Amazon Delivers

  Market Scorecard Yesterday saw Glencore close down 8% due to a US investigation into money laundering. As it stands, there are no charges brought against the company, but I think due to Glencore's reputation, investors are being cautious. Before Glencore was Glencore, it was Marc Rich + Co. AG, which was known for not … Continue reading Amazon Delivers

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New Look Wants Its Old Look Back

  To market to market to buy a fat pig. US stocks had another down day yesterday; I saw a tweet from a US market commentator saying "What is this weird looking crimson colour on my screen?". The current drawdown in the market seems to be driven by a drop in commodity markets. Market Scorecard. … Continue reading New Look Wants Its Old Look Back

Braixit

"Brait has been a stock that has sucked serious wind lately. And by lately, I mean in the last three months. Up until Brexit. And then basically everything changed from there, check out the share price taking a couple of legs down post the Brexit vote and the subsequent rerating of their UK assets."   … Continue reading Braixit