Nige456Just another tough day for all the quality...

Nige456

Just another tough day for all the quality ‘momentum’ tech stocks. Go and have a look at Altium, Xero, Appen, Wisetech just to name a few. All getting hammered. On days like this, I tend to simply remind myself that this bearish sentiment is unlikely to impact on any of these Companies when they report in Feb. The results for the half year are just about boxed in and therefore the upward trajectories will continue.

If you hold the view that we will see a global recession, then of course, different story. But then, with respect, you should have sold down your portfolio back in October. For now, I am sitting tight, picking up some bargains along the way. PPH falls into that category.

Rokewa