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Trading the stockmarket (NO Referrals)

Discussion in 'General Discussion' started by mcast123, Apr 2, 2009.

  1. Minusorange

    Soldato

    Joined: Nov 25, 2005

    Posts: 5,326

    Of course, market seems to be very reactionary at the moment vs actually being priced in for anything, there's already talks of another round of stimulus packages too :eek:
     
  2. platinum87

    Mobster

    Joined: Nov 25, 2007

    Posts: 4,956

    Location: London

    I did not miss anything, if i had simply invested as before, i'd be sitting on a bigger loss.

    I am not timing anything, i just learned enough to realize and adjust, i.e. get rid of US stocks, buy gold, and build up cash

    And i am not wrong, quote me after 1 year.
     
  3. Skeptic

    Mobster

    Joined: Oct 18, 2002

    Posts: 3,987

    Location: UK

    This, by virtue, is timing. By not being 'in' you are timing your entry. Anyway, I see by your timeline of 1 year that we are on different paths here, so I wish you well.
     
  4. The_Abyss

    Capodecina

    Joined: May 15, 2007

    Posts: 12,648

    Location: Ipswich / Bodham

    Canadian banks offering silly returns now for money - up to 180bps for 12 months. A lot of their funding from oil and gas companies has dried up as demand has fallen, so they're hugely short on liquidity.
     
  5. scerbera

    Associate

    Joined: Mar 9, 2020

    Posts: 30

    There is a possible head and shoulders bottom in on the indices, and we have had a false breakout on pm, there is huge potential upside on pm's as it looks today. Shares I have been in and out of over the last 3 weeks, barc, bp, currently holding psn, lloy, lgen, av, tw, 3*oil, and looking to take profits this week. I have one i'm holding for long term started buying under 1300 which is imb. not as cheap as it was but divi not going to change, hugely cash generative and it's safe imo.

    I also have a huge holding in an aim stock in vast circa 3%, just about to get diamond license signed off, has lots of things going for it and should see a quick run back up to at least 0.52p.
     
  6. silversurfer

    Capodecina

    Joined: Jul 13, 2004

    Posts: 18,930

    Location: Stanley Hotel, Colorado

    Inflation writes off the debt is the ongoing strategy, it wouldn't be serviceable under any normal monetary policy. A good reason for prices to rise is when sterling loses value so have to keep track of both, thats been minor just last days.
    PM having a more serious issue is of concern, Im not sure if they are being careful or actually under playing how serious it is but I know of someone who has had elevated temperature 16 days which doesnt seem right and no further (serious) symptoms :confused:so its hard to guess

    https://twitter.com/JamesGRickards/status/1247344694310379520?cn=ZmxleGlibGVfcmVjc18y&refsrc=email

    https://finance.yahoo.com/news/inve...rket-were-not-in-the-clear-yet-104234346.html

    My general take would be to expect a double peak to virus effects and cases even. Inversely a low now, a reasonable buy take profits then buy on future lows which will be a more normal flat bottom pricing vs extended factors.

    2636 SP500 is just a loop, thats not clear direction either way yet. I got some AAZ and others previous which are risk on but I'd expect another chance to buy. Its not going right up because speculators borrow to buy and then sell early as they got no choice to hold it really, how we develop longer term is more boring to consider. Short stocks is long cash just as they introduce alot more cash supply via loose money. Tons harder to be right short and some of these yields are good to pay imo.
    CNA is a total wreck, is it that bad fundamentally, utilities could be the smart compromise
     
  7. Richdog

    Capodecina

    Joined: Sep 8, 2005

    Posts: 24,196

    Location: Utopia

    So what do you think guys, has the market now fully turned and we will see no more drops?
     
  8. StriderX

    Capodecina

    Joined: Mar 18, 2008

    Posts: 24,919

    No. History would presume otherwise. But then again, who knows.
     
  9. Richdog

    Capodecina

    Joined: Sep 8, 2005

    Posts: 24,196

    Location: Utopia

    Thanks. Just to clarify, I mean in the short-term during this pandemic, not no more drops ever. And regarding the "who knows", yup of course it's all just thoughts, opinions and edumacated guesses, hence why we have a nice big thread to discuss it. :)
     
  10. Yucca

    Wise Guy

    Joined: Nov 20, 2004

    Posts: 2,066

    Location: Nock/Leicester

    Can you explain what you mean by this? Genuinely interested but have no idea what your talking about lol
     
  11. Yucca

    Wise Guy

    Joined: Nov 20, 2004

    Posts: 2,066

    Location: Nock/Leicester


    What does this mean? Serious question.
     
  12. Ironic Namesake

    Soldato

    Joined: Oct 18, 2002

    Posts: 6,933

    Location: Kuala Lumpur, Malaysia

    Canadian Banks are short on cash and giving 180 bps (1.8%) in return on deposits
     
  13. Skeptic

    Mobster

    Joined: Oct 18, 2002

    Posts: 3,987

    Location: UK

    Slight breather today? Might limit down when USA opens, but I'm a buyer today. Lots of positive noise out of Wuhan, if it is to be believed.
     
  14. 413x

    Capodecina

    Joined: Jan 13, 2010

    Posts: 18,410

    Location: Cardiff

    Well Av have dropped their dividend

    Might sell out while it's flat
     
  15. scerbera

    Associate

    Joined: Mar 9, 2020

    Posts: 30

    need to be quick in this market, no room for sentiment
     
  16. Yucca

    Wise Guy

    Joined: Nov 20, 2004

    Posts: 2,066

    Location: Nock/Leicester

    WHat do you mean by 'while its flat' ? Sorry if its a silly simple question... Trying to learn.
     
  17. 413x

    Capodecina

    Joined: Jan 13, 2010

    Posts: 18,410

    Location: Cardiff

    Sorry, just meant that it's same as price I bought it. So flat meant no profit no loss. Best not to take what I say. I'm no pro! :D
     
  18. Minusorange

    Soldato

    Joined: Nov 25, 2005

    Posts: 5,326

    I can't find the video but while watching yahoo finance yesterday one of the analysts they had on was saying on average 7 times out 10 the market will retest the bottom, when it falls it falls around 80% but he never gave odds on it falling to that 80% vs recovering once tested
     
  19. englishpremier

    Soldato

    Joined: Feb 15, 2003

    Posts: 7,080

    Location: Europe

    I don't know if I'm allowed to ask but can anyone PM me a link to Trading212? Fancy trying them out in additional to my current broker and might as well take advantage of their invite a friend offer.
     
  20. Trusty

    Capodecina

    Joined: Mar 12, 2006

    Posts: 11,451

    Location: On A Rocket

    I would use IG personally...