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Hoping for sh1te retail results over christmas to lower the stock market

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    Hoping for sh1te retail results over christmas to lower the stock market

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    Last edited by Jeff Maginty; 7 June 2022, 18:25.

    #2
    Originally posted by Jeff Maginty View Post
    Dooooooooooooooom!

    I hope the retail results over Xmas turn out to be sh1te when they are announced in the new year. I need the stock market to fall about 10 percent so I could then invest some money for a cheaper price before the ISA/tax year ends. What hope have I got?
    A lot of it will depend on the US fiscal cliff thing. I prefer to short while the market is going down but I'll never hope for doom to happen...

    When investing or trading the word 'hope' should not be present in your strategy :/
    "Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon Musk

    Comment


      #3
      Originally posted by Jeff Maginty View Post
      Dooooooooooooooom!

      I hope the retail results over Xmas turn out to be sh1te when they are announced in the new year. I need the stock market to fall about 10 percent so I could then invest some money for a cheaper price before the ISA/tax year ends. What hope have I got?
      Leave it in cash ! Then you can be like me and have a big dollop of cash earning sod all and waiting for FTSE100 < 4000.

      Tulip UK retail results won't effect the FTSE100/250 much, so don't hold your breath.

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        #4
        FTSE100 has very little to do with UK retail.

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          #5
          ..
          Last edited by Jeff Maginty; 7 June 2022, 18:26.

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            #6
            Same reason the EURO has been rising and gold has been tanking- seems to be defying all the fundamentals. Who knows?
            "Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon Musk

            Comment


              #7
              Originally posted by Jeff Maginty View Post
              Problem is: my money is in savings accounts at the moment, maybe even earning less than the dividend yield on the FTSE100. I had been expecting the market to be lower by now what with all the bad news coming out about UK/Europe/US economies, and yet the FTSE100 has risen. Shows how little I know! Does anyone know why it has risen recently?
              The belief that money printing and other giveaways and fudges will keep everything propped up for the next year or two.

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                #8
                You've missed the boat, mate; market has indeed bottomed and will soaraway next year as we pull out of recession and Eurozone uncertainty reduces. My LTBH HYP is up 20% according to Google Finance, thanks mainly to AV, LLOY and UU.

                There again, keep an eye on TSCO, (yield about 4.5%) - there'll be a period of uncertainty while it decides what to do about Fresh and Easy and if Xmas disappoints and it dips below about 310 I'd be very tempted to top up.

                HTH.
                My subconscious is annoying. It's got a mind of its own.

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                  #9
                  Funny, I have just been reading this

                  Will we see a Santa Rally this year? | Investment research from Hargreaves Lansdown

                  Which says 18 of the last 20 years the FTSE has risen during December
                  Originally posted by Stevie Wonder Boy
                  I can't see any way to do it can you please advise?

                  I want my account deleted and all of my information removed, I want to invoke my right to be forgotten.

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                    #10
                    Every year lately have we had this, shops are empty at xmas, retail doom, to find the figures come out and they are the same or slightly higher than previous year.

                    People are cutting back about as much as the government, IE not at all.

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