How my tips have fared

Over the past fortnight six of my long tips have appreciated. Retailer Dunelm rose from 1,106p to 1,141p, luxury-clothing retailer Burberry advanced from 2,572p to 2,587p, builder DR Horton climbed from $96.64 to $98.15 and telecoms group Gamma Communications increased from 1,095p to 1,112p. Discount chain B&M European Value Retail also went up, from 482p to 496p, while brick and tile maker Ibstock rose from 172p to 173p. However, estate agent Savills fell from 982p to 955p and online retailer Asos dropped from 827p to 741p. My eight long tips are making net profits of £2,376, down from £2,400 two weeks ago.

As for my short tips, real-estate investment trust Digital Realty fell from $96.72 to $93.25, AST SpaceMobile slipped from $5.08 to $4.44, electric-car charging firm EVgo went down from $7.79 to $6.24 and ticketing firm Live Nation slipped from $70.15 to $69.20. Gamestop also dropped – from $22.64 to $22.25. Payroll company Paycom remained at $305 while Sunrun increased from $20.05 to $20.50. Overall, the profits on my seven short tips increased from £518 to £1,050.

The short and long tips are making combined profits of £3,426 compared with £2,918 two weeks ago. I suggest you take profits of £789 on Dunelm Group. This means I now have eight long tips (Burberry, DR Horton, Gamma , Savills, Asos, B&M, Ibstock and Computacenter) and seven short ones (EVgo, AST SpaceMobile, Digital Realty, Live Nation, Paycom, GameStop and Sunrun). I recommend raising the stop-losses on Asos to 525p (from 500p), B&M Value Retail to 260p (250p), and Ibstock to 85p (82p). I would also cut the price at which you cover Digital Realty from $140 to $110.