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FTSE / DOW YTD

Good Morning.

The Papers

Theresa May’s Brexit deal crashes as EU ‘turns off life support’

Armistice Day centenary remembered

Good Morning.

The Papers

Good morning!

Morning all.

Good morning

Woodford not doing so well

He flogged LLOY.

Beginning to wish I had.

I should go through what he's flogged in detail but it looks to me from a quick scan he's flogged the highly liquid stock he hadn't lost too much on.

Leaving him left with a pile of crap he keeps doubling up on.

I have concluded alot of the stupidity in the market over the last 2 years is down to Woodford. He sucked in a huge amount of PI money and has done a pretty poor job with it. The good stuff he did buy he invested too early and now he's gone and flogged the good stuff.

I know he had BLND as well. The chart is ridiculous. I hadn't bothered to look yet but I bet he's got Aviva.

I can see the redemptions going on and on.

My wife believes in redemption.

That is her excuse for me being still alive.

Morning. Better day hopefully

Good Morning.

The Papers

Good morning!

Good morning

Morning All,

GBP Average Earnings Index 3m/y 3.0% 3.0% 2.8%

GBP Unemployment Rate 4.1% 4.0% 4.0%

GBP Claimant Count Change 20.2K 4.3K 18.5K

Brexit: UK and EU 'agree text' of draft withdrawal agreement

Good Morning.

The Papers

Good morning!

Good morning

Morning all...and Mojave users 🆗 😁

European shares fall as growth angst and oil gloom

GBP CPI y/y 2.4% 2.5% 2.4%

GBP PPI Input m/m 0.8% 0.6% 1.3%

GBP RPI y/y 3.3% 3.4% 3.3%

GBP Core CPI y/y 1.9% 1.9% 1.9%

GBP HPI y/y 3.5% 3.3% 3.2%

GBP PPI Output m/m 0.3% 0.2% 0.4%

I'm not really a follower of AIM stocks too much as I never got the hand of making good money out of them. I have a couple, but picking the good ones out of a sea of often dodgy accounting isn't easy.

It seems to me the fizz is coming off it. I don't know whether this is PI's selling or small cap funds facing withdrawals but some of the moves recently seem pretty vicious.

Which is leading me to think distressed sellers and bargains. I don't think we've hit the bottom yet on AIM, might not get there until Feb/March. Waiting and watching.

USD CPI m/m 0.3% 0.3% 0.1%

USD Core CPI m/m 0.2% 0.2% 0.1%

Decent buying on LLOY today. I'm up for 60 today.

hmm. Best go back to my cave on LLOY and come back at Xmas

CC.
Before I went out for 5mins leaving you in charge of LLOYs it was doing well and I had a smile.

Now I have come back.

What have you been doing?

How many millions have sold?

==-=-=-=

As I was driving around and thinking of the B. market I wondered if one could make a game out to sell before XMAS called THE MARKET.

Something like Monopoly.

But even in that game, there are repeatable patterns and strategy.

The marker is directionless or aimless as the government.

I dont have any Lloyds but that 60 hump is going on a bit I must say.

I blame Woodford. Has he got any LLOY left or is he still dumping them to fund all the redemptions.

Good Morning.

The Papers

Good morning!

Good morning.

Morning all.

GBP Retail Sales m/m -0.5% 0.2% -0.8%

Brexit latest - Reaction as Raab quits

A bit of a blood bath - particularly for the banks and insurance companies.

McVey gone now. Can't even see any point in a parliamentary vote. Where do we go from here?

or

Probably a General Election?

I don't think T. May is brass necked enough to continue, and the cons are in so much disarray and are at one another to much to form a legitimate government.

Is it a farce or a catastrophe?

=--=-=

Pound off its lows.

Some odd climbers in the midst of the carnage.

MER +3.6%.

LMI +5.6%.

TET +5.4%.

mer up on 3 shares at 8:48
tet 12 shares at 8:48
LMI partly on fall in cable?

May is doing a really good job in Commons but I'm struggling to see how she survives

Really good..in what way CC?

.

In the way of not crumbling under the pressure..

Not a great day here. Too many Brexit focused stocks.

Anything could happen in the next 24 hours

But she’s the Prime Minister so that’s the very minimum to expect surely?

Morning all.

Good Morning.

The Papers

Who wants to be Britain's next prime minister?

Wellllll...I could be interested depending on the wages and conditions I suppose.

Good morning!

Good morning

At the moment, have we got a PM.?

How Raab tripped on 'Barnier's staircase'

Eurosceptic ministers agree to stay in May's government - Sunday Times

How much has all the "toing and froing" by economically conscious T. May and cohorts cost the UK public, by flying back and fro from Brussels and other places of tourist interest on the pretence of negotiating the Future of the UK.

She seems to have used a lot of fuel and contributed enough to climate warming and pollution.

I wonder if she is looking for a "bolt hole" to spend her future in.

PS

CC. Would you like to buy a few of my TW, BARC and LLOY shares?

Going cheap!

The problem I have is that I may not last long enough to see them recover.

8-)

Perhaps we should start a new thread Fred titled "dog of the day"

I'm struggling along here. I am actually up this month but RBS is really hurting me. It was my third biggest holding. It's my second biggest holding based on investment value but fifth largest based on current value.

The market clearly lost the plot yesterday and the selling was inconsistent and more about selling than the price. Today we see a little more reality although the banks continue to fall in a way I find excessive. Clearly my opinion is worth nothing though to the city boys who are taking my money off me.

I sympathise with you, what can we do when the market is so pessimistic. There again if VOD is paying 8% dividend maybe the banks are too high?

I am waiting for the political storm to pass. I don't know what Rees-Mogg is playing at. He may or may not have 48 letters but I do not see how it any way in a vote 150 MPs are going to vote against Theresa May.

It's not been much fun since May. Market just keeps falling and falling. I'm still 100% invested apart from some money that I have set aside to invest in bonds. I have been saved though as my two biggest holdings are up this year. Further if you set aside NMD which is up 56% this year, everything else adds up to more or less zero. With the FTSE down 10% this year I guess me being up at all is something to be grateful for. If it ended the year where it is now I'd probably take that. I really don't want to see it lose 6850 as the chart looks horrible below that.

LLOY, BARC and TW. are fine companies doing a decent enough job for their shareholders. Just getting bashed like everything else. MTRO at £21, PAG at £4, CCFS at £2.70. It's all cheap but that won't stop it getting cheaper.

Here's one I started 5 years ago.

UK business backs May's Brexit deal but plans for the worst

Dow on a mission. Feels like it's forcing UK banks stocks up against their will

cc.

I think we are on different sides of the fence regarding Brexit, which I think will continue to bounce the market around for next 3-6months or depending on government's decisions and of course Trump's behaviour.

I have to admit I have been doing well over the last 6-7 years, but have had a clobbering since April this year.

Mainly due to holdings of Banks and Construction area with a scattering of high div smaller companies. (Why will I not learn to do as I think sometimes, as I almost cleared the deck in April. Greed got in the way.)

Looking at my holdings I think they have enough "cash" or "earnings" to withstand or survive the possible "expected" 4-5% economic downturn if Brexit goes ahead.

Don't know, but I have guaranteed one of my daughters investments at their April's valuation.

I won't be able to buy my own tombstone if I am wrong again.

C'etait la Vie.