Still trying to work out if Au just a structural reaction to weakening DXY or an escalation of attack on the USD being the world’s default trading currency. If the 1
st probably wasted the opportunity if the 2
nd could get interesting, only hold 2 goldies atm and one of them is TUL so obviously the boys not among the forums top Au trading units.
Frustrating week, trading (not investing) in the garage's opinion all about transaction size & probability of outcome, had 2 set ups during the week TLX & PLS that in hindsight quite obvious. The garage took advantage of both but for some reason conviction lacking therefore dollars small, kicking myself.
Daughter had good week, she holds both AVH & TLX so ‘pip squeals’ greeted several openings during the week although did free carry AVH latter in the week, when a new CEO comes out with a message that chief financial guy is 'leaving' and results and guidance pending time to return to original exposure.
ASX seems to be enjoying a very rare ‘adult’ period, seeing itself independently of others particularly the DOW so our holds reflect a Cu,Ni theme along with the garages perennial S32.
Also the foodies beckoned and reentered GNC, NUF & CLV at local support (or so we hope)
Garage under siege from daughter and about 10 of her mates, the shared conclusion it's their last summer together before they all go their separate ways in life, overflow from main house has seen major perimeter breeches in the form of 3 temporary beds set up on the sacred ground of the garage itself, the lads appalled.
One outcome in having young females around is their lack of discipline concerning animals, the garage if nothing else is a trading unit and recognizes sector momentum, the boys trading hard. Frank developing a little pellet belly, the crew on the rail struggling to find wing under the sheer weight of almonds and the hound doing an uncanny impersonation of a ‘treat’ blackhole.
Even Lionel only about 3 weeks into life is trading hard and can’t believe his luck being born into a once in a generation bull market.
All jokes aside, this ends soon, building up dependency by overfeeding not doing anyone any favours, have told the crew return to rations soon as the girls leave but for now the bull run while mature still being optimized by a top tier ASX retail crew, the only conversation between the lads is 'when to sell'.
Another Chisel classic I'm afraid, BH, hound and I been on a chisel loop for about 6 mths just won't quit.
