Tuesday, 12 February 2013

Financial Spread Betting - Ocado the star performer as Aberdeen Asset dips and Eurasian continues to flourish


Thursday
Monday 11th February 2013
Eurasian Natural Resources continued to plow on in our spreads. Up 20 points from last analysis it's now up to 395 up 92 on the start price. 

Is it a worrying trend for Aberdeen Asset Management? They hit just below the 400 mark and whilst they are still giving us the highest profit of £125, they are down from Thursday and down even bigger from the year high. 

I'm pleased for Mytrah Energy. This tip has been languishing of late but it has picked up a lot and is now only losing us £4. It was a speculative buy and we have until June to see what's what. 

The star performer and a big 'up yours' to the experts comes in the form of Ocado. At the time of picking this, 9 out of 11 analysts had this down as a 'sell' or 'strong sell'. This was before Philip Green took over and before some good Christmas sales. They are now giving me a profit of £46. There will be big decisions ahead for Ocado though as it's rumoured that they simply have to find a partner to start thinking about turning a profit. We'll see.

So before Tuesday trading, the portfolio is up £251.80.

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