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 three open positions – stops have all been lifted after enjoying another strong week, although it was frustrating to see Cleanaway Waste soar more than 20% on M&A news shorty after we were stopped out.
- ASX Ltd (ASX) at $58.00 with stops at $63.90.
- Premier Investments (PMV) at $12.00 with stops at $13.50.
- Seek Ltd (SEK) at $11.85 with stops at $13.50.
NB All outstanding buy orders have been cancelled.
