Thanks very much, us tech sector looks good. I hadnāt seen that. Will take a look Into it @SecureHttp
Went into the green this morning now back into the red. Used the small rally to cut myself from some positions and reinforce others.
Disclaimer : This is my own thoughts, research and guidance to one self. Please do not take this advice without doing youāre own research and neither is this guidance into buying correct stocks and instead see this as entertainment purposes.
Now that I got the disclaimer away I can sit down and sit a nice cup of Joe.
With the current trend that we been seeing is that DOW industrial average varies from 20-23 ( Thousand) mark. With that being said we are currently seeing a new bull market trend (07.04.2020). So what does this mean?
Well simply with the entire world economic system, every country has implemented its own injection system for example America injected 2 trillion while as Japan is in talks for another 1 trillion Injection.
With help from the government we wont see companies fall under the hammer and this also means a nice discount for buying shares, smart investors will be buying companies in such sectors as Tech, Industrial, Food while as others may want to be risky and go for Flight industry and travels. Of course over long term we will see flights we will see the glorious sociability at the pub and retail shops opening but not now. With this crisis going on we could possibly see several hundred business say ācash-lessā only and this means those machines that we enter our pin or just tap they will receive a small percentage of that money usually 0.05%-0.075% (visa debit) which may not be a lot but its 100% profit. Companies such as Visa, MasterCard are a named few which will rise a lot in the long term as we see a cashless society risen.
Other question is ( based in the UK) we will see alot of people out of jobs and or no money or little money. This would mean people who have been impacted alot from this crisis we try to save money as much as they can which will shift consumer behaviour from whole foods (home cooked) to cheaper alternatives such as McDonald Dollar menu or even KFC saver menu, bare in mind it is also the monopoly game in the UK too so its a better reason why people will try to get those 99p fries from Mcdonalds.
Lastly, I noticed a trend in that builders are still working with large machines meaning the industrial area still is in at work so I suggest if you got money in youāre budget have a look at construction companies.
Now that is all I have to say for now, I do see a lot grammatical errors but this again is for entertainment purposes to help you in youāre short and long term investing strategies.
Stay Safe
Lord Investor
I find it interesting to think who is on the other side of the trade, and why are they thinking that way. One of us is probably going to regret itā¦
Five Insights from John Thomas
Iāve been waiting on this post all week PJ So buzzing to see what his take on these market events have been!! At first I was skeptical but now I take notice for sure
Thanks for sharing.
The newsletter touched upon this which is - like many other things - are very worrying indeed:
Mortgage Defaults are Up 18-Fold.
People canāt even get through to their banks to tell them they are not going to pay. This is the next financial crisis. Fannie Mae and Freddie Mac are going to go brokeā¦.again.
Regulator says US mortgage guarantors have sufficient resources for about 12 weeks
https://edition.cnn.com/2020/04/07/health/ihme-updated-covid19-model/index.html
ā¦the newest version of the model underscores just how important social distancing continues to be: It assumes that those measures ā such as closing schools and businesses ā will continue until Augustā¦
Weāre going to need a bigger boatā¦
Impressive
For this crisis, positive side is that there are so many best and brightest of world are trying to find solution, relief. With this effort I hope we get some way forward soon.
Welcome to the forum Lord. On your point about construction companies, I believe many have now voluntarily downed tools and the remainder are experiencing supply chain issues so may not hold out much longer. I know from personal experience trying to get my hands on some sharp sand is proving difficult! Knight Frank have been the first Estate Agents to estimate the impact on the construction industry and estimate a 40% reduction on completions in 2020 vs forecast with only a 5% upside in 2021. I for one canāt understand the recent rally in house builders share prices and took the opportunity to pull out of my position in Persimmon at break even - unfortunately Iām still 30% down on CRST!
I donāt get your reasoning, how is it a KFC/McDonald are cheaper than home cooked food?
To be honest, if youāre living and cooking for yourself, eating fast food everyday is definitely cheaper.
Surely that only works if you buy the components for each meal separatly. eg. if I buy a bag of rice for each meal I make with rice, then sure, fast food is cheaper, but a bag of rice will make a whole bunch of meals. My weekly shop is definitely cheaper than 28 meals at McDonolds or KFC (unless we are considering a single cheesburger or fries a meal), or have I misunderstood?
Edit: I mean 21 meals, turns out I donāt maths so good.
When I was a student I used to make 2 dinners a week each lasting 3 days. A large made from scratch curry typically took me an hour to prepare and 30 mins to wash up and would cost around Ā£10. You wouldnāt get much change out of that for just the meat and sauce in my local curry takeaway for one. I suppose if you lived on a large portion of chips for 3 or 4 quid it would be cheaper. But you might not live long enough to see your retirement.
Yes. If you have a different meal every day, then itās quite expensive. I spend at least Ā£8 per dinner that I prepare myself. Fresh everyday. If you prepare food for multiple days, that brings down your costs considerably though.
I physically cook a fresh meal every day, but usually using ingredientes I bought in bulk, eg: a few potaoes or a cup of rice from a larger bag as opposed to the student method of cooking a massive pasta bake for the whole week.
maybe I need to cook more adventurously
If youāre really spending Ā£8/day on a dinner thatās an equivalent of a Ā£6/meal McDonaldās trip then you are doing something very wrong.
Either youāre being very wasteful, or the quality is several orders of magnitude better than a fast food effort.
Speak for yourself. Ā£8 per dinner is very expensive especially for one person. Are you comparing organic to fast food? Even a sirloin in Asda (extra special range) is Ā£4, potatoes and beans/veg no more than a Ā£1. Thatās not generally a daily meal for most.
80/20 in the supermarkets is under Ā£2. home made burgers with brioche rolls toasted in butter will knock any fast food joint crap out the park. so Ā£1-Ā£1.50 per home made burger depending how much you want to jazz it up, sides etc.
start cooking things like bolognese, curries, chillis and the costs way go down. we cook all our food and on average our cost per head is probably Ā£1.50-Ā£2 per meal for the weekday general dinner. but then we donāt stuff ourselves. currently our meals are costing us less than 50p per head as our local supermarket is basically giving food away with all the yellow sticker reductions. freezer is jam packed with produce
this may be NSFW but going to work is NSFW soā¦