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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - January '19

January 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.

Despite Federal Reserve Chairman Jay Powell signalling a more dovish stance to further interest rate rises, markets have fallen in reaction to trade war fears between the US and  China with the FTSE-100 and All-Share indices down 4.7% and 5%, respectively. Amidst that backdrop, the TMI Trader Portfolio fell 4.8% to £639,559. SSP enjoyed an upgrade, plus a second special dividend in consecutive years, while IG Design also lifted forecasts, but overall the portfolio was dragged lower by our oil holdings even though OPEC has just announced a 1.2 million barrel cut to supply. Ironically, Premier and Tullow (we’ve updated on both) have returned to the rudest of health with production up and debt lower. Premier’s drilling results ...

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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

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