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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - August '20

August 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.

Analysts note a two way pull developing in shares as on the one hand investors anticipate a “v-shaped” recovery due to loosening of lock-down restrictions but on the other hand fears persist over a sharp rise in unemployment once the furlough ends in October. The result is that after two strong months, the FTSE-100 and FTSE-All share finally succumbed to profit taking, both falling 5%. The TMI Trader Portfolio outperformed these indices, remaining unchanged. Three constituents rose during the period including Plus500 (trading update), Premier Oil (restructuring its BP acquisition) and Avast. The latter jumped 70p (15%), largely thanks to trackers buying in following its recent promotion to the FTSE-100.  This mo ...

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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