Eoin's personal portfolio: two investment positions sold May 25th 2023
Comment of the Day

May 25 2023

Commentary by Eoin Treacy

Eoin's personal portfolio: two investment positions sold May 25th 2023

Eoin Treacy's view

One of the questions subscribers ask most often is how to find details of my open trades. To make it easier I will simply repost the latest summary on a daily basis until there is a change.

I sold my position in the Global X Copper Miners ETF today at $35.08 today against my purchase on January 18th at $38.23. I don’t like the price action in the copper market and thought it was best to stand aside until there is greater visibility of a global economic recovery.

I bought an investment position in the DoubleLine Income Solutions Fund on November 10th at $11.485. Since then I have taken $0.746 in dividends. I sold it today at $11.15. The bonds the fund holds are mostly Latin American utilities but the downward pressure on mortgage bonds is weighing on performance. I like the strategy so I will look to buy back on further weakenss.

I increased by silver long today on May 19th paying $24.06 for another unit. That brings my average purchase price to $24.50. The first position purchased on April 5th at $24.94. My gold position was opened the same at in a June contract at $2037.1.

I re-opened my trading short in the Nasdaq-100 on March 22nd selling the June contract at 12841 including spread-bet dealing costs. 

I bought an investment position in the iShares 20+ year Treasury ETF (TLT) today at $108.525 on January 18th.

I bought the Global X Uranium Miners’ ETF at $21.08 on January 6th.

I also initiated an investment long in the Global X Silver Miners ETF paying $27.57 on November 10th.

I also increased my investment long in the VanEck Vectors Gold Miners ETF on the 4th paying $24.74 for another equal-sized position. My original position in the VanEck Vectors Gold Miners ETF was purchased on March 25th, 2020, at $20.12. I bought another unit at $35.79 on December 1st, 2020.

Back to top

You need to be logged in to comment.

New members registration