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Stockso Simple's avatar

Ah yes that's the lessor spotted Jelly fish tree......only kidding I haven't got a clue, I had to click on it because I thought it was floating!

It will be a volatile week in the markets, volumes will be high and I suspect there will be a rotation into the more defensive stocks, dollar and gold by any means necessary.

Freedom Trades's avatar

haha..I appreciate you for reading this post.! I too have opened a few small positions in defensive stocks.

Do you have any large positions in the ones you mentioned?

Stockso Simple's avatar

The stocks that I mention are mainly shares I trade with, so not really big positions as such.

I did add to MS International the other day, as I wanted some exposure to the defence sector.

Every now and again I might flag up a share I also hold, but to be honest I try to keep my maximum holdings below 15% in any one stock. They average around 5%.

My biggest positions are actually in trading group CMC Markets, which I believe could benefit from the volatility.

Then there is Alumasc which specialise in building products for water management. A little obscure but an area of consistent interest from the building industry - especially in the UK where the national water companies have their own set of huge issues.

Freedom Trades's avatar

That's a smart approach keeping max holdings below 15% helps keep risk in check, especially in these markets. I’ll definitely look into Alumasc, never really dug into the water management side of the industry before, appreciate the insight.