Barclays Share Discussion Threads

[diku] 02/3/2021 08:58

Post 6247...if and when when that market sentiment speedometer reaches extreme greed Barc could be around 200 - 220p...FTSE probably 7200..

[johnwise] 02/3/2021 08:01

UK government borrowing money? the tax payer should see the list from who and the amount borrowed..Any borrowing money from Communist China ? The China virus has wreaked havoc on the UK economy: In tomorrow's Budget, the Chancellor will increase taxes to pay off the Bank of England for Quantitative easing (printing money) https://www.express.co.uk/finance/personalfinance/1404100/seiss-budget-2021-what-to-expect-rishi-sunak-self-employed-support-latest-EVG

[prbshares] 02/3/2021 08:00

I wholly agree with ref consolidation... just creates a little more support and the 'step' for the next move. I haven't topped up yet and presume you are sitting on the sidelines still . My gut tells me the economy is stressed but primed to go north on the vaccine / de-restriction news yet the ftse lags it counter parts ....

[manics] 02/3/2021 08:00

PRBSHARES: read about its info points here: https://money.cnn.com/investing/about-fear-greed-tool/index.html Feels more like "fear" to me at the moment so I'm obviously a pessimist!

[prbshares] 02/3/2021 07:55

chart as in 'Index' above

[prbshares] 02/3/2021 07:54

Not really sure what to make of the chart ... ? The markets really on one or the other so seems fairly balanced at the moment ?

[manics] 02/3/2021 07:54

PRBSHARES: agreed. Hard to call. I feel like there are major stress points in the market and something is going to pop one way or another. Futures have given up around 50 points since last night on the DOW close. Mildly red at time of writing -17. More consolidation for BARC isn't a bad thing.

[prbshares] 02/3/2021 07:52

Manics : 'else you got me buying at 158p'.... buying as in long or short ? It seems that Sunak may focus on some good news for the financial sector tomorrow...

[prbshares] 02/3/2021 07:47

Morning , another day another dollar ! The market doesn't seem to know quite where it wants to go. The chart looks good for Barc and the 200ma hasn't turned north like this for approx. 4 years but the world is in a different place now and it almost feels like finger in the air territory. I still wear my rose tinted glasses as a long holder being that the ftse hasn't staged a full recovery yet and the UK economy feels like its ready to open up again... who knows hey and Barc has only tested the 165's .... I would like to see her steam through next ! Aimo gla Whats your thoughts manics ?

[manics] 02/3/2021 07:43

159-160 hold the line, else you got me buying at 158p.

[johnwise] 02/3/2021 07:20

Could cladding scandal trigger new bank crisis? Finance industry could see widespread mortgage defaults if leaseholders are forced to pay for safety repairs, MPs are warned Former Bank of England economist Dean Buckner said widespread mortgage defaults could spark a Northern Rock-style run on the banks. The Bank of England declined to comment. https://www.dailymail.co.uk/news/article-9314945/Finance-industry-widespread-mortgage-defaults-leaseholders-forced-pay-repairs.html

[johnwise] 02/3/2021 06:59

Now which charity shall I contribute too. The little box on the counter for foodbanks or the big trough in the corner for a fancy pad. Its outrageous. After whats gone on in the last 12 months. At least Cameron paid for his decorating.. Boris Johnson's secret fund for Carrie Symonds' No.10 makeover: Prime Minister plans new charity backed by rich donors to help pay for lavish revamp of private Downing Street flat https://www.dailymail.co.uk/news/article-9314291/Boris-Johnsons-secret-charity-fund-Carrie-Symonds-No-10-makeover-private-flat.html

[johnwise] 02/3/2021 00:34

Treasury to launch green savings bonds "Thing is, green doesn't make any money. It can't exist without tax payer subsidy. Green industrial revolution? Like what, manufacturing hot air and waffle? Anyone who thinks that investing in anything dreamt up by unscrupulous short-term people who only want to spend that money on political point-scoring projects deserves to be robbed.. With your money tied up for a lengthy period, you could get caught out with a real terms loss if inflation rises significantly. A lot of people today, have never experienced a high inflation environment." Treasury to launch green savings bonds through NS&I: Eager savers wait to see what they'll be paid to help Britain build back better https://www.dailymail.co.uk/money/saving/article-9312409/Green-savings-account-NS-rate-pay.html

[manics] 01/3/2021 21:41

Nice DOW close. Just how high is this market going?

[nick100] 01/3/2021 19:54

https://www.ii.co.uk/analysis-commentary/barclays-shares-are-things-beginning-change-ii515283?utm_source=newsletter&utm_medium=email&;utm_campaign=NEW-DLY-ENGAGE-afternoon_round_up_010321%20(1)&utm_content=newsletter&spMailingID=12361566&spUserID=MzU1MTA2OTEwNzY0S0&spJobID=1710144671&spReportId=MTcxMDE0NDY3MQS2

[nick100] 01/3/2021 19:23

https://www.thearmchairtrader.com/lloyds-bank-barclays-shares-forecast/

[johnwise] 01/3/2021 16:25

Bank of Ireland takes axe to branch network with 103 or 36% of its banks on the island of Ireland to close from September Some 88 of the 257 branches in the Republic of Ireland will close down https://www.thisismoney.co.uk/money/saving/article-9312113/Bank-Ireland-shut-103-branches-September.html

[johnwise] 01/3/2021 16:24

Credit Suisse suspends €8.3bn supply chain finance funds Bank has concerns over value of funds’ investments which Greensill Capital helps manage The asset management arm of Zurich-based Credit Suisse said on Monday it has suspended redemptions from its $10 billion (€8.3 billion) supply chain finance funds over concerns about the value of the funds’ investments. More https://www.irishtimes.com/business/financial-services/credit-suisse-suspends-8-3bn-supply-chain-finance-funds-1.4498200

[bernie37] 01/3/2021 16:03

The long-term trend has been UP since Nov 9th, 2020 at 5.96860000 The intermediate-term trend has been UP since Feb 8th, 2021 at 8.11000000 The short-term trend has been UP since Feb 16th, 2021 at 8.19500000

[manics] 01/3/2021 15:18

DOW doing its bit. Large whale trade just posted here, some 17m.

[prbshares] 01/3/2021 13:27

lets hope the Dow doesn't disappoint ....

[manics] 01/3/2021 12:24

Boring, but a great day so far.

[prbshares] 01/3/2021 09:24

Manics : I agree and will just have to see. Its crazy money being thrown around now by the fed and boe but in times of need the old saying of 'spending your way out' is certainly a path the global economies will explore. I hope my rose tinted glasses stay with me and barc consolidates around these levels. 168p would certainly position you on the start of the next leg up...lets see if the 'R' number , vaccine rollout and talk of the Great British Economy firing up gives us a March to remember !