UK Stockmarket 2009 and beyond

StevieJ

tonygee wrote: »

Take youre point sabre,but another support broken and asides from US a lot of housebuilders updating this week.If that sector dissapoints we will no doubt continue downward

RBS seem to be cheered by the housing sector.

RBS ups Bellway (BWY.LN) to buy from hold, target to 780p from 540p. Ups Bovis (BVS.LN) to buy from sell, target to 415p from 350p. Ups Persimmon (PSN.LN) to hold from sell, target to 340p from 205p. Cuts Redrow (RDW.LN) to sell from hold. Says it appears fully priced. Increases price target to 168p from 138p. Expects UK house prices to fall further, but says the risk of a significant over-correction looks lower. Ups Barratt Developments (BDEV.LN) target to 159p from 75p, keeps at hold. Lifts Berkeley (BKG.LN) target to 660p from 600p, leaves at sell. (ANT)

[Deleted User]

4180 is support and I don`t know what ukx is doing just now. Still a long (ish) way above 4000 imo

4233 is 200 ma and I wouldn`t be surprised if it gets back there in the next few days. Just a bit of shakin rattlin and rollin first to get folks to release their holdings

sabretoothtigger

Sp500 previously turned around at 888 on 16:00gmt 23rd June. This could be a short lived fall back after all

sabretoothtigger

Tuesday July 07
INTERIMS Dialight (LSE: DIA.L - news) , IDOX
INTERIM DIVIDEND PAYMENT DATE Victrex (LSE: VCT.L - news)
FINALS The Clapham House Group
AGMS 3i Infrastructure, Aberdeen Income & Growth VCT, Alexon Group, BlackRock Absolute Return Strategies EUR Shares, BlackRock Absolute Return Strategies EUR Shares, BlackRock Absolute Return Strategies EUR Shares, BlackRock Absolute Return Strategies GBP Shares, BlackRock Absolute Return Strategies USD Shares, Brown (N.) Group, JPMorgan European Fledgling Inv Trust, Liberty International, ProVen Growth and Income VCT, ProVen Growth and Income VCT 'C' Shares
TRADING ANNOUNCEMENTS Michael Page International
FINAL DIVIDEND PAYMENT DATE Keydata AIM VCT 2 (LSE: KEYT.L - news)
UK ECONOMIC ANNOUNCEMENTS Industrial Production (09:30) Manufacturing Output (09:30)
INTERNATIONAL ECONOMIC ANNOUNCEMENTS Trade Balance (FRA) (07:45) Factory Orders (GER) (11:00)


Wednesday July 08
INTERIM EX-DIVIDEND DATE Albion Enterprise VCT, Chrysalis VCT (LSE: CYS.L - news) , Dewhurst (LSE: DWHT.L - news) , Dunedin Smaller Companies Inv Trust, Octopus Phoenix VCT, Octopus Titan VCT 1 (LSE: OTV1.L - news) , Octopus Titan VCT 2 (LSE: OTV2.L - news) , Pressure Technologies, Safestore, Sinclair (William) Holdings, THB Group (LSE: THB.L - news)
QUARTERLY PAYMENT DATE Africa Opportunity Fund Ltd.
QUARTERLY EX-DIVIDEND DATE British Land Co, Henderson Global Property Companies Ltd (LSE: HGPC.L - news) ., Investors Capital Trust 'A' Shares, Investors Capital Trust 'B' Shares, Schroder Income Growth Fund
FINALS Invista Foundation Property Trust, Metic Group (LSE: METC.L - news)
AGMS Booker Group (LSE: BOK.L - news) , Capital Gearing Trust, Capital Gearing Trust, Norcon (LSE: NCON.L - news) , PayPoint (LSE: PAY.L - news) , Perpetual Income & Growth Inv Trust, Telecom Plus
UK ECONOMIC ANNOUNCEMENTS BRC Shop Price Index (10:30) Nationwide Consumer Confidence (00:01) NIESR GDP estimate (00:01)
INTERNATIONAL ECONOMIC ANNOUNCEMENTS MBA Mortgage Applications (US) (12:00) Consumer Credit (US) (20:00) GDP (EC) (10:00) Household Consumption (EC) (10:00) Government Spending (EC) (10:00) Industrial Production (GER) (11:00) Machines Orders (JPN) Current Account (JPN) Bankruptcies (JPN)
FINAL DIVIDEND PAYMENT DATE K3 Business Technology Group, Restaurant Group (LSE: RTN.L - news) , Staffline Recruitment
FINAL EX-DIVIDEND DATE Albion Protected VCT, Babcock International Group, Blue Planet Financials & Income Inv Trust, British Smaller Companies VCT, Caledonia Investments, Carphone Warehouse Group, Chloride Group, De La Rue (LSE: DLAR.L - news) , Downing Protected VCT VI, Downing Protected VCT VII, F&C Commercial Property Trust Ltd., Glasgow Income Trust, Hyder Consulting (LSE: HYC.L - news) , Mitie Group (LSE: MTO.L - news) , Monks Inv Trust, New Century AIM VCT (LSE: NCA.L - news) 2, Rensburg AIM VCT (LSE: RSB.L - news) , Tawa (LSE: TAW.L - news) , Telecom Plus, Vedanta Resources (LSE: VED.L - news) , VT Group (LSE: VTG.L - news) , Wincanton (LSE: WIN.L - news)


Thursday July 09
QUARTERLY PAYMENT DATE GlaxoSmithKline (LSE: GSK.L - news)
FINALS Begbies Traynor Group (LSE: BEG.L - news)
AGMS Aveva Group (LSE: AVV.L - news) , Brulines, Man Group (LSE: EMG.L - news) , Panceltica Holdings (LSE: PANC.L - news) , Richoux Group (LSE: GRM.L - news)
UK ECONOMIC ANNOUNCEMENTS BoE Interest Rate Decision (12:00) Visible Trade Balance (09:30) Non-EU Trade Balance (09:30)
INTERNATIONAL ECONOMIC ANNOUNCEMENTS Weekly Jobless Claims (US) (13:30) Wholesale Inventories (US) (15:00) CPI (GER) (07:00) Trade Balance (GER) (07:00) Current Account (GER) (07:00)
FINAL DIVIDEND PAYMENT DATE F&C Managed Portfolio Trust Income Shares, International Power (LSE: IPR.L - news) , Perpetual Income & Growth Inv Trust
QUARTERLY RESULTS Sandvine Corporation


Friday July 10
INTERIM DIVIDEND PAYMENT DATE Care UK (LSE: CUK.L - news) , Education Development International, MedicX Fund Ltd., Redhall Group (LSE: RHL.L - news) , United Drug (Dublin:UN6A.IR - news)
QUARTERLY PAYMENT DATE British Assets Trust
AGMS British Land Co, Mitie Group, ProVen VCT (LSE: PVN.L - news) 'C' Shares, Value and Income Trust
TRADING ANNOUNCEMENTS Bovis Homes Group (LSE: BVS.L - news) , SIG (SIGN.SW - news)
FINAL DIVIDEND PAYMENT DATE 3i Infrastructure, Albany Inv Trust, Blue Planet Financials & Income Inv Trust, Booker Group, Corin Group (LSE: CRG.L - news) , Hill and Smith, M&C Saatchi, Marks & Spencer Group, Martin Currie Pacific Trust, May Gurney Integrated Services (LSE: MAYG.L - news) , Morgan Crucible (LSE: MGCR.L - news) , Northern 3 VCT (LSE: NTN.L - news) , PayPoint, Prezzo, ProVen VCT, ProVen VCT 'C' Shares, Tesco (LSE: TSCO.L - news) , Whitbread (LSE: WTB.L - news)
UK ECONOMIC ANNOUNCEMENTS Producer Prices (09:30)
INTERNATIONAL ECONOMIC ANNOUNCEMENTS Trade Balance (US) (13:30) Import Price Index (US) (13:30) University of Michigan Consumer Confidence (US) (15:00) Industrial Production (07:45) Manufacturing Output (FRA) (07:45) Current Account (FRA) (07:45) CGPI (JPN)

I thought keydata went broke, must be just a similar name

My bad, here it is. Much like barings continues to this day

[SIZE=-1]PwC said that a range of Keydata-branded venture capital trusts were separate legal entities and not subject to the administration. [/SIZE] [SIZE=-1]
The range comprises Keydata AIM VCT (LSE: KEY.L - news) plc, Keydata AIM VCT 2 (LSE: KEYT.L - news) plc, Keydata Income VCT 1 plc and Keydata VCT plc 2.

[/SIZE][SIZE=-1]The firm was formed in 2001 when Keydata -- a company with a background in multimedia sales tools for asset managers -- acquired Reading-based Fedsure Investment Products Services. [/SIZE] [SIZE=-1] Private equity firm 3i Group Plc held an 18.5 percent stake in Keydata until 2006, when the stake was sold to management, a 3i spokesman said. [/SIZE]

Why did I not pick all the winners. Anyone got a crystal ball?

Perhaps a call to mystic meg is in order.

With markets so jumpy I wonder if normal types of betting are in decline, I know spreadbetting has become a growth sector and ig index is a ftse listed stock tipped by some. Not sure what their stock symbol is

[Deleted User]

If you click on % at the top of your mam stockwatch chart then you can arrange the stocks in order eg blue at the top and red at the bottom. I tend to look at that rather than ukx, as my portfolio is not representative of ukx ie it is much more defensive. Today 13 are up, 1 neutral and 7 down. A bit psychologically better than just looking at ukx

turbobob

IG Index is part of IG Group (IGG.L) (ps I bought into these at £1.80-ish a few months ago, and have now sold them. Maybe should have kept them ).

On the subject of support/resistance points, what do people use to determine these most often? Low and high prices? Closing prices?

sabretoothtigger

Highest volume price or volume weighted average price is the most significant because it involves the most people.

The closing price for Jan 2nd or July 2nd is not that important because these two days on the sp500 (I read anyway) were especially low volume. The crowd will trample right over that support point if they feel like it

Ideally you dont want to take just one point of resistance, look for a trend already confirmed. Thats what channels/breakout are all about I guess



mam stockwatch chart ? I know what you mean generally, heatmaps and that.
Ive started buying commodity related stuff and thats all down because if sentiment falls they think demand will fall, etc It will have to be bought more then once basically, Im not sure where or when it'll turn
Majority % holdings rose today against the tide, but Im more concerned about their long term prospects

[Deleted User]

turbobob. They are areas of congestion on a chart ie were there are several contact points on a horizontal line. You should draw the lines and then you may see a channel when people buy at the bottom and sell at the top ie it becomes a self-fulfilling thing. A breakout occurs when the price leaves the channel with good volume

support and resistance have a huge lot to do with market psycholiogy

support and resistance are the most important parameters in TA (technical analysis ie charting)

Watch for ex div as you may get a false reading

[Deleted User]

stt go to moneyam.com and get registered for free, then set up a stockwatch of any stocks you want to track. Brilliant free real time prices and excellent graphs.

sabretoothtigger

Ok will do, think I meant to do that already but got distracted.

Im not trading and Im not 100% what this guy means but he seems to think the market is at a flashpoint?

http://i43.tinypic.com/34s1j7r.png

^^^^
Image address - click the envelope and put address in there to post picture directly

The blue line is the average price for the day based on volume as shown at chart bottom





The green and yellow lines are something else I forgot :laugh: more normalised 'boundaries'


edit: here is an explanation for anyone interested. They are lines drawn as a function of previous days trade, support levels - S1 S2
http://www.passion-trading.com/articles/category/technical-analysis/