Share tips thread (Vol 2)

[Burwood]

Earnings Reports . Swings

[bmwmike]

guindilias said:

My watchlist (70% tech, 30 other, no crypto) is ALL in pretty deep red at the minute. It's done that before and recovered within a couple of days, but it just might not, this time...

I sold all my amazon after selling half at $2005 and then buying back, prematurely with hindsight, at $1935. I then sold everything a few days later (yesterday) at ~$1835. Been thinking of getting out since 100% rise in past 12 months is not likely to be repeated in next 12m, and if they are 2000 dollars per share with 1tn valuation honestly how much upside could there be?

Got a nice little pot of gbp waiting to see what happens with tech and hopefully buy back bigger on the dip. Just need to figure out where that is.

Still in ADP, Google, MSFT, and probably a couple of other tech stocks plus global technology and nasdaq funds all of which are down at the moment of course.

I can't see how tech isn't a good long term bet, unless it invents some technology which basically makes itself redundant (AI!).

[Kingdom35]

Been away from this all for a week, switched off mode....what the h*ll has happened?

Ive gone from around 10% up on my funds to now breaking even.
Funds in - Fundsmith, Lindsell Train, Baille Gifford Discovery, Vangaurd, Monks and Scottish Mortgage.

Also shares in Tern, Genel, BZM (may fk up), Mysq and Nanoco....market has gone.

Anyone in the know?

[bmwmike]

We've been trumped, as far as I can tell. Jitters due to the trade war handbags. Increasing yields on 10yr bonds means safer money than stocks. I don't see red, I see for-sale signs everywhere.. said someone

[FredClogs]

Yep... The rise in us interest rates won't just make bond yields more attractive it harms the bottom line for many companies who have debt burdens.

Add to that the strengthening dollar has spent the last 6 month crushing emerging markets which are now looking great value vs over blown US stocks, with uncertainty in EU and UK I hope we'll see a bounce now in emerging markets as cash in hand of investors after sell off and the strong dollar starts buying emerging markets again.

Hope.

[Burwood]

bmwmike said:

We've been trumped, as far as I can tell. Jitters due to the trade war handbags. Increasing yields on 10yr bonds means safer money than stocks. I don't see red, I see for-sale signs everywhere.. said someone

Agreed. This onto of already high PE's. A correction on many is long over due.

[guindilias]

FredClogs said:

My advice would be to stay in bed for the rest of this week, preferably with a valium.

Very tempting - a box of Valium and a case of whiskey!

[joema]

Taken a bit of a battering but most of mine are all small cap AIM with assets to be realised. Going to hold long term.

[Kingdom35]

Tempted to cash out all my Funds and wait...mind I'm in for long term so probably best I wait. May keep investing in Fundsmith...the guys a machine

[K12beano]

Soggy Bottom

[emicen]

emicen said:

BP nudging £6 today, can’t help but feel that’s a peak and will fall back. Giving serious thought to cashing in, it’s been a good run, up just shy of 90%

emicen said:

I decided to stay in. Rationale being there’s a likely oil price spike with the Iran sanctions coming, but there is more capacity coming on stream in 2019 and the risk of the ongoing trade spat tempering demand.

Still expect to be out by the end of the year though.

...and down a total of 7% as of today :whyistherenofacepalmsmilie:

[bmwmike]

Bp were mid 400 12m ago so they are still comparatively high even now.

Edited by bmwmike on Thursday 11th October 16:08

[Ridealong]

Has anyone brought any Cannabis stock?

https://www.bloomberg.com/news/articles/2018-10-15...

[supercommuter]

it is carnage out there. resisting the urge to even log in and look

[Busterhighmen]

Ridealong said:

Has anyone brought any Cannabis stock?

https://www.bloomberg.com/news/articles/2018-10-15...

Can't see anything but a market correction on most the cannabis stocks. All seem way over priced until the US legalise nationwide.

[emicen]

Stocks down just shy of 10% and pension funds down just shy of 7.5%, from 1st October.

Pension wise, it’s not the biggest dip this year, but it isn’t pleasant viewing!

[bmwmike]

I top sliced to build a bit of a cash pot and sold amazon completely (would like to buy back in at some point though). UK jobs and payroll data today could improve GBP which might amplify the USD stock falls from our perspective, make them a bit cheaper.. hoping.

[ATM]

I'm trying to decide between ZIOC and Motif today. Sold one of my cars and want to invest before I spend it.

[Kingdom35]

I'm in Zioc has huge potential. But its pretty low value at the moment compared to a few months back. Almost 50% down.

I don't know much about Motif

What are peoples plans with Brexit looming? Waiting for UK shares to decline then get in when theyre at there lowest?

[emicen]

Kingdom35 said:

I'm in Zioc has huge potential. But its pretty low value at the moment compared to a few months back. Almost 50% down.

I don't know much about Motif

What are peoples plans with Brexit looming? Waiting for UK shares to decline then get in when theyre at there lowest?

I’m fully aware of the time in the market beats timing argument, and indeed evidence. However, I’ve just sold my flat and some (not all) of the equity will be going in to shares, but not until post Brexit.

I just can’t convince myself there’s not going to be a global shock off this one.