Hello QAV Light Brigade

It’s Monday and this is my weekly report. Welcome to all of our new subscribers! 

Today is apparently the “King’s Birthday” holiday and the market is closed. Thanks a lot, Mr King. I’m working anyway, so here’s my weekly update. 

Well it wasn’t a great week on the Aussie markets, despite the US market going into a bull market according to the AFR.

 

The one year chart of the AORD (below) shows what a one-step-forward, one-step-backward year it has been. Hardly any growth at all over the year.

 

But the two year chart is even worse. It’s actually negative.

 

 

While it’s tempting to just throw our hands in the air and get out of the market, we know from history that markets always turn around and you have to be in it to win it. It pays to take a long term view and stay disciplined.

 

It’s a good time to review our maxims!

 

The MAXIMS of QAV

 

 

On the positive side of things, tin has just become a commodity buy, so we have something to buy when the markets open again tomorrow.

SELLS

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

BUYS

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

 

 

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:

AFG CKF FHE FPR GNC IGL JHG KAR MQG QAN QBE RMS SGM VEA 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