The Market Matters Flagship Growth Portfolio provides an active approach to investing in ASX listed large cap stocks – Click here to view
Since our last update on the 22nd December the portfolio has increased +2.19% inclusive of weakness this week which saw the portfolio slip by 2.04%, at least managing to outperform the market which slipped 2.7%, our cash remains at just 1% i.e. were still long and bullish. We suffered at the hands of our tech holdings this week which should come as no surprise considering the global moves e.g. Xero (XRO) -13.83%, Appen (APX) -12.12% and Altium (ALU) -11.34%. Conversely we enjoyed strong performances from our resources stocks such as Fortescue Metals (FMG) +6.4%, Whitehaven Coal (WHC) +3.99% and BHP Group (BHP) +5.36%.
As we commence a fresh year we have reverted back to our more traditional format for this report where we focus on one stock we are considering buying / selling over the weeks ahead.
