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
Trading portfolio The portfolio gave up some of its gains today, declining 0.5%. A $1.01 or 5% fall in AKP to $21.30 was the main influence. On the positive side it was good to see FBR rise 9% on the day after their purchase, confirming their breakout, and FGR rallied 16%. I don’t think the … Read more
Trading portfolio Today I bought back into Fastbrick Robotics (FBR, 16.5¢, up 5.0¢) at 17¢ on the stock moving above the previous high. The portfolio had the best day in some weeks, with the return rising 3.6%. By far the main influence was a $3.31 or 17% rise in AKP, to $22.31. I had been … Read more
Trading portfolio The portfolio slipped 0.3% today. AKP and EOS finished unchanged but of the two rare earth plays, LYC fell 8% and ALK fell 6%. Nothing more to add really. Other stocks Kidman (KDR, 71¢ up 9¢, $236m) rallied after its court win. I would wait until it takes out the October high of … Read more
Trading portfolio Unusually, there were no transactions all week. It is partly because everything in the portfolio seems OK and partly because I have very little firepower given the cash position of under 4%. The portfolio slipped 0.4% today with most stocks falling a little. Of the two largest holdings AKP finished unchanged at $19 … Read more
Trading portfolio The portfolio rose 0.7% today, taking the YTD return to 1.4%. Key was AKP rising 60¢ or 3% to $19.00. Also ALK rose 1¢ or 4% to 27.5¢ and MDL rose 3¢ or 4% to 78¢. On the negative side, FGR fell 0.3¢ or 4% to 7.0¢, LYC fell 0.5¢ or 4% to … Read more
Trading portfolio The portfolio rose 1.0% today, taking the financial YTD total to 0.7%. Good rises were seen in FGR up 12%, LYC up 9%, MDL up 9% and ALK up 8%. However the two biggest holdings AKP and EOS were each off 1% so had a negative impact. The strength in rare earth counters … Read more
Trading portfolio The portfolio fell 0.7% today, with yesterday’s big movers LYC and MDL giving up some of their gains and the big holdings either down slightly (AKP) or steady (EOS). There were no movements more than 5%. It would appear the ALK (24.5¢ up 0.5¢, $124m) has bottomed, helped along by that positive announcement … Read more
Trading portfolio The portfolio rose 0.4% during the first trading day of the new financial year. Although both AKP and EOS declined marginally there were some quite good rises within the smaller holdings, the best being LYC up 10% to 11.5¢ and MDL up 8% to 72¢. Having now clearly broken through that resistance level … Read more
Trading portfolio Today I purchased some shares in iron ore miner Mount Gibson (MGX, 33¢ down 0.5¢, $362m) at an average of 33.3¢ after yesterday’s breakout. I also purchased some shares in Tasman Resources (TAS, 21¢ up 3.5¢, $83m) at 21¢ after it broke out this morning following a positive announcement from EDE on the … Read more
Trading portfolio The portfolio rose another 0.6% today, further reducing to 0.4% the loss for the YTD. The biggest influence would have been a 4% retracement in AKP to $17.86. ALK fell 4% too and MDL 4%. On the positive side, LNU rose a massive 21% or 1¢ to 5.7¢, PRT rose 6%, LYC 5% … Read more
Trading portfolio The portfolio put on 1.7% today, reducing the YTD loss to 0.9%. By far the main influence was a $1.26 or 7% rise to $18.50 in AKP, my biggest holding. The chart now looks spectacular. The medium term uptrend from the February low of $10 is now well established and I am confident … Read more
Trading portfolio I sold out of Mustang Resources (MUS, 3.9¢, $21m) at 4.1¢ this morning after it broke trend, making a big loss on the purchase price of 8.2¢ back in February. The portfolio fell 0.7% today. The biggest influence was probably the further 13% fall in FGR, to 6.5¢. I’m glad I sold half … Read more
Trading portfolio The YTD return slipped 0.4% today, to minus 2.0%, due to a number of small falls in the less important stocks, the worst of them being FGR down 4%. But AKP and EOS held up well. Integrated Research (IRI) went to a new high today, so that was encouraging. It is one of … Read more
Trading portfolio Had to sell AVZ Minerals (AVZ, 3.2¢ down 0.2¢, $47m) today after a break of uptrend line. Sold them at 3.2¢ which represents quite a loss on the purchase at 3.9¢ on 3 May. Overall the portfolio rose 0.5% today, reducing the YTD loss to 1.6%. The biggest holdings AKP down 0.1% and … Read more
Trading portfolio It will come as no surprise to those who read yesterday’s post that today I sold half the FGR holding at 8.2¢, making a huge loss on the purchase price of around 12¢. Also, this morning I added to the positions in AKP and EOS at $17.18 and $3.18. These stocks each now … Read more
Trading portfolio No change in the portfolio again today, with rises offsetting falls. A 17¢ or 6% rise in EOS on the close was offset by smaller falls elsewhere and especially in FGR which was down 0.6¢ to 8.4¢. I hate to say it but FGR’s chart pattern fills me with foreboding. EOS announced today … Read more
Trading portfolio I sold three under-performers today, all at sizeable losses. GSC was bought early May for 21¢ and was sold today at 16¢, IMA was bought end of May for 11.2¢ and was sold today at 9¢, and LNG was purchased in January for 79¢ and was sold today at 57.5¢. As a result … Read more
Trading portfolio The portfolio was static today, with rises offsetting falls. Probably should have sold LNG. Presumably the weakness is because of the proposed move to Nasdaq, which will make life a lot more complicated for Australian investors. Other stocks None of interest
Trading portfolio It was a better day today with the portfolio return increasing by 1%, taking the YTD figure to minus 2%. FGR rallied 6% while AKP and EOS both rose a bit. Anther good performance was seen by LYC up 6%. But LNG was disappointing down 5% – they are now sitting on support … Read more
Trading portfolio The portfolio fell 1.4% in value today, due mainly to a large fall in First Graphite (FGR, 8.5¢, down 0.8¢ or 9%). Biggest holdings AKP and EOS also fell a touch albeit nothing significant, and some of the smaller holdings fell 6% (GSC) and 8% (AVZ). The FGR chart is on the verge … Read more
Trading portfolio There was a small gain of 0.6% today, thanks to 6% rises in both EOS and LYC, and some reasonable rises elsewhere. I wonder if the 0.5¢ rise in LYC to 9.1¢ was due to my research report published a few days ago. Probably not. Anyway, the move has confirmed the break of the … Read more