RE: UK Stocks - Watchlist and Discussion
(2014-01-08, 02:46 AM)isatrader Wrote: An index chart that hasn't been shown before on the site is the FTSE AIM All Share index - AXX, but I thought it would be interesting as it shows that UK micro caps in the AIM market have been outperforming since the late summer when they broke out into Stage 2A, and over the last few weeks cleared the early 2012 highs and broke above the relative performance zero line versus the S&P 500 and so are also outperforming the US market now as well as strongly outperforming the FTSE 100. And hence UK investors and traders should be looking in the AIM market for Stage 2 opportunities as the AIM is now in a confirmed Stage 2 advancing phase after a few years of recovery from the Stage 4 downturn in the summer of 2011.
The AIM in the early phase of Stage 2 is in a completely different phase to the FTSE 100 which has been in a Stage 3 consolidation over half a year and the US markets which are in late Stage 2B. And so there should be lots of early Stage 2 opportunities to find in the individual stocks, some of which we have already found in the watchlist threads over the last few months. Attached is the charts.
P.S. The Government plans to remove 0.5 per cent stamp duty on AIM share purchases from April, giving investors an extra incentive to buy them over FTSE 350 stocks.
Hi, is there any sectors within AIM defined that we can analyse? Or is AIM just a case all in one basket and its a case of trying to find them?
What I want to do, for example, is check the FTSE350 sector 'Oil and Gas Producers' and then check all companies from a similar sector based on AIM.
Thanks