Stock Market Game

it’s a game mate, it doesn’t matter if you don’t win, it’s the taking part from the beginning that counts

 

2 things

1. I didn’t factor in Easter weekend and no stock market on Friday or Monday

2. The OPEC meeting was supposed to happen last Monday but was postponed til yesterday

There is a draft agreement to cut oil production. The Saudis have been flooding the market with oil which has driven the price of oil down and hammered oil company share prices.

The proposed cuts falls into the range where some think it’s a good thing, others think it’s not a big enough cut as there are such big reserves at a time when there is reduced demand. Plus the Mexicans are being difficult.

How will this impact companies whose share prices are influenced by the oil industry? I have no ****ing idea.

NB the US market is open on Monday which will give an indicator of how the cuts have impacted shares in certain sectors. For that reason ALL TRADES MUST BE DONE BY MIDDAY ON SUNDAY, NO EXCEPTIONS, NOT EVEN FOR LIVERPOOL FANS.

https://edition.cnn.com/2020/04/09/business/opec-saudi-russia-oil-production-cut-deal/index.html

@gooner4ever
@Tobes
@Treble
@afcftw
@Zanjinho
@Julian Edelman
@astro
@Tel
@Solid_Air 2
@Spurlock
@FosseFilberto
@Blue and White
@Tootles the Taxi
@brb
@1.4 trillion

 

And we must still have a minimum of 4 stocks and a maximum of 6 with £5k and £1k as maximum and minimum investment amounts

 

Correct.

 

Hi Stan, this will probably blow up in my face, but whatever....

Same four stocks, reduced to 2k each, then a fifth stock on Ferguson for 2k.

 

@Tobes is this allowed? Or does it constitute too many trades #greyarea

 

If not, then I will keep as I am

 

See my edit. It's one rule that I don't think we completely nailed.

 

So can you clarify and restate the rules then, thanks

 

Will do once @Tobes and I have discussed. Working on Good Friday sucks.

Which reminds me (you can ignore the second bit).

 

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So, what you're saying is, I can make my trades on Monday...?

 

Why so serious?

 

Or wait til the market opens on Tuesday so you can see the opening prices.

 

you missed the bit about taking part from the beginning mate, like you will miss out on the title

 

Im not changing #loyalty

 

And you miss the asterisk...

 

If an asterisk makes you feel better add it to your username @brb get it done

 

That would be 4 trades if you were using a broker, so it’s 4 trades bro i.e. 1 too many.

 

REMINDER: ALL TRADES FOR TUESDAY'S MARKET OPENING MUST BE IN BY MIDDAY TOMORROW BECAUSE:

1: THE OPEC MEETING ABOUT OIL CUTS HAS TAKEN PLACE (SEE BELOW ARTICLE) AND COULD HAVE AN IMPACT ON NUMEROUS SHARE PRICES

2. THE US MARKET IS OPEN ON MONDAY AND WILL GIVE AN INDICATION OF HOW THE FTSE WILL REACT ON TUESDAY

STOP SHOUTING STAN!!!

https://www.bbc.co.uk/news/business-52249103

@gooner4ever
@@Tobes
@Treble
@afcftw
@Zanjinho
@Julian Edelman
@astro
@Tel
@Solid_Air 2
@Spurlock
@FosseFilberto
@Blue and White
@Tootles the Taxi
@brb
@1.4 trillion