Trading portfolio The portfolio rose a little more today, up 0.2%, taking the YTD return to 9.5%. The biggest influence was probably FBR up 1¢ or some 5% to 23¢. And MDL hit another new high. On the chart, FBR appears to have tentatively broken its short term downtrend, having bounced from an area of … Read more
Trading portfolio The portfolio rose 0.5% today, taking the YTD return to 9.3%. The biggest influence was probably a 5% rise in LYC to 19.5¢. The stock has leapfrogged EOS and FBR to move into second place, accounting for 12% of the portfolio behind AKP with 17%. And I still like it. Other good performers … Read more
Trading portfolio The portfolio took a turn for the worse today, down 1.3% and taking the YTD return to 8.9%. Most stocks fell, the most notable being AKP down 4% to $17.68. I can’t say I’m surprised on AKP. After all, it did break its short term uptrend a few weeks ago, and probably has … Read more
Trading portfolio Following its breakout to a new high and after updating my earnings projections to 2020, I bought some more ALU this morning at $10.23. The chart looks good and the stock is far less speculative than my normal pick. Actually, I should rephrase that – that stock is low risk. The portfolio rose … Read more
Trading portfolio The portfolio had a better day today. It was up 0.9% and this took the FYTD return to 9.7%. There were no large moves but most stocks rose. Worth noting that ALK has made a new high and ALU has equalled its all-time high. LYC has failed to report its financials by the … Read more
Trading portfolio The portfolio was essentially unchanged today, down just 0.1%. The biggest influences were AKP up 7% post the comments in its interim report, and EOS down 7% on no news, and the two broadly balanced out. Regarding the other stocks ALK and LNU also rose 7%. On the charts, AKP may be a … Read more
Trading portfolio I doubled up on APX this morning at $4.55 because I like the fundamentals and I like the chart. Not so much of a speculative stock but I think it will do well over the next year. The portfolio added 0.6% today, bringing the FYTD return to 8.8%. The star was ALU, up … Read more
Trading portfolio This morning I sold half the FND at 24¢, taking part-profits on the purchase price of 19¢ because it came up against some strong support. I also sold out of ARV at 18¢ when it confirmed the uptrend was broken, making a small profit on the purchase at 16¢. The sales doubled the … Read more
Trading portfolio The portfolio fell 1.4% today, taking the weekly loss to 4.3% and the FYTD return to 9.4%. By far the biggest influence today was a $1.66 or 9% fall in AKP, to $17.25, following its announcement that there would be a delay in the commercialisation of its digital speaker technology pending some last … Read more
Trading portfolio Today there were three transactions in the trading stocks: – I sold the PRT position at 45¢, making a nice profit on the purchase at 35¢ back in February. – I sold part of the ARV position at 19¢, making a small loss on the average purchase price (FIFO) of 21¢. It looked … Read more
Trading portfolio I spent some time today combining two Excel spreadsheets, one for each trading portfolio of two investment fund entities, in order to provide a more complete picture of performance. There are 24 stocks in the combined trading portfolio with the five largest positions being AKP 18%, EOS and FBR each 11%, LYC 9% … Read more
Trading portfolio The main portfolio slipped 1.3% today, while the smaller portfolio fell 2.7%, taking their YTD returns to 8.1% and 25.6%, respectively. The biggest influence was a 6% fall in AKP, down $1.09 to $18.41. Also, ARV fell 10% or 2.5¢ to 22¢. On a brighter note, ALK rose 9% As far as the … Read more
Trading portfolios The main portfolio rose just 0.2% today, taking the FYTD return to 9.4%. The smaller portfolio rose 2.6% to take its FYTD return to 28.3%. The main influence on both portfolios was an 8% rise in FBR. Not much else to say on the portfolios today. I will get around to presenting composite … Read more
Trading portfolio This morning I bought back into cannabis hopeful MMJ Phytotech (MMJ, 40.5¢ down 2¢, $85m) at 42¢. I last traded the stock in 2016/17 and made good profits. Let’s hope I can do the same this year, but it hasn’t made a good start. The portfolio rose 0.9% today, taking the weekly gains … Read more
Trading portfolio I sold out of Adacel (ADA) this morning at $2.43, making a small loss on the shares. I felt I needed to raise more cash and, right or wrong, I felt the shares weren’t going anywhere in a hurry. After the sale the cash position rose to 4% from 1%. The portfolio had … Read more
Trading portfolio Today I sold the SSM position at $1.26, not because I didn’t like the stock but because I wanted to make room for purchases. With the proceeds I bought some more EOS at $3.07. The portfolio rose 0.4% today, taking the YTD return to 6.8%. There was a huge performance by FBR (up … Read more
Trading portfolio I bought into two stocks this morning, both recent breakouts: – Wireless M2M communicator Connected (CIO, 3.7¢, $35m diluted) at 3.7¢ – Cannabis hopeful Zelda Therapeutics (ZLD, 9.0¢, $38m) at 9.4¢. The portfolio did well today. It was up 2.3% taking the FYTD return to 6.4%. The biggest influence was probably the 34% … Read more
Trading portfolio The portfolio fell 1.2% today, cutting the FYTD return to 4.1%. Most stocks fell a bit, including AKP down 3%. Other stocks Cannabis stocks have confirmed their recent breakouts, among them old portfolio favourites MMJ Phyto (MMJ, 43¢ up 6¢) and Zelda (ZLD, 9.0¢ up 1.2¢). New breakouts of interest None today.
Trading portfolio This morning I bought into gold explorer Breaker Resources (BRB, 76¢ down 0.5¢, $97m) at 77¢ following its move to a new high a few days ago. It is drilling out a relatively large orebody to the east of Kalgoorlie with a maiden resource scheduled to be released by the end of this … Read more
Trading portfolio The portfolio slipped by 0.2% today, taking the FYTD return to 7.6%. AKP rose a further 44¢ or 2% to $20.67 but this was more than offset by a few larger falls in the smaller holdings lead by ARV down 13%, ISX down 5% and PRT down 5%. The fall in ARV took … Read more
Trading portfolio All systems back! I sold half the MGX position today at 44¢, making a useful profit on the 30 June purchase price of 33¢. I don’t think the price is in much danger medium term, but it had breached a short term uptrend line and I thought it prudent to take some money … Read more
Trading portfolio I am bringing you this post a day late because of some computer problems, and only on the portfolio itself because I did not have access to my charts. Bit of a disaster. Anyway, the portfolio fell 1.3% on Tuesday, taking the FYTD return to 5.4%. Most stocks fell a bit, the worst … Read more
Trading portfolio The portfolio rose 0.7% today despite the weakness in AKP which fell 52¢ or 3% to $18.99 and at one stage touched $18.68. But good performances in LYC up 7% and a number of the other smaller stocks were offsetting factors. So, what to say on AKP? It seems I have crossed the … Read more
Trading portfolio The portfolio fell another 0.3% today, taking the week’s loss to 1.9% and the YTD return to 6.1%. ARV rose 10%, PRT 6%, LYC 4% and SSM 3%, but this was more than offset by AKP falling 4% and TAS by 6%, among others. AKP has now cut the short term uptrend line … Read more
Trading portfolio I bought some more LYC this morning at a price of 15¢, adding to the number of shares held by one third. The stock finished the day down 2.5¢ at 13.5¢ so my timing was bad in the short term but I am reasonably confident it will be OK in the longer term, … Read more
Trading portfolio The portfolio did well today, up 1.2% and taking the YTD return to 9.3%. The biggest influence was a huge 2.5¢ or 19% rise in LYC, to 16¢. The stock is now up 73% since its purchase and it now accounts for 10% of the portfolio, second behind AKP at 24% and ahead … Read more
Trading portfolio Today I sold half the EOS holding at $2.95, making a minor loss, because I was concerned the stock might be breaking down short term. As it happened it finished up 5¢ at $3.00. But I am still concerned. The stock now accounts for only 9% of the portfolio, leaving AKP at by … Read more
Trading portfolio The portfolio slipped 0.5% today, taking the YTD return to 7.5%. MGX did well, up 7%, but most stocks fell slightly and this included the big holdings AKP and EOS. It was interesting to see the rise in the iron ore plays. Nothing much else to say on the portfolio today. Other stocks … Read more
Trading portfolio The portfolio fell a marginal 0.2% today, taking the weekly return to 1.4% and the YTD return (i.e. for the first four weeks of July) to 8.0%. On the day, a good 8% rise was seen in LYC, which was up another 1¢ to 13.5¢, but this was offset by falls of 1-2% … Read more
Trading portfolio The portfolio did well today, up 1.7% and taking the YTD return to 8.2%. While AKP (+1%) and EOS (unchanged) were mildly positive the big performers were LYC (at 12.5¢, up 1.5¢ or 14%) and FBR (at 20¢, up 2¢ or 11%). It looks as if LYC is going to have another go … Read more