Scottish Mortgage Invest... Share Discussion Threads

[bmel] 26/2/2021 12:19

Rapidly bouncing off the bottom now.

[quepassa] 26/2/2021 11:33

An understandable market correction - which was overdue after the massive recent run-up.

Has anything fundamentally changed?

I know what I think.

Thank You Mr. Market.

ALL IMO. DYOR.
QP

[steeplejack] 26/2/2021 11:31

Then,of course,there’s sentiment (influencing the premium/discount)clearly not just about NAV.Lot of profit taking in US Tech.US banks have been a notable outperformer as a cyclical play in the last month.I find todays fall somewhat overplayed especially given the couple of per cent appreciation in the $ against £ in the last day.There’s a backcloth of concern that the Democrats won’t manage the economy as effectively as the Republicans.Their hearts might rule their brains with a real fear that inflation might be restoked as rising long end bond yields testify.Personally,i would rather be in a selection of Baillie Gifford tech selections long term than put my faith in a billy the bounce for hard hit cyclicals but thats a personal choice.SMT look oversold to me but I’m not sure if thats on a days view or a years view :)

[n0rbie] 26/2/2021 11:21

Is their NAV really down 20% in a week?

[ali47fish] 26/2/2021 10:50

lords i know this but in my experience i prefer to ask given the ingenuity of some investors and their maultifarious experience- your own answer is useful!

[arja] 26/2/2021 10:50

lord loads ,
but charts are next best thing to a crystal ball as can not afford billion quid price tag ! ( smile ) .

[arja] 26/2/2021 10:48

but that NAV is in effect 2 days out of date as does not include thursday's movement in nasdaq and also nasdaq futures overnight and today !
al147fish- who knows the answer to that but just keep checking chart for nasdaq 100 and wait for it to stop short term downtrend and looking like it is changing direction. SMT will mirror what happens to the index to a large extent. good luck .
now at a level where a day trade is good from risk/reward viewpoint and especially if nasdaq futures does not suddenly plunge again .

[n0rbie] 26/2/2021 10:31

12.43 NAV yesterday. Trading at discount again?

[ali47fish] 26/2/2021 10:29

arga i am not trading- do yuou think it still prudent to wait for this to stabilise and when is that going to be?

[quepassa] 26/2/2021 10:24

Amadeus IT Group.

All happening:-

-New Technology Partnership signed with Microsoft
-New NDC Partnership with IAG
-New NDC Partnership with American Airlines.

Two of the largest airlines in the world and the mighty Microsoft.

Flying.


ALL IMO. DYOR.
QP

[arja] 26/2/2021 08:38

chart suggests a turn at about 1032 and getting close to that.

[arja] 26/2/2021 08:36

nasdaq futures recovering and SMT looks a bit oversold and good opp for a day trade when it starts to look like it is turning . But needs close monitoring as nasdaq futures might suddenly selloff again - volatile times !

[18bt] 26/2/2021 07:35

Bath on NASDAQ last night isn't going to help here

[jockthescot75] 25/2/2021 14:39

New interview with James Anderson and Tom Slator.



Jock

[arja] 25/2/2021 07:54

based on auction at moment , you might be right about being well up on opening

[arja] 25/2/2021 07:49

well, not so sure although nasdaq index up about 1% since UK close BUT cable higher !
a modest rise seems likely .

[captain stock] 24/2/2021 20:34

Should see a nice rise tomorrow.

[arja] 24/2/2021 11:42

sorry - computer playing up lately !

[arja] 24/2/2021 11:41

some trade today and wish I had got in closer to the bottom but made a bit ! ( wry smile ) . closed my CFD trade at 1225 because nasdaq index starting to retreat after the rally but it might change later in day .

[arja] 24/2/2021 11:41

some trade today and wish I had got in closer to the bottom but made a bit ! ( wry smile ) . closed my CFD trade at 1225 because nasdaq index starting to retreat after the rally but it might change later in day .

[steeplejack] 24/2/2021 09:56

Probably a bit early in terms of sentiment to buy.Would like to get this week out the way.Commentators/press have been touting a correction referencing to the rise in yields at the long end of the bond market.The increase in margin requirements imposed by broking intermediaries (probably encouraged by financial authorities)signals a tightening of liquidity that could see the 'free cash for all ' bubble deflate somewhat.The Robin Hood gang suggested that something needed to be done to dampen down rampant speculation.Not that this should impact SMT per se but there's the tsunami effect.

[gargleblaster] 24/2/2021 09:53

Article in Telegraph today. A number of IFA's are advising clients to buy smt give the 5% discount to nav, pointing out that it is a rare opportunity, paticularly since normally when it happens the managers buy stock to close the gap.

[ali47fish] 24/2/2021 09:44

steeplejack do you see any opportunity to add here or is it too early- the nav is down some 3pc