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- 📈 2 stocks I'm watching
📈 2 stocks I'm watching
I’ve had plenty of comments over the years, and most of these are positive.
But there are always trolls and people willing to wheel out hate-filled abuse.
I just ignore them, because it’s their problem and not mine.
However, there was one comment which was mild and a little bit sad.
Im really glad I ignored you on my Pensana shares. I almost sold my shares following your advise, but my gut instinct said that you were generalising for clicks and shares, to increase your ego and sycological value. Best you log off and take you partner to dinner…
This comment shows exactly why tilly will struggle to make money in markets.
They are emotional.
When you’re emotional, you rarely make optimal decisions.
The video in question was me saying that if I was 90% down on a stock, I’d sell it and go spend whatever was left on something fun.
Why?
Because you need 10x returns just to get back to breakeven.
So you only have two options:
1) Sell, or
2) Buy more
But is buying more of something you’re 90% down on the best idea?
You’re probably down for two reasons.
The stock is garbage, and you were too emotional to exit.
Therefore, the only logical decision, if you have come to your senses, is to sell.
This, of course, is only my opinion.
Nothing I ever say is advice.
But here’s the video in question.
Let me know what you think!
It’s a shame, as tilly’s emotions and need to be right will block them from achieving the success they want in markets.
The Finance & Wellness Retreat is filling up with half the spaces now taken.
What you can expect:
Three days at a luxury hotel and spa estate
Breakfasts, lunches, dinners, drinks included
Live trading sessions and stock picking
High performance coaching sessions
Plus, everyone who attends gets lifetime access to UK Stock Trader Pro (worth £689) in order to continue their education.
And with the rooms being double, you can also bring a partner or friend.
After a few months, it seems tariffs are back on the menu!
So far, larger EU member states have avoided playing hardball to avoid Trump’s wrath.
But the EU trade commission has said that if it’s 30% tariffs from the US then that makes trade impossible and it doesn’t matter if it’s higher.
And whilst only the UK, Vietnam, and China have yet to agree to partial deals, the latter two are locked into high tariffs with the UK worse off than a no-tariff scenario.
In other news, it was the Mansion House speech yesterday.
Rachel Reeves has come to her senses (hopefully) and realised that cutting the Cash ISA is not a great idea.
Not that this matters hugely, because uur sponsor XTB offers a Stocks & Shares ISA that is 0% commission on ETFs and pays out 4.5% interest on uninvested cash, which is better than the Bank of England. You can open a free account here.
But people who aren’t aware of this may end up paying tax on the interest on their savings.
There was also the idea being floated that Stocks & Shares ISAs will be for UK shares only.
I disagree with this as people should be able to invest where they want.
But the flip side is that it’s a UK tax break, and the government expecting a benefit in return is not a terrible idea.
Either way - as a buyer and seller of UK stocks - it won’t make a difference to me.
But the reality is the stock market is in dire need of help.
Quality is being taken out and the garbage remains.
However, a slackening of the red tape has been announced in order to boost growth.
That’s a start - and it’s far better to fix the root causes rather than the symptoms.
Canal+ (CAN)
As always, everything I write and say is my own personal opinion only. It is NOT financial advice.
I don’t accept money from listed companies to talk about them unlike other market commentators, so whilst this is independent nothing is a stock recommendation to buy or sell.
These are ideas only, and whilst I try to be balanced, sometimes I will be wrong.
Therefore, it’s important that you do your own research!
Now that the disclaimer is out the way, Canal listed last year and within weeks was 30% down.
Despite this, the CEO doesn’t regret it.. or so he claims.
Here’s the chart.
We can see that the stock has made its lows since Liberation Day in April and is now closing in on 26-week highs.
The stock is tightening up, and we can see the 230p level has been resistance.
I’d be tempted to go long if the stock breaks into new highs and the stop placement can vary here.
Putting it below the Big Round Number of 200p would mean a wider stop, but you then stunt the upside.
This next stock is one to watch - if it comes off then it could easily multibag.
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