Trading portfolio I made three purchases this morning, being ARV at 20¢, GSC at 43.5¢ and PSY at 10.33¢, reducing the cash position to 14%, down from 23%. These were all held previously in the portfolio so I am pretty familiar with the stocks. Artemis Resources (ARV, 20¢ up 0.5¢, $126m) is arguably the leading … Read more
Trading portfolio Today the portfolio rose 0.4%, taking the week’s gain to 2.6% and the YTD return to 32.7%. Best contributions were from APX 5%, LNU +4% and BCT +8%. The main negative was SKF -7%. Within the portfolio, the cash position rose earlier in the week from 7% to 17% with the proceeds of … Read more
Trading portfolio I had to sell out of a couple of stocks today, being Catapult (CAT, $1.28 down 34¢, $215m) at $1.38 and Change Financial (CCA, $1.05 down 9.5¢, $67m) at $1.04, after their trends failed. CAT had been purchased at $1.97 on what turned out to be a false breakout, so a big loss … Read more
Trading portfolio The portfolio rose 1.5% today, taking the YTD return to 32.7%. By far the biggest influence was APX +29% following the release of its results (see below). Other significant contributors were SKF +11%, AVG +9%, FGR +13% and LNU +4%. The main negative was AKP -6%. It was a busy day for results. … Read more
Trading portfolio As I had feared, shares in Altium (ALU, $18.88 up $3.98, $2.5bn) took off this morning after that interim report. I feel so foolish having sold half the holding a day too early. Anyway, this morning I took the opportunity to sell the balance of the shares at $17.73, compared with the $14.88 … Read more
Trading portfolio This afternoon I sold half the remaining positions in ALU (at $14.88) and APX (at $8.31). They have both done very well since they were purchased and they both have excellent businesses, but I had been thinking they look over-extended in the short to medium term, both on the charts and on the … Read more
Trading portfolio I sold out of Austin Engineering (ANG, 25.5¢ unchanged, $148m) this morning at 25¢, lower than the 26.5¢ at which they were purchased. My rationale is that they appear to have lost momentum. No doubt they will be OK in the longer term. The portfolio finished virtually unchanged, down just 0.1%, taking the … Read more
Trading portfolio The portfolio rose 1.8% today, boosting the YTD return to 30.1%. Most stocks rose. Biggest contributors to the gain were ZLD +7%, FGR +13% and APX +3%. There were no significant falls. Integrated Research (IRI, $3.80 up 16¢, $652m) released its half yearly prior to the open. No surprises – everything seems on … Read more
Trading portfolio The portfolio fell 0.7% today, taking the YTD return down to 28.3%. Biggest positive was FCT +10%, while biggest negatives were ZLD -7% and LNU -4%. FirstWave Cloud Technology (FCT, 33¢ up 3¢, $48m) today hit a new high in its uptrend. It has a short term target of 45¢. Other stocks No … Read more
Trading portfolio The portfolio rose 1.2% today, taking the YTD return to 29.0%. The best contributions came from AKP +6%, ZLD +7% and LNU +4%. There were no significant negatives, SKF -6% being the worst. There is little to say on the charts. Other stocks Nothing to write today. New breakouts of interest None today.
Trading portfolio The portfolio rose 0.5% today to take the YTD return to 27.8%. ZLD +8%, AXL +7% and AKP +4% were the main positive contributors. The move in cannabis hopeful Zelda Therapeutics (ZLD, 14¢ up 1¢, $74m) was interesting. During the day it rose to match the November high of 15.5¢ before pulling back … Read more
Trading portfolio Today I bought up big on the basis that: — The stocks purchased have all broken out despite FUD in the market. — Best be brave when others are fearful (famous last words). I bought four stocks, with XTE being a 50% addition to the existing holding and the others being new holdings: — … Read more
Trading portfolio No transactions today. The portfolio rose 0.9%, taking the YTD return to 29.1%. There were no substantial moves either way, but there were more rises than falls. Main positive influences were SKF +9%, LNU +4% and VIV +11%. The main negative influence was RFX -6%. Linius (LNU, 12.5¢ up 0.5¢, $53m) made a … Read more
Trading portfolio This morning I made four transactions: — sold out of Altech (ATC, 16¢ up 1¢, $68m) at 15.5¢ — sold half the Mineral Deposits (MDL, $1.12 up 4¢, $221m) at $1.10 — bought some more Linius (LNU, 12¢ up 1¢, $51m) at 13¢ — bought Australian Vintage (AVG, 53¢ up 3.5¢, $147m) at … Read more
Trading portfolio I didn’t sell any more shares today after they opened much weaker for the second consecutive day, because I think there is potential for a bounce. The portfolio fared little better than yesterday, down 4.0%, increasing the loss so far this week to 8.9% and reducing the YTD return to 23.6%. There was … Read more
Trading portfolio It was a bloodbath today with the portfolio down 4.9%, reducing the YTD return to 27.6%. Not a single share rose and some fell heavily. The portfolio was most affected by falls in ZLD -12%, RFX -13%, XTE -13%, FGR -14% and 4DS -12%. In the morning I sold some shares, comprising the … Read more
Trading portfolio This morning I sold half the CCA at $1.27, all of the AC8 at $1.575 and all of the FFG at 6.3¢, to generate some cash. All had broken short term trends. Small losses were made on AC8 and FFG but good profits were made on CCA. The portfolio rose 0.6% today, reducing … Read more
Trading portfolio Today the portfolio rose 0.8%, taking the YTD return to 31.9%. Most of the stocks rose. Best contributor was CCA +10%, followed by ALU +4%, RLC +6%, 4DS +10% and VIV +10%. Worst was M7T -7% which lost some of its earlier gains. Change Financial (CCA, $1.35 up 12¢, $86m) jumped out of … Read more
Trading portfolio This afternoon I sold about half the Auscann holding (AC8, $1.63 down 3¢, $226m) at $1.62 on the basis that it appears to have cut short term support. Not necessarily a good move, but I wanted to generate some cash for new opportunities. The portfolio fell again today, down another 1.3% and reducing … Read more
Trading portfolio The portfolio fell 1.2% today, taking the YTD return down to 32.5%. The biggest negative influence was RFX -16% followed by AVL -10%, OVH -9% and 4DS -11%. Main positive influences were VIV +31% and M7T +10%. The fall in Redflow shares (RFX, 16¢ down 3¢, $85m) came after its quarterly, which was … Read more
Trading portfolio The portfolio was up 0.9% today, taking the YTD return to 33.7%. Biggest positive influences were AVL +16%, M7T +11% and LVT +6%. Biggest negative influence was FBR -6% following its quarterly. EOS put itself in a trading halt prior to the open, pending an announcement regarding a significant contract. Sounds interesting. On the … Read more
Trading portfolio This morning I swapped one cannabis stock for another, selling out of Creso (CPH, $1.035 up 2.5¢, $89m) at $1.01, which was the same price I bought them, and buying into Auscann (AC8, $1.74 up 7¢, $241m) at $1.685. My logic was that CPH seemed to be going nowhere and AC8 had the … Read more
Trading portfolio The portfolio scarcely moved today, being up just 0.2% and taking the YTD return to 32.3%. Most positive influence was BRN +15% while LVT +8% also made a good contribution. Most negative influence was EOS -5% while LNU -7% and ZLD were also significant negatives. I didn’t see the rise in BRN as … Read more
Trading portfolio The portfolio did better today, up 1.7% and taking the YTD return to 32.1%. The best contribution came from ZLD +22% followed by APX +5%, RFX +9% and FGR +11%. On the negative side, worst was M7T -13% followed by FGROC -18% (which on the face of it was a little illogical but … Read more
Trading portfolio This morning I sold out of DRC lithium explorer Force Commodities (4CE, 11.5¢ down 1¢, $40m) at 11.5¢ after it broke support and at one point after I sold they got down to 9.8¢ before recovering. I had bought the shares in the first week of December at 7.5¢ so it was a … Read more
Trading portfolio The portfolio declined 1.7% today, taking the week’s loss to 1.6% and the YTD return to 32.4%. Most of the stocks declined, the biggest influences being EOS -4%, FGR -11% and LNU -6%. There were a few positives, though, the best of them being M7T +12%. None of the movements changed the outlook … Read more
Trading portfolio I bought into Change Financial (CCA, $1.13 up 17¢, $72m) this morning at an average of just under $1.05. I had identified the stock as a breakout a few days ago but at that time had insufficient funds to act. Located in Los Angeles, the company has a startup blockchain-based consumer banking software … Read more
Trading portfolio An active day today with three sales and three purchases. Those sold had tentatively broken short-term support and also I wanted to increase my cash holding. They comprised: – Linius (LNU, 17¢ even, $72m) sold one third at 17¢. I had purchased these in 2015/16 about half at 2¢ and half at 6.5¢. … Read more
Trading portfolio This morning I sold down one third of the Australian Vanadium (AVL, 4.8¢ down 0.2¢, $72m) holding at 51¢ when I gauged that it had broken its short term uptrend line on the five minute chart. I had bought the shares at 3.2¢ on Friday last week so basically I was taking some … Read more
Trading portfolio Another very good day today with the portfolio up 2.0% to take the YTD return to 35.9%. By far the biggest contributor was vanadium hopeful AVL which rose another 35% to 5.0¢, bringing the overall rise to 57% in the two trading days since I bought them. Good contributions to the gain were … Read more