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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - February '18

February 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.

In a strong market, the portfolio rose 1.4% to a new high but it could have been better had Luceco not warned. Our view is it’s mostly a storm in a teacup (see update on page 6) and we may at some point average down the portfolio’s holding. Elsewhere, it feels like 1999 again, helped by a rising oil price, which has lifted Tullow and particularly Premier Oil (also a timely NAP). There are as many views on oil as I’ve had hot dinners but the most intriguing is that Saudi national oil company, Aramco, is floating this year and the ruling family will stop at nothing to manipulate prices higher until they’ve got their money out. Once that float is out, I expect the oil price to fall back. NMC (acquisition), Hostelwo ...

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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.

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