stockmarkets -are we nearing the bottom or is there further to go ??

redux

It looks like some of yesterday's bargain opportunities have already expired.

When this thread was started 2 years ago, that was also true, as the low point was about mid-Jan.

I did manage to make some buys within 2 days of that low, and they've done ok.

ianthy

redux wrote: »

It looks like some of yesterday's bargain opportunities have already expired.

Yes I agree with your comments ref some of the prices, a few of my buys were on my limit to buy instruction. I completed my first tranche of investments this PM. So feeling rather relived to have some of my SIPP funds invested again.

Drp8713

The trust I bought at open yesterday morning has already covered the dealing fees and stamp duty and is showing a small profit so was happy I went in.

I actually thought my portfolio was back where it was two days ago until I realised its the 7th and the £640 direct debit went in today!

Glen_Clark

QE has turned conventional economics on its head. Nowadays, when companies do well their share price goes down because it might lead to politicians unwinding QE. Don't know the likelyhood of that without inside knowlege. Why do you think fund houses pay so much to hire (ex) politicians.

poppy10_2

I think we are at the bottom now. Brexit sorted and Trump ready for a China trade deal. Time to pile in to the market!

Rheumatoid

poppy10 wrote: »

I think we are at the bottom now. Brexit sorted and Trump ready for a China trade deal. Time to pile in to the market!

And the possibility of Boris or Jacob as PM. Everything looking rosy now. Piling in to UK funds as from yesterday.

elephantrosie

Rheumatoid wrote: »

And the possibility of Boris or Jacob as PM. Everything looking rosy now. Piling in to UK funds as from yesterday.

i would have thought given the uncertainties, the stock market will go down even further...

Glen_Clark

poppy10 wrote: »

Brexit sorted

Really?
Obviously the EU are never going to give us a better deal out than we had when we were in.
So what they offer is a bum deal that is not as good as remaining a member, but still better than leaving without a deal. Politicians pretending they could do better than Theresa May because they want her job.
If we crash out without a deal the pound will fall.
If we have so much as a vote on the deal, raising the possibility of staying in the EU, the pound will rise
Either is still possible.

AnotherJoe

elephantrosie wrote: »

i would have thought given the uncertainties, the stock market will go down even further...

"The" stock market? The entire global market will go down? Why do you think that?

stephenadarglas

Been putting money into BP over the last week or so. Think there'll be a bounce when oil costs eventually go up.