Equity Activity for the week ended June 17, 2016

Equity Portfolio as of June 17, 2016

Commentary: I did not post my trades for the week ended June 10, 2016 as the weekend was consumed with celebrating my daughter’s birthday.

Last week presented great opportunities, but they were only to be realized with the employment of discipline and rules based investing. The greatest returns for me were from entering and exiting positions at maximum value based on when the technical indicators gave strong “Stay” or “Go” signals. As the week closed, my investing decisions resulted in meaningful gains arising from short equity positions, increases in precious metal and volatility positions, and opportune small equity buys for the long-term. A very volatile market within a narrow band is our present state and I have moved assets in concert with this environment. I do not see a calming of the waters in the near future, and do expect the volatility to increase and for the range of the moves to expand. I will act accordingly with the goal of profiting from the volatility while protecting my capital base.

Good Luck and have a great week!

New Additions

1. Alphabet (Google)

Increase in Holdings

1. Alamos Gold
2. Golar Limited
3. Hecla Mining
4. New Gold Inc
5. Nokia
6. PayPal
7. Proshares Ultra Short VIX
8. Square
9. Synaptics

Complete Dispositions

1. GLD
2. S&P 500 Put Options

Partial Decrease in Holdings

1. Proshares Ultra Short S&P 500
2. S&P E-Mini short contracts

Overall Equity Portfolio holdings

1. Alamos Gold – Increased position
2. ASA
3. Arm Holdings
4. Bank of America
5. Bank of America Preferred C
6. BB&T Corp
7. Brocade
8. Brookfield Total Return
9. Chevron
10. Con Ed
12. Corning
13. Daktronics
14. Disney
15. Eastman Chemical
16. Endo Int’l
17. Ericsson
18. First Solar
19. Ford
20. General Electric
21. GLD – Closed position
22. Golar LNG – Increased position
23. GreatBatch
24. Greenbrier
25. Halliburton
26. Hecla Mining – Increased position
27. Hershey
28. Ingredion
30. Jabil Circuit
31. JP Morgan
32. JP Morgan Preferred D
33. Legg Mason
34. Matson
35. Microsoft
36. MTN Group
37. New Gold – Increased position
38. Noble Corp
39. Nokia – Increases position
40. Nordic American Tanker
41. Norfolk Southern
42. Nucor
43. PayPal – Increased position
44. Phillips 66
45. Pro Shares Ultra Short S&P 500 – Decreased position
46. Pro Shares Ultra VIX Short – Increased position
47. Qualcomm
48. Reaves Utility Income Fund
49. S&P E-mini short futures – Decreased position
50. S&P 500 July Put Options – Closed position
51. Sarepta Therapeutics
52. Square Inc – Increased position
53. Synaptics – Increased position
54. Ten Cent Holdings
55. Tessera Technologies
56. Tetra Technologies
57. Travelers
58. Twitter
59. Viacom
60. Wells Fargo
61. Yum! Brands

Author: Thomas Connolly

Tom possesses a rich and diverse background that includes deep investing experience, senior corporate executive positions, and roles as a Regional Managing Partner and Global Industry Leader within Ernst & Young. He has advised executives on some of the largest acquisitions and dispositions in the Media and Entertainment industry, including clients such as Comcast, Citibank, Sony, Dalian Wanda and Publicis. Tom is a Certified Public Accountant with a Masters Degree from Columbia University. His skills are further accompanied by a personal passion for the study of economic trends and evolving market dynamics.

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