Stock Market

US Crude now heading to $20 a barrel. All who bought into oil related stock this week must be in the black.
It would have taken me over 100 years in a savings account to equal the profit on my oil tip and the week isn’t over yet!
Bitcoin has also doubled in the last few weeks.
 
Can I ask which platform do you invest on? I’ve just opened one with AJ Bell as some of the others minimum deposit was too high. Also where do you research your info as I am looking to get into this as some of these companies are bound to bounce back after lockdown
 
Just so you are aware most these platforms encourage you to trade in CFDs.

They leverage your position by usually between 8-10 times (10 is the norm) so make sure you understand what you are doing and EXACTLY what CFDs are.
 
Sold at just over $19 a barrel ( approx £1200 profit) and now decided to short sell.
My feeling is that there will be another slump as demand is falling. Transport and industry at a low plus the warmer Weather approaching. Could fall below $10 by late Spring and then another rebound.
Anyone want to take a punt, I will keep you posted.
 
When the markets opened this morning at 8.00am UK I sold my entire long term position.

Day trading or similar is fine obviously and I will continue.

However, I think there is a 40-50% correction In the post in the next week or in a max couple of months.

Time will tell, do not take this as any form of financial advise at all - It’s just my opinion - but the VAST majority of my cash is going to watch the markets from the outside for a bit!!!!!
 
I’d like to know what kind of % return a mix of shares and bonds could return in the next couple of years with a low risk attitude ?
 
Brazil said:
Nothing to do with grammar, Scara. It's just a basic, common word that you misspelt. Anyway, keep safe in these very challenging times.
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Incorrect again Brazil, it was a typo, now move along And post something constructive
 
I have been trading the Covid / Pharma stocks. It's a bit wild west and you can easily get sucked in and spat out.
Hemogenyx is an interesting stock mainly due to the fact that they have developed mice with human immune systems (this is a paraphrase of the technology of course). Then it is a battle between the testing companies such as NCYT. GDR etc.
 
I wouldn't touch the stock market with a barge pole. Currently I'd sooner cover my eyes and stick a pin in the grand national line up, some fingers will get burned
 
Just people gambling, I would say. The FTSE has been up and down like a bride's nightie for weeks now, as some people set trends and others blindly follow them.

It clearly has nothing to do with confidence in the economy, or investing in our future. It is just a bunch of speculators making money out of the collective misery of everyone else.
 
basilrobbie said:
Just people gambling, I would say. The FTSE has been up and down like a bride's nightie for weeks now, as some people set trends and others blindly follow them.

It clearly has nothing to do with confidence in the economy, or investing in our future. It is just a bunch of speculators making money out of the collective misery of everyone else.
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Wizaard said:
Gambling
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I reiterate that there is a big fall to come. We are in recession and majority of stocks will fall.
Oil is now at $32 a barrel. I bought back in after taking a small loss on a short when I expected it to fall again .
 
GDR is expecting to rise over the next 2 weeks. Interview with their Chairman on Sky tomorrow.
GDR 165.05p
 
tangerine_neil said:
You Sir, I tip my hat to you.
Hyve Group. Up nearly 500% on the day. 😃👍👍
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Are you sure that is not due to share consolidation? Making 5 shares into 1? I can’t see any immediate upturn in Hyve’s fortunes that would account for a near 5-fold rise in company value to be reflected in the share price.

Investegate |Hyve Group PLC Announcements | Hyve Group PLC: Admission of Paid Rights, Share Consolidation, TVR

Investegate announcements from Hyve Group PLC, Admission of Paid Rights, Share Consolidation, TVR
www.investegate.co.uk
 
Archibald Knox said:
Are you sure that is not due to share consolidation? Making 5 shares into 1? I can’t see any immediate upturn in Hyve’s fortunes that would account for a near 5-fold rise in company value to be reflected in the share price.

Investegate |Hyve Group PLC Announcements | Hyve Group PLC: Admission of Paid Rights, Share Consolidation, TVR

Investegate announcements from Hyve Group PLC, Admission of Paid Rights, Share Consolidation, TVR
www.investegate.co.uk
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Share consolidation and rights issue.
My £100 turned to £600 in my account.

Investegate |Hyve Group PLC Announcements | Hyve Group PLC: Result of General Meeting

Investegate announcements from Hyve Group PLC, Result of General Meeting
www.investegate.co.uk
 
Several of my long term holdings moved in the right direction. Still think they will drop big time and will take years to recover. Could get out now in big profit but I'm going to sit it out for another 10 years.
 
I’m new to buying and selling shares, but somehow made £500 buying and selling hertz...😁...beginners luck I guess...any tips guys, i’ve got some tullow oil at 26p seems ok? ..
 
Killingmesoftly said:
I’m new to buying and selling shares, but somehow made £500 buying and selling hertz...😁...beginners luck I guess...any tips guys, i’ve got some tullow oil at 26p seems ok? ..
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I was on Tullow at 7.5p. 😁
Premier Oil is worth a look.
So is John Menzies, RBS & Barclays.
National Express, on a friend’s recommendation.

This is a decent site:
simplywall.st

Royal Bank of Scotland Group (LSE:RBS) - Share price, News & Analysis - Simply Wall St

Should you invest in Royal Bank of Scotland Group (LSE:RBS)? Proven track record with adequate balance sheet. Last updated 2020/06/05 20:36
simplywall.st simplywall.st
 
There could be a Santa rally with the likes of Next doing well as stores are falling like a pack of cards.
I am going to short sell Tesla in the next few weeks. Over hyped and ridiculously overbought in a frenzy.
 
Well I wouldn’t touch any shares in shops at the moment. Only ones coming out of this well are the likes of B&M which nearly broke into the FTSE100 recently. Then I fear they may go down the same mistaken route of B&Q and open too many big stores too quickly. Travel related stocks will bounce back pretty quickly I imagine.
 
GrahamwantshisOates said:
There could be a Santa rally with the likes of Next doing well as stores are falling like a pack of cards.
I am going to short sell Tesla in the next few weeks. Over hyped and ridiculously overbought in a frenzy.
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There’s often a Santa rally most years.
UK might be a bit different this year. Much depends on the outcome of Brexit talks. They could fly or plummet.
 
GrahamwantshisOates said:
There could be a Santa rally with the likes of Next doing well as stores are falling like a pack of cards.
I am going to short sell Tesla in the next few weeks. Over hyped and ridiculously overbought in a frenzy.
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You are a brave man shorting Tesla with them entering the S&P 500 - which means many institutions HAVE to buy, as well as tracker funds and ETFs.
 
The two biggest winners I have had recently and I intend to hold long term are...

ARKK (Ark Innovation ETF) - This is a fund on the NYSE that is controlled by one hell of a clever woman. They invest in the long term of new tech. They realise that most of there picks will not work big, but the ones that do are MASSIVE and drive the fund. She is seen as one of the best (if not THE best) stock picker on Wall Street.

INRG:xlon (iShares Global Clean Energy ETF) - Does what is says on the tin and does it VERY VERY well....and with recent announcements from Mr Biden, I would hope the performance would continue and probably improve...planning to hold this for a very long time.

I have also bought and sold BT and Rolls Royce quite a lot recently at a decent profit but got out too early.

I have bought and held Lloyds and Shell recently, and I intend to hold for the foreseeable.

I also have a FTSE 100 tracker that I have held since the crash.

I sold my FTSE 250 as I bottled it - what a mistake that was!!!!!

I also trade quite a lot with options where I sell "puts" and "calls" in a trade known as an Iron Condor.
 
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