The local market pushed slightly higher yesterday and we picked up four ASX 200 cfd’s in anticipation of a move higher. Today the market is up on the back of the prospect of lower inflation in the US. Once inflation becomes entrenched it can take a while to wring it out of the system and most analysts think this is just another bear market rally. Time will tell.
Champion Iron rose strongly after being picked at the recent Hearts and Minds Investment conference.
GWA Group could be forming a “W” bottoming pattern.
IDP Education looks to be stuck in a big sideways range.
Life 360 is still holding above the recent breakout.
Truck and Bus parts operator Supply Network had a nice break higher and we bought some today for the educational portfolio.
Lovisa looks to be consolidating at these prices.
Australian Vanadium has been on a downhill slide for some time and we exited our position today.
Bluescope Steel in consolidation mode.
Technology One moved higher on the back of some decent news.
Table
Security | Units bought (sold) | Date | Open price/ From last table | Current/close | $ gain/loss |
Bought Computershare | Bought 120 at $20.50 | 5/1/2022 | $26.20 | $27.78 | +$189.60 |
Bought CSL
| Bought 12 at $260.00 | 16/2/2022 | $290.00 | $297.00 | +$84.00 |
Bought Aristocrat Leisure | Bought 100 at $35.60 | 6/7/2022 | $37.88 | $35.77 | -$211.00 |
Bought Australian Vanadium | Bought 25,000 at 0.05 | 10/8/2022 | 0.03c | .02 | -$250.00 |
Bought Stavely Minerals | Bought 10,000 at 18c | 10/8/2022 | 16c | 17c | +$100.00 |
Buy GEAR ETF
| Bought 200 at $20.20 | 4/10/2022 | $24.72 | $25.13 | +$62.00 |
Buy Red 5
| Bought 10,000 at 17c | 4/10/2022 | 18 | 16 | -$200.00 |
Buy IDP Education
| Bought 100 at $28.50 | 5/10/2022 | $29.88 | $30.05 | +$17.00 |
Buy State Gas
| Bought 5,000 at 42c | 10/10/2022 | 33c | 31c | -$100.00 |
Buy Pinnacle Invest. Management | Bought 200 @ $8.76 | 14/10/2022 | $9.50 | $9.20 | -$60.00 |
Buy Life360
| Bought 500 at $6.00 | 18/10/2022 | $7.16 | $6.44 | -$360.00 |
Buy Aussie Broadband | Bought 1,000 at $2.25 | 19/10/2022 | $2.49 | $2.56 | +$70.00 |
Buy L1 Long-Short fund | Bought 1,000 at $2.47 | 19/10/2000 | $2.60 | $2.68 | +$80.00 |
Buy Syrah
| Bought 1,000 at $2.35 | 28/10/2022 | $2.55 | $2.35 | -$200.00 |
Buy Pinnacle invest Management | Bought 300 at $8.40 | 4/11/2022 | $9.50 | $9.20 | -$90.00 |
Buy Evolution Mining
| Bought 1,000 at $2.30 | 9/11/2022 | $2.67 | $2.51 | -$160.00 |
|
|
|
|
|
|
Start 2/1/2022 $50,000.00 | Open balance $69,086.55 |
| |
| $69,086.55 |
| Gains/losses week -$1,028.40 |
|
|
| -$1,028.40 |
| Current total $68,058.15 |
|
|
| $68,058.15 |
Brokerage at $30 per round turn added when sold. | Buy/ close prices and Margin $43,275.60 |
|
|
| $43,275.60 |
Prices from Wednesday night or 6am for US positions. | Cash available $23,795.80 |
|
|
| $23,795.80
|
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
