DON'T GO h00ts, page-48

The common theme to my stock portfolio is that they all above a rising 130-day and 200-day moving average. I also try to only buy stocks with a market cap between 1 and 15 billion dollars. I mostly avoid the ASX 50 stocks for this reason.

I generally know little or nothing about what a stock company does. For me it is all about numerical relationships on a price chart.

SDF, ILU, BAL, and ACX are currently the weakest in the portfolio. But these stocks can and do take off without warning. The large percentage up days are hard to predict. That is why market timing, and time in the market is key to success. Also, it can sometimes backfire by having too much exposure to the latest market darlings such as A2M, BAL, BKL, etc. The general idea is to isolate the strongest ASX sectors, and then narrow down the field to the strongest stocks in those sectors. For example, A2M, BAL, TWE in the consumer staples sector.

EVN (gold) is a shorter-term trade aiming to take advantage of a large trading range between ~ $2.20 to $2.70. It is also a partial hedge just in case the Korea situation flares up again.

My portfolio was up 2% today, while the XJO finished flat. The portfolio is up 10% over the last 4 weeks, but there is still room for tweaking it as time progresses.

(ACX_ALQ_ALU_ASL_A2M_BAL_BKL_BSL_BUB_CWY_EHE_EVN_ILU_SDF)