Ashtead Share Discussion Threads

[disc0dave45] 14/10/2022 16:40

Thanks Mr bSo you even do TA on the VIX, interesting!.Thought all along that Kwarteng wasn't a real Kwarteng, and it's come to pass! :)

[bracke] 14/10/2022 14:26

VIX INDEX DAILY CHART LONGER TIME FRAME




VIX INDEX DAILY CHART SHORTER TIME FRAME

[disc0dave45] 14/10/2022 13:23

Vix index at 32 and on upward trend since about mid august......on the weekly chart it hit a high of about 85 during the pandemic (which was circa 5 points lower than during the 2008 financial crash).For those interested, the long run average for the VIX is 21 and anything above 30 can point to increased volatility and fear in the market and often associated with a bear market.

[bracke] 14/10/2022 12:57

Good day fenners

The volatility was considerable in the US markets.

Looking at AHT the range over yesterday and today so far is 3969 to 4309 = 340 which was tradeable as can be seen on the 15 minute chart.

AHT 15 MINUTE

[disc0dave45] 14/10/2022 11:45

Truss to hold press conference later today.

[fenners66] 14/10/2022 09:40

Looking at the chart above.
Volatility , what volatility ?

[disc0dave45] 13/10/2022 19:28

Looks like our cousins filled their pockets with cheap UK stocks and are now doing likewise with some of their own......what a game!.

[disc0dave45] 13/10/2022 18:06

"Volatility, the life blood of the market."It sure is, someone's making lots of money, unfortunately not me though.....so any spare change you have, an EG must have loads!, just drop it into the hounds hat :)Thanks

[bracke] 13/10/2022 13:22

disc0

US unemployment supposedly remains low. Maybe an increase in unemployment would help reduce the inflation rate. After the rate ceases rising there is the question of how long the rate remains at the increased level.

Perhaps Mr Powell could state that the rate increases are transitory. On second thoughts best not.

[disc0dave45] 13/10/2022 13:20

Correction: CPI Sept to be confirmed today.Rumours that Kwarteng (the real one!) is dropping some elements of the "mini budget"

[disc0dave45] 13/10/2022 13:12

Good day MrbGiven USA month on month inflation reduced July, Aug, then Sept, plus there is also a lag in rate increases impacting on inflation, then IMO can't be many more, inflation can and will burn itself out too, so perhaps two more to hit circa 4.75% target?. Would prefer some market stabilisation by reducing to +0.5% even if it extends the frequency of hikes - is this now simply FED machismo at play which could be catastrophic!.....but wtfdik

[bracke] 13/10/2022 11:36

Good day disc0

Always question. Keeps me on my toes.

The FOMC Minutes didn't make much difference. Arguably the market has priced in the next rate rise. Depends how many more there are to come.

[disc0dave45] 12/10/2022 21:26

The hound wouldn't say no to some fresh meat!.......but point taken, thou shall never question the EG again! :)

[bracke] 12/10/2022 19:13

The Guru High Council have asked me if I would like to send a couple of our 'representatives' to see you to 'further advise' you. I have declined the offer saying that I'm sure you will proceed more carefully in future.

[disc0dave45] 12/10/2022 18:46

Soz elite one :)

[disc0dave45] 12/10/2022 18:30

Aargh my mistake

[bracke] 12/10/2022 18:06

disc0

I think there has been a misunderstanding.

This is the chart I originally posted



You will see there are two gaps at the top of the chart, one at the bottom and the gap at 4122.

I said "All being well the two at the top will eventually be filled but I suspected the probability is the one at the bottom is likely to fill first."

Given where the share price was at the time the gap at 4122 would have to be filled before the one at the bottom.

So far nothing has changed my view. I still think the probability is that the gap at 2889 will fill before those at 6200 and 6328. Until the FED pivot that will remain my view.

[disc0dave45] 12/10/2022 17:47

Mrb Sorry but you said the lower gaps would be filled before the 4122 gap......but they haven't been.You posted with regards to gaps being filled: "All being well the two at the top will eventually be filled but I suspected the probability is the one at the bottom is likely to fill first."I posted: "I?m hoping you mean the 4122, not the next lowest!"You replied: "Unfortunately not"

[bracke] 12/10/2022 16:41

Good day disc0

Now you'r being silly. The lower gap could hardly be filled before the one above it which is on the way down!

FOMC Minutes later. The market will be looking for the merest hint of a FED pivot which given the recent data is a low probability.

The market has become so used to cheap money and plenty of it the idea that it was 'transitory' refuses to sink in.

[disc0dave45] 12/10/2022 14:04

Good afternoon Mr bThought the lower gap was going to be filled first! lol :)US PPI slightly higher than forecast :(

[bracke] 12/10/2022 11:57

The gap at 4122 now filled.

[disc0dave45] 10/10/2022 12:43

Do folks still think AHT own AT.?The latter issued a nice "materially ahead" this morning.From memory a previous spike here could have been down to AT.....not complaining though!.