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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - October '19

October 2019

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 strong month for the TMI Trader portfolio, which gained nearly 3.5%. NMC Health returned to form after strong results and rumours of stake building; 4Imprint moved above £30 and Dunelm announced a 32p special dividend. However, the big swing factor was the spike in oil (Brent initially gapped US$12 / barrel higher) following a drone attack on key Saudi Arabian oil processing facilities, which knocked out half the country’s output or 5% of global supply. This helped our constiuents, which currently account for  a quarter of our invested capital. Analysts say oil could hit US$100 / barrel if the narrow straits of Hormuz are blocked by Iran to disrupt tankers. We originally went top heavy in oil due to the US sanctions shutting out ...

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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