The local market has been drifting lower for a while.
The US S@P 500 has been making successive highs. After such a strong run up from the Covid lows world markets could be due for a breather. Currently running at around 40per cent per year markets will eventually run out of puff.
Marcus Padley recently ran an article about a “One stock” portfolio which prompted Kochie at the COB to have analysts name a stock that could change lives. Audinate was one of those picked recently.
Hazer Group was also named as a stock that could potentially be a portfolio changer.
IGO was also named as a potential game changer.
Super Retail has been moving down and is yet to move below the up trend line.
Points Bet Holdings moved below our stop and we sold out. Bravura has also been moving down and we sold half our position as a cautionary measure.
Even after a bid at $8.25 per share and some 40 per cent higher than the price of the day Sydney Airport is yet to trade at pre-Covid prices.
Resolute has moved out of the descending triangle pattern and we bought a parcel this morning for the educational portfolio.
Uniti Group has again bounced up from the trend line.
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 | $290.29 | $277.23 | -$130.60 |
Bought NDQ ETF c/f $28.07 | Bought 100 at $26.50 | 1/10/2020 | $31.73 | $30.87 | -$86.00 |
Bought Resimac c/f $2.04 | Bought 1,500 at $1.45 | 2/10/2020 | $2.48 | $2.34 | -$210.00 |
Bought Uniti Group
| Bought 1,300 at $2.15 | 24/2/2021 | $3.29 | Sold 500 at $3.30 800 left at $3.14 | -$25.00 -$120.00 |
Buy Paladin
| Bought 6,000 at 37.5c | 24/3/2021 | 50 | 52 | +$120.00 |
Bought Brickworks
| Bought 100 at $20.80 | 31/3/2021 | $24.71 | Sold $25.07 | +$6.00 |
Bought City Chic
| Bought 600 at $4.40 | 22/4/2021 | $5.19 | $5.15 | -$24.00 |
Bought Bravura
| Bought 800 at $3.00 | 5/5/2021 | $3.45 | Sold 400 5/7 at $3.40 400 left at $3.36 | -$70.0 -$36.00 |
Bought Worley
| Bought 250 at $11.30 | 5/5/2021 | $11.72 | $11.60 | -$20.00 |
Bought Computershare | Bought 200 at $15.50 | 21/5/2021 | $16.98 | $16.40 | -$116.00 |
Bought ASX
| Bought 30 at $76.00 | 27/5/2021 | $77.69 | Sold 6/7 at $76.00 | -$80.70 |
Bought Webjet
| Bought 500 at $5.20 | 2/6/2021 | $4.74 | $5.15 | +$205.00 |
Bought Whitehaven Coal | Bought 1,500 at $1.90 | 9/6/2021 | $1.89 | $2.13 | +$360.00 |
Bought Super Retail
| Bought 200 at $13.19 | 16/62021 | $12.67 | $12.37 | -$60.00 |
Bought A2 Milk
| Bought 400 at $5.93 | 16/6/2021 | $6.11 | $6.69 | +$232.00 |
Points Bet Holdings
| Bought 200 at $13.80 | 23/6/2021 | $12.85 | Sold 6/7 at $12.00 | -$200.00 |
Telix Pharmaceutical
| Bought 500 at $5.70 | 24/6/2021 | $5.84 | $5.54 | -$150.00 |
Bought Bapcor
| Bought 400 at $8.50 | 30/6/2021 | $8.50 | $8.18 | -$128.00 |
|
|
|
|
|
|
Start 2/1/2020 $50,000.00 | Open balance $59,045.50 |
|
|
| $59,045.50 |
| Gains/losses week -$916.80 |
|
|
| -$916.80 |
| Current total $59,045.50 |
|
|
| $59,045.50 |
Brokerage at $30 per round turn added when sold. | Buy/ close prices and Margin $43,085.00 |
|
|
| $43,085.00 |
Prices from Wednesday night or 6am for US positions. | Cash available $14,969.90 |
|
|
| $14,969.90
|
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.
To order photos from this page click here