The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Getting back up to the 10 pound territory
Two weeks to get to my earlier 1050 prediction... very probable for banks rebounding in light or market sentiment, COVID slowly now under control with R rate declining.
Personally I think it's positioning itself for a small break out and re-rate. There may be idiotic sellers in place who are manipulating and making small gains but they also should see beyond this and start to support an upward movement. It's in everybody's interest. There will be Substantial global oil demand improvement in 2021: COVID-19 made 2020 one
of the worst years for global crude demand in modern history—oil consumption dropped by
around 8.8m bbl/day, squeezed by economic fallout from the coronavirus and the lockdowns that were
imposed in many countries. Now with Vaccine roll out's underway I would see $55/ 55.50 a Barrel by the end of this month alone.
Needs to build up a head of steam and start to get more blue volume going. With the oil price moving in the right direction then things will happen. Vaccines now being rolled out across SE Asia also as China leads the way. All positive sentiment for the markets.