Week 10 - Directionless

The market was rather volatile this week, although remained directionless (with an upward trend?). I put a few bids in during the week, unfortunately, despite the volatility, none got filled. For the week, my portfolio was up by about 1%, inline with the overall market, which wasn't not too bad, considering how under-invested I am. YTD, I am up by about 3%, compared to a flat or slightly down market. I remain slightly cautious and not too sure this correction has run its course yet.
Precious metals had a bad week, one of my holdings, ARU.TO got stopped out with a small profit. I was not ready to let it go, really, so I added back with a higher price. Although I am rather confident this one will eventually go up, way up (I am looking for at least a double here), the volatility is very difficult to take.
POSITION: LONG ARU.TO


0 Comments:
Post a Comment
<< Home