New Stocks: 2nd September 2024

 

Disclaimer - Read this first!

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.

I try to avoid stocks that are subject to takeover actions, are undertaking takeover actions or undertaking other corporate actions (share issues and the like).

I am not a financial adviser. Some of 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.

-----------------------

Long term wealth creation - background.

My own investments are held in a portfolio much like the Momo system as well as a slowly growing longer term holding similar to that outlined below.

As at 1st July 2024, our starting position was $300,000. The investment scenario is to have an active investing style and a long term buy and hold style.

• Monthly Momo - A momentum system aims to hold the top ten stocks in the ASX 200 when it is on and nothing outside the top ten when off.
• Long Term - A buy and hold strategy based on half in ASX index linked funds and half in a hedged global shares fund.  Any Dividends will be reinvested.  

The starting position for this blog allocated $100,000 to each of the three strategies

We will take these positions as if this was an Australian SMSF in pension phase.  That means profits are untaxed and franking credits get refunded.  I will use an interest rate of 1% p.a. on excess cash (min monthly balance) and make an annual deduction each Jan for Accounting and Audit Fees

--------------------

Monthly Momentum System.

System Status: On (as at 19th August 2024)

1. Only trades when the ASX200 is rising as defined by a weekly close above the 27 week WMA + 1%. The system turns off when the ASX100 falls below the 27 Week WMA
2. Buy the 10 highest momentum ASX 200 stocks in equal weights. Momentum is defined by the 12 Month (Measured using 52 week) ROC.
3. Re-Balancing date will be around the 15th of each month.
4. Stop Loss Rules.
   • System on - Sell any stock not in the top 15 at the middle of each month. Replace with the best performing stock not currently held.
   • System off - Sell Any stock not in the top 8 when the system turns off and any not in the top ten on any week end. No Buying.

Opening Stock Trades.

• Stocks will only be added if  they were to be added to a continuing portfolio. 

Closing Stock Trades.

• None.

--------------------

Long Term.

System Status: ON (as at 1st July 2024) This system is always on. 

1. Only holds AFI, ARG and VAS for the ASX and HGBL for the Hedged global funs
2. Holdings are set up for 100% dividend re-investment

Opening Stock Trades.

• None

Franking Acct.

The franking account currently has a balance of $661.45 which I am giving a receipt date of 30 Dec 25 (6 months after close of F25 financial year)

--------------------

Chart(s) / Picture(s) of the Week

Current Trades

None.

AFI dividend converted to 92 shares at $7.26 with $7.05 going to the dividend account

ARG has $693.36 to convert on 13th Sep

Closed Trades Last Week.

None.

Portfolio(s).

Further Information

Disclosure - Personal Interests: AFI, ARG, HGBL, 360, DYL, EMR, GMG, HUB, PDN, PME, RED.

All stock charts courtesy of www.incredibleCharts.com

I do not receive any benefit from promoting Nick Radge,  Dave Landry, Incredible Charts or anything else.

Stocks: 2nd September 2024

 

1 July 2024 - Finishing This this Set up.

This blog has been running relatively unchanged for around 4 1/2 years.

Many trading systems can have periods of three years before they are definitely profitable of ten because the losers come out first and sometimes because they had an unfavorable starting date.  While this blog has run all this time it is barely ahead and, at the same time, my own situation has altered as has my thinking.  

I will replace this blog with a different setup more aligned with my current actual positions in that I don't trade the Easy system any more (Probably great in a screaming bull market but high trade frequency and some ordinary returns in a flat/ bear market). Instead I am looking for less trading activity and more investing type activity so I am concentrating on an ASX tracking fund, a global shares tracking fund and the momentum system.

All the remaining positions will be monitored until they close as per the system rules.  Proceeds will be invested in VAS.

Disclaimer - Read this first!

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.

I try to avoid stocks that are subject to takeover actions, are undertaking takeover actions or undertaking other corporate actions (share issues and the like).

I am not a financial adviser. Some of 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.

-----------------------

Long term wealth creation - background.

My own investments are held in a portfolio much like the Momo system as well as a slowly growing longer term holding similar to that outlined below.

Our starting position was $200,000. The investment scenario is to have two quite different active investing styles that feed a long term buy and hold style.

• Easy System - A trend following system on the ASX 300 using weekly charts and trailing stops.
• Monthly Momo - A momentum system aims to hold the top ten stocks in the ASX 200 when it is on and nothing outside the top ten when off.
• Long Term - A buy and hold strategy based on index linked funds fed by dividend re-investment of the index funds themselves and the stocks in the above two systems.

The starting position for this blog allocated $95,000 to each of the first two strategies and $10,000 to the long term

--------------------

Easy Share Trading System.

System Status: On (as at 24th June 2024)

System details.

These trades are based on Peter Castle's 'Easy share trading system' with a few of my own tweaks. On his web site he kindly provides quite a few details on how his system works and a list of trade entry's each week which I will be using to run these trades here.

Peter also has an e-book with much more detail and explanation of his system and trading in general. I have recently read the book and encourage you to do so if you for a full explanation of the system.  It would be unfair of me to exactly replicate that information here so I will continue using the method I had before I read the book.

1. Only trade the Top 300 shares on the ASX. Only open positions when the system is on.
2. Select stocks priced between 10 cents and 25 dollars - theoretical price leverage.
3. Buy the cheapest stock(s) on Peters 52 week high page assuming he continues listing them, Alternatively, buy the cheapest stock(s) in the ASX 300 making a 1 year high. For example: Friday's close is higher than last Friday's 50 week upper Donchian Channel That's the buy signal. The aim is to have approximately 10 stocks. 
4. Sell any stock if the EMA 7 falls below the EMA 12
5. When the system turns off take stop losses as they occur and don't replace anything until the system turns on again.
6. If the system is on re-employ that money into further stock(s) using the same rules as 1 to 4.
7. Any purchase should have a minimum $500,000 a day turnover (for my trading size).
8. Use XAO_AX Weekly EMA 12 as an on off switch. This should smooth the equity curve even though it will probably also reduce returns a little.

Opening Stock Trades.

• None.

Closing Stock Trades.

• None.

-------------------

Monthly Momentum System.

System Status: On (as at 13th May 2024)

1. Only trades when the ASX200 is rising as defined by a weekly close above the 27 week WMA + 1%. The system turns off when the ASX100 falls below the 27 Week WMA
2. Buy the 10 highest momentum ASX 200 stocks in equal weights. Momentum is defined by the 12 Month (Measured using 52 week) ROC.
3. Re-Balancing date will be around the 15th of each month.
4. Stop Loss Rules.
   • System on - Sell any stock not in the top 15 at the middle of each month. Replace with the best performing stock not currently held.
   • System off - Sell Any stock not in the top 8 when the system turns off and any not in the top ten on any week end. No Buying

Opening Stock Trades.

• None.

Closing Stock Trades.

• None.

--------------------

Long Term.

System Status: ON (as at 1st Sep 2019) This system is always on. 

1. Only holds Index linked funds
2. All proceeds from closing down the Easy and Momo system are reinvested in VAS
3. AFI, ARG and VAS holdings are set up for 100% dividend re-investment

Opening Stock Trades.

• None.

The AFI dividend reinvestment bought 43 new shares @ $7.26.  The reinvestment account had $7.02 and is now $2.68

ARG has $258.66 to be converted on 13th Sept

--------------------

Chart(s) / Picture(s) of the Week

Current Trades

None.

Closed Trades Last Week.

Portfolio(s).

Further Information

Disclosure - Personal Interests: AFI, ARG, HGBL, 360, DYL, EMR, GMG, HUB, PDN, PME, RED.

All stock charts courtesy of www.incredibleCharts.com

I do not receive any benefit from promoting Nick Radge, Peter Castle, Dave Landry, Incredible Charts or anything else.

For more information on the Easy Share Trading System see http://www.easysharetradingsystems.com.au/objective-and-planing/i-know-what-you-want

New Stocks: 26th August 2024

 

Disclaimer - Read this first!

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.

I try to avoid stocks that are subject to takeover actions, are undertaking takeover actions or undertaking other corporate actions (share issues and the like).

I am not a financial adviser. Some of 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.

-----------------------

Long term wealth creation - background.

My own investments are held in a portfolio much like the Momo system as well as a slowly growing longer term holding similar to that outlined below.

As at 1st July 2024, our starting position was $300,000. The investment scenario is to have an active investing style and a long term buy and hold style.

• Monthly Momo - A momentum system aims to hold the top ten stocks in the ASX 200 when it is on and nothing outside the top ten when off.
• Long Term - A buy and hold strategy based on half in ASX index linked funds and half in a hedged global shares fund.  Any Dividends will be reinvested.  

The starting position for this blog allocated $100,000 to each of the three strategies

We will take these positions as if this was an Australian SMSF in pension phase.  That means profits are untaxed and franking credits get refunded.  I will use an interest rate of 1% p.a. on excess cash (min monthly balance) and make an annual deduction each Jan for Accounting and Audit Fees

--------------------

Monthly Momentum System.

System Status: On (as at 19th August 2024)

1. Only trades when the ASX200 is rising as defined by a weekly close above the 27 week WMA + 1%. The system turns off when the ASX100 falls below the 27 Week WMA
2. Buy the 10 highest momentum ASX 200 stocks in equal weights. Momentum is defined by the 12 Month (Measured using 52 week) ROC.
3. Re-Balancing date will be around the 15th of each month.
4. Stop Loss Rules.
   • System on - Sell any stock not in the top 15 at the middle of each month. Replace with the best performing stock not currently held.
   • System off - Sell Any stock not in the top 8 when the system turns off and any not in the top ten on any week end. No Buying.

Opening Stock Trades.

• Stocks will only be added if  they were to be added to a continuing portfolio. 

Closing Stock Trades.

• None.

--------------------

Long Term.

System Status: ON (as at 1st July 2024) This system is always on. 

1. Only holds AFI, ARG and VAS for the ASX and HGBL for the Hedged global funs
2. Holdings are set up for 100% dividend re-investment

Opening Stock Trades.

• None

--------------------

Chart(s) / Picture(s) of the Week

Current Trades

None.

Closed Trades Last Week.

None.

Portfolio(s).

Further Information

Disclosure - Personal Interests: AFI, ARG, HGBL, 360, DYL, EMR, GMG, HUB, PDN, PME, RED.

All stock charts courtesy of www.incredibleCharts.com

I do not receive any benefit from promoting Nick Radge,  Dave Landry, Incredible Charts or anything else.

Stocks: 26th August 2024

 

1 July 2024 - Finishing This this Set up.

This blog has been running relatively unchanged for around 4 1/2 years.

Many trading systems can have periods of three years before they are definitely profitable of ten because the losers come out first and sometimes because they had an unfavorable starting date.  While this blog has run all this time it is barely ahead and, at the same time, my own situation has altered as has my thinking.  

I will replace this blog with a different setup more aligned with my current actual positions in that I don't trade the Easy system any more (Probably great in a screaming bull market but high trade frequency and some ordinary returns in a flat/ bear market). Instead I am looking for less trading activity and more investing type activity so I am concentrating on an ASX tracking fund, a global shares tracking fund and the momentum system.

All the remaining positions will be monitored until they close as per the system rules.  Proceeds will be invested in VAS.

Disclaimer - Read this first!

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.

I try to avoid stocks that are subject to takeover actions, are undertaking takeover actions or undertaking other corporate actions (share issues and the like).

I am not a financial adviser. Some of 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.

-----------------------

Long term wealth creation - background.

My own investments are held in a portfolio much like the Momo system as well as a slowly growing longer term holding similar to that outlined below.

Our starting position was $200,000. The investment scenario is to have two quite different active investing styles that feed a long term buy and hold style.

• Easy System - A trend following system on the ASX 300 using weekly charts and trailing stops.
• Monthly Momo - A momentum system aims to hold the top ten stocks in the ASX 200 when it is on and nothing outside the top ten when off.
• Long Term - A buy and hold strategy based on index linked funds fed by dividend re-investment of the index funds themselves and the stocks in the above two systems.

The starting position for this blog allocated $95,000 to each of the first two strategies and $10,000 to the long term

--------------------

Easy Share Trading System.

System Status: On (as at 24th June 2024)

System details.

These trades are based on Peter Castle's 'Easy share trading system' with a few of my own tweaks. On his web site he kindly provides quite a few details on how his system works and a list of trade entry's each week which I will be using to run these trades here.

Peter also has an e-book with much more detail and explanation of his system and trading in general. I have recently read the book and encourage you to do so if you for a full explanation of the system.  It would be unfair of me to exactly replicate that information here so I will continue using the method I had before I read the book.

1. Only trade the Top 300 shares on the ASX. Only open positions when the system is on.
2. Select stocks priced between 10 cents and 25 dollars - theoretical price leverage.
3. Buy the cheapest stock(s) on Peters 52 week high page assuming he continues listing them, Alternatively, buy the cheapest stock(s) in the ASX 300 making a 1 year high. For example: Friday's close is higher than last Friday's 50 week upper Donchian Channel That's the buy signal. The aim is to have approximately 10 stocks. 
4. Sell any stock if the EMA 7 falls below the EMA 12
5. When the system turns off take stop losses as they occur and don't replace anything until the system turns on again.
6. If the system is on re-employ that money into further stock(s) using the same rules as 1 to 4.
7. Any purchase should have a minimum $500,000 a day turnover (for my trading size).
8. Use XAO_AX Weekly EMA 12 as an on off switch. This should smooth the equity curve even though it will probably also reduce returns a little.

Opening Stock Trades.

• None.

Closing Stock Trades.

• COE, ORG.

-------------------

Monthly Momentum System.

1. Only trades when the ASX200 is rising as defined by a weekly close above the 27 week WMA + 1%. The system turns off when the ASX100 falls below the 27 Week WMA
2. Buy the 10 highest momentum ASX 200 stocks in equal weights. Momentum is defined by the 12 Month (Measured using 52 week) ROC.
3. Re-Balancing date will be around the 15th of each month.
4. Stop Loss Rules.
   • System on - Sell any stock not in the top 15 at the middle of each month. Replace with the best performing stock not currently held.
   • System off - Sell Any stock not in the top 8 when the system turns off and any not in the top ten on any week end. No Buying

Opening Stock Trades.

• None.

Closing Stock Trades.

• None.

--------------------

Long Term.

System Status: ON (as at 1st Sep 2019) This system is always on. 

1. Only holds Index linked funds
2. All proceeds from closing down the Easy and Momo system are reinvested in VAS
3. AFI, ARG and VAS holdings are set up for 100% dividend re-investment

Opening Stock Trades.

• None.

--------------------

Chart(s) / Picture(s) of the Week

Current Trades

None.

Closed Trades Last Week.

Portfolio(s).

Further Information

Disclosure - Personal Interests: AFI, ARG, HGBL, 360, DYL, EMR, GMG, HUB, PDN, PME, RED.

All stock charts courtesy of www.incredibleCharts.com

I do not receive any benefit from promoting Nick Radge, Peter Castle, Dave Landry, Incredible Charts or anything else.

For more information on the Easy Share Trading System see http://www.easysharetradingsystems.com.au/objective-and-planing/i-know-what-you-want

New Stocks: 19th August 2024

 

Disclaimer - Read this first!

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.

I try to avoid stocks that are subject to takeover actions, are undertaking takeover actions or undertaking other corporate actions (share issues and the like).

I am not a financial adviser. Some of 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.

-----------------------

Long term wealth creation - background.

My own investments are held in a portfolio much like the Momo system as well as a slowly growing longer term holding similar to that outlined below.

As at 1st July 2024, our starting position was $300,000. The investment scenario is to have an active investing style and a long term buy and hold style.

• Monthly Momo - A momentum system aims to hold the top ten stocks in the ASX 200 when it is on and nothing outside the top ten when off.
• Long Term - A buy and hold strategy based on half in ASX index linked funds and half in a hedged global shares fund.  Any Dividends will be reinvested.  

The starting position for this blog allocated $100,000 to each of the three strategies

We will take these positions as if this was an Australian SMSF in pension phase.  That means profits are untaxed and franking credits get refunded.  I will use an interest rate of 1% p.a. on excess cash (min monthly balance) and make an annual deduction each Jan for Accounting and Audit Fees

--------------------

Monthly Momentum System.

System Status: On (as at 19th August 2024)

1. Only trades when the ASX200 is rising as defined by a weekly close above the 27 week WMA + 1%. The system turns off when the ASX100 falls below the 27 Week WMA
2. Buy the 10 highest momentum ASX 200 stocks in equal weights. Momentum is defined by the 12 Month (Measured using 52 week) ROC.
3. Re-Balancing date will be around the 15th of each month.
4. Stop Loss Rules.
   • System on - Sell any stock not in the top 15 at the middle of each month. Replace with the best performing stock not currently held.
   • System off - Sell Any stock not in the top 8 when the system turns off and any not in the top ten on any week end. No Buying.

Opening Stock Trades.

• Stocks will only be added if  they were to be added to a continuing portfolio. 

Closing Stock Trades.

• RED, DYL. GMG.

--------------------

Long Term.

System Status: ON (as at 1st July 2024) This system is always on. 

1. Only holds AFI, ARG and VAS for the ASX and HGBL for the Hedged global funs
2. Holdings are set up for 100% dividend re-investment

Opening Stock Trades.

• None

AFI ex div 0.145 on 14th Aug - $674.95 will be converted to shares on 30th AUG

ARG ex div 0.18 on 16th Aug - $693.36 will be converted to shares on 13th Sep

--------------------

Chart(s) / Picture(s) of the Week

Current Trades

None.

Closed Trades Last Week.

None.

Portfolio(s).

Further Information

Disclosure - Personal Interests: AFI, ARG, HGBL, 360, EMR, HUB, PDN, PME.

All stock charts courtesy of www.incredibleCharts.com

I do not receive any benefit from promoting Nick Radge,  Dave Landry, Incredible Charts or anything else.

Stocks: 19th July 2024

 

1 July 2024 - Finishing This this Set up.

This blog has been running relatively unchanged for around 4 1/2 years.

Many trading systems can have periods of three years before they are definitely profitable of ten because the losers come out first and sometimes because they had an unfavorable starting date.  While this blog has run all this time it is barely ahead and, at the same time, my own situation has altered as has my thinking.  

I will replace this blog with a different setup more aligned with my current actual positions in that I don't trade the Easy system any more (Probably great in a screaming bull market but high trade frequency and some ordinary returns in a flat/ bear market). Instead I am looking for less trading activity and more investing type activity so I am concentrating on an ASX tracking fund, a global shares tracking fund and the momentum system.

All the remaining positions will be monitored until they close as per the system rules.  Proceeds will be invested in VAS.

Disclaimer - Read this first!

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.

I try to avoid stocks that are subject to takeover actions, are undertaking takeover actions or undertaking other corporate actions (share issues and the like).

I am not a financial adviser. Some of 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.

-----------------------

Long term wealth creation - background.

My own investments are held in a portfolio much like the Momo system as well as a slowly growing longer term holding similar to that outlined below.

Our starting position was $200,000. The investment scenario is to have two quite different active investing styles that feed a long term buy and hold style.

• Easy System - A trend following system on the ASX 300 using weekly charts and trailing stops.
• Monthly Momo - A momentum system aims to hold the top ten stocks in the ASX 200 when it is on and nothing outside the top ten when off.
• Long Term - A buy and hold strategy based on index linked funds fed by dividend re-investment of the index funds themselves and the stocks in the above two systems.

The starting position for this blog allocated $95,000 to each of the first two strategies and $10,000 to the long term

--------------------

Easy Share Trading System.

System Status: On (as at 24th June 2024)

System details.

These trades are based on Peter Castle's 'Easy share trading system' with a few of my own tweaks. On his web site he kindly provides quite a few details on how his system works and a list of trade entry's each week which I will be using to run these trades here.

Peter also has an e-book with much more detail and explanation of his system and trading in general. I have recently read the book and encourage you to do so if you for a full explanation of the system.  It would be unfair of me to exactly replicate that information here so I will continue using the method I had before I read the book.

1. Only trade the Top 300 shares on the ASX. Only open positions when the system is on.
2. Select stocks priced between 10 cents and 25 dollars - theoretical price leverage.
3. Buy the cheapest stock(s) on Peters 52 week high page assuming he continues listing them, Alternatively, buy the cheapest stock(s) in the ASX 300 making a 1 year high. For example: Friday's close is higher than last Friday's 50 week upper Donchian Channel That's the buy signal. The aim is to have approximately 10 stocks. 
4. Sell any stock if the EMA 7 falls below the EMA 12
5. When the system turns off take stop losses as they occur and don't replace anything until the system turns on again.
6. If the system is on re-employ that money into further stock(s) using the same rules as 1 to 4.
7. Any purchase should have a minimum $500,000 a day turnover (for my trading size).
8. Use XAO_AX Weekly EMA 12 as an on off switch. This should smooth the equity curve even though it will probably also reduce returns a little.

Opening Stock Trades.

• None.

Closing Stock Trades.

• None.

-------------------

Monthly Momentum System.

System Status: On (as at 19th July 2024)

1. Only trades when the ASX200 is rising as defined by a weekly close above the 27 week WMA + 1%. The system turns off when the ASX100 falls below the 27 Week WMA
2. Buy the 10 highest momentum ASX 200 stocks in equal weights. Momentum is defined by the 12 Month (Measured using 52 week) ROC.
3. Re-Balancing date will be around the 15th of each month.
4. Stop Loss Rules.
   • System on - Sell any stock not in the top 15 at the middle of each month. Replace with the best performing stock not currently held.
   • System off - Sell Any stock not in the top 8 when the system turns off and any not in the top ten on any week end. No Buying

Opening Stock Trades.

• None.

Closing Stock Trades.

• None.

--------------------

Long Term.

System Status: ON (as at 1st Sep 2019) This system is always on. 

Next buying window 1st August 2024, next buy is ARG

1. Only holds Index linked funds
2. At the start of each quarter sum the dividends received in the easy and Momo system and buy alternatively AFI or ARG.
3. Minimum buy is $1,300
4. AFI, ARG and VAS holdings are set up for 100% dividend re-investment

Opening Stock Trades.

• None.

--------------------

Chart(s) / Picture(s) of the Week

Current Trades

None.

Closed Trades Last Week.

Portfolio(s).

Further Information

Disclosure - Personal Interests: AFI, ARG, HGBL, 360, EMR, HUB, PDN, PME.

All stock charts courtesy of www.incredibleCharts.com

I do not receive any benefit from promoting Nick Radge, Peter Castle, Dave Landry, Incredible Charts or anything else.

For more information on the Easy Share Trading System see http://www.easysharetradingsystems.com.au/objective-and-planing/i-know-what-you-want