Week 49 of 2013
Low volume across the board and a seemingly placid week. GDP across the globe seems to be heading in the right direction although europe appears to be slow out of the blocks. When the latter begins to pull clear, we might be out of the woods in terms of the last 3 years of debt concerns. That might not be until 2015, and for now is a story the market will no doubt turn back to in 2014. For the market it should be a nice canter to year end
The Dow closed the week 46pts down at 16020. The FTSE closed the week on 6521 down 99pts.
A virtual portfolio has been set up using the 2012 final trading day close figures as a starting point and £1000 has been invested in each stock. This does not include buying fees or stamp duty and is purely intended to be used as a benchmark or summary for each week. One newspaper top ten picks for 2013 has been included to help monitor/compare against. A pi ‘polled’ top picks list (from LSE bulletin boards) has been included this year.
Week 49 stock picks summary:
Not much to report in a slow week.
Still 3 weeks left to year end and positions 1 and 4 look decided. It’s all about second spot.
Will it be the highly volatile LSE BB polled picks of small caps or the more steady eddy bluechips of the sharehub b-list picks?
Current standings / Week 49 Results
1. The Independent 2013 +49.68% (Weekly gain of 0.12%)
2. TheShareHub’s 2013 B-List +15.64% (Weekly gain of 0.10%)
3. The LSE BB List 2013 +13.24% (Weekly loss of 1.90%)
4. TheShareHub’s 2013 Hotlist -26.51% (Weekly loss of 2.62%)