Ocado has had a very good run over the last 3 months and is up nearly 80%. It’s off a bit and any general market sell off is going to hit anything considered a tech stock especially hard. I’d say it looks a good call to short.
Why worry about France 10 year 4.92% today, having a better day ( avoided a downgrade) at the same time the basket case seems to be UK 10 year 5.35% and that is before the budget.German 10 year 3.37%.Everything seems to be a worry. Is it the nights drawing in and the rainy/stormy weather?The heating going on after a glorious summer, adds to costs!It starts to feel like cash is king and dividend paying stocks is the place to be.Though the government might increase the tax companies pay on dividends, decreasing the value of dividends paid to shareholders, a socialist government would claim it only effects the rich.Stocks and Shares ISAs in the UK stands at approximately £531.2 billion if dividends are £25 billion a year a 10% increase on dividends before they reach your ISA would raise £2.5 billion.I would not put anything past these socialist bastards.
