Howard's Investment and Trading Blog

Hi All, Here was my thought process for entering this trade. BOUGHT - LONG - AV. PRICE 199.23 - 6 AUG 18 Disclaimer: I am not a qualified financial advisor and the following should not be taken as recommendations or financial advice. FUNDAMENTAL ANALYSIS Since my style is shorter term trading I do not put too much emphasis on fundamentals. However, there are still key signals I look for. Balance Sheet/ Margin of Safety I've calculated the current ratio of CSL to be 2.86 and quick ratio to be 1.4 based on the values of their 6-month report ending December 2017. This ensures the company is able to cover its short term liabilities and will not default in the near future (whilst I am holding). Growth/ Profitability Revenue grew by 12.8% from the end of 2017 compared to the end of 2016, it is not amazing but is still better than a decrease. What caught my eye was the 35.8% growth in EPS during this same time period and with the annual year report due just around the co...

Hi All, This is my first official post. Apologies it took so long but I have been sorting out some things with uni, work etc. This is a little lengthy because I decided to buy all 4 in one day. I do utilise some fundamental analysis (analysing financial results) in my trading but this post will be mostly on technical entry points since doing full analyses for 4 companies will probably be excessive for 1 post. In the future, I will be providing my full reasoning for entering a stock. Without further ado let's go through my recent decisions to buy the above companies. Disclaimer: All of the following are based on my subjective analysis and is not to be taken as financial advice. VISA Bought: 11 shares; Av. Price 138.25; Long; 5th August.  Technical Analysis  Needless to say Visa is a strong company which is profiting on the move from cash to electronic payment and is a leading player in this field. Trend/ Moving Average: The price is trending above the 200 E...