Trading the stockmarket (NO Referrals)

2.3t going into the economy to keep it pumping. What a scandal. If a company gets big enough they’ll just get bailout money forever! Batten down the hatches lads! Glad the portfolio has defensives (GSK, AZN) and producing assets (CAML, AAZ). Not sure why card factory has had such a wild few days, but hey, nothing makes sense anymore!
 
Im sitting here staring at my UK watchlist and still cant BELIVE uk shares are going up AGAIN today and by quite a lot. I just cant understand why. Cineworld up another 28%! Why?! They are all closed and no one has any idea for how long. Same with Cardfactory up 14% and Wetherspoons up 4.5%! Diageo up almost 3% - strange with all hotels, clubs, bars and restaurants closed for who know how long.

They have all gone up huge every day for the last few days! I cant for the life of me understand why.

Its bizarre.

Dow futures up today again too.
 
Why do you think it's a good buy? Not disputing or agreeing, just interested in the reasoning.

Easily serviceable debt (plus good terms just been extended); trading update said no material impact of CV; cars still out and breaking down (fewer, but the aa are also working with the NHS now); I don't know anybody who has stopped their breakdown insurance because of CV (it's a contract really, so just rolls on); shorts are reducing and big institutions are invrrasi g their stake...
 
Easily serviceable debt (plus good terms just been extended); trading update said no material impact of CV; cars still out and breaking down (fewer, but the aa are also working with the NHS now); I don't know anybody who has stopped their breakdown insurance because of CV (it's a contract really, so just rolls on); shorts are reducing and big institutions are increasing their stake...

And I know you're not disputing; takes all manner of opinions to make a market! I like it, I think this thread is great.
 
I liked AA a few days back. Halfords too. Feel a lot like iv missed the boat now. They look expensive now. Benefit of hindsight and all that...
 
Think AA has a ways to go; why wouldn't it get back to its highs given no material damage from CV? They will, almost certainly, be recognised as supporting key workers during this crisis (for free no less!) so expect their standing in the community to increase substantially. This will matter in coming months, I'm sure!
 
Think AA has a ways to go; why wouldn't it get back to its highs given no material damage from CV? They will, almost certainly, be recognised as supporting key workers during this crisis (for free no less!) so expect their standing in the community to increase substantially. This will matter in coming months, I'm sure!

Agree. But dont you feel like your getting a 'bad deal' if you look back to a few days ago?
 
Who knows which way it's gonna go, not me for sure.
But I am tempted to sell out of a few holdings I'm not that enamoured with while the goings good(ish) with a view to placing elsewhere in a month or two, should a bigger downturn happen.
And if it doesn't, I'll just average it back in over time.
 
Agree. But dont you feel like your getting a 'bad deal' if you look back to a few days ago?

Depends if it goes up another 100% from here! Looking at past price is the road to misery - do I wish I'd invested in apple and Amazon when they were cheaper? Of course! But that doesn't mean they're not good value now too...
 
It's difficult to forecast for sure .. on the S&P 500 we're currently @ 18% down from ATH, doesn't add up considering so many things are essentially on pause currently. All the stimulus in US being added is clearly causing this rally .. is it going to hold?

I might well be wrong, but added to my SPY short today @ $280
 
https://www.ccn.com/dow-jones-to-plunge-50-despite-bounce-research-warns/

Article here predicting huge drops worldwide. Cant say I dont agree! Hence my huge surprise with current upwards trends.

It seems the plan is to just keep reinflating the bubble whenever it pops, whatever it takes, Donald would never be able to live down being President during a financial crisis when he prides himself on the finance side of things

doesn't add up

We are in times where staunch capitalists are turning to socialism in order to save the "free" market :D
 
Weird one. All the markets are up again today, some stocks with large rises too.

Everyone is saying there is going to be a recession if we're not already in one. Others warning it will be deepest since the great depression maybe even worse. 6m plus filing for unemployment per week in the US, Canada is decimated. Italy and Spain are likely to need to bailouts. Yep the markets have been going up all week.
 
Weird one. All the markets are up again today, some stocks with large rises too.

Everyone is saying there is going to be a recession if we're not already in one. Others warning it will be deepest since the great depression maybe even worse. 6m plus filing for unemployment per week in the US, Canada is decimated. Italy and Spain are likely to need to bailouts. Yep the markets have been going up all week.
I can't see how it can last if the underlying economy will get worse. Seems to my inexpert eye like a temporary float buoyed by optimism and emergency funds injected into the ecoomy.
 
I can't see how it can last if the underlying economy will get worse. Seems to my inexpert eye like a temporary float buoyed by optimism and emergency funds injected into the ecoomy.

Same, i'm looking at some shares like BARC, William Hill, etc. While they were very low and I have FOMO i'm still sitting on cash.

Remember that picture a few pages back? The biggest one-day gains in 2008 were all before the real big drop. While this may not be an indicator for what's to come it's still worth bearing in mind
 
2+ trillion of stimulus and the market only goes up 1.5%. Each round of stimulus is having a lesser impact on the market. The time is drawing near...the emperor is naked.
 
2+ trillion of stimulus and the market only goes up 1.5%. Each round of stimulus is having a lesser impact on the market. The time is drawing near...the emperor is naked.

Crazy silly money being thrown around, that 2 trillion is 10% of market cap of the S&P500, it's lost 5Trillion in value since Dec 19 as well

I'm confused though is this $2.3Trillion - https://www.forbes.com/sites/sarahh...ll-pump-another-23-trillion-into-the-economy/ from the CARES act or is this on top of the money from CARES act as the article says "another 2.3trillion" I see they're also lining up another stimulus as this $2.3Trillion is apparently not enough :eek:
 
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