image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Our latest issue will be released in 9 days, don't miss out!

TMI Trader Portfolio 2 - December '23

December 2023

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.

Sentiment has improved amongst UK small caps, perhaps in response to the second consecutive “hold” on interest rates by the Bank of England and an improved 6-3 vote split (from 5-4). Historically shares have rallied as investors front-run the next base rate cut, which is now expected before the summer. Hedge funds which had been short are now exiting their overcrowded trades. So in 2024 you could see some large re-ratings with shares “gapping” higher on news which may often be in line (given the low PEs) - and a lag effect means that this will still happen even if unemployment rises, more companies fail and the media wails about a never-ending recession. The market updraught has helped TP2 rise 1.6%, mainly due to a rally from H&a ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

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