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#Gold #DAX Sorry our Friday report was cancelled.<\/p>\n
An unasked question, what would happen if a potentially fatal allergen was injected finally was answered on Thursday, a few hours after this years flu vaccine was administered. There has never been a personal need for an ‘epipen’ due to my egg allergy causing immediate burns to the skin, making it literally impossible to accidentally eat something like a Milky Way or whatever. But when my lips decided they wanted to “do a Mick Jagger” while my eye lids swelled up, the penny dropped and it was time to read the leaflet which was given after the nurse had provided her ritual stabbing. The news this years vaccine was incubated in egg, risking egg protein making it into the recipe, provoked a panic run into the bathroom to immediately take three “One A Day” antihistamine pills. It was easy to forget another detail, the fact my 10th(?) Covid-19 booster has been provided at the same time, so blaming what unpleasant side effect could be attributed to which vaccine became a game.<\/p>\n
Long story short, Thursday night was personally truly interesting, forcing the decision to ‘throw a sickie’ for the first time ever! As the bloke who creates the header article, along with providing market futures calculations, it was decided wandering around carrying a blue emergency bucket was probably safer than sitting down and trying to apply logic for Friday! Worse, not a single idea germinated as the subject for the header article, aside from fury at forgetting to ask “the egg question” while the nurse and I were chatting about our Golden Retrievers and favourite local dog walks. It is a genuinely small community here in our bit of Argyll, creating a mindset where it’s easy to forget the glaringly obvious. There was absolutely no way the nurse would have been aware of my funny allergy. By afternoon on Friday, there was a degree of guilt as all symptoms vanished, the only thing remaining to catch up on sleep and by Sunday, the idea of eating resurfaced…<\/p>\n
On a happier note, did try and sing “Satisfaction” by The Rolling Stones, and didn’t sound anything like Mick Jagger!<\/p>\n
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As for Lloyds, we reviewed them three weeks ago, the share price doing very little of interest in the period since. Thus far, it has failed to reach our initial 88p target, the rise stalling at 86.8 and now looking like some weakness risks making itself known. Currently, below 81.5 risks triggering reversal down to an initial 79.1 with our secondary, if broken, a probable bottom around 75.7p, once which shall hopefully provoke a rebound. From our perspective, Lloyds Bank now needs close a session below 73.4 to inspire a similar level of panic to the discovery of Egg in a Flu vaccine.<\/p>\n
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However, we remain with the suspicion the market is just messing around until BoE decide to assist the UK economy and reduce inflation rates by bringing our exorbitant interest rates down, a failed economic experiment which has been discredited in the majority of G9 nations, aside from the USA and UK.\u00a0 Should the UK opt to be kind to interest rates on Nov 6th, it is now the case where above 86.8p should bring share price recovery to an initial confident 91.5p with our longer term secondary, if bettered, at 110p. We suspect, quite firmly, Lloyds share price intends head upward.<\/p>\n
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