UK Stockmarket 2009 and beyond

lvader

Google doing well today, hopefully they have shaken off the China thing,

sabretoothtigger

Google is doing well but near resistance, about 59450 or similar hesitant prices of jan and dec 1% away


Intel beats estimates and rises 4% after hours. One guy reckons this could turn out to be a short opportunity which would be ironic certainly and therefore quite possible

http://www.marketwatch.com/story/intel-reports-big-jump-in-quarterly-profit-2010-04-13?siteid=bnbh

I have trend topside for this week at 23.35 and then resistance beyond that at 23.70 and after hours puts INTC at 23.57

Since its such a big company if it did reverse it could have an influence on tomorrows afternoon FTSE but we should be positive up until then


http://finance.yahoo.com/q?s=intc

lvader

sabretoothtigger wrote: »

USA Earnings schedule - http://www.briefing.com/GeneralContent/Investor/Active/ArticlePopup/PagePopup.aspx?PageId=3272

AA is on target but low on revenue so ultimately disappointing I guess though they are below January share price anyway. Intel to come after hours tomorrow

Intel came in ahead of expectations.

sabretoothtigger

Ahead of expectations but enough ahead to justify this positive market I wonder?

Im just going through a few stocks now, IBM is supposedly the biggest stock in the DOW and could go either way and that pretty much mirrors prospects on all of them

Most significant today for me was Microsoft which has bounced back now and is challenging the negative trend since 2007.
For something so big you cant ever be sure if it'll hold its gains straight away but at least its trying I guess.

In theory it should go down, its failed the Feb uptrend and its below this 3 year trend but I reckon its worth being long

Confirmation would have to come over the next fortnight I guess, could go either way

IBM share chart video - http://www.youtube.com/watch?v=ybRhFAwQKbI

Technology is really the most significant part of americas chances of recovery imo. If that sector cant dig them out of the dumps it'll be down to something unexpected like agriculture

lvader

sabretoothtigger wrote: »

Google is doing well but near resistance, about 59450 or similar hesitant prices of jan and dec 1% away


Intel beats estimates and rises 4% after hours. One guy reckons this could turn out to be a short opportunity which would be ironic certainly and therefore quite possible

http://www.marketwatch.com/story/intel-reports-big-jump-in-quarterly-profit-2010-04-13?siteid=bnbh

I have trend topside for this week at 23.35 and then resistance beyond that at 23.70 and after hours puts INTC at 23.57

Since its such a big company if it did reverse it could have an influence on tomorrows afternoon FTSE but we should be positive up until then


http://finance.yahoo.com/q?s=intc

I hadn't looked at the after market trading for Intel, I think there is big money waiting to go into US tech stocks, Bloomberg have been big uping them for a while. Any good news is going to get pounced on. I bought Intel stock last week so I'm happy.

sabretoothtigger

They go ex div not that far from now so you might be good there I always believe so long as the company itself is doing well, managed well and in growing markets then the share price is just news, only traders should care about price alone and intel is one of those for me


I was looking back in the thread and I saw this on ibm last autumn just before they fell 5% which is alot for a big slow company I guess.

This time I dont think there is as much pressure on them. This is a bit similar to google, supported by 4 year positive trend in the share price

sabretoothtigger wrote: »

IBM as well, they might not be so positive just as a guess.


Saw PTEC tipped and remember it being mentioned on this thread, anyone still holding?

PTEC did really well and this tip quoted was a good one ( I had already got IGG so didnt feel much incentive to buy personally).

Questor follows this share and recently gave it a sell along with a few others in a similar vein to his call to sell the xmas rally (even though it was in the dollar index not shares but nevermind), take some profits for cashflow, etc

lvader

I've mostly gone for big names with my 10K S&S ISA. I've got £600 left for a risky punt, any thoughts on Firestone Diamonds? I noticed they moved up 9% today.

sabretoothtigger

Not sure about Diamonds though I own Anglo American for a while and they own part of De beers (its in debt)

I think I prefer the low risk companies (if possible) to manage the high risk commoditys for me. Otherwise I'd just go with CRB, I still think thats good insurance rather then cash not a big earner though.
1% silver and 1% nickel and all sorts in that mix you wont miss anything


I'd look back and consider platinum again, LMI and phpt was what I was thinking 6 months ago so I'd see how thats gone comparatively. Ive havent looked at all recently, I didnt buy any in the end


Im interested what your main stock choices were




For the person asking about RSI they mention it here. If its not clear then forget about it, only volume and price matters.
Moving averages and so on are only supposed to clarify things and if they dont - ask for a refund [CRB for example is above 200ma and so on]
http://www.youtube.com/watch?v=co937OwNdt8


FRES is now apparently flashing red with sirens going off, strong sell says stoxline. I think its just beaten the negative trend (with retrace to confirm) so will be interesting whose right

lvader

sabretoothtigger wrote: »

Im interested what your main stock choices were

I went for Barclays, Tescos, Associated British Foods, BP, Intel, Microsoft, Apple and Google.

turbobob

Bit of a down day for most of the miners, and yes FRES has dropped back under that trendline. Still some things making new recent highs though -