Jump to content
Sign in to follow this  

Santa Rally 2017

Recommended Posts

UKX ended up 42.5 points up, or 0.57% today. Next week it will be interesting to see if the gains are sustained.

4.JPG

We also have

DAX up 35.5 pts, 

S&P500 up 22 pts,

DOW up 150 pts,

 

 

Share this post


Link to post

Ahead of the Christmas rally period, during November, I took time to scout out and take positions in a few larger cap stocks (larger market caps than I would normally trade on)

These included

ITV

SBRY

WPP

  • I also have my ‘ghost’ replicated trade in Shire SHP (link) which is detailed within this link Bottom for Shire.

These have generally performed well and in step with the index over this time frame.

 

ITV was bought 22 Nov @ 151p and the gain has been steady but certain. I think there is a prospect here of potential takeover (not least rumors appearing) so may continue to hold into the new year.

itv4hr.JPG

SBRY was bought 12 Dec 2x positions @ 239p and @ 235p this trade is almost flat, with one in-profit trade helping to reduce the other which is slightly in the red. But I am keen to see how the price performs over the next couple of weeks, rather than closing out right now.

sbry.JPG

 

WPP was bought 1290p and has done well, building on the strength overall in the FTSE. What I wanted to point out here was the 52 point spike down on the 14th December (yellow). A tight stop would have been almost certainly triggered, but my trade was not affected.

wpp.JPG

Additionally, I took two daily positions out on the FTSE 100 on Friday 15th. 7,434, and 7,439

I managed to catch these on the bounce of Support 1 (S1) as indicated. From this point the trade was positive and I think this was the commencement of the Christmas rally (I had posted end of day on the 15th, see above) Subsequent days have been strong and I will hold this into the close of the year, I expect. Today has continued the ascent.

ukxrally.JPGDecember has been good, and thanks to those who contributed to this thread. I hope its been prosperous for yourselves, too :)

 

- I should add, hastily, wish everyone on IG Community and Merry Christmas!

Share this post


Link to post

Thank you  Merry Christmas to you too. It has been a great fun month on the community pages and I hope a prosperous one too for everybody. Enjoy. Great pics.

Share this post


Link to post

SBRY now breaking out upwards, as expected. This is a share to run into the third-quarter trading update (and the important Christmas period) on 10th January.

 

-don't forget SBRY now includes Argos, which it bought from HOME.

 

sbry2.JPG

 

Share this post


Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Member Statistics

    • Total Topics
      12,422
    • Total Posts
      63,139
    • Total Members
      83,817
    Newest Member
    Bdabas89
    Joined 18/09/20 23:08
  • Posts

    • I want to believe that, even if we had viruses for many years and we lived with them like nothing happened, this one is killing more people than it should. At least is what reports are saying. That is why countries are forcing lock-downs. Think about that a lock-down is going to extend the furlough policies all over the world again. I don't think a government want to pay that money out to citizens if they don't have to, and companies are going to have to close business for good if we have a second lock-down everywhere. I agree with the statement that we had many corona-viruses before i.e. common flu, but why now governments are taking these draconian measures to force people into a quarantine? If we had the same dangerous viruses always around why are they now locking people at their homes. Did they not care about people before? I think the virus is way more deadly than they tell us and that is why people are not really that scared of it. If we had all the information that is available to professionals we would be really scared and people would lock themselves without waiting any government to tell them. My wife is Chinese and I get their news first hand. They are not reporting what is really happening since the very beginning and it is really hard to trust the Chinese government  on anything related to this virus. They still have the problem there, they keep locking entire cities down for short periods the minute they see anything. It is not reported here in the news but every week they lock people down at their homes.  This virus is really nasty and if locking people down is going to stop it, let's do it. 
    • I agree with 99% of this - the current strain is virtually exact to a strain found in 2012 by a group of Chinese scientists, then when 6 of them died from exposure the virus was sealed and sent to Wuhan I challenged David Icke  to prove the excess deaths were'nt excess deaths, from the info I looked into I'm satisfied the virus is genuine and I'm probably one of the worlds biggest sceptics  From a lock down point of view I'd of thought the perfect place to test out compliance of mass herds would be the USA - hasn't happened strongly enough for me to be concerned but it shown those that could create such circumstances how compliment most people are.  
    • Corona virus has been with us since forever we just never mass tested before. There are no extra deaths this year than any other and it's the same unfortunate types who die of corona virus every year (over 80's with pre-existing conditions 90% of cases). Corona virus is always circulating in the population most people being completely unaware and asymptomatic, herd immunity is built and the virus mutates or dies out. Tests just show you have been exposed to the virus at some stage which could have been months ago and you were most likely asymptomatic. Vaccines don't work for corona virus because they mutate very quickly which is why there is no vaccine for the common cold (a corona virus). And why flu shots don't work very often because they are based on the previous years dominant strain not the current year's (the mass manufacturing would be too late). Covid 19 has already been mutating and the last studies I saw several weeks ago confirmed that as usual a particularly nasty strain becomes less deadly with each new mutation. Another 30,000 people will die next year from respiratory infections as it's the 5 year rolling average (covid 19 or not), weather it'll be covid 19 next year or another strain no one knows but they will keep the covid ball rolling anyway. So all in all it looks like lockdown til the end of time.      
×
×