Good morning, it’s Paul here.
After spending the whole day on Sosandar (LON:SOS) yesterday, I was too tired to write about any other companies. So I’ve got up early this morning, to catch up with yesterday’s other news, to get you started today.
Retail sector
I’m not sorry if a few people think I focus too much on retail here. That’s my sector specialism, so that’s what I lean towards amp; have historically made my biggest profits. Surely it makes sense for me to write about things I’m interested in, and understand best? Anyway, that’s not going to change.
Also, retail has actually been a good sector for investors very recently. Buying good quality, but bombed out retail shares just before Christmas is often a very effective strategy. The market always seems to panic that Christmas is going to be a disaster, but it always happens in the end, just a bit later each year. I think Black Friday has skewed things negatively too – as canny customers hold fire on purchases in the autumn, waiting for desperate retailers to offer pre-Xmas discounts. It’s a daft American cultural import, which should be sent packing in my…
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