Author: T&T Staff

#FTSE #WallSt  As the world dangerously sneaks up on the awful August break from Formula1 with only the usually chaotic Belgian GP to follow Hungary this weekend, then a hiatus for four boring weeks. Usually, we dread August for another reason as it’s generally clear the markets are really on holiday with interns manning the controls. Unfortunately, this has felt to be the case since the start of June this year but there’s been a couple of notable differences.

For instance, on Thursday, we advised clients the FTSE expected gains but the USA looked quite dodgy. This is quite unusual as the FTSE will generally exploit whatever has given the US a doze of collywobbles, ensuring a terrible session. Instead, as expected, the FTSE ended the day in positive territory while North American markets were clearly being guarded by the countries Secret Service, all ending the session in the Red. And oddly, that sentence was not a carefully contrived joke! Anyway, in more important news, it’s possible Scotland has exported some wet weather to Hungary, so perhaps this Grand Prix shall also be worth watching.

 

As for the FTSE, market behaviour since the start of June has been truly awful. The chart below shows in minute-by-minute mode, how pathetic the market has been. We’d initially assumed this was something to do with the UK General Election but such a notion looks erroneous. Are we to experience an even worse August or did everyone decide to take 3 months off this year? We want to make fun of the movement pattern, calling it a Sine Wave but a Sine Wave should be measurable in Wavelength, the distance between two peaks, and the FTSE clearly dodges such an accusation. However, it does come close in terms of Amplitude, the distance between the median and the highs. About the only conclusion which can be drawn is of time not mattering to the markets, only the variance above and below a roughly 8200 points pivot level.

What’s the point of knowing this?

When it happens, a trader can enjoy a (usually brief) period when switching from short to long positions. Our rule of thumb is to allow for 3 peaks, then distrust everything. But in this instance, the FTSE has been playing ball through an amazing 5 peaks so far. And if our suspicion of August being pretty rubbish, this state of affairs could easily continue, after a doubtless short period when the market will throw all the toys out before reverting to placid behaviour again.

 

FTSE for FRIDAY.  If we’re right with the voodoo science above, it will actually make a fair bit of sense if the FTSE opens Friday around 8195 points, then experiences a surprising bounce to around 8223 points. If bettered, our secondary works out at 8244 points and a price level where the market could stutter a bit. While visually this makes zero sense, it is certainly a theory and one which allows a super tight stop loss at 8187 points. Our reasoning behind this outlandish idea is due to the market having a history since June of reverting to the median level of 8200, then bouncing before a proper reversal.

 

Of course, we’ve a converse scenario we can present and it kicks into life, if the FTSE (do remember, we are talking about the actual market, not before or after hours futures) manages below 8187 points, it risks triggering reversal to an initial 8147 with our secondary, if broken, at 8105 points.

 

Hopefully it’s a good weekend for everyone, hopefully its a good Grand Prix and Louis Hamilton wins again, and hopefully we don’t end up covered in egg due to the scenario above!

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
11:25:58PM	BRENT	8422	8375	8343		8512	8532	8565		8411
11:29:20PM	GOLD	2444.24	2440	2432		2453	2484	2489		2456	‘cess
11:32:12PM	FTSE	8173.9	8158	8148		8190	8205	8224		8183	Success
11:35:04PM	STOX50	4870	4869	4854		4887	4894	4905		4866
11:39:39PM	GERMANY	18333.4	18290	18280		18381	18381	18423		18336
11:48:17PM	DOW	40704	40590	40486		40760	40949	41093		40794
11:45:26PM	US500	5555.2	5542	5526		5567	5568	5580		5542	Success
12:01:44AM	NASDAQ	19778.5	19735	19587		19833	19973	20140		19832	‘cess
12:06:00AM	JAPAN	40127	39863	39770		40164	40421	40586		40187	‘cess

18/07/2024 FTSE Closed at 8204 points. Change of 0.21%. Total value traded through LSE was: £ 4,278,080,573 a change of -5.62%

17/07/2024 FTSE Closed at 8187 points. Change of 0.28%. Total value traded through LSE was: £ 4,532,847,996 a change of 7.45%

16/07/2024 FTSE Closed at 8164 points. Change of -0.22%. Total value traded through LSE was: £ 4,218,485,938 a change of -1.45%

15/07/2024 FTSE Closed at 8182 points. Change of -0.85%. Total value traded through LSE was: £ 4,280,715,319 a change of 2.74%

12/07/2024 FTSE Closed at 8252 points. Change of 0.35%. Total value traded through LSE was: £ 4,166,551,953 a change of -13.98%

11/07/2024 FTSE Closed at 8223 points. Change of 0.37%. Total value traded through LSE was: £ 4,843,565,860 a change of 2.51%

10/07/2024 FTSE Closed at 8193 points. Change of 0.66%. Total value traded through LSE was: £ 4,725,141,160 a change of -14.23%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

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Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **LSE:CEY Centamin** **LSE:IDS International Distribution** **LSE:ITV ITV** **LSE:NWG Natwest** **LSE:SBRY Sainsbury** **LSE:TSCO Tesco** **

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Updated charts published on : Barclays, BALFOUR BEATTY, Block Energy PLC, Centamin, International Distribution, ITV, Natwest, Sainsbury, Tesco,

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LSE:BARC Barclays Close Mid-Price: 228.6 Percentage Change: -0.91% Day High: 234.3 Day Low: 228.4

Target met. All Barclays needs are mid-price trades ABOVE 234.3 to improv ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 413.6 Percentage Change: + 1.27% Day High: 415.6 Day Low: 408

Further movement against BALFOUR BEATTY ABOVE 415.6 should improve accele ……..

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LSE:BLOE Block Energy PLC Close Mid-Price: 0.92 Percentage Change: -7.50% Day High: 1 Day Low: 0.92

Weakness on Block Energy PLC below 0.92 will invariably lead to 0.82p wit ……..

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LSE:CEY Centamin Close Mid-Price: 132.9 Percentage Change: -0.23% Day High: 134.1 Day Low: 131.8

In the event of Centamin enjoying further trades beyond 134.1, the share ……..

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LSE:IDS International Distribution. Close Mid-Price: 342 Percentage Change: + 1.79% Day High: 342.8 Day Low: 335

All International Distribution needs are mid-price trades ABOVE 342.8 to ……..

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LSE:ITV ITV. Close Mid-Price: 84.5 Percentage Change: + 1.38% Day High: 85.5 Day Low: 83.3

Target met. In the event of ITV enjoying further trades beyond 85.5, the ……..

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LSE:NWG Natwest. Close Mid-Price: 336.3 Percentage Change: + 2.41% Day High: 337.2 Day Low: 330.6

Target met. Continued trades against NWG with a mid-price ABOVE 337.2 sho ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 271 Percentage Change: + 1.80% Day High: 270.8 Day Low: 266.6

Target met. In the event of Sainsbury enjoying further trades beyond 270. ……..

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LSE:TSCO Tesco. Close Mid-Price: 324.9 Percentage Change: + 1.03% Day High: 324.3 Day Low: 321.2

Target met. All Tesco needs are mid-price trades ABOVE 324.3 to improve a ……..

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*** End of “Updated Today” comments on shares

#Gold #Japan Historically, we’ve maintained a pretty foul opinion of anything to do with crypto, especially when the buzzword “Blockchain” is woven into the narrative. The methodology which keeps pirate download sites alive, torrent streaming, bears more than a passing nod to being rebranded as Blockchain. It may even come as a surprise to many to discover Pirate Bay remains functioning, currently hosted in Ukraine or Vietnam…

We often liken torrent streaming sites as being akin to the ant colony which flourishes on our patio, every year. We use the miracle white powder to bomb the entrances and within hours, no ants can be seen. But a few days later, streams of the things can be found heading to new entrances like morning traffic approaching the Blackwall Tunnel. This game of “Whack a Mole” generally continues for the entire summer until suddenly, a week goes by with the realisation there has been no need to continue the fight against the ants. The war is therefore over for another year though, at some stage, we should lift the paving slabs and emplace a new membrane to keep the termites at bay.

 

It has been a couple of years since we reviewed Argo Blockchain and despite the miserable expectations of our last report, the company continues to do its thing, even boosting its way up to 35p at the start of this year in what looks like a successful promotion campaign via internet chatrooms. Surprisingly, the share value feels like it may be twitching once again with hope for some recovery. Our hope comes from the Red line on the chart below, along with the fact the market opted to gap the share price up on the 17th, closing the day up 20% and crucially, regaining the trend.

Generally behaviour such as this implies some optimism may be allowed as the immediate implication is of movement above 12p ideally triggering gains to an initial 14.2p. Our “longer term” secondary, if this level is bettered, works out at 16.25p.

 

Finally, nothing to do with ants or Blockchain but the press releases below were predictable. Wonder how the markets shall react, if Biden withdraws as it seems a lame attempt to “one up” a shooting.

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
11:29:54PM	BRENT	8468.6									Success
12:11:50AM	GOLD	2458.38	2451	2445	2432	2465	2484	2515	2548	2452	‘cess
12:14:33AM	FTSE	8210.1									‘cess
12:18:48AM	STOX50	4889.6									Success
12:22:04AM	GERMANY	18472.5									‘cess
12:24:52AM	US500	5599.2									Success
12:28:00AM	DOW	41252
1:38:07AM	NASDAQ	19865.2									Success
1:40:54AM	JAPAN	40191	40068	40006	39314	40323	41429	41745	42304	41252	Success

17/07/2024 FTSE Closed at 8187 points. Change of 0.28%. Total value traded through LSE was: £ 4,532,847,996 a change of 7.45%

16/07/2024 FTSE Closed at 8164 points. Change of -0.22%. Total value traded through LSE was: £ 4,218,485,938 a change of -1.45%

15/07/2024 FTSE Closed at 8182 points. Change of -0.85%. Total value traded through LSE was: £ 4,280,715,319 a change of 2.74%

12/07/2024 FTSE Closed at 8252 points. Change of 0.35%. Total value traded through LSE was: £ 4,166,551,953 a change of -13.98%

11/07/2024 FTSE Closed at 8223 points. Change of 0.37%. Total value traded through LSE was: £ 4,843,565,860 a change of 2.51%

10/07/2024 FTSE Closed at 8193 points. Change of 0.66%. Total value traded through LSE was: £ 4,725,141,160 a change of -14.23%

9/07/2024 FTSE Closed at 8139 points. Change of -0.66%. Total value traded through LSE was: £ 5,509,291,048 a change of 31.2%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

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Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:CAR Carclo** **LSE:CEY Centamin** **LSE:TSCO Tesco** **

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Updated charts published on : Barclays, BALFOUR BEATTY, Carclo, Centamin, Tesco,

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LSE:BARC Barclays. Close Mid-Price: 230.7 Percentage Change: + 1.47% Day High: 233 Day Low: 227.45

Target met. Continued trades against BARC with a mid-price ABOVE 233 shou ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 408.4 Percentage Change: + 0.05% Day High: 413.4 Day Low: 407.6

Target met. In the event of BALFOUR BEATTY enjoying further trades beyond ……..

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LSE:CAR Carclo Close Mid-Price: 21.8 Percentage Change: -6.84% Day High: 24 Day Low: 21.2

Further movement against Carclo ABOVE 24 should improve acceleration towa ……..

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LSE:CEY Centamin. Close Mid-Price: 133.2 Percentage Change: + 1.29% Day High: 133.7 Day Low: 128.9

Further movement against Centamin ABOVE 133.7 should improve acceleration ……..

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LSE:TSCO Tesco. Close Mid-Price: 321.6 Percentage Change: + 0.85% Day High: 320.9 Day Low: 316.4

In the event of Tesco enjoying further trades beyond 320.9, the share sho ……..

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*** End of “Updated Today” comments on shares

#FTSE #Nasdaq  For reasons, entirely to do with shoe shopping, my wife left me standing waiting for her at the exit junction of our local hospital.  It was a nice day, not even raining for a change, making leaning against a convenient wall while listening to an audio book, not the most onerous of tasks. She was eventually 20 minutes late and worse, even admitted to not finding the type of boots she wanted. But this wasn’t the end of the story.

Watching traffic exit the hospital car park provided an interesting insight into human behaviour. We’ve long suspected the writing must be “on the wall” for the likes of BAT, anti-smoking rhetoric, regulations, and laws making what was once a favourite pastime as viable as voting Conservative in Scotland. But one thing was in evidence. Generally, when people start their cars moving, they either have the urge to pick their nose or engage in a more common activity, taking a draw of a cigarette. While I didn’t count, I’d estimate over half the vehicles coming out from the hospital either had the driver smoking or the passenger, implying the habit is still as popular as ever. Perhaps sales may have fallen but the cigarette companies don’t appear to be begging for Government aid. When adding the fact retailers now boast grey nondescript cupboards in prime retail space, holding impressive levels of stock, it seems ‘the habit’ remains ingrained, making us suspect the current battle against vaping may be more to do with tax revenue than health or safety.

 

BAT share price decline from 2017’s unfathomable high has led it to currently at just under 50% of such a level, leading us to fear more drama may yet come. While the Red uptrend since 2008 has recently experienced a couple of solid confirmation footfalls by the share price, we’re inclined to suspect more reversals are coming.

Currently below 2340p would tick a pretty major box for concern, risking triggering reversals down to an initial 1982p, something with quite devastating visual implications. Our secondary works out at a longer term 1416p and hopefully a bottom as it rather neatly matches the prior low of 2018.

Conversely, BATS would need above 2575p to give the first dusting of hope, potentially triggering recovery to an initial 2717p with secondary, if beaten, at 2881p. Only with closure above this secondary level shall we dare hope some true recovery may be lighting things up. Who knows, perhaps their slogan “Our portfolio of powerful smokeless product brands will drive progress to a smokeless world” isn’t entirely delivered with a corporate tongue, firmly embedded in the cheek.

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:27:00PM	BRENT	8343									‘cess
10:37:32PM	GOLD	2468.65									‘cess
11:19:06PM	FTSE	8194.8	8124	8106	8048	8172	8204	8217	8248	8160	‘cess
11:56:11PM	STOX50	4963.3									‘cess
12:00:02AM	GERMANY	18578									‘cess
12:51:14AM	US500	5665.9
12:54:44AM	DOW	40958									Success
1:58:00AM	NASDAQ	20367	20265	20190	20057	20412	20481	20527	20614	20366
2:00:02AM	JAPAN	41344									‘cess

 

16/07/2024 FTSE Closed at 8164 points. Change of -0.22%. Total value traded through LSE was: £ 4,218,485,938 a change of -1.45%

15/07/2024 FTSE Closed at 8182 points. Change of -0.85%. Total value traded through LSE was: £ 4,280,715,319 a change of 2.74%

12/07/2024 FTSE Closed at 8252 points. Change of 0.35%. Total value traded through LSE was: £ 4,166,551,953 a change of -13.98%

11/07/2024 FTSE Closed at 8223 points. Change of 0.37%. Total value traded through LSE was: £ 4,843,565,860 a change of 2.51%

10/07/2024 FTSE Closed at 8193 points. Change of 0.66%. Total value traded through LSE was: £ 4,725,141,160 a change of -14.23%

9/07/2024 FTSE Closed at 8139 points. Change of -0.66%. Total value traded through LSE was: £ 5,509,291,048 a change of 31.2%

8/07/2024 FTSE Closed at 8193 points. Change of -0.12%. Total value traded through LSE was: £ 4,199,265,800 a change of -27.16%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

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Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:BARC Barclays** **LSE:CAR Carclo** **LSE:IHG Intercontinental Hotels Group** **LSE:JET Just Eat** **LSE:OCDO Ocado Plc** **LSE:PHP Primary Health** **LSE:PMG Parkmead** **LSE:SCLP Scancell** **LSE:TSCO Tesco** **

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Updated charts published on : Barclays, Carclo, Intercontinental Hotels Group, Just Eat, Ocado Plc, Primary Health, Parkmead, Scancell, Tesco,

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LSE:BARC Barclays. Close Mid-Price: 227.35 Percentage Change: + 0.71% Day High: 227.65 Day Low: 223.55

In the event of Barclays enjoying further trades beyond 227.65, the share ……..

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LSE:CAR Carclo. Close Mid-Price: 23.4 Percentage Change: + 14.15% Day High: 23.2 Day Low: 21.8

Target met. Continued trades against CAR with a mid-price ABOVE 23.2 shou ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 8526 Percentage Change: + 1.69% Day High: 8542 Day Low: 8324

All Intercontinental Hotels Group needs are mid-price trades ABOVE 8542 t ……..

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LSE:JET Just Eat Close Mid-Price: 954 Percentage Change: -0.62% Day High: 957 Day Low: 935

If Just Eat experiences continued weakness below 935, it will invariably ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 360.5 Percentage Change: + 5.90% Day High: 407.3 Day Low: 359.2

Continued trades against OCDO with a mid-price ABOVE 407.3 should improve ……..

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LSE:PHP Primary Health Close Mid-Price: 95.75 Percentage Change: -0.52% Day High: 97.5 Day Low: 95.35

Further movement against Primary Health ABOVE 97.5 should improve acceler ……..

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LSE:PMG Parkmead Close Mid-Price: 11.75 Percentage Change: -4.08% Day High: 12.25 Day Low: 11.75

Weakness on Parkmead below 11.75 will invariably lead to 10p with seconda ……..

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LSE:SCLP Scancell. Close Mid-Price: 12 Percentage Change: + 5.26% Day High: 12.25 Day Low: 11.4

All Scancell needs are mid-price trades ABOVE 12.25 to improve accelerati ……..

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LSE:TSCO Tesco. Close Mid-Price: 318.9 Percentage Change: + 1.01% Day High: 319.8 Day Low: 314.1

Target met. Further movement against Tesco ABOVE 319.8 should improve acc ……..

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*** End of “Updated Today” comments on shares

#Gold #SP500  To be honest, while some people worship Taylor Swift, a person hero is Elon Musk. Why begs the question, does this make me a “musky” to use the Taylor Swift vernacular? The guys space ships continue to fly with SpaceX currently discretely plotting a rescue mission for the two folk NASA/Boeing have managed to strand on the ISS, a 7 day mission NASA are currently trying to claim will last 90 days. Apparently the Boeing Starliner will remain “not stranded” on the space station indefinitely.

Then there’s Twitter (X) with the Elon Musk account regularly posting updates of record usage numbers, always a surprise as the hoard of folk he fired when culling the company all postulated the end of the platform. Instead, it seems to be going from strength to strength, even openly challenging the EU after turning down their offer of hush money to allow the EU to silence folk they didn’t like. Unless the EU chickens out, it’s going to be an interesting court case as Mr Musk seems happy to ridicule the unelected civil servants who tried to blackmail Twitter.

Finally, we’ve got Tesla, once again reclaiming the place as largest EV supplier. Here in Argyll, we’ve gone from a few of the things to truly astounding numbers in the course of the last year. Apparently there’s even a local owners club where they meet up for coffee and to complain about the cost of chargers. Once, upon seeing the packed car park at the cafe, it was easy to feel sorry for the person who’d broken the mould by choosing a Red Tesla, the poor car looking as regal as a 1980’s offering from the British car industry while surrounded by the obligatory Pearl White offerings. Our personal doubts about justification for EV’s remain, especially after discovering my own mileage has been just over 3,000 miles/year for the last ten years. This was quite a surprise, given driving 1,100 miles in a single day wasn’t previously unknown, when making a dash from Scotland to the ski slopes in France.

 

As the inset on the chart below indicates, the market appears to have decided Tesla share price should break above the downtrend since 2021. Our inclination is to take this quite seriously as visually it appears Tesla share price is once again revving up for some further acceleration. Currently, above 271p looks like triggering movement to an initial 279 with our secondary, if bettered, at 294 and some possible hesitation. However, in the even the market makes it past such a level, our third level ambition of a future 358 dollars becomes very viable.

Unlike a Red Tesla, we think this share price shall prove worth watching. While we’ve given 271 as potential trigger level, even above 263 should theoretically serve to get things moving. Should things intend going wrong, below 231 shall certainly justify panic as it risks promoting reversals down to 210 initially with our secondary, if broken, at an eventual hopeful bottom of 158.

 

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
12:47:01AM	BRENT	8459.6
12:51:43AM	GOLD	2421.35	2401	2395	2380	2415	2440	2464	2490	2412	Success
12:54:18AM	FTSE	8173									Success
12:56:49AM	STOX50	4971.9									‘cess
1:05:35AM	GERMANY	18582
1:08:27AM	US500	8445.4	8416	8401	8331	8475	8502	8527	8564	8454
1:15:45AM	DOW	40275
2:19:19AM	NASDAQ	20431.4									‘cess
2:21:32AM	JAPAN	41314

 

15/07/2024 FTSE Closed at 8182 points. Change of -0.85%. Total value traded through LSE was: £ 4,280,715,319 a change of 2.74%

12/07/2024 FTSE Closed at 8252 points. Change of 0.35%. Total value traded through LSE was: £ 4,166,551,953 a change of -13.98%

11/07/2024 FTSE Closed at 8223 points. Change of 0.37%. Total value traded through LSE was: £ 4,843,565,860 a change of 2.51%

10/07/2024 FTSE Closed at 8193 points. Change of 0.66%. Total value traded through LSE was: £ 4,725,141,160 a change of -14.23%

9/07/2024 FTSE Closed at 8139 points. Change of -0.66%. Total value traded through LSE was: £ 5,509,291,048 a change of 31.2%

8/07/2024 FTSE Closed at 8193 points. Change of -0.12%. Total value traded through LSE was: £ 4,199,265,800 a change of -27.16%

5/07/2024 FTSE Closed at 8203 points. Change of -0.46%. Total value traded through LSE was: £ 5,765,215,799 a change of 61.04%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

---

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:BBY BALFOUR BEATTY** **LSE:CASP Caspian** **LSE:IHG Intercontinental Hotels Group** **LSE:ITM ITM Power** **LSE:RKH Rockhopper** **LSE:SDY Speedyhire** **LSE:STAR Star Energy** **

********

Updated charts published on : BALFOUR BEATTY, Caspian, Intercontinental Hotels Group, ITM Power, Rockhopper, Speedyhire, Star Energy,

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 404.6 Percentage Change: -0.25% Day High: 412.6 Day Low: 403

Continued trades against BBY with a mid-price ABOVE 412.6 should improve ……..

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LSE:CASP Caspian. Close Mid-Price: 4.55 Percentage Change: + 40.00% Day High: 5.25 Day Low: 3.35

Target met. Further movement against Caspian ABOVE 5. should improve acce ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 8384 Percentage Change: + 0.82% Day High: 8448 Day Low: 8302

In the event of Intercontinental Hotels Group enjoying further trades bey ……..

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LSE:ITM ITM Power Close Mid-Price: 61.55 Percentage Change: -6.03% Day High: 67.6 Day Low: 61

Target met. All ITM Power needs are mid-price trades ABOVE 68p to improve ……..

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LSE:RKH Rockhopper. Close Mid-Price: 15 Percentage Change: + 0.00% Day High: 15.35 Day Low: 14.9

All Rockhopper needs are mid-price trades ABOVE 15.35 to improve accelera ……..

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LSE:SDY Speedyhire. Close Mid-Price: 39.5 Percentage Change: + 0.89% Day High: 40.9 Day Low: 38.8

Continued trades against SDY with a mid-price ABOVE 40.9 should improve t ……..

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LSE:STAR Star Energy. Close Mid-Price: 7.79 Percentage Change: + 2.50% Day High: 0 Day Low: 0

Further movement against Star Energy ABOVE 8.05 should improve accelerati ……..

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*** End of “Updated Today” comments on shares.

#Brent #Dax  Out in the garden to catch photographs of the setting sun here in Argyll, the sound of distant applause and cheers made its was across the sea. There’s a pub with a beer garden almost exactly 2 miles across the water and on a calm evening, sound really carries.  Returning indoors in the usual panic to avoid the Scottish Midge, I commented to my wife; “Sounds like England lost whatever game they were playing!” and she replied, saying it had just finished and Spain had won.

Some things about Scotland never change and soon Twitter was awash with pictures of a street party in Dundee. For those who care, here’s a picture of a nice sunset, easily missed if watching football.

It was all a refreshing change of pace from the previous night, where a brief glance at “Meghan Kelly Live” (sometimes it’s unintentionally funny) on YouTube proved riveting viewing. Minutes earlier, someone had just taken a couple of pot shots at Mr Trump, and the media was hurriedly eating itself in a frenzy to get more information, thankfully not yet at the stage of interviewing each other. The absolute venom directed at CNN reporters, one of whom tried to ridicule Trump for jumping after a couple of “pops”, made it easy to believe an uncivil war was about to break out between the news networks. The whole thing became surreal and by 4am, it was obvious aside from the live video of the shooting, nothing new was going to come out. Though the lady reporter from CNN should really be looking for a new profession very soon, one which doesn’t need a functioning brain. Perhaps a career in politics awaits her.

 

We can claim a recent major success with Lloyds, due to our previous analysis giving criteria by which the share price should’ve triggered an initial 58p with secondary, if bettered, at 59.5p with any movement exceeding an initial 56.1p. Neither target ambition was particularly ambitious but what we really find interesting is shown on the chart extract below. For the last six sessions, Lloyds share price has been scurrying around between our target levels, the implication being our logic is currently correct for this share. This is something which is often quite assuring, providing a degree of confidence for the future.

From our perspective, we’re now inclined to assign 60.4p as our next potential trigger level, due to movement above such a point now calculating with the potential of an initial lift to 64.3p with our secondary, if beaten, now at 65.8p. According to the visuals, some hesitation should be anticipated at such highs, due to the market finally matching the highs before the pandemic plunge. For some reason, this sort of thing is proving an immediate hindrance in many rising cycles, though not all. As a result, we shall not be surprised, if this triggers, to see an attempt at the 70p level as a third level hope.

Our converse scenario, if everything decides to go wrong, demands the share price move below 52p to potentially trigger reversal to an initial 50.8 with secondary, if broken, at 47p and hopefully a bottom.

 

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
10:06:33PM	BRENT	8473.6	8445	8403	8334	8535	8609	8638	8723	8532
10:08:28PM	GOLD	2410.67								2410
10:23:26PM	FTSE	8237								8228
10:27:16PM	STOX50	5026.3								5020
10:31:10PM	GERMANY	18709.4	18527	18436	18320	18575	18784	18836	18925	18714
10:34:30PM	US500	5615.3								5625
1:04:09AM	DOW	40011.5								40032
1:06:11AM	NASDAQ	20342								20436
1:08:51AM	JAPAN	41308								41283

 

12/07/2024 FTSE Closed at 8252 points. Change of 0.35%. Total value traded through LSE was: £ 4,166,551,953 a change of -13.98%

11/07/2024 FTSE Closed at 8223 points. Change of 0.37%. Total value traded through LSE was: £ 4,843,565,860 a change of 2.51%

10/07/2024 FTSE Closed at 8193 points. Change of 0.66%. Total value traded through LSE was: £ 4,725,141,160 a change of -14.23%

9/07/2024 FTSE Closed at 8139 points. Change of -0.66%. Total value traded through LSE was: £ 5,509,291,048 a change of 31.2%

8/07/2024 FTSE Closed at 8193 points. Change of -0.12%. Total value traded through LSE was: £ 4,199,265,800 a change of -27.16%

5/07/2024 FTSE Closed at 8203 points. Change of -0.46%. Total value traded through LSE was: £ 5,765,215,799 a change of 61.04%

4/07/2024 FTSE Closed at 8241 points. Change of 0.86%. Total value traded through LSE was: £ 3,579,962,751 a change of -46.51%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

---

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **LSE:IGG IG Group** **LSE:ITM ITM Power** **LSE:OCDO Ocado Plc** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : BALFOUR BEATTY, Block Energy PLC, IG Group, ITM Power, Ocado Plc, Sainsbury, Scancell, Tesco, Taylor Wimpey,

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 405.6 Percentage Change: + 0.75% Day High: 408.6 Day Low: 402

Target met. All BALFOUR BEATTY needs are mid-price trades ABOVE 408.6 to ……..

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LSE:BLOE Block Energy PLC. Close Mid-Price: 1.02 Percentage Change: + 0.00% Day High: 1.02 Day Low: 0.98

If Block Energy PLC experiences continued weakness below 0.98, it will in ……..

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LSE:IGG IG Group. Close Mid-Price: 851.5 Percentage Change: + 0.00% Day High: 858.5 Day Low: 848.5

Target met. All IG Group needs are mid-price trades ABOVE 858.5 to improv ……..

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LSE:ITM ITM Power. Close Mid-Price: 65.5 Percentage Change: + 2.50% Day High: 65.55 Day Low: 61.6

Target met. Further movement against ITM Power ABOVE 65.55 should improve ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 380 Percentage Change: + 0.13% Day High: 388.3 Day Low: 373.7

All Ocado Plc needs are mid-price trades ABOVE 388.3 to improve accelerat ……..

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LSE:SBRY Sainsbury Close Mid-Price: 265.2 Percentage Change: -1.04% Day High: 269.6 Day Low: 265.4

Further movement against Sainsbury ABOVE 269.6 should improve acceleratio ……..

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LSE:SCLP Scancell. Close Mid-Price: 11.4 Percentage Change: + 3.64% Day High: 11.4 Day Low: 10.95

In the event of Scancell enjoying further trades beyond 11.4, the share s ……..

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LSE:TSCO Tesco. Close Mid-Price: 318.3 Percentage Change: + 1.37% Day High: 318.1 Day Low: 314.6

Continued trades against TSCO with a mid-price ABOVE 318.1 should improve ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 157.05 Percentage Change: + 1.65% Day High: 157.4 Day Low: 154.25

Target met. In the event of Taylor Wimpey enjoying further trades beyond ……..

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*** End of “Updated Today” comments on shares

#FTSE #GOLD  The chart below, painting a picture of comparative performance by Wall St, The Dax, and The FTSE since the pandemic low of 2020, doesn’t show the UK in a great light. Wall St, more than doubling from 19000 points to 39000 points, the DAX, also more than doubling from 8000 points to 18000, and the FTSE going from 5000 points to just 8400 points. It’s not a pretty picture, vividly showing how painful the UK market has been underperforming during the last four years. But to keep current, the Spanish stock exchange, the Ibex35, has “only” moved from 6000 points to 11000, nearly double and substantially ahead of the FTSE. Perhaps this doesn’t bode well for Sunday and the football match which is getting harder to ignore.

 

As for the FTSE, we’d expected the UK to be flat while the election played out to its forgone conclusion. The days since the result have proven pretty placid in a period when other markets have felt like they intend go higher than immediate logic allows. The Nasdaq for instance calculated with a theoretical “top” around 20,200 and this week has seen the index briefly head to 20,400 points before slightly reversing. Perhaps we are about ready to enter a period where the FTSE breaks free of its malaise and produce some gains?

If we’re correct in our theory, above just 8234 points should trigger FTSE gains to an initial 8258 points with our longer term secondary, if bettered, at a more useful 8300 points. Of triggered, the tightest stop could be tight at 8190 but we really prefer 8177 as a stop loss level. From a Big Picture viewpoint, should such a lift occur, we can calculate a future 8456 as apparently presenting a sensible target. Visually, we shall be concerned should the UK index make it to such a price level as it matches the highs from May of this year, presenting an image where any excuse for market jitters could easily provoke a series of nasty reversals in the months ahead.

 

Our immediate converse scenario shows with any movement below 8177 risking triggering reversals to an initial 8107 points with our secondary, if broken, a less likely 8050 points. Visually, there’s obviously a reasonable argument to anticipate a rebound from the 8107 level, if such a calamity presents.

 

Have a good weekend and do remember, if out rioting with football fans, wear a mask to remain safe…

 

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
12:15:44AM	BRENT	8534.5	8386	8336		8492	8570	8648		8474
12:19:45AM	GOLD	2412.39	2372	2356		2387	2425	2431		2405	Success
12:22:25AM	FTSE	8226.9	8188	8175		8214	8235	8256		8195
12:24:56AM	STOX50	4970.3	4962	4946		4980	5009	5024		4969	‘cess
12:27:28AM	GERMANY	18526	18414	18369		18514	18582	18640		18502	Success
12:31:17AM	US500	5592.5	5576	5557		5597	5653	5780		5570	Success
12:34:50AM	DOW	39822.5	39618	39546		39740	39874	39970		39700	‘cess
12:37:56AM	NASDAQ	20242	20200	20147		20279	20320	20359		20233	‘cess
12:42:43AM	JAPAN	41714	41472	41087		41709	41877	41906		41621	Success

 

11/07/2024 FTSE Closed at 8223 points. Change of 0.37%. Total value traded through LSE was: £ 4,843,565,860 a change of 2.51%

10/07/2024 FTSE Closed at 8193 points. Change of 0.66%. Total value traded through LSE was: £ 4,725,141,160 a change of -14.23%

9/07/2024 FTSE Closed at 8139 points. Change of -0.66%. Total value traded through LSE was: £ 5,509,291,048 a change of 31.2%

8/07/2024 FTSE Closed at 8193 points. Change of -0.12%. Total value traded through LSE was: £ 4,199,265,800 a change of -27.16%

5/07/2024 FTSE Closed at 8203 points. Change of -0.46%. Total value traded through LSE was: £ 5,765,215,799 a change of 61.04%

4/07/2024 FTSE Closed at 8241 points. Change of 0.86%. Total value traded through LSE was: £ 3,579,962,751 a change of -46.51%

3/07/2024 FTSE Closed at 8171 points. Change of 0.62%. Total value traded through LSE was: £ 6,692,388,368 a change of 28.25%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

---

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:BBY BALFOUR BEATTY** **LSE:ITM ITM Power** **LSE:NG. National Glib** **LSE:SBRY Sainsbury** **LSE:SDY Speedyhire** **LSE:SMT Scottish Mortgage Investment Trust** **

********

Updated charts published on : Avacta, BALFOUR BEATTY, ITM Power, National Glib, Sainsbury, Speedyhire, Scottish Mortgage Investment Trust,

---

LSE:AVCT Avacta Close Mid-Price: 79.5 Percentage Change: -3.64% Day High: 86 Day Low: 75

Further movement against Avacta ABOVE 86 should improve acceleration towa ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 402.6 Percentage Change: + 0.85% Day High: 403.8 Day Low: 397.2

Target met. Further movement against BALFOUR BEATTY ABOVE 403.8 should im ……..

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LSE:ITM ITM Power. Close Mid-Price: 63.9 Percentage Change: + 9.61% Day High: 63.5 Day Low: 58.65

Continued trades against ITM with a mid-price ABOVE 63.5 should improve t ……..

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LSE:NG. National Glib. Close Mid-Price: 958.4 Percentage Change: + 1.78% Day High: 969.4 Day Low: 941

All National Glib needs are mid-price trades ABOVE 969.4 to improve accel ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 268 Percentage Change: + 2.76% Day High: 268.2 Day Low: 261.4

Continued trades against SBRY with a mid-price ABOVE 268.2 should improve ……..

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LSE:SDY Speedyhire. Close Mid-Price: 40.1 Percentage Change: + 5.11% Day High: 40 Day Low: 37.95

Target met. All Speedyhire needs are mid-price trades ABOVE 40 to improve ……..

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 904.8 Percentage Change: + 0.53% Day High: 911 Day Low: 900.8

Further movement against Scottish Mortgage Investment Trust ABOVE 911 sho ……..

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*** End of “Updated Today” comments on shares

#Gold #SP500  The name of this company has long brought a whimsical smile, always hoping the TV cartoon characters “The Smurfs” were somehow derived from the company name. It was quite disappointing to discover the company was formed in Ireland, named after Jefferson Smurfit in Dublin during 1934. Over the years since, the company has taken over quite a few other companies in the packaging field, most recently WestRock and again changing their identity to Smurfit Westrock from Smurfit Kappa.

With the change of name came a change of moniker for the stock markets, LSE:SWR replacing LSE:SKG with an associated loss of historical trading data!

We’ve cheated a little on the chart below, merging the history of Smurfit Kappa with the just three sessions of the new listing, hopefully giving a reasonable clue as to what is happening as there is insufficient data to justify the positive statements being issued about the “new” listing. Maybe they are correct as we’ve not investigated WestRock, other than to discover the new entity is regarded as one of the worlds largest paper and packaging producers. Maybe there is indeed a possibility of it soaring to new highs.

 

Currently, above just 3900 works out with the potential of triggering share price movement to an initial 4368p. Our secondary, should such a level be exceeded, calculates at a longer term 4805 and the potential for some hesitation for a while. At such a level, it shall certainly require another review.

Our converse scenario, if things intend go wrong, requires the share price to dip below 3300p as this risks provoking reversal to an initial 3043 with our secondary, should such a level be broken, coming in at a less likely longer term 2705p. We judge this to be “less likely” as it would break the uptrend since 2020, something few shares are currently doing.

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
12:44:03AM	BRENT	8521.4
12:47:28AM	GOLD	2372.09	2367	2364	2356	2376	2384	2389	2402	2374	Success
12:50:53AM	FTSE	8202.8									Success
12:54:04AM	STOX50	4968
12:56:42AM	GERMANY	18448.9									Success
1:01:04AM	US500	5929.2	5616	5609	5600	5624	5638	5640	5721	5628
1:04:32AM	DOW	39691.8									Success
1:10:25AM	NASDAQ	20655									Success
1:13:48AM	JAPAN	42343									‘cess

 

10/07/2024 FTSE Closed at 8193 points. Change of 0.66%. Total value traded through LSE was: £ 4,725,141,160 a change of -14.23%

9/07/2024 FTSE Closed at 8139 points. Change of -0.66%. Total value traded through LSE was: £ 5,509,291,048 a change of 31.2%

8/07/2024 FTSE Closed at 8193 points. Change of -0.12%. Total value traded through LSE was: £ 4,199,265,800 a change of -27.16%

5/07/2024 FTSE Closed at 8203 points. Change of -0.46%. Total value traded through LSE was: £ 5,765,215,799 a change of 61.04%

4/07/2024 FTSE Closed at 8241 points. Change of 0.86%. Total value traded through LSE was: £ 3,579,962,751 a change of -46.51%

3/07/2024 FTSE Closed at 8171 points. Change of 0.62%. Total value traded through LSE was: £ 6,692,388,368 a change of 28.25%

2/07/2024 FTSE Closed at 8121 points. Change of -0.55%. Total value traded through LSE was: £ 5,218,218,449 a change of 8.89%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

---

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:IAG British Airways** **LSE:IPF International Personal Finance** **LSE:NG. National Glib** **LSE:SDY Speedyhire** **LSE:VOD Vodafone** **

********

Updated charts published on : Avacta, British Airways, International Personal Finance, National Glib, Speedyhire, Vodafone,

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LSE:AVCT Avacta. Close Mid-Price: 82.5 Percentage Change: + 10.74% Day High: 83.5 Day Low: 74.05

Target met. Continued trades against AVCT with a mid-price ABOVE 83.5 sho ……..

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LSE:IAG British Airways. Close Mid-Price: 178 Percentage Change: + 2.95% Day High: 180.3 Day Low: 176.75

In the event of British Airways enjoying further trades beyond 180.3, th ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 131.5 Percentage Change: + 2.33% Day High: 135 Day Low: 128

Further movement against International Personal Finance ABOVE 135 should ……..

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LSE:NG. National Glib. Close Mid-Price: 941.6 Percentage Change: + 1.27% Day High: 945 Day Low: 932.4

In the event of National Glib enjoying further trades beyond 945, the sha ……..

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LSE:SDY Speedyhire. Close Mid-Price: 38.15 Percentage Change: + 5.10% Day High: 38.3 Day Low: 37.25

Target met. In the event of Speedyhire enjoying further trades beyond 38. ……..

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LSE:VOD Vodafone. Close Mid-Price: 72.44 Percentage Change: + 2.03% Day High: 72.9 Day Low: 71.16

Further movement against Vodafone ABOVE 72.9 should improve acceleration ……..

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*** End of “Updated Today” comments on shares