Soldato
Does IG cover the ASX at all, it appears they dont but I thought since they are the largest and international? IGG and CMCX seem productive. 200p for cmc perhaps
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- Thread starter mcast123
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Soldato
Is it? In which case what is constitutes an acceptable price? For example MSFT beat earnings yet again and brings in revenue of over $140bn a year and is still growing.
What is overpriced to me are these tech companies with funded by investment capitalists and run up losses year after year. e.g. Deliveroo which 9 years old now. Uber which is 12 years old and just managed to make a small profit last year for the first time. Airbnb, Cloudflare, and ********* are some others that spring to mind. With these you aren't getting anything back in terms of dividends and instead just hoping that one day in the future of the earth they earn a profit and their stock price goes up.
Soldato
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Yes, there is a huge amount of difference between Microsoft and Deliveroo. One really is Big Tech, the other is using tech to help deliver low value deliveries to people, which is a difficult business to make profitable. There has been a lot of cheap money propping up businesses that have "hard to make profitable" businesses, buyer beware. When the cheap money tap dries up, it will all end badly, but the tap has been going for years, but it can't indefinitely.
On the contrary, if it makes a profit, you worry they have run out of good ideas to invest into. The entire reason they are sexy meme stocks is because they are disruptors. As soon as they return to traditional business measures of value, people will get turned off.
Soldato
MSFT releasing a new version of windows is bullish isnt, for tech overall even perhaps.
edit: forgot what I was going to say, CNE valuation is a tad low isnt it. They pay out, the market cap drops I get but even then its productive value worth a look seems like. Formerly Cairn
edit: forgot what I was going to say, CNE valuation is a tad low isnt it. They pay out, the market cap drops I get but even then its productive value worth a look seems like. Formerly Cairn
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did inflation via money printing really pump that much money in to the economy that these valuations aren't a mirage
Soldato
The Federal Reserve meeting announcement is imminent. Will be interesting to see what it says. Markets are up at the moment, but it could be bloody murder if announcement isn't favourable. i.e. need to raise rates higher/faster than expected etc.. If it comes out well though I'd expect more of a recovery.
EDIT: It was pretty favourable given what was expected. Markets are moving up.
EDIT: It was pretty favourable given what was expected. Markets are moving up.
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Do you have a different definition of up to me?
Looks like they've taken a tumble...
Soldato
Well your post is 2 hours later. Information is only correct at the time of posting.
I saw a dead cat bounce twice
on almost all stocks.I guess thats the algos trying to agree with each other
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Soldato
Gold is weaker as inflation is a concern is ironic as ever, overall I presume commodities continue to do well even if unpopular; best not to take things too literally.
They are all trying to anticipate future effects, my guess is the FED cannot control the economy. Raising rates without reversing all the QE is probably nonsense. The tiny rate raises they likely do dont add upto much until its accumulated at least 1% change, if they spend the whole of 2022 to do that its much ado about nothing.
Years ago I heard or read that gold rises (or appears to rise relative to $) fastest when rates are rising, contradictory as that is I think its likely true. Because the interest rates the central bank maintains is always going to be below actual inflation, when they do raise the situation is slipping out of control.
Inflation is destructive for sure, I dont know it can goto into a feedback loop but I doubt FED is in control either way; biggest fear for FED is deflation afaik and they will always side with losses to inflation.
Volcker is the last chief who would have drastically altered direction in policy, everything now is feather light appeasement to markets and bias is always inflationary.
Since we posting chart vids 'several decades' he aint kidding, a very long term trader. Its all about charts but also can just listen purely to his emphasis on strength/weakness mentioned as its well founded.
Every ticker is an ETF that equates to a market sector, USA but basically UK is very related
IG index
They are all trying to anticipate future effects, my guess is the FED cannot control the economy. Raising rates without reversing all the QE is probably nonsense. The tiny rate raises they likely do dont add upto much until its accumulated at least 1% change, if they spend the whole of 2022 to do that its much ado about nothing.
Years ago I heard or read that gold rises (or appears to rise relative to $) fastest when rates are rising, contradictory as that is I think its likely true. Because the interest rates the central bank maintains is always going to be below actual inflation, when they do raise the situation is slipping out of control.
Inflation is destructive for sure, I dont know it can goto into a feedback loop but I doubt FED is in control either way; biggest fear for FED is deflation afaik and they will always side with losses to inflation.
Volcker is the last chief who would have drastically altered direction in policy, everything now is feather light appeasement to markets and bias is always inflationary.
Since we posting chart vids
'several decades' he aint kidding, a very long term trader. Its all about charts but also can just listen purely to his emphasis on strength/weakness mentioned as its well founded.Every ticker is an ETF that equates to a market sector, USA but basically UK is very related
IG index
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I did the same with Tesla on Friday.
Also purchased more AMD at todays open, AMD has an earnings call on Tuesday I'm expecting it will be ok.
How did you manage that price, were you just lucky?
I was interested. The day before but wanted to see what open brought.
Saw. It bottom out at 795. Rose a bit. Decided that was the bottom
You did very good, I paid 845 for mine.