UK Stockmarket 2009 and beyond

OzzMosiz_2

Those who invested in GKP - well done more to come hopefully!

sabretoothtigger

Whats the big results this week then? Not sure who is significant relatively :think:

Microsoft Friday, NY Mellon & CAT Tues, morgan stanley WED, AMEX Thurs


Procter and Exxon on thurs, fri next week



Apple up 7% afterhours
http://www.marketwatch.com/story/strong-iphone-mac-help-apples-earnings-rise-46-2009-10-19?siteid=bnbh

Apple (AAPL 202.40, +12.54, +6.61%) said it earned $1.67 billion, or $1.82 a share, on revenue of $9.87 billion. During the same period a year ago, Apple earned $1.14 billion, or $1.26 a share on $7.9 billion in sales. Apple's results topped the estimates of analysts surveyed by Thomson Reuters, who had forecast the company to earn $1.42 a share on revenue of $9.2 billion.

Dollar weakness supercharges Apple’s results.
The US tech company’s dominance of the market for digital music devices is clear in its results. Yet it’s the weakness of the greenback that really caused Apple’s results to sparkle. That additional factor can't be counted on ad infinitum.
Click here to be told when the story is ready.

http://www.marketwatch.com/story/strong-iphone-mac-help-apples-earnings-rise-46-2009-10-19?siteid=bnbh

Dollar weakness supercharges Apple’s results.
The US tech company’s dominance of the market for digital music devices is clear in its results. Yet it’s the weakness of the greenback that really caused Apple’s results to sparkle. That additional factor can't be counted on ad infinitum.
Click here to be told when the story is ready.

http://www.breakingviews.com/2009/10/19/Apple.aspx?email&sg=USPMEU&uid=141397&secid=35b192e5-f7e8-412a-864c-8cc3ea8ef0e5&date=19102009T2214

If this is true, coke results tomorrow should show similar as they operate mostly outside usa

tradetime

Whats the big results this week then? Not sure who is significant relatively

You got some of them there, too many to mention really, 25% of the S&P500 report this week, don't expect any major nasty surprises from any of the major players, analysts estimates are very cough, cough, complimentary.
The ones to watch may be imho the regional banks, and what their outlook in particular is like, how much they are setting aside for loan losses going forwards, that will likely be the only thing that causes a speed wobble, BB&T was one such example today, but otherwise we look set to enter my target zone 1120 - 1158 possibly as early as tomorrow. This market wants higher prices, and as we get closer to the year end funds are being forced to take positions.
Tomorrow, along with CAT and BNY, which you mentioned, a media emphasis will be on Biogen Idec Inc (Pharma company), Coach, Inc (Retail), DuPont, Gilead Sciences (Pharma), Lexmark International, Inc, Pfizer, STMicroelectronics, UAL Corporation (Parent of United Airlines), United Technologies, (Large conglomerate), UnitedHealth Group Inc. and Yahoo

StockTrader6080

GucciMane wrote: »

Agree with Purchy. I think we'll be rangebound for quite a few years.

I live for a rangebound market. I use cooltrade robotic traders (because they do not require programming). Ninjatrader or Tradestation may work if you are a programmer. The excellence of robotic trading is that first, it is real easy, and second, it handles my positions completely from picking the stocks to adding or removing partial or full positions and takes profits as the stocks move around. In my view it really proved itself when it close all of my long positions a year ago when most stocks had their 5-day moving average go below the 18-day moving average (signaling the start of a long term downtrend). Most fund managers didn't even see something so obvious and held on only to cost their clients as much as 50%.

A sideways market or stocks just going up and down are heaven to robotic traders because they just keep buying and selling. I connect mine to Interactive Brokers who only charges $1 a trade for 200 shares or less.

tradetime

Dude, if you actually spent any time reading this forum instead of spamming it, you'd realize that 99% of people here don't even have a brokerage account that would support that program, and of them 99% probably buy and sell UK stocks @ £6 ($10) a pop and not on any frequency that would justify that nonsense you're essentially trying to sell aircon to Eskimos. Try this board or this one.

StockTrader6080

tradetime wrote: »

Dude, if you actually spent any time reading this forum instead of spamming it, you'd realize that 99% of people here don't even have a brokerage account that would support that program, and of them 99% probably buy and sell UK stocks @ £6 ($10) a pop and not on any frequency that would justify that nonsense you're essentially trying to sell aircon to Eskimos. Try this board or this one.

Dude? spam yourself. I didn't write the software.
It works with Interactive Brokers ($1 trades) and IB trades in 60 exchanges, including the UK.
You can also use ninjatrader or tradestation if you are programmer, but I'm not.

sabretoothtigger

Maybe you could do a 5 minute picture guide for how to use them. I know they are used but Im not going to spend a week trying to figure it out, seems like corporate or professional software to me.

People on this thread should use quotetracker instead which shows quotes and graphs pretty much straight away

Here is a pic of tradestation and all these graph functions are programs that predict probabilitys for an options trader. The candlesticks are a futures contract for the sp500 I think
http://img26.imageshack.us/img26/2195/optionstraderviewoffrid.png




Watching LMI and phpt.l which is a physical platinum etf (the worlds only). Considering we arent going to see a global recession isnt platnium under valued compared to gold ? LMI seems to be on a low PE compared to something like Fres

Also the LMI price by volume chart seems to give potential above this price even after its nice recovery, low resistance to any rise from here I think.


BA seems to have avoided dive bombing, a recovery possible even?
UU fell back to year lows again


TDW also handle stocks on over a dozen exchanges apparently


http://www.independent.co.uk/news/business/news/xstrata-looking-to-extract-value-from-lonmin-1783014.html

uk_steve

i dont have a clue what all that robotic trader is all about


i used to do the wave and and a semi windmill in breakdance days,thats all the robotics i need to know ;-)

StockTrader6080

uk_steve wrote: »

i dont have a clue what all that robotic trader is all about


i used to do the wave and and a semi windmill in breakdance days,thats all the robotics i need to know ;-)

I'm not selling software. I apologize if I gave that impression.
Someone mentioned that the stock market was going sideways and would be years before it comes back, and he said it as if that was a bad thing.

I mentioned that my favorite stocks to trade were stocks that trade in a range and pointed out that I use software that makes it easy because I have it set up to automatically find the stocks and make the trades on it's own. PERIOD.

If I said I used Excel would I be accused of owning Microsoft?

I just re-read your comment about the breakdance. ha. That is funny! Ok, now everybody all together now, let's do the robot. ha. ha.

Cheers!

tonygee_3

Doesnt look like youve any recruits here Stocktrader
My own feeling is market based on emotion so machines no good