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HMCX Hsbc Ftse250

1,953.60
9.50 (0.49%)
24 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Hsbc Ftse250 LSE:HMCX London Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  9.50 0.49% 1,953.60 1,951.20 1,956.00 1,955.40 1,928.60 1,929.60 14,401 16:29:59

Hsbc Ftse250 Discussion Threads

Showing 701 to 724 of 825 messages
Chat Pages: 33  32  31  30  29  28  27  26  25  24  23  22  Older
DateSubjectAuthorDiscuss
17/2/2018
13:37
Yes it's amusing how Invisage announces what percentage he has in cash and shares - AFTER the Market has risen or fallen!
gateside
17/2/2018
12:15
Au contraire, Gateside...Utilities are starting to look attractive. Bought SSE again @ 1210.4p on 6 Feb and even dabbled with SVT on Thursday but was then horrified when I examined its net debt levels more closely and bailed the same day. Thought about trying your PNN but trying to avoid individual midcaps as prefer to Add further to HMCX.

We also still have RIO and, more recently, an old friend the Chinese Zinc miner GFM. Our only Oil is BP. but RDSB starting to look tempting again so may Buy that also once FTSE edges towards c6876.

nasdaqpat
17/2/2018
12:04
Personally, I've decided to ride out the expected second part of the correction for UK stocks and intend to retain all 43 Long companies that currently make up 68.3% of our portfolio. My ultimate target for Longs is 75% of portfolio and I will use the remaining 15.4% of cash and 16.3% on the short side to help achieve that objective.

Our 2 short vehicles are the inverse FTSE tracker (XUKS) and the 2 x leveraged inverse S&P 500 tracker (XT2D). Interestingly, XT2D has a brother - XS2D - which is a 2 x leveraged Long S&P 500 tracker and this is included as one of our 43 Long companies and, along with HMCX, is our largest Long holding.

I am using Add & Reduce on both S&P 500 instruments to regulate holdings depending on expected market direction. Over the bulk of the last week, XS2D had the largest holding but I have now brought XT2D back up to a similar level and will Add to that (and/or cash some XS2D) if there are further short-term S&P 500 gains.

nasdaqpat
17/2/2018
11:43
Another sector which I believe you still avoid is Utilities?They seem way oversold. But where the bottom is I don't know.Talk of Corbyn nationalising the lot, but there is every chance an election is a long way off. And even though the Tories are making a complete hash of things, still think it's unlikely that Labour will win on such a left wing manifesto. Talk too of interest rate rises, but they are still at record lows and any rises likely to be very small and over a long time.So maybe Utilities are good value and are just oversold. Very good discussion on the NG. thread which I follow with interest.
gateside
17/2/2018
11:29
Can't help you there Gateside...given up trying to understand the mystical world of Resources.

Hope you managed to reduce a bit on this week's rally as it looks to me that the European correction lows are not yet in. There may be a tad more upside during the first part of the week but America may soon look to establish a secondary base and that could mean another c(06.00%) off FTSE.

FTSE is behaving similarly to the interim corrections of 2010 and 2013 which were also short, sharp affairs and, ultimately, I think it will give back c(40.00%) of the Phase gains (5500:7793) leading to c6876.

No doubt, Invisage's so-called portfolio will magically reduce down to 80% cash as markets near new lows...it seems ironic that last year he was banging on so much about LTBH being the only way to go and riding the dips blah, blah, blah. Methinks he/she speak with forked tongue!

nasdaqpat
17/2/2018
08:37
Surprised at the different fortunes of miners and oil companies.Miners doing very well, but Oil companies struggling in comparison. Makes little sense when Copper is -1.7% and Crude Oil is +2.3% for year so far.
gateside
16/2/2018
21:02
DJI joins the EODLR party in US (already starting to get a bit fizzy) :-

DJI~~~26617:23779:25294:23360~~(12.24%) Declined~~63.72% Recovered @ 25432~~05 Days
NDX~~~~7023:6370:6716:6164~~~~~(12.23%) Declined~~78.81% Recovered @ 6841~~05 Days
SPX~~~~2873:2593:2728:2533~~~~~(11.83%) Declined~~65.00% Recovered @ 2754~~05 Days
IXIC~~~7506:6825:7170:6631~~~~~(11.66%) Declined~~76.80% Recovered @ 7303~~05 Days


Not so rosy across the Pond and in Japan :-

N225~~24129:21079:22354:20950~~(13.18%) Declined~~28.81% Recovered @ 21866~~02 Days
DAX~~~13597:12233:12651:12003~~(11.72%) Declined~~30.18% Recovered @ 12484~~05 Days
UKX~~~~7793:7079:7311:7073~~~~~(09.24%) Declined~~32.64% Recovered @ 7308~~~05 Days
MCX~~~20985:19125:19724:19166~~(08.86%) Declined~~34.66% Recovered @ 19750~~05 Days

Updated @ 18:50 on 16 Feb.

nasdaqpat
16/2/2018
20:52
Let's see Pat. Truth is none of us really know we try our best to make educated guesses on the back of our respective experiences.I just try to buy good quality companies only.
invisage
16/2/2018
20:15
Sounds like you did a heck of a lot of Buying on the way Up to go from 80% Cash on 2 Feb to 90% Invested. I bought very aggressively (near the lows) but still only managed 68.3% Long.

Like you, I'm waiting for weakness so still holding 15.4% cash plus 16.3% short but May is too far down the road, IMO. Any renewed weakness (amidst volatility) should come later this month or early in March. By May, markets should be well into the next Up Phase so holding mucho cash then will be a mistake.

nasdaqpat
16/2/2018
19:36
I am holding less then 10% cash now Pat.I am waiting for ftse to rally, like the DOW has and then I will raise cash again.I think possible we will get more volatility in May so want to be able to have cash to buy into that as I think markets will be ok in 2018.
invisage
16/2/2018
19:28
Invisage,

You must be getting concerned if you are still sitting on a pile of cash?

nasdaqpat
16/2/2018
16:57
DJI joins the EODLR party in US (already starting to get a bit fizzy) :-

DJI~~~26617:23779:25294:23360~~(12.24%) Declined~~63.72% Recovered @ 25432~~05 Days
NDX~~~~7023:6370:6716:6164~~~~~(12.23%) Declined~~78.81% Recovered @ 6841~~05 Days
SPX~~~~2873:2593:2728:2533~~~~~(11.83%) Declined~~65.00% Recovered @ 2754~~05 Days
IXIC~~~7506:6825:7170:6631~~~~~(11.66%) Declined~~76.80% Recovered @ 7303~~05 Days


Not so rosy across the Pond and in Japan :-

N225~~24129:21079:22354:20950~~(13.18%) Declined~~28.81% Recovered @ 21866~~02 Days
DAX~~~13597:12233:12651:12003~~(11.72%) Declined~~30.18% Recovered @ 12484~~05 Days
UKX~~~~7793:7079:7311:7073~~~~~(09.24%) Declined~~32.64% Recovered @ 7308~~~05 Days
MCX~~~20985:19125:19724:19166~~(08.86%) Declined~~34.66% Recovered @ 19750~~05 Days

Updated @ 18:50 on 16 Feb.

nasdaqpat
15/2/2018
23:27
Only DJI of the 4 main US Indices has yet to establish an end of Down Leg rally :-

DJI~~~26617:23779:25294:23360~~(12.24%) Declined~~56.62% Recovered~~04 Days
NDX~~~~7023:6370:6716:6164~~~~~(12.23%) Declined~~73.57% Recovered~~04 Days
SPX~~~~2873:2593:2728:2533~~~~~(11.83%) Declined~~58.53% Recovered~~04 Days
IXIC~~~7506:6825:7170:6631~~~~~(11.66%) Declined~~71.54% Recovered~~04 Days


By stark contrast, other Indices continue to flounder :-

N225~~24129:21079:22354:20950~~(13.18%) Declined~~19.79% Recovered~~01 Days
DAX~~~13597:12233:12651:12003~~(11.72%) Declined~~29.92% Recovered~~04 Days
UKX~~~~7793:7079:7311:7073~~~~~(09.24%) Declined~~27.08% Recovered~~04 Days
MCX~~~20985:19125:19724:19166~~(08.86%) Declined~~32.20% Recovered~~01 Days

nasdaqpat
15/2/2018
15:48
Both IXIC & NDX have moved past the starting point of their second Down waves which means that they are 4 days into either an end of Down leg rally or the start of a new Up Phase.

DJI and GSPC have a little way to go before reaching corresponding levels...FTSE, FTMC & GDAX1 are well off the pace.

nasdaqpat
15/2/2018
11:29
FTSE continues to struggle and only Up 02.76% (7073:7268) since last Friday's current corrective low. Meanwhile, DJI has rallied 06.70% (23360:24296) @ last night's intraday high of 24926 with futures having reached in excess of 25100 this morning.

The key level for DJI now is 25294...if it moves past that over the next few days then either the correction is over (odds on now) or at the very least an end of Down leg rally is in play. If it is the latter then expect c75.00%+ of the (3257) point sell off to be recovered leading to c25803+.

A second Down leg is still possible IMHO but, if c25803 is reached next week, then the odds would drift further to about 3/1 against.

nasdaqpat
14/2/2018
17:30
Repeat Post 706.
nasdaqpat
13/2/2018
22:31
Still none the wiser after today's shenanigans!
nasdaqpat
12/2/2018
08:33
FTSE & American Futures stronger than I was anticipating but, although FTSE has touched 7176 already which is +01.46% ahead of Friday's 7073 low and, by my methods, therefore constitutes an Up wave, I am reluctant to record it as such as it could still end up going lower than 7073 before the day is out.
nasdaqpat
11/2/2018
09:06
It's hard to disagree with your last 3 posts Pat. Interesting reading thanks.
invisage
11/2/2018
08:50
Note that, after the correction in the corresponding period of the 1987/2000 Secular Bull (i.e. 9 years in), DJI had declined to 5182. Four years later the Secular Bull had put on another 126.75% when it peaked at 11750 in early 2000. Also, the current Secular Bull is currently running 20.39% richer than the 1987/2000 Secular Bull.
nasdaqpat
11/2/2018
08:42
There is a lot of reference in the press to a 9 year Bull market that might be coming to an end. It makes me laugh because most of these so-called experts don't properly understand what they are talking about. The main reason is that pundits fail to make the distinction between a Secular Bull market and a Cyclical Bull market.

Prior to the current one, there have only been 2 Secular Bull markets since the second world war and they have both, arguably, lasted 20 years or so. The previous one ran between 1980 and 2000 or 1987 and 2000 depending on interpretation so at least 13 years.

Secular Bulls consist of both Cyclical Bulls & Cyclical Bears and what the experts fail to mention is that there have been 2 UK Cyclical Bears since the 2009 Secular Bear low and the start of the current Secular Bull.

To be precise, there was a 117 day, (21.54%) Cyclical Bear in 2011 and a 203 day, (22.79%) Cyclical Bear between 2015 and 2016.

Admittedly, the corresponding declines for DJI failed to reach (20.00%)+ but that is probably simply because American Cyclical Bears occur now after drops of (15.00%)+ rather than the historical norm of (20.00%)+.

The financial press really do need to Up their game!

nasdaqpat
10/2/2018
09:15
DJI @ yesterday's 23360 has already exceeded my target of c[27.36%] and Phase has already corrected to the tune of [29.17%] in 10 days. Two very large Down waves of (10.64%) & (07.65%) were inevitably followed by a recovery wave with DJI closing @ 24191.

Bulls are far from out of trouble as I suspect DJI will only recover a few more points on Monday...after a 53.38% recovery of the first Principal Wave (PW) Down, I fancy just c45.00% will follow the second equating to c24230. This assumes that this Phase correction will be over quickly but there is also an alternative scenario whereby there is a much larger recovery of the correction thus far (26617:23779:25294:23360) to end what could be just the first leg Down...a c75.00% recovery would not be unusual leading to c25803 which would drag Bulls back in only to fall foul to a second leg Down to well below 23360.

However, assuming the first scenario is in play, its the size of the third PW Down that is now my focus and it is likely to be iro (04.50%) leading to c23140 which would represent a total decline of c(13.06%). A modest recovery could then be followed by 2/3 more PWs Down and, ultimately, DJI is probably looking at a Phase correction of c[35.00%] of the 11166 points gained resulting in a decline of c(3908) points or c(14.68%) leading to c22709.

For us, stake building will probably continue next week and I am targeting a portfolio of between 70% and 80% Long with 20-30% in cash. No more, just in case we are in a 1987 style Crash Bear.

nasdaqpat
09/2/2018
17:30
Detailed presentation of AEG's 'Coalswitch' system underway :-
nasdaqpat
09/2/2018
16:46
Only a marginal new low for FTSE @ 7073 so its beginning to look like it might get away with something like a (35.00%) give back of 5500:7793 which comes out @ c6990. However, FTSE250 must surely catch a bit of a crab next week cos I can't believe it can hold onto 19125 as the low...a c(35.00%) Phase correction for that one would lead to c18873.
nasdaqpat
Chat Pages: 33  32  31  30  29  28  27  26  25  24  23  22  Older

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