I don’t have a lot of time tonight as I am intending to go to Silverstone tomorrow for the British Motorcycle Grand Prix and I have spent most of today and yesterday watching the Practice and Qualifying sessions !!!
Last year the Race got cancelled due to terrible weather (Silverstone is not somewhere you want to be in the usual horizontal driving rain you often get there) and I missed out on that so I am dead eager to get there tomorrow and it might be the last chance to ever see Valentino Rossi ‘in the flesh’ as it were. On top of that I feel like having a laid back weekend especially after the recent problems I have had with my hip which hopefully are sorted now but I am still being very careful with it.
0 Comments
The clock (or timebomb !!) is ticking down to the 31st October and the likelihood of the UK leaving the EU on ‘No Deal’ terms seems to be rising and is looking like a very high probability now. Of course the EU could prevent it by coming up with a new ‘Deal’ that removes the Irish Backstop (or perhaps a time limit although Boris Pecker claims that this would not be enough – I suspect if the EU offered this then enough MPs would support it) and there is a theory kicking around that the EU will do that once any attempts by pro-Remain MPs have failed. Trouble is in terms of the Markets they could do one heck of a lot of fretting and worrying before such an event and we could see significant falls before that happens.
Jezza Corbyn has put forward the idea that if MPs vote down the Boris Government in a ‘No Confidence’ vote, then he would lead a ‘Government of National Unity’ (what a ridiculous name – it would only be something Remain enthusiasts would like and is certainly not going to ‘unify’ Leave Voters – except for them to vote for the Brexit Party and destroy the Tory Party) for 2 Weeks and there would be a General Election and Labour would offer a Second Referendum.
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.
I don’t intend to make this too long a Blog as I am sure most Readers are rather aware of who or what Vodafone VOD is and in many ways over-analysing megacap Stocks like this is rather a waste of time. If you nip over to the ‘Trades’ page of my Website (that sits on the main WD site) then you should see the specific details of my recent VOD buy on there and it is worth noting that this is merely a ‘Starter Position’ which gives me a ‘Foot in the door’ because if I do not do this I tend to forget about the Stock and my attention gets dragged off to something else.
Of course the big story in the Private Investor world last week was about a Shorting Attack on a particular Stock but enough has been said about that by anyone and everyone and I don’t have the energy or the time to bother saying more today. Anyway, what I found more relevant for myself and how I do things was the news that for the last Quarter, the UK had recorded ‘Negative GDP Growth’ of 0.2% and with the Political shambles and bitter fighting that is likely in September and October, I cannot see anyway that the UK avoids dipping into Recession, which is defined as two successive Quarters of ‘Negative Growth’.
I mentioned on Twitter a while ago that I was having some grief in my Personal Life or words to that effect and this meant that I couldn’t issue a Weekend Markets Blog last Week. Anyway, things have improved and I can just about bash something out Tonight and I desperately want to ‘analyse’ the Index Charts because last Week was quite messy and I suspect this could be the start of ‘The Big One’ although it does seem a bit early but that makes some sense with fears of a ‘No Deal’ Brexit and of course a slowing Global Economy and Trump continually slapping Tariffs on China. However, I will try to keep this fairly short but that is obviously not in my nature !!
|
Stocks & Markets WheelieBlogsThese tend to be more Markets and Stocks related and timely - the Blog Page on the Main WheelieDealer Website has the 'Educational' stuff (well that's the theory anyway !!). Archives
October 2021
Categories
All
|