The Daily thread on the FT100.

[jackdaww]

Another positive Monday market start again.

Very please to see my recent BME purchase go past the 640p point on the chart.

Where to next I wonder before the 11th of Jan when they are expected to issue a TS.

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i like the idea behind this thread .

but the title contains FT100 , puzzled where BME fits in ...

[Stan]

Another positive Monday market start again.

Very please to see my recent BME purchase go past the 640p point on the chart.

Where to next I wonder before the 11th of Jan when they are expected to issue a TS.

================================

i like the idea behind this thread .

but the title contains FT100 , puzzled where BME fits in ...

It fits in with the trading that I have done and which is not restricted exclusively to the FT100.

[jackdaww]

.

some of my speculative holdings down today - cohort 10% and calnex , RWS - 5%.

synairgen risen 7%.

[Stan]

Investing.com – The FTSE 100 slipped on Friday to close a strong year with a whimper in what was quiet pre-holiday trade. The blue-chip index had its best year since 2016 but still underperformed most of its major European and US counterparts in 2021.
Stubbornly high coronavirus cases weighed on shares with the UK reporting a record 183,000 daily COVID cases in the last 24 hours. Hospitalisations have also shown signs of rising with the most recent figures showing 11,898 people with COVID were in hospital on 29th December, up from 8,254 in the prior week. However, the number in hospitals remains below last January’s peak when nearly 40,000 people were being treated across the country.

Well thats it for this year now lets see what next year brings eh.

May I wish all good people a safe and healthy new year

[gryffron]

Happy New Year!

Stubbornly high coronavirus cases weighed on shares with the UK reporting a record 183,000 daily COVID cases in the last 24 hours. Hospitalisations have also shown signs of rising with the most recent figures showing 11,898 people with COVID were in hospital on 29th December, up from 8,254 in the prior week. However, the number in hospitals remains below last January’s peak when nearly 40,000 people were being treated across the country.

That's weak logic. As we have frequently noted, the FTSE100 constituents only earn 25% of their cash in the UK, and 75% overseas. It makes very little sense for the FTSE100 to be related to UK national issues such as Coronavirus numbers/lockdowns and brexit. I accept, in practice FTSE sentiment probably does reflect such UK issues, but there's little reason why it should.

Indeed, generally speaking: Bad for the UK nation --> Devalues sterling --> Good for FTSE100. Since most companies earn in foreign currencies but report, pay dividends and are quoted, in sterling.

Gryff

[CliffEdge]

Why isn't there a daily post on this thread? It seems to be being neglected.

[jackdaww]

Why isn't there a daily post on this thread? It seems to be being neglected.

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my johnson matthey holding is well under water .

pondering dumping it and adding to SMT or CTY.