Good morning!
There's very little news today. As usual, when the alarm goes off at 7am, I reached out of bed for my iPad, and had a quick read of the RNS to see if there's any interesting news - and since there was hardly anything today, treated myself to a lie in!
Mind you, I will say that these quiet summer days do throw up some excellent trading opportunities - with volumes light, there are plenty of fundamentally good companies seeing their shares drop 10% or even 20% for no particular reason. Or at least, over-reactions to maybe slightly bad news. I'm spotting one or two nice little profitable trades to do every day at the moment, where clumsy sellers try to offload into a quiet market.
I should mention that I'll be on holiday next week in Spain, taking advantage of the weak Euro, but these reports will continue, but they might be a little shorter than usual, and have fewer graphics in, as they're not so easy to do on my Chromebook. Realistically, there will also be the headwind of holiday hangovers to battle against - TripAdvisor says that the hotel I'm staying at does particularly good jugs of sangria, so am looking forward to that!
Ed's New Year NAPS - I commend this article (by the boss!) to readers - Ed used StockRanks to pick a selection of 20 stocks at the start of this year, and he's published the results so far - showing a superb 29.5% return in just over 6 months!
Ed has rebalanced the portfolio, and in this article runs through which stocks are out, and which are in.
I think this approach confirms that the StockRank system works, and that it can save us a huge amount of time by giving us a ready-made shortlist of shares which are likely to perform better than average.
Although as I've demonstrated in these articles (by weeding out problem stocks such as China AIM stocks), a degree of human intervention is sometimes necessary and beneficial. Or you can take a completely mechanical approach, and have no human intervention at all - each to their own!
It's a really good article anyway, so well worth a read.
Grafenia (LON:GRA)
Share price: 19.4p
No. shares: 47.6m
Market cap: £9.2m
Trading update - this small online printing company says that;
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