Unilever plc (UL)

All Comments on UL

  • commenter
    Jul 28 11:10 PM
    Wall Street Breakfast: Must-Know News [view article]
    FWIW, not all brokerages offer their customers the same access for after-market and pre-market trading, e.g. OptionsXpress allows their users to access to pre-market trading (via the ARCA exchange) from 8-9:30am, not 7-9:30am.

    This was a mystery to me, as I could see trades taking place before I could trade, and I was wondering WHO was trading during hours I didn't have access to! I suspected shenigans, but if you're into trading outside normal hours, it might be wise to inquire what hours are offered.

    For the most part, most pre-market traders tend to ramp up (or sell off) stocks well outside reasonable levels (not to mention over-night trades which are filled at open), and hence why you'll see the market make a quick correction before the price/trend stabilizes.
    Reply
  • commenter
    Jul 28 08:51 PM
    Wall Street Breakfast: Must-Know News [view article]
    There is after and pre market trading from 4-8PM and 7-9.30Am in the US. Everyone can do it, after establishing an agreement with the broker. After market trading costs a bit more, a few cents per share.
    Many companies announce earnings after the market close and that move the price in the after market. Also, if it is a foreign company, like an ADR, it could be affected by something overseas and you'd see it at 7AM at pre-market. For example, MTL fell from 26 to 24 pre-market on news from Russia, and then from 24 to16 at the open.
    After market is very illiquid, so I don't think an average investor looses much by not being able to access it.
    I use it when I need to place a trade for a scan that runs after the close. But if I don't expect a gap in the morning, then I just wait for the open.
    Reply
  • commenter
    Jul 28 05:24 PM
    Wall Street Breakfast: Must-Know News [view article]
    Pilar
    If you open a Schwab account they will give you a program called Street Smart pro. This program allows pre market and after market trades along with normal hours trading. You can sit and watch all the shares being traded and actually watch the price movement.
    The program also provides fantastic charts that show live moving averages along with the Relative Strength movement.
    I trade pre market and after market with it and it works great.

    Reply
  • commenter
    Jul 28 04:34 PM
    Wall Street Breakfast: Must-Know News [view article]
    Thank-you one and all for your information, esp. "The Whole Picture". I have noticed that sometimes a stock's price may have moved a great deal since it's 8 p.m. after hours close, in response to some (good or bad ) news. By the time the market has opened for the da,y the stock's price has already made it's big move for the day! Reply
  • commenter
    Jul 28 01:28 PM
    Wall Street Breakfast: Must-Know News [view article]
    Eli, please respond to conversation thread re: after-hours trading. I am afrraid there is some misinformation in the well meaning responses to pilar and I may be misinformed as well. My understanding is that there is after hours trading occurring here (U.S.) and not just in global markets. I have been caught out in the cold when after hours earnings triggered after hours losses to this market. My research shows that mostly large institutions make block sells or buys by participating in after hours trades that are legally open to individual investors, but by ways not known to many of us. Thank you. Reply
  • commenter
    Jul 28 01:08 PM
    Wall Street Breakfast: Must-Know News [view article]
    This would be more useful if it arrived before the market open! Yes, otherwise excellent.... Reply
  • commenter
    Jul 28 11:01 AM
    Wall Street Breakfast: Must-Know News [view article]
    E trade will establish a global trading account for any customer. But you will find that transferring money in and out costs you about 2.5% in exchange fees plus a 20 buck commission at minimum on trades. Reply
  • commenter
    Jul 28 10:55 AM
    Wall Street Breakfast: Must-Know News [view article]
    Thank you Eli...Always very informative...Mitch Reply
  • commenter
    Jul 28 10:14 AM
    Wall Street Breakfast: Must-Know News [view article]
    To wholepicture; Thanks for the tutorial. I learned something this morning. And many thanks to Eli who makes all this possible. Reply
  • commenter
    Jul 28 09:58 AM
    Wall Street Breakfast: Must-Know News [view article]
    Whole Picture:
    I have been reading about futures, trying to learn, and this explanation puts it all very simply. Thanks for all the typing!
    Reply
  • commenter
    Jul 28 09:36 AM
    My Website
    Wall Street Breakfast: Must-Know News [view article]
    Pilar:
    Contact E-Trade directly to see what you need to do to have them allow you to trade in the overseas markets. THEY are your one and only reliable source of good information. Anyone else's views/opinions/advice are worth what you pay for them.. i.e. Nothing.
    go out to Etrade.com and search for Overseas trading or send them an email asking about it.

    (P.S. this advice also cost you nothing.)
    Reply
  • commenter
    Jul 28 09:20 AM
    Wall Street Breakfast: Must-Know News [view article]
    To Pilar:

    Except for the relatively few items being traded on multiple markets, stocks don't really "move" after extended trading hours. It is simply a case of supply and demand. Let's say a stock ends the day at $10 per share. After trading stops, let's assume some very bad news is published about the company. The next morning, when trading begins, no one in their right mind would enter a bid for $10. The best bid might be for $5, so that the first trade of the day was $5. The stock did not move overnight from $10 to $5. You did not lose out on a chance to trade on the way down after the news was released. There were simply no buyers as the price dropped from $10 to $5.

    After saying that, there are some private markets (i.e., those used by larger institutions) that may be in after-market trading, but I am not sure that is the case. Regardless, the same rules apply -- the price does not move around in a linear fashion -- it jumps around based on available buyers and sellers.

    A good example of where this can hurt you is with a stop loss price. Let's say you own a stock trading at $10. You want to protect yourself from any major losses, so you put in a stop loss order for $8. However, some bad news is released such that all buyers reduce their bids to $5 or less. Unless your broker was kind enough to "guarantee" your stop loss order (highly unlikely), your stop loss would be forced to sell at $5 because there are no available buyers at $8. The price jumped from $10 to $5 instantly.

    This is one of the reasons businesses make announcements after trading stops. It allows all shareholders and potential investors equal access to information, so that the share price can adjust appropriately and the market open at a fair price given the new information.
    Reply
  • commenter
    Jul 28 09:09 AM
    Wall Street Breakfast: Must-Know News [view article]
    This is a meaningful start for the morning of markets. I have been upset for many years about excessive leverage and short sellers. Especially when we all know that noone knows who is doing it and how much is done. We need transparency at least and regulators who believe in free markets, not greedy markets. Reply
  • commenter
    Jul 28 09:01 AM
    Wall Street Breakfast: Must-Know News [view article]
    1. deaverb, I totally agree with heaping praise on Eli. He is one of my first-thing-in-the-mor... reads, every day. Thank you, Eli.

    2. pilar, although I have not done it, I believe most brokerages allow pre-market trading. Like pilar, I would be very interested in hearing comments about experiences with e-trade's foreign trading capabilities. Thanks.
    Reply
  • commenter
    Jul 28 08:53 AM
    My Website
    Wall Street Breakfast: Must-Know News [view article]
    Eli does it again, as always. I feel like Johnny One Note, but fear someone will get Eli to do something different. A wonderful way to start the day being put in the picture, especially the short stories and EPS reports (well, that's about everything; so I guess I like everything). Reply