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
Trading portfolio The portfolio nudged into positive territory today with a rise of 0.3%. The two biggest holdings AKP and EOS both rose a little but that was mostly offset by falls in FBR down 8% and LNU down 12%. I do wonder why I bother with LNU. It is one of my oldest holdings, … Read more
Trading portfolio The portfolio took a tumble today, down 1.3% and taking the YTD return to 6.3%. The main cause was 3% falls in both EOS and AKP. In addition the two rare earth players fell; ALK by 7% and LYC by 5%. An offsetting factor was a big 11% rise in FBR, while ALU … Read more
Trading portfolio The portfolio rose 1% today, taking the YTD return to 7.5%. While EOS was steady and AKP was down 0.9%, good moves were made by a number of the smaller stocks. ALK and MMI went to new rally highs and APX went to another all-time high. Other stocks Talga (TLG, 70¢ down 0.6¢) … Read more
Trading portfolio Another small rise today in the portfolio, up 0.6%. It brought the week’s return to 3.6% and the three weeks YTD return to 6.6%. Small rises in EOS and AKP were partly offset by small falls in LNU and LYC. coming It was good to see ALU ($8.40 up 16¢) rally because I was starting … Read more
Trading portfolio The portfolio was up just 0.2% today, taking the YTD gain to 6.0%. Small movements either side of zero in AKP and EOS balanced out, while good rises were seen in PRT, LNU and LYC. Nothing much else to say on the portfolio today. No interesting moves either way. Oh, except that PRT’s … Read more
Trading portfolio The portfolio did well today, rising 1.6% and taking the YTD return to 5.8%. Biggest influence was probably another 4% rise in AKP, plus a huge 17% rise in MMI following the completion of the capital raising. Stocks typically fall in price following equity raisings but the market took this one very positively. … Read more
Trading portfolio I bought some shares in flight simulator software company Adacel Technologies (ADA, $2.65 down 8¢, $210m) at $2.77 today. They had broken out a few days ago but I didn’t have the money to buy them until today. I had last bought them in May 2016 at $2.57 but three months later sold … Read more
Trading portfolio I managed to sell the remainder of those FBR today at 8.3¢. This increased the cash position to almost 6%. The portfolio slipped 1.1% reducing the YTD return to 1.8%. AKP and EOS both declined a little and FBR fell 11%. LYC rose 5%. There is nothing in the charts which might suggest … Read more
Trading portfolio Today I sold out of CPH at 49¢, making a big loss on the purchase price of 75¢, after the stock hit my mental stop loss. The portfolio dropped 0.8% in value today, reducing the weekly return to 2% and the YTD return to 3%. There were a number of rises and falls of 2-3% within … Read more
Trading portfolio I tried to sell the remaining FGR at 8.3¢ today after a further rally but only managed to get a few done before the stock fell away again. The portfolio value increased 0.1%. Most of the stocks rose, some by 4% or more, but this was largely offset by minor falls in AKP … Read more