QAV Light Weekly Update #96

Hel­lo QAV Light Brigade

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

Here’s the AORD chart for the last week. It’s been smooth sail­ing. 

As we’ve got noth­ing to sell and we’re ful­ly invest­ed, there’s noth­ing else to report today. If some­thing changes dur­ing the week I’ll let you know. If you’re a new mem­ber and aren’t yet ful­ly invest­ed, rest assured that I’ll pro­vide you with some options by the end of the week if we haven’t already had to buy some­thing before then.

I will share this with you though. This is a week­ly report I’ve been prepar­ing for our Club mem­bers for the last few months. It shows the num­bers of Buys, Sells and Josephines (our term for stocks that are tech­ni­cal­ly a Buy but are cur­rent­ly trend­ing down­wards). We’ve been using this as an indi­ca­tor of the rel­a­tive strength of the mar­ket from a QAV per­spec­tive. A per­fect storm would be a mar­ket with a grow­ing num­ber of Buys and a decreas­ing num­ber of Sells and Josephines. On the con­trary, if we have the Buy options decreas­ing, while Sells and Josephines are grow­ing, we know the mar­ket is strug­gling. Of course, we just keep fol­low­ing our rules, irre­gard­less of where the mar­ket is at, but it’s inter­est­ing, nonethe­less, to have a per­spec­tive of where the mar­ket is at. 

FREE WEBINAR

I’ll do anoth­er one in a few weeks. 

BUYS

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:

ALD ANZ PRN DTL EHE FHE FPR MMS PRU QBE RMS SSM SUL VUK WAM WGX

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).
5. If you have any ques­tions about our ter­mi­nol­o­gy (eg “3PTL”, “Rule 1”, “Pos­si­bles”, etc), please first refer to our QAV Ter­mi­nol­o­gy page, and if you have fur­ther ques­tions, just email Cameron.

That’s it for today!

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

Got a ques­tion?
[email protected]