Share Performance in Oct 21

Despite the cacophony of bad news – both in the UK and globally – the stock markets had yet another pretty good month. Indeed NASDAQ was up 6.2% as Big Tech (largely) said boohoo to the warnings. NASDAQ is now up 19.6% YTD. Even the FTSE100 was up 2.1% (+12% YTD).

The FTSE Software and Computing Services Index was down a marginal 0.78%. But up 11% YTD.

Big month for Big Tech

It was a Big month for Big Tech with all the majors reporting quarterly results. Some shone. Some disappointed.

So who got the coveted Share of the Month and the ignominy of the Wooden Spoon?

Share of the Month went to Tesla. Wooden Spoon to The Hut Group (#THG). But there were plenty of other ‘runners up’ for both awards.

The Outlook?

Hold onto the horses. The ride might become pretty rough.

You want more?

All the detail, comment on the Winners and Laggards and the View on the Future Outlook  in our Review of Share Performance in Oct 21 on HotViews Extra available to all subscribers including HotViews Premium.

Must admit it is a particularly ‘bumper’ issue this month and well worth a read. (Well. I would say that as I spent the weekend writing it!)

Also remember that a HotViews Premium subscription includes all our HotViewsExtra articles like the superb recently published Autumn Budget & Spending Review 2021: Tech Implications by Dale Peters (worth a subscription for this alone!) Also the latest  IndustryViews report of the Quoted Sector in Q3 2021 by Tania Wilson. Much more detail that you get from me!

And a HUGE amount more!

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Posted by Richard Holway at '15:39'