Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The Mrs went to see Howard Jones last night and I explain his significance in life then what the sell off in the FANGs ( Facebook, Amazon, Netflix & Google) as well as junior tech darlings like LinkedIn means. The it is onto all the reasons why I dodges the CMC Markets (CMCX) float and finally I look at the director dealings in Fusionex (FXI) and why they scream out SELL!
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Comments
Duck and Dive
Thing is, for every sector suffering a downturn, I can point you to one which is booming.
This website, being morbidly pessimistic, tends not to talk much about the booming sectors for fear that readers may go away happy and uplifted when you and your like-minded chums really want everyone to be so depressed that they sell all their shares before jumping off a bridge.
How much coverage have you given the motor industry for example?
http://blog.caranddriver.com/boom-we-look-back-at-2015-u-s-auto-sales-the-best-year-ever/
http://www.assetfinanceinternational.com/index.php/auto/emea/auto-emea-articles2/12962-rupert-pontin-heralds-a-record-year-for-uk-new-cars-sales-but-spots-clouds-on-the-horizon
http://www.ft.com/cms/s/3/569e90c0-a000-11e5-8613-08e211ea5317.html
http://www.oica.net/wp-content/uploads//total-sales-2015-Q2.pdf
Or the travel and tourism industry?
Or the online gambling and gaming industry?
Pousis
The car industry is built on a pcp consumer finance bubble which is quite capable of bursting painfully – or outside factors that have been brushed under the carpet for years can jump out and bite them on the backside – see VW.
Mark Howitt
I’ve sent you a LinkedIn request… hopefully I make it into the top 1000 ;)