Trading the stockmarket (NO Referrals)
- Thread starter mcast123
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Soldato
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AMD has been holding up surprisingly fairly well so far given how overvalued it is, as has tesla.
I'm quite negative on the Dow, reckon 21000 then 15000. FTSE 100 has been predictably falling just as hard after lagging behind all the way up during the bull market. I fail to see good times ahead at the moment. Brexit still ongoing mixed with tackling a possible pandemic is not good news for us.
Markets can soon turn around, often when not expected, so I'll be looking for long term buying opportunities but not just yet.
Caporegime
Jesus Christ. I am so glad I sold when I did. I lost a bit but this is gonna be a horrible week.
Soldato
Good excuse for a market correction...although its ever getting closer to 20% which is where the real concern would be.
What happens at 20%?
Soldato
When does the run on the banks start?
Permabanned
Rip :/
Soldato
The bull market turns to a bear market. Everything drops, everyone pulls and very few entertain the notion of re-entering.
Its a rush to the bottom basically. (During the financial crisis the bottom was over 50% lost)
Soldato
Unbelievable action, any insight to oil price. Russia refusing to hold back anything I guess
Soldato
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Still, at least we get to buy fuel cheaper...….until the UK budget where we can be sure extra fuel duty will make up for it 
Soldato
Still, at least we get to buy fuel cheaper...….until the UK budget where we can be sure extra fuel duty will make up for it
The consumer will not benefit from this, that's the only certainty
Why should it? Buy Electric, until then the fuel duty escalator should go back on.
Because the Govt wont look to tax that when fuel revenues are drying up...
Soldato
Electric isnt the solution especially, sure its good for city centres but the electric comes from a power station. Ive always liked natural gas or LPG otherwise known as camping gas, both of which have breathable fumes obviously like the gas on the cooker. Why USA isnt using its giant reserves for fuel is silliness and UK even should find this cheaper. Octane rating for nat gas is 150 over 100 at best for petrol, lots of potential for smart use there.
I see BP went down to 280p, thats a flush based on hot money. Anyone who isnt leveraged who can buy small and not care about the price for the next 6 even 18 months shouldnt be unhappy about this price same way Intel for years sub 20 paying nice yield was just fine to buy.
The yield makes savings account really not worth it, thats how I view it. I know its with some risk but cash is a certain loss of a few percent. The cost of money isnt going to make oil unwanted afaik, measured in gold the oil price might fall or just fix the worth of money as it was 2000 or whatever year. Use an inflation calc and price doesnt make sense without defaults on bonds, a proper deflation. Bonds lead shares so I would conclude this is volatility not a proper decline like 2008 had defaults
When people stop paying their mortgages and general population reduces occupancy etc. Takes a while longer then this reduction via a virus.
The only real contagion larger risk that is not going away is failure via excessive debt, QE programs etc. the end game on that is cash is trash like the 1970's uk can have inflation of 30% a year but that doesnt make me scared to buy the companies in ft100 which sell to sensible regimes some of which have solid money for decades.
I see BP went down to 280p, thats a flush based on hot money. Anyone who isnt leveraged who can buy small and not care about the price for the next 6 even 18 months shouldnt be unhappy about this price same way Intel for years sub 20 paying nice yield was just fine to buy.
The yield makes savings account really not worth it, thats how I view it. I know its with some risk but cash is a certain loss of a few percent. The cost of money isnt going to make oil unwanted afaik, measured in gold the oil price might fall or just fix the worth of money as it was 2000 or whatever year. Use an inflation calc and price doesnt make sense without defaults on bonds, a proper deflation. Bonds lead shares so I would conclude this is volatility not a proper decline like 2008 had defaults
When people stop paying their mortgages and general population reduces occupancy etc. Takes a while longer then this reduction via a virus.
The only real contagion larger risk that is not going away is failure via excessive debt, QE programs etc. the end game on that is cash is trash like the 1970's uk can have inflation of 30% a year but that doesnt make me scared to buy the companies in ft100 which sell to sensible regimes some of which have solid money for decades.
Last edited:
Soldato
- Joined
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Where do you think the government will generate revenues from as we all turn to electric? They'd not going to kiss goodbye to what must be 90pence or more per litre, currently.
Lower fuel prices, globally, might be bad for the sale of electric vehicles. Main reason people buy them is for the wallet I think. WHile the UK wont benefit much from lower oil prices due to tax, many countries will.