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Market Comment - 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.

Whether markets go up or down, whether economies grow or reverse, it all depends on confidence. Most of the time the majority of us are sufficiently confident to take positive action in our lives, starting with having cause to get out of bed every morning.  It is when confidence is at one extreme or another that we must pay more attention. The stock market indices are one barometer of confidence or social mood from day to day (at least that of investors and those in their sphere) and before 2018 it was clear that stock market confidence was at an extreme. This created the stock market vulnerability, which we frequently highlighted.  So far, so conventional. Back in the 1930s a gentleman called Ralph Nelson Elliott n ...

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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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