Soldato
Most of BP production is not the US though. I don't think BP is naturally a good match for Exxon given the relative portfolios and locations - Shell/Chevron more likely as a supermajor takeover I think.
Trading the stockmarket (NO Referrals)
- Thread starter mcast123
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Most of BP production is not the US though. I don't think BP is naturally a good match for Exxon given the relative portfolios and locations - Shell/Chevron more likely as a supermajor takeover I think.
AMD has been added to the S&P 500, along with that new the after-market trading went a little mental.
It's very good new for AMD, and of course anyone that bought in last year, or even early January this year.
http://www.marketwatch.com/story/ur...-communications-booted-from-sp-500-2017-03-10
https://iknowfirst.com/rsar-amd-stock-analysis-can-the-near-600-return-continue
A predictive algorithm also has AMD set to reach $106 in a year, although that's completely barmy I think. Depending on how well Naples, Ryzen R5, and Vega goes, and being added on S&P 500 they'll certainly see some strong growth.
It's very good new for AMD, and of course anyone that bought in last year, or even early January this year.
http://www.marketwatch.com/story/ur...-communications-booted-from-sp-500-2017-03-10
https://iknowfirst.com/rsar-amd-stock-analysis-can-the-near-600-return-continue
A predictive algorithm also has AMD set to reach $106 in a year, although that's completely barmy I think. Depending on how well Naples, Ryzen R5, and Vega goes, and being added on S&P 500 they'll certainly see some strong growth.
I'm still holding dollars in the hope that it will cause the pound to drop once triggered. Although there's always the possibility that triggering it creates certainty (compared to what we have now with the back and forth with the HoL) and strengthens the pound - impossible to know at this stage 
Don
Aye if anything I'm expecting it to go up slightly when the button is pushed.
Soldato
SL I took on brexit and sold by limit on its merger news. Ive owned it since IPO though and tbh its a fault of mine not to hold the items I know of quality in quantity. It'd be nice to buy on 240 or lower again, we've not had a sell off in too long. I'm reluctant to buy otherwise which as I say is probably the wrong attitude.
They are a finance company, they can sell off I reckon but the low of 130 was bonkers. Again now a proper sell seems unlikely, they are solid but finance is inline with government policy and its crutch of debt can slip and give way.
Another example is ATK which is a great company with prospects, great stock. No reason not to hold more but Ive done that wrong and should have been buying regularly I realised on its recent spike. I'll hold, its a very justified offer afaik.
Maybe WEIR and others I cant think of, possible oil services breakout I'm told time to look at those. They are businesses needed globally in any weather anyhow. Engineering or similar kind of IP is probably UK's greatest asset most unique and wanted.
Woodford still says avoid BP and RDSB as they arent accumulating profit opportunities more burning resources. I guess he'd be right but oil can go up also especially vs Sterling or Dollar which are weak and both national interest rates are below inflation. I expect Sterling to gain this year at least some
http://citywire.co.uk/money
They are a finance company, they can sell off I reckon but the low of 130 was bonkers. Again now a proper sell seems unlikely, they are solid but finance is inline with government policy and its crutch of debt can slip and give way.
Another example is ATK which is a great company with prospects, great stock. No reason not to hold more but Ive done that wrong and should have been buying regularly I realised on its recent spike. I'll hold, its a very justified offer afaik.
Maybe WEIR and others I cant think of, possible oil services breakout I'm told time to look at those. They are businesses needed globally in any weather anyhow. Engineering or similar kind of IP is probably UK's greatest asset most unique and wanted.
Woodford still says avoid BP and RDSB as they arent accumulating profit opportunities more burning resources. I guess he'd be right but oil can go up also especially vs Sterling or Dollar which are weak and both national interest rates are below inflation. I expect Sterling to gain this year at least some
http://citywire.co.uk/money
Soldato
Which broker is that inferno, some are not good with the fees. Also double tax must be avoided, scrip dividend is much better yep. I'm not sure if ISA or SIPP is better to hold foreign shares
Anyone like Hurricane prospects or is it just expensive oil
Anyone like Hurricane prospects or is it just expensive oil
Soldato
Have you seen a chap on youtube from FOUS4 trading? He does stuff like that but if you read up his story, he was pretty much bankrupt twice i think.
I've been reading books on stock markets for the past year and to be honest it's all still very complex.
I'd like to have a go at day trading in the future. Is there any software you can trial with a dummy account ?
I have never dealt with stocks or shares. I have an amount of savings for a house but with the price of the ££ plummeting I would like to stick an amount of my money elsewhere.
Any recommendations on where I should start, tips guides or a general bit of advice?
Any recommendations on where I should start, tips guides or a general bit of advice?
What in particular are you finding complex? The basics are pretty straightforwards in terms of what a stock is, how markets work etc.. are you talking about forecasting etc..?
day trading is not very feasible for 99.999% of people - most of the edges available disappeared with the growth of electronic trading - if your plan is to learn some technical analysis and a bit about economic releases etc... watch the markets and then go long or short based on some discretionary decisions/gut feel etc.. then you'll very likely fail
yes there is software you can trial - most spread betting providers will have demo accounts (though this is a more expensive way to trade so even less chance of making money day trading), for UK equities you'll likely want to trade via CFDs - IIRC interactive brokers is probably the best for this
Presumably your house is priced in GBP/in the UK too? I wouldn't therefore worry about it. If you're looking to buy soon then I'd not risk sticking your deposit in the stock market - investments in equities should be longer term not cash that you may need access too in the next year or two IMHO
Playing the stock market with money you are going to rely on for something as important as buying a house is a very silly thing to do. Don't, you'll regret it, trust me.
Soldato
He doesnt have to be playing, its a reasonable course of savings and investments. If you know zero, its reasonable to engage an IFA for ideas. Make sure they are IFA not sales employed by a bank or similar. I prefer to look myself but there are good IFA out there also
I would worry about it a tiny bit. Weak pound does have an effect on costs eventually. Interest rates can rise because of the policies that have burdened Sterling previously. We have the lowest rates ever, I dont have to be a contrarian here to say long term and houses are 25 years potentially that'll mean higher rates, higher costs then now.
If you do a simple FT100 tracker, its mostly not UK (all share FTSE is essentially the same thing, its weighted by size). Because they are global companies and UK is not massive even though its a rich country, being in those stocks means you have some better protection from sterling weakness. Some of the earnings will be foreign income and rise with weaker sterling, etc
Years ago I got a tracker, I had consider India investment trust with JP morgan but the Fees were 5% so I lumped sum with L&G FTSE which was cheaper and gave cash back from at that time specialist borker and I think the best thing is to take it regularly not a one off.
Super simple advice but I think thats the best thing to do especially when you are new to the game. So monthly buy, costs do matter as it compounds in its effect.
I did ok with my tracker mostly I think as I opted to reinvest dividends, but it'd also have done much better spread over at least a year and actually 1-3 years to buy is probably the best stance to begin with.
Centamin paying 11.1p dividend on a stock that was 50p not too many years ago at all. Stellar performance, high risk I guess it has to be labelled correctly but wish I knew of more similar to this kind. I had a buy order for 110p over xmas, its low was 115p....... buy more then once rings true again its 186p now ex-div. CEY has had the right kind of cash flow dynamic, I think many more gold companies could do well even if gold just stays here. Actually I think gold will rise considerably, especially in sterling terms even though the local costs are what matters (and oil). My guess is its really not right to sell Centamin here I think 400 on gold strength is possible though I've not done the maths but margin expansion is a giant mover in share price. I always sell too soon on good stuff but Egypt has worrying instability in its currency, hopefully not the country overall. They are seen as a key player in the region and valued for good governance I think, not exactly capitalism or democracy though.
One tip I saw recently was a Premier Bond expiring 2020 with total return in the order of 10% PA The company has some debt problems hence its risk/return but overall its a better player then most and has good reason to prosper longer term. But a nasty rise in interest rates would not be good for bonds afaik, they also need oil priced here or higher I guess.
Does anyone ever hear anything of PMG. Tom Cross is an investment genius, hopefully will prove so in future again
I would worry about it a tiny bit. Weak pound does have an effect on costs eventually. Interest rates can rise because of the policies that have burdened Sterling previously. We have the lowest rates ever, I dont have to be a contrarian here to say long term and houses are 25 years potentially that'll mean higher rates, higher costs then now.
If you do a simple FT100 tracker, its mostly not UK (all share FTSE is essentially the same thing, its weighted by size). Because they are global companies and UK is not massive even though its a rich country, being in those stocks means you have some better protection from sterling weakness. Some of the earnings will be foreign income and rise with weaker sterling, etc
Years ago I got a tracker, I had consider India investment trust with JP morgan but the Fees were 5% so I lumped sum with L&G FTSE which was cheaper and gave cash back from at that time specialist borker and I think the best thing is to take it regularly not a one off.
Super simple advice but I think thats the best thing to do especially when you are new to the game. So monthly buy, costs do matter as it compounds in its effect.
I did ok with my tracker mostly I think as I opted to reinvest dividends, but it'd also have done much better spread over at least a year and actually 1-3 years to buy is probably the best stance to begin with.
I have a dozen of these stories, how it could have gone lol 
Like my MSFT stock 'idea' in 1990 
Heres JII vs FTSE
JII is still a reasonable idea now imo - longterm. I sold again 2014, rebuying early last year would have worked still but I got other stuff and we rose generally its all relative
Like my MSFT stock 'idea' in 1990 Heres JII vs FTSE
JII is still a reasonable idea now imo - longterm. I sold again 2014, rebuying early last year would have worked still but I got other stuff and we rose generally its all relative
Centamin paying 11.1p dividend on a stock that was 50p not too many years ago at all. Stellar performance, high risk I guess it has to be labelled correctly but wish I knew of more similar to this kind. I had a buy order for 110p over xmas, its low was 115p....... buy more then once rings true again its 186p now ex-div. CEY has had the right kind of cash flow dynamic, I think many more gold companies could do well even if gold just stays here. Actually I think gold will rise considerably, especially in sterling terms even though the local costs are what matters (and oil). My guess is its really not right to sell Centamin here I think 400 on gold strength is possible though I've not done the maths but margin expansion is a giant mover in share price. I always sell too soon on good stuff but Egypt has worrying instability in its currency, hopefully not the country overall. They are seen as a key player in the region and valued for good governance I think, not exactly capitalism or democracy though.
One tip I saw recently was a Premier Bond expiring 2020 with total return in the order of 10% PA The company has some debt problems hence its risk/return but overall its a better player then most and has good reason to prosper longer term. But a nasty rise in interest rates would not be good for bonds afaik, they also need oil priced here or higher I guess.
Does anyone ever hear anything of PMG. Tom Cross is an investment genius, hopefully will prove so in future again
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this is a bit dubious, investing your deposit in a tracker isn't going to directly offset any supposed FX risk (the tracker might well go up and down with relatively little relation to FX moves) and yet you're not even talking about that it seems but risks that the rate of borrowing goes up later? I'm not even sure of the relevance now - supposing he made a bit of money and had a slightly larger deposit to play with a rate rise is still going to impact the value of the mortgage (which could be say 5 times large than the deposit)
it is all a bit moot as it turns out his house buying plan confusingly has nothing to do with the money so not really sure why he mentioned it to begin with
anyway I'd wager that most IFAs would tell someone not to put a deposit for a house into a tracker fund - it certainly isn't a hedge against rate rises regardless