Eoin Treacy's view

One of the most commonly asked questions by subscribers is how to find details of my open traders. To make it easier I will simply repost the latest summary daily until there is a change.

I took the profit on my two long positions in the Dow Jones Industrials Average today. I sold both at 34640 against my purchases on July 8th at 34340 and June 23rd at 33,796. Today’s small downside key reversal on the Dow Jones and the knock-on effect of the peak in semiconductor stocks were the primary influences for this decision.

My platinum longs were purchased $1072 and $885. I also continue to hold my silver trading position, initiated at $23.7. I will buy more if the current reaction deepens.

I increased my gold position on December 17th buying another unit at $1818.6 and continue to hold my original purchase which was opened at $1879.2.

I still have bids in the market below prevailing prices in gold and silver and will leave them in place to take advantage of any possible additional volatility.  These are leveraged trading positions rather than medium to long-term investments.

Among my investments, my original position in the VanEck Vectors Gold Miners ETF was purchased on March 25th at $20.12. I bought another unit at $35.79 on December 1st. I continue to shop for opportunities in the gold sector.

My two investment positions in Rolls Royce were purchased at 154.75 and 105p respectively. I also took up the rights issue which has resulted in an average purchase price of 54.63p. Rolls Royce has not participated in the stock market rebound of late and continues to form a first step above the Type-2 base formation.