UK Stockmarket 2009 and beyond

tonygee_3

Big drops today,is this the turning point??

uk_steve

be lovely if it is Tony

well for me hopefully

sabretoothtigger

Ex-divs to take 9.65 points off FTSE 100 on Aug 19

Mon Aug 17, 2009 5:28am EDT


LONDON Aug 17 (Reuters) - The following FTSE 100 .FTSE
companies will go ex-dividend on Wednesday, after which
investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices,
the effect would be to take 9.65 points off the index.
COMPANY (RIC) DIVIDEND INDEX IMPACT (pence) (points)
British American Tobacco (BATS.L) 27.90 2.19
Hammerson (HMSO.L) 6.95 0.20
HSBC (HSBA.L) 8.00 (US cents) 3.24
Pearson (PSON.L) 12.20 0.40
Prudential (PRU.L) 6.29 0.62
SABMiller (SAB.L) 25.46 1.18
Scot. & Southern Energy (SSE.L) 46.20 1.70
Thomson Reuters (TRIL.L) 28.00 (US cents) 0.12


FTSE 250 .FTMC companies going ex-dividend include:
Ashtead Group (AHT.L) 1.68
Brewin Dolphin (BRW.L) 3.55
PZ Cussons (PZC.L) 4.09
Segro (SGRO.L) 4.60
Ultra Electronics <ULE.L 9.60

Stock I was watching acted strongly today even if it fell.

Im not convinced the usa market will actually close 2% down, ftse end was the low point on friday also. Bottom line is Japan still loves usa it seems, where else are they going to go with their money








Today could have been a good day to buy basically at least short term but Im thinking more about asia and if they could shift things on a bit for a negative week close.

On a longer term view my old pacific tracker made (last week) a new high (slightly) for the year thanks to Australia I think, it'll fall back I think but they have underlying strength I reckon so hope to buy in sooner rather then later before they go ex-div, my master strategy :laugh:


http://www.bloomberg.com/apps/news?pid=20601087&sid=afj.QhmwZwZI

#
for those who missed it-my thoughts on the brilliant and bullish FOMC statement http://perceptionisreality.kanundrum.com/ $spy $$

Ticker: SPY




#
$SDS 47.71 recent high set on open of Aug 1..now acting as intraday resistance.

Ticker: SDS

tradetime

Sharp move down today. Start of the long awaited correction? Perhaps.
S&P500 closed below it 20 day sma, and at the 25% retrace of the move from the early July low. There is small support in the 970 area, but we should see more credible support come in in the 955 - 960 area, this encompasses the breakout above the famous H&S pattern, together with the rising 50day sma currently rising from the 945 level, and a rising primary trendline extending from the March low, and finally the 38% retrace of this move up at 961.
Volume today despite the selloff remained light, and likely will stay that way until after the Labor day holiday, which will mark the return of the big guns from their holidays, most of the move was in the open and the market spent the rest of the day grinding sideways in about a 5 point range

sabretoothtigger

It was a very flat market today, like it was waiting for asia maybe







Dollar investors in this Britain ETF did better since march then people here investing in a china etf, xx25. Currency favoured that trade
http://www.etftrends.com/2009/08/britains-etf-weighs-good-with-bad.html

sabretoothtigger

China, HK & bombay all managed a nice rise. Australia, korea & Japan were flat. Taiwan fell

After yesterdays usa close I thought we might be negative but seems asia has given us the lead this week

Since I hold commodity shares I added sgg and uso to have more an idea on sugar and oil futures. copa.l is copper


Eur/JPY is up 0.8% so we can see if that is accurate for a positive usa open at all


Discussion of Fres which Ive been watching, it bounced very sharply off 530 and held this for a gain yesterday. Its strong but the bigger picture should knock it off its perch at some point for an opportunity I reckon

Fresnillo argues that the twin drivers — fundamental demand from industry and speculative investment by hoarders — will keep silver’s price buoyant over the next year. However, a glance at the price shows that it has decoupled from gold and in recent months has been more influenced by base metals. If you believe industrial recovery is imminent, Fresnillo is a good bet. If not, wait for weakness, says the Times.

sabretoothtigger

This looks usefull to have, an online calculator for any stock's daily support pivot and resistance levels

http://pitrading.com/pivot_points.htm


I'll post up Ftse and GSPC (sp500) and revise this post at 9pm to see if this is of any practical use for short term trading though it also will consider weekly or monthly so its worth trying any stock held I think




I marked resistance1 and the pivot on this chart, the other numbers werent relevant today.
No huge significance can be drawn except I think the pivot is pretty much correct, we see the steepest gradient (momentum) here as the charts line passes over 985 and it did show a positive day once this had been surpassed.

This is just another tool to consider confidence basically , some experience is required to make use of it I think

uk_steve

been a quite time for me buying new stocks in the last 5 days

nothing hitting my targets i would like to buy


how is everybody else getting on?


:cool:

cloud_dog

Anyone else 'climbing the wall of worry'????

Despite only being 50% invested for the last three(ish) months my portfolio now exceeds the high set last June(ish).

Logic dictates that the strength we've see recently must(?) reduce at some point.

This is where the psychology of investing comes to the fore; I am currently torn between increasing my exposure and liquidating completely - not a good place to be in.

sabretoothtigger

Logic dictates that the strength we've see recently must(?) reduce at some point.

Not always because some companies achieve parabolic growth. Its not normal but Ive made mistakes selling too early, sometimes its justified. Barclays lehmans was a recent rough example
But for an entire index or country I really cant see the western massive government bailout type economics matching up to rapid growth, I dont buy the V shape recovery argument and alot of the share graphs look this way.
50% sounds ok to me tbh, I dont really support selling everything

So which way to go is personal choice but some companies deserve the price and others dont, all of them will probably fall at some point but I hope I have guts to hold the ones with solid fundamentals, being on the side of commoditys seems obvious rather then companies which rely on manipulation of them.

nothing hitting my targets i would like to buy

united utilities is at a 12 month low according to this stock screener thingy

http://www.sharecrazy.com/share2607share/share.php?disp=low&epic=SL

Not sure if that makes them cheap enough to buy. In general however I pretty much think its better to wait also, why gamble when you could get a better price later and call it an investment




I dont see anything especially cheap exactly but might make more sense to move money sideways, rebalance from profits to any potentials spotted



http://www.kirkreport.com/09/sp_8_18_09x.gif

[B]Rexam[/B]
  2009 
Record Date for the Rights Issue 5.00pm on 23 July 

Announcement of the Rights Issue 29 July 

Despatch of Provisional Allotment Letters (to Qualifying non-CREST Shareholders only)(1) 29 July 

Admission and commencement of dealings in the Nil Paid Rights on the London Stock Exchange 8.00am on 30 July 

Shares marked 'ex-rights' by the London Stock Exchange 8.00am on 30 July 

Stock accounts credited with Nil Paid Rights (for Qualifying CREST Shareholders only)(1) 30 July 

Nil Paid Rights and Fully Paid Rights enabled in CREST by 8.00am on 30 July 

Recommended latest time and date for requesting withdrawal of Nil Paid Rights from CREST (ie if your Nil Paid Rights are in CREST and you wish to convert them into certificated form) 4.30pm on 12 August 

Latest time and date for depositing renounced Provisional Allotment Letters, nil paid, into CREST or for dematerialising Nil Paid Rights into a CREST stock account 3.00pm on 13 August 

Latest time and date for splitting Provisional Allotment Letters, nil paid 3.00pm on 14 August 

Latest time and date for acceptance and payment in full 11.00am on 18 August 

Results of Rights Issue to be announced by 8.00am on 19 August 

Commencement of dealing in Rights Issue Shares fully paid 8.00am on 19 August 

Rights Issue Shares credited to CREST stock accounts 8.00am on 19 August 

Despatch of definitive share certificates for Rights Issue Shares in certificated form by no later than 26 August 

Despatch of sale of rights cheques by no later than 26 August