That move late last night in the states has taken the wind out of my sails.
Did not see that coming even though I have been wary for some time.
All the news I have been seeing with the political turmoil in both France and Germany and the aimless chattering from Two Tier does not fill me with any confidence.
We were due a correction
Old WB must be waking up quietly satisfied this morning. I wish I was.
Still another month until inauguration.
Staying out until then .
Skinny good luck with the charts over next few days |
Possibly a fait accompli :- |
It is the gilt rates that are hurting us here, 4.57% (10 year) today and up again.. :o(
Big week for rates, FED tomorrow, MPC Thursday, UK-CPI in the morning which will drive/dictate what we get from the BOE unless the GDP data overrides, but wages growth will be stoking inflation and more likely to be a hold..?, consensus is for a cut over the Atlantic so far..
Could well go lower here, but keep them for a decade, mop up the dividends and you should own them for free after 7 years using the compounding.. |
For info :-
1 year low is 192.45p
3 year low is 159.35p
5 year low is 86.40p |
If it helps took some just now.
Over 10 pct yield
Forget double bottoms more like squeaky bottoms |
Is it double or triple bottom? Is it positive? Anyone pls |
Looking forward to it
Unfortunately as I have said elsewhere fear is the driver at this moment in time.
Will try not to add to the noise |
180 looms, approaching a good price to buy soon. |
UK mkt is stale. The companies in the main are doing well and are significantly undervalued |
Hmmm will this drift lower. |
Keeping an eye on the share price moving to results and before ex divi. If it repeats as last year will sell the lot and re-invest after X-divi. That was a great play last year GLA |
FWIW :- Jefferies cuts M&G price target to 215 (220) pence - 'buy' |
She'll spot the missing cushions - all 48 of them |
I'm not planning to tell the wife that I'm having a pre-Christmas clear-out of random stuff which has been cluttering up the house, cos she can't let go of it. Starting with the mysterious disappearance of mugs, glasses, candles and those things to put other things in that have no name, to make way for the imminent next batch of presents with silly comments printed on them. |
Spawny
I would also advise against a do it yourself lobotomy but I fear I might be too late. |
This week I'm not planning to fight an alligator with my bare hands, saw my finger off or swallow a 4 inch nail. Caution advised. |
I change my mind every 5 minutes .
But that's my choice I blow hot and cold and at the moment think there is a chill in the air despite all the hot air being posted elsewhere.
Will look to buy when I think I and the market spot a plausible direction and that is just not apparent to me at the moment.
I try not to pass spurious comments but sometimes ? |
>spawny that was v funny. this post is not a comment on juber. |
i invest in the usual 'suspects' high div returns. i don't ignore share price moves but don't act on them short term if the divi, or a black swan, drops i will consider my large position and act accordingly when the fact change i change my mind. what do you do? |
Spawny
Concentration required here so no asinine comments please.
If you drill deep enough you will 'touch' a nerve
Troubled waters and all that.
Be lucky |
Always fascinating to hear what you're not planning to do Jim. |
Certainly under consideration due in no small part to the rise in Lgen and to a lesser extent Phnx but to my mind doubts are present hence the share price struggling to make any headway.
Will watch but there is no rush .
Results not due until March 25 so happy to hold off for time being.
This should be higher and the fact that it is not justifies my caution
All the best |