Trading the stockmarket (NO Referrals)

randomshenans said:
Credit Suisse tanked like 65% this morning. Seems like something to scoop up
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Have you been watching the news? There's a reason it's tanked!
thebandit said:
I keep reading certain scare mongers saying some huge crash is in the offing as the banks are really overly leveraged, maybe its right ? hpoe so, I currently dont have much invested, a clear dip would be ideal to laod up my ISA
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The immediate problem is who is exposed to the CS bonds that have just been written off. Beyond that, the concern is how stretched balance sheets have become by the drop in bond prices. In theory the post-2008 strengthening of capital requirements means banks are tested and able to survive it.

So we're in a little bit of a similar situation to 2007 where financial institutions are wary of risk exposure. It doesn't appear right now thought that there's any fraud of the kind that triggered that crash taking place.

(Reminder here that the Conservatives started banging on about deregulating the financial sector in recent months :rolleyes: )

Frankly, the most likely outcome here is that central banks bin off/reverse their rate hikes because the damage to bond prices has now filtered through and is breaking stuff.
 
thebandit said:
I keep reading certain scare mongers saying some huge crash is in the offing as the banks are really overly leveraged, maybe its right ? hpoe so, I currently dont have much invested, a clear dip would be ideal to laod up my ISA
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We are at a critical point where this may happen. It’s not enough for me to whip everything out of the market but enough for me to pause putting anything in for a few months.
 
Orangeade said:
I doubt people care about macro implications outside of their own issues (I don't blame them either).

I certainly wouldn't be holding cash at the moment in non secured accounts. Buy a gold etf or something and have safekeeping account separate.

In other news, Credit Suisse was the easiest short in history haha.
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This aged well haha.
 
It's self fulfilling now for US regional banks, people smell an issue and deposit flight starts then you have a run. The first Republic issue is not new today though, big US banks injected $30bn last week to try and stem the liquidity issues.
 
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Diddums said:
Oh dear, I do love when the chickens come home to roost. I just hope that the average joes' damage is minimal.
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This is less of an investment banking issue it seems. More related to normal banks - although it does look multifaceted, whether through bank runs, AT1s, etc.

I imagine a fair few pension funds will have to write down their bond fund performances off the back of it. If this is as bad as it gets, I imagine it'll be pretty mild...
 
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I'm not trying to find the bottom, just keep on buying each month, can't lose in the long run.

People that do well out of these meltdowns are the ones that buy, not the ones that sell
 
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200sols said:
It's self fulfilling now for US regional banks, people smell an issue and deposit flight starts then you have a run. The first Republic issue is not new today though, big US banks injected $30bn last week to try and stem the liquidity issues.
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Everything is fine, the Fed will just do some magic shaking of the money tree to fix any issues
 
I'm looking to dip my toe back into my previous (failed) attempt of investing in some stocks and shares. I'd previously used TD Waterhouse but it looks like they've ditched that name and is now using TD Direct Investing and the UK segment was taken over in 2016.

I'm not in the position to invest just yet but I'm taking a look into companies that pay out in dividends e.g BP, Legal and General, GlaxoSmithKline etc as well as where's best to open up an account.

Is there a site that people lean towards at all?
 
Derek W said:
I'm looking to dip my toe back into my previous (failed) attempt of investing in some stocks and shares. I'd previously used TD Waterhouse but it looks like they've ditched that name and is now using TD Direct Investing and the UK segment was taken over in 2016.

I'm not in the position to invest just yet but I'm taking a look into companies that pay out in dividends e.g BP, Legal and General, GlaxoSmithKline etc as well as where's best to open up an account.

Is there a site that people lean towards at all?
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There aren't any good websites, most of them are AI generated drivel or sales funnels.

Best bet is to find companies yourself whose businesses you understand and check their financials. Have a look around for analyst consensus perhaps, but otherwise there is nothing I would trust less on the internet than stock picks. I did sub to Bloomberg for a while which is quite good for general market sentiment, but wouldn't pay full price.
 
mid_gen said:
There aren't any good websites, most of them are AI generated drivel or sales funnels.
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I think you may have misunderstood I meant websites for opening a trading account. I've only looked briefly into things and I see that td Waterhouse who I used previously was taken over by ii.co.uk interactive investor, but I keep seeing places like etoro and trading212 which if probably shy away from as I'm not keen on an app only platform.

Edit

I'm not going to be investing big to begin with so I guess fees per trade and monthly fees probably need to be fairly low if I'm not going to be doing big investments to make it worthwhile.
 
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