All Ords 6149 up 20 pts or 0.3%Trading portfolioThe portfolio rose 1.7% today with best performances by BGL +6% and BID +5%, which both rose to new record highs once again. But in fact it was SDV that had the biggest impact, despite the shares remaining in suspension pending completion of the capital raising. That … Read more
All Ords 6129 down 8 pts or 0.1%Trading portfolioThis morning I sold out of Carnarvon Petroleum (CVN, 37¢ up 0.5¢, $441m) at 37.5¢ because it broke trend last week. I had purchased the position at 36¢ in January, so made a tiny profit.I also applied for some SciDev shares (SDV, trading halted at 7.2¢, $4.6m) at 6¢ in a private placement … Read more
All Ords 6136 down 23 pts or 0.4%Trading portfolioThis afternoon I bought back into Over The Wire (OTW, $4.89 up 15¢, $252m) at $5.00 when it popped. I last bought the stock at $3.34 in July 2018 but I sold out at $4.45 in October. As a result of the purchase the cash position fell from 21% to 16%.The portfolio fell … Read more
All Ords 6159 up 67 pts or 1.1%Trading portfolioThe portfolio slipped 0.1% today. Best were CUV +4% and VTG +5%. Worst were SAR -5% and BGL -4%. In the current environment gold stocks are under-performing compared with the banks and iron ore miners.CUV ($23.45 up $1.00) has broken out! I included the charts in yesterday’s … Read more
All Ords 6092 up 24 pts or 0.4%Trading portfolioThe trading portfolio rose 0.6% today. Best performers were BGL +13% then ATU +8% and VTG +4%. Worst performers were CYL -5%, EVN -3% and SAR -2%.It was good to see BGL (57¢ up 6.5¢) at last clear that 50¢ level, which was an important level of … Read more
All Ords 6068 up 105 pts or 1.8%Trading portfolioThe portfolio rose 0.2% today. By far the best performer was CUV +6% followed by ATU +4%. Worst was BRB -4%.The CUV price at $22.65 is now right on the downtrend line from the September top of $24.10. If it gets through this then it still has … Read more
All Ords 5963 up 28 pts or 0.5%Trading portfolioThe portfolio had a phenomenal day, up 1.9%. It was largely due to SDV +44%, but other good contributors were ATU +14% and BID +7%. The main negatives were GOR -3% and VTG -3%.SDV (7.2¢ up 2.2¢, $4.6m) only traded for a couple of hours, opening at … Read more
All Ords 5935 down 2 pts or <0.0%Trading portfolioThis morning I bought back into Breaker Resources (BRB, 35¢ up 2.5¢, $64m) at an average of 35.4¢. I last purchased them in October 2018 at 38¢ but sold them four weeks later at 37¢ when they broke trend. The stock has tentatively broken its downtrend and … Read more
All Ords 5937 down 14 pts or 0.2%Trading portfolioThe portfolio rose 0.8% today due to strength in gold stocks EVN +8% and SAR +5%, and also PNV +7%. On the negative side, SDV -19% gave up some of its recent gains just ahead of the quarterly issued after the close.Nice to see PNV pop.Long term … Read more
All Ord 5951 up 12 pts or 0.2%Trading portfolioToday I sold out of Alpha HPA (A4N, 8.4¢ up 0.2¢, $48m) at 8.5¢, a far cry from the 15¢ I paid in November. The story looked good, but unfortunately after an initial flurry the stock has been on the decline in recent weeks and yesterday broke … Read more
All Ords 5940 down 32 pts or 0.5%Trading portfolioThis morning I sold out of Titomic (TTT, $2.20 down 2¢, $142m) at $2.15 because its uptrend broke a few days ago, and bought back into Polynovo (PNV, 64.5¢ up 0.5¢, $426m) at 64.5¢ after its breakout on Friday. Hopefully it will be a case of third … Read more
All Ords 5971 up 41 pts or 0.7%Have finally discovered how to put links to pdf documents into the text.Trading portfolioThe portfolio rose 0.4% today. Best performers were BGL +5% and BID +4%. Worst was ATU -5%.Long term portfolioThe portfolio rose 0.2% today. There were no significant movements. And nothing more to say. AVZ Minerals … Read more
All Ords 5931 up 22 pts or 0.4%Trading portfolioThe portfolio fell 0.7% today with the worst one being EVN -4% following its quarterly, and BID -5% didn’t help much either.TTT ($2.22 down 3¢) cut its short term uptrend line.Long term portfolioThe portfolio rose 0.3% today. Best were the Bart stocks AKP +4% and EOS +4%, … Read more
All Ords 5909 down 16 pts or 0.3%Trading portfolioThe portfolio slipped 0.3% today. By far the biggest influence was ATU -13% then VTG -5%. The biggest positive was BID +4%.I am not particularly concerned over the falls in ATU and VTG because their charts patterns are still OK.Long term portfolioThe portfolio rose 0.3% today with … Read more
All Ords 5924 down 30 pts or 0.5%I have cut back on my normal efforts today because of other commitments.Trading portfolioThe portfolio had a poor day, declining 1.4%. Most stocks fell with the worst being BID -8% and SDV -9%.I had identified BID yesterday as having cut a short term uptrend but the fall today … Read more
All Ords 5954 up 12 pts or 0.2%Trading portfolioThe portfolio declined 0.7% today with falls in CYL -6%, BID -5% and BGL -5% doing most of the damage, and naturally given the small fall in the overnight gold price the larger gold stocks were off a bit too. The bright spots were ATU +4% and … Read more
All Ords 5941 up 31 pts or 0.5%.Trading PortfolioThis morning I bought into yesterday’s highlighted breakout stock Vita Group (VTG) at $1.19, reducing the cash position from 34% to 29%.The portfolio fell another 0.1% today, taking the gain for the week to 0.4% and the loss for the financial YTD to 7.1%. A further large … Read more
All Ords 5909 up 16 pts or 0.8%.Trading portfolioThe portfolio slipped 0.3% today with ATU -7% being the main culprit followed by CUV -2%. There were a number of rises but none of them more than 1%.The pullback in Atrum Coal (ATU, 12.5¢ down 1.0¢, $45m) came out of the blue but occurred on low … Read more
Trading portfolioThis morning I bought back into two other stocks that I had sold prior to Christmas, being Aurelia Metals (AMI, 79¢ even, $686m) at 80¢ and Bellevue Gold (BGL, 49¢ up 1¢, $221m) at 50¢. Both these junior gold companies are at prices a little higher than I sold them, but their charts look … Read more
Trading portfolioThis morning I bought into Atrum Coal (ATU, 13.5¢ up 1.5¢, $49m) at an average of 12.6¢. I had highlighted the stock yesterday as a breakout of interest. I also finished my buy order in Catalyst Metals (CYL, $1.825 down 0.5¢, $128m) at $1.83, taking my average purchase price to $1.78. The cash position … Read more
Trading portfolioThe portfolio rose 0.4% today with the main contributor being BID +6% then CUV +3%. The main negative was CVN -3%.Long term portfolioThe portfolio rose just 0.1% today. There were no significant movements either way.Other stocksNo comments today.New breakouts of interestAtrum Coal (ATU, 12.0¢ up 1.5¢, $43m). Hard coking coal resource in Canada.
Trading portfolioThe portfolio slipped 0.1% today, taking the loss for the week to 0.6% and the loss for the financial YTD to 7.5% (the latter is now calculated on the full year). Today a further gain in CUV +8% was whittled down by some losses elsewhere, the worst being BID -5%.Long term portfolioThe portfolio fell … Read more
Trading portfolioToday I bought back into Clinuvel (CUV, $20.00 up 80¢) at $19.70 and Catalyst Metals (CYL, $1.78 up 2¢) at $1.76, and bought into BidEnergy (BID, $1.42 up 12¢) at $1.37 and Carnarvon Petroleum (CVN, 36.5¢ up 2.0¢) at 35.5¢. All were recent breakouts as per previous daily comments, bar CYL which is looking … Read more
Trading portfolioThe portfolio rose just 0.1% today, with the best performer being RFX +6% but no other moves of note although I took the liberty of raising A4N by 0.3¢ to the bid price of 8.8¢, and I note sellers are at 10.5¢.Nothing much to say otherwise. I have all that cash sitting there (68% … Read more
Trading portfolioThe portfolio fell 0.7% today, dominated by falls in gold companies SAR -4% and EVN -3%, as well as in A4N -6%. There were no bright spots, unless you would define NCM as having risen very slightly as one.I am not concerned about the gold companies but A4N is a worry on the charts … Read more
Trading portfolioI sold BBOZ out of both portfolios at $15.82 this morning, making a 7% loss. It was a way of making money out of a bear market, I thought, but it did not work out that way when it cut through the uptrend today.So for the trading portfolio, it resulted in the cash position … Read more
Trading portfolioThe portfolio rose 0.5% today, taking the gain for the week to 1.2%. Good gains in the gold stocks were again a feature, partly offset by falls in some of the other stocks. Have to say, A4N has been a bit of a dog but unfortunately is very thinly traded most of the time … Read more
Trading portfolioI am resuming separate commentaries for each portfolio after a number of purchases in recent days.Today I bought back into Titomic (TTT, $2.40 up 8¢) at $2.38. I had sold them at $2.15 back in December when I spit the dummy, but they now look better placed for gains. The stock now accounts for … Read more
PortfoliosToday I bought into EVN at $3.65, NCM at $21.22 and SAR at $2.94, in both portfolios, to the extent that combined, they are the largest component of each portfolio excluding cash. Not that that is saying much – there wasn’t much in the portfolios after that selling spree before Christmas apart from BBOZ which … Read more
PortfoliosI have put the portfolios under the one heading for now given that the number of stocks in each is much reduced. The trading portfolio was unchanged in value today, with very minor movements, while the long term portfolio was down 0.5% due to a further fall in AKP -6%. However this fall to $20.22 … Read more