Royal Bank Of Scotland Share Discussion Threads

[avatar333] 24/4/2013 14:45

108521

'CBI distributive trades survey panel chairman Barry Williams said the figures could be explained in part by recent bad weather'

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[ramco] 24/4/2013 14:35

At the open: Dow +0.17% to 14745. S&P +0.23% to 1582. Nasdaq -0.07% to 3267.
Treasurys: 30-year -0.03%. 10-yr 0%. 5-yr +0.02%.
Commodities: Crude +0.8% to $89.89. Gold +1.29% to $1426.95.
Currencies: Euro -0.07% vs. dollar. Yen +0.02%. Pound -0.16%.

[leedskier] 24/4/2013 14:28

Very technical Dope ;

[dope007] 24/4/2013 14:27

And based on them anyone buying now is buying in the distribution phase because this continued rise and continued ramp up on the back of one piece of bad news after another cannot go on. Something will put the brakes on it.

[leedskier] 24/4/2013 14:23

Amazing charts.

[ramco] 24/4/2013 14:17

Market preview: Stock futures shed early gains and now hover near breakeven after a weaker-than-expected durable goods report. European markets are higher, sparked by a strong bond auction in Italy and hopes of an ECB rate cut. Apple -3% premarket amid concerns over shrinking profit margins and the lack of a new product cycle until the fall. Still ahead: petroleum inventories.

[ramco] 24/4/2013 14:14

2010 - 2011


2011 - 2012


2012 - 2013

[dope007] 24/4/2013 14:10

Aye, bad news is good news. Except the bad news is very bad and economies are falling again, and have never really got out of the deep slump that started 3 years ago.

[leedskier] 24/4/2013 14:01

Ironically ... Boeing's Profit Jumps 20% as Lower Costs Offset Sales Decline

[leedskier] 24/4/2013 13:58

Boeing received orders for only 39 aircraft, down from 179 in February, according to information posted on its website.

[ramco] 24/4/2013 13:56

So, what did stocks do yesterday in response to all that negative data? The Dow gained 152 points, of course! Sure, there was a 2-minute span Tuesday where the algos pulled all their bids and the Dow plunged 145 points in 120 seconds in response to the "hack job" tweet that said Obama had been injured in an explosion at the White House. But the dive was erased almost as quickly as it had arrived (it took 3 minutes for the Dow to recover after the drop) and before long, the bulls were back on track. Perfectly logical, right?

If you are relatively new to the game, this is called the "bad news is good news" environment where traders celebrate the idea that the ongoing spate of weak economic data means that nary a single central bank around the globe is likely to pull their QE punch bowls any time soon.

Another way to look at the situation is the recent weakness in Germany has increased the expectations that the ECB will cut rates at their next meeting. In addition, the latest macro developments across the pond have added to calls for a shift away from austerity and towards policies that stimulate growth in the eurozone.

How did the European bourses react to the bad news yesterday, you ask? Not too bad, actually. The FTSE 100 was the laggard of the group and closed up +2.00%, while Germany's DAX gained +2.41%, Italy's MIB was up +2.93%, and France's CAC 40 soared +3.58%. As such, the bad news did indeed appear to be good news.

So, while today is another day and traders may very well decide to shift their computers' focus to the next shiny object, for now at least, it appears that bad news is good news again and that the concept of a Goldilocks economy is just fine for all that money sloshing around in the financial system these days.

[ramco] 24/4/2013 13:52

MBA Mortgage Applications: +0.2% vs. +4.8% last week.

[ramco] 24/4/2013 13:51

The long bond moves higher (yield declines) following the soft durable goods report. In addition to the weak March print, February's 5.6% gain was revised down to 4.3%, with nondefense ex-transport orders revised down to -4.7% from -2.7%. Higher previously, the 30-year yield is now off one basis point to 2.9%.

[ramco] 24/4/2013 13:51

More on Barclays (BCS) Q1 earnings: The company missed overall expectations, but profit at its investment banking unit beat estimates thanks to the bank's cost-cutting efforts - which management says remain on track. "The Barclays thesis can't work unless the returns on the investment bank work, and we like the clear strategy," says Bernstein's Chirantan Baura. Shares -2% in London after initially popping nearly 5% higher.

[ramco] 24/4/2013 13:49

Apple (AAPL) -3.4% to $392.50 as the Street continues digesting the light FQ3 guidance provided with its FQ2 beat. BMO's Keith Bachman has cut shares to Market Perform after recently expressing concerns about iPhone mix. "We think the challenges of 1) increased competitiveness in the smartphone market, which we believe will pressure ASPs and margins – will largely offset 2) improved capital allocation." In a set of charts analyzing Apple's results, Dan Frommer points out the iPad is now 20% of sales, and iTunes/Software/Services 9% (the iPhone is 53%).

[dope007] 24/4/2013 13:49

I guess the 0.25% cut from the ECB is going to sort out the USA aswell ;)

[leedskier] 24/4/2013 13:46

Non defense aircraft and parts: New Orders.............................. 9,097 in March c/f 17,566 in February.

[leedskier] 24/4/2013 13:42

I guess it is aircraft orders which seem to rise and fall on alternate months. Must be something to do with accounting periods.

[dope007] 24/4/2013 13:38

The bad data keeps on a coming. The USA have gone all austerity on us and it is showing.

[leedskier] 24/4/2013 13:27

Whilst I am having a rant against Osborne. What happened to AIM shares in ISAs? I thought that this was now cut and dried, but it seems not yet ....

Either AIM shares are safe for private investors and can therefore be held in ISAs or they are not in which case the Regulatory Authorities should make them safe.