Trading portfolio It was a better day today with the portfolio return up almost 1%. It was helped by a 19% rise in IMA, from 10.5¢ to 12.5¢, just a day after I bought them. At that stage the breakout was tentative only, but now it is well and truly confirmed. So my risk paid … Read more
Trading portfolio Today I bought two new stocks: Appen (APX, $3.65, $350m) at $3.65 Image Resources (IMA, 10.5¢, $56m) at 10.5¢ (order only partially filled). As a consequence the cash position fell from 29% to 25%. The portfolio slipped 0.8% in value today to take the YTD return to minus 1%, back to what it … Read more
Trading portfolio Was marginally down today. No big moves but there were more stocks down than up. AKP is hanging in there at $15.50, just. Had a look at buying DWS and also APX today but I decided to wait to see if they pull back a bit. I am inclined to buy more ALU. Nice to … Read more
Trading portfolio I sold out of a couple of smaller under-performers today: Sold BAU at 6.7¢ making a small loss. Had bought them in February at 7.2¢. Sold BOT at 4.8¢ making a big loss. Had bought them in April at 6.4¢. That brought the cash position up to 29%. The portfolio rose about 1% in … Read more
Trading portfolio The effect of any falls was marginally more than the effect of any rises, so a further small decline in the YTD return occurred today. There were no substantial moves either way. The big four holdings (EOS, FGR, ALU and AKP) still look OK, but some of the smaller holdings should be sold as they … Read more
Trading portfolio The trading portfolio was steady today, with falls offset by rises. The fall in AKP ($15.12, down 53¢) was disappointing because it broke a medium term uptrend. It now looks as if it will revisit that old support level around $14.40. In the meantime if it bounces closer to $16 I might sell … Read more
Trading portfolio This morning I sold out of LBT Innovations (LBT, 30¢ down 0.5¢, $42m) at 29¢ after it broke a support level. I had purchased them at the end of March at 32¢ so made a loss on the transaction. The portfolio slipped again today, with the YTD return falling 0.7%, to a negative 0.8%. … Read more
PHK research Today I posted elsewhere on this blog a detailed research report on Phoslock (PHK). Took me two weeks off and on, and I was pleased to see the end of it. Trading portfolio Down marginally again today but it did have a severe headwind in the form of the overall market being weak. Amazing!. … Read more
Trading portfolio Slightly down again and sitting just above zero return for the YTD. No significant movements. Materials for the new economy Nothing much new. Neometals (NMT, 25¢ down 1.5¢, $140m) has declined further. Not looking good after breaking support earlier this month. Pilbara Minerals (PLS, 39.5¢ down 2.5¢, $504m) is nearing short term support. … Read more
Trading portfolio Did three things today. Firstly I had to sell out of Benitec (BLT, 15.5¢, down 1.0¢) at 15.5¢ when it broke support. I had bought them at the same price some months ago. Secondly I bought into Alkane Resources (ALK, 28¢, up 2¢, $141m) at 27¢ after yesterday’s breakout. I tried to buy … Read more
Trading portfolio This morning I was forced to sell out of the biggest holding, Fastbrick Robotics (FBR, 10¢, $64m) at 10¢, thus making a loss of about 0.5¢ per share. Perhaps I should have sold them last week at 10.5-11.0¢, when they edged outside of the uptrend line, but I gave them the benefit of the … Read more
Trading portfolio I bought some more EOS today at $3.37, more than doubling the position. I had just come away from attending the AGM and couldn’t help myself. What a good story! I should add, though, that the stock finished the day at $3.23 down 9¢, so it seems no-one else was impressed. I suppose … Read more
Trading portfolio It’s death by a thousand cuts. Down another 0.7% today, affected mainly by a 0.5¢ or 4% fall in FBR to 11¢ and a 1.5¢ or 8% fall in BLT to 17¢. AKP fell a little too. I am getting a little concerned over FBT, to be frank. The stock has not performed … Read more
Trading portfolio Today I purchased some shares in Prime Media Group Ltd (PRT, 34¢, $125m) at 35¢ after they broke out a day or two ago. Not my usual sort of thing (they operate regional TV stations, in an industry in decline) but hey, the chart told me to buy them. View articles posted earlier in … Read more
Trading portfolio A small gain was made today, up 0.3%. The biggest contributor was AKP which rose $1.20 or almost 8% to $16.45, while elsewhere the performance was mixed. Once again both FBR and FGR – the biggest holdings – rose 0.5¢ during the day but finished unchanged at 11.5¢ and 10¢, respectively. On the … Read more
Trading portfolio Another down day, with fall the YTD return slipping to 3.2%, down 0.7%. Getting really embarrassing. MUS lurched down again but probably the biggest influence was a 0.5¢ fall in biggest holding FBR, to 11.5¢. LYC down 6% was another disappointment. FGR made a pretty positive announcement on its graphene production capacity but … Read more
Trading portfolio The portfolio actually increased its return today, up 0.6%. But overall for the week the YTD return declined 4.8% to a new low of 3.9%. The main positive influence today was a 0.5¢ or 4% rise in biggest holding FBR. Not that it changed the look of its chart much – it still needs to … Read more
Trading portfolio The portfolio slipped marginally today, down 0.4% and leaving the YTD return at 3.3%. Not something of which to be proud, especially after last years 55% bonanza. Three stocks (LNU +17%, AVZ +16% and MUS +10%) rose more than 10% and initially I thought the portfolio would be ahead, but then I remembered … Read more
Trading portfolio Yet another down day although a bit milder today, down 0.9% to a YTD return of under 4%. No big falls but there was quite a number of them, including bigger holdings FBR and FGR both down 0.5¢ or about 5%. At least the Fred Bart stocks rose, and LNG. I made a … Read more
Portfolio A dreadful day for the portfolio, with the YTD return down almost 3% to just under 5%. I was forced to sell both TAS at 18.5¢ and TLG at 69¢ and they closed at 18.0¢ and 65¢, respectively. Their purchase prices had been 21¢ and 52¢. Very disappointing. Big falls were experienced in quite … Read more
Trading portfolio I doubled up on AKP this morning, at $16.50, which reduced the cash position to 19%. The stock finished down 22¢ at $15.78, but that is nothing in the overall scheme of things. The portfolio return fell another 1.3% today, down to 7.3% for the YTD. Not a great performance. Big falls in … Read more
Trading portfolio It was another poor day for the portfolio, with the YTD return falling 1.4% to the 9% level. It left the return for the full week down by 0.7%. The day started well with good rises in FBR and FGR within the first 30 minutes or so. FBR recorded a high of 13.5¢, up 1.0¢ … Read more
Trading portfolio Well, that didn’t last long. The gains of yesterday were reversed today with a number of key stocks falling heavily including ZLD down 15% to 11¢, TAS down 9% to 20¢, CPH down 6% to 66.5¢, MMJ down 6% to 58.5¢ and LYC down 5% to 9.3¢. Offsetting that to some extent was … Read more
Trading portfolio This morning I doubled my holding in Lynas Corporation (LYC, 9.8¢, $358m) at 10¢, and likewise in MMJ Phytotech (MMJ, 62¢, $127m) at 63.5¢, and got back into Audio Pixels (AKP, $16.00, $430m) at $16.00. All three had quite good breakouts, albeit not to new highs. I am not sure what was behind … Read more
Trading portfolio Another good day with the portfolio return up 0.5% to bring the YTD total to 10.1%. Main movers were TLG up 7% to a new high, CPH up 5% and FBR up 4%. I am hoping FBR – the largest holding – will go for a run because it looked well bid at … Read more
Sunday 23 April I have updated the daily comment for Friday to correct the size of the charts lined to the article. They were too big. For those who found this a problem, you can go back to the article now and see the corrected version.
Improved content The content has been improved with numerous links to charts now scattered though the article. I hope you like it. Portfolio It was a much better day for me on Friday with the YTD return for the trading Portfolio increasing over 1% to 9%, leaving the week down only marginally. Good moves today were seen in … Read more
Portfolio A better day today, up marginally. Big movers were ZLD up 12% (to a new high) and LBT up 5%. There were no major falls but a further 4% decline in the biggest holding FBR was disappointing. Battery raw materials First Graphite (FGR, 9.3¢) and Talga (TLG, 74¢) remain the only graphite stocks of any … Read more
Portfolio Today I sold out of Brainchip (BRN) at 22¢ after it tentatively broke down yesterday, making a sizable loss on the purchase price of 27.5¢. In hindsight, the sale was possibly premature, which would be doubly disappointing. We will see. The portfolio finished down another 1% today, taking the YTD return to 8%. Graphene … Read more
Portfolio Another down day, with the YTD return falling 1% to just under 9%. TLG rose 15% but a number of smaller falls, including BRN, LNU and most of the cannabis stocks, offset that. Tomorrow I might have to sell some stocks that have broken support. Battery stocks Another very ordinary day in this sector. … Read more