6 weeks26 Mar 2020 21:07
...ago, Feb 12th FTSE 100 was 7534, not it's 5800 down -23%.
Ig Index was 672p and now 672p, so that was a good safe haven.
Futhermore, most FTSE companies will be reporting a loss next time around. There are only handful of companies which will report profits in line or above previous results. Retailers like Tesco Sainsbury and Morrisons, Ocado like to do well, the only other group expected to report bumper resutls is...the spread betters, IG, Plus, and CMC. Many big stocks like BP are way overprices at crude in the 20s. Other stocks face uncertain future, well well well, you know where the safety is. Look at TP Icap, it was ridiculously sold to 220p, now it's back to where it belongs are 357p. They are also making money. Someone here said there are better opportunities?? Really? My portfolio is down 0% since the crisis started, I am looking to make a lot of money before year end. All the best luck to all