The FTSE

[west didsblue]

I have some shares in BP and although their new strategy around clean energy is foetal, they will be relying on commercial income from oil for at least the next 10 years.

The share price has dipped as a result of the poor results issued last week and the continuing woes in global travel.

Share price is sitting around £2.55 with a 5% dividend yield represents a good buying opp. (Just my opinion, dyor).



Bloomberg:

Oil futures rose for an eighth straight day in New York as a decline in U.S. crude inventories further highlighted depleting global supplies.

The rally of about 0.6% extended the longest streak of daily gains since February 2019. A U.S. government report showed domestic oil stockpiles fell by 6.6 million barrels to the lowest since March, though the data also pointed to gasoline supplies rising to the highest since June.
Underpinning crude’s rally, the spread between Brent’s nearest contracts has surged this week in another sign of tightening supplies amid OPEC+ production curbs. Citigroup expects Brent crude to reach $70 a barrel by the end of the year, with the producer group’s output agreement helping erode inventories and demand looking stronger than expected.

Yep, BP have had a bad year even in comparison to their peers like RDS. Dividends have fallen along with the share price so the yield is similar. Could well be a buying opportunity.

One FTSE share that is well ahead at the moment is Royal Mail, up fourfold since the bottom of last March's crash. Buyers might have missed the boat on this one, but could be a selling opportunity for those holding any.

 

[doots]

I can't see it on 212? Are some stocks not available if trading in an ISA? Second time I've seen a new stock announced on here but not been able to find it to invest.

If you're using the app, at the top of the home page you can select invest, cfd or ISA, you'll find this stock in 'invest'.

 

[RobMCFC]

I can't see it on 212? Are some stocks not available if trading in an ISA? Second time I've seen a new stock announced on here but not been able to find it to invest.

Must admit, I kept typing it in on Tuesday and couldn't find it, which is why I missed the price below 0.20.
When i tried the next day, it was there. I convinced myself that I'd been typing "ABEFP" instead of "ABEPF" but Trading 212 do seem to be have been strange this last week.

Also, another tip I read - to make sure you order goes through, specify "market" and "value" rather than "number of shares". Seems to have worked for me so far - it sometimes takes time fr things to go through but they are probably suffering with huge numbers of trades at the moment.

Anyway, I've finally dumped Bushveld - it may be good in the long run, but in the meantime, I reckon I can rack up a bit of cash through these lithium stocks - got two orders of £90 for ABEPF in the queue for today ......

 

[zerox]

Also, another tip I read - to make sure you order goes through, specify "market" and "value" rather than "number of shares". Seems to have worked for me so far - it sometimes takes time fr things to go through but they are probably suffering with huge numbers of trades at the moment.

you really shouldn't be telling people to use market orders, very dangerous for even experienced traders, a definite no-no for the average 212 player.

 

[RobMCFC]

Apologies ...... but I'm an inexperienced trader anyway! But it does seem to be the only way to get orders through on T212 lately.

 

[zerox]

RobMCFFC, you can click limit (if the share price is above £1 to buy) just add a penny to the limit price
otherwise just add 1 or 2 percent if below a £

 

[RobMCFC]

RobMCFFC, you can click limit (if the share price is above £1 to buy) just add a penny to the limit price
otherwise just add 1 or 2 percent if below a £

Understood, but there were users who were suggesting that only Market orders would go through - I assume due to some issues with T212s queueing system.

Anyway, my ABEPF orders went through @ an average of 0.55. I must admit, I wouldn't want to be risking big money with T212 because their system seems so sluggish.

 

[Wafty Cranker]

Thought that yesterday !!

Great minds and all that.

Not normally the type of company I'd go for, but bought in today at 2550.

 

[markstephenhickey]

Good switch from XRP to ADA. Still a lot for Cardano to do, we’ll have to see what ETH 2.0 brings, but when you start looking at scalability, Cardano does seem to have the edge long term. I’m certainly not planning on selling my ADA any time soon.

DOT seems to have a lot going for it as well. That’s another one gone up 4 fold already in 2021!

Let’s hope the impatience in waiting for ETH 2.0 helps Cardano!

 

[zerox]

Ripple the company behind xrp have a court case brought by the SEC, first proceedings on Feb 22.
This was announced just before other coins began their rise in price causing xrp to lose 70%.
Any favourable mutterings from the court, could see a large rise in price.
At the moment xrp=56 cents. An increase to 3 dollars is easily possible win an eventual win in court.