|
educational blogs |
|
THIS IS NOT A TIP. I AM NOT A TIPSTER. PLEASE DO YOUR OWN RESEARCH. PLEASE READ THE DISCLAIMER ON THE HOME PAGE OF MY WEBSITES.
On Friday 27th March I picked up some more Utilitywise UTW to add to my Collection, at about 206p. I also did a Long Spreadbet at 213.28p this morning after writing a draft of this Blog and realising how undervalued it appears to be. This is a quick dig into the reasons why I like UTW and the timing issues around the buys.
5 Comments
This is a rather strange Blog for me to bash out as I feel like I have already written this but when I look through my Blog list, I haven’t. I suspect I have already written this in bits spread throughout my Blog Collection so I guess a lot will be repetition, but I thought it would help Readers to have it all in one place.
I was inspired to produce this recently when we had a pretty nasty drop in the Markets on a Wednesday and I could sense the Fear getting into peeps on Twitter and I wanted to be able to send out a Blog that might help everyone keep things calm and cool. This was when I discovered that I lacked such a Blog in my Warehouse. THIS IS NOT A TIP. I AM NOT A TIPSTER. PLEASE DO YOUR OWN RESEARCH. PLEASE READ THE DISCLAIMER ON THE HOME PAGE OF MY WEBSITES.
I won’t make this a long winded effort as most Readers will have a pretty good idea what National Grid (NG.) is. You will probably know I am generally Bearish on the Markets at the moment and I am not in a Buying Mood overall - but I will nibble when I see good Value appear. I bought NG. for my Income Portfolio (full details and constituents of this Portfolio can be found on the ‘Trades / Portfolios’ page of this Website) as the around 5% Dividend and stability of the Business seems a nice ‘Steady Eddie’ to give some Bedrock for tough times. Long Term Portfolios need to be designed for all Weathers, not just for when everything is Sunny. The Stockmarket has felt a bit Solar Powered for ages…….. Readers who are misfortunate enough to follow me on the Tweet Generator, will have probably seen my concerns over the General Election due in early May and how I am pretty much downing tools at the moment and not buying anything. I see this as the most uncertain Election in my Lifetime (yes, that long !!) and Stockmarkets tend to detest uncertainty.
I suppose a Golden Rule of blogging is to avoid Politics - I am sure I will regret writing this as any bias I have will no doubt creep out and upset 50% of my Readers - I will try to be objective !! As they say, “never work with Animals or Children” - I am not sure what this has to do with anything, but it is probably superb Blogging advice. This WheelieBlog follows on from the one I posted recently called ‘How I find Potentially Great Stocks…’ from 9th February 2015.
Now that I have found some Potential Stocks to look at, how do I ‘process’ them through my Analysis System? (wow, that sounds really structured and impressive - it ain’t really….) The first step is a very fast ‘Triage’ process. This probably just takes me a very small amount of time, and to some extent is a 3 minute Quick Judgement - although it does run the risk of ruling something good out - but I think I have had enough experience now to be aware of this possibility. Although of course, Cognitive Bias can creep in at this stage and mislead me - as it can at any time. This Blog might be best viewed on a largish Screen - you are gonna struggle to see the Chart and Candlesticks adequately using a Fone Screen.
As you know, I continually bleat on about flippin’ Candles - drives you all nuts right? Anyway, I had been working on the Spreadbet Blog Series and fancied knocking up a quick, easy and nearly fun Blog draft - with the intention that it would probably see the light of day in March ish (and so it has !!). I have had a lot of Readers ask me about Candles and I seem to have ignited some interest (geddit?), so I fancied a Blog on it. My thinking was that I would randomly pick a Chart of a Stock and then point out how Candlestick Charting techniques enable me to ‘read’ what the Share Price is doing and have some idea of its future moves - the ability to peek into the near future, now that would be handy, would it not? DO NOT BASE TRADING DECISIONS ON THIS TEXT - THIS IS MERELY FOR YOUR DELECTATION AND DELIGHT
Something a little different for everyone tonight - instead of doing a textual list of various obscure Technical Indicators, I thought I would pick out some Key Charts on the Various Indexes. Summary FTSE100 still looks uncertain and either the Bulls or the Bears could win out in the short term. However, if the Bulls win, they won’t be able to drag it far. We might see 7000 soon though…… US Markets look like they may go higher in coming days, but they are getting stretched to the Upside. Europe looks very Overbought and due a fall. THIS IS NOT A TIP. I AM NOT A TIPSTER. PLEASE DO YOUR OWN RESEARCH. PLEASE READ THE DISCLAIMER ON THE HOME PAGE OF MY WEBSITES. THE PRODUCTS MENTIONED IN THIS ARTICLE ARE COMPLEX AND AIMED AT SOPHISTICATED INVESTORS ONLY. PLEASE SPEAK TO YOUR FINANCIAL ADVISER.
I am sure most regular Readers and Twitter Followers are aware that I am a bit nervous on the Markets after a good run up and with Spring approaching and a very uncertain General Election in May, I think we could see a proper Pullback. Following on from this, David Greer (@DavGreer on Twitter) helpfully suggested that one of the Societe Generale ‘Infinite Turbo’ Products might be worth trying in order to Hedge (go Short) in a Normal Share account. Unfortunately, they cannot be used in ISAs (shame) but are allowed in a SIPP or in a Normal Share Account that does not sit in a Tax Wrapper. David Stevenson in Investors Chronicle has recently been buying some of these Products within his SIPP. If you do not have a Spreadbet Account, this could be a great way of being able to Short with Gearing and the safety of a Guaranteed Stoploss. |
'Educational' WheelieBlogsWelcome to my Educational Blog Page - I have another 'Stocks & Markets' Blog Page which you can access via a Button on the top of the Homepage. Archives
January 2021
Categories
All
Please see the Full Range of Book Ideas in Wheelie's Bookshop.
|
