Update: Pushing the record
December 5th 2006 13:49
The past two days have been a roller coaster ride for the market as the ASX S&P 200 benchmark index shaved 3 points on Monday and then regained 1.6 points higher on Tuesday closing to 5426.5 points, pushed by the resource and media stocks. But it was not so for the Benkaiser.NET Investment Portal's very own portfolio.
In contrast, the Portfolio 1.5 - EW*, formed in August based on a "fundemental technicality" factor, conditioned on market capitilisation and volume traded, climbed up for two consecutive days. As of Tuesday's closing, the portfolio return stands at 39.8%, 0.2% shy away from the 40% level mark, or 1.67% from Monday's closing of 38.13%. It rose a total of 5.38% since Friday.
Profits after first round of transaction costs at $30 per trade, stands at $15,833, a gain of $704 from Monday's $15,129, and total value of the portfolio is at $58,880.
As it is now not impossible for the portfolio to reach the 40% return level mark, the question of the psychological benchmark of 50% could be broken or not remains to be seen. Perhaps, the 50% could be a X'mas present, if it does happen.
*Disclosure
NOT SPECIFIC INVESTMENT ADVICE
This information has been prepared for distribution over the internet and without taking into account the investment objectives, financial situation and particular needs of any particular person.
The blogger makes no recommendations as to the merits of any investment opportunity referred to in its website. It is advisable to obtain specific investment advice before making anyinvestment decisions relying on the information provided. While the information available in this publication is obtained from sources believed to be reliable, the blogger gives no assurances or guarantees that the information is accurate, complete or current.
The information is provided for informational purposes only and not intended to constitute legal, financial or professional advice. It has no regard to the investment objectives or circumstances (financial or otherwise) of particular recipients, and is not an exhaustive outline of available investment opportunities.
Appropriate professional advice should be obtained prior to acting on any information contained in this publication. The blogger will not be liable for any loss or damage incurred by any person directly or indirectly as a result of reliance on the information contained in this publication.
PAST RESULTS
Any past results shown or mentioned in any of our reports or web pages do not guarantee future performance.
ACCURACY OF DATA
Whilst all information on this site is believed to be accurate, we take no responsibility and give no assurances that it is accurate. We advise that you to double check any
data before acting upon this information.
In contrast, the Portfolio 1.5 - EW*, formed in August based on a "fundemental technicality" factor, conditioned on market capitilisation and volume traded, climbed up for two consecutive days. As of Tuesday's closing, the portfolio return stands at 39.8%, 0.2% shy away from the 40% level mark, or 1.67% from Monday's closing of 38.13%. It rose a total of 5.38% since Friday.
Profits after first round of transaction costs at $30 per trade, stands at $15,833, a gain of $704 from Monday's $15,129, and total value of the portfolio is at $58,880.
The winner stocks are highlighted in yellow.
*Disclosure
NOT SPECIFIC INVESTMENT ADVICE
This information has been prepared for distribution over the internet and without taking into account the investment objectives, financial situation and particular needs of any particular person.
The blogger makes no recommendations as to the merits of any investment opportunity referred to in its website. It is advisable to obtain specific investment advice before making anyinvestment decisions relying on the information provided. While the information available in this publication is obtained from sources believed to be reliable, the blogger gives no assurances or guarantees that the information is accurate, complete or current.
The information is provided for informational purposes only and not intended to constitute legal, financial or professional advice. It has no regard to the investment objectives or circumstances (financial or otherwise) of particular recipients, and is not an exhaustive outline of available investment opportunities.
Appropriate professional advice should be obtained prior to acting on any information contained in this publication. The blogger will not be liable for any loss or damage incurred by any person directly or indirectly as a result of reliance on the information contained in this publication.
PAST RESULTS
Any past results shown or mentioned in any of our reports or web pages do not guarantee future performance.
ACCURACY OF DATA
Whilst all information on this site is believed to be accurate, we take no responsibility and give no assurances that it is accurate. We advise that you to double check any
data before acting upon this information.
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