Market Calendar 12th Feb 2024 – 16th Feb 2024
Anticipating next week’s AU company earnings updates & economic figures. Stay informed on the latest financial updates and trends.
February 2024
Balanced Portfolio Recommendation: Switch PDN to URNM ETF
Given these dynamics, transitioning from Paladin Energy to the Uranium ETF (URNM) is recommended for those seeking to maintain exposure to the uranium sector while managing risk more effectively. URNM offers a diversified investment in uranium and nuclear energy stocks, thereby reducing the volatility associated with individual stock performances like Paladin’s. This move aligns with a strategy to capitalize on the thematic growth of the uranium sector while mitigating risk through diversification.
Traders Thoughts: 9th February – Fireside with Barry Sternlicht
Traders Thoughts: Fireside with Barry Sternlicht, Chairman & CEO, Starwood Capital Group
Balanced Portfolio Recommendation: Switch RMD & TLX to DRUG ETF
Switch RMD & TLX to DRUG ETF
Traders Thoughts: 8th February – Luke Gromen
Traders Thoughts: Luke maintains his view that ultimately the central banks will print. The path in between is the hard part to navigate
Balanced Portfolio Recommendation: Trim Take Profit – Elders (ELD)
For our trading strategy, we’re adjusting our position in Elders Limited (ELD) by reducing our allocation by 1% due to its recent impressive performance. Despite this adjustment, we will maintain a 2% allocation in ELD, recognizing the stock’s strong momentum. Additionally, the significant rainfall recently suggests the potential for continued positive performance, justifying our decision to retain a substantial investment in the company.
Balanced Portfolio Recommendation: Trim Take Profit – Graincorp (GNC)
GNC has gone parabolic. Time to trim – take profits on position. Reduce allocation by 1.5% down from 5.5% to 4%
Balanced Portfolio Recommendation: Buy Worley Limited (WOR)
Adding WOR to Balanced Portfolio with a 3% allocation. WOR is a global company headquartered in Australia is a global provider of professional project and asset services in the energy, chemicals and resources sectors. As a knowledge-based service provider, they use their knowledge and capabilities to support the customers to reduce their emissions and move towards a low carbon future.
Alpha Recommendation: Close Stanmore Resources (SMR)
Stanmore Resources (SMR) Stop Loss Hit – Close – Sell
Market Calendar 5th Feb 2024 – 9th Feb 2024
Anticipating next week’s AU company earnings updates & economic figures. Stay informed on the latest financial updates and trends.
Webinar: Mastering Risk Management
Led by Mark Gardner, our risk management specialist, this session is packed with actionable insights designed to help you stabilize your investment journey and navigate the markets with renewed confidence. From personal risk tolerance to strategic company and market risk assessments, you’re in for a comprehensive guide to tailoring your investment approach.