Again I will make this short and sweet. Last week was a bit ‘sub-optimal’ with me receiving 2 Profit Warnings (BOO and IOM) in the latter 2 days. This hit my performance and the Hedges did not offset the hit as I had hoped, but of course this is all part of the Great Game and it is just something to mentally put in the past, and to keep moving forwards and sticking to the Strategy/Approach.
October can be an iffy month with many of the classic Market Crashes of the past having taken place during this month. However, I don’t expect anything like this and the weakness we are suffering now is pretty normal and I see it as a prelude to more gains ahead. We may however see more sector rotation as many Stocks have got daftly overvalued. Valuation ALWAYS matters. Brent Oil Composite All the Charts I show are taken from the excellent SharePad software I use and if you click on the images then they should get a bit bigger on your screen (I recommend you read these Blogs on a big screen rather than just a Fone – there is a lot of detail to be seen). I know some Readers actually look at their Charts on SharePad or whatever method they use as they read through my blogs.
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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
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