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

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.

Nakedtrader  was created after I left my full-time job as a finance editor for BskyB to trade full-time. I had been writing an diary page for its teletext service since 1998 and decided as I was leaving to transfer that to the internet.
 
These articles are simply a "diary" of my life, or what you would now call a "blog". I detail what I've bought, sold or shorted and briefly why. I use various spreadbetting companies and stockbrokers to carry out the trades. I ignore commission but also dividends and I reckon the two balance each other up.
 
So you should be aware this is not a "tipping" site and I do not consider myself, nor do I want to be, a "tipster". In other words tipsters will urge you to "buy" something - and they generally are regulated to do so by the FSA. I simply state I have already bought or sold something personally. Because of that I am not "regulated" - so I am not an authorised "tipster". I am simply a trader who states his positions.
 
That is quite a big difference. I am not allowed to give what is called "Individual investment advice". And quite right too - I am not trained to do so. What that also means is if you e-mail me and ask me anything along the lines of "Should I buy or sell this share?" I cannot answer you except to say it is your choice! Of course I am more than happy to answer anything to do with general market/educational questions.
 
You should understand I always have an interest, and sometimes a big interest, in any stock I talk about. For website purposes my buys will often be to smaller stakes than in reality. So although my buys are real enough, as are the prices, I can and often do buy much bigger stakes in the shares. I may also "top up" in shares without declaring it and I will  sometimes deal more often than I mention on the site - mainly because of time pressure, if markets are busy. So though the buys on the site are around the £5,000 mark I may well deal in reality is sizes of £10,000 - £30,000.
 
My reasoning for this is I simply do not want to encourage people to blindly follow me into something when they do not understand the potential risk. It's ok for me because I can afford to lose money I put into the market. It may not be the case for you.  I am generally a medium term investor holding my shares usually between 1 week and on occasions up to 3 years. Average holding time is probably about 3 months.
 
So one of my main messages is: don't be tempted to follow me blindly into my choices. Quite often, as I play momentum, a share I have bought may already be much higher than when I bought it, especially as I do not update every day. If you follow me blindly you may be buying at a much higher price and you may end up selling at a much lower one.
 
You should ALWAYS do your own research and come to your own decisions on share purchases. If you follow me into something and lose money, you only have yourself to blame and not me. You should learn about markets and understand what you are doing before entering them.
 
The most risky way of trading of all is spreadbetting, which I do quite a bit. You should carefully read all the warnings that the spread betting firms issue together with all the warnings in my books. And never, ever, play with money you cannot afford to lose.
 
The aim of this site is to entertain, and perhaps stimulate debate, and that is the condition of entry !I really hope you enjoy reading about my triumphs and mistakes, but please, just watch and enjoy my triumphs and learn from my mistakes. Consider this site as entertainment. If this is your first visit to the Nakedtrader website site, I thank you for visiting me, and hope you will find this site useful. 
 
After reading and agreeing to the disclaimer, click the "I accept" button below. Please remember, I cannot give any specific advice, as to whether you should buy, hold or sell any individual share.
 
"The investments and other products referred to on the Naked Trader website should in no way be considered "advice" to buy or sell anything.  Naked Trader information is given in general terms only and does not constitute personal advice to any individual.  Investors are responsible for formulating and applying their own strategies based on their own personal circumstances. Naked Trader recommends that you obtain independent financial advice from an FSA-authorised intermediary before investing money.  Information given in previous editions of Naked Trader daily updates may become outdated and should not be relied upon unless confirmed by recent comment
 
 

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