Is the stock market over heating?

sabretoothtigger

Its not going straight down most likely, hope you have something better to use it on

N1AK

I'm not overly worried about the stock market performance at the moment. We've seen interest increase in recent years due to poor interest rates but there's very little confidence in the market and I think prices account for that.

The performance of many indices seemed too good and a correction now may actually help the markets.

srcandas

It's an odd one. Asia seems to be in a world of it's own. I get the feeling the US would like to be bullish but they really are not sure if they want that to happen as a result of good news (less unemployment) or bad news (keep those presses rolling)

And London is happy to bob along a bit and wait and see

But there are now divi paying shares sitting on 10%+ drops. Tempting .

But still no world issues have been resolved :eek:

And Jabba is 90% cash and others are still in up to their necks. What fun this all is :beer:

Thrugelmir

srcandas wrote: »

But there are now divi paying shares sitting on 10%+ drops. Tempting .

What stocks have caught your eye?

srcandas

Thrugelmir wrote: »

What stocks have caught your eye?

Well I'm looking at NatGrid (Flock's favourite). Good divi.
And I'm going to have a bigger nibble at Aberdeen.
I have a feeling for BP but I can't decide why. Take over possibly? But consistent div.
BHP Billiton seem way over sold (yup tough sector but I just see the big guys surviving longer term).
And Tesco at below 3.40 I have a sneaky for countered with a few Sainsburys (not that they have dropped much).

But I think there could be more down yet. I'll wait for Flock's dog's forecast tomorrow morning before I jump in

A_Flock_Of_Sheep

srcandas wrote: »

Well I'm looking at NatGrid (Flock's favourite). Good divi.
And I'm going to have a bigger nibble at Aberdeen.
I have a feeling for BP but I can't decide why. Take over possibly? But consistent div.
BHP Billiton seem way over sold (yup tough sector but I just see the big guys surviving longer term).
And Tesco at below 3.40 I have a sneaky for countered with a few Sainsburys (not that they have dropped much).

But I think there could be more down yet. I'll wait for Flock's dog's forecast tomorrow morning before I jump in

I have National Grid yes. Have held them since February and got some recently when the price dropped. Over 5% yield but the share price is falling. Not sure why.

My first ever share purchase was EasyJet which I got late November. Not much of a dividend on those. Other than that I now have one fund and a wadge of un invested cash in the holding part.

Thrugelmir

srcandas wrote: »

I have a feeling for BP but I can't decide why. Take over possibly? But consistent div.

My concern over BP is the as yet totally unresolved impact of Deepwater Horizon.

A_Flock_Of_Sheep

Thrugelmir wrote: »

My concern over BP is the as yet totally unresolved impact of Deepwater Horizon.

My sheepdog feels that BP are a cause to be avoided at present. I in fact sold a fund primarily on the basis that BP were high up in the top ten list of shares. It might not have been smart investing and im a noooob but I have a feeling about BP.

MoneySaverLog

Divi is due with NG, hence the price drop. Also movement out of the utilities sector as a whole. Still bargains to be had with the share price and so I'll continue buying up at the low price in my SIP each month.

http://uk.finance.yahoo.com/news/blue-chip-dividend-bargains-national-122900089.html

srcandas

Thrugelmir wrote: »

My concern over BP is the as yet totally unresolved impact of Deepwater Horizon.

Yes it is a concern but it could work in the share price's favour if there was a positive assessment at some point. For sure some claims are invented and exaggerated - but of course they should pay their dues. But throughout the price has held up fairly well considering what they did. And apart from a short gap the divi gets paid.

Perhaps I should look at Shell.

Maybe Greece will hit the headlines "Anti EU party leads opinion polls" - that should do it, and give us yet a further 5% downside and even more bargains

ps Hope you've fed the doggie Flock???