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Positive beta everything (Rolls-Royce, GVC and much more) flies up...

By Chris Bailey | Monday 6 April 2020

Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Excitable times with markets having a very firm start to the week. And the reason? Yes, the hope that the trends in coronavirus second derivative data is implying periods of lockdown are not as extensive as some were fearing. Naturally we will find out in the fullness of time how true this is going to be, but it means that the glass is half full today and anything mentioned by corporations is going to be seen the right way. Take my old mucker Rolls-Royce (RR.)which I was loving up a couple of months ago…but which has seen its shares plunge due to you-know-what impacting aircraft travel and other servicing-related opportunities...

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