Author Topic: Financial news and stock markets.  (Read 81901 times)

January 17, 2016, 11:04 AM
Reply #70
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maybe you were right, who knows. Could you tell us which stocks you chose, or the sector that you favored?
For the moment I didnt buy anything, I think there is still room for the stocks to slide further. For example I talked about Accor, and by the way it kept falling last friday, but at the current price the per is close to 30. It's still very expensive.

January 19, 2016, 11:36 AM
Reply #71
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Well, I hope you benefited from the rebound of the markets to sell your stocks or reduce your equity exposure.
Today the cac 40 gained 1.97%, the dax 1.5% and the stockholm stock exchange 2%.
But since the closing of the European markets 1h ago, the dow jones already lost 100 points. It's probable that the bearish trend may proceed in the days to come.
« Last Edit: April 07, 2019, 11:23 AM by scarface »

January 19, 2016, 03:00 PM
Reply #72
Well, I hope you benefited from the rebound of the markets to sell your stocks or reduce your equity exposure.
Today the cac 40 gained 1.97%, the dax 1.5% and the stockholm stock exchange 2%.
But since the closing of the European markets 1h ago, the dow jones already lost 100 points. It's probable that the bearish trend may proceed in the days to come.

I forgot to move my banklogin to my new phone, so I cant log into my bank for a few day. Pray for the stockholm market to stay the same  ::)
« Last Edit: April 07, 2019, 11:24 AM by scarface »

January 19, 2016, 03:54 PM
Reply #73
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Well, I don't really know the stockholm stock exchange. The reason is simple, I can only buy shares listed in the Euro zone. I'm doing some trading for own account during my spare time, but it's rather difficult. Last year I have earnt some money till september. I had no losing trade. And because of only one trade, I finally ended up as a loser. Well, at the beginning of this year I earnt some money that exceeds last year's loss.
I worked for some time in finance, and I know that for 95% of the non professionals, the only winner is the broker. The stock market is practically a zero-sum game. If someone wins, another one loses. Not entirely though, there are dividends. I avoid the "weak markets", for example the Spanish or the Portuguese markets. In 2014 I had bought some stocks of Banco Santo Espirito, roughly 4000 euros, fortunately I sold before the suspension and the bankruptcy. 2 weeks before the management was reassuring about the health of this bank.

As for the stockholm market, a quick glance at those websites makes me think that this market is a bit expensive compared to the other ones in Europe. However, there are good dividends. The question is: are they sustainable, and I don't know the answer. In any case, I would avoid the investments on the Dow jones and the Nikkei.
http://www.starcapital.de/research/stockmarketvaluation
http://www.nasdaqomxnordic.com/aktier/listed-companies/stockholm

For example, 2 days ago, I was looking at the stock EDF. Its trend is clearly bearish but there is an interesting dividend (8%).
http://www.boursorama.com/cours.phtml?symbole=1rPEDF
Because of its involvement in the Areva case (Areva, world leader in nuclear energy, is on the brink of bankruptcy: http://www.wsj.com/articles/french-government-to-pour-cash-into-beleaguered-areva-1433352569), EDF just announced it was going to revalue its assets, include asset impairments charge in its results, and reduce the dividends. In these conditions, I think that the stock will keep sliding.

January 21, 2016, 07:50 PM
Reply #74
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@Scarface - how is it that a devout pessimist and defeatist like yourself invest money in the stock market? I don't have much money, but if I did I would not invest one cent. There is no difference between playing the stock market and gambling in a casino. Either way the cards are stacked against you.

January 22, 2016, 05:16 AM
Reply #75
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Instead of saying I'm defeatist, why don't you give your opinion on the markets humbert?
I'm pessimistic about the economic situation in the world, that's true. So are the IMF and a few economists.
A few months ago, I was warning about a bubble on the markets, It turned out I was right, you can read again my messages. when I advised to buy vergnet, I was right. Same thing for Arcelor mittal...
In fact I've been overly optimistic since I invested in some biotech stocks in september 2015 that crumbled.
Well, for the moment there is still a big rebound. I missed it, but I'm not buying now. if the markets keep rising by a few percents, I will buy some shorts, once again.

January 24, 2016, 08:22 PM
Reply #76
I logged in today, and looked at everything(not been able to log in for a while) well, a profit on 1.52 SEK(roughly 0.16 euro).. in total.. Thats good enough for me, I can go buy myself a lolipop now.
I managed to get a much better bank deal than I had before, so I have a bank which gives me 0.5% interest rate. Its not the best, but compared to my 0% i had before, its much better. There was another deal for 1.5% interest rate, but I didnt want that because the terms&conditions were a bit meh..

January 25, 2016, 01:57 AM
Reply #77
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So most of them invested in stock markets? I don't know abcd's of stock market and moreover I'm always struck with bad luck with these matters.

January 25, 2016, 05:43 PM
Reply #78
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The dow Jones took a header tonight, losing 1.29%, after some mixed results of US firms were published...




Tonight, I ate at a Pakistani restaurant, and I chose some chicken pakora and some tika masala Shrimps with rice. Certainly usmangujjar and vasudev are familiar with that food.
« Last Edit: April 07, 2019, 11:25 AM by scarface »

January 26, 2016, 10:26 AM
Reply #79
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Tonight, I ate at a Pakistani restaurant, and I chose some chicken pakora and some tika masala Shrimps with rice. Certainly usmangujjar and vasudev are familiar with that food.
Today I had some tikka masala too. One more thing, exam results are yet to come, some of them being poor to worse performance. only time will tell and will it re-spawn another tale is yet to know.