Trading portfolio The portfolio had a reasonable day, up 0.7% to take the YTD return to 1.7%. The biggest contributor by far was APT +5%, while a rise in TER +7% was also quite useful. The biggest negative influence was a fall in FGROC -23% despite a rise in the underlying security FGR +3%. A … Read more
Trading portfolio It was a good day today with the portfolio up 1.1%, taking the gain for the week to 2.9% and the YTD return to 1.0%. NEA +4% was the best contributor followed by TER +8%, APT +6%, ASH +9%, MYE +6% and AXL +7%. There were no significant negatives. Shares in Terracom (TER, … Read more
Trading portfolio The portfolio rose a touch more today to close up 0.1% and thus shave the YTD loss to 0.1%. The only significant contributor was NEA +8%. Afterpay (APT, $16.25 down 14¢, $3.5b) continued to trade around its recent highs, rather than take off altogether. Introduces a note of caution short term. CSL (CSL, … Read more
Trading portfolio I am travelling today and had IT problems so am running very late at almost 11pm windy W time. But what I can say is that the portfolio did very well, being up 1.9% and reducing the loss for the YTD to just 0.2%. By far the biggest factor was APT up 9% … Read more
Trading portfolio The portfolio rose 0.7% today, reducing the loss for the YTD to 2.1%. By far the biggest contributor was APT +6%, while other good performances came from SIQ +3% and APX +3%. APT ($15.10 up 83¢) has pushed through that resistance at about $14.80 so there is a reasonable chance the stock has … Read more
Trading portfolio The portfolio fell 0.9% today, taking the YTD loss to 2.8%. APT -2%, NEA -2% and SIQ -3% were the biggest influences, while the main offset was XRO +2%. Nothing much else to say. Long term portfolio Yesterday I published at last that research report on Phoslock (PHK, 43.0¢ up 1.5¢). There is … Read more
Trading portfolio The portfolio fell a further 0.2% today, taking the loss for the week to 1.7% and the loss for the YTD to 1.9%. Best contributor was APT +2%, while the worst was APX -3%. And AKP +6% looks better, having bounced off its very strong support. Long term portfolio I was unable to … Read more
Trading portfolio The portfolio declined a further 0.8% today, increasing the loss for the YTD to 1.7%. By far the biggest culprits were LVT -11% after announcing its placement and SPP, and APT -2%. SIG -3% did not help either. There were no rises of much note. APT was disappointing. I had geared myself up … Read more
Trading portfolio The portfolio slipped 0.2% today, taking the loss for the YTD to 0.8%. Good rises in MYE +9% and LVT +5% were countered by falls in SIQ -5% and FGROC -8%. The all important APT rose a touch. The fall in SIQ today broke its medium term uptrend but the stock looks OK … Read more
Trading portfolio This morning I sold out of a couple of stocks which had broken through support, at a loss in both cases. Disappointing. And in both cases they closed at a higher price than I sold. Very disappointing. I am already regretting selling both stocks. Sellers remorse! – Capitol Health (CAJ, 30¢ up 0.5¢, … Read more
Trading portfolio This morning I sold out of labour-market platform operator giant Seek (SEK, $20 down $1.92, $7.0b) at $19.97 in order to purchase some shares in profitable fintech company Axsesstoday (AXL, $2.55 up 6¢, $166m) at $2.57. I had bought SEK at $21.89 in June so made a loss. The stock was weak today … Read more
Trading portfolio It was a busy day. I sold out of First Graphene (FGR, 17.5¢ even, $71m) at 17.0¢ after it cut the uptrend line and triggered my mental stoploss. Of course it then recovered to finish unchanged so perhaps I was premature. But at least I still have the options running. I had purchased … Read more
Trading portfolio This morning I sold out of Clover Corporation (CLV, $1.535 up 3¢, $254m) at $1.54 just one week after I bought them at $1.675, because they appeared to have cut their uptrend yesterday. The portfolio slipped 0.7% today, taking the loss for the YTD to 1.5%. Nearmap (NEA, $1.41 down 11¢ or 7%, … Read more
Trading portfolio This morning I sold out of Rent (RNT, 7.7¢ down 0.1¢) at 7.6¢ after it broke support. I had bought them at 9.2¢ back in April so made a sizeable loss. It was another poor day I’m afraid, with the portfolio finishing down 0.9% and putting the YTD return into negative territory. The … Read more
Trading portfolio The portfolio did poorly today, down 1.6% and wiping out all gains for the YTD. Worst was TER -11% following its quarterly, then NEA -3% and APX -3%. TER aside, there seems to be a trend at present, of marking down most of the stocks that have done very well and are perhaps … Read more
Trading portfolio This morning I bought some more Afterpay (APT, $14.51 up 12¢, $3.2b) at $12.74 on the basis that the stock provisionally broke its downtrend, increasing the position by about one third. The average book price of the holding has increased from $9.43 to $11.53. The portfolio declined 0.8% today, reducing the YTD return … Read more
Trading portfolio The portfolio rose 0.7% today, taking the gain for the week to 0.6% and the YTD return to 2.2%. The main contributors were NEA +4%, MSB +7% and LVT +5%, while the most negative were FGR -3% and APX -2%. New highs were made by ALL, CTD and MYX. APT remains in downtrend … Read more
Trading portfolio This morning I sold out of Speedcast (SDA, $6.01 down 5¢, $1.4b) at $5.79 after the uptrend line broke. But soon after, the stock rallied back above the line. I had bought the stock at $6.15 just last week so mucked that up totally. I also bought back into Clover Corporation (CLV, $1.62 … Read more
Trading portfolio This morning I bought into three new positions: – Sonic Healthcare (SHL) at $26.12 – Reliance Worldwide Corporation (RWC) at $5.97 – Promedicus (PME) at $8.70 The portfolio fell 0.3% today, reducing the YTD return to 2.4%. There were no substantial movements, just more falls than rises. APT at $14.75 has worked itself … Read more
Trading portfolio The portfolio climbed a bit more today, up 0.2% to take the YTD return to 2.7% The biggest factors were LNU +10% on the plus side and APT -4% on the minus side. Linius (LNU, 7.5¢ up 0.7¢, $70m) shot up to as high as 8.7¢, a rise of 26%, before pulling back. … Read more
Trading portfolio This morning I completed the purchase order in Audio Pixels (AKP, $16.79 up 59¢, $451m) at $16.10, striking good fortune in my timing for once. I also added one third to the position in Nearmap (NEA, $1.55 up 8¢, $611m) at $1.545 after its breakout. The stock is now the biggest holding at … Read more
Trading portfolio I bought back into Audio Pixels (AKP, $16.20 down 36¢, $436m) today, or I tried to. But the stock is ridiculously thinly traded because most of the capital is held tightly by management and long term holders, and I only got a tiny fraction of my order at $16.10 completed. I had sold the … Read more
Afterpay Absolutely riveting day watching Afterpay (APT) on the one minute chart after the company came out with a hugely positive update on trading conditions. The shares had already risen from $10.92 (yesterday’s close) to $11.04 on big volume in the first 3 minutes prior to a “Pre NR” trading halt at 10.03am (presumably an … Read more
Trading portfolio I sold out of kids’ phone company MGM Wireless (MWR, $1.78 down 13¢, $21m) today at $1.74 when it broke through its second level of support. I should have sold half of them when it broke through its first level of support at around $1.95 earlier this week, but I thought I would … Read more
Trading portfolio It was a poor day with the portfolio falling 1.5% to take the YTD return to minus 2.4%. Most stocks fell. Biggest influence was a 29% fall in FGR options, and APT -3% and APX -3% also had an impact. It seems the stocks that have outperformed in recent months are taking a … Read more
Trading portfolio The portfolio fell 0.3% today to take the YTD return to minus 0.9%. Most stocks fell, with the biggest influences being FGR -5% then APT -2%. The main positive was OTW +5%. Other stocks Fastbrick (FBR, 19.5¢ up 1.5¢, $207m) may be breaking out of its downtrend. Worth watching. New breakouts of interest … Read more
Trading portfolio This morning I bought more Smartgroup shares (SIQ, $12.04 up 6¢, $1.6b) at $12.10 because the chart looks good for further gains and because it is another higher quality stock, and as I said before, I am gradually repositioning the portfolio to higher quality stocks. I pretty much bought on the high for … Read more
Trading portfolio This morning I sold out of Altium (ALU, $21.04 up 5¢, $2.7b) at $21.25 on the bounce, following its breakdown yesterday. I had purchased them at $23.94 so made an 11% loss. The stock actually got to that $21.50 area of resistance earlier today after I sold them, before falling away again. A … Read more
Trading portfolio This morning I bought back into Livetiles (LVT, 54¢ up 4.5¢, $273m) at 54.5¢ after its breakout yesterday. Unfortunately I had to pay up given its strength today. Previously I had bought the stock a couple of times during 2017/18, first at 44¢ and then at 50¢, but sold the first lot at … Read more
Trading portfolio This morning I bought into old favourite Nearmap (NEA, $1.35 up 23.5¢, $532m) at $1.34 on its breakout post the company’s update on business conditions. Revenue growth is now accelerating and I would have thought the company could make a maiden profit in the current year. Of course, that much and a lot … Read more