The FTSE Could Hit 8,000 in 2020

The Week: Despite concerns over Brexit and Trump, Morningstar columnist Rodney Hobson is optimistic about the stock market's prospects for the year 

Rodney Hobson 10 January, 2020 | 9:18AM

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I have in the past been challenged by a fellow investor on Twitter because I don’t comment on stockmarket announcements before the market opens for trading. Rather, I wait to see the market’s reaction and that is a perfectly legitimate tactic.

Good for Greggs

If the reaction is wrong or overdone, it creates a buying or selling opportunity. Spotting those opportunities is more lucrative than trying to dash in at the opening bell.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

About Author

Rodney Hobson

Rodney Hobson  is a columnist for Morningstar.co.uk and author of several investing books, including The Dividend Investor and How to Build a Share Portfolio.

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