#FTSE #Nasdaq Lockdown brought many conversations, not least being the subject of misheard lyrics. A classic, from Queens Bohemian Rhapsody was uncovered, “Spare him his life from these Pork Sausagees” completely overshadowed “The Nashville Express”, always assumed to be a tune praising the country music capital of the world. In each case, the reality of actual song lyrics became quite bland, when compared with the true wording. (Monstrosity = Pork Sausagees and National Express = Nashville Express)
We’ve been digging around, searching for shares which should produce some irrational strengths, in the hope the world returns to a semblance of normality with coronavirus perhaps becoming a distant memory in the year ahead. Alternately, there’s always the risk the new vaccines shall cause a zombie apocalypse, anointing 2021 with the potential of being an even more interesting year than 2020 has been. With a relative being an early recipient of the vaccine, it’s certainly going to be difficult identifying any change, if she turns into a zombie…
Bus operator, National Express, recently in the news with an announcement of improved financing for 2021 and beyond, certainly have potential for quite strong recovery in the future. To this end, we’ve identified 254p as a key trigger level for the longer term.
In the event of the share price closing above 254p, we’re calculating the potential of a recovery cycle commencing toward an initial 307p with secondary, if bettered, a longer term 372p. In fact, it’s not difficult to produce 453p as a substantial long term aim, this particular target level showing a possibility of an approach to Blue on the chart, the long term downtrend since 2007. For things to go wrong with the price, it needs reverse below 175p to justify panic, this risking the price suffering extreme danger with a potential collision down at 80p.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:58:14PM | BRENT | 50.75 | |||||||||
| 9:59:55PM | GOLD | 1853.52 | Success | ||||||||
| 10:01:35PM | FTSE | 6544.5 | 6480 | 6455 | 6420 | 6532 | 6560 | 6582.5 | 6616 | 6514 | Shambles |
| 10:03:57PM | FRANCE | 5560.8 | ‘cess | ||||||||
| 10:11:36PM | GERMANY | 13421 | Success | ||||||||
| 10:13:44PM | US500 | 3694.37 | ‘cess | ||||||||
| 10:16:09PM | DOW | 30214.5 | |||||||||
| 10:18:07PM | NASDAQ | 12602 | 12416 | 12348 | 12263 | 12544 | 12603 | 12629.75 | 12689 | 12467 | ‘cess |
| 10:20:30PM | JAPAN | 26796 | ‘cess |
15/12/2020 FTSE Closed at 6513 points. Change of -0.28%. Total value traded through LSE was: £ 5,504,806,685 a change of -17.61%
14/12/2020 FTSE Closed at 6531 points. Change of -0.23%. Total value traded through LSE was: £ 6,681,528,209 a change of 9.32%
11/12/2020 FTSE Closed at 6546 points. Change of -0.8%. Total value traded through LSE was: £ 6,112,009,870 a change of -15.57%
10/12/2020 FTSE Closed at 6599 points. Change of 0.53%. Total value traded through LSE was: £ 7,239,162,237 a change of 27.24%
9/12/2020 FTSE Closed at 6564 points. Change of 0.09%. Total value traded through LSE was: £ 5,689,395,466 a change of 1.75%
8/12/2020 FTSE Closed at 6558 points. Change of 0.05%. Total value traded through LSE was: £ 5,591,373,092 a change of -5.03%
7/12/2020 FTSE Closed at 6555 points. Change of 0.08%. Total value traded through LSE was: £ 5,887,798,366 a change of -14.07%