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GiRTh 30-06-2020 07:29 PM

TiBB Financial News
 
Thought I'd start this to give the forum the latest financial market news in these strange financial times for all us investors. Unemployment is up both sides of the Atlantic yet both UK and US stock are doing surprisingly well and almost at their highest since pre lockdown.

FTSE 100 - DOWN 6,169.74 -56.03 (-0.90%)

Bad day for all you UK investors. The Footsies like a yo-yo at the moment.

S&P 500 - UP 3,081.41 UP +28.17 (+0.92%) **Latest Price**

After a mini crash last week, the S&P has rallied. The USA stock market is bullet proof, even with that imbecile Trump in the Oval office. All we need now is for him to say something stupid like - he wants to slow down Coronavirus testing - for the markets to tumble again. It’ll happen either tomorrow or Thursday :facepalm:

Dow Jones Industrial Average - UP 25,669.88+74.08 (+0.29%) **Latest Price**

US Markets close at 9.00pm GMT so tune in for closing prices

Nikkei 225 UP 22,288.14+293.10 (+1.33%)

Far East is up too.

GiRTh 30-06-2020 08:10 PM

S&P 500 - UP 3,100.14 +46.90 (+1.54%)

Incredible rally by the S&P. It closed at 3,018.59 on 29th June. Up 82 points in a day.

DOW JONES IA - UP 25,812.88 +217.08 +0.85%

NASDAQ UP 10,058.77 +184.61 +1.87%

Those bullet proof USA Indices come through on the last day of the quarter..

USA Markets closed.

Beso 30-06-2020 08:18 PM

I'm sure many will be pleased.

But me, I've had a hard life..yet I've still got a tenner in my pocket and a smile on my face on pay day, and a nice wee pension to look forward to.


Nearly as much as I'm looking forward to your updates on the day my pension hits in 2040, or thereabouts.


Probably the day I get covid22, knowing my luck..

GiRTh 30-06-2020 08:22 PM

Quote:

Originally Posted by parmnion (Post 10872560)
I'm sure many will be pleased.

But me, I've had a hard life..yet I've still got a tenner in my pocket and a smile on my face on pay day, and a nice wee pension to look forward to.


Nearly as much as I'm looking forward to your updates on the day my pension hits in 2040, or thereabouts.


Probably the day I get covid22, knowing my luck..

I've got a decent chunk of my pension invested so its why I've been watching this stuff like a hawk for about a year. :joker:

May as well take advantage of the current market uncertainty. :shrug:

Crimson Dynamo 30-06-2020 08:25 PM

We sold some Tesco shares yesterday as it goes

GiRTh 30-06-2020 08:32 PM

Quote:

Originally Posted by LeatherTrumpet (Post 10872562)
We sold some Tesco shares yesterday as it goes

Good time to sell. Do you think they've peaked?

Crimson Dynamo 30-06-2020 08:35 PM

Quote:

Originally Posted by GiRTh (Post 10872564)
Good time to sell. Do you think they've peaked?

Yes, went down today. To ge TL has a good amount of Amazon shares and they have done very well

GiRTh 30-06-2020 08:41 PM

Quote:

Originally Posted by LeatherTrumpet (Post 10872565)
Yes, went down today. To ge TL has a good amount of Amazon shares and they have done very well

:thumbs:

Just like Warren Buffet always says, cant go wrong with big USA companies,.

user104658 30-06-2020 08:57 PM

Quote:

Originally Posted by GiRTh (Post 10872540)
All we need now is for him to say something stupid like - he wants to slow down Coronavirus testing - for the markets to tumble again. It’ll happen either tomorrow or Thursday :facepalm:

Probably doing it on purpose and tipping off his pals on Discord.

GiRTh 30-06-2020 09:01 PM

HE's like an untrained dog who keeps ****ting on the carpet but no one can get him to stop. All those stupid comments lead to market uncertainty yet Trump thinks a thriving market is his ticket to re-election. Ok then shut your damn mouth, Donnie.

Cherie 30-06-2020 09:17 PM

Oh good thread, I have a stocks and shares ISA I drip feed a small amount into every month, I nearly caved during early Covid as it dropped like a stone but it’s bounced back and it’s back to + 11% .:eyes:

GiRTh 30-06-2020 09:21 PM

Quote:

Originally Posted by Cherie (Post 10872584)
Oh good thread, I have a stocks and shares ISA I drip feed a small amount into every month, I nearly caved during early Covid as it dropped like a stone but it’s bounced back and it’s back to + 11% .:eyes:

Wow. Drinks are on Cherie. 11% :flutter: :flutter:

Cherie 30-06-2020 09:25 PM

Quote:

Originally Posted by GiRTh (Post 10872588)
Wow. Drinks are on Cherie. 11% :flutter: :flutter:

i don’t do anything it’s all in the hands of Nutmeg
.

GiRTh 30-06-2020 09:36 PM

Quote:

Originally Posted by Cherie (Post 10872590)
i don’t do anything it’s all in the hands of Nutmeg
.

They're really good. I was with them for a while but I wanted more control over the funds so ditched all the robo platforms. I'm with Vanguard. They're fees are the cheapest and their funds are used by Plum (definitely) and; (I think) Nutmeg use their funds too, but dont quote me on that :laugh:.

You should take a look at them.

https://www.vanguardinvestor.co.uk/

Cherie 30-06-2020 10:27 PM

Quote:

Originally Posted by GiRTh (Post 10872591)
They're really good. I was with them for a while but I wanted more control over the funds so ditched all the robo platforms. I'm with Vanguard. They're fees are the cheapest and their funds are used by Plum (definitely) and; (I think) Nutmeg use their funds too, but dont quote me on that :laugh:.

You should take a look at them.

https://www.vanguardinvestor.co.uk/


Will have a read tomorrow thanks!

arista 30-06-2020 11:13 PM

https://ichef.bbci.co.uk/news/624/cp...3173572_ft.png

Mystic Mock 30-06-2020 11:46 PM

Quote:

Originally Posted by Cherie (Post 10872584)
Oh good thread, I have a stocks and shares ISA I drip feed a small amount into every month, I nearly caved during early Covid as it dropped like a stone but it’s bounced back and it’s back to + 11% .:eyes:

Well it's good news that it's bouncing back Cherie.:)

GiRTh 01-07-2020 01:32 AM

Quote:

Originally Posted by arista (Post 10872629)

Chinas control of the East Asian markets has always been troubling for investors.

arista 01-07-2020 02:53 AM

Quote:

Originally Posted by GiRTh (Post 10872647)
Chinas control of the East Asian markets has always been troubling for investors.


For sure
Girth.

Cherie 01-07-2020 08:54 AM

Quote:

Originally Posted by GiRTh (Post 10872591)
They're really good. I was with them for a while but I wanted more control over the funds so ditched all the robo platforms. I'm with Vanguard. They're fees are the cheapest and their funds are used by Plum (definitely) and; (I think) Nutmeg use their funds too, but dont quote me on that :laugh:.

You should take a look at them.

https://www.vanguardinvestor.co.uk/

I have had a read of this now, I would to pick my own funds D: not sure I would be up to it tbh :laugh:

I set my risk level at 7/10 and I was :omgno:

Crimson Dynamo 01-07-2020 08:59 AM

Quote:

Originally Posted by Cherie (Post 10872707)
I have had a read of this now, I would to pick my own funds D: not sure I would be up to it tbh :laugh:



"The trick is not to learn to trust your gut feelings, but rather to discipline yourself to ignore them. Stand by your stocks as long as the fundamental story of the company hasn’t changed."

Peter Lynch, One Up On Wall Street: How To Use What You Already Know To Make Money In

Cherie 01-07-2020 09:53 AM

Quote:

Originally Posted by LeatherTrumpet (Post 10872712)
"The trick is not to learn to trust your gut feelings, but rather to discipline yourself to ignore them. Stand by your stocks as long as the fundamental story of the company hasn’t changed."

Peter Lynch, One Up On Wall Street: How To Use What You Already Know To Make Money In

That is very true actually

GiRTh 01-07-2020 09:58 AM

FTSE 100 Down 6,154.73-15.01 (-0.24%) **Latest price**

Poor start for the footsie. Whats going on with the UK markets?

GiRTh 01-07-2020 09:59 AM

Quote:

Originally Posted by Cherie (Post 10872707)
I have had a read of this now, I would to pick my own funds D: not sure I would be up to it tbh :laugh:

I set my risk level at 7/10 and I was :omgno:

LT's advise is pretty good.

user104658 01-07-2020 10:35 AM

Quote:

Originally Posted by GiRTh (Post 10872781)
FTSE 100 Down 6,154.73-15.01 (-0.24%) **Latest price**

Poor start for the footsie. Whats going on with the UK markets?

Quote:

Originally Posted by Ammi (Post 10872795)
...36 areas are being considered ‘at risk’ and possibly days away from local lockdowns...

Havering

Wiltshire

Wandsworth

Gloucestershire

Ealing

Hammersmith and Fulham

Doncaster

Plymouth

Barking and Dagenham

Westminster

Milton Keynes

Wakefield

Haringey

Medway

Hounslow

Brent

Harrow

Kensington and Chelsea

Slough

Suffolk

Redbridge

Sandwell

Enfield

Tower Hamlets

York

Sunderland

Wigan

Windsor and Maidenhead

Leicester

Gateshead

Isle of Wight

Richmond upon Thames

Portsmouth

Redcar and Cleveland

Derbyshire

Walsall



...(...my own area in Suffolk being one of them...)...

Uncertainty, in short.


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