UK Stockmarket 2009 and beyond

JonnyBravo

sabretoothtigger wrote: »

Do you guys intend to sell quarter of your position on the way up at any point to sort of capture profits. I ve seen day traders/speculators often do this to offset their stoploss being below entry point price

Probably not. I'm planning to wait on the outcome of the permits as the noises are all so positive for them.

sabretoothtigger wrote: »

Im not involved but Im almost always tempted to just sell some of profits I have. The cool head prevails thing Kittie mentioned is totally correct, snap decisions are not my forte

Private investors cut their profits short too early and let their losses run far too long, I do that a bit too much.

Well it's always easy with hindsight and it's far too easy to kick yourself. I'm never worried about leaving early, leave some for the next man etc, but I'm very bullish on EMED and in it for a multiple.... on current thinking... but I reserve the right to change my mind :rolleyes:

[Deleted User]

no because there is a fair way to go before it becomes overbought and its only a small % of the portfolio. I would sell a proportion if it was a main holding

lol Jonny, just wait until whoops edit: I meant rio not rto, unless there are rats in the mines, wants to take it over

OBV is almost vertical ie on balance volume is massively positive and is more vertical than the stock chart, always a good sign. Next target is 12 and then 16, there are bound to be some healthy pullbacks at those points. I think the risk is to 8p so weigh up the risk/reward

cashbackproblems

sabretoothtigger wrote: »

Do you guys intend to sell quarter of your position on the way up at any point to sort of capture profits. I ve seen day traders/speculators often do this to offset their stoploss being below entry point price

Im not involved but Im almost always tempted to just sell some of profits I have. The cool head prevails thing Kittie mentioned is totally correct, snap decisions are not my forte

Private investors cut their profits short too early and let their losses run far too long, I do that a bit too much.

Yes if your not certain on the peak of the sp, its a good idea to sell a proportion, depending on the profits already even enough to cover the original stake. A better idea is to set an automatic stop loss maybe 10-20% below the sp that way you wont pull out early and maximise profit and minimise losses! Most brokers charge a tiny fee for this. But be aware of the ex divi date as shares prices drop on this day by the price of the dividend and rise shortly after.

I generally know what has good long term prospects and what is volatile so dont sell early, e.g. i have decent profits with lloyds and rbs already, but id be an idiot to sell when theres so much potential unless i was desperate for the cash at the moment.

One hot share i bought into today is SXX, if you read bulliten boards all the respected members are going into it and it was risen so much already. Looked at EMED last month and have it on my watchlist but its risen this week and i havent got a clue abt potential as the fundamentals are non existant, typical problem with newish aim shares.

sabretoothtigger

is rto rentokil?

obv = accumulative volume apparently. Im not familiar with it as an indicator but will check it on stuff I look at to see if it shows me something

Next target is 12 and then 16,

I also thought 16 though it might go to 20 from low volume, some hesitation around a previous dip might occur






HSBC is apparently operating above 20PE and will be next year also. This does seem too high a price to buy into though I think it might be worth some short term speculation on the div and price I guess I will favour Standard chartered instead who apparently are only 12 PE though I do feel they are already highly priced, it could be well deserved.

As HSBC is nearly 8% of the ftse100 it could be taken in a wider context but we'll have to see


If the Dollar continues to decline does this make HSBC subprime debt (mostly american based I think) more or less important overall I wonder or maybe it doesnt work like that

BP 8.05%
HSBC Holdings PLC (UK Reg) 7.73%
Vodafone Group 5.52%
GlaxoSmithKline 5.00%
Royal Dutch Shell A 4.83%
Royal Dutch Shell B 3.68%
Astrazeneca 3.48%
BG Group 3.07%
British American Tobacco 2.99%
BHP Billiton 2.69%

[Rio ~1.8%]

Eur/USD which correlates to the sp500 80% of the time has gone sideways this week

dollar index has fallen as much as the sp500 rose in the last week, ftse rose half of one percent

I put a sell order in for a pacific index tracker last week, it cleared monday and the price has declined since due to chinese inflation fears I think. Not sure how much this affects western markets but america (and a few of our ftse companies )need to grow exports for any benefit of a dollar decline

Lloyds Banking Group, up 10.6 per cent to 93.2p, led the blue-chip gainers after brighter-than-expected guidanceoutshone mixed interim numbers and triggered a short squeeze.
Lloyds management said loan losses should decrease significantly in the second half and was confident that an economic recovery would lift margins next year. “Taken at face value, we believe the guidance would suggest Lloyds will report a profit in 2010,” said Cazenove.
Lloyds’ optimism about UK real estate buoyed property companies, with Land Securities gaining 6.9 per cent to 579p and Hammerson up 5.8 per cent to 374½p.

kittie wrote: »

sabreteeth, I like stan. Used to have the shares and have the sub perp bds now

I bought them at 67p so they have a yield to me of 13.45% in perpetuity. Divi dates are 1/4 and 1/10. They cost 112p now but are still great for a good solid yielder and a great money making machine

http://www.collins-stewart.com/Downloads/FixedInterest/Leading%20Prefs%20&%20PIBS%2029-07-09.pdf

Easy to buy for the sipp. I just rang sippdeal

I think this is them

http://uk.finance.yahoo.com/q?s=STAC.L

[Deleted User]

oops I meant rio tinto and it was a bit tongue in cheek but you never know

tradetime

If the Dollar continues to decline does this make HSBC subprime debt (mostly american based I think) more or less important overall I wonder or maybe it doesnt work like that

It's quite an interesting thought, technically I guess that their US$ denominated loans as a % of other currency denominated operations would shrink Like you I am a little unsure, but it would seem to make sense.

Meanwhile the "Less-bad rally" continues despite the united cries of both fundamental and technical analysts for a correction. The S&P500 is now close to 50% up from the March low. One has to wonder, with an estimated $6 trillion sat on the sidelines, where would we be if this money was forced to take a position?
Certainly one has to figure, that not withstanding any possible as yet unknown shock to the system, that any and all pullbacks will be bought aggressively.
Intraday we have got to within 7 points of my 1014 target. New targets on a breach of this level would be 1048, initial downside support in the 970-960 area on any significant pullback.

tradetime

It is widely expected that the BOE will indicate an end to its policy of quantitative easing at its meeting today, that would be very supportive for Sterling.

JonnyBravo

kittie wrote: »

oops I meant rio tinto and it was a bit tongue in cheek but you never know

Now that would be good.... entirely unlikely, like you say, but funny

:j

bendix

what i'm particularly intrigued about at the moment is the non-performance of the defensives. On days when the market rallies we're seeing next to no movement in them. Look at today. FTSE 100 is up 1% in early trading and almost without exception the defensives like BAT, Imperial Tobacco and the big Pharma stocks are going down. What is that all about?

tradetime

bendix wrote: »

what i'm particularly intrigued about at the moment is the non-performance of the defensives. On days when the market rallies we're seeing next to no movement in them. Look at today. FTSE 100 is up 1% in early trading and almost without exception the defensives like BAT, Imperial Tobacco and the big Pharma stocks are going down. What is that all about?

Sector rotation, the market believes in the recovery, or has no choice, and money is moving from "safe" defensive stocks to more "risky" stocks which would outperform in a bull market.