That’s what I think too. I’ve worked in banking and their balance sheet looks rock solid. I’m only in to the tune of 4000 x .3329
40 would see a nice profit.
I’m looking at shares that shot up a couple of days for an opportunity later. I like Redrow...went up 71 on Monday.
I think also M and S will improve after lockdown finishes. New management team, good food store and improving clothing designs.
I am more patient these days and not too worried if stocks drop when I buy. So long as they look good value.
Also I keep an eye on Legal and General. Once they drop back I’ll be in
.. I decided to go back in over the last few months on certain stocks because I was happy to have a LTH and wait for vaccine news. They seemed very cheap and it seems so far my timing (for once!) was pretty good.
Trying to improve my game by spending more analytical time on candle charts, doji‘s, bollinger bands and EMA etc etc, probably very much your game if you are in banking, but in reality what happened this week would have caught many with their pants down I think.
I am glad you mentioned L&G, I added that into the portfolio at £2 average. Also the likes of BP £2, NWG £1.13 , PRU £9.50 and Melrose £1.12 All behaving themselves so far.... but who knows. Once I see reasonable profits I tend to take some stake money back “for my sanity“
Also a bit too much time on my hands at the moment so having some fun with small caps... I.e Aston Martin, various minerss/oil [Attis Oil, Alba, Bezant, Panthera to name a few) and some bio stock...
All a rollercoaster of a ride and pretty much “Value Trap” stock, but boy oh boy it’s a lot of fun
Good Luck All.