magazine archive


magazine archive

Editor's View

ASOS turnaround? Don’t bank on it yet as one key indicator is still flashing red

Thursday 19 Jan 2023

When a stock has collapsed in value it doesn’t take much good news for the shares to rebound, as witnessed by the performance of ASOS ( ASC ) . The key challenge for investors now is to decide if this is the start of a proper turnaround or just another unsustainable bounce. The fashion retailer...

Share prices jumping on job cuts: justified or not?

Thursday 12 Jan 2023

It may seem odd that announcing job cuts is enough to drive up a share price. After all, the fact roles are being cut would imply that life isn’t going well for the business. However, this does happen, just as we saw with Amazon (AMZN:NASDAQ) earlier in January when its shares briefly rose on news...

Welcome to the third ‘sea change’ for investment markets in 50 years, says expert

Thursday 22 Dec 2022

It’s fair to say that 2022 will go down in history as the year where investors’ portfolios were turned on their head. Many things that worked in the previous decade have become a drag on performance, most notably the large declines seen across mega cap US stocks including a 60% decline in Tesla (...

Are the worst performing sectors the best ones the following year?

Thursday 15 Dec 2022

There is a widely held view among many investors that a successful investment strategy is to buy the previous year’s losers. The idea is that bad news might be fully priced in, and you’re paying a cheaper price to buy something that could rebound on good news. To test this theory, I looked at the...

Is it better to have conviction or hedge your bets when investing?

Thursday 08 Dec 2022

It feels like we are once again on the cusp of change in the markets. Whether that’s a shift in central bank policy, inflation easing or a major development with the Ukraine war, there are plenty of levers which could put stocks on the move – either up or down. The difficulty is knowing which way...

Why it can pay to buy more shares if the market overreacts to bad news

Thursday 01 Dec 2022

Overdramatic is the best way to describe the current market reaction to stocks that deliver the slightest bit of bad news. It certainly applies to Dr Martens ( DOCS ) whose share price fell by 23% in a single day after it guided for lower profit margins and a slowdown in growth for the direct-to-...

Royal Mail can only dream of the efficiency gains achieved by Procter & Gamble

Thursday 24 Nov 2022

Management teams often talk the talk about streamlining a business but find it much tougher to walk the walk. Just look at Royal Mail’s owner International Distributions Services ( IDS ) which for years has struggled to achieve the efficiencies it has promised thanks to a toxic relationship with...

Might 10 November 2022 go down in history as the turning point for shares?

Thursday 17 Nov 2022

There have been several distinct turning points in depressed markets in recent years. Monday 23 March 2020 saw the US Federal Reserve say it would do whatever it took to stop the US economy collapsing from the Covid pandemic. Monday 9 November 2020 saw Pfizer and BioNTech say their Covid vaccine...

Investors beware: the Government has its eyes on your dividends

Thursday 10 Nov 2022

There is growing speculation that chancellor Jeremy Hunt will increase taxes on individuals who owns shares when he announces the UK Autumn Statement on 17 November. This threatens to eat into people’s returns and make investing less appealing to those not already doing it. Media reports suggest...

Why any gas price relief in Europe could be short-lived

Thursday 03 Nov 2022

One of the few positives European commentators have been able to cling to in recent times is the big drop in benchmark gas prices. However, while a glut of gas in storage and mild autumn temperatures are helping for now, there are reasons to believe things could get worse again before they get...

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