image

The best stocks to buy since 1993

Latest issue now available

Market Comment - May '19

May 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.

In January we said “the correction underway [since October 2018] is a wave 4, which will be followed by a final uptrend within a much larger uptrend, which began in March 2009.” With the benefit of hindsight, when we made that comment, the correction was already over. What is going on?As a quick aside, by “wave 4” we refer to an Elliott Wave structure. This form of technical analysis defines market movements in waves, created by the masses of traders as they swing between optimism and pessimism. A complete market cycle is made up of 5 such waves, 3 up and 2 down.Wave 4 is the last correction before the 5th and final wave upwards in the cycle. Our focus was the US market because where the US goes the UK ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

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

LIMITED PERIOD OFFER!

SUBSCRIBE TODAY AND SAVE £30 WITH OFFER CODE 30OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe