Irrational Markets

Alexland

Sea_Shell said:

I find that with Fidelity, today's gains won't be reflected until after 4.45pm tomorrow.
This afternoon might still reflect Friday's slight reductions!

Yes some of my funds have a noticeable lag too. The worst are the trackers in my workplace pension where the unit prices seem to lag big movements by about 2 working days - yet I can place a switch order in the morning that will complete in the afternoon. I am pretty confident that could be used in a way that wouldn't be ethical.

Hopingforthesimplelife

Sea_Shell said: 

Alexland said:

I can't wait to get into iWeb to see my fund won't have updated yet....

I find that with Fidelity, today's gains won't be reflected until after 4.45pm tomorrow.

This afternoon might still reflect Friday's slight reductions!

Yep this is true for me having just logged in to note a daily loss

cloud_dog

Thrugelmir said:

Took the opportunity to top slice some individual holdings today. Jarvis was spot on, no delays. 
Easy to spot busy trading days as the contract notes take far longer to be emailed. 

Just tried to execute a sell on SSON and they aren't accepting real-time trades (on this stock), and request you execute a limit order.

Thrugelmir

cloud_dog said:

Thrugelmir said:

Took the opportunity to top slice some individual holdings today. Jarvis was spot on, no delays. 
Easy to spot busy trading days as the contract notes take far longer to be emailed. 

Just tried to execute a sell on SSON and they aren't accepting real-time trades (on this stock), and request you execute a limit order.

That will down to their market makers not quoting live prices. Easier to trade individual company shares in volatile markets than IT's 

itwasntme001

Alexland said:

I only rebalanced towards the end of last week from the post-election rally and it's going crazy again on this vaccine news. While I am generally pleased (although it seems likely there will be a pull back from these new highs) it does make me uncomfortable with how much is accumulating in the kids Junior ISAs. I have already sold them down to cash a couple of times when the market looked too good to be true and my 4 year old has made an overall 45% gain so far from reinvesting on lows and reached the valuation that I wasn't expecting him to reach until he was 18.

Similar to me as well.  Most of what I sold is actually needed for a house purchase so it was kind of naughty of me to have it invested in risky assets as could have easily turned out bad.  The rest in hindsight I should have waited to sell but no one can predict these things and the point of rebalancing is to stick to the rules otherwise you really are market timing and taking unnecessary risk.

With regards to the market moves, it seems some tech stocks are falling but perhaps not nearly as much as they should.  I suppose low interest rates + QE + massive fiscal stimulus + a serious prospect of COVID ending with a vaccine = bullish overall for markets.  I do wonder when the various stimulus programs will end (they will have to at some point) and what the impact that will have on risk assets as well as interest rates....

cloud_dog

Unfortunately, AJB, iWeb sites are crashing.  Still, useful information.

quirkydeptless

cloud_dog said:

Unfortunately, AJB, iWeb sites are crashing.  Still, useful information.

HL site struggling too.

Too much panic buying 

coastline

All good news I hope for the future. Many investors having the same problems. Just shows you what happens with huge daily moves. We have the latest technology and the website goes down. I can remember telephone dealing and in these situations they didn't even answer the phone. 
https://moneyforums.citywire.co.uk/yaf_postst10488_Which-platforms-down.aspx

itwasntme001

coastline said:

All good news I hope for the future. Many investors having the same problems. Just shows you what happens with huge daily moves. We have the latest technology and the website goes down. I can remember telephone dealing and in these situations they didn't even answer the phone. 
https://moneyforums.citywire.co.uk/yaf_postst10488_Which-platforms-down.aspx

I wonder if the spike in demand is from these retail investors wanting to panic buy or panic sell.  Probably the former given the moves.  Just some evidence suggesting why retail investors on average under-perform a market tracker over time.

Thrugelmir

coastline said:

 Just shows you what happens with huge daily moves. We have the latest technology and the website goes down.

No worse than getting tickets for Glastonbury. The difference being that the markets will be open tomorrow as normal. What's the rush? 

Not a good day to be holding gold mining shares. Wondered why it was so quiet on the forum. .