image

The best stocks to buy since 1993

Latest issue now available

Market Comment - July '18

July 2018

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.

One way to analyse markets is Elliott Waves. On the face of it, it is a simple model. Whether analysing 50 years or a few days, you will observe uptrends breaking down into 5 waves in total - 3 waves up and 2 waves down. In the UK market (using the FTSE-100 index) the move up since late March looks incomplete, with a new high expected up ahead and we would expect this to unfold in the next month if this route map is correct. If this is wrong, then a large correction is already underway from the mid-May peak. The next month or two should provide clarity.As we are mid-year it is also useful to use this prism to consider global markets. The US and Japan are in a very similar position to the UK. The German market looks to have broken d ...

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 £40 WITH OFFER CODE 40OFFSCSW

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