On a daily chart the local index has made a higher low and now needs to move above the swing high to show some strength.
The local market remains in the bottom half of the last years trading range.
The price of gold has fallen below $1800 again.
A few companies look to be moving higher after making a higher low then breaking up through the previous swing high including Aristocrat Leisure and Dominoes’ Pizza and we added both to the educational portfolio today.
Xero could be forming a bottoming pattern.
A few biotech’s including Telix are on the move.
Polynovo.
Life 360 is on the move and we bought some today.
This historic look at 3-year bond yields and the cash rate shows there is a decent gap between the two at present and higher rates is only one way that gap could close.
This graph shows there can be significant and lengthy declines in stock market values. Perhaps we are due for another lengthy pause.
Table
Security | Units bought (sold) | Date | Open price/ From last table | Current/close | $ gain/loss |
Bought Whitehaven Coal c/f at $2.76 | Bought 300 at $2.70 | 23/12/2021 | $4.91 | $4.83 | -$24.00 |
Bought Computershare | Bought 120 at $20.50 | 5/1/2022 | $24.45 | $24.97 | +$62.40 |
Bought CSL
| Bought 12 at $260.00 | 16/2/2022 | $274.00 | $278.00 | +$48.00 |
Bought Lynas
| Bought 300 at $9.20 | 17/5/2022 | $9.34 | $8.99 | -$105.00 |
Buy BBOZ ETF
| Buy 500 at $4.10 | 7/6/2022 | $4.60 | $4.69 | +$45.00 |
Bought BBUS ETF
| Bought 100 at $11.20 | 10/6/2022 | $11.80 | $11.24 | -$56.00 |
Bought Brainchip
| Bought 4,000 at 80c | 16/6/2022 | 88c | 94c | +$240.00 |
Bought GGUS ETF
| Bought 100 at $24.00 | 27/6/2022 | $23.80 | $21.48 | -$232.00 |
Bought Clinuvel
| Bought 200 at $16.00 | 27/6/2022 | $15.93 | $16.01 | +$16.00 |
|
|
|
|
|
|
Start 2/1/2022 $50,000.00 | Open balance $56,762.45 |
| |
| $56,762.45 |
| Gains/losses week -$5.60 |
|
|
| -$5.60 |
| Current total $56,756.85 |
|
|
| $56,756.85 |
Brokerage at $30 per round turn added when sold. | Buy/ close prices and Margin $23,372.40 |
|
|
| $23,372.40 |
Prices from Tuesday night or 6am for US positions. | Cash available $32,645.50 |
|
|
| $32,645.50
|
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.
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