Share tips thread

[FredClogs]

IBM announced big strides in their quantum computer last week, bit if you want to invest in AI I think Google are really the most likely company to actually switch on the robot over lords. Of course once they take control all this economics and financially jiggery poker will become a useless historical artefact, as the entire human race become slaves to their need for electricity. If I were you I'd stock pile guns and canned food for the foreseeable.

[bad company]

Looks like we could be in for a bloodbath tomorrow. I’m going to keep my head down, neither buying nor selling.

[g4ry13]

g4ry13 said:

Alternatively, maybe i'll sit in some cash because I keep thinking we're due a significant drop in the FTSE this year.

I hate being right and not following through on it.

If US doesn't bounce back and continues this move then I think it's time to take my Man Group profit and run. Same as IG Group which I had set an £8 target for and then held for my dividends.

KAZ actually up today but tomorrow is a new day and it could very well be an ugly one.

[twinturboz]

Looks like the most crowded trade in the market blew up. Short vol etfs decimated, possibly game over for those funds.

[NRS]

Ouch!

So, buy the dip... or keep away from a larger long term correction?

[K12beano]

It’s only a flesh wound....

Seems to have contributed to a crash of HL’s site though.

[FredClogs]

I went short on the ftse after Christmas and was beginning to doubt myself last month, I'll close that out at 7000 but it won't do much to cover losses elsewhere on global funds. Without interest rate rises.this will float back by the time the daffodils are out.

[Burwood]

You have to love the experts ‘this is not the start of a correction. In fact, the reaction is because the economy is doing far better than we hoped’.

The media will now start a relentless doom and gloom. Any other macro events and you’ll see a real thumping. Just my opinion. As always, the smart money will pick up some bargains in the coming weeks.

I’m calling down 1,000 today again st some point

[supercommuter]

Taking a bashing over here. Oh dear.

Will just stop looking. No buying or selling for me

[R8Steve]

Picked up some more Tesco this morning at 194.5.

Sold my remaining IG shares and have opened a few shorts on the main markets.

[Legacywr]

Can someone recommend a good broker please?

[Greshamst]

R8Steve said:

Picked up some more Tesco this morning at 194.5.

Sold my remaining IG shares and have opened a few shorts on the main markets.

I'm holding on to IG. They're the ones who make money out of volatility after all

[R8Steve]

Greshamst said:

R8Steve said:

Picked up some more Tesco this morning at 194.5.

Sold my remaining IG shares and have opened a few shorts on the main markets.

I'm holding on to IG. They're the ones who make money out of volatility after all

You could well be right, i bought mine at under £5 though and i don't see a lot of upside from the current price.

I see more upside in Tesco with the Booker merger coming up so have shifted funds into that for now.

[83HP]

R8Steve said:

Picked up some more Tesco this morning at 194.5.

Sold my remaining IG shares and have opened a few shorts on the main markets.

Thanks for the shares

[R8Steve]

83HP said:

R8Steve said:

Picked up some more Tesco this morning at 194.5.

Sold my remaining IG shares and have opened a few shorts on the main markets.

Thanks for the shares

No problem, sold as seen

[Porsche911R]

Legacywr said:

Can someone recommend a good broker please?

No such thing !

[g4ry13]

Greshamst said:

R8Steve said:

Picked up some more Tesco this morning at 194.5.

Sold my remaining IG shares and have opened a few shorts on the main markets.

I'm holding on to IG. They're the ones who make money out of volatility after all

I'm going to hang on to mine but this time if they get to £8 i'm probably going to bail.

If things get uglier i'll exit Man Group. They'll follow the market down and i'm currently sitting on 100% profit so not exactly looking to hand it back.

[Yidwann]

I have about £1000 sat in my S&S ISA to lump into something, I've been looking at Lloyds for a while because it seems solid and pays a good dividend! Just wondering when to hop in, if it hits 64p with all this turmoil might be my buy in point!

Any thoughts welcome!

[bad company]

Yidwann said:

I have about £1000 sat in my S&S ISA to lump into something, I've been looking at Lloyds for a while because it seems solid and pays a good dividend! Just wondering when to hop in, if it hits 64p with all this turmoil might be my buy in point!

Any thoughts welcome!

Nothing wrong with Lloyds as far as I can see. As for timing? I would lick your finger, hold it in the air and jump in when the wind turns. Seriously nobody knows, as the saying goes ‘There won’t be a man ringing a bell to signal the bottom’. I’m in a similar situation with some dividend money to reinvest which I will probably do today.

Edited by bad company on Wednesday 7th February 15:05

[NRS]

NRS said:

Ouch!

So, buy the dip... or keep away from a larger long term correction?

Looks like it was a case of "buy the dip"!