Rough with the Smooth

After an excellent run, yesterday wasn’t one of the better days for my portfolio. I have been holding construction company Galliford Try and the share suffered a 10% drop after a 98 million pound one off cost was announced. The fall to slightly above 1300 went well below the VectorVest calculated stop loss. My entry […]

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A Big Miss on US Jobs

Missiles and a big miss on the data front are the main news at the end of the trading week on Friday 7th April. The good news is that stock indices on both sides of the Atlantic are none the worse for wear. I will leave your weekend papers to discuss the ramifications of President Trump’s […]

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It’s time to be very careful with open profits.

I will keep this short and sharp, as no number of words can predict what is going to occur next on a trade by trade basis. The VectorVest Composite UK is shown below where the rising wedge that I have spoken of here has completed. The price of the Composite has risen while the MTI […]

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The Wall of Worry… Once more…

I have no idea who first used the expression “markets climb a wall of worry”, but it correctly describes the present situation. Two weeks ago, I felt that there was further upside in the stock markets that I follow (US, UK and SA). I still hold that view. Below I show a daily chart of […]

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