QAV Light Weekly Update #116

Hap­py Mon­day!

Trans­lat­ed from Hin­di:

Chak-ghoom-ghoom, chak-ghoom-
ghoom chak-ghoom-ghoom, chak-ghoom-
ghoom… gait like a horse, tail like an ele­phant
O, King of Sawan, where did you come from?
Move­ment like a horse, tail like an ele­phant O king of
the mon­soon, where did you come from? Chak-
ghoom-ghoom, chak-ghoom-ghoom
Chak-ghoom-ghoom, chak-ghoom-ghoom

“Koi Lad­ki Hai” from the Bol­ly­wood film “Dil To Pagal Hai” that we were watch­ing last night — a typ­i­cal­ly bonkers Yash Chopra rom­com from the late 1990s star­ring SRK, the god of Indi­an cin­e­ma. I’m pret­ty sure “gait like a horse, tail like an ele­phant” is a sneaky ref­er­ence to the AORD chart below. If you look real­ly close­ly, you might be able to see a horse/elephant in the image. Some­times it charges ahead quick­ly like a horse, and oth­er times it just plods along like an ele­phant. Some­times it slides back­wards like… and ele­phant on a steep mud­dy slope. Stay in the anal­o­gy with me. Any­way, the point is… We just hold on and keep rid­ing… the horse/elephant (‘horsephant’?)

The AORD had a rough day last Fri­day, but this morn­ing it popped its head up like the ground­hog (“in a broad ral­ly after a strong lead from Wall Street… 
(which) ral­lied on Fri­day after strong earn­ings from Microsoft and Google par­ent Alpha­bet pushed the Nas­daq up more than 2 per cent…”),  and then start­ed bur­row­ing down again. 

PORTFOLIO UPDATES

As a group, our four Light port­fo­lios were down slight­ly again over the last week. 

SELLS

BUYS

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:

ADH ALD ANZ ASB FHE FPR GNC MMS PRU QBE RMS RRL 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]