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Thrugelmir
Posted: 25 July 2024 12:44:39(UTC)
#2367

Joined: 01/06/2012(UTC)
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L.P.;313093 wrote:

I don’t really take any notice of the daily moves Johan. Just observe the bulls**t that comes out of the market commentators mouths. Last week it was about the great move from tech to small caps as the reason for the Nasdaq falling when really, they don’t have a clue and history (and yesterday) shows that they never have.



To follow the broader markets. The NYSE Composite, Russell 1000 / 2000 / 3000 provide a more balanced picture of US listed companies. Comparable to the FTSE All Share etc etc. Fully weighted by market capitalisation no tweaking.

The rotatation from Tech to Small Caps was based on market trades in particular stocks. Russell Small Cap Index rising 8% in a week recently. The Nasdaq actually remained virtually unchanged over the same period.

Yesterday the SP500 fell. However both Utility and Healthcare sectors overall make sizable gains. What really matters is what's happening beneath the surface.
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Johan De Silva on 25/07/2024(UTC), Sheerman on 25/07/2024(UTC)
Big boy
Posted: 25 July 2024 14:55:34(UTC)
#2368

Joined: 20/01/2015(UTC)
Posts: 6,673
Thrugelmir;313187 wrote:
L.P.;313093 wrote:

I don’t really take any notice of the daily moves Johan. Just observe the bulls**t that comes out of the market commentators mouths. Last week it was about the great move from tech to small caps as the reason for the Nasdaq falling when really, they don’t have a clue and history (and yesterday) shows that they never have.



To follow the broader markets. The NYSE Composite, Russell 1000 / 2000 / 3000 provide a more balanced picture of US listed companies. Comparable to the FTSE All Share etc etc. Fully weighted by market capitalisation no tweaking.

The rotatation from Tech to Small Caps was based on market trades in particular stocks. Russell Small Cap Index rising 8% in a week recently. The Nasdaq actually remained virtually unchanged over the same period.

Yesterday the SP500 fell. However both Utility and Healthcare sectors overall make sizable gains. What really matters is what's happening beneath the surface.


'whats happening beneath the surface". in order to add some sort of value we need to compare your thoughts with all the Global Investors to see if markets are undervalued or overvalued by the Global Investors. The supply/demand for stocks will hopefully give us a head start using your information. Presumably you don't use commentators for your leads as these leads are used by the Global Investors I assume... A list of buys and sells would be excellent as a start. Many thanks...
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lindsay Morrison2
Posted: 25 July 2024 15:07:42(UTC)
#2377

Joined: 22/02/2017(UTC)
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Newbie;313180 wrote:
lindsay Morrison2;313167 wrote:
I had virtually eliminated US holdings so decided the PSH reaction was outsized and have added modest chunk, sold CLDN to fund purchase.

Interesting move.
Is this a short term trade or long term play ?
CLDN is also on a large discount and holding up pretty well of late (I have been waiting for a pull back)
I too topped up PSH on a 9% fall.


@Newbie Hi - Two parts to decision 1/ CLDN was and still is my largest holding but had got a bit oversized as I loaded up before last ex div and it has moved nicely so was getting close to 2x next holding so risk management police told me I needed to action, 2/ I had been selling ATT all the way up so US allocation had pretty much been eliminated bar long term PSH holding but it was not a full position. So CLDN was up today and with PSH down 8.5% I decided good time to re position, the PSH reaction seems overstated based on the actual news reports I read and the relative impact on PSH - time will tell but in Swifty and Ga Ga I trust!! So it is primarily a long term play in drawdown account but did add a few in GIA account to see if I could make a turn and bank my capital return for the year (up 1.09% as I type)! If it drops tomorrow I will see as opportunity to add more - I will not loose sleep on this one.
Cheers
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Newbie on 25/07/2024(UTC), Auric on 25/07/2024(UTC)
Thrugelmir
Posted: 25 July 2024 15:19:01(UTC)
#2369

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Big boy;313205 wrote:
Thrugelmir;313187 wrote:
L.P.;313093 wrote:

I don’t really take any notice of the daily moves Johan. Just observe the bulls**t that comes out of the market commentators mouths. Last week it was about the great move from tech to small caps as the reason for the Nasdaq falling when really, they don’t have a clue and history (and yesterday) shows that they never have.



To follow the broader markets. The NYSE Composite, Russell 1000 / 2000 / 3000 provide a more balanced picture of US listed companies. Comparable to the FTSE All Share etc etc. Fully weighted by market capitalisation no tweaking.

The rotatation from Tech to Small Caps was based on market trades in particular stocks. Russell Small Cap Index rising 8% in a week recently. The Nasdaq actually remained virtually unchanged over the same period.

Yesterday the SP500 fell. However both Utility and Healthcare sectors overall make sizable gains. What really matters is what's happening beneath the surface.


'whats happening beneath the surface". in order to add some sort of value we need to compare your thoughts with all the Global Investors to see if markets are undervalued or overvalued by the Global Investors. The supply/demand for stocks will hopefully give us a head start using your information. Presumably you don't use commentators for your leads as these leads are used by the Global Investors I assume... A list of buys and sells would be excellent as a start. Many thanks...



Tell us what exactly was your role on the City back in the 60's and 70's? I'm intrigued. As you waffle endlessly without actually saying much. Every other post seems to refer to " Global Investors". As for 'whats happening beneath the surface" simply a reference to the fact that overall daily market movements hide a multitude of different individual pricing events. One should not read anything into just the headlines. When it's far from being a sea of red.
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Big boy on 25/07/2024(UTC)
Tony Peterson
Posted: 25 July 2024 15:23:15(UTC)
#2378

Joined: 10/08/2009(UTC)
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Since the new shares purchased in last month's rights issue for NG this morning were up by over 48% we reluctantly shore a little (around 1-2% of our total holding in NG) to swap for MNG at a wonderful 201p price.

Then when LLOY hit the 60p mark and went into trim territory, we gave that a haircut too. And also into MNG though it had (dammit) gone up to 203.5 at that point.

There were some very interesting results this morning from CNA, LLOY, and AZN. And we haven't yet mopped up all of last weeks NG dividend yet either. Any suggestions?
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4 users thanked Tony Peterson for this post.
Phil 2 on 25/07/2024(UTC), Busy doing nothing on 25/07/2024(UTC), L.P. on 26/07/2024(UTC), markydeedrop on 26/07/2024(UTC)
Taltunes
Posted: 25 July 2024 15:31:23(UTC)
#2383

Joined: 15/08/2021(UTC)
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As posted on the infrastructure thread

I’ll probably regret it but I bought a few more shares in GRID - down almost 6% today - to reduce my average purchase price.
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Phil 2 on 25/07/2024(UTC)
Old Scientist
Posted: 25 July 2024 15:34:43(UTC)
#2379

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Tony Peterson;313216 wrote:
Since the new shares purchased in last month's rights issue for NG this morning were up by over 48% we reluctantly shore a little (around 1-2% of our total holding in NG) to swap for MNG at a wonderful 201p price.

Then when LLOY hit the 60p mark and went into trim territory, we gave that a haircut too. And also into MNG though it had (dammit) gone up to 203.5 at that point.

There were some very interesting results this morning from CNA, LLOY, and AZN. And we haven't yet mopped up all of last weeks NG dividend yet either. Any suggestions?



Are you looking for income or capital gain? Or perhaps both, income with reduced downside risk?

For income, how about UK Wind (UKW)? A solid buy on the dips, ideally priced around 135p or below (heading that way?). Plenty of room to the upside, not too much downside risk and a well covered RPI-linked dividend whilst you sit back and enjoy the winter storms whilst watching the money turbines spin.
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6 users thanked Old Scientist for this post.
Sara G on 25/07/2024(UTC), Tony Peterson on 25/07/2024(UTC), Newbie on 25/07/2024(UTC), LondonYank84 on 25/07/2024(UTC), Auric on 25/07/2024(UTC), L.P. on 26/07/2024(UTC)
Thrugelmir
Posted: 25 July 2024 15:41:54(UTC)
#2380

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Old Scientist;313219 wrote:
whilst you sit back and enjoy the winter storms whilst watching the money turbines spin.


Not always windy in autumn / winter. A misconception.
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Tony Peterson
Posted: 25 July 2024 15:42:41(UTC)
#2384

Joined: 10/08/2009(UTC)
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Old Scientist

I have mentioned previously on these fora that I once learned quantum mechanics from a professor (by name Burbridge) who had been Ernest Rutherford's lab partner when they had been students at VUCW in the 19th century.

So I guess I am an even Older Scientist by now. You will not be surprised in such circumstances, income, rather than capital growth, is the Peterson priority these days.
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Old Scientist on 25/07/2024(UTC), Busy doing nothing on 25/07/2024(UTC)
Big boy
Posted: 25 July 2024 16:00:41(UTC)
#2385

Joined: 20/01/2015(UTC)
Posts: 6,673
Thrugelmir.....you continuously quote different individual pricing events but with no firm outcome or how it relates to shares.

As we know this is how the City works and having realised this I discovered more by accident that their was a different way to run money..

.Many of my early attempts were not that good but they fell into the same old way of managing money plus I got feed up with all the waffle that goes on in the Industry and press.

I was a Director/MD of many Investment business and Managed on and offshore Funds. Also I designed many Investment products/Management services for IFAs and Private Investors and Charities and these also included Pension Funds.

I was an authorise clerk and Member of the London Stock Exchange. I also Managed money under 3 different Regulators and was a Director of each. I was involved in changing a number of things in the Unit Trust industry.

I am getting bored with this so no more for now....Hope this helps you understand that I do know a little bit about how the Industry works and also why so many Funds etc. fail to perform...

Perhaps you can let us know how your "due diligence" adds value and how you have performed in adding value.
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Vince. on 25/07/2024(UTC)
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