My personal portfolio
A medium-term equity trade temporarily closed; another position increased; a stop triggered
This the third quarter during which I have been holding long positions in General Electric Company. While it has been a rollercoaster ride at times, GE has bounced back quickly since Nelson Peltz of Trian Fund became involved. Today, I sold my remaining long position in GE as a temporary precautionary measure because I think Wall Street and many other stock markets have commenced downward reactions following their rallies since the mid-February lows. If so, I will commence repurchasing GE on easing and probably remain involved while Nelson Peltz is also a shareholder.
I sold my long in GE’s June contract at $30.78 against my rollover purchase price at $30.3508 on 15th March.
I increased my Platinum futures long this morning, paying $954.9 on an overnight limit order for another July position. However, this evening, after the main trading hours, I was also stopped out of another position at $946.9 versus my purchase at $962.3 following yesterday’s roll forward into the July contract.
Prices above include all spread-bet dealing costs.
Back to top