Trading portfolio The portfolio rose 0.9% today, taking the YTD return to 27.8%. Biggest contributions were from LNU +6% and AKP +4%. The biggest of the falls was BCT -7%. The rise in Audio Pixels (AKP, $16.40 up 65¢, $441m) came right on the long term uptrend line, so it was significant. However, I would … Read more
Trading portfolio The portfolio rose 0.7% today, taking the YTD return to 27.0%. The best stock was LNU +9%, the worst was BLG -6%. There were no other significant moves, just more rises than falls. The move in Linius (LNU, 9.9¢ up 0.8¢, $50m) came after a positive announcement, released prior to the open, regarding … Read more
Trading portfolio This morning I sold out of three positions which had deteriorated: – Global Geosciences (GSC, 44¢ down 2¢, $589m) was sold at 43.5¢, the same as the purchase price. – Hill End (HEG, 9.5¢ down 1.5¢, $14m) was sold at 9.8¢, considerably lower than the 15¢ paid. – Medical Developments (MVP, $6.97 down … Read more
Trading portfolio The portfolio lost another 0.6% today, taking the week’s loss to 2.2% and the YTD return to 26.8%. There were no substantial movements, just a lot more falls than rises. The best was BLG +4%, the worst was KOR -6%. KOR’s chart looks like it is just consolidating after that initial jump. I … Read more
Trading portfolio The portfolio lost another 0.8% today, reducing the YTD return to 27.4%. Main negatives were KOR -7%, TLG -6% and XTE -5%. Main positive was LNU +7%. For once, there is nothing more to say on the portfolio stocks. Other stocks For varying reasons some of the larger lithium stocks are getting slaughtered. … Read more
Trading portfolio The portfolio rose a marginal 0.1% today, taking the YTD return to 28.1%. The main positive influences were KOR +14% then FGROC +29%, while the main negative influence was LNU -9%. And there were a lot more falls than rises. On the charts KOR looks good potentially, but LNU has proved disappointing. Other stocks … Read more
Trading portfolio This morning I ordered sale of half my positions in a couple of stocks that have (seemingly) cut short term uptrends but may be OK longer term. – HEG was sold at 12¢ (only part of the order), purchase price 15¢. – MVP was sold at $7.04, purchase price $6.25. Also, bought into … Read more
Trading portfolio It was a busy day with 7 transactions completed. I bought into Codan Ltd CDA, $2.58 up 3¢, $460m) at $2.58 after its breakouts some days ago, plus added to positions in FGROC at 7.5¢, KOR at 4.8¢, LNU at 11¢ and PSY at 9.5¢. I also sold the remaining MDL at $1.13, … Read more
Trading portfolio This morning I sold the holding in Onevue Holdings (OVH, 75¢ up 2.5¢, $198m) at 74¢, making a small loss on the 75.5¢ I had paid back in January. This further increased my cash position to 12% of the portfolio.I am looking forward to buying a few stocks in the next week or … Read more
Trading portfolio I sold four stocks this morning, with most of them appearing to have failed their short term uptrends. They were: – AfterPay (APT, $6.76 up 6¢, $1.1bn). Sold at $6.76, bought at $6.75 in Jan. – First Wave (FCT, 31.5¢ down 1¢, $46m). Sold at 31¢, bought at 31.5¢ in Feb. – MedAdvisor … Read more
Trading portfolio The portfolio rose a very modest 0.2% today, taking the YTD return to 28.7%. Best contribution came from XTE +8% followed by TNG +6%. Main negative impacts were from CLV -5% then VIV -8%. Dare I hope that AKP is turning around? It is currently $17.50 and if can get through $18 the … Read more
Trading portfolio The 3% fall in US equity markets last night was a bit of a wake up call and in purely technical terms it looks as if they might test their February lows, down another 3% or so. If that support fails, watch out below! But, if I backed off every time this sort … Read more
Trading portfolio I bought into four new positions today following recent breakouts: – Bluglass (BLG, 49.5¢ up 4¢, $192m) at 47¢. – Clover Corporation (CLV, 87¢ up 8¢, $144m) at 78¢. – Hill End Gold (HEG, 13.5¢ down 1¢, $20m) at 15¢. – TNG Ltd (TNG, 17.5¢ up 1¢, $141m) at 17.5¢. I have pretty … Read more
Trading portfolio The portfolio was up 0.5% today, taking the YTD return to 30.6%. Best contributors were ZLD +9% (but still stuck in its trading range) followed by APX +4% (a small recovery from recent weakness). The falls that hurt performance most were XTE -4% (nothing to worry about) and LNU -4% (adding to its … Read more
Trading portfolio The portfolio fell 0.9% today, taking the YTD return to 30.1%. The biggest negative influences were GGC -7% followed by ARV -7% then FCT -6%. The biggest positive influence was EOS +3%. Nothing much more to say today. A case of three steps up and two down and at present we are on … Read more
Trading portfolio This morning I bought into Clinuvel Pharmaceuticals (CUV, $9.99 up 41¢, $477m) at $10.10 on yesterday’s chart breakout. The shares actually got as high as $10.50 today before reacting back. On the fundamentals, there was nothing much to cause this strength and I am aware that the mkt cap looks high in relation … Read more
Trading portfolio This morning I sold almost half the holding in MedAdvisor (MDR, 4.6¢ up 0.1¢, $37m) at 47¢, making a sizable loss on the purchase at 5.4¢ about a month ago. The stock had broken its short term uptrend line some days ago and I took advantage of today’s bounce to sell down. Today … Read more
Trading portfolio The portfolio fell 0.9% today, reducing the YTD return to 30.6%. The biggest negative was LNU -8% followed by APX -4% then FCT -7%. There were no positives of much note. LNU is now at 8.8¢, a far cry from the 21¢ at which it peaked in January and not at all what … Read more
Trading portfolio The portfolio rose another 0.5% today, taking the YTD return to 30.5%. By far the best performance came from FGR +8% and FGROC +32% when the shares came back on after raising $3.2m through a private placement of 17.7 million shares at 18¢ (with 1:2 FGROC options) to an individual described as a … Read more
Trading portfolio The portfolio fell 0.8% today, taking the YTD return down to 31.0%. The worst stock was SKF -8% followed by TLG -5% which pulled back from resistance at the all-time high, while APX +4% was the best of those that rose. Nothing more to say on the stocks. Other stocks No comment today. … Read more
Trading portfolio The portfolio added just 0.3% today, taking the YTD return to 31.7%. There were very few substantial movements, just more rises than falls. The best was SKF +9% followed by GSC +5%. The worst was LNU -5% followed by AKP -3%. FGR didn’t trade today, having been placed in a trading halt prior … Read more
Trading portfolio The portfolio rose 0.7% today, taking the week’s gain to 0.1% and the YTD return to 31.5%. The biggest positive influence was FCT +13% followed by FBR +7% and GSC +5%. There were no falls of much significance, but APX -2% and then 4DS -4% were the worst. There are no charts for … Read more
Trading portfolio I bought into almond producer Select Harvests (SHV, $5.54 up 10¢, $527m) at $5.40 this morning after its breakout yesterday. to the extent that it now accounts for 5% of the portfolio, causing the cash position to slip from 14% to 9%. Today’s move helps to confirm the breakout. A logical target would … Read more
Trading portfolio The portfolio slumped 1.6% today, taking the YTD return to 29.4%. Main culprits were LNU -9%, FBR -10%, SKF -9% and APX -4%. The only gain of much note was TLG +6%. The fall in LNU to 10¢ was no surprise given the chart. I note there is good support at 9.5¢ dating … Read more
Trading portfolio The portfolio rose 0.9% today, taking the YTD return to 31.0%. There were no substantial rises or falls, just more rises than falls. Best were ARV +8% and FGR +9%. Worst was ST1 -5%. Again, there is nothing more to say on the stocks. Other stocks EDE and TAS have hit new lows … Read more
Trading portfolio The portfolio lost 1.3% today, taking the YTD return to 30.1%. The best was ST1 +10% but there were no other significant rises. In contrast, there quite a few falls, chief among them FGR -11%, GSC -6%, SKF -8% and LNU -4%. No pointers from the charts tonight. Other stocks Nothing today, partly … Read more
Trading portfolio Today the portfolio fell 1.0%, taking the YTD return to 31.4%. There were no substantial moves, just more falls than rises. Worst was FGR -8% and its options FGROC -6% after the huge rise yesterday, and LNU -4%. Best was BCT +8%. There was no chart action that I thought particularly interesting. Well, … Read more
Trading portfolio The portfolio was down 0.5% once again today, taking the YTD return to 32.4%. The biggest positive influences were a further rise in FGR +14% and its options FBGOC +14%, plus VIV +12%, while the biggest negative influences were LNU -8%, TLG -6% and FBR -6%. The rise in First Graphite (FGR, 20¢ … Read more
Trading portfolio The portfolio fell 0.5% today, taking the YTD return to 32.9%. Best performers were ST1 +9% and RLC +12%. Worst were XTE -5% and TLG -4%. There were announcements by many of the portfolio stocks today and I won’t go through them all. The 2018 annual reports by both AKP and EOS were … Read more
Trading portfolio The portfolio rose 0.6% today, taking the YTD return to 33.3%. By far the biggest influence was a rise in FGR +38% and its options FGROC +21% following the company’s announcement after the close yesterday that its graphene plant is now producing at commercial rates. A rise in fellow graphene hopeful TLG +6% … Read more