Positive Portfolio

I have many things and areas that I am looking to go into, many ideas running around in my head. I will keep everyone updated when it all kicks off. I have a friend on board and we are in talks about futures schemes and which direction to take all this, very vague atm but I predict big things.

If you believe… it will come true, or so I am told.

A very rare thing happened today all of my holdings were positive, there usually a few but to have all of them up was a nice shock when I check my portfolio earlier. Lets hope it continues for atleast a couple more days.

you can do anything.

A positive day for the FTSE100 today unless of course you were G4S or SERCO the biggest fallers today following a review into their practices it appears they have been charging for tagging criminals that were either dead or not tagged at all. SERCO are heavily weighted to government contracts and this news will prompt a governemnt audit into their other contracts.

The FTSE 100 on the whole closed up 38.5 points to 6543.4 again governed by Mr Bernanke hes eased fears over cutting monetary stimulus.

(BBY) BALFOUR BEATTY (one of my holdings) was up 6.2p to 225.7p following improved profitability in the UK.

Mining again benefiting today FRESNILIO up 114.5p to 1018p

 

FTSE100 RISERS

FRESNILLO		1,018.00		+12.67
RANDGOLD RES.		4,402.00		+7.24
ANGLO AMERICAN		1,337.00		+5.44
A.B.FOOD		1,907.00		+5.07
ANTOFAGASTA		853.50		+4.79

FTSE100 LOSERS

SERCO GRP.		626.50		-7.94
G4S		213.00		-5.59
TUI TRAVEL		370.80		-1.49
MEGGITT		555.00		-1.25
AVIVA		364.00		-1.03

Thanks

Mark

Round up 24th-28th June

Weekly Round Up

It’s been an exciting week, the markets have had a rollercoaster ride trying to recoup the losses this week but failing (it was a big ask in all honesty). The mere mention of reducing the amount of quantitative easing by Ben Bernanke due to signs the American economy may be returning to health caused ripples all through the markets. To be fair all Ben Bernanke did was mention that he may scale it back, (thanks Benny keep it to yourself next time).

I think it’s fair to say that during this cheap money free for all governments haven’t really taken action or took advantage bringing growth and rebalancing the economy.

Fair well to the King

 

After a sterling performance we will be saying goodbye to Sir Mervyn King, in his last statement he dismissed the suggestion that interest rates may rise because it would hinder the already fragile economic recovery.  He also said that he voted for more QE in the UK because although a recovery is on the cards it will not be strong enough to lower unemployment on its own.

Emerging Market shows cracks

People who have investing the risky Emerging Markets have had some stellar returns, although previous weeks have seen a huge chunk wiped from their savings. This is partly due to the slowdown of Chinas growth rate, it is scaring investors many emerging markets export resources to China to fuel its growing population.

GOLD

This week gold showed that it was not immune, falling below $1,200/oz to its lowest point in almost 3 years having been as high as $1,895 in 2011. It seems like a lifetime away that the Bulls were out saying it would reach $2,000, it is its biggest drop for 30 years, Gold miners suffered with Fresnilo and African Barrick Gold near the biggest losers of the day.

Mark Bannister

www.investorslife.co.uk

www.facebook.com/investorslife

It couldnt keep going down, could it?

FTSE 100 closed 6,101.91 up 72.81%

Could the rise today be the start of things to come, well the markets appear to have had rather more faith today.  Investors who have been spooked since US Federal Reserve chairman Ben Bernanke hinted at an easing off of its bond buying programme, must of felt better by Sir Mervyn King hinting that the money taps would still atleast be dripping until somebody tightens the nut.

Quick update on (BBY) BALFOUR BEATTY 234.20 up 13.70 % a stock I am particularly fond of as I have shares in. A Japanese company that Balfour Beatty have a 50% stake in has been awarded a lucrative £720 Million Hong Kong road contract.

On Yesterdays tip HSBC (HSBA) up 670.60 up 15%

MOSS BROS (MOSB) remains unchanged for today

Biggest Risers

1	CCL	Carnival	2,291.00	2,291.00	5.33
2	PSN	Persimmon	1,135.00	1,136.00	4.32
3	HL.	Hargreaves Lansdown	891.50	891.50	4.21
4	CRDA	Croda International	2,355.00	2,355.00	4.20
5	WEIR	Weir Group	2,118.00	2,118.00	4.03

Biggest Losers

1	REX	REXAM	453.70	453.70	-2.45
2	PFC	Petrofac	1,219.00	1,219.00	-1.22
3	IMT	Imperial Tobacco Group	2,265.00	2,265.00	-0.57
4	CNA	Centrica	351.40	351.40	-0.48
5	SSE	SSE	1,467.00	1,467.00	-0.20

 

Thanks

Mark