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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - August '18

August 2018

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.

A quiet month for the TMI Trader Portfolio, which fell 0.5% in a period where the FTSE All-Share went down 1.5%. NMC hit a new high of £38 after unveiling a J/V in Saudi Arabia but the top performer was IG Design, which spiked to 509p after forecast busting results led to further upgrades. Our mini portfolio of oil shares looks increasingly well positioned even after OPEC said it would raise production around 700,000 barrels a day. The key factor is that Iranian oil sanctions will begin in November, which could take 2m barrels from the market and some analysts believe there will be zero spare capacity at the start of 2019. The penny is finally dropping with Jefferies upgrading average oil price forecasts for FY’18-FY’20 by 1 ...

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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