Another good week

It was another good week on the fantasy MBA share trading competition.
My portfolio is now up over 8% since I started the game.

Economic news about the fall in unemployment supported the FTSE and as most of my portfolio is made up of FTSE 100 stocks this was good news for me.
There were also no bad news stories about my stock picks or any competitors.
On Friday good news from Lloyds was a real kicker for RBS.
The Cheltenham festival has been a dream for the bookies and I expect to make some money on Ladbroks.
It has taken some time for this stock to turn around but patience is a virtue.

This week I’m going to look again at the leisure industry and see if I can find value. Problem is some stocks I’ve identified are just too illiquid for this competition.
It’s good to see M&A activity coming back. This is great for short term trading.

Industrials and engineers are worth a second look.
Are stocks like IMI worth a punt, not sure, chart looks positive but they are trading on a high p/e.

Was down in the local Travis Perkins during the week and when I asked the employees who work in the yard were they busy, they said no.
Travis Perkins has done well recently; I think I will short them at 800p as I see resistance on the upside.