p
 
I can say why, its the common denominator which is weak currency. Sterling is weak, euro, dollar and Yen. If we got that lovely 2 dollars to a pound back I'd agree ftse lower. Assets > trash cash

DXY is under 100 if it recovers that maybe its a signal

413x said:
I'm still gradually selling off many of my US tech stocks. Or at least taking profit.
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mattyfez said:
Pure conjecture on my part, but I think Starmer has done a very good job walking the line between both USA and EU, diplomaticaly, and we've been dragged upwards along with them...
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Dont love Starmer but does anyone even his own MP's Only use for Politics is to avoid bigger wars and be slimy enough to play as everyones best friend, get deals done so maybe he is the best


Silver has stair stepped higher regularly since 2022, doubled. Just waiting to see if it can repeat the performance and hold then step up from $38 or 35 SLV shows.

FTSE is majority commodity based?, more influenced globally then uk specifically. FTSE 250 can grow faster if UK were doing well, some good companies in there.

Cant sell tech especially apart from bits here and there for liquidity, unless there is a better sector

Does BT deserve to stay at 5yr highs ?
 
Things looking better this morning. I've put my money back in to the US market though. UK just feels meh and the online safety bill is going to damage online business now, so I'm glad I got out when I did.

Europe just isn't great either. There's more of a jump on the US side than EU side after signing that deal (which isn't as good as the one the UK got) and the market hasn't even opened yet.
 
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I also sold some individual US tech stuff today - there's no way this run can keep going on surely! Going to leave some in cash in T212 and put the rest in indexes (to counter any fomo) and wait for a crash
 
The US markets allow extended trading hours and platforms like T212 take this a step further and offer 24 hour trading. The point to note is the extended hours trading isn't quite like the normal, the spreads are much higher ( buy and sell prices ) and the " true" market value is only really known in normal trading hours , or at least that's how I understand it.
 
I'm heavily weighted towards ETFs , world and FTSE, but I have also been playing a little with AI and other US tech stocks over the past three months, I thought I'd probably missed the boat but I'm glad I did.My whole pot is up 13% in that time period mostly thanks to stocks like AMD which I bought around $100 and currently sitting at $170
 
After cashing out a few YOLO trades that paid off (AMD/ATAI/CMPS), I'm going into sensible mode and just picking up bits here and there of more diversified dividend stocks. UKW, PHNX. Hanging onto INTC/AAPL.

Still 2/3 cash atm, which I don't mind when returns are still beating inflation. I think tech is going to have another correction soon enough.
 
I'm only -6% from Trump's 2nd inauguration :p
Clawed back 25%, what a awful mess.
As soon is I hit zero again I think I'll sell the lot and look for safer options.
I might even do some crypto flirting.

If US tech is going to correct please wait another few weeks.
 
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My workplace has switched trading platforms this month, so we don’t have to use an website that looks like it was made at the drawn of EPOCH.

Along with the fancy new portal we have a new fees structure, a few people asked me to look it over and I was like.. “is there any point? It’s not like we have a choice? Not if you want to take the company share options, PAYE share scheme or the share bonuses?!”

But a quick glance and I can tell it’s going to be more expensive..

One interesting feature is that it seems to allow use to buy shares in other companies, so I may be able to ditch one of my other platforms, thou the fees for transactions on another company shares are even higher.
 
mattyfez said:
I'm up 8.8% since the start of the tax year so about 4 months with an all world ETF and a developed Europe ETF.

I'm not complaining.
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The VWRP I purchased on 7th April is 27% up. That is crazy. Its a bit like the huge rally after the covid lows. Its not usually like this :cry:
 
Got my investments split between FTSE Global All Cap (+7%), S&P500 (+9%), both of which I just invested in a couple of months ago, and LifeStrategy 60% Equity Fund (+21.7%) which I've had for a few years.
 
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