Warming up

12.08 pm Market participants will be drifting back to work although it's still pretty quiet. I left a few positions on before leaving for a short holiday and have sold most now, generally for good prices with the best being MLX which has worked its way to 115.
I sold some A2M at 763 early and bought back in at 759. It's a stock that's chopping around near the high and some minor resistance in the low 750s has been tentatively broken. The rally is very long in the tooth but the weekly trend is still holding. There might be a spurt up this week towards 800 if it can hold.

Incitec Pivot is shaping up nicely with a break from a higher low following a retracement. Long at 395.

In the small cap sector the cannabis stocks had a great run last week and I'm sorry to have missed it but there are opportunities every day. I've bought some DCC this morning but the most interesting is CLQ which I've been long for a week or two. It's in consolidation mode but looks more and more likely to have a decent run which could easily take it to 180.

4.17 pm It was a quiet day with early gains ebbing away only for the ASX 200 to roll higher on the close implying the chance of more gains. I added to A2M, averaging 760 for my entry price and the stock finished at 768 while IPL held the gains but closed below my entry at 394.
The small caps cost some money as a couple of tech longs were sold off but volumes were light and the sell offs didn't change the big picture so I'm holding for now.