Alpha Portfolio Recommendation: Relative Value Play – BUY GEAR & BBUS
with the ASX200 underperforming the S&P 500 by the most in 18 months we are recommending a BUY of the leveraged long ASX200 and a short in the S&P500
December 2023
Alpha Portfolio Recommendation: TRIM (Take Profit) – Judo Capital Holdings (JDO)
A quick 10% rally in just 6 session may see JDO run out of steam around $1
There are no imminent company announcements to trigger a catalyst for a significant jump from here.
We think it is prudent to bank a 10-15% profit on half and either re-enter under 90c or continue running the 10% trailing stop
Balanced Portfolio Recommendation: Switch STO to YAL
Despite the geopolitical pressure, the Timor approval and WDS merger talk, STO has struggled to fund a bid. Conversely, the recent coal import numbers from China showed a 35% increase in coal imports
Traders vs Titans – the $2.8 billion lithium bet
It’s a good old-fashioned showdown in the lithium sector currently, with mining magnates in one corner and traders in the other
Balanced Portfolio Recommendation: Trim Take Profit – CSL Ltd (CSL)
CSL continues to rally @ $281. Original position was 8% allocation. Today trim another 2% to take down to 4% allocation.
Alpha Portfolio Recommendation: Take Profit – Liontown (LTR)
LTR buy rec @ $1.33 has hit profit target @ $1.61 today
Balanced Portfolio Recommendations: Buy Telix Phama(TLX)
Add Telix Pharma (TLX) in our balanced portfolio, capitalizing on Telix’s innovative cancer treatment advancements and market potential.
Alpha Portfolio Recommendation: Buy – Red 5 (RED)
RED 5 Limited is an Australia-based gold producer with established mines located in the Eastern Goldfields of Western Australia. The Company owns and operates the King of the Hills (KOTH) Gold Project
Balanced Portfolio Recommendation: Trim Short Nasdaq (SNAS)
The Nasdaq hedge is unlikely to work over the short-term as the thesis of the rate hiking cycle being finished, combined with the 70% occurrence of a “Christmas Rally”
Alpha Portfolio Recommendation: Buy – Judo Capital Holdings (JDO)
A bounce in the Lithium spot price after a dramatic year long fall should see Liontown bounce back towards it $3 takeover bid price
Balanced Portfolio Recommendation: Buy Pilbara Minerals Ltd (PLS)
Investing 1% of our portfolio allocation in PLS presents a compelling opportunity. PLS stands as the most shorted stock on the ASX, with a substantial 20.45% short interest. This indicates potential for a short squeeze, which could lead to a rapid price increase.
Balanced Portfolio Recommendation: Buy Uranium URNM ETF
URNM provides exposure to leading global companies involved in the mining, exploration, development and production of uranium, modern nuclear energy, or that hold physical uranium or uranium royalties