I have a fair idea..my weighting from tomorrow will be 80% overseas investment from up from 65%, all that 15% will be specific US stocks, many connected with Trump and his associated supporters...fully cash up on my NZ portfolio two weeks ago and converted 15% to cash overseas when the cross was favourable, will pick up some good value in NZ if it presents itself...canning TPPA is good for the NZ public however i see real risk with our main export markets going forward with a trade war :-)
Already Dow futures have halved losses and are down around 300 points... could even get back to 18k after all this panic, meaning the NZX 50 going down 3.3% (vs futures down less than 2.2%) was, potentially, a large over reaction
Hopefully the further retail panic will allow me to top up
Banks and Energy stocks ready to rally (in the US at least...)
Europe Stoxx 600 and FTSE 100 Futures down less than 1%, Dow Future losses decreasing to 250 points... short term likely a bounce (or at least full recovery)... how things work over the next few months could be more interesting
Europe Stoxx 600 and FTSE 100 Futures down less than 1%, Dow Future losses decreasing to 250 points... short term likely a bounce (or at least full recovery)... how things work over the next few months could be more interesting
FTSE down just 0.2%, Swiss exchange actually up 0.8%... even I'm surprised about how fast this short term blip has seemingly nearly disappeared... mid term future still a bit unknown, Trump did sound good on TV at least, just little certainty
Lets get ready for the interest rate announcement from Mr Wheeler tomorrow!
Last edited by trader_jackson; 09-11-2016 at 10:17 PM.
yeah i never believed Roger was a yawning bored beagle as he claimed ; he was/is a pointing quivering hunting beagle ramrod straight cashing up and chasing his tail (but on the mat)
Skid you've been cashed up along time ? Except for the unfortunate experiment called AIR? Could be a great bounce coming up with the republicans likely controlling everything; tax concessions etc ; just got to time it right
I made the call privately to my mates by e.mail in late Sept I thought the market was fully priced and expected a good old fashioned 10-15% correction and have been 70-80% cash since then and avoided much the of the correction that followed. If I'm on the mat I can assure you its a very well padded one
Last edited by Beagle; 09-11-2016 at 10:21 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
I made the call privately to my mates by e.mail in late Sept I thought the market was fully priced and expected a good old fashioned 10-15% correction and have been 70-80% cash since then and avoided much the of the correction that followed. If I'm on the mat I can assure you its a very well padded one
matter of days or a week after you were talking up your shares held and associated yields..case of situationally honest?? haha
Oh this is truly hopeless. I see BHP in London (which I own) is now up 2.5 per cent! Honestly, this will be just like Brexit where the market recovers in about 4 hours and there's no chance to pick up anything.
Oh this is truly hopeless. I see BHP in London (which I own) is now up 2.5 per cent! Honestly, this will be just like Brexit where the market recovers in about 4 hours and there's no chance to pick up anything.
Another reason you should be buying on overseas markets..not up for the fun of it currently..working hard!!
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Originally Posted by ShouldHaveHeld
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