Crystal ball on Barclays shares

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I was delighted to see there was a bit of a jump up for BARC today. I would love to see this match where is was a year back but I know that's very unlikely. But does anyone have any ideas whether the market in general will continue to climb over the next couple of weeks and BARC in particular?
Now I know this is a completely crystal ball type of question in some ways. But the more astute amongst you will no doubt no whether it's normal for things to be snakes or ladders the first of a new year, whether there's any big planned political event in the next couple of weeks that might skew things, or something else.....
Yes I know I shouldn't rely on the kindness of strangers but I'm in a muddled headspace currently (cold/flu/work) and needing to make decisions on a large (for me) assortment of shares and options with BARC by the end of the month. Obviously I want to max my profits as I had been counting on some of this as living expenses until more of my pensions kick in. It's only BARC that I currently hold and will be perfectly happy to move away from it if the price is right. On the other hand I don't want to make the same mistake of a year back when the share price was climbing and I held on to a share option waiting for it to hit £2.20 only for it to drop over a cliff edge.
Now I know this is a completely crystal ball type of question in some ways. But the more astute amongst you will no doubt no whether it's normal for things to be snakes or ladders the first of a new year, whether there's any big planned political event in the next couple of weeks that might skew things, or something else.....
Yes I know I shouldn't rely on the kindness of strangers but I'm in a muddled headspace currently (cold/flu/work) and needing to make decisions on a large (for me) assortment of shares and options with BARC by the end of the month. Obviously I want to max my profits as I had been counting on some of this as living expenses until more of my pensions kick in. It's only BARC that I currently hold and will be perfectly happy to move away from it if the price is right. On the other hand I don't want to make the same mistake of a year back when the share price was climbing and I held on to a share option waiting for it to hit £2.20 only for it to drop over a cliff edge.
"Never retract, never explain, never apologise; get things done and let them howl.”
2023 £1 a day £54.26/365
2023 £1 a day £54.26/365
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sorry but what's DCAs mean?
Is it relevant if I'm only interested in selling (or not) rather than buying?
2023 £1 a day £54.26/365
https://www.capitalgroup.com/pcs/insights/articles/benefits of dollar cost averaging spring 2020.html A simple approach can help limit the downside during a bear market
https://www.fool.com/investing/stock market/basics/dollar cost averaging/ Generally speaking, dollar cost averaging works best in bear markets and with securities that have dramatic price swings up and down. It is those times, and those types of investments, where reducing investor anxiety and fear of missing out tend to be the most important.
https://www.investors.com/etfs and funds/mutual funds/dollar cost averaging is good for a falling market/ Dollar Cost Averaging Good In A Falling Market JULIE MAK
I too was very upset that the price fell from 2.20 but I think its to do with a few issues from a years ago that are catching up. (Over issuance of securities)
I think it'll take the rest or the year or even longer for the price to recover. As much as I'd love to see it hit £2+ by November, I think I'm being too optimistic.
Interesting dilemma. I don't think anyone can truly say for the short term lens which is what you're concern is.
I am long on Barclays and happy with the peaks and troughs that will occur as not planning to sell anytime soon...
You make a good observation around no political hiccups due in the coming weeks, however, let's remember 2020 when the year started rosy and within weeks the market was in turmoil. There is a rumour of another variant and if that sentiment increases, then it'll likely have a knock on affect to the SP. From a government perspective, I think rishi is trying to keep stability at the fore which the banks and investors are dovish on, so I think this will favour BARC and the other UK banks in the next few weeks.
If you're looking for a rogue punt (which it sounds like you are), then I'd say hold to mid Jan on the basis of it teasing 17/18???....
Good luck and check back in a few weeks to see where the SP got to!
https://home.barclays/investor-relations/reports-and-events/financial-calendar/
DCA (Dollar Cost averaging) - I assume that this is the priniciple with regular investing. In my case it's in part a sharepurchase scheme with the added benefit of effectively buying throughout at half the market price so I'm good there. If only I had a few £100k to be throwing at the market.....my life isn't on that scale!
@egroeg1980 & @wmb194
Thanks for the simple English. Obviously wait and see is the only option to find out what the future holds. In the meantime any clue when the next dividend dates are? Can't seem to find anything anywhere but I expect that's just general brain fog blinding me. I haven't managed to look through all the links posters have given me so likely it's there some place.
2023 £1 a day £54.26/365
There's clearly value in BARC and l suspect the market is waiting for the final results. They messed up big time with the selling of unregistered securities, so lost investor confidence, hence IMHO the reason the shares are trading at a low valuation amongst it's peers.
An increase in dividend and a buyback would be pleasing.
Checkout DividendMax website. The free interface allows you to simply plug in your chosen stock and it will give you a nice simple summary of the looming Div dates, plus a calculator that tells you last and next payment.
There is a paid service with DividendMax, but you dont need it to simply scope out BARC and the most immediate dates to be concerned with.
PS: 1.2% increase today on the SharePrice, I am considering dumping my holding today and scrape the profit short-term. The SP has risen steadily since the beginning of the new year (7% this week alone).