The local market is trading lower today just before lunch after finally closing above the 7,300 level.

The price of gold fell more than two per cent overnight as the prospect of higher interest rates coming sooner rather than later increases.

We were stopped out of Chalice Mining when it broke through our stop loss points.

Super Retail Group looks to be consolidating at these new highs and we will buy some today and sell out of Harvey Norman in the educational portfolio.

Whitehaven Coal shares are down today after a production update. Perhaps a nice ABC retracement pattern is about to form.

Jumbo Interactive could be moving closer to a breakout.

Telix has moved nicely after breaking to new highs and a retracement back close to the breakout level could offer some interesting trade possibilities.

The A2 Milk price has finally broken the down trend line and we will buy a parcel today.

Wesfarmers has made a fresh high.

Could Flight Centre be posturing for another trend line break?

Table

Security

Units bought (sold)

Date

Open price/

From last table

Current/close

$ gain/loss

Buy CSL

c/fwd 29/12/2020 at $288.30

Bought 10 at $183.00

3/12/2018

3/12/2018

$295.15

$302.89

+$77.40

Bought NDQ ETF c/f

$28.07

Bought 100 at $26.50

1/10/2020

$29.57

$30.22

+$65.00

Bought Resimac c/f

$2.04

Bought 1,500 at $1.45

2/10/2020

$2.47

$2.43

-$60.00

Bought Uniti Group

 

Bought 1,300 at $2.15

24/2/2021

$3.11

$3.26

+$195.00

Buy De Grey Mining

 

Bought 1,500 at $1.05

17/3/2021

$1.45

$1.33

-$180.00

Buy Paladin

 

Bought 6,000 at 37.5c

24/3/2021

55

48.5

-$390.00

Bought Brickworks

 

Bought 100 at $20.80

31/3/2021

$21.02

$23.88

+$286.00

Bought Chalice Mining

Bought 400 at $5.40

1/4/2021

$8.40

Stopped 15/6 at $8.05

-$170.00

Bought City Chic

 

Bought 600 at $4.40

22/4/2021

$4.92

$5.10

+$108.00

Bought Bravura

 

Bought 800 at $3.00

5/5/2021

$3.43

$3.77

+$272.00

Bought Worley

 

Bought 250 at $11.30

5/5/2021

$12.34

$11.90

-$110.00

Bought Harvey Norman

Bought 500 at $5.15

14/5/2021

$5.31

$5.18

-$65.00

Bought Computershare

Bought 200 at $15.50

21/5/2021

$16.18

$16.40

+$44.00​​ 

Bought ASX

 

Bought 30 at $76.00

27/5/2021

$74.51

$75.93

+$42.60

Bought Webjet

 

Bought 500 at $5.20

2/6/2021

$5.12

$5.02

-$50.00

Bought Whitehaven Coal

Bought 1,500 at $1.90

9/6/2021

$1.90

$2.04

+$210.00

 

 

 

 

 

 

 

Start 2/1/2020

$50,000.00

Open balance

$59,346.50

 

 

 

$59,346.50

 

 

Gains/losses week

+$275.00

 

 

 

 

+$275.00

 

Current total

$59,621.50

 

 

 

$59,621.50

Brokerage at

$30 per round turn added when sold.

Buy/ close prices and Margin

$44,087.90

 

 

 

$44,087.90

Prices ​​ from Wednesday night or 6am for US positions.

Cash available

$16,234.90

 

 

 

$16,234.90

 

 

 

Disclaimer: The commentary and trading positions taken are for educational purposes only and are not an invitation to trade. Trading is risky and individuals should seek Professional counsel before making any financial decisions. Many thanks to Incredible Charts.com software for most of the charts used in the column.

Monitor, measure, manage and maximise… Cheers Charlie.

 

 

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