As my regular reader may have noticed profits are currently showing down this week. This is due to me clearing out a few losers. This week I decided to sell off Cranswick and Essar who were going nowhere. Essar was quite a big loss of £168 and Cranswick £50. Thats the bad news over.

Good news is that the value of my portfolio is up. currently have a running profit over £1400. This is mainly due to Petro Matad showing a profit of over £300 this week alone. I may sell out this week if it shows signs of weakening. But holding for now.

Trifast is another that is still performing well. Now at 38p and running a small profit.

Funds from the sales of Essar and Cranswick went back into Supergroup. The peaked up to 1100p last week and I was regretting getting out at 1020p. This was my chance! – Target 1100p Stop 960p

BP – showing a loss right now but I am holding tight!

more updates next week.