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 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 Here. New ideas and changes to positions/stops and orders are posted on the MM Site as they unfold.
We start the week with two positions:
- Long Treasury Wine Estates Ltd (TWE) at $4.50 with stops at $4.24, around 6% risk.
- Long Xero (XRO) at $76.50 with stops at $73.00, around 5% risk.
NB Our bid for the SEMI ETF last week proved too fussy – this has now been cancelled.
