Ocado shares are top the UK 100 this week, up 10.9% after a reassuring trading update. As a result, this takes its 2019 rally to 56%. This easily outperforms both the UK 100 (+8.3%) and its little brother, the (+3.8%). In fact, it’s second only to Dunelm (+62.8%) on the . Its 39% bounce from late-February lows…
UK Index stocks are lively as ever. The benchmark is +8.3% so far this year. Many of its components are rallying. Some are rising on momentum, others are already at the top of a range. We broached the subject a couple of weeks ago but the recent market movements warrant a revisit. Does the UK Index ‘s…
UK Housebuilders are extremely popular among retail investors. They are an exciting investment prospect, and for good reason. Over the past 5 years, the Household Goods & Home Construction sector has outperformed the UK 100 Index by almost 30%. Talk about a big beat! Over the past year, this out-performance may have cooled a bit. The sector…
The UK 100 index of blue-chip companies has finally resumed the long-term rising channel uptrend it began after Christmas. Having spent the last month consolidating 11% rebound gains from its post-Christmas 2.5 year lows, today’s breakout opens the door for a 4.5% rally back towards September’s 7555 highs. Bulls need a break above February’s 7260…
Cheltenham racing festival has been in full swing all week. Many of my clients are curious how their favourite UK Index -listed bookmaker has been faring on the stock market. The horse racing extravaganza has been a godsent for the bookmaker shares. All the big bookies are off their lows after falling sharply earlier this…
Two weeks ago I wrote about UK Index Miners. My focus was on sector giant Rio Tinto but my observations about share price recovery applied just as much to peers. Trends are intact, bulls still optimistic, in spite of troubling news. China Trade data showed exports growth plunging 20%. This bolstered fears about a protracted US-China trade war. The price…