Looks like whatever Trump tweets moves the markets.....


It looked like at one point they were destined to drop substAntially.

But... it didn't happen. I had some big shorts open hoping to make a killing from a quick crash. But in the end it was a damp one, and my stops stopped me out of them.

It will almost certainly happen at some point. I am waiting and poised. Looks like at the moment whatever Trump tweets moves the markets.

There are a lot of potential political events that could suddenly shift things so caution is called for.

Anyone's guess what happens next. In September if you told me the FTSE would be 7700 or 6000, I wouldn't be surprised at either number.

Right, onto a trade or two.

ITV (LON:ITV) has been hammered and fair enough. But it's too low I think.

I know there is just Dec left and they are Antless, but even so people are still going to tune into I'm A Celebrity.

They have content, studios and still pull in big audiences. This must look attractive to the new upstart rivals and at some point in the future a bid would be no surprise.

Anyhow I bought some today after it went down after going ex dividend.

For now, bar a market slump can't see how they could be rated much lower. If I was a tech looking for assets I would be making an offer. As long as they promise Ant comes back soon.

I've bought some Redde (LON:REDD) (Jeremy Corbyn's fave share) . Indeed I have tucked some Redde under the Bed.

Redde came up at the follow up seminar, a suggestion from a delegate.

It didn't do much the last year ranging from 145 to 180 and back again and currently sits around 170. It broke up to 200 or a bit.

It did a trading statement Apr 27th last year so expect one around the same time this.

If the shares started to fall before said statement I'd be tempted to bag a small loss just in case. it pays out a dividend of 7pc. A negative is net debt has risen.

Interim statement was very strong and Jan and Feb trading was fine. It could surprise to the upside.

Vectura (LON:VEC) looks to have been well oversold. I don't get involved with many drugs companies as they're hard to value. Value often based on drugs that are to come.

It took over another company a while back and has suffered since. Falls also came because of delays and problems with new drugs.

But. It's half the price it was and I wonder if a large company might put the slide rule over it. I would. Pick it up on weakness?

Also you never know with these companies. One big drug announcement and they can fly. Of course the downside is the reverse.

But overall given the falls it doesn't look too risky and I would think a lot more upside left and not so much down.

And I topped up on my big long-term winner Avon Rubber (LON:AVON).

My reason was the shares are rising and there are some very big buyers right now. Indeed as I write there is someone wanting to buy £70,000 worth of shares just under the current price.

A strange one with two different divisions, dairy and defence!

But it keeps on picking up orders for its rubber masks especiallyfrom the states. War and armies and all and Trump in charge? Would be no surprise to see more orders.

I also gather in certain circles in Surrey the masks are very popular for... erm... kind of... naughty department. Throw your car keys in the hat and good luck!

Sometimes you get a lucky break. I'd bought Kape and expected it would do well, but slowly. I thought maybe 3 months to head up to over a quid.

And do you know what? Some tipsheet tipped it.

It rose 15%.   Market makers of course who aren't fools already marked it up by more than 10%. Then it carried on going, 20%  well over what I was after. I think 20% is nearly as good as a bid.

Anyway I banked a profit of £1,766 at over target much faster than I expected. My thanks to whichever tipsheet it was. Might be another trade there soon as it actually does remain a decent share. I'd be happy to buy back and
it does look worth at the very least 100p. You could easily argue much more. So I expect to own again soon.

I banked profits in the stck short. When you're in a short andthe share begins to rise fast against you, it's usually worth getting out before you lose your profit. But eyeing up a return!

And the Superdry short has paid off nicely and I've banked profits on that one too.

The portfolio has has a fabulous couple of weeks with lots of gains all over.

Safecharge is on the way up - I have a lot of those and hopeful of a bid.

Nice report from Next Fifteen (LON:NFC) and the price continues to rise with a main broker setting a 550p target on them which seems reasonable.

K3C (LON:K3C) - whoa! Superb rises here. And whenever profit takers come in and it dips, buyers come in. 130p to 400p is a nice feeling. The question is can it do more? Well, there seems nothing stopping it for now.

Sopheon (LON:SPE) too has been rising very nicely, shame about the awful spread though you candeal within it often.

The Sunday Times picked up on Fulcrum's entry into the electric car charge market that's pushing up the price - more to come up to 100p? Amino has been flying over the last couple of days.

And Alliance Pharma has gained very nicely since a very decent statement. Concur Tech has started to climb again.

The market's had a good run this week so some caution required maybe. Be interesting to see whether gains can be held. Or more gains available. Or a slump if politics doesn't go well.

I see residents in a street named "Bell End" have beaten a council who wanted to change its name. well done them.

The council is obviously full of bell ends.

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Next Fifteen Communications Group PLC named herein, including the promotion by the Company of Next Fifteen Communications Group PLC in any...



Full interview: Eckoh PLC doubles its US revenues with 'more to come', says...

Eckoh PLC's (LON:ECK) Nik Philpot talks Proactive through their results for the six months to September 2019. The group enjoyed significant commercial traction in the US, where revenues doubled and, since period end, they've landed a deal with an unnamed Fortune 100 retailer. For the group...

9 hours, 14 minutes ago


Additional Listing

1 day, 11 hours ago

Price Monitoring Extension

2 weeks, 1 day ago

Total Voting Rights

2 weeks, 5 days ago

Price Monitoring Extension

2 weeks, 6 days ago

Additional Listing

on 7/10/19


on 1/10/19

Half-year Report

on 1/10/19

6 min read