Well, not exactly! I can't guarantee that this site will be updated weekly with high quality content and reports of skyrocketing share picks as I hurtle toward becoming an ISA millionaire. What you will get is what I've always tried to provide here, complete honesty as I try and find my way around the chaotic and often savage world of the stock market!
At least when I can be bothered anyway...
So yes, here we are, 2018 already! If you blink a couple of times we'll no doubt be in February "where's this year going, is flying by". Markets seem to have picked up where they left off after a very buoyant 2017. My SIPP has risen 3% this week already which is obviously a great start. Whether or not this will continue remains to be seen, I always seem to have this nagging feeling that things are going to turn downwards sooner or later. Let's be honest, it has to happen at some point doesn't it! What goes up, must come down. I'm not going to make any predictions about when or how this will happen as no-one really knows!
Anyway enough babbling, here's what my holders have been doing recently...
XL Media (XLM) - XL Media has had quite an up and down time in the past month! Mid December saw the price steadily rise to 220p, then promptly drop just over 10% before the turn of the year. At it's height this share has given me my first ever "double bagger" which I was well chuffed with, until the aforementioned fall back. This week though has seen the price rise again above the 210p mark. As it stands this leaves me showing 92% profit in my SIPP and 49% in the ISA. I believe there is an update due before the end of the month and am looking forward to a continuation of the excellent progress this company has made.
Computacentre (CCC) - Computacentre seems to have broken out of a range it had been stuck in and has hit new highs now in anticipation of it's full year trading update coming out on 22nd January. The last update stated the board believed full year results would be comfortably ahead of previous expectations. Always a big plus to see in a company update!
Morgan Sindall (MGNS) - The chart here shows the price has been moving sideways for some time now really. It tried to break out and hit 1500p but then fell away again. Full year results aren't due until February to I'm expecting more of the same for now really!
Robert Walters (RWA) - Having dropped down to around 540p back in December, I'm pleased to see this back over 610p. The next quarterly update is due on the 9th so looking forward to seeing this company continue it's good performance as reported across last year!
There are a few trades I need to go over but I'm going to keep this update brief and leave these until next time!
It's going to be a busy few weeks for my holdings and fingers crossed they all go in the direction I hope! I have plans in place should any bad news get released and won't hesitate to pull the trigger if required!
Until next time...
Confessions of a Crap Trader is a blog following a regular investor trying to make profit via the London Stock Exchange. Follow his journey as he attempts to hopefully one day pay his mortgage off in full!