Small Cap Value Report (18 Jul 2016) – ARM, BEG, MTEC, CTG, FIF, WJG, CVR | Paul Scott | Stockopedia
These seems to be a lot of turmoil & uncertainty at the moment, what with Brexit, and the associated sharp movements in forex.
Then more recently another appalling terrorist attack on France. On top of that, we also saw what seemed to be an attempted coup by a faction of the military in Turkey on Friday night, with considerable bloodshed.
Certainly the market seems to be becoming increasingly immune to geopolitical events. Although I can’t help feeling that, after the strong recent rebound, this might be a good point to take some money off the table perhaps? Or maybe to hedge longs with an index put option, or index short.
I’m also becoming increasingly worried about what looks to be a looming Italian banking crisis, with some alarming statistics coming from good sources on Twitter, about the very high level of non-performing loans.
Read more: Small Cap Value Report (18 Jul 2016) – ARM, BEG, MTEC, CTG, FIF, WJG, CVR | Paul Scott | Stockopedia
