I’m starting this Blog really late tonight after quite a boozy night last night and getting up late and just letting time run away really, so I will need to whip through it pretty pronto. On top of that, I am suffering more than my usual handicaps as I have a huge and unwieldy bandage on my middle finger on my right hand and every time I try to type a y it actually produces yk, it is quite irritating !!
And I am struggling to see anything because I have tears of sadness in my eyes which I suspect is from seeing my beloved BMW Z3 go to a new owner yesterday – or then again, it might be because later this week I will turn 55 which is truly terrifying or maybe it is simply because my Stocks were down a bit last week !!
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THIS IS NOT A TIP OR RECOMMENDATION. I AM NOT A TIPSTER. PLEASE DO YOUR OWN RESEARCH. PLEASE READ THE DISCLAIMER ON THE HOME PAGE OF MY WEBSITE. IF YOU COPY MY TRADES, YOU WILL PROBABLY LOSE MONEY. I HAVE A LARGE PORTFOLIO AND I USE DIVERSIFICATION TO SPREAD RISK ALONG WITH TRICKS LIKE HEDGING AND OCCASIONALLY BY THE USE OF STOPLOSSES - IF YOU BUY ANY STOCK YOU REALLY SHOULD FOCUS ON HOW IT FITS IN WITH THE REST OF YOUR PORTFOLIO AND KEEP RISK MANAGEMENT AT THE FOREFRONT OF EVERYTHING YOU DO. BE AWARE THAT ALL INVESTORS/TRADERS GET THINGS WRONG AND MANY STOCK SELECTIONS WILL WORK OUT BADLY.
Live Company Group LVCG has been a bit disappointing recently and came out with a Profit Warning on Friday 17th January 2020 which you can read here: https://www.voxmarkets.co.uk/rns/announcement/6c81371b-b106-4716-a126-e96c59f8f96f/ They also held an Investor Event the same day at Wembley Stadium and kindly James @fsjamescampbell on the Tweets shared with me a recording that he made on the day. You can listen to that here, but I understand it is about 2 hours long: https://drive.google.com/file/d/180TzeyvnkpDXFl3TUYiUwnDITZzS7jTN/view Following this, my mate Charles @charles32576349 made the notes below from listening to the Recording and he very kindly agreed to let me send it out as a Guest Blog.
It’s been a stunning start to 2020 with only a shade over 2 weeks done my Portfolio is flying and I am pretty sure many other Private Investors are stacking up the gains. I am probably right in saying that this has been the best start to a year ever for me - although neither week so far has been as good as the first week of 2018 which was my largest week ever. Unfortunately back then it was totally a false dawn and the Markets were pretty miserable for the rest of the year !!
Of course we could get a repeat of 2018 but my hunch is that we won’t – there are lots of signs that Markets are in very good shape and although I expect some sort of Consolidation, either in the form of a bit of a Pullback or by going sideways and grinding out the over-bought conditions, but once we get through this, I suspect we will see Markets go higher. The normal seasonal pattern is that January and February are good months and that as we get more into March and April things can go a bit smelly - that has to be likely this year as well.
Firstly some annoying aggravation I need to write about which will no doubt affect you long-suffering Readers and myself for a few days. I have had a problem with my Fone for several weeks now where it gets extremely hot whenever I talk using it and clearly something was not right so I bought a new Battery from Amazon. Anyway, I thought that might fix the problem and determine whether or not there was a fault with the Fone (it is a fairly old Samsung S5 and in all honesty I could do with something a bit more modern), but in recent days as a result of what the title of this blog refers to, I have made a lot of Fone calls and inevitably the Fone got silly hot (it was literally burning my ear) and it has destroyed the new Battery.
I don’t intend this blog to be hugely lengthy as I still have a feeling of holiday mood and of course tomorrow we get ‘back to work’ really but I must say I am very eager to get on with some sort of normality again.
I’ve really enjoyed this Xmas / New Year break despite the abysmal weather and it does seem like it has been unusually long this year although that is probably just some sort of weird psychological impression I have rather than any actual reality. It might be because of where Xmas Day fell being on a Wednesday and we seemed to have loads of little ‘non’ days where the Markets were open and several half-days which are a bit silly. So I have a clear feeling that I have not had to work all that hard in recent weeks. |
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