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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - April '20

April 2020

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

It’s shocking how quickly the picture has changed due to coronavirus; it wasn’t long ago Wall Street had hit new highs but now there’s indiscriminate selling and fear as no one can quantify the likely economic effects and duration. The FTSE-100 is down 32% (54% from its peak) while small caps have fallen 45%. Helped by our large cash pile the TMI Trader Portfolio fell 20%. Relative strength is now measured not by what is going up but in how little shares have fallen. On that measure 4Imprint (trading ahead of expectations), Dunelm (32p special dividend), B&M (sale of German loss-maker) and IG Design (upgrades following eps enhancing acquisition) comprise our better performers. However, the one to buy is probably Plus500, which ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X