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I am sure there are some people who are still very hopeful about their Marks & Spencer (MKS) shares but I dumped mine so long ago that I guess even a pair of its expensive boxers would have worn out by now. Forget though the 60% fall in the company’s share price over the last five years or the 40% fall year-to-date, or even the decision of the CEO to exit stage left after six years in charge, is there any interest in the shares over the next year or not?

NEWSFLOW

NEWSFLOW

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Hello, Share Pickers. This old punter is a big believer in the Santa Rally, that fabled big share boost up to Christmas. Nearly always stock values creep up during November and December. Though you have to be ready with the sell button in January. There was no rally last year due to covid, but can we expect a yule surge this time? You bet we can.

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It is far from being a quiet Friday in August. And whilst there is plenty of scope to chat about the commodity sector given the excitements in China, once again I find myself wanting to comment on the UK grocery and related sector. 

NEWSFLOW

NEWSFLOW

NEWSFLOW

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Almost as embarrassing to admit that I spent six hours of time gawping at the BBC's American election coverage overnight (I did eventually switch to a financial TV channel), is that the smallest position in my SIPP is Marks & Spencer (MKS) upon which I am currently sitting on a stonking loss (i.e. a small starter position has got even smaller). They cannot all be Barrick Gold (NYSE – GOLD) or GVC Holdings (GVC) I guess...

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