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'Why Are Many Shares Holding Up In the Virus Carnage?' and How to Exploit a Strange Situation

By Malcolm Stacey | Saturday 1 August 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.

Hello Share Trashers. A good friend asked the other day why shares are holding up so well, despite the inevitable recession to come. Well, of course, the answer is that many aren’t. My Shell (RDSA) shares are down by a half and my Royal Bank of Scotland (RBS) holding is dire. But overall the general market is bearing up because the virus has benefitted the techies. This is rather ironic…

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