yep, I hadn't even got to the point of checking Fear/Greed for a while because the Vix wasn't going up that much but after Thursday's move on the S&P I looked Thurs night.
I'd like to see it even lower to be really confident but the RSI on the S&P hitting oversold and that low a fear greed then it definitely may be a point to buy in heavily on, especially after the 1.5% rally in the US last night, with 1% of that in the last hour and rising into the close. Very positive imo.
No problem, you are definitely not alone and my bet is there's loads out there that frequently get spooked out but won't admit it - I still do it at times but have gained more control. Researching a stock a lot helps prevent the jitters, it won't prevent them entirely but it does help you to believe you are right and the market is wrong.
And yes, investing can feel very lonely especially at time when most are doing well and you take a hit. Don't doubt your own confidence but just do as much as you can to make sure your confidence is well placed imo.
Thanks Richard for a blistering weekly report. Who else could cover the macro, the markets, the indices, the politics, the psychology and individual shares with such insight and panache. A roller coaster of a report with the market just closed. The rest of the weekend will seem like an anti-climax!
JET2 looks cheap with all the cash they have but I suspect investors know they have so much capital replacement going forward for mew planes perhaps, that they are not prepared to place much value on the cash? Just a guess. A lot of airlines look cheap imo
Thanks a lot Richard for your very helpful tips on handling volatility . ‘…with huge pangs of regret for me a few days later when ‘Mister Mad the Market’ suddenly regains its composure and I’m buying stuff back higher than where I sold. These are generally the same companies doing the same great business, it’s just the psyche of the investor flipping from glass half full to glass half empty and back again…’
This has been my problem of late and it’s cost me a dearly. I’m doing exactly what you described at times. It’s really
Good you share your mistakes and pitfalls of the market like you do. It helps me realise that I’m human just like everyone and also that I might not be as bad as I feel sometimes at this game! It can feel lonely and confusing at times .
Someone wiser than me once said ‘ a fool learns from his own mistakes and a wise man learns from other people’s’ , though I would say that a man needs his own mistakes to learn from, and a wise man he becomes as a result.
As always, a fantastic read very preceptive and spot when comes to these climate fanatics sadly I don't see Miliband and Stammer smelling the wind of change anytime soon
It’s amazing how little a reaction or even negative price reaction some companies are getting on good news…I.e OTB
I saw the fear and greed indicator earlier this week and thought it could be at that point of extreme fear and due to bounce higher? Any thoughts on that?
I'd be careful with OTB. They have a massive H1/H2 split and there is a gaping technical gap from 170-185p. Given the reaction to this weeks update, I'd be very surprised if this doesn't get filled over the summer.
Love the stock analysis but your BP climate change denial rant isn’t exactly what I signed up for. Not to mention just how poorly informed and incorrect it is. Stick to the stocks.
yep, I hadn't even got to the point of checking Fear/Greed for a while because the Vix wasn't going up that much but after Thursday's move on the S&P I looked Thurs night.
I'd like to see it even lower to be really confident but the RSI on the S&P hitting oversold and that low a fear greed then it definitely may be a point to buy in heavily on, especially after the 1.5% rally in the US last night, with 1% of that in the last hour and rising into the close. Very positive imo.
No problem, you are definitely not alone and my bet is there's loads out there that frequently get spooked out but won't admit it - I still do it at times but have gained more control. Researching a stock a lot helps prevent the jitters, it won't prevent them entirely but it does help you to believe you are right and the market is wrong.
And yes, investing can feel very lonely especially at time when most are doing well and you take a hit. Don't doubt your own confidence but just do as much as you can to make sure your confidence is well placed imo.
Good luck
Thanks Richard for a blistering weekly report. Who else could cover the macro, the markets, the indices, the politics, the psychology and individual shares with such insight and panache. A roller coaster of a report with the market just closed. The rest of the weekend will seem like an anti-climax!
Yes, agree. There is always something to worry about :-)
JET2 looks cheap with all the cash they have but I suspect investors know they have so much capital replacement going forward for mew planes perhaps, that they are not prepared to place much value on the cash? Just a guess. A lot of airlines look cheap imo
Cheers, gonna be hard for Starmer and Milliband to change tho Starmer seems to have no real convictions he can't dump.
Well done for hanging in there.
Thank you Jas
Thanks a lot Richard for your very helpful tips on handling volatility . ‘…with huge pangs of regret for me a few days later when ‘Mister Mad the Market’ suddenly regains its composure and I’m buying stuff back higher than where I sold. These are generally the same companies doing the same great business, it’s just the psyche of the investor flipping from glass half full to glass half empty and back again…’
This has been my problem of late and it’s cost me a dearly. I’m doing exactly what you described at times. It’s really
Good you share your mistakes and pitfalls of the market like you do. It helps me realise that I’m human just like everyone and also that I might not be as bad as I feel sometimes at this game! It can feel lonely and confusing at times .
Someone wiser than me once said ‘ a fool learns from his own mistakes and a wise man learns from other people’s’ , though I would say that a man needs his own mistakes to learn from, and a wise man he becomes as a result.
Anyway , thanks for sharing your thoughts 👍🏼
Stu
As always, a fantastic read very preceptive and spot when comes to these climate fanatics sadly I don't see Miliband and Stammer smelling the wind of change anytime soon
Another brilliant weekly write up. Thxs
Thanks Rebel
Bumper report this week and much appreciated.
It’s amazing how little a reaction or even negative price reaction some companies are getting on good news…I.e OTB
I saw the fear and greed indicator earlier this week and thought it could be at that point of extreme fear and due to bounce higher? Any thoughts on that?
I'd be careful with OTB. They have a massive H1/H2 split and there is a gaping technical gap from 170-185p. Given the reaction to this weeks update, I'd be very surprised if this doesn't get filled over the summer.
Any thoughts on Jet2, Richard?
Very good write up. Thank you
Reading whilst sat in coffee shop in London on a fresh but sunny morning.
RR is my biggest holding and so my coffee tastes good even at London prices.
Reminding me I get 10% on my initial investment was a nice surprise (I bought at 90p and 130p, so my yield is somewhere between 5-10% I guess)
Have a good weekend
Love the stock analysis but your BP climate change denial rant isn’t exactly what I signed up for. Not to mention just how poorly informed and incorrect it is. Stick to the stocks.