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

THIS CONTENT IS ONLY AVAILABLE TO QAV LIGHT AND CLUB SUBSCRIBERS.

 

BUYS

THIS CONTENT IS ONLY AVAILABLE TO QAV LIGHT AND CLUB SUBSCRIBERS.

 

** 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?
    info@qavpodcast.com.au