skinny
- 23 Mar 2018 06:17
- 2 of 7
Morning!
In the US last night, the Dow finished down 724.42 at 23,957.89 the Nasdaq down 178.61 at 7,166.68 and the S&P 500 down 68.24 at 2,643.69.
In Asia, the Nikkei was recently down 995.96 points at 20,582.68 - the Hang Seng down 992.54 at 30,078.51 - crude oil traded at $64.30 a barrel and Brent at $68.91.
Gold settled at $1,326.60 an ounce.
Trade well and prosper.
CC
- 23 Mar 2018 10:23
- 6 of 7
So, are stocks in the bargain basement or have they further to fall.
I don't know. Kind of feels like FTSE has had enough of falling but I still the US as too high.
I'm only looking at long term trades now.
I have on my list
LLOY - would like this below 65 but I'm not sure it will get there. Dividend 4.7%
LAND - somewhere around 900 where it was a few days ago. Dividend 4.5%
GNK - Dividend is 7.2% at 460p. I'd probably take something below 450.
Watching OSB. I'd be happy to buy at today's price of 357 but everything is screaming at me it's going much lower.
RBS - sub 250.
STAN - obviously fall out from trade wars. Today's price of 715 seems decent to me but I'm going to wait to see if I can get something beginning with a 6.
Out of all these I like LLOY best.
I did have AV. on the list but I'm not struggling with that. The board are muppets but the financials are good. Should I not buy on principle or should I see business as business.