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Savings and Investments thread
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likely linked to sandgaard being distracted because of his mother passing? Worth a play surelybobmunro said:
4th quarter earnings report was due on Monday but the company postponed its release saying they needed more time.Gary Poole said:
Anyone with greater knowledge of these matters care to speculate why. Could someone with a large holding (TS) have sold a significant number?QatarNapsy said:Zynex shares tanking again today, down 22%
The markets get jittery on that sort of news.1 -
Thanks Bobbobmunro said:
4th quarter earnings report was due on Monday but the company postponed its release saying they needed more time.Gary Poole said:
Anyone with greater knowledge of these matters care to speculate why. Could someone with a large holding (TS) have sold a significant number?QatarNapsy said:Zynex shares tanking again today, down 22%
The markets get jittery on that sort of news.0 -
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GoodQatarNapsy said:Zynex shares tanking again today, down 22%5 -
$9.76 for reference0
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Markets spooked by a small bank in the US being in trouble. Should be "nothing to see here" especially as the UK economy grew 0.3% in January. But......
FTSE down almost 2% and most European markets down 1.5%.0 -
golfaddick said:Markets spooked by a small bank in the US being in trouble. Should be "nothing to see here" especially as the UK economy grew 0.3% in January. But......
FTSE down almost 2% and most European markets down 1.5%.
That's what they said about Lehman Brothers ;-)
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These sharp guys, whose articles I flatter myself to imagine I fully understand, reckon that rationally there is no correlation between SVB and bigger banks, so there *should* be nothing to worry about, but sometimes the irrational fear of contagion takes on a life of its own. Gulp.0
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The big picture is the Humphrey Hawkins testimonies at the start of the week, with Powell re-iterating, for the hard of hearing, "higher rates, for longer" and that he would be guided by data, especially from the services and employment data. We then had two very strong employment numbers on Wednesday and yesterday and the Big One will be at 13:30 today. Then we have US CPI Tuesday.
This is still playing out almost exactly like 1973-74. People always seem to worry about the last crisis but the next one is almost always similar to the one that's not in living memory for most people. If only we had a technique for looking back at history and learning from it ....
We have rising inflation AND rising interest rates and a commodities squeeze. That's classic 1973-74. The next 6 months could be hairy. My position hasn't changed - I have money on the side, picking up some cash from the odd short but am pretty confident that most things I continue to be invested in will be worth much more in 3-5 years.
Given that backdrop, some small regional bank taking a hit could be an over-reaction and an opportunity to buy global banks. FTX is going to take some digesting but so far it's been contained to berks. It could cause another Long Term Capital Management but I'd be amazed if it hit the big banks, given all the work done since 2008. If you see a serious player, the equivalent to BNP Paribas in the Financial Crisis, selling out before it all goes to shit, then worry. Even then, Lehman was 6 months after Paribas.5 - Sponsored links:
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Similar to @WishIdStayedinthePub re interest rates - I watched a webinar yesterday from Waverton & the market prediction for UK interest rates is that they might go up to 4.5%-4.75% (original thinking was 4.25%) before staying there longer than had been anticipated. Thoughts late last year were that they'd start falling 3rd quarter this year & settle around 2.5%-3% by 2025. Now the thinking is 3.5%- 4% by end of 2024.
But reassuringly for @PragueAddick Bonds are recovering, although Waverton like Gov Bonds not Corporates. They have a Global Strategic Government Bond fund that has performances decently over the past couple of years. Actually made money last year which is novel for a Bond fund.5 -
Bill Ackerman is calling for the Fed to guarantee deposit holders and take a warrant in exchange. If the bank really is solvent, the government gets the upside and the run is stopped. Shares suspended 61% in pre-market.PragueAddick said:These sharp guys, whose articles I flatter myself to imagine I fully understand, reckon that rationally there is no correlation between SVB and bigger banks, so there *should* be nothing to worry about, but sometimes the irrational fear of contagion takes on a life of its own. Gulp.
Strong NonFarm Payroll numbers but markets bouncing - all about expectations!1 -
WishIdStayedinthePub said:
Bill Ackerman is calling for the Fed to guarantee deposit holders and take a warrant in exchange. If the bank really is solvent, the government gets the upside and the run is stopped. Shares suspended 61% in pre-market.PragueAddick said:These sharp guys, whose articles I flatter myself to imagine I fully understand, reckon that rationally there is no correlation between SVB and bigger banks, so there *should* be nothing to worry about, but sometimes the irrational fear of contagion takes on a life of its own. Gulp.
Strong NonFarm Payroll numbers but markets bouncing - all about expectations!
If thats what you call a bounce, you can call me a champion high-jumper😉1 -
PragueAddick said:WishIdStayedinthePub said:
Bill Ackerman is calling for the Fed to guarantee deposit holders and take a warrant in exchange. If the bank really is solvent, the government gets the upside and the run is stopped. Shares suspended 61% in pre-market.PragueAddick said:These sharp guys, whose articles I flatter myself to imagine I fully understand, reckon that rationally there is no correlation between SVB and bigger banks, so there *should* be nothing to worry about, but sometimes the irrational fear of contagion takes on a life of its own. Gulp.
Strong NonFarm Payroll numbers but markets bouncing - all about expectations!
If thats what you call a bounce, you can call me a champion high-jumper😉Dick!!!No, no - Dick Fosbury
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One man’s bounce is another’s bloodbath. My stock monitor app is a sea of red. Only P&G, inexplicably is up, but its been clobbered for the last few weeks anyway.0
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Yep, spoke too soon and went to the pub!1
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Is this a good time to remind ourselves of the H2 predictions ...?0
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FTSE100 Level 7,587.00 Name Level Variance % Variance cafc7-6htfc 7600 13 0.17% Morboe 7554 33 0.43% LargeAddick 7647 60 0.79% blackpool72 7650 63 0.83% Addick Addict 7652 65 0.86% guinnessaddick 7658 71 0.94% Salad 7511 76 1.00% CAFCWest 7510 77 1.01% Covered End 7508 79 1.04% Jon_CAFC_ 7675 88 1.16% fat man on a moped 7685 98 1.29% RalphMilne 7689 102 1.34% thecat 7710 123 1.62% Fortune 82nd Minute 7440 147 1.94% IdleHans 7745 158 2.08% Thread Killer 7423 164 2.16% Bangkokaddick 7767 180 2.37% CharltonKerry 7777 190 2.50% Rob7Lee 7785 198 2.61% Daarrrzzettbum 7800 213 2.81% aitchyaddick 7809 222 2.93% golfaddick 7824 237 3.12% wwaddick 7350 237 3.12% StrikerFirmani 7840 253 3.33% valleynick66 7856 269 3.55% PragueAddick 7300 287 3.78% cafcpolo 7893 306 4.03% holyjo 7912 325 4.28% HardyAddick 7913 326 4.30% Redman 7250 337 4.44% TheGhostofTomHovi 7966 379 5.00% @TelMc32 8000 413 5.44% Pedro45 7153 434 5.72% meldrew66 7117 470 6.19% oohaahmortimer 7077 510 6.72% bobmunro 6950 637 8.40% WishIdStayedInThe Pub 6625 962 12.68% Er_Be_Ab_Pl_Wo_Wo_Ch 6500 1087 14.33% 1 -
You seem to be missing my prediction?Rob7Lee said:FTSE100 Level 7,587.00 Name Level Variance % Variance cafc7-6htfc 7600 13 0.17% Morboe 7554 33 0.43% LargeAddick 7647 60 0.79% blackpool72 7650 63 0.83% Addick Addict 7652 65 0.86% guinnessaddick 7658 71 0.94% Salad 7511 76 1.00% CAFCWest 7510 77 1.01% Covered End 7508 79 1.04% Jon_CAFC_ 7675 88 1.16% fat man on a moped 7685 98 1.29% RalphMilne 7689 102 1.34% thecat 7710 123 1.62% Fortune 82nd Minute 7440 147 1.94% IdleHans 7745 158 2.08% Thread Killer 7423 164 2.16% Bangkokaddick 7767 180 2.37% CharltonKerry 7777 190 2.50% Rob7Lee 7785 198 2.61% Daarrrzzettbum 7800 213 2.81% aitchyaddick 7809 222 2.93% golfaddick 7824 237 3.12% wwaddick 7350 237 3.12% StrikerFirmani 7840 253 3.33% valleynick66 7856 269 3.55% PragueAddick 7300 287 3.78% cafcpolo 7893 306 4.03% holyjo 7912 325 4.28% HardyAddick 7913 326 4.30% Redman 7250 337 4.44% TheGhostofTomHovi 7966 379 5.00% @TelMc32 8000 413 5.44% Pedro45 7153 434 5.72% meldrew66 7117 470 6.19% oohaahmortimer 7077 510 6.72% bobmunro 6950 637 8.40% WishIdStayedInThe Pub 6625 962 12.68% Er_Be_Ab_Pl_Wo_Wo_Ch 6500 1087 14.33% 0 -
I didn't have you down, apology if I missed it - what was it?hoof_it_up_to_benty said:
You seem to be missing my prediction?Rob7Lee said:FTSE100 Level 7,587.00 Name Level Variance % Variance cafc7-6htfc 7600 13 0.17% Morboe 7554 33 0.43% LargeAddick 7647 60 0.79% blackpool72 7650 63 0.83% Addick Addict 7652 65 0.86% guinnessaddick 7658 71 0.94% Salad 7511 76 1.00% CAFCWest 7510 77 1.01% Covered End 7508 79 1.04% Jon_CAFC_ 7675 88 1.16% fat man on a moped 7685 98 1.29% RalphMilne 7689 102 1.34% thecat 7710 123 1.62% Fortune 82nd Minute 7440 147 1.94% IdleHans 7745 158 2.08% Thread Killer 7423 164 2.16% Bangkokaddick 7767 180 2.37% CharltonKerry 7777 190 2.50% Rob7Lee 7785 198 2.61% Daarrrzzettbum 7800 213 2.81% aitchyaddick 7809 222 2.93% golfaddick 7824 237 3.12% wwaddick 7350 237 3.12% StrikerFirmani 7840 253 3.33% valleynick66 7856 269 3.55% PragueAddick 7300 287 3.78% cafcpolo 7893 306 4.03% holyjo 7912 325 4.28% HardyAddick 7913 326 4.30% Redman 7250 337 4.44% TheGhostofTomHovi 7966 379 5.00% @TelMc32 8000 413 5.44% Pedro45 7153 434 5.72% meldrew66 7117 470 6.19% oohaahmortimer 7077 510 6.72% bobmunro 6950 637 8.40% WishIdStayedInThe Pub 6625 962 12.68% Er_Be_Ab_Pl_Wo_Wo_Ch 6500 1087 14.33% 0 - Sponsored links:
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hoof_it_up_to_benty said:7675 for me...
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Forgot me. Mine was 7587 😉2
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See how all the sub 7700's appear once the index falls a few %. 😄
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@WishIdStayedinthePub how do you see this? A dip or something a bit more long-term?0
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trading on quite a few banks halted. This could get messy.
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Medium term, I'm afraid. The analysts I follow have been right about this market for months, even the rallies, and they've been promising this would happen somehow and sometime. CPI tomorrow could give a big relief rally. Or it could be the final kick in the bollocks.PragueAddick said:@WishIdStayedinthePub how do you see this? A dip or something a bit more long-term?
Either way, sooner or later, people are going to extrapolate all this debt and conclude the recession really is coming this time. House and car markets in the US are deteriorating rapidly.
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Blimy, this is not looking good, a sea of red the last couple days. So SVB is followed by Signature Bank is there more to come.
Those who no more than me, can you explain why this hitting the FTSE so hard, and especially financials. Lloyds is almost 100% Uk retail based, so why are their shares plummeting. Surely they are not likely to be exposed to either of these banks and or their account holding customers….. ?0 -
Think investors are anticipating higher costs/lower profitability coming down the pipe for all global banks as a result of the issues in the US (eg higher capital requirements just like post-2008).RaplhMilne said:Blimy, this is not looking good, a sea of red the last couple days. So SVB is followed by Signature Bank is there more to come.
Those who no more than me, can you explain why this hitting the FTSE so hard, and especially financials. Lloyds is almost 100% Uk retail based, so why are their shares plummeting. Surely they are not likely to be exposed to either of these banks and or their account holding customers….. ?0 -
ftse down but nasdaq and S&P looking decent.
Bitcoin looking good today too.0
