All Ords 6213 up 4 pts or 0.1%Trading portfolioThe portfolio did not change in value today. Worst were LVH -6% and FGR -6%, best were LVT +4% and ALC +11%.Livehire (LVH, 52.5¢ down 3.5¢, $142m) is now well below the 60¢ at which last week’s $15m placement was done. I had thought they would bounce … Read more
All Ords 6209 down 72 pts or 1.1%Trading portfolioThe portfolio fell 1.4% led by falls in LVH -8%, LVT -5%, plus AMI -4%. There were very few bright spots, the best of them being ATU +5% and GOR +3%.The sharp fall in the “live” stocks has left their uptrends intact for now but it certainly … Read more
All Ords 6281 up 27 pts or 0.4%Trading portfolioThis morning I felt I had to sell Terracom (TER, 60.5¢ down 2.5¢, $240m) when it seemed to break trend so I sold half the holding at 58.5¢, making a 9.5¢ loss, but (of course) it finished above my sale price.Then First Graphene (FGR, 18.0¢ down 1¢, … Read more
All Ords 6254 up 4 pts or less than 0.1%Trading portfolioThe portfolio gained 0.2%. Best were AMI +5%, ATU +5% and ISX +4%. Worst were TER -5% and ALC -5%.Gold producers Aurelia (AMI, 99¢ up 5¢, $859m) and Gold Road (GOR, 98.5¢ up 0.5¢, $865m) achieved new highs. So did iSignthis (ISX, 29¢ up 1¢, … Read more
All Ords 6252 down 25 pts or 0.4%Trading portfolioAlcidion (ALC, 6.0¢ down 0.4¢) (by the way, the link is to the 5 minute chart) cut its short term uptrend this morning so I sold half the holding at 6.4¢ to make a good profit on the 5.2¢ I had paid two days ago. Earlier in … Read more
All Ords 6277 down 7 pts or 0.1%Trading portfolioI went for an expensive 3 hour sailing lesson today. Expensive because when I left, Catalyst shares (CYL, $2.20 down 9¢) were ahead at $2.35 so I was no longer worried that yesterday it closed at $2.29, below support of $2.33. But when I returned from sailing … Read more
All Ords 6284 up 19 pts or 0.3%Trading portfolioThis morning I bought into Alcidion Group (ALC, 5.3¢ up 0.5¢, $42m) after its breakout above 5.1¢ earlier in the day. The next resistance level is 6.5¢, stemming from the peak achieved in May 2018. The company operates a saas platform for collation and management of patient … Read more
All Ords 6265 down 2 pts, virtually unchangedTrading portfolioThe portfolio rose 0.7%, taking the gain for the week to 1.5% and the financial YTD return to 4.0%. The main positives were LVH +6% and BAL +4%, while the main negatives were OTW -4% and CAI -4%.BAL hit a new rally high.Not much else I can … Read more
All Ords 6267 up 21 pts or 0.3%Trading portfolioThe portfolio rose 0.4%. Good rises were seen in BAL +8% and LVT +4%, while CAI -7% was the main disappointment.Long term portfolioThe portfolio rose less than 0.1%. CLV -7% was the main negative, while EOS +2% and APT +3% were the main positives.Not sure why Clover … Read more
All Ords 6246 down 15 pts or 0.2%Trading portfolioI sold half the Polynovo (PNV, 71¢ down 1.5¢, $469m) at 71¢ today upon the short term uptrend being cut. I had bought them on 29 January at an average price of 64.8¢. The rest will be held unless the longer term trend is cut. As a … Read more
All Ords 6261 down 3 pts or less than 0.1%Trading portfolioI had an active day. I bought into yesterday’s breakout Livetiles Ltd (LVT, 42¢ down 3¢, $274m) at an average of 45¢, and at double my normal weighting for new purchases because of the seemingly high quality chart signal.I bought into Adriatic Metals (ADT, 81¢ … Read more
All Ords 6263 down 24 pts or 0.4%Trading portfolioThis morning I took advantage of the fall in the price to double down on Livehire (LVH, 65¢ up 2.5¢) at just under 66¢, dropping my average purchase price to just under 68¢. So the cash position fell from 20% to 15%.The portfolio rose 0.8% today with … Read more
All Ords 6287 down 57 pts or 0.9%Trading portfolioIt was an active day. I bought into yesterday’s breakout Livehire (LVH, 62.5¢ down 4.5¢) at an average of 69.2¢ only to see it fall later in the day so I could have timed it a touch better! And I sold out of Vita Group (VTG, $1.47 … Read more
All Ords 6344 up 17 pts or 0.3%Trading portfolioI bought some more SDV today at 7¢, which cut the cash position from 14% to 8%. The stock is very thin at present and I had to pay up to get anything of size. The stock now accounts for 16% of the portfolio, and will further … Read more
All Ords 6327 up 46 pts or 0.7%Trading portfolioThis morning I bought into Bellamy’s (BAL, $10.44 up 49¢, $1.2b) at $10.60 and into iSignthis (ISX, 25.5¢ even, $275m) at 27¢ after their recent breakouts. Timing was not good on the day but let’s wait and see what happens in the next few weeks. As a … Read more
All Ords 6281 down 21 pts or 0.3%Trading portfolioI bought into Terracom (TER, 66.5¢ down 2.5¢, $264m) today at 68¢ following the stock’s breakout yesterday. I last purchased these at an average of 54¢ in July and August last year but sold them in October at an average of 69¢. Hopefully this time around will … Read more
All Ords 6303 up 29 pts or 0.5%Trading portfolioThe portfolio fell 0.5% today, largely due to weakness in gold stocks following the fall in the gold price on Friday, led by BRB -5%, BGL -5%, GOR -4% and CAI -4%. Also, the performance of ATU -5% did not help. There were no significant rises.Long term … Read more
All Ords 6274 up 21 pts or 0.3%Trading portfolioThe portfolio fell 0.5% today, taking the gain for the week to 3.0% and the financial YTD return to 3.8%. The main influences were ATU -12%, PNV -5% and CUV -4% on the negative side, and CYL +10% on the positive side.The fall in Atrum Coal shares … Read more
All Ords 6253 up 19 pts or 0.3%Trading portfolioI bit the bullet on Bid Energy (BID, $1.06 down 0.5¢, $117m) this morning, selling out at $1.055 thus making a substantial loss on the purchase at $1.37 seven weeks ago.I also took some profits on Atrum Coal (ATU, 25¢ up 6.5¢, $90m) by selling half the … Read more
All Ords 6234 up 25 pts or 0.4%Trading portfolioThe portfolio rose 1.6% today, mostly due to ATU +28%. Another good performance came from CUV +4%. The main negative was BID -4%.The rise in Atrum Coal (ATU, 18.5¢ up 4¢, $67m) commenced from strong support and took it to a new rally high, on higher volume. … Read more
All Ords 6209 down 55 pts or 0.9%Trading portfolioThe portfolio fell 0.9% today. There were more falls than rises and they were dominated by ATU -6%, SDV -3% and AMI -5%. The only significant positive was BID +12%.Redflow (RFX, 7.2¢ down 0.4¢, $51m) delivered its interim financials. Did not expect much improvement and was not … Read more
All Ords 6264 up 22 pts or 0.4%Trading portfolioThe portfolio rose 0.8% today. Best performers were BID +11% and BGL +5%, worst was BRB -5%.The rally in Bid Energy shares (BID, $1.00 up 10¢, $110m) came after the company released its interim financials (improved but still ordinary) and provided more detail behind the recent board … Read more
All Ords 6242 up 27 pts or 0.4%Trading portfolio I sold out of Codan (CDA, $3.07 down 3¢, $550m) at $3.065 a day or two after it broke its short term uptrend, making a loss of 23.5¢ on the purchase made just last week. The result was the cash position rose from 16% to 20%.The … Read more
All Ords 6215 up 39 pts or 0.6%Trading portfolioThis morning I purchased shares in Mineral Resources (MIN, $16.84 down 92¢, $3.2b) at $16.23 when they fell post the result. I had pointed them out previously as a breakout. The stock is more of a long term buy than a trading buy, but we’ll see what happens.The … Read more
All Ords 6176 down 8 pts or 0.1%Trading portfolioThe portfolio rose 1.1% today. Most stocks rose. SDV +4% and GOR +6% had the biggest influence, and CYL +4% and CAI +4% did well too. I guess the new high in the gold price (both in USD and AUD terms) helped.Unfortunately prior to the open Bellevue … Read more
All Ords 6184 up 13 pts or 0.2%Trading portfolioThe portfolio fell 0.4% today, the main influences being BRB -3%, BID -4%, ATU -3% and GOR -3%. Best on the positive side were CUV +4% (it made another new high) and CYL +4%.I find it interesting that most of the gold stocks fell despite the rise … Read more
All Ords 6171 up 22 or 0.4%Trading portfolioThe portfolio fell 1.2% today. The biggest culprits were BID -11%, SDV -4% and VTG -5%. The biggest positive was CUV +3%.Short term uptrend lines have been cut in ATU, BID and VTG. I am inclined to hang in there for BID and VTG, but will consider selling … Read more
All Ords 6149 up 9 pts or 0.1%Trading portfolioThis morning I decided to follow up on yesterday’s sale of SAR to also sell EVN and NCM, for similar reasons. I sold EVN at $3.81 for a 4% profit and NCM at $24.81 for a 14% profit, both having been purchased in early January.They are fine investments but I can get more … Read more
All Ords 6140 down 1 pt or 0.0%Trading portfolioThis morning I swapped Saracen Mineral Holdings (SAR, $3.06 down 6¢, $2.5b) for Calidus Resources (CAI, 2.7¢ up 0.1¢, $23m), selling SAR at $3.08 for a small 14¢ profit in the 2 weeks since purchase, and buying CAI at 2.6¢. While SAR is a fine investment, the leverage … Read more
All Ords 6140 down 9 pts or 0.1%Trading portfolioThe portfolio had a phenomenal day, up 3.7%. By far the main influence was SDV +25%, which now accounts for 11% of the portfolio. Other strong contributors were BRB +9%, ATU +7% and VTG +7%. BID -2% was the main negative, with the fall due to profit-taking … Read more