Peterdev
Well-known member
- Joined
- 17 Dec 2017
- Messages
- 4,288
It looks like there is going to be a good start to 2022. Already sold Taylor Wimpey but would have done better holding back. City of London IT going well too. Friend made a load on IAG, but for me too risky even if the upside looks potentially nice.
BP also started well. Nice earnings on it. MNG looking nice too.
Looking at profitable sectors, M and S are better than for a while and I suspect they’ll be returning to the FTSE 100 before long. I’d expect a nice bounce there. Building shares might well be out of favour as the economy stalls with higher interest rates imminent.
I am not keen in investing in banks but really believe this could be their best year for some time. They have plenty of cash behind them. They have started to buy into internet banks, and I see a small player was bought out.
Good luck t9 everyone who is Playing the markets this year
BP also started well. Nice earnings on it. MNG looking nice too.
Looking at profitable sectors, M and S are better than for a while and I suspect they’ll be returning to the FTSE 100 before long. I’d expect a nice bounce there. Building shares might well be out of favour as the economy stalls with higher interest rates imminent.
I am not keen in investing in banks but really believe this could be their best year for some time. They have plenty of cash behind them. They have started to buy into internet banks, and I see a small player was bought out.
Good luck t9 everyone who is Playing the markets this year