Market Madness
Trades in Whisky; SpaceX got off to a good start. On Friday, the shares floated at $135 and are trading
Trades in Whisky; SpaceX got off to a good start. On Friday, the shares floated at $135 and are trading
Issue 129; The price of gold has retreated this year 25% from its peak in January at $5,417. Having
Today, we take profits on one of our best-performing holdings, Seraphim Space Investment Trust (SSIT).
"The Anatomy of a Bear Market" showed that the stockmarket starts to wobble when inflation exceeds 4%.
The curious thing about the latest rally is how the market has been so strong despite having such weak breadth. This week, we are reducing some risk.
Our next company dominates a market segment that has been with us for millennia and will remain a major feature of human life forever.