A choppy week, but up 1.5% for the week

The markets did pretty well this week but gold took a bit of a hit, so my results were up and down for the week but ended up about 1.5% for the week.  I am up 10.1% YTD - compared to the TSX index which is up 4.3% YTD - so I am still doing pretty well this year.


Right now, I am 82% invested in stocks and ETF's, with the rest in cash.  I hold precious metals (HBU, HZU, BTO, MTO, and YRI), base metals (TKO), financials (HFU), energy (LTS, PD, TBE) and a couple of dividend stallwarts (BA and EMA).  I had two uranium stocks - CCO and PDN - but they jumped quickly this week so I sold them.  I will keep an eye on them, with the goal of buying them back at lower prices.


MTO put out good news yesterday (they halted to do it), publishing their first production costs for their gold since going into commercial production (and it was a great number, under $US 800 / oz), so MTO had a nice strong close and will hopefully get lots of attention at the PDAC conference next week in Toronto (takeovers of gold mining companies should really pick up this year, especially the ones with production already, low cash costs, and expanding resources).


I am looking at a few securities for Monday, that are now showing buy signals - HNU (natural gas ETF), IVN (mining), and some others of lesser interest since they are already trading near their highs (ARE, HSE, MFC, RUS, and THI).  I am also still keeping an eye on WIN, as it has been steady for a long time, and it is right near the buy signal (but not there yet).


I am also watching XSR even though it is not near its buy signal, since it looks to be forming a quadruple bottom (a sign of good support).  If it moves up a bit from here, I will likely pick up a few shares for a trade (then buy more when / if it moves up an crosses the 50-day moving average line).


My system is working for me so far this year (and I would be up even more - another 3% or so - if I didn't fall back into some bad habits, that I am trying to avoid).