This Blog 2-parter is looking at a high level at the decent Listed Stocks related to the Video/Computer Gaming sector with a view to me choosing one for further in-depth Research and ultimately tracking down the best one as I see it to buy. To be fair, of the 3 I looked at in Part 1 they all look quite good although a common issue is high valuations but that is something I can live with, as long as I am buying something where the quality is high and I can see it having long-term endurance. You can find Part 1 here:
https://wheeliedealer2.weebly.com/stocks--markets-blog/video-gaming-sector-part-1-of-2-including-tm17-kws-fdev Now I will look at a couple more.
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For several years now I have been attending a very good little Conference thing that Shares Magazine and Cenkos organise in Islington at the Business Design Centre (same place as the Master Investor Show), and I have signed up to show my face there again in 2020. It is on Tuesday 11th February and is FREE to attend which of course is always welcome, and there are usually quite a few Companies attending and you get presentations by them and they usually have a Stand outside as well. It is in a side room at the BDC but is still quite large and it’s a very pleasant event I find.
From the list of Companies on the website I particularly would like to talk with DUKE to really figure out what they do and I note that IXI are there and also VEL who have had a torrid time as a listed business but might have potential hidden away underneath. I have just spotted that MANO will be there as well which might be interesting.
It’s not difficult to have noticed that the Video/Computer Gaming sector is utterly flying at the moment and sadly I have missed out on the run so far, but I suspect there might be more upside if the right Stocks are chosen. Before writing the recent Stock Idea Blog about Gateley GTLY, I had a quick look at some Video Gaming plays and ended up dismissing them and deciding to work on GTLY instead. Anyway, since that I have reconsidered the situation and if I can find something suitable then I might put some dosh into the chosen Great White Hope.
My thinking for this Blog is to do a very high-level look at the potential Video Gaming Stocks that I can identify and after this I might decide on a particular one and do a further more detailed Blog about that chosen Company. I am not sure when this will happen and of course it is highly possible that I decide that none of them really grab me.
I’m starting this blog much later than I usually do on a Sunday night simply because I just seem to have been chasing my tail all day and getting nowhere. I guess watching hours and hours of MotoGP from Valencia didn’t help but it was the last race of the season and the final race for the legend Jorge Lorenzo who is retiring at the ripe old age of 32 after 5 world championships. I have several subjects etc. I want to cover and I also want to shove some Stock Charts in so I need to attack it with much gusto.
Last Tuesday I went up to Chiswick for the Mello Event and had a really fun and useful day out. I ended up leaving after 10pm and totally lost track of time although of course the big advantage was that traffic was very light on my way home to Windsor. It was great to meet up with loads of people that I have met over the last 5 years of doing the WD thing and these Events are increasingly a big social occasion where loads of us meet up from all over the country – the Company Presentations and stuff are much appreciated from what I can tell but the social side is also a huge attraction and a good reason to take advantage of these opportunities to meet up with like minded people and to bounce ideas off them and suchlike.
It’s quite nuts when you think about it but we are only on something like day 5 of the Election Campaign period and we have just under 5 more weeks to go – it is certainly a very daunting prospect. I think we can be pretty confident this will be the most painful Election experience of our lives whatever our political viewpoint happens to be. I am convinced that Social Media, 24-hour News and the Internet have had a terrible effect on how our Politics is done but it is also clear that something has gone very badly wrong with the type of people who are somehow finding their way into the whole political game and, most unfortunately for us, often ending up as MPs.
It has been clear for ages that ‘Career Politicians’ has been a big problem for many decades now but it seems to be the case that we have far too many MPs who have never done a real job and they have gone from studying politics degrees etc. straight into Political Activist type non-jobs and eventually followed a well-trodden path into ruling over us. Or even worse, they have gone from the Trade Union structures and ended up with key roles in the Labour Party which perhaps explains much of why that particular Party has totally lost touch with the electorate that they are supposed to represent.
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.
This is Part 2 of these GTLY Blogs and you can read Part 1 here: http://wheeliedealer2.weebly.com/stocks--markets-blog/stock-idea-gateley-holdings-gtly-part-1-of-2
In many ways it makes no sense whatsoever (more on that in a bit) but last week the S&P500 and other major US Indexes made New All Time Highs (ATH) and that can only really be seen as Bullish. I will show the S&P500 Chart later in this blog.
This gives me a problem. All year I have been running a Short Position on the S&P500 in order to Hedge against trouble that I expected to hit Markets, but rather surprisingly the Markets have been pretty strong for all of 2019 so far and I have had few opportunities to unwind my Shorts in a way that minimises the damage. My current thinking is that very soon I will close my S&P500 Short and take the hit but I will keep the Shorts I have running on the FTSE100 as the potential turmoil from the General Election and its outcome is significant. When it comes to Hedging there are really 2 different types with regards to how I now think about it – Dumb and Smart. |
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