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Market Comment - March '21

March 2021

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.

Everything seemed to change on Pfizer Monday, 9th November, when hope for the future could be cashed in for something more concrete - recovery fuelled by a pandemic vaccine. That road to recovery reached another important milestone last Monday (15th Feb, Pfizer Monday II) with news from Israel confirming 94% effectiveness for the Pfizer drug, in real time. That day the UK stock market enjoyed a broadly-based sharp bounce on increasing volume. The UK stock market went up 2.5% whereas France and Germany were up by 1.45% and 0.42%, respectively.  This was no one-off; it has been commonplace since Pfizer Monday in November.If confidence is the fuel for markets, we should also expect more of the same, whether with the J&J singl ...

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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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