Ashtead Share Discussion Threads

[bracke] 15/8/2022 15:40

disc0

"Unless peeps are habitual shorters (Mr b?!)"
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I have been known to go long during a moment of weakness but I soon return to my senses.

If the threads on this site are anything to go by most investors moan, it's part of the investment process. I accept that some moans are justified, one then has a decision to make. Are the reasons for the moans sufficient to hold or sell the share.

My tongue was even more firmly in my cheek than yours with my 'mercenary' comment.

As I posted previously the market is interested in one thing; making money.

[disc0dave45] 15/8/2022 14:14

Good day Mr b"Some may think your focus on what is good for some shares is somewhat mercenary."Was simply trying to inject some well needed (IMO) positivity on the thread, and slightly tongue in cheek as this is an investors BB all said and done. How many folks have invested in resource, commodities, energy utilities, defence stocks since the war in Ukraine?, how many invested in health stocks, bio and pharma companies etc., when the C19 pandemic hit?. How many holders here have sought a benefit, and even posted such, from the tornado season in the US?, the list is endless.....all events where in one way or another people have suffered on a personal level and others have gained on a monetary level....is investing in such companies and sectors being mercenary?, guess we each have to decide for ourselves. But purchasing stocks that may have gained due to a relative short spell of above average temperatures, IMO wouldn't qualify as "mercenary".Unless peeps are habitual shorters (Mr b?!), then surely the pre-requisite for any investment is an outlook of positivity and optimism, we don't hit the buy button thinking I hope this falls, so please folks be more grateful for the life you have because of your investments rather than moaning all the time, about everything it seems to me.Monday ramblings :)

[bracke] 15/8/2022 12:35

Good day disc0

You'r in a cheerful/positive/bright mood today. Whilst understanding your thinking an excess of vitamin D can be harmful. Some may think your focus on what is good for some shares is somewhat mercenary.

I do accept that we could be a lot worse off but give it time and we may get there!

[disc0dave45] 14/8/2022 19:15

Lighten up chap. Sunshine is good for the soul, cheers folks up (well most anyway), all that nice vitamin D as well, lowers blood pressure, helps with depression and your immune system - good for drinks companies (DGE, NICL, FEVR), sunscreen (can't find uk listed!) & ice cream (ULVR). Not to mention all that solar energy! (GRID).What's up with folks, it's all doom and gloom.....you could be a lot worse off than some so count your blessings is what I say.

[bothdavis] 14/8/2022 16:36

Is it though?

Plants in the garden wilting, grass is brown, drought conditions possibly into the Spring!

Too much of one thing is not good!!

[disc0dave45] 14/8/2022 11:43

Anothe beautiful sunny day :)

[bracke] 13/8/2022 15:01

Good day fenners

Yes I agree. Sanction on China depending what they are may affect trade but would US and others apply meaningful sanctions bearing in mind what the sanctions against Russia have done to fuel costs.

[fenners66] 13/8/2022 01:08

Its the trade that would be affected , sanctions on China and China blockading Taiwan

[bracke] 12/8/2022 12:37

Good day fenners

Looking at market reaction to the Gulf War and Ukraine there is an initial reaction and then the market returns to normal.
Provided trade etc is relatively unaffected the market is unconcerned.
The market is not concerned about right and wrong, scruples or any thing similar it is only concerned with the prime (only) objective which is making money.

[fenners66] 12/8/2022 12:25

My fear for the markets is China making a move on Taiwan.

War games all around the Island sounds just like Belorussia

[bracke] 12/8/2022 12:22

Good day disco

It depends how keen the major players are to keep it above 4200. Do they really think the worst is over or do they think there is more to come. If there is bad 'bad' data they will drop it like a hot potato. On the other hand more data to support slowing inflation and up we go.

We just wait or not depending on risk tolerance.

[disc0dave45] 11/8/2022 20:50

".... or even Guru P."No comment! LolLooks like the S&P will struggle to hold 4200 now, those pesky gaps, oh well always another day.

[bracke] 11/8/2022 17:25

Not certain where next, could be 'Master' or a bad call could easily mean demotion to Guru or even Guru P.

"I see the S&P is making its way towards 4300."
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It was but got to 4258 and reversed. Why you may ask. This is where all the doodling becomes useful. You need to concentrate so bear with me.

At exactly 15.19 the NAS100 filled a gap at 13,536 which had opened on May 4th. Job done, it immediately reversed and what time did the S&P500 reverse.....yes you got it 15.19. I'm sure I don't need to tell you why.

[disc0dave45] 11/8/2022 16:08

"I was elevated a few years ago"Congratulations, where to next? (don't mean the sp).I see the S&P is making its way towards 4300.

[bracke] 11/8/2022 10:10

Good day disc0

"Wouldn’t be surprised if it’s another blue day tomorrow despite the 55.8p div….wishful thinking I know, can’t help it :)"
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Neither would I. I am no longer surprised by anything the US markets do.



"Ps “doodling̶1;
One would think a TA Guru was beyond such things wouldnt one :)"
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Yes one would but in the TA Guru world the word is used to describe intense analytical thought. By the way it should be 'a TA Elite Guru'. I was elevated a few years ago.

[disc0dave45] 10/8/2022 20:20

Ps "doodling"One would think a TA Guru was beyond such things wouldnt one :)

[disc0dave45] 10/8/2022 20:07

Thanks Mr b, I've been eyeing up an S&P ETF.Wouldn't be surprised if it's another blue day tomorrow despite the 55.8p div....wishful thinking I know, can't help it :)

[bracke] 10/8/2022 19:21

An interesting day today; the market decided good news was good. The reaction suggests the market is thinking/hoping that the next rate rise will be 0.5% or even 0.25%.

I note that as I type the S&P500 has held at 4200...a critical level. If the market is confident the worst is over the index will be taken over 4200 and on to the primary trend line (approx 4300) which is the down trend line on the chart below.

If the market reconsiders and thinks the move today was over exuberant a drop to fill the gap at 4122 is the likely move.

If it is unable to break up above 4200 there is the possibility of a partial retrace to maybe to 4160 before another effort on 4200.

The two aspects to consider are the 4200 zone and the primary trend line. Ignore other lines on the chart they are just my doodling.


S&P500 DAILY CHART

[disc0dave45] 10/8/2022 17:57

Welcome and congrats

[hopefuldave] 10/8/2022 17:05

Yes,lucky today thanks. Not so on many others especially glaxo.

[perfido] 10/8/2022 16:46

Looks like the 'tide' is still with AHT, +214p +4.8% closed @ 4687p aided of course by encouraging US CPI results and ex div 10/08/22

Welcome hopefuldave, or should that now be luckydave? :-)

[hopefuldave] 10/8/2022 16:15

Oh my god, I only bought yesterday for the dividend, now I’m torn!, do I divi dodge or leave it knowing a drop is coming tomorrow?. I think I’ll stay in and see what happens as this is very exciting stuff.

[disc0dave45] 10/8/2022 13:32

Dow just shot up so assume US CPI data is good news.

[disc0dave45] 10/8/2022 11:02

Good day Mr bThink there's a very good chance it will be filled!.Strange that when O&G recovered in 2016 (I'm basing that on the Shell share price as the benchmark for that sector) that they didn't.

[bracke] 10/8/2022 10:46

Good day disc0

Thanks for the LOAD explanation. I note they are up again this morning to 264 so no profit taking so far. What you may find interesting is that on its way down in 2015 on the 28 May it gapped down from 298 to 264. What chance a move to 298 and gap fill?