QAV Light Update #40

 Hel­lo QAV Light Brigade

It’s anoth­er Mon­day.

The AORD jumped on Fri­day after bet­ter-than-expect­ed USA infla­tion num­bers came out. I won­der how long this enthu­si­asm will last? And while it was a pos­i­tive week for the AORD, it was­n’t so nice to coal stocks, which we own a lot of, so our port­fo­lios took a bit of a hit.

Let’s have a look at how our port­fo­lios are doing and what we have to buy this week.

PORTFOLIO UPDATES

22.1 Port­fo­lio 

You can see the full chart and trans­ac­tions on the Light home­page. As of this morn­ing, since incep­tion (18 April 2022, which is also when the mar­ket start­ed to cor­rect), we are down 8.3% vs the bench­mark which is down 6.9% over the same peri­od. We were doing bet­ter than the bench­mark last Mon­day, but the decline in coal stocks last week knocked us down a bit.

The best per­form­ers in the last week were:

22.2 Port­fo­lio 

Incep­tion date 08/08/2022. It also took a small hit last week while the bench­mark jumped. We are up 1.86% vs the bench­mark which is up 2.2%.

The best per­form­ers in the last week have been:

22.3 Port­fo­lio 

Filled 7/11/2022. Now that we’ve filled it, I’ll start track­ing its per­for­mance from the filled date. We are down 2.1% ver­sus the bench­mark which is up 4.1%.

The best per­form­ers in the last week have been:

SELLS

BUYS

** Please remem­ber to review our Buy­ing Guide­lines to under­stand which cap bands you should be look­ing at and oth­er impor­tant con­sid­er­a­tions. 

DISCLOSURE

In the inter­est of full dis­clo­sure, we would like to advise that, as of the date of this email, the QAV team cur­rent­ly hold these stocks in their per­son­al port­fo­lios:

ALO AMP CGF IGL JHG MQG NAB NHC NWH QAN QBE VEA WAM WDS WHC XTE COG S32 PRU

Please note that our per­son­al hold­ings might not include the stocks we rec­om­mend in QAV Light. This is because we already have full port­fo­lios (15–20 stocks) and can only add new stocks if we have to sell some­thing.

If you’re inter­est­ed in learn­ing more, please review our trad­ing and dis­clo­sure pol­i­cy.

FOR NEW MEMBERS

If you’re new to QAV Light, here’s a quick reminder on how it works.

1. We send you an email every Mon­day advis­ing which stocks we are adding to our Light port­fo­lio.
2. You can copy our trades, but please remem­ber to review our Trad­ing Guide­lines to under­stand which cap you should be look­ing at and oth­er impor­tant con­sid­er­a­tions. And con­sult a finan­cial plan­ner before mak­ing any deci­sions.
3. We don’t rec­om­mend that you add stocks which are already in our port­fo­lio. Their posi­tion on our buy list might have changed since we rec­om­mend­ed them. Just start with the stocks rec­om­mend­ed after you become a mem­ber.
4. If one of the stocks we add breach­es one of our sell con­di­tions, we will sell it from our port­fo­lio and you’ll get an email advis­ing of the trade. Again, you can copy our trades, but seek finan­cial advice before mak­ing any deci­sions. And please check your Rule #1 price (see Trad­ing Guide­lines).

That’s it for today!

If we decide to buy or sell some­thing, we’ll let you know.

Got a ques­tion?
[email protected]