My personal portfolio
Comment of the Day

November 27 2015

Commentary by David Fuller

My personal portfolio

Some trades rolled forward

David Fuller's view

My attempt to catch some recoveries from depressed commodity prices has not worked so far. I bought High Grade Copper, clearly too soon with hindsight, in the December contract at 24332.5 and 24240 on October 9th.  These expired at 20440 on 26th November and using automatic rollover, I simultaneously purchased March longs at 20502.  Similarly, I bought Silver, paying 1445.3 for the Dec contract on 11th Nov.  This expired at 1414.3 on 26 Nov and I simultaneously opened a long in Mar Silver at 1418.4.  The firm US Dollar has obviously not helped.  Lastly, I was long China H-Shares via the Nov contract purchased at 10598.6 on 29th Oct and 10215 on 16th Nov.  These expired at 10137 on 27 Nov and I simultaneously purchased the Dec contract at 10166.6.  These prices include spread-bet dealing costs.

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