Ashtead Share Discussion Threads

[bracke] 07/4/2022 17:54

Good day disc0

Did the hound get a hug? Maybe not a gleeful one, perhaps just a pat.

An up day. Slightly above average volume and a tight range. Too soon to say the trend has turned but at least not another down day.

[perfido] 06/4/2022 21:54

At 8.50 pm GMT:
DOW -144.67 (-0.4%)
URI -16.75 (-4.9%)
.

[perfido] 06/4/2022 21:48

New York Times:
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Fed minutes showed ‘many’ officials in favor of a big rate increase.
Notes from the Federal Reserve’s March meeting, at which it raised rates by a quarter of a percentage point, showed officials gearing up to pull back economic support more as they attempt to tame inflation.

Minutes from the Federal Reserve’s March meeting showed that central bankers were preparing to shrink their portfolio of bond holdings imminently while raising interest rates “expeditiously,” two policies that will make money more expensive to borrow and spend.

The Fed is trying to cool down a hot economy, hoping to tame inflation, which is running at the fastest pace in four decades.

Central bankers raised interest rates by a quarter of a percentage point in March, their first increase since 2018 — and the minutes showed that “many” officials would have preferred an even bigger rate increase and were stalled only by uncertainty tied to Russia’s invasion of Ukraine. Markets now expect the Fed to make half-point increases in May and possibly June, even as they begin to withdraw additional support from the economy by shrinking their balance sheet.

The balance sheet stands at nearly $9 trillion — swollen by their pandemic response policies — and Fed officials plan to shrink it by allowing some of their government-backed bond holdings to expire. That will push up longer-term interest rates, helping to make mortgages and other types of borrowing pricier. Higher rates could temper consumption and business investment, leading to slower growth, more muted hiring, and weaker wage increases. Eventually, the chain reaction should help to lower price increases.

Fed officials “expected it would be appropriate to begin this process at a coming meeting, possibly as soon as in May,” the minutes showed.
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source & more :
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[bracke] 06/4/2022 17:57

I presume you will be watching the market reaction to the FED Minutes at 6.00pm GMT.

[bracke] 06/4/2022 17:56

You've been reading Great Expectations haven't you.

How many 'years down the line' are you thinking?

[disc0dave45] 06/4/2022 17:11

In the context of years down the line it is just noise, a mere blip that won't even be apparent on your lovely charts.Forever glass half full......and wallet always empty lol

[bracke] 06/4/2022 15:18

If it is 'noise' it's long and loud.

Not wanting to be overly negative but the immediate and mid term outlook is not good. Inflation is on the rise and US interest rates are following.

[disc0dave45] 06/4/2022 13:32

Good day Mr b'If you haven't got a cat to kick I expect the hound thinks it better to keep clear of you!'There's always the pesky squirrels!Does indeed look like recent lows, longer term it's just noise (so I keep telling myself!)

[bracke] 06/4/2022 12:27

Good day disc0

"Not hugging the pooch today! lol"
=================================

If you haven't got a cat to kick I expect the hound thinks it better to keep clear of you!

It does appear that the share price is headed to test the 4400 low.

The FED release the minutes of their March meeting later today which are unlikely to improve market conditions.

[slogsweep] 06/4/2022 12:08

Do you think its redemptions as funds have to raise cash and sell off the marketable shares. If there is going to be a war with Russia holding cash won't help much. If there isn't or Putin is deposed then should be a flood back into equites.

[trt] 06/4/2022 09:26

If £45 level doesn't hold could see £40 quite easily.

[disc0dave45] 05/4/2022 18:53

Not hugging the pooch today! lol

[bracke] 05/4/2022 17:25

1.5 Million volume which is slightly above the overall average.
The daily candle suggests most of the volume was selling.

[trt] 05/4/2022 15:41

Could see this going below £45 again.

[bracke] 05/4/2022 14:48

Good day disco

It appears yesterday was a short respite. This share is certainly out of favour.
Grasping at straws..... it's approaching the 78.6% fib whether that will support I don't know. The better indicators are the two sloping trendlines I have mentioned previously.

The volume will be interesting.

[disc0dave45] 05/4/2022 14:23

disc0 will be hugging himself and the hound with glee.Not on todays performance! lolHopefully the new tax year will start better :)

[bracke] 04/4/2022 17:42

Normalised volume today suggests large selling has stopped; for the time being at least. A rise in the US markets has taken AHT with them.

The 'line' has held and the share price edges sideways towards the aquamarine trendline.

disc0 will be hugging himself and the hound with glee.

[disc0dave45] 04/4/2022 15:22

Good day Mr b...this far and no further.If is say I'd be surprised if it doesn't drop again (for the 11th consecutive day), then perhaps it will do the opposite! Lol

[bracke] 04/4/2022 12:27

Good day Thom

LOL!

Yes it would....but it's all yours.


Good day disc0

I note 'precious' is up approx 25p (just borrowing the 'p' Thom)from Friday's close. It appears to attempting to draw a line i.e. this far and no further.

[thompsonnic] 04/4/2022 11:12

Cheers Bracke.

With regards to the 'you know what' in your post (60718), if it was corrected would that be regarded as taking the 'p'.

[disc0dave45] 03/4/2022 18:12

The mantra continues

[bracke] 03/4/2022 16:50

LOL!!!

Read the post very carefully bearing in mind the posts immediately before it.

[disc0dave45] 03/4/2022 16:46

Good day Mr bWas going to say "gap" but thought recent ones had been filled (?)

[bracke] 03/4/2022 13:14

Good day disc0

Volume was high again on Friday and the share price closed close to the bottom of the daily range so the spelling continued. What may provide some hope is that the Friday low dropped very little below the Thursday low so maybe, just maybe it is trying to 'base'.


Anybody spotted the' you know what'. No there isn't a prize.