UK Stockmarket 2009 and beyond

sabretoothtigger

The top 4 shares are all quite close to some support, Vodafone even looks quite bullish

This bounce is well in line. More important is how it looks a week from now I guess

wombat42 wrote: »

sabretoothtigger - i invest in Investec Global Gold which includes ABG as a holding:
http://www.h-l.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/i/investec-global-gold-accumulation


it has a nice Palladium ETF holding as well (up 5.23% today at present)

Looks good and makes sense when barrick is already one of their holdings. However its such a successful fund I dont think I could call that a bargain.
I own their general commodities fund which has been shorting oil which has helped it not tumble badly recently.
I was thinking of the HSBC Indian equity fund, its fallen 10% and though its could be very volatile I think its a good long term bet and I know their main holding Cairn is due to continue its uptrend. I'll keep a bit back in cash as sterling might be ok for the moment

turbobob wrote: »

I don't like your chart STT, but it could be the way it goes! A big loan package looks to be agreed following the emergency EU meeting - http://preview.bloomberg.com/news/2010-05-08/eu-finance-chiefs-race-to-ready-emergency-fund-before-asian-markets-open.html Will have to see how this pans out, but this is not the end of it.

Could we possibly have an up day tomorrow? S&P E-mini futures opened up 18 points at 1125 - http://uk.quote.com/us/futures/chart.action?s=ES+M0&chartUi.period=V&chartUi.bardensity=LOW&chartUi.studies=EMA%284%2C9%2C18%29%3B&chartUi.bartype=CANDLE&chartUi.size=620x300&chartUi.minutes=15 Euro/dollar jumped up about 1% tonight.

sabretoothtigger wrote: »

4952 is support I drew for FTSE. SP500 is at support of 1110 but I think its bearish because it closed below the February, July and 09 March lows on a trendline basis.
If it opens monday 14:30bst at above 1137 then this is negated and its just an estimate anyhow

if SP500 opens above 1137 then it'll be in line with the Feb lows and that looks set to happen so a bounce big or small is well in line now.
Not yet sure when it'll hesitate or for what reason but looking at 1215 again for the moment.
Wild speculative bidding funded by 0% fed rates should make this a strong bounce I guess

JamesU wrote: »

Yes, [STRIKE]I think[/STRIKE] UK politics is just a sideshow compared to the problems with sovereign debt in Europe as a whole.

That a good thing, the last thing we want is people looking at us through a magnifying glass and burning our legs off. We are the ants of the world stage really and thats fine by me.

Due to our debt profile we are not greece nor are we ever going to duplicate the superbly engineered stupidity of the Japanese. We just got to reverse the deficit preferably before the Olympics really

This amazing bail out right now has greece continuing to spend more then they take in taxes for many years to come. Its not a solution, its another continuation of the general problem so expect us to repeat some day



Q&A
http://www.citywire.co.uk/personal/-/news/money-property-and-tax/content.aspx?ID=398566&re=9349&ea=249194

tonygee_3

Looks like another ROLLERCOASTER of a week,hope you banked your profits;)

worldtraveller

JamesU wrote: »

Yes, [STRIKE]I think[/STRIKE] UK politics is just a sideshow compared to the problems with sovereign debt in Europe as a whole.

Tomorrow is another day and I would expect much greater reflection by the markets on the UK and the continued, growing uncertainty within, then, especially with the news regarding Brown standing down soon and the resultant increased possibility of a LAB/LIB alliance. It's really hardly surprising that the mammoth shock & awe EU support package has taken the limelight today.

wombat42_2

with yet another bailout this is grist to the mill for Gold. It must at least double in the next year or two.

artha

tonygee wrote: »

Looks like another ROLLERCOASTER of a week,hope you banked your profits;)

I banked mine mid april so am looking for opportunities

cloud_dog

Tale of two sectors today with PM stocks performing well.

CEY reacted very positively to the confirmation that its listing on the main market will be eligable for entry in to the FTSE250 index, up 7.4% at 160p. I'm hoping it may run out of steam by about 165p and retrace back to 145p (maybe?).

Typical, just when gold rockets past its previous all time high no sign of tweedle dee and tweedle dum.

sabretoothtigger

A couple of bearish charts to add to the ftse one above. The good news is I think we have to go up before going down through 5000, if thats the way it goes?




From the uk perspective, if we did have a bit of a stronger currency this should match a weaker market. I do think these things are a bit of a sea saw



Heres a video showing how each market dip has been more important then the last and is accumulating to a grander break of the trend. Skip to the end if bored, I think moving averages also shows this to be true http://www.youtube.com/watch?v=QKy17s9N6oY
This last test was quite harsh and almost broke the 200 day moving average I think

A volatile market ahead

[B][COLOR="Blue"]
Below are the best-performing U.K. stocks year-to-date.[/COLOR][/B]

Ranking  |  Company (Ticker)  |  Year-to-Date Performance
1 Niche Group Plc (LON:NGP) 686.4%
2 Raymarine plc (LON:RAY) 449.5%
3 Chariot Oil & Gas Limited (LON:CHAR) 346.8%


4 Rockhopper Exploration Plc (LON:RKH) 256.1%
5 IQ Holdings Plc (LON:IQH) 253.3%
6 Reliance GeneMedix plc (LON:GMX) 183.3%
7 Huy Plc (LON:HUY) 183.3%
8 Petro Matad Limited (LON:MATD) 175.7%
9 Worthington Group plc (LON:WRN) 165.0%
10 Intandem Films Plc (LON:IFM) 150.0%
11 Mediazest Plc (LON:MDZ) 125.0%
12 Cove Energy PLC (LON:COV) 119.8%
13 Urals Energy Public Company Limited (LON:UEN) 113.8%
14 CML Microsystems Plc (LON:CML) 113.5%
15 Niger Uranium Limited (LON:URU) 108.3%
16 STV Group Plc. (LON:STVG) 106.8%
17 Sagentia Group PLC (LON:SAG) 102.8%
18 Ross Group plc (LON:RGP) 100.0%
19 Mecom Group plc (LON:MEC) 98.7%
20 Anglesey Mining Plc (LON:AYM) 96.0%
21 Candover Investments plc (LON:CDI) 95.2%
22 Communisis plc (LON:CMS) 92.3%
23 BPP Holdings plc (LON:BPP) 89.3%
24 Lifeline Scientific, Inc (LON:LSCI) 88.1%
25 CBaySystems Holdings (LON:CBAY) 86.2%
26 Character Group plc (LON:CCT) 85.4%
27 CareCapital Group Plc (LON:CARE) 84.0%
28 Connemara Mining Company plc (LON:CON) 83.3%
29 Cellcast plc (LON:CLTV) 82.6%
30 Cockleshell Limited (LON:CKL) 82.2%
31 Royal Bank of Scotland Group plc (LON:RBS) 77.2%
32 4imprint Group plc (LON:FOUR) 74.0%
33 Directex Realisations PLC (LON:DXR) 72.7%
34 The Weather Lottery Plc (LON:TWL) 72.7%
35 Daniel Stewart Securities PLC (LON:DAN) 66.7%
36 Douglasbay Capital PLC (LON:DBAY) 65.2%
37 Pinnacle Staffing Group plc (LON:PCL) 65.2%
38 Cathay International Holdings Limited (LON:CTI) 64.0%
39 LED International Holdings Ltd. (LON:LED) 62.5%
40 Berkeley Mineral Resources plc (LON:BMR) 62.5%
41 Chloride Group Plc (LON:CHLD) 62.2%
42 CARADOR PLC (LON:CDO) 62.0%
43 ReneSola Ltd. (LON:SOLA) 61.1%
44 Forum Energy Plc (LON:FEP) 59.8%
45 JD Sports Fashion PLC (LON:JD.) 59.4%
46 Specialty Scanners PLC(NDA) (LON:SCAN) 58.3%
47 Enegi Oil Plc (LON:ENEG) 58.2%
48 India Capital Growth Fund Ltd (LON:IGC) 57.9%
49 Lupus Capital plc (LON:LUP) 57.6%
50 Dragon-Ukrainian Properties & Dev. Plc (LON:DUPD) 54.4%
51 Arriva plc (LON:ARI) 53.7%
52 Ferrexpo Plc (LON:FXPO) 53.4%
53 Prospect Epicure J REIT Value Fund PLC (LON:PEJR) 52.6%
54 Mithras Investment Trust plc (LON:MTH) 52.2%
55 Scientific Digital Imaging plc (LON:SDI) 51.6%
56 Zoo Digital Group plc (LON:ZOO) 51.2%
57 The Carphone Warehouse Group PLC (LON:CPW) 51.2%
58 Forth Tankers PLC (LON:FOT) 51.0%
59 Emerging Metals Limited (LON:EML) 50.8%
60 Senior plc (LON:SNR) 50.1%
61 Equity Resources Plc(NDA) (LON:EQRP) 50.0%
62 Trafficmaster plc (LON:TFC) 49.6%
63 Herencia Resources PLC (LON:HER) 49.5%
64 IS Solutions Plc (LON:ISL) 48.7%
65 Matra Petroleum Plc (LON:MTA) 48.6%
66 Xaar plc (LON:XAR) 48.5%
67 GeoPark Holdings Limited (LON:GPK) 48.3%
68 Efes Breweries International NV (LON:EBID) 47.8%
69 Visonic Ltd (LON:VSC) 47.0%
70 Games Workshop plc (LON:GAW) 46.0%
71 NetDimensions (Holdings) Limited (LON:NETD) 45.8%
72 BlueStar SecuTech, Inc. (LON:BSST) 45.7%
73 Volex Group p.l.c. (LON:VLX) 44.0%
74 Optos Plc (LON:OPTS) 43.7%
75 Smaller Companies Value Trust plc (LON:SVLC) 43.6%
76 Northamber Plc (LON:NAR) 43.5%
77 Chapelthorpe plc (LON:CPL) 43.3%
78 Close High Income Properties PLC (LON:CHI) 43.1%
79 Ashtead Group plc (LON:AHT) 43.0%
80 Kingdom Hotel Investments (LON:KHI) 42.9%
81 Skywest Airlines Ltd (LON:SKYW) 42.6%
82 Colefax Group Plc (LON:CFX) 42.3%
83 UTV Media plc (LON:UTV) 41.8%
84 Getmobile Europe Plc (LON:GETM) 41.1%
85 VT Group PLC (LON:VTG) 40.7%
86 Asian Plantations Limited (LON:PALM) 40.3%
87 ARM Holdings plc (LON:ARM) 40.2%
88 IGAS Energy PLC (LON:IGAS) 40.2%
89 New Europe Property Investments plc (LON:NEPI) 40.0%
90 Screen Technology Group Plc (LON:SCT) 40.0%
91 The Rank Group Plc (LON:RNK) 38.7%
92 Johnston Press plc (LON:JPR) 38.2%
93 Greenko Group PLC (LON:GKO) 38.1%
94 French Connection Group (LON:FCCN) 37.5%
95 Renold plc (LON:RNO) 37.5%
96 Hyder Consulting PLC (LON:HYC) 36.8% :j
97 Nestor Healthcare Group plc (LON:NSR) 36.0%
98 Harvey Nash Group plc (LON:HVN) 35.5%
99 The Weir Group PLC (LON:WEIR) 35.1%
100 IMI plc (LON:IMI) 35.0%
101 Spark VCT PLC (LON:SVCT) 35.0%
102 Rightmove Plc (LON:RMV) 34.8%


etc

http://www.nasd100.com/2010/05/bestperforming-uk-stocks-yeartodate-updated-may-11-2010.html



Weakest stocks (usa), GS, BP and our own VOD or vodafone are listed here

http://stockbee.blogspot.com/2010/05/goldman-sachs-amongst-weakest-100.html



When BP breaks this negative trend it might rise a bit more nicely. Do we have to wait on news for this to happen or can the chart help predict an upturn at all
At this rate it'll be 500 at next monday or Tues which could be support and lead to a break overall

LSE -

NYSE -
http://img22.imageshack.us/img22/4062/img12736246810074469996.gif

Despite whats being said, BP isnt all british its likely half american so the nyse has some say in the price I think

Price tonight was level but retracted / failed at this trend line


Alternatively ? http://www.stocks-n-options.com/falling-wedge.html

http://img121.imageshack.us/img121/5967/img12736256956834571539.gif

tonygee_3

A lot of brokers now offerring DIVIDEND REINVESTMENT options
If you select this does it mean you dont declare divs on tax form?

sabretoothtigger

The dividend is used to buy shares. Only a fund which accumulates them internally would avoid the tax I believe by transferring the liability to capital gains tax (outside of an ISA)

All dividends in the uk are taxed at 20% and then if you are liable for 40% tax then you must declare it as additional income I think unless its an ISA

cloud_dog

sabretoothtigger wrote: »

The dividend is used to buy shares. Only a fund which accumulates them internally would avoid the tax I believe by transferring the liability to capital gains tax (outside of an ISA)

Ummm, No. I was [STRIKE]picked up on this thought[/STRIKE] corrected on this by another MSEr. The majority of UTs/OIECs/ITs accumulation funds that automatically assign dividends to the NAV are still liable to income tax delcaration.

I cant find the post / IR info atm but will post a link if I find it.