Stocks : 29th June 2015

Disclaimer - Read this first!
I am not a financial adviser.  These are paper trades.  I am not suggesting you follow these signals.  If you take any action based on my blog you do so at your own risk.
This is not a signal service.  While endeavoring to post signals before time occasionally I will only be able to post signals a day or two late

 Disclosure - Personal Interests: APA, MMS,NSR, SPO, VTG

Opening Stock Trades

WETT = Off (As at 4 May 2015) - Take no new positions and ratchet up stops to protect portfolio

WETT **

Nil

 

Closing Stock Trades

WETT

Sell CNU and CSR on Mondays open
 CAJ closed last Monday

Chart(s) of the day

As this is a weekly Blog I am calling this the end of June.  The portfolio has been in defensive mode for practically two months and it's slowly reverting to cash (currently 62%).  This can be frustrating but we have to bear in mind that the first way to make money is to not blow away half of it in a market downturn.  

You can see all the June closed trades on the spreadsheet.  CNU and CSR will close Monday so the closing price is unknown at the moment but is there at Fridays end of day value.

All Stock charts courtesy of www.IncredibleCharts.com

** WETT Trades are closely aligned with the methodology described in 'The Weekend Trend Trader' by Nick Radge.  Buy his book if you wish to discover how I am generating these signals (note: I do not receive any benefit from promoting Nick Radge)