More turbulence in global markets in the last 24 hours and we have a few stocks to sell today, mostly as a result of falling commodity prices.

 

SELLS

1. NHC

Thermal coal is a sell so we will sell off any stocks involved in thermal coal. Luckily, the only one we hold is NHC.


 

2. S32

Aluminium is a also a sell, so we’re selling ourholding in S32, as 50% of its revenues come from aluminium, and another 20% of its revenue comes from manganese, which is a josephine. So 70% of its revenue comes from commodities that are either a sell or declining.

 

3. GNC

GNC has fallen more than 10% below our buy price and is a Rule #1 sell. Wheat, its underlying commodity, is also a Josephine, so it isn’t surprising. 

 

BUYS

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

CURRENT HOLDINGS

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:

BSL CGF FHE GRR HLI IGL JHG MQG NHC NWH OML QAN QBE RMS RRL SGM SMR WAM

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