Anglo Asian Mining Share Discussion Threads

[wanobi] 18/5/2020 17:25

wowzer, check OIL price,,, WTI up 11%, BRENT up 8.77% at 35.35..... :-) Cheers Wan :-)

[wanobi] 18/5/2020 17:23

Gold, might be a nice back test of the resistance,,,, turning to support line :-) fingers crossed, GLA, Cheers Wan :-)


free stock charts from uk.advfn.com

[bumpa33] 18/5/2020 17:16

What’s driving US indices right now is jawboning from the Fed and bloody futures gapping the cash mkt ffs...!

[wanobi] 18/5/2020 17:00

4D -

Cheers
Wan :-)

[wanobi] 18/5/2020 16:56

if correct cmb, those are staggeringly good (low) cv19 numbers from India,,, fantastic news,,, as you know I have been very concerned as to how they'd cope,,, but, so far so good,,,, great news :-) Cheers Wan :-)

Kerala state - pop 35 million,,, cases 601, deaths 4........

Just shows what can be done with early lock-down, immediate education of the people and track & trace!!!!

[fozzie] 18/5/2020 16:41

QE just continues to drive the market and that ain't stopping anytime soon. A lot of cash perhaps on the sidelines wishing it was invested now? Some decent numbers coming out on some US stocks that are driving their whole indicies.

[wanobi] 18/5/2020 16:34

AA. right,,, aha,,, please let me know when you're getting back in Rb and I'll join you,,, many thanx, cheers Wan :-)

they still have almost 17% though Rb :-) LOL

[riggerbeautz] 18/5/2020 16:27

Wan another 3% gone from Parvus, just a waiting game.

[riggerbeautz] 18/5/2020 16:24

As others have commented the real crunch will be 2nd quarter earnings sometime in Q3, then the chickens will come home to roost; unless of course the market discounts it as everything is fine in lala land.

[pogue] 18/5/2020 16:24

ODR
I see a lurch down as reality dawns then a long bear. This has done a lot of damage to economies that were not booming before this happened.

[sh0wmethemoney] 18/5/2020 16:22

Just taken 5k more

[onedayrodders] 18/5/2020 16:18

pogue
18 May '20 - 15:28 - 19590 of 19597

That would not surprise me in the slightest ...however don't see a crash as such just a long painful bear market for a few years significantly breaching March lows

[onedayrodders] 18/5/2020 16:16

yes its ridiculous

[brasso3] 18/5/2020 16:16

Same here. I would rather miss out on some gains at this point and be more comfortable on the sidelines.

Around 20% cash at the moment. No long spreadbets.

[pogue] 18/5/2020 16:14

Must admit I am getting itchy to sell some recent purchases and take profits and hunker down for the drop, the DOW and FTSE have a surreal feel.

[bozzy_s] 18/5/2020 16:13

I've added today. First buy since the coronavirus-driven bargains at 80 odd pence. Everything is pointing to some positive newsflow in the very near future.

38, self-unemployed as Del-boy would say, from Kent :) (I actually trade electronic components online)

[bumpa33] 18/5/2020 16:03

The whole world follows the US, “fix” that and you’ve “fixed” everything - in a manner of speaking 🙄

[brasso3] 18/5/2020 16:01

The markets seem to be a very poor reflection of the economy at present. I know that the markets and the economy are a different beast but I do not get how the FTSE100 can be at 6000 pts. Likewise for the DJ and SP500.

[king suarez] 18/5/2020 15:58

Yes, just off the A38 :) think it moved to Droitwich before I was born (my mum used to teach at Droitwich High School prior to Dodderhill) - small world indeed!

Gold holding stead after the yanks tried to bash it down, as they appear to do every time their market opens. Looks like AAZ refusing to budge significantly until next news. Looking forward to reading those updated broker notes - assuming Hardman must be privy to some updated (positive) exploration news otherwise an updated broker note wouldn't make much sense?

[bumpa33] 18/5/2020 15:48

Well, you could argue that 6 weeks of the S&P trading between 2800 and 2950, give or take, a range heavily supported by the futures mkt could allow for sizeable distribution over that period in readiness for Wave 2? Love a conspiracy theory :)

[swallowsflysouth] 18/5/2020 15:41

Surely its to soon for a second wave, those figures would relate to deaths in residential care homes i would thought ? They have always been behind the curve on those figures is my understanding.

[jbravo2] 18/5/2020 15:36

Yep I know it, although Dodderhill girls school is now in Droitwich!

[pogue] 18/5/2020 15:28

If you are interested in conspiracy theories here's a cracker.

They've reached agreements with a lot of news outlets and some testing agencies to give the market a 24-48 hour buffer wherein they will suppress stories about how the reopening is causing the 2nd wave far worse than imagined. Once they see new cases and new deaths rising at a certain rate, the narrative will lag behind a day or two to the public, but the numbers will be passed on to those manipulating the markets.

[bumpa33] 18/5/2020 14:56

Maybe wan, though they’re heavily bid - Singers are quoting 100k above the mid at the mo, amongst others. Not much on offer.

[king suarez] 18/5/2020 14:47

Afternoon Wan,

Yep, pleasing to JSE and TXP on the rise today. It looked clear to me that TXP in particular was due to take off, so no surprise with the news flow coming. Looking forward to seeing the gas contract news and early estimates of minimum size of the find at Cascadura - just hope the market doesn't sell off on news if provisional estimates are lower than some are hyping up - we shall see.