If Hollywood ever made a movie about my stock broker career, I would call it: “Dr. Rangelove, or: How I Learned to Stop Worrying and Love the Volatility”. Many of my trading clients dislike the word volatility, thinking it’s a negative aspect of the stock market. My goal is to help investors embrace volatility, master it…
The UK 100 is ebullient, ending the trading week 0.9% higher after a strong 2-day rally that took the blue-chip index +2.7% from this week’s 6796 lows. Moreover, this has taken the index’s YTD gains to +3.7%. Much of the advance can be chalked up to a weak Pound Sterling, which fell on weak UK…
The UK Index rally from December 27th 2.5yr lows of 6538 has extended to 425pts or 6.5%. The index of UK-listed Blue-chips is up almost 250pts, or 3.4%, so far in 2019. Depending where you draw your trend-line, a breakout could be on the cards. We could soon be trading a 7000 handle again. We haven’t…
“I’m waiting for the Big One!” You wouldn’t believe how often I hear this from UK Index investors. Whether it’s Brexit, US-China trade war or Bitcoin, many traders keep waiting for the markets to rally or correct on the back of some major financial or geopolitical event. What I see are all those successful trading…
A month ago I wrote about the raft of UK Index Retail/Consumer companies publishing trading updates in Jan. This was important, in the context of a widely traded and changing sector which is shifting more and more online and consumer confidence at risk of Brexiteers. It also followed a downbeat statement from Primark-owner AB Foods and…
The UK 100 looks set to close the week on the back foot, labouring under GBP strength. This came courtesy of timely speculation of a Brexit delay ahead of Tueday’s meaningful Brexit vote in Parliament. The index will, nonetheless, book a 1% gain, extending late December’s bounce from 2.5-year lows. This was inspired by after…