Good morning! Christmas Eve, who would have thought it? The UK market usually shuts at lunchtime today. The newswires were buzzing last night with briefings from both sides of the English Channel, that a Breggzit trade deal is imminent, between the UK amp; the EU. Whether it's a good, medium, or a bad deal, only time will tell. I imagine this might attract some fresh money into the small caps space in the stock market - I know that some investors were very worried about the risk of a no deal Brexit. Limited liquidity at this time of year could see some unusual price spikes - useful for anyone wanting a selling opportunity in a particular stock, perhaps? Hedging - I was starting to have kittens about Brexit amp; covid/lockdown risk, and opened an index short earlier this week, to hedge my longs. News of an imminent Brexit deal means that I'm now a lot less worried about the risk from my longs. So I've closed two thirds of my short hedge this morning. Timing - there's not much news today, hardly any actually. But I'm in the mood to do some writing, so will look back on my...
