ETFS Brent Oil: bought today

I bought ETFS Brent Oil (LSE:OILB) today at the open at USD 67.92

CS ETF on SMI: bought today

I bought CS ETF on SMI (SIX:CSSMI) today at the open at CHF 65.16

Thinking of buying OILB again

The price of ETFS Brent Oil (LSE:OILB) kept going up after I sold it at USD 61.00 on March 15 and I am considering buying it again. I shall look at it more closely in the morning, before the market opens in London. It closed at USD 66.92 today.

Buy signal for ETF on SMI

The chart for the SMI (Swiss Market Index) gives me a signal to buy the CS ETF for this index (SIX:CSSMI) again. Unless something serious happens during the night, I shall buy it at market at the open tomorrow.

Is Sonova turning around?

Sonova (SIX:SOON) opened at CHF 84.50 this morning and I wonder if it is turning around or whether it will hit my stop-loss trigger of CHF 83.60 today.

Sonova: stop-loss sell order

The Swiss stock exchange SIX does not allow simple stop-loss orders. Instead, a stop limit must be given in addition to the stop-loss trigger. As my bank does not allow online entry of stop orders I had to call them and gave a stop-loss sell order for Sonova (SIX:SOON) with a trigger of CHF 83.60, which is 5% below my purchase price, and a stop limit of CHF 70.00

Sonova: bought today

I bought Sonova (SIX:SOON) today at the open at CHF 88.00. The price had dropped substantially on 16 March following an earnings warning and subsequently some more following news of insider trading by some board members and executives of Sonova, and I figured this was a good time to by the stock.

Similar pattern for palladium and platinum

 


ZPAL and ZPLA show similar pattern in the 100-day chart. Both are estimated to open today below yesterday's close.

Platinum and Palladium

Today's issue of a Swiss investment newsletter has an interview with Mr. Erich Meier, head of raw materials at Zurich Cantonal Bank (ZKB), who said from from now on he prefers palladium and platinum to gold for this year. "They are driven more by the economic development, whereas gold is the perfect inflation hedge", he said. Like for gold, ZKB has ETFs for platinum and palladium.

On the Swiss exchange SIX:
ZKB Platinum ETF
Symbol: ZPLA >
ISIN: CH0029792709

ZKB PalladiumETF Symbol: ZPAL
ISIN: CH0029792683

On the US exchange NYSE Arca:
ETFS Physical Platinum Shares
Symbol: PPLT
Fund family: ETF Securities Ltd.

ETFS Physical Palladium Shares
Symbol: PALL
Fund family: ETF Securities Ltd.