Trade ideas are provided as a guide only. Market Matters is not investing in these ideas as we do our other suite of portfolios available . If trades are updated through the week, these updates will be advised in the morning note and will be flagged as an alert on the home page of the website. Separate emails or SMS messages will not be sent for Shawn’s Trade Ideas. The ideas are General in nature only.
- Existing positions plus new and past trades can be found on the MM website.
We have one open position at this stage after 2 were stopped out last week as equity markets reversed:
- Long NOVO Nordisk (NVO US) at $US50.50 with a profit stop at $US59.50 triggered last week.
- Long WEB Travel Group Ltd (WEB) at $4.68 with a stop at $4.55 triggered last week.
- Long Nickel Industries Ltd (NIC) at 94c with a stop at 87c – stop raised from last week.