Market collapse happening??

[Stacktastic]

looks like all the markets are down today & a lot of key stocks have gone down 8% plus - could kick off the long coming collapse.

What do we all think?? Just a blip....
 

 

[Shinus73]

All time highs within a month.

[Shinus73]

2 minutes ago, Shinus73 said:

All time highs within a month.

Unless the Fed decide that Trump needs to go and don’t come to the rescue. 

[Stacktastic]

16 hours ago, Shinus73 said:

All time highs within a month.

Yeah, your probably right. Although it might be a sign that it has run its course and people swap to a more safer sector. But I bet if it does start going up all the clones will start buying back into Tesla. Thats good for me as it will crash harder next time & present better value purchases. 

I noticed that Carnival Cruises increased its value at the same level that Microsoft fell. Considering Carnival is a company that is pretty much not running, to me thats people looking for deals & don't know what they are buying? I would not touch Carnival until i knew there would be no more lockdowns thats for sure!!! Having said that it would make a good short term play, but I don't have money too loose. Its too late now I would say anyway. 

I wonder if low valued stocks like Exonn and other safer value dividend stocks/ETF's might replace tech in some way? I see buffet bought BIG into Japanese Logistical companies recently, maybe other world sectors & emerging markets perhaps?? I bet he buys more gold mining on the next quarterly report! I wish I had a mole in Berkshire Hathaway LOL. 

Im new to all this so its highly subjective and not based on anything really other than a hunch.

 

[Stacktastic]

Actually the London SE Carnival is not so high, I might put £500 into it as it looks set to rally I would say!!!
Im definitely not too late. 

 

[MancunianStacker]

Vodafone looks very cheap right now.

Nothing has changed and all back working in the shops too. Awesome yield 

[KDave]

52 minutes ago, MancunianStacker said:

Vodafone looks very cheap right now.

Nothing has changed and all back working in the shops too. Awesome yield 

All the telecoms are extremely cheap, the market is looking at their debt levels and looking backwards, I don't know how much longer it will take before people put "average inflation above 2%" together with the high fixed debt = real infrastructure, that these companies hold and realise they are perhaps the cheapest thing on the market. 

[Roy]

6 hours ago, KDave said:

I don't know how much longer it will take before people put "average inflation above 2%" together with the high fixed debt = real infrastructure, that these companies hold and realise they are perhaps the cheapest thing on the market. 

Would this apply to pubs/breweries too?

As an aside, does anyone else miss @vand and @Martlet contributions to the personal finance section now that it's closed to non-premium members? I certainly do.

[KDave]

26 minutes ago, Roy said:

Would this apply to pubs/breweries too?

As an aside, does anyone else miss @vand and @Martlet contributions to the personal finance section now that it's closed to non-premium members? I certainly do.

Yes I very much miss their contributions, perhaps we need a section for the insane political stuff behind the premium member wall and put these topics in the public bit again.

[KDave]

Pub/breweries are too far down the line in my view in answer to your question Roy, I could be wrong, but the way inflation works is it filters back to the first part of the chain, the first producer benefits the most. Those at the end of the chain (consumer related) will not do well, they will see profit margins fall as they are unable to pass on all the costs accumulated in the chain, and then in turn demand will fall from the consumer due to the increasing costs they can pass on.

[Cornishfarmer]

On 05/09/2020 at 07:44, MancunianStacker said:

Vodafone looks very cheap right now.

Nothing has changed and all back working in the shops too. Awesome yield 

They lost a court case last week, they were trying to save money on what they pay for renting mast sites because of a new code. They thought they could cut rents then put that money into 5G but they lost.    Rents are approx £3.5bn/year.   That may be bit of a reason they have dropped

[Stacktastic]

On 05/09/2020 at 15:09, KDave said:

perhaps we need a section for the insane political stuff behind the premium member wall

I think this section is non viewable by the non premium members. Politics & socio economic chats will always have to involve a certain degree of political opinions as that's involved in the speculation process especially this year! This is especially the case with theories about what happening at the moment as i think a lot of members know (or have an educated guess using 'free thought') how the world is potentially manipulated (a HUGE minority!).  You can see it with the  silver prices, which IMO is a microcosm of the bigger picture. 

I personally think the main sections (like silver deals) should be public and any topics that go off the beat a bit could be moved to that. I think having free speech on a forum like this is a good thing as long as it does not cause any arguments or upsets anyone.

On 05/09/2020 at 15:17, KDave said:

Pub/breweries are too far down the line in my view 

Yes, we saw how fragile the industry is this year also. My main problem with breweries is that there has certainly been a move to shut pubs over the last decade and I think that will continue. Breweries also have huge overhead with production and premises upkeep, not to mention landlords defaulting on rent & all the pubs getting turned into Tesco Expresses (as you don't need planning to do that - loophole). Having said that the spirit companies might be a better bet - diagio or Baccardi maybe, but i guess they have done well over this period, with everyone getting drunk in their gardens. 

[Stacktastic]

I think it's going to be an interesting morning/afternoon - up at 6am rather than 7am. 

It will be interesting to see if people buy if there is a dip in the Nasdaq or go into other sectors??
BP & Shell had a much better day yesterday, might be a good time to drop a bit more cash into them, especially BP?

Interesting to see what happens to the mining sectors if there is a commodities run?
 

 

 

[Stacktastic]

 

[HerculeHolmes]

I see CineWorld have collapsed, they are closing all their cinemas in the UK. I had nearly £5.00 invested in them too.

[RichmondStacker]

28 minutes ago, HerculeHolmes said:

I see CineWorld have collapsed, they are closing all their cinemas in the UK. I had nearly £5.00 invested in them too.

Is that £5 or £500? They haven’t collapsed, they have enough available credit to be closed till next year.  I wonder if it’s a warning to other production companies to not cancel releases and they stay open. 

I sold out last month at 60p for £260 profit to buy into ALBA minerals.  I bought back in at 41p average. Happy to sit on a loss for 6 months rather than give away cheap shares. I’ll top up if it’s under 30p. 
It went to 20p at the first lock down and has been back to £1 twice. 

[Kman]

1 hour ago, HerculeHolmes said:

I see CineWorld have collapsed, they are closing all their cinemas in the UK. I had nearly £5.00 invested in them too.

That's sad, I see in a BBC article it says "It is hoped that the Cineworld cinemas will be able to reopen next year, with staff being asked to accept redundancy in the hope of rejoining the company when theatres open again."

Apparently that's ~5500 jobs 

"In September the firm reported a $1.6bn (£1.3bn) loss for the six months to June as its cinemas had to close because of coronavirus lockdowns."

That's a big old loss

I wonder what the cost is to let their cinemas sit idle instead; presumably quite a bit better since they're doing it but they will still have debt to repay and no income in the meantime

 

[Happypanda88]

I think this article is worthwhile reading to understand the potential market collapse from a different perspective.

 

https://www.bullionstar.com/blogs/ronan-manly/planned-in-advance-by-central-banks-a-2020-system-reset/

[HighlandTiger]

11 hours ago, HerculeHolmes said:

I see CineWorld have collapsed, they are closing all their cinemas in the UK. I had nearly £5.00 invested in them too.

it's not a collapse, its a temporary shut down, simply because there are no films to show. Nearly all studios are putting back their new film releases until at least easter if not later. Even the Bond movie has been put back again.

No point keeping on staff and paying utilities if you have no product to sell.

They'll be open again once the pandemic is over and the films start getting released.

[Paul]

19 minutes ago, HighlandTiger said:

it's not a collapse, its a temporary shut down, simply because there are no films to show. Nearly all studios are putting back their new film releases until at least easter if not later. Even the Bond movie has been put back again.

No point keeping on staff and paying utilities if you have no product to sell.

They'll be open again once the pandemic is over and the films start getting released.

Am i the only one who would love see all classic films again on the big screen ?

Sorry but Hollywierd have not not made anything that isnt pushing the "woke" or "all white straight men are evil" agenda in years

It really is the serpent chewing on its own tail

I would love to see the likes of Godfather 1, Shawshank Redemption, Casino or Avatar again on the big screen with the tech & sounds they have now, but hey what do i know 

[stackspot]

7 hours ago, Happypanda88 said:

I think this article is worthwhile reading to understand the potential market collapse from a different perspective.

 

https://www.bullionstar.com/blogs/ronan-manly/planned-in-advance-by-central-banks-a-2020-system-reset/

I’d say that’s not a different perspective

I’d say that is the perspective

[Stacktastic]

8 hours ago, Happypanda88 said:

I think this article is worthwhile reading to understand the potential market collapse from a different perspective.

 

https://www.bullionstar.com/blogs/ronan-manly/planned-in-advance-by-central-banks-a-2020-system-reset/

I was going to mention ciniworld, but you beat me to it. I think I mentioned in the this thread or another that its a terrible business to invest in, due to technology in peoples homes, its like Blockbuster vs Netflix back in the day. Ouside of discount store chains like Costco & Wallmart I dont think I would want any money in retail?

I personally think it will be a 2 year house of cards, in certain industry areas. That alone could create a cascade if it also impacts other industries (ie pub chains start closing, creating voids for breweries, food sales etc.). They called a reset in Davos this year, so its gonna happen & in some sense is a good thing - bit like a mafia war, but it will be messy as we also have socio-political-religeous/fascist policies on the plate this time and its largely worldwide too. Could make 08 look like a breeze!! Combined with the end of furlough, 100 billion invested in mandatory checks (to fuel the stats) & a stock market that's full of money that will probbaly be needed as housing crashes & people are laid off, its a recipe for disaster. 

I have decided to remove all my money from the markets (assuming they go back up again & break even) apart from a few holdings & will sit on cash as I think it will fall fast and hard, but not sure it will last long? Maybe a few days. I shall probbaly go in on Gold and bitcoin/Etherium, depending how they perform. 

[HighlandTiger]

6 hours ago, Paul said:

Am i the only one who would love see all classic films again on the big screen ?

Sorry but Hollywierd have not not made anything that isnt pushing the "woke" or "all white straight men are evil" agenda in years

It really is the serpent chewing on its own tail

I would love to see the likes of Godfather 1, Shawshank Redemption, Casino or Avatar again on the big screen with the tech & sounds they have now, but hey what do i know 

They have been doing that. My son and daughter in law saw one of the Lord of the Rings films in a Glasgow cinema a month or so ago. 

[HerculeHolmes]

23 hours ago, RichmondStacker said:

Is that £5 or £500? They haven’t collapsed, they have enough available credit to be closed till next year.  I wonder if it’s a warning to other production companies to not cancel releases and they stay open. 

I sold out last month at 60p for £260 profit to buy into ALBA minerals.  I bought back in at 41p average. Happy to sit on a loss for 6 months rather than give away cheap shares. I’ll top up if it’s under 30p. 
It went to 20p at the first lock down and has been back to £1 twice. 

£4.86. Perhaps CineWorld will bounce back? I don't have a clue about reading balance sheets though.

[Abyss]

This morning received this email from my futures broker. Something happening.........