100M Snail Race4 Jul 2022 16:48
It's fare to say the MM'S have killed the majority of momentum across the board on the UK market. They and shorts prey on doom and gloom around the world, trying to force the weak out of there positions, so to Sweep up there losses and shares.
Don't fall victim to their misadventures, these are the low life villains of the market.
Stick to the facts/data of each stock, as that presented will in due course reach its destination.
For God sake Were not even at war, and covid restrictions were lifted many months ago.
That leaves inflation and the rising cost of everything.
These MOFO'S will kill all momentum and leave you watching what looks like a bloody 100M Snail race.
I mostly trade US stocks as a swing momentum trader, with Catalyst stocks only, works for me in a bull and bear market.
UK market after trading with momentum stocks, is incredibly slow, pretty much zero momentum.
As I have a UK shares only sipp account, I have to endure the BS what comes with that.
Nevertheless it will eventually come good.
Great time to buy seriously undervalued stocks though, capita being one of them.
Good luck all
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