RE: Not great for Saga on market bounce16 Dec 2019 10:47
Market views this as transitional. Set against a tricky industrial backdrop, and wider UK macroeconomic uncertainties, it's wide open to being played, as obviously many instis are short and long simultaneously, and have to churn the SP to continue to generate return in the absence of trading news. I'm sure you are well aware.
Also dubious of many of the instant high gainers seen on Friday morning, but required as part of the game. They will be tested and gaps filled, as ever.