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Lessons from April for markets, TUI and Carnival

By Chris Bailey | Wednesday 12 May 2021


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.


It has been an excitable week for global markets and certainly anyone (foolishly) heavily weighted in technology and related stocks has not had much fun. For example, it has been fascinating to watch the performance shocker currently being suffered by a leading female US fund manager, Cathie Wood, who a few months ago was being presented as a multi-year genius. Personally, I am still far from convinced that having Tesla as one’s biggest position by a mile is even moderately sensible. Anyhow – and certainly by late yesterday or earlier today – there were plenty of genuine panickers out there. And what do I think?

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