What is going on today? - Megathread

Of course spot on, my buys mostly have been absolutely spanked tech ETFs and chip ETFs.

I have no idea where the bottom is so will continue probably buying all the way down and reassess once we see a sustained bounce.

Some investment trusts also took a hammering, so will look to add there too.

I missed RRs tanking, 11% in a day, this isn’t normal.

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With interest rates tipped to go lower more sooner now that will likely push fund managers into stocks faster than waiting on the sidelines. It is okay still getting 4.5% or 5% on cash but 4% or 3.75% is not appealing at all. So moves will be made over the next two weeks to get ahead of the curve.

Some safety is in bonds but I don’t rly know the different types or how to capitalise into them for this period of change. A 60-40 portfolio looks good for now.

If it goes lower it’ll be a circuit breaker day.

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Hey everyone what websites do you see this again.
I’ve never tried it, thanks.

T212 do this for your portfolio now which is actually pretty useful.

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O is it only us stocks… is there a uk one ???

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If you go on the maps part you can see the world market it’s all red …

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If you use the screener tab you can then use the drop down to filter for the uk

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You can use the screener tab to filter for the uk

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Thank you kind one :slight_smile:

In a perfect world yes. In reality proposing large unfunded tax cuts paid for by public service cutbacks / managed decline to ā€˜allow pensioners a proper income’ doesn’t really resonate with me I’m afraid. :backhand_index_pointing_down:

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Well im 53 and havent got that amount sitting around all tied up and will only be seen when i have met my maker … which isnt fair as i would have some really good investment ideas !!

This implies you do have this wealth but wont realise it till your death (or your benefactors will realise it) Is that right?

Im in the 35 to 44 category and my wealth far exceeds the stated amout but I wouldn’t say im well off. Most of it is tied up with no ready access.

I wasn’t talking about pensioners in particular. I’m thinking more of low paid workers. More money in the pockets of low paid workers boosts spending and is good for the economy.

Currently 4-5% drops across the board in the states for the index futures.

Could be bargain basement again tomorrow? Trouble is I thought that on Thursday, then Friday and now Monday…hmmm.

Time to buy Is when it feels the most uncomfortable and fearful, that time has to be about now! :rofl:.

GL all and stay strong, don’t panic sell if you don’t need the money, markets recover given enough time.

For context the Nasdaq has fallen 22.7% already from it’s recent high, not including anything tomorrow, bear market currently.

S&P 500 fallen 17.4%, could slip into bear market by tomorrow end.

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What’s good for the UK economy are:

Homes that offer a lifestyle.
Bonuses or company dividends paid for all workers’ successes.
Healthy food prepped and sold everywhere.
Health checkups for contributing citizens.
Less working hours, 40-50 per week is good enough.
Roads revamped to eliminate harsh traffic.
Property regulations changed to allow building 1 story higher.
1 million extra detached homes built !!!
Childcare revamped.
Education system revamped.
Finance, children, business all taught young at school.
Huge sugar tax.
Home gyms taken into account for new builds.
Elimination of the House of Lords.

Basically pretty much almost everything. Going up against these muppets who historically own 200 acres and sneakily hide some in trusts, make out that ground nesting birds protect the other parts and then counter attack strike by fleecing other parts of their land with acres upon acres of money grabbing greedy solar panels to fill their own pockets instead of having pro-active beneficial properties built to ease the housing crisis is probably rule number 1 in changing this country for the better.

These people are like HERE HERE WE NEED MORE HOUSING… BUT NOT ON MY 200 ACRES !

I travel the whole country and even today I can assure the UK public that Somerset has enough land to build desirable homes. It’s just Lord whateverhisnameis has spent generations making sure that land is hidden beyond belief from ever helping society. Bar any farming that is done. Of which the hard work is typically done by somebody else through a lease agreement whilst the land owner travels Bora Bora on the proceeds living far beyond his own skills actual means.

Imagine 30% of the UK population who own property & land outright through inheritance or whatever means, having to pay todays price for what they own through working a job… the Ā£1.25million average looking 3 bed detached home in the south being purchased on a Ā£55k a year salary… yeah okay… There must be a growing group of people living more in fear that if they lose what they’ve got they’ll never actually be able to buy it back.

The UK is simply not a place to come and create the British dream.

Spain
Portugal
Mexico
Thailand
And probably another 5 countries have realistic dream lives that can be achieved by 5-10 years of hard work.

Go and work your butt off for 5-10 years in the UK and come back and tell me you are now mortgage free, living well with free time and disposable income, enjoying family life with great healthcare…

Similar is happening in America it’s just there is more space which slows down the realisation of what is happening.

It is painful how stupid many presenters are in the mainstream. Julia Hartley Brewer on TalkTV constantly stating the issue is that young people do not work Saturday jobs which is what’s causing them not to have enough money to afford a home… like back in her day… is she so thick to not realise that a Ā£10k salary to buy a Ā£25k home is wildly different to a Ā£30k salary to buy a Ā£450k home…??? It hurts how right she thinks she is. All you have to do is worker harder you lazy young person… omg it’s painful to hear somebody speak such nonsense.

The stock market will have to at some point face reality that life itself even for the hardest working has gone beyond being very very very unsustainably hard and AI may not take over soon enough to create actual value before things collapse. And by collapse I mean not far off from where things are currently.

I genuinely believe one of the only solutions to save everything is for more people to get incredibly more skilled. Because you don’t need lots of money when highly skilled people do favours for other highly skilled people.

Apologies for the rant. But I’m right. There’s far too many people talking as a job rather than getting properly skilled to help people!! And don’t get me started on the trillions hidden in tax avoidance islands.

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An opinion worth as much as you paid for it… Anybody agree / disagree?

This week April 07 - April 11 retail investors begin buying larger into the market.

This same week the market continues its falls.

Retail investors then capitulate much faster than 2022.

April 14 - 18th the market stages a low level rally but fails and goes flat.

April 21 - April 25 major funds & investors increase their longer term positions into this new environment and trading moves on from there at a much more normal trajectory than the previous 5 years.

All time highs in the S&P 500 not seen until 2027.

To understand why we are where we are post your ideas on social media and study the responses from Facebook boomers. The generation pandered to by politicians for years.

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If you are using pounds to buy those dollar shares take into account the exchange rate change. It appears to me that the US admin wants a weaker dollar. Makes sense as it will make US goods (exports) attractive and for US consumers imports more expensive. Notice the tariffs are not reciprocal they represent the trade imbalance. Side note: trade imbalance is not necessarily a bad thing … but it is a nice thing to push around especially if your rallying cry is the ā€œpopulistā€ vote. But this is a discussion for another day.

The upshot is that even if the market doesn’t fall further but the pound strengthens you will be able to buy US stocks at even more attractive prices.

The trade-offs are sector by sector. But one plausible scenario is that the US markets may take a smaller share of the international investable market. If so then one will be ultra cautious about S&P 500 investment. Still a world index makes sense.

Of course if you are a betting person and fancy your chances you could put all your money on one number and win big.

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Holy fuck man it’s getting brutal it’s ok if you have cash lying about to buy in. I’m not using the money I store on freetrade to pay for the account because I can’t stand by and not buy in at these prices. Knowing they will probably keep falling.

If I have to use the 3k I will but then I’m out of gas so I’m drip feeding it.

Currently since I began investing I’m up Ā£188 when I was up Ā£3.2k.

And I’m working the most hectic section today and struggling to watch markets.

How you all feeling?