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Showing content with the highest reputation on 31/08/18 in all areas

  1. 2 points
    It is quite sad, since Reuters has their principles they need to adhere to that mandate objectivity and factual reporting. https://www.thomsonreuters.com/en/about-us/trust-principles.html In 80-90% of cases they report factual reports and unbiased information, but when it comes to certain political events it's as if the editors and reporters on the stories spin flavor and saturate their own views into the story. Quite dangerous since the markets demand objective reporting and not opinion-based reporting as to make rational and critical investment decisions. I've actually thought of writing them an email regarding this issue, due to the larger amount of biased news-reporting I've been seeing lately. https://macaudailytimes.com.mo/files/pdf2017/FT-2894-2017-09-25.pdf It is in the education systems, and if Harvard is affected by this, which classically has been associated to be on the capitalistic side of the spectrum, one starts to see that this paradox is all-encompassing throughout Western-society. The riches they have amassed are indeed created by market structures, and prominent offshore havens to evade 38% corporation tax (Until Trump change that and profit repatriations have started to flow back to the U.S.*). It is thus therefor very ironic, that they are publicly outspoken and prominent champions of leftist ideologies but when it comes to business, refrain to be true capitalists. I often view the left to be a heep of caffé latte sipping drinkers, intellectuals who so to speak read the driver's manual of the car, but never drive the car and get that intuitive experience of knowledge or society. Monopoly on morality is also one of their characteristics, were being lectured on values of right and wrong creates a judgementative atmosphere, that elevates their position akin to a judge. Summarizing it, one starts to understand that they've taken for granted the riches emassed, which is the same thing they so ferociously criticize and despise - the market.
  2. 2 points
    this is interesting. WHitbread had stated earlier in the year they were planning to separate the business. There was talk about floating it asits own business as it was undervalued. I watched WTB at open and it *appeared* as though the shares could briefly be bought around the £40 mark. Which I was scratching my head wondering why there was no premium added to the share price at open. I nearly took at opening position. The shares are trading around £48 now so I am kicking myself for not seeing if I could have bought at the pre marked up price. anyway, it was puzzling. For me this has wider implications about the state of the overall market. That namely being a) there are large deals being done where inherent value is not recognised in a stock's price. b) it gives us an indication perhaps of the attitude of large US suitors who can take advantage of a relative weakness in Sterling vs USD to make deals more affordable. c) it tells how companies are using their cash reserves and broadening their bases. These factors give me encouragement for a share I continue to hold and have written about at length on the forums. I see the effect of Trump-onomics (i made that up, btw) and especially legislation changes and the currency situation making it favourable that a US suitor will pick up WMH at some point (or at least bid for it) I don't want to hijack this thread and discuss WMH though. Same could be said of a number of other UK equities. I know one poster here has called FEVR short on valuation grounds. I agree with their rationale but look what happens when a bid comes out of the blue. Being short can be dangerous in such situations so is one thing to bear in mind. Anyway, talking of takeovers, I am mulling over heading to RBG for a spot of lunch and research to see how a the London sites are faring. This had a bid of 203p last year and is now down to around 118p following the rejection of the offer. Where there's smoke there's usually fire etc. As a closing point it is worth considering (certainly with any collapse or shock in the market) adding stocks like KO (Coca Cola) to a portfolio. It has had a remarkable history and although it divides opinion one thing is clear: the company is here to stay, despite sugar taxes and what-have-you, it is now diversifying into Coffee Chains so is certainly one to buy, in my opinion, if the market sees any correction. These are the sort of buy and hold/pension-type stocks.
  3. 1 point
    https://www.reuters.com/article/us-whitbread-m-a-coca-cola/coca-cola-takes-big-step-into-coffee-with-5-1-billion-costa-deal-idUSKCN1LG0LG
  4. 1 point
    Trump back introduction of tariffs on $200 billion worth of Chinese goods in ongoing trade dispute with China US president also threatens to withdraw the United States from the World Trade Organisation "if they don't shape up", claiming unfair treatment US & Canadian leaders optimistic in reaching revised NAFTA agreement by today's deadline Panasonic are set to move their European base outside of London to mitigate risk going into Brexit Argentinian government raises interest rates to 60% after slump in Peso Gold enters fifth straight month of decline; longest losing streak since 2013 Asian overnight: Yet again we have seen Donald Trump force the agenda on global markets, with his statement that the US could leave the WTO dampening sentiment throughout the overnight session. Losses throughout China, Hong Kong, and Australia were accompanied by marginal gains on the Nikkei and a flat Topix in Japan. The developing focus of late has shifted to Argentina following recent developments in Turkey and Venezuela. Despite the Argentine central bank ramping up rates to 60%, we still saw developing markets suffer, with the Turkish lira, Indonesian rupiah, and Indian rupee all losing ground overnight. Data-wise, the Chinese PMI surveys saw a stronger than expected reading for both the manufacturing and non-manufacturing sectors. However, with a potential $200 billion of US tariffs looming, Chinese traders has little to celebrate. UK, US and Europe: Looking ahead, the eurozone comes into view, with the release of unemployment and inflation data bringing expectations of a rise in euro volatility. The rise in eurozone CPI has seen the reading hit 2.1% last month; the highest level since 2012. Any further upside would no doubt put further pressure on the ECB. In the US, traders will be looking out for the Chicago PMI and Michigan consumer sentiment surveys. Economic calendar - key events and forecast (times in BST) 10am – eurozone unemployment rate (July), inflation (August): unemployment rate forecast to rise to 8.4% from 8.3%, while inflation forecast to be 2% YoY from 2.1%, and core inflation to be 1.2% from 1.1%. Market to watch: EUR crosses 2.45pm – Chicago PMI (August): forecast to fall to 63 from 65.5. Markets to watch: US indices, USD crosses Source: Daily FX Economic Calendar Corporate News, Upgrades and Downgrades John Laing Fund saw a rise in Net asset value to 130p, from 124p in the first six months of 2018. The total return of the fund now stands at 75%; 7.5% on an annualised compound basis. Profit before tax for the six-month period stands came in at £89.0 million compared with £34.7 million the same time last year. The 3.57p per share dividend announced in May 2018 is now joined by a 3.57p per share for the six months to 30 June 2018. Whitbread has agreed to sell Costa Coffee to The Coca-Cola company, in a deal worth £3.9 billion. That price represents 16.4 times the operating earnings of Costa in the 2018 financial year. IAG reinstated as Buy at Citi EasyJet rated new Buy at Citi Ryanair rated new Buy at Citi Lufthansa reinitiated as Sell with Citi IGTV featured video Information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
  5. 1 point
    The London Metal Exchange: LME The LME is one of the last pit traded venues in the world which has escaped the computerisation and digitalisation of the modern world. The iconic image of the 80's with men in brightly coloured suits has all but gone, however the live 'ring' as it's known is still the number one place in the world to trade a number of ferrous, non-ferrous, precious and minor metals. LME participants can trade and take or make delivery of aluminium, copper, tin, nickel, zinc, lead, aluminium alloy and NASAAC, as well as steel and scrap contracts, LME silver and LME gold, and other lesser known metals such as cobalt and molybdenum futures. We recently spent an afternoon at the venue and I managed to take the following video which I thought I would share with Community members. The LME is used for dealers and institutional trading houses who sometimes work on behalf of real world companies such as car manufacturers who need aluminium for delivery. A staggering 80% of the worlds industrial metal prices are set in this room. Everyone tends to wait until the end of the session, so the final few moments can be very exciting! It's only a minute or so long, but you can see the excitement as people can't even stay on their seats around the 30 second mark! Trade LME metals with IG As as exciting as this can be, I still think it's quite good that you can get exposure to all these same assets on the IG dealing dealing platform. Simply check out the Commodities section on the left hand fly out, and scroll to 'Base Metals'. You can also use the 'news' section on the left to search for specific news relating to these markets which may be lesser known to yourself.
  6. 1 point
    I've actually seen the LME live. Quite an interesting experience.
  7. 1 point
    Wondering if we might get a quick trade here Ted Baker (TED) 31/08/2018 BUY TED £22.22 (trading below own historic avergaes and on par with wider market) TGT £33? TED trading on f/c PE of 15.6, whereas historical average of PE 24. Q2 results expected 8th October. STOP under low £20.50, first TGT £26.50, if reached, move stop and target £33..? Expecting this to resolve by end Dec, with direction known by Q2 results. weekly, looking like bottomed-out. 200MA @ £26.65 (tgt1) NOTE: I ALREADY HOLD TED as shown in chart daily, looks like momentum building.
  8. 1 point
    I got stopped out yesterday at the SP500 after going long, I re-entered now. Given the political news oriented around the tariffs, and the positive sentiment on a Canadian deal and solid fundamentals in the U.S. I only trade long, and enter long positions when the VIX shoots higher. DAX and the E.U. is a different beast when it comes to GDP growth versus the U.S. with core inflation at 1%.
  9. 1 point
    Hi @zala, not seen that screen before, the platform seems to be operating as per normal atm, see https://status.ig.com/ for operational status on all the IG platforms
  10. 1 point
    The google shortcut is a useful tip because you instantly get not only the definition but also the current price and line chart;
  11. 1 point
    Dear @NadelinaIG. Guaranteed trailing stops serve the purpose of protecting one's capital in terms of trading on a swing-term basis. It prevents unpredictable market gaps that could erase substantial gains. Options for both trailing-stop-limit orders and guaranteed-trailing-stop-limit orders should exist as it increases the universe of possibilities in terms of executing proper risk management.
  12. 1 point
    Oh god @cryptotradergoing against the grain is a tricky one pal hope it works out trade sensible now! Long term I’m inclined to agree - but what’s their market saturation looking like? That’s the best to check out growth. Side note. Have ya ever had their Madagascan cola and mix with a high quality dark rum? Oh my lord... game changer
  13. 1 point
    Oooh, nice. Like this. Controversial. Let's see how it plays out...
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