Markets stayed in watch mode on Friday until the G20 proceedings played through to a truce announced on US-China trade. I did the same. Trade action limited to options expiry, dividend reinvestment and reversal trading in cryptocurrency through the pullback. Short update too as I head off on holiday - will keep updates short as I do not have access to my accounting software.
Portfolio News
Market Rally
Truce from G20 sends markets soaring after a sit and watch Friday.
Bonds are somewhat subdued with early trade showing only a 2 basis points rise on the US 10 year.
Bought
Aegon NV (AGN.AS): Dutch/US Insurance. Dividend reinvestment.
Expiring Options
Ford Motor Company (F): US Automotive. Jun 28 strike 10.5 call options expired with price closing at $10.23. This was a CNBC Options Action idea which got sunk by the Mexico tariffs debacle. Market never got time to get into stride after those tariffs did not happen.
Income Trades
2 new covered calls written on Viacom (VIAB) and Kraft Heinz (KHC) both with 10% safety margin
Cryptocurency
Bitcoin (BTCUSD): Two trades closed for $198.56 (1.7%) and $569.95 (5.1%) per contract profit. One contract replaced on one hour reversal when IG Markets reopened and one other trade on Friday reversal (chart below). They close a few hours on Saturday.
Ripple (XRPUSD): Small contract (1/3 size) opened on one hour reversal when IG Markets reopened
CryptoBots
Profit Trailer Bot Four closed trades (1.95% profit) bringing the position on the account to 9.24% profit (was 9.10%) (not accounting for open trades).
PT Defender continues defending 11 coins.
New Trading Bot Trading out using Crypto Prophecy. No closed trades
Currency Trades
Outsourced MAM account Actions to Wealth closed out 1 trades on USDJPY for 0.01% losses for the day. No trades open
Cautions: This is not financial advice. You need to consider your own financial position and take your own advice before you follow any of my ideas
Images: I own the rights to use and edit the Buy Sell image. News headlines come from Google Search. All other images are created using my various trading and charting platforms. They are all my own work
Tickers: I monitor my portfolios using Yahoo Finance. The ticker symbols used are Yahoo Finance tickers
Bitcoin: Get started with mining Bitcoin for as little as $25 http://mymark.mx/Galaxy
Tracking: Keeping track of your crypto trades is a whole lot easier with CoinTracking.info. Get 10% off all your account upgrades https://mymark.mx/CoinTracking
June 28-30, 2019
Incredible to see the market volatility over the last nine months to be exactly where we were in the US!
Posted using Partiko iOS
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