Swing Portfolio 01/06/2024

Unfortunately, I was not able to update my Portfolio in real time but this week wasn’t much active.

ZIM closed for a 9% gain and PDD more or less 25%, unfortunately, I was more or less bearish all week and I wasn’t able to hold those positions any longer. Friday’s reversal shows that the market is resilient right now, we need to trade what charts are telling us.

Opened only one position on 30/05, I will also show the broker statement for transparency.

CVX (Chevron Corp.): From a technical view the stock bounced 3 times in a month on the 157 level, broke the down trendline on 28 May and this weekend OPEC will probably speak about an oil cut to let the oil price stay above 80$/barrel. The stock has a very low ADR so I played it with July 160 calls instead of buying equity.

• CVX

• CVX_calls

L'articolo Swing Portfolio 01/06/2024 proviene da GB Capital | A Deep Dive into Financial Markets.