Friday Email: 27 December 2013
Every Friday morning our lead analyst Mark Riding sends out his weekly run-down and upcoming events in the investor calendar, like this one:
As we predicted in our last Friday email, there was nothing to stop the Santa rally after the moves by the Federal Reserve and so we have been proved correct...by a mrgin even greater than we were expecting. The market has risen every day sionce then and by fairly substantial amounts. At the moment we can see no end to this as we are not sure where the bad news is coming from right now. We are concerned that the market is getting ahead of itself, but that is fairly normal for markets and the overbought scenario can continue. Over the coming months we will examine earnings expectations across the market and at the moment valuations looked stretched and any earnings disappointments will be treated severely.
The weeks ahead are very quiet and we look forward to producing our 2014 dividend portfolio and also our choices of the small caps that we think have very strong potential.
The Friday email is delivered to over 20,000 subscriber’s every week, and remains a widely read run-down of recent events and what investors can expect in the week ahead written by our chief analyst Mark Riding.
It’s included as part of the free DividendMax trial.
Read next: 20 December 2013
The moves by the Federal Reserve last Wednesday were very well received by the markets as the bitter pill of reduced Quantitative Easing was sweetened by the promise of low interest rates for a long time to come. This leaves little to get in the way of a year-end or 'Santa' rally as it is known and we would expect a decent perofrmance over the next few weeks. The coming weeks are very quiet on the corporate front or certainly in terms of companies reporting their numbers and declaring dividends. We will be producing our income portfolio for the new year and this will be notified to members towards the end of December / Early January. As we follow the markets in general, we will also provide some small company ideas where we believe small companies are poised to deliver large in 2014.
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