TRADER'S CORNER

Thargor · 30-06-2017 10:45PM

Im going to buy 10k worth of Alphabet GOOG on Monday after the recent pullback I think, should have done it years ago. Ill probably do the same for Amazon. Any thoughts?

nuac · 30-06-2017 11:27PM

You have the British advice - Sell in May and go away, buy again on xxxxxxx Day.I forget the name of the day )

I can't remember the US advice, except that the major players spend summers on their yachts and beach-condos, buying again in the fall.

Therefore maybe you could afford to wait until Autumn before investing,

Wars usually broke out in autumn. The men had to gather in the harvest ( very labour intensive back in the day ) before heading off to war.

Then of course several crises and crashes occur in October. That is a bad month for investing - as November, December, January February etc etc

ixus · 01-07-2017 12:26AM

St.Ledger's day. (Buy again)

Thoughts.... all the upside is/was priced in.

The big risk to US tech is a trade war with China. Ban iphones etc.

In 24 hours, the US has sanctioned a Chinese bank for NK links, sold arms to Taiwan, muted trade tariffs on China. The US has also been threatening South Korea on trade talks.

Trump has zero friends and is running out of allies. Fascinating to watch.

wordofwarning · 01-07-2017 01:05AM

ixus wrote: »

The big risk to US tech is a trade war with China. Ban iphones etc.

My understanding is the risk with tech is that the S&P500 has very little growth in it. It is full of flat lining/declining companies like Kodak, Macy's, Oil companies etc. Investors/hedge funds see FAANG stocks like Facebook, Apple etc with massive growth and potential. So they are pouring money in firms that are rapidly growing. When you have indexes full of dying companies, rapidly growing ones like Amazon seem super attractive

A lot of the trades are computers using programs and buying FAANG stocks based on the algorithms. The big risk to tech stock is that the 'growth' never materialize. People are buying massive premiums in hope FAANG stocks are continue to be a massive success

Thargor · 01-07-2017 02:33PM

ixus wrote: »

Thoughts.... all the upside is/was priced in.

Yep, thats what always makes me hesitate on the Buy button, back to procrastinating I go...

BrokenArrows · 03-07-2017 04:07PM

Whats the current thought on gold.
Its hit resistance at 1294 twice in the last few months and retreated to around 1218. Its back towards 1224 now and still going down.

Will it hit support of around 1218 again and go back up?

nuac · 03-07-2017 08:31PM

I recall when the price of gold had sunk to below $300 an ounce. The recovery took many years. In the meantime many of the small explorers sunk or had to allow a stronger company farm-in.

I don't know what the future holds goldwise, except that the prudent advice is that every portfolio should include some gold.

wordofwarning · 03-07-2017 10:27PM

nuac wrote: »

I don't know what the future holds goldwise, except that the prudent advice is that every portfolio should include some gold.

Warren Buffet does not see the point in it. You don't get a yield from it. Or as he calls it 'utility'. I can see why people invest in it, as it is hedge against volatility. When the market tanks, people buy it as a safe haven asset. I would hazard a guess, that Buffett hates it also for the simple reason he value invests for the long term. A market tanking is not a concern for him, as it is not a concern as part of his investment stragety. He does not care about the market sinking and rising, as he is investing for the next 30-40 years and not concerned about hedges in the short term

On the other hand, George Soros buy golds and gold miners regularly. He was wrong about Brexit though (as though, I think he can be forgiven).

The problem with Gold is that the price is influenced by oil too. Oil is expected to flat line for years to come. So it is hard to predict how oil will involve the gold prices

13-07-2017 11:28AM

https://www.google.ie/search?q=carillion+share+price&rlz=1C1GGRV_enIE751IE751&oq=carillion&aqs=chrome.0.69i59j69i57j35i39j69i59j0l2.3814j0j7&sourceid=chrome&ie=UTF-8

Carillion were on floor yesterday.
I reckon there's a bit of room for upword movement here

60p/share at time of posting

jon1981 · 13-07-2017 12:05PM

Augeo wrote: »

https://www.google.ie/search?q=carillion+share+price&rlz=1C1GGRV_enIE751IE751&oq=carillion&aqs=chrome.0.69i59j69i57j35i39j69i59j0l2.3814j0j7&sourceid=chrome&ie=UTF-8

Carillion were on floor yesterday.
I reckon there's a bit of room for upword movement here

60p/share at time of posting

:eek:

UBS said Carillion was at risk of further share price deterioration should its support services operations also face tough trading conditions – a prospect which could materialise given recent comments over a slowdown from others in the sector.

The bank said the share price could slump as far as zero in this scenario.

http://www.telegraph.co.uk/business/2017/07/12/no-signs-let-up-carillion-share-price-slide-continues/

13-07-2017 01:12PM

To be fair "The bank said the share price could slump as far as zero in this scenario", if xyz happens any companies share price could slump to zero

BrokenArrows · 14-07-2017 02:54PM

BrokenArrows wrote: »

Whats the current thought on gold.
Its hit resistance at 1294 twice in the last few months and retreated to around 1218. Its back towards 1224 now and still going down.

Will it hit support of around 1218 again and go back up?

On its way back up now. Got in at 1221, it went down to 1205 on the 10th.
Up at 1231 now, looking for it to head up to 1270.

18-07-2017 11:17AM

Augeo wrote: »

https://www.google.ie/search?q=carillion+share+price&rlz=1C1GGRV_enIE751IE751&oq=carillion&aqs=chrome.0.69i59j69i57j35i39j69i59j0l2.3814j0j7&sourceid=chrome&ie=UTF-8

Carillion were on floor yesterday.
I reckon there's a bit of room for upword movement here

60p/share at time of posting

75p now, 25% in 5 days

bigronnie9 · 18-07-2017 12:11PM

Augeo wrote: »

75p now, 25% in 5 days

I actually bought a very small amount of these the other day after your post/reading into carillion online. I have been researching investing etc lately and was going to dip my toes into ETF's etc but haven't yet... But i had set up a DeGiro account and put some money in it so said feck it I'd buy a small amount and use it as practice to follow the company's ups/downs and news etc

Have to say its an interesting exercise, seeing how news stories/announcements can effect the shared prices! I figure its a good start with an amount i'm happy to lose for the sake of some practice tracking a company's prices

18-07-2017 01:19PM

............ the take away with Carillion is that they were being shorted for over a year but their own books etc looked good.

I read somewhere you'll never know enough about a company to decide if they are worth investing in

kenyard · 18-07-2017 09:24PM

anyone have any good templates for how to manage from accounting perspective?
I started this a month ago and have closed a few positions already.
Im with degiro.

19-07-2017 07:56AM

kenyard wrote: »

anyone have any good templates for how to manage from accounting perspective?..............

I use excel with the following columns..........

Share
Date Bought
Quantity
Cost
Total
Date Sold
Sold for
Profit

Than have a column for dividends and a summer for any CGT due that year (basically profit or loss from each closed position that year summed) ........=((total that year)-€1270)*0.33 ............. total that year would be just positions closed that year.

bigronnie9 · 19-07-2017 11:28AM

Augeo wrote: »

I use excel with the following columns..........

Share
Date Bought
Quantity
Cost
Total
Date Sold
Sold for
Profit

Than have a column for dividends and a summer for any CGT due that year (basically profit or loss from each closed position that year summed) ........=((total that year)-€1270)*0.33 ............. total that year would be just positions closed that year.

This is very helpful thanks.....just one stupid question....why do you take the €1270 off the years profit before calculating the CGT? Where does that 1270 figure come from?

Apologies if thats a ridiculous question, I've only started at this and most of what I've read so far has been US based/centred

michaelp97 · 19-07-2017 11:43AM

Just wondering if anyone has experience trading with a brokerage like e.g Davy's, how does trading compare with degiro or cfds, can you log on and trade online in Davy's or do you have to ring them up each time asking to place a trade for you?

callaway92 · 19-07-2017 12:08PM

Have seen a couple of big purchases in Nokia OPJ shares today in work.

Something worth looking into? Savvy clients doing the purchases too. . .

Share price stagnant since May so I'm curious.

BrokenArrows · 19-07-2017 12:32PM

bigronnie9 wrote: »

This is very helpful thanks.....just one stupid question....why do you take the €1270 off the years profit before calculating the CGT? Where does that 1270 figure come from?

Apologies if thats a ridiculous question, I've only started at this and most of what I've read so far has been US based/centred

Your first 1270 profit is capital gains tax free per year.
http://www.citizensinformation.ie/en/money_and_tax/tax/capital_taxes/capital_gains_tax.html

nuac · 19-07-2017 12:50PM

callaway92 wrote: »

Have seen a couple of big purchases in Nokia OPJ shares today in work.

Something worth looking into? Savvy clients doing the purchases too. . .

Share price stagnant since May so I'm curious.

Great company in their day. Their first mobiles were easy to operate. Many held onto them for years because of reliability and ease of operation.

There was something about them on early morning wireless but missed it.

Hope they are getting their second wind

19-07-2017 02:01PM

nuac wrote: »

...........

Hope they are getting their second wind

"...upcoming Nokia flagship, the Nokia 8. The device will be the first Nokia-branded Android flagship"

https://arstechnica.com/gadgets/2017/07/hmds-first-flagship-nokia-phone-the-nokia-8-gets-pictured/

A rival to the OnePlus 5 rather than the iPhone seemingly.

callaway92 · 19-07-2017 02:50PM

Augeo wrote: »

"...upcoming Nokia flagship, the Nokia 8. The device will be the first Nokia-branded Android flagship"

https://arstechnica.com/gadgets/2017/07/hmds-first-flagship-nokia-phone-the-nokia-8-gets-pictured/

A rival to the OnePlus 5 rather than the iPhone seemingly.

Interesting.

If the quality of the phone is as good as potential prices it could be a very good phone beneath One Plus. Possibly one for the older generation.

kenyard · 19-07-2017 08:01PM

callaway92 wrote: »

Interesting.

If the quality of the phone is as good as potential prices it could be a very good phone beneath One Plus. Possibly one for the older generation.

500 quid. Fairly interestingly priced so. It's a huge market to get into. I like the camera being a zeiss. They need to break the market. Even at small profits first. Remake the name and then go for it. I'm going to look into this one.

20-07-2017 09:25AM

Nokia would be able to get the phone out and retailed worldwide, I never considered a oneplus due to the way you buy them. Although I sat next to a lad in my last job who had one of them and spoke very highly of it.

Now, Nokia shareprice wise I have no idea :pac:

callaway92 · 20-07-2017 09:38AM

Augeo wrote: »

Nokia would be able to get the phone out and retailed worldwide, I never considered a oneplus due to the way you buy them. Although I sat next to a lad in my last job who had one of them and spoke very highly of it.

Now, Nokia shareprice wise I have no idea :pac:

As someone said above though - They have to move away from the Nokia/Alcatel name and give it something fresh anyway. That'd be massive - Complete rebrand and just hope it takes off

BrokenArrows · 28-07-2017 04:25PM

BrokenArrows wrote: »

On its way back up now. Got in at 1221, it went down to 1205 on the 10th.
Up at 1231 now, looking for it to head up to 1270.

Gold is up at 1270 now. I think it has the legs to go to 1290 soon, maybe even 1300 but ill have to keep an eye on it.

LG1234 · 30-07-2017 12:37PM

With the dollar weakening against the euro, is now a good time to buy the S&P500?

BrokenArrows · 01-08-2017 05:37PM

BrokenArrows wrote: »

Gold is up at 1270 now. I think it has the legs to go to 1290 soon, maybe even 1300 but ill have to keep an eye on it.

I decided to get out now at 1272. Seems to be struggling to get above the 1270 area. Ill take my profits now and wait and see what it does.

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