Munger turns 99, Commodity updates, Portfolio updates, commodity status on buy list, Pulled Pork on VUK, Brent’s returns, TK’s new year resolutions, AMPs situation re Dexus, FMG exodus, buying stocks when their sell line is above the rule 1
Copper is a buy again, why VUK’s audit it NOT qualified, ASX CEO resigns, the impact of petrol prices, portfolio update, SGR has a qualified audit, NUF is the pulled pork, how to work with a stock you inherit, why we have no cut-off for low Quality scores, Tony’s average holding period, Andrew’s sliding Rule 1.
This week we discuss our EOFY result (48%); decide to sell VUK again; MYR and Solly Lew; SOTW is GRR; the Sell price for BCN; contrarian investor Michael O’Higgins’s ‘Dogs of the Dow’ strategy; Duncan and The Mystery of The Reducing Scores; the Copper and Coal commodity prices; the chart for SUL; how to understand IMA’s market depth report; Magellan’s intention to transition its High Conviction Trust listed investment company into an active exchange-traded fund; would apply 3PTL to a chart given the effect of a consolidation like for COG; and the sell lines for banks.
With the ASX in free fall, we talked about ATL’s sell line, selling VUK, some new stocks to hit my scorecard, including CLX, NGE, VTG and SHJ, Tony’s SOTW (KSC), comparing using MACD as a charting tool to the 3PTL, more thinking about how to use the new flatline rule, how to use indicators to pick a conservative stop loss, routines for maintaining a portfolio, and the Woolworths demerger.