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Where now for the Vix volatility Index? Much will depend on when the market starts to anticipate oil resuming its way through the Straits of Hormuz

In short, I have halved Serica Energy to 3.0% of the JIC Portfolio and, to be consistent with the Fund's Portfolio, I have increased BH Macro (BHMG) to 10.0%. Serica Energy is up nearly 47% this year. The strength in oil and gas prices since 1 January has been a huge tailwind. I have no more idea than anyone else about how long the Iranian war will go on, although I tend to think that at some stage, the regime will fall. US and Israeli technology will win the day. I have post

Bloomsbury Publishing (BMY.L, FTSE 250, Mkt cap. £460m, 566p and 3.9% of the JIC Portfolio.   www.bloomsbury.com   Trading update   Conclusion: I don't need AI for this! In the first update from Bloomsbury since October, It has come in with an "in line with expectations" update for the year just ended (28 February) and a forecast of a "materially ahead of expectations" result for the year just started, ending February 2027. The confidence in the coming year's result is down t

AST Spacemobile. (ASTS, Market Capitalisation $26.65bn, $91.7 per share). 2.9% of JIC Portfolio Apologies for enlisting the help of Gemini Pro AI, but I'm pressed for time. ASTS published Q4 numbers yesterday. My conclusion: It's pleasing to see the share price up 5.2% in a heavy down day. It had, though, come back from a recent high of over $120. It seems that the market is focusing more on the revenue opportunity as it launches satellites and its coverage expands. I think t

sebank Industries (ROSE.L, Market Capitalisation: £1337m, 328p, 3.3% of JIC Portfolio)   www.rosebankindustries.com   The founders of Rosebank have a long track record and experience of successfully executing the “Buy, Improve, Sell” strategy. They acquire businesses they see as having potential for further improvement and effect meaningful change through decisive management and investment. The Rosebank directors cemented their reputation in this field at the FTSE 100 company

In the Funds' Portfolio, I have exited China. Fidelity Special Situations has gone. Profit booked of £2368.05 I think China could be a loser fron the current Middle East conflict. It imports much of its oil from Iran, at an attrcative discount. That will presumably now stop. It will also be interesting to see how the Chinese leadership reacts to the current situation. I don't need the risk. In the meantime, I have increased BH Macro to 10.0% of the Portfolio. This is exact