UK Stockmarket 2009 and beyond

sabretoothtigger

A pays you a lower dividend as its taxed by the dutch and maybe they have a higher rate. B is the british registered one
Do you get paid any USA dividends ?


Speaking of international shares, halifax is not charging to buy in nyse or other exchanges this week

I'm assuming you mean the March '10 low?

No I meant on a trend, its not very clearly established but might be in play still. I look on the weeklys first



The EuroDollar is -1.24% and lost its rally which has wider implications I guess this should mean we revisit fridays lows. Any strong change in direction needs to be confirmed more then once



http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/7753874/Hedge-funds-bet-big-on-the-falling-euro.html

StevieJ

tradetime wrote: »

With regards to Shell, anybody know why both their A shares and B shares have a listing on the exchange RDSA and RDSB and is there any obvious advantage in buying one over the other for longer term holding?

A shares subject to NL withholding tax, here is an explanation from Shell site.

http://www.shell.com/home/content/investor/share_price/difference_a_b/share_price_difference_a_b.html

sabretoothtigger

Bp estimated cost as 750m so far and has committed 500m towards a study on disaster


BP adr view http://img3.imageshack.us/img3/136/img12747140278928404076.gif

[IMG]http://img594.imageshack.us/img594/2746/binaryloader.jpg[/IMG]













[url]http://www.citywire.co.uk/personal/-/news/markets-companies-and-funds/content.aspx?ID=400657&re=9505&ea=249194&Page=2[/url]

NG VOD http://www.telegraph.co.uk/finance/personalfinance/investing/shares-and-stock-tips/7760149/Share-tips-buy-Vodafone.html


Took advantage of sterlings strength vs euro to buy a bit more Telefonica or better known in the uk as


I wish I had been able to exchange all my BT shares when they sold off O2 unfortunately the shares were a gift from a relative who believes in blue chip stocks only They gone in opposite directions pretty much

I was looking at this for some perspective.  
What do you reckon, are we there yet?

[IMG]http://img696.imageshack.us/img696/5895/32811272.jpg[/IMG]


[QUOTE] a bank failure in Spain, while small,
 has fanned the flames of concern about Europe and the broader economic recovery.

Although analysts feel that the takeover of a small bank in Spain isn’t a signal of a larger problem that could bring the country’s financial system to its knees, it did capture the attention of investors who were already nervous about the European economy, reports The Wall Street Journal.

The seized bank is CajaSur, which had $16.4 billion in loads and just 0.6% of the assets in the Spanish financial system.[/QUOTE]
[url]http://www.etftrends.com/2010/05/spain-etf-gets-hit-after-bank-failure.html[/url]

tradetime

No I meant on a trend, its not very clearly established but might be in play still. I look on the weeklys first

Ah, ok, was missing your drift. I look at weeklies as part of my weekend analysis for the bigger picture overview. On a weekly basis, I would view the trend at risk, but still intact. It would take a weekly close below 1044 followed by a lower high to end the trend on weeklies for me. As predominantly a daytrader that does not overly bother me as the trend on dailies has already changed. Volume very low today and only stepped up a bit during the late day sell off. Market looked fairly weak all day during the regular session, and it would not surprise me to see more downside, possibly as far as the 1019 level I mentioned. But we see how it behaves around 1044 first.

US$ has remained strong, next potential for major resistance looks to be in the 88 - 89 area with any significant potential support all the way back down in the 82.5 area.

BP remains a mess, now below 500p so far I have refrained from adding to my position on that stock. Shell is beginning to look attractive to me, though not being an investor, that opinion doesn't count for a lot

gallygirl

turbobob wrote: »

gallygirl if you are looking at making a first ever investment you're probably best starting off with a fund or combination of funds. Individual share risks are high and broker costs will mean that it wouldn't be cost effective to buy a variety of individual shares with the amount you have. Have a look at www.trustnet.com to see the range of funds available. There are a huge number of options and where you invest depends on how much risk you are willing to take with the money.

There are some funds available that invest in a range of assets - i.e. equities, bonds and sometimes commodities and property. These would mostly be in the Cautious, Balanced or Active managed sectors. For example I have an investment in this fund which invests in a mix of shares, bonds and other. Or there are low cost funds like index trackers that aim to replicate an index like the FTSE All Share. Some people believe that investment options start and end with a UK index tracker, although I don't share that opinion.

As for whether you should invest it or pay it off your mortgage that really depends on whether you believe the investment returns can beat the mortgage interest rate over the 5 years. This is an unknown. Investment returns from March 2009 were huge, but that rate of growth is not sustainable. We are going through a correction at the moment - it is still a correction and not yet a reversal IMO. I believe there are some warnings that economic growth could drag over the coming years, and I don't think the debt crisis in the Eurozone at the moment is exclusive to Europe.

Thanks Turbobob. I do have a fair spread of funds in my pension, all high risk, but have not had spare cash until now to invest outside that.
The fund you sent a link to is one I had actually shortlisted, but I need to do a lot more reading on the sector.
I don't like trackers as if the market is over exposed in one area they will automatically follow. Also, unlikely to perform the indices long term due to trading costs?
Paying off against the mortgage is definitely safest option, but can't help feeling I should take advantage of drops in fund/share prices to invest now....
'If in doubt, do nothing' will serve me well for a few weeks at least.

tradetime

The move to 1044 on SPX is underway

worldtraveller

FTSE down sub 5K again this morning. Currently at 4935, a 15% drop from the high of 5825 on the 15th April.

tradetime

Bought some RDSB for long term ISA, bought some DGW yesterday on the NYSE for long term outside ISA, looking aroud for anything else that looks attractive

sabretoothtigger

15% doesnt sound that much. 10% in one day is a crash but people have made quite an orderly move for the exit in this case. So another 10% seems fair still



Not heard of DGW before but sounds like something I might like maybe. Pretty small by usa standards


RDSB Im waiting for absolute bottom really [1600?], I already tried BP and look how that turned out.
Its like the scene from alien where the acid goes through 20 floors, it should have stopped by now but I think its been underestimated somewhat :eek:

[estimated range today 468 - 487 to 495]



I posted four horsemen riding yesterday because of the eurodollar uptrend failure and thats been a reasonable indicator. Its the drummer boy for this march downwards pretty much




This is the hourly, if you squint its like a line chart honest. Its rerunning last week but on a larger time frame its again nearing due to have a dead cat bounce, however equitys will have this negative frame till weekend even if Euro turns nice today I think



I think all four main ftse shares are now below support, looks bad. Ftse december highs form the temporary trend support, which is as weak as it sounds I reckon



[4924-4952 to 5080]

tonygee_3

Another 200+ forecast off the DOW later!
I pencilled in Mid July as a bottom but at this rate we'll be down to ZERO!
Only sensible approach is to trade or wait, defo not buy and hold as suggested previous