QAV Light Weekly Update #124

Hap­py Mon­day!

I’m run­ning a bit late today because my brain was appar­ent­ly on low bat­tery when I ran my reports over the week­end, and I screwed the whole thing up, and had to re-run them today. Sor­ry about that. 

The mar­ket had a pret­ty good week last week… and then today hap­pened… “amid a sharp sell-off in the con­sumer dis­cre­tionary, health­care and mate­ri­als sec­tors.… fore­casts for the month­ly con­sumer price index indi­ca­tor to be released on Wednes­day sug­gest an accel­er­a­tion in the pace of annu­al infla­tion to 3.8 per cent in May, up from 3.6 per cent in April.” (AFR)

PORTFOLIO UPDATES

As a group, our four Light port­fo­lios were up 3% over the last week, even after today’s decline.

The biggest declines for the week were from NAM (down 6%), HLI (down 6%) and BIS (also down 6%). The biggest increas­es were from MYR (up 25%) and FND (up 16%).

SELLS

BUYS

Mean­while.… here’s some­thing to bright­en up your day. (NSFW Warn­ing: Con­tains swear­ing.)

CURRENT HOLDINGS

** 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:

AGL ANZ ASB FHE FPR GNC MMS PRU QBE RMS RSG SSM SUL WAM WGX GEM

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 come across any QAV ter­mi­nol­o­gy that you don’t under­stand (eg Rule 1, 3PTL, Pos­si­bles, etc), please review our ter­mi­nol­o­gy guide or just email us for clar­i­fi­ca­tion.

That’s it for today! 

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

Got a ques­tion? 
[email protected]