Sonova: sold today

The stop-loss for Sonova (SIX:SOON) was activated today and my shares were sold at CHF 83.60. This represents a loss of 5.0% in 67 days.

Dow Jones Industrial Index

The Dow Jones Industrial Index (INDEXDJX:.DJI) has been trading in a channel for the last 12 months and broke out downward two trading days ago. Time to add to my position of of the ETF ProShares Short Dow30 (NYSE:DOG)

GLD: bought today

I bought GLD today at USD 148.75

GLD: bought today

My order to buy GLD today at the open was executed at USD 148.75

Placed buy order for GLD

I placed an order to buy the gold ETF SPDR Gold Shares (NYSE:GLD) today at the open at market.

I'll buy gold today

I hesitated to buy gold when the trendline gave a signal on 18 May, but today I trust the upward trend and will buy it.

Is Holcim turning around?

Today's close of Holcim (SIX:HOLN) of CHF 68.30 gives a buy signal but I don't trust it. On 4 May 2011 the price gapped down to a level similar to that on 1 July 2010, and that time the price dropped to a low of CHF 59.95 before a long-term recovery started.

Buy signal for gold, but I'll wait some more

 


The trendline I have drawn for the ZKB Gold ETF (SIX:ZGLDUS) shows a buy signal, with the price closing above the line yesterday. However, the price has been falling again during the night, as show on the 15-minute chart on goldprice.org, and therefore I won't buy the ETF yet.

How is gold doing?

The general trend of the ZKB Gold ETF (SIX:ZGLDUS) is up but over the last two weeks the price has been falling. Time to look out for a buy signal, but today is not yet the right moment.

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.

CS ETF on SMI: sold today

Seeing little hope for the price to recover, I sold CS ETF on SMI (SIX:CSSMI) today at 15:47 hours at CHF 63.26. Profit: 3.7% in 11 days.

CSSMI heading for sell signal

I see a sales signal coming up for CS ETF on SMI (SIX:CSSMI). If it looks like it is going to close below CHF 63.72 today I will sell it before the close. Today's low so far is CHF 63.33 and if it falls below that during the afternoon I will give an order to sell at market.