MM has four long positions open at the moment, more than enough as the markets liquidity dries up into Christmas. We are raising our DMP stop below the low of the last 3-weeks:
- Long Domino’s Pizza (DMP) at $21.50 with stops at $21.90 – a profit stop.
Elsewhere we have three open positions:
- Long Sandfire Resources (SFR) at $15.20 with stops at $16.47 – a profit stop.
- Long Xero Ltd (XRO) at $111.00 with initial stops at $105.00 – 6% risk.
- Long Novo Nordisk (NOVO US) at $US50.50 with a stop loss at $US43.