Scottish Mortgage Invest... Share Discussion Threads

[dexter1612] 12/3/2021 10:50

It's 100% a hold for those long, who have already done very well. Day traders take your chances with this volatility...

[arja] 12/3/2021 10:20

hold recommendation is a quite crazy recommendation as it is really saying " I have no idea which way it will move " . I had never thought about link between US bond yields and the nasdaq but seems to be one thing to consider . No sign of a bounce in nasdaq yet today and keeping an eye on bond quotes

[ali47fish] 12/3/2021 10:00

quester tip hold

[arja] 12/3/2021 09:07

googled it and it is indeed a chinese outfit and down a bit today. SMT holding up quite well even though nasdaq futures still falling . must expect a recovery when physical opens .

[arja] 12/3/2021 08:45

sorry but what is Tencent please ? a chinese tech company I suppose ?

[dexter1612] 12/3/2021 08:17

Mixture of Bond Yield and Tencent under pressure in China for this particular share....

[arja] 12/3/2021 08:16

nasdaq selloff probably because of bond yields rising again .US T Bond now down to 157.50 after recovery ran out of steam

[dexter1612] 12/3/2021 07:33

More roller coaster inbound....

[arja] 12/3/2021 07:03

nasdaq trending down overnight and chart suggests it is close to being back on the short term downtrend line and the rally might be over . Hope I am wrong as markets often fool us but good for trading anyway whichever way it goes ! nasdaq futures about 100 below UK closing level at the moment.

[lukeferrari08] 12/3/2021 05:55

Cheers, that does make sense. Perhaps I shouldn't have used the word direct, as I was thinking that the buyback produces more favourable instruments which prompts people to purchase more SMT and despite relative movements of underlying holdings, NAV should climb. Thoughts?

[dickiehhh] 11/3/2021 22:50

No, it's a direct result of underlying stock prices rising. China is up and more stable, TSLA is up, and all the other key stocks are up. It went down because Nasdaq and (-more so) China went down, Baillie did a great job of signalling that they believed in LT strategy with but back but the buy back doesn't change the NAV

[arja] 11/3/2021 21:04

nasdaq now trading at just 16 points below level it was at at 4.35 pm, ie UK close .
Dow came off quite sharply but Russell 2000 now at high for the day and in NOR territory or close to it - quite odd !

[lukeferrari08] 11/3/2021 20:56

Isn't this a direct result of the buyback?

[oldsid] 11/3/2021 20:04

Nasdaq powering up toward close about 2.52 % hope this gives SMT some rise tomorrow fingers crossed people .

[dexter1612] 11/3/2021 16:26

Yeah it's struggling...!

[josh 32] 11/3/2021 16:15

Tesla up 4 percent nio up 6.5 percent tencent up all top 10 holdings up yet this is struggling to hang on to 3 percent

[captain stock] 11/3/2021 13:58

Back to trading at a premium.

[arja] 10/3/2021 20:15

FALLING bond prices did not help the nasdaq that much and I suppose the tech stocks still have lofty valuations and other sectors of the market seem to have better value after the democrats passed the massive stimulus programme . as always , we must just be guided by the charts nd the trend . For some reason ATT was best tech trust today !

[dexter1612] 10/3/2021 19:14

The rise of the retail investor brings with it loads of issues around leveraged buying etc. The one positive is the mass of excess liquidity keeps the fund, hedge and a wee bit more honest than they were before(if that's possible!)...the volatility we have seen in this share and others will probably be the new normal. Watch Bitcoin fly as the stimmy cheques get loaded up!

[hartleyjr1] 10/3/2021 18:35

My point is that there's little point in the fed deciding how much of an affect its stimulus/ MMT is having on inflation if it's focusing on CPI when everyone is putting their $1400 stimulus cheques into their robinhood accounts...

[sf5] 10/3/2021 17:39

Sorry - I always understood the UK CPI/RPI indices are amongst the most rigorously validated in the world! Of course they're not designed to reflect asset inflation - the clue is in the name. They reflect the cost of the average Jo's shopping basket. Not an easy task as there's no such thing as an average Jo nowadays but the index incorporates a raft of goods and services, even including an element of home help, school fees etc for those upper class Jos. Their integrity is also crucial for a huge range of financial instruments/contracts whose pricing they affect. And of course pay and pension indexation in the public and private sectors. (Bear in mind the RPI has structural weakness relative to the CPI in that it's an arithmetic, not geometric, average and doesn't faithfully reflect 'substitution effects' which historically have generated around 0.75% pa difference.)

Just visit the ONS website for more detail.

If you want to measure asset inflation, simply look at house price, stock market indices etc.

[hartleyjr1] 10/3/2021 14:49

It's worse that not representative though isn't it - it's actually meaningless given all stimulus is ending up in financial instruments / assets and is not going into consumer demand?

[oldsid] 10/3/2021 14:44

Yep your definitely right guys .

[dexter1612] 10/3/2021 14:19

The inflation/CPI has been fudged for years, not representative at all Of cold hard facts that are lurking beneath the surface. If you accept that, you can work with it!!