stock market SOARING
Discussion
there have been a lot of "this is the start of the new bull market" noises over recent weeks.
The problem I have with that is they have greeted every rally over the past year the same way.
Personally I am not convinced yet we are over the worst but still, a move of 1,000 points on the FTSE from March lows to today is quite a surge. Barclays share price up by around 400% in 2 months.
The problem I have with that is they have greeted every rally over the past year the same way.
Personally I am not convinced yet we are over the worst but still, a move of 1,000 points on the FTSE from March lows to today is quite a surge. Barclays share price up by around 400% in 2 months.
I think that people are being "forced" out of cash due to the lousy rates on offer. Alternatives are (amongst others) either property (overvalued), or shares. I would've argued that shares were fairly valued a while back, but current rises seems a tad overexhuberant.
What do others see the current P/E and yield? I see ~20 and ~4.6%
What do others see the current P/E and yield? I see ~20 and ~4.6%
Agree with much of the above;
Early March - began as a bear market rally partly due to 'bad news fatigue'.
Late March / Early April - became a short-covering rally.
Early April / present - rally accentuated by lack of investment alternatives and buying from momentum funds.
Not convinced at all, setting itself up for a big fall (imhaowo).
Early March - began as a bear market rally partly due to 'bad news fatigue'.
Late March / Early April - became a short-covering rally.
Early April / present - rally accentuated by lack of investment alternatives and buying from momentum funds.
Not convinced at all, setting itself up for a big fall (imhaowo).
audidoody said:
WHY OH WHY did I not buy those Barclays shares in January ???
I nearly did too, and I indirectly know somebody fairly senior in Barclays. She was absolutely adamant that they were fine, just at a time when it was being said that all banks were going to be taken-over. I was put off because she seemed to be protesting too much. Boy am I sorry now!
Long Tamiflu producers.
My view it's a blip.
I have an IFA banging on to me about how much i'm going to lose out. Then I remind him of what I did with my cash in August 2007 (pulled out completely and sold all propety). Though truth be told I was a little nervous and wanted to sit on the cash for a while then all hell broke loose. Boy was I lucky.
Now it's in the bank earning a decent rate until July. I'd say in 5 months we shall see what real effect QE has had. More QE maybe or if things have settled rate rises. Markets are currently dealing with a 1/4% rise in mind for the end of the year.
I know very little about buying shares but the markets really have been a scary place to have your money.
I have an IFA banging on to me about how much i'm going to lose out. Then I remind him of what I did with my cash in August 2007 (pulled out completely and sold all propety). Though truth be told I was a little nervous and wanted to sit on the cash for a while then all hell broke loose. Boy was I lucky.
Now it's in the bank earning a decent rate until July. I'd say in 5 months we shall see what real effect QE has had. More QE maybe or if things have settled rate rises. Markets are currently dealing with a 1/4% rise in mind for the end of the year.
I know very little about buying shares but the markets really have been a scary place to have your money.
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