Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.
  • Page:
  • 1

Traders Thread - Thursday 12th June (BARC)     

Crocodile - 11 Jun 2003 21:52

draw?period=1D&action=draw&startDate=10% draw?period=1D&action=draw&startDate=10%

Gold

t24_au_en_usoz_6.gif
fpDJIA.gqplus?511 marketwatch-ss.img?symb=SP500 fpNASDAQ.gqplus?183

marketwatch-ss.img?symb=DAX

S&P &Futures (Click for latest)

globex.png

 Pre Market Futures (7:30)
FTSE +16
TechMark +1
DAX Unchanged

Hang Seng +-

Chart

Nikkei +-

Chart

 DOW -+4
S&P +0.8
Nasdaq Unchanged

 

News Headlines:    U.S. stock markets rallied to a higher close Wednesday powering the Dow to its highest close in more than 11 months

Engineering contractor Jarvis has posted a 37 percent rise in annual profit and says it will get a bigger than expected boost this year from its work to upgrade the London Underground

BAE face serios problems if the lose the Hawk trainer contract which is likely.

Sainsbury have headed higher, lifted by a cocktail of rumours that include takeover talk and the possible early exit of the company's chief executive.

The Competition Commission says it may delay its recommendation on the merger between television companies Carlton and Granada by as much as three months

Panmure, part of German investment bank WestLB, has raised its target for Emap to 960 pence a share from 895p -- its second Emap target upgrade in a week. Buyers looking towards Media Sector, Pearson ?? Investment bank ING recommends switching out of Barclays into Royal Bank of Scotland Credit Suisse First Boston has raised its price target for Vodafone  to 135 pence a share from 125p and reiterated its "outperform" rating on the stock. Deutsche Bank has downgraded its ratings on  ICI and  BOC Group

Calendar

All GMT

 ukf.gifUnited Kingdom (F)inals (I)nterim usf.gifUnited States (Click Flag) euro.gifEurope & World

Thu 12th

Wincanton (F) 28.2m exp. Alba (F), Babcock International (F), Jarvis (F)

Antofagasta (AGM)

Traders Meeting in Sunderland.

09.30 New Construction Orders US:

Adobe Systems (Q2), Heinz (Q4)

13.30 May Import Price Index m/m flat exp. 13.30 May Advance Retail Sales flat exp. 13.30 April Business Inventories +0.2% exp. 13.30 Initial Claims (w/e 7/6) 423k exp.

  
Good Trading!   David@FTSEDOW.com    www.FTSEDOW.com

Bloomberg TV          

Pivot Calculator
weather.gif

Crocodile - 12 Jun 2003 07:48 - 2 of 9

Morning all from sunny Sunderland traders meeting

little woman - 12 Jun 2003 08:43 - 3 of 9

Morning All,

Anyone got any comments about the DOW breaking th 9000 Mark (Only 1,000 off breaking the 10000 mark which I think was where it was when the FT100 was around the 8000? - Can't really remember! Please someone enlighting me!!!!)

Are the Americans that confident in their market?

surfermike - 12 Jun 2003 10:59 - 4 of 9

Speculation about the effects of tax cuts and interest rate cuts are driving the mkt up.
The fed has also openly let the dollar weaken. This should help increase prices. They want to stimulate demand to stave off deflation. The mkt is speculating they will succeed.

little woman - 13 Jun 2003 08:25 - 5 of 9

And what is the British govt doing to help the economy?

surfermike - 13 Jun 2003 08:30 - 6 of 9

little woman,

can you please explain what you mean by that question?

little woman - 13 Jun 2003 11:25 - 7 of 9

It's in response to your comments of what the "fed" & US govt are doing, which is driving up the US market.

So I was hoping to start a discussion on what the British govt are doing that is either helping or not helping the UK economy.

surfermike - 13 Jun 2003 11:34 - 8 of 9

I watch the mkt and how it moves, reacts and behaves. I don't get involved in govt policy or politics. However, as far as I am aware, the Bank of England sets interest rates, and the Chancellor sets taxes and I cant see any major reductions in those in the pipeline( although interest rates may come down a tad). So in answer to your question the British Govt is doing nothing and, therefore, they must think the economy is fine shape and they will probably go about raisng taxes...but not till after the next election ofcourse.

little woman - 13 Jun 2003 11:50 - 9 of 9

So you don't think any of the following has made any difference:

1. The additional burden to companies of the latest increase in National Insurance, increasing the annual Wages bill by 1% with giving anyone a payrise

2. The removing of the reclaiming of tax credits on dividends a few years ago for Pension funds didn't contribute to the pension crisis many listed companies seem to have, which the may or not have to find the money to top up!
  • Page:
  • 1
Register now or login to post to this thread.