The market has decided to focus on the Big Caps and ditch the momentum and Small Cap stocks. The Unit trusts I use to track Small caps have broken below the 50ema Miton 180p and Marlborough 444p.
Time to switch from UK Small Caps into Fixed Income (AXA Managed Monthly Income) and Asia (First State Sustainability) and cash.
Will be raising Fixed Income (20%) and Cash 20%. Property will remain 40%, thus reducing Stocks held to 20% over the next few weeks.
Looking for a summer low mid July
Time to switch from UK Small Caps into Fixed Income (AXA Managed Monthly Income) and Asia (First State Sustainability) and cash.
Will be raising Fixed Income (20%) and Cash 20%. Property will remain 40%, thus reducing Stocks held to 20% over the next few weeks.
Looking for a summer low mid July
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