How my tips have fared

This has been a very good week for my open long tips, with all four rising. Construction firm Morgan Sindall rose from 2,145p to 2,431p, supermarket chain J Sainsbury increased from to 248p to 259p and African telecoms firm Airtel Africa advanced from 130p to 152p. Transport firm National Express also went up from 196p to 230p. Online retailer ASOS still remains below the 1,800p price at which I suggested that you should start going long. Overall, my four open long tips are making a net profit of £3,423.

As you might expect, it’s been a bit more mixed for my short tips, with three going down and two rising. Cinema chain AMC rose from $15.21 to $15.86, while marketing software group HubSpot rose from $428 to $459. By contrast, remote medicine stock Teladoc fell from $66.37 to $65.55; Chinese realestate broker KE Holdings slid from $13.76 to $12.15; and DWAC, the company behind Donald Trump’s social-media “empire” slipped from $83.34 to $68.91. Taken together, there has been little change, with the net profits on all my tips rising by a total of £1 to from £3,587 to £3,588.

Overall, the combined profits on my tips are now £7,011, far more than the £1,805 in losses from the closed positions. I now have four long tips (Morgan Sindall, Airtel Africa, J Sainsbury and National Express) as well as six shorts (Teladoc, HubSpot, AMC, KE Holdings, DWAC and Coinbase). I also have a pending long tip (ASOS). While I wouldn’t close any of these tips, I’d raise the stop-loss on Morgan Sindall to 2,000p (from 1,925p); on J Sainsbury to 175p (from 150p); on Airtel Africa to 110p (from 105p); and I’d lock in some profits by cutting the price at which you cover the Teladoc short to $135 (from $160).