An active week taking a step back on alternate energy and oil and gas. Profits taken in a few spots. ![Feb13Trades.png](https://files.peakd.com/file/peakd-hive/carrinm/23ydJMuZaRw9vnXMwFcwGAMiAKXtpG6rRYpBTyjGnWGLRbFJjBxgvvGSQLRgFXEqv6qQL.png)

Portfolio News

In a week where S&P 500 dropped 1.28% and Europe rose 0.24%, my pension portfolio rose 0.42%. Biggest contributions from Northern Star Resources Limited (NST.AX)up 6%, ASX and Canada and some US uranium. Biggest drags were FVRR down 37% and US nuclear technology. Big movers of the week were BPM Minerals (BPM.AX) (38.5%), TechGen Metals (TG1.AX) (31.1%), NICO Resources (NC1.AX) (30.2%), EraNova Metals (NOVA.V) (29.4%), Fermi (FRMI) (28.6%), Quantum Graphite (QGL.AX) (22.7%), Advance Metals (AVM.AX) (21.7%), Alligator Energy (AGE.AX) (21.6%), Western Uranium & Vanadium Corp (WUC.CN) (20.3%), Mitsubishi Materials Corporation (5711.T) (18.9%), Rush Rare Metals Corp (RSH.CN) (17.9%), Web Travel Group (WEB.AX) (17.6%), SSR Mining (SSRM) (16.3%), CGN Mining Company (1164.HK) (16.3%), Tess Holdings (5074.T) (15.5%), ADX Energy (ADX.AX) (14.3%), Boss Energy (BOE.AX) (14%), PZ Cussons (PZC.L) (14.3%), BMG Resources (BMG.AX) (13.3%), ENCE Energía y Celulosa (ENC.MC) (13%), Locksley Resources (LKY.AX) (12.9%), Seabridge Gold (SEA.TO) (12.8%), Alamos Gold (AGI) (12.6%), Lynas Rare Earths (LYC.AX) (11.9%), Elixir Energy (EXR.AX) (11.8%), Power Minerals (PNN.AX) (11.1%), Resimac Group (RMC.AX) (11%), Northern Dynasty Minerals (NAK) (10.8%), F3 Uranium Corp (FUU.V) (10.5%), Orezone (ORE.AX) (10.2%), Sun Silver (SS1.AX) (10.1%), Viking Mines (VKA.AX) (10%), Deep Yellow (DYL.AX) (10%) A stronger list of 33 stocks making the big movers list which looks a bit like a resources soup. From the top - gold/silver mining (9 stocks), alternate energy (3 stocks), nuclear/uranium (8 stocks), rare earths (3 stocks). ![Feb13News.png](https://files.peakd.com/file/peakd-hive/carrinm/48HDGu6LfVUEUMTWa9jiFSRR38QEQHbUofp5sPsRccz8yWqsGD9autwXPVi38dSdMS.png) US markets had a challenged week with jobs report and inflation report sending mixed signals and some nerves about the AI trade and the impact of AI on software stocks. **Crypto Slides** Bitcoin price drifted lower finishing the week 2.9% lower than the open with a trough to peak range of 9% - there were buyers midweek. Stayed below the weekly resistance level - the green line ![Feb15BTC.jpg](https://files.peakd.com/file/peakd-hive/carrinm/23w3CwUUBVLRJoXLg3b1Smz5MuYWtbn12bKDY9NsDaGo11XA4fCEAcvdwchE1zA6bMp39.jpg) Ethereum price drifted lower too finishing the week 7% lower than the open with a peak to trough range of 11.4%. Kept bouncing off the weekly resistance level - the green line ![Feb15ETH.jpg](https://files.peakd.com/file/peakd-hive/carrinm/23w3EnW5GAumj7BRAivHd9fnhZWX7gXbVEJReREyzjsoGwcFAQsiTpnkMJG7YLMbKbXJb.jpg) A few altcoins saw some buying from midweek - Aave (AAVEETH) popping 20% and reversing the downtrend. Cardano (ADAETH) worth watching with a 15% pop but still flatlining Cosmos (ATOMBTC) pops 22% ![feb15ATOM.jpg](https://files.peakd.com/file/peakd-hive/carrinm/23vsr3shhwgP3t1eTxBHD4znWLhBob3UgqjWhf9r2nLsnaRn2j8zF2svHiMbzp37ApK1r.jpg) Helium (HNT) does a Lazarus with a 94% pop - no news. ![Feb15HNT.jpg](https://files.peakd.com/file/peakd-hive/carrinm/23uRLAvwW7cu6CUA1SWoSpNv7fDHvyV7zgM9sdyqTwJCZ9Qi3vCsWgFeynLh6dPVWKxDc.jpg) What I do notice is a lot of pairs that Binance is no longer listing - time to go back to source to move the coins and/or convert to BNB **Nuclear Energy Holdings** A few sales on the ASX stocks to lock in profits and two purchases - one in South America and a few in small managed portfolio on Canadian exchanges. After the shock of last week a 1.2% increase in valuations ![Feb13NuclearChange.jpg](https://files.peakd.com/file/peakd-hive/carrinm/23viRckVpFeVXqNcY6FmQiPAMFX7rv6qxWNmEswC3MYEjiLfavbK83cJri2iuqBTGoVW4.jpg) A few changes in the order of holdings with Uranium Royalty Corp (UROY) swapping places with Yellow Cake plc (YCA.L). Might be time to explore a few LEAPS on the #1. Silex Systems (SLX.AX) moves up a place into slot 8 and Atomic Eagle (AEU.AX) comes into Top 10 in slot 9. Dropping out the Top 10 is Centrus Energy Corp (LEU). Share of portfolios drops a little. ![Feb13Nuclear.jpg](https://files.peakd.com/file/peakd-hive/carrinm/ALG24w7Rm53AWZyMXSk7cMt8yDGEH3ShDMoePC8CbA2fheVzfHxvfz2fZmTzKX9.jpg) Two biggish moves in holdings by stage with 0.8 point rises in share for Explorers and Technology ![Feb13NuclearbyStage.jpg](https://files.peakd.com/file/peakd-hive/carrinm/EocDNhDRbxLvZ7G17RR5au5nocxQfrdGtHC5puh21ugp6ALYXMw381UKppwL99f3Afd.jpg) **Alternate Energy Holdings** A few additions to portfolios to put a bit more oomph into the sector - too bad about the Clean Energy reversal by Executive Order. ![Feb12Climate.jpg](https://files.peakd.com/file/peakd-hive/carrinm/23wCbWanRaVP9MhEcguxv97eiRz8GLExsySfmi5jfmkKUsF3SuqNCE8EC7N9hFtF2hPeV.jpg) Small drop in valuations. ![Feb13LithiumChange.jpg](https://files.peakd.com/file/peakd-hive/carrinm/EogUB5b3rrxQ8YJH5BCbyPURkxQFhbGAo3HghUNr2ZZqUWujbt3mSRgb189vCwRMwYc.jpg) Mix of holdings sees a few changes with Sigma Lithium Corporation (SGML) and Largo (LGO) changing places near the top. Global X Lithium & Battery Tech ETF (LIT) and iShares Global Clean Energy ETF (ICLN) come into Top 10 in slots 8 and 10 on the adds there. Dropping out are Kairos Minerals (KAI.AX) and Vulcan Energy Resources (VUL.AX). Getting itchy on the former of those two - needs to decide if they are a gold miner or lithium miner. Would much rather have focused teams. Share of portfolios moves up 0.4 points and the number of holdings picks up with the new adds. But it still looks like an ETF. ![Feb13Lithium.jpg](https://files.peakd.com/file/peakd-hive/carrinm/244yGfwMqgViWPRRiXsuFqrZ8WfTLD7pQKzfax5eXFfWwsuGNGEnmzeLX25Sr1KgBb9Ax.jpg) **Precious Metals Holdings** One sale and a 5.3% move up in valuations ![Feb13PreciousChange.jpg](https://files.peakd.com/file/peakd-hive/carrinm/EocDNWQf18BneDZNvAqsPf7SUCyRSVcCzZyFJYYsZa4k5QRQQuknkuqSE1R23RJjCqj.jpg) Northern Dynasty Minerals Ltd. (NAK) and Kairos Minerals (KAI.AX) swap places near the bottom of the Top 10. Share of portfolios goes up 0.4 points. ![Feb13Lithium.jpg](https://files.peakd.com/file/peakd-hive/carrinm/244yGfwMqgViWPRRiXsuFqrZ8WfTLD7pQKzfax5eXFfWwsuGNGEnmzeLX25Sr1KgBb9Ax.jpg) Thinking to add rare earths into this analysis as it is a large slice of overall holdings.

Bought

Two DRP allocation from January in pension portfolio - Australian index funds: - Intelligent Investor Australian Equity Growth Fund(IIGF.AX) - Intelligent Investor Australian Equity Income ETF (INIF.AX) With the sale of L&G Hydrogen Economy UCITS ETF (HTWO.SW) last week did a review of alternate energy holdings - followed the same process as always - find which ETFs are lagging and compare Top 15 holdings in each to find laggards. **iShares Global Clean Energy ETF** (ICLN): Alternate Energy. Step one of the analysis for replacements was to compare the 4 main ETF's. Yield 1.47% ![Feb9AltEnergy.jpg](https://files.peakd.com/file/peakd-hive/carrinm/23tcNnh1QQGJGN9sTF1t14J9fr1uAaQbRocyPyCjRfwXXwBrjzWQ5DJyzMqngAtJ3cGu6.jpg) As the pension portfolio already has a holding in KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) added a parcel in this ETF. 30 points to catch the leader. **Global X Lithium ETF** (LIT): Lithium. Rounded up holding in pension portfolio to be able to write covered calls at 3.2% lower price than January purchase. Now to find the laggards ![Feb9LIT.jpg](https://files.peakd.com/file/peakd-hive/carrinm/EoeLmvDBmxqv7Ejmnst5CMyY3FrZPRVcg5EYagZEhN4Wb5aGWaBPaGNaoCa721ZXFUr.jpg) **BYD Company** (1211.HK): Electric Vehicles. Added a small holding in pension portfolio as stock is lagging in each of the ETFs it is in. Dividend yield 1.46%. **Panasonic Holdings Corporation (6752.T): Consumer Electronics. Two electronics companies listed in Japan in the laggards. They have a number of areas of interest as alternate energy plays in electric vehicle components and batteries. Dividend yield 1.59% **TDK Corporation** (6762.T): Electronic Components. They also have a number of areas of interest as alternate energy plays in electric vehicle components and batteries. Dividend yield 1.47% **Duolingo, Inc** (DUOL): Internet Services. Read a review of earnings release by Swiss Transparent Portfolio - they like the growth numbers and are skeptical of the AI fears. Had originally picked this stock as one of my son's ideas. Good to find corroborating view from Swiss Transparent Portfolio on Substack - feels like a bit of a dissonance pick. Added another small parcel in pension portfolio to average down entry price (not yet got to a covered call size parcel.) Watched an interview on Triangle Investor about upcoming structural changes in markets - suggestion was to look at energy. Ran stock screens to find US stocks - a few energy names in there. **Cheniere Energy** (LNG): US Oil. Dividend yield 1.01% ![Feb9LNG.jpg](https://files.peakd.com/file/peakd-hive/carrinm/23tSzLNbhY4CNWFd75a5vEgtE4sDMLwio53CUguAe6a6r87UGDdQwqztNVesEvFJUjpCz.jpg) The chart is a bit troubling - yes the stock did pass the screen and the downtrend is broken. However, there is only 19% upside to the high on the left of the chart. The news snippet may point to a step change in the scale of the business and natural gas prices are rising. Price is lagging the main fund I use to invest in US shale oil by 7 points - Alerian MLP (AMLP) - might go back to using that and reduce stock specific risk - currently have sold puts there that look like they will expire. **Venture Global** (VG): US Oil. Dividend yield 0.73%. 2% 9.4% ![Feb9VG.jpg](https://files.peakd.com/file/peakd-hive/carrinm/Eo4JpobtoM2Jm3aFtuZe6uwA9YinzYfmEFeYsxZeGi73ReP7cPKjYk6Pb6mAfHjruND.jpg) Chart fits the stock screen model a bit better - price has been beaten up, bottoms out and makes a higher low. There is also LNG capacity news in the story and the gap to Alerian MLP (AMLP) is 52 points **United States Natural Gas Fund** (UNG): US Gas. 1.07% 15.1% ![Feb9UNG.jpg](https://files.peakd.com/file/peakd-hive/carrinm/23tHbkj8AqQBoB7B8KiM3sQvbXWyK2sXJ591mk9QMcQzaSAnvFzpjxRgsTNKG4PK9npSi.jpg) Did have a look at a comparative chart - also lagging by 40 points and showing a bottoming out formation. While the purchase was made before the Clean Energy news, that news should help the stock **Clearway Energy** (CWEN): US Renewable Utility. As part of the review of alternate energy holdings added in a pending order on a November expiry 40/45 call spread. Plan is to fund the call premium with a sold put once the current options expiry ends. With net premium of $1.70 this offers maximum profit potential of 194% profit for a 16.7% price move. ![Feb10CWEN.jpg](https://files.peakd.com/file/peakd-hive/carrinm/23tcNnfbkH5sZYj8F84pMaCGotahMNUqXiJVWyYA7mgG2N79cAHVN73d7RQMRat3JKwrg.jpg) Let's look at the chart which shows the bought call (40) and breakeven as blue rays and the sold call (45) as a red ray with the expiry date the dotted green line on the right margin. This looks like a blue sky trade as price has to pass the previous high from 2022 and stay there. The sold puts are key to making this a winner. **Fiverr International** (FVRR): Internet Services. Assigned early on sold put. Breakeven $20.62 vs $14.56 open (Feb 12). Market has taken a big dislike to the stock maybe dragged down by the disruptive effect AI could have on outsourced work - makes it easy to do the work yourself. The smart gig operators will leverage this to generate more work and volume and fees for the platform. The weak ones will fall away. >This is not as ugly as it looks as there are a swag of sold puts built into the breakeven for the holding before this addition. Note from the last assignment [TIB795](https://mclnks.com/tib795) Note: Earnings upcoming Feb 18. Deployed spare cash in small managed portfolio on two Canadian uranium stocks averaging down entry prices. **Geiger Energy Corporation** (BEEP.V): Uranium. 16.9% lower price Flagship asset is 100% owned Hook Project located in the Athabasca Basin, Canada. Also exploring in Thelon Basin this summer. **Forsys Metals Corp** (FSY.TO): Uranium. 13.5% lower price >The Company’s principal focus is on bringing its wholly owned Norasa Uranium Project (“Norasa”) into production. Norasa is the consolidation of the Valencia and Namibplaas Uranium Projects located in Namibia Pilot plant slated for completion end 2026 - going to guess full production from 2029. **Jaguar Uranium Corp** (JAGU): Uranium. Watched Triangle Investors interview with CEO, Steven Gold talking about uranium assets in Argentina and Colombia. Argentine assets are previously producing mine and plant operated by Argentinian government and closed in 1975 - a brownfield opportunity. Colombian assets are in established mining areas but more greenfield in nature. Going to guess production coming back online in 2029 or 2030 if uranium prices stay above $80. Company has just completed IPO to raise two years of run rate capital - entered in personal portfolio at 17.5% discount to IPO price. Deployed profits from ASX sales below into a series of ASX stocks to average down and scale in. **Condor Energy** (CND.AX): Peru Oil and Gas. Averaged down entry price in personal portfolio after stock made it a few times to big movers list and as part of energy ideas outlined above. **Articore Group** (ATG.AX): Digital Media. Averaged down entry price in personal portfolio after stock made it a few times to big movers list. Looking for a breakeven exit. **American West Metals** (AWM.AX): Base Metals. Averaged down entry price in personal portfolio **Microequities Asset Management Group** (MAM.AX): Asset Management. Averaged down entry price in personal portfolio after stock made it a few times to big movers list. Dividend yield 7.60% with ex date Feb 20 end coming up. **New Frontier Minerals was Castillo Copper** (NFM.AX): Rare Earths/Copper. Averaged down entry price in personal portfolio after stock made it to big movers list on the down days. ![Feb13NFM.jpg](https://files.peakd.com/file/peakd-hive/carrinm/2432KyQC2muWJaWAgSFTvat8mbWYiuzNMM6WMkoAMgRwzWv2SGzWNChMLczWTYiKnv6ok.jpg) This has been a frustrating investment for what started life in copper, then cobalt and now rare earths and copper. Looking for a breakeven exit

Sold

**Shionogi & Co** (4507.T): Japan Pharmaceuticals. Closed out to release capital for other Japanese purchases for 74.8% profit since May 2023. Stock screen idea - have tended to use Japan as a buy and hold portfolio. Timing for the purchase was perfect for a post-Covid world. In the time the stock was held Japanese Yen depreciated by 19% against the Australian Dollar - chart shows this well ![Feb9Shionogi.jpg](https://files.peakd.com/file/peakd-hive/carrinm/23tHbYKtrXN4KeqXzwf13564WzfkkkDxjn8xHLKSpyZqjahQp7o9a89yQ4SYBujJfP5gE.jpg) When this portfolio was first set up purchased a long USDJPY position as a hedge. That hedge was since closed out at a massive profit locking in the USDJPY rate from the start. **Dawson Geophysical Company** (DWSN): Oil Services. Pending order at 52 week high for 0.2% blended profit since March/December 2017/May 2018/September 2019/May/September 2023/January/May 2024/June 2025. Long ago idea from my investing coach - stock fell on tough times through oil price collapses (a few of those). Averaging down helped. Of course the whole sector buoyed by Transocean (RIG) bid for Valaris (VAL). My holdings in Valaris did not survive the last bankruptcy proceedings. **Deep Yellow** (DYL.AX): Uranium. Took the profits out of holding in personal portfolio with a 165% profit since September 2024. Do have quite large holdings across the portfolios - no harm in banking profit. **Sunrise Energy Metals** (SRL.AX): Rare Earths. Took out the initial capital in personal portfolio after 138.8% profit since October 2025. Next Investors idea - they are still holding. **Star Minerals** (SMS.AX): Gold Mining. Partial fill on pending order to take out initial capital in personal portfolio with a 52% profit since September 2024. Stock was originally bought as a Namibia uranium pick but the business has switched to gold mining. hate it when management team switches horses like that. **American Uranium was GTI Energy** (AMU.AX): Uranium. Reduced position size in personal portfolio. As this is one of the early uranium investments the FIFO story (10.9% blended loss) is different to the LIFO story (49% blended profit). Accountant will book the FIFO story - held since August/November 2023/May/June 2024. **Cauldron Energy ** (CXU.AX): Uranium. Reduced position size in personal portfolio taking out half the initial capital. Locks in 94% profit since September 2024. This is a challenging story with very good quality tenements and proven drill results in Western Australia. Releasing the potential depends on the State government lifting the ban on uranium mining. The CEO is confident they will. LIFO profit is a bit higher.

ASX Portfolio

The segment reports trading in ASX fractional share portfolio. Trade entries are made based on stock screens looking for undervalued stocks (price to book, price earnings, price to sales) that are showing technical signs of breaking a downtrend. Exits are made at 35% profit or 25% if 52 week high is lower than 35% advance. New buys are in $500 lots. Scale ins and top ups in $250 lots **New Buys** **QBE Insurance** (QBE.AX): Insurance. Dividend yield 4.83% ![Feb9QBE.jpg](https://files.peakd.com/file/peakd-hive/carrinm/23tSzLNbhYUW2g2EWwd7SJsaciDcCW4Yg527bNY4fmJzKD7aiLo6bJxbmwvNKCS8GvzkT.jpg) Downtrend broken and bouncing off a level. Tricky part is the level is in the middle of a cycle - could step higher or break down more. **Bank of Queensland** (BOQ.AX): Banks. Dividend yield 5.44% ![Feb12BEN.jpg](https://files.peakd.com/file/peakd-hive/carrinm/23tSz3RpT46mujRgv1W6EMSmydtzDnMSeHGFnwgCh3BNoZBc7aCwraNAznQNAfb9VK9TY.jpg) Stock screens suggested Bendigo and Adelaide Bank Limited (BEN.AX) as a candidate. Was working with a friend looking at the stock screens themselves and did some comparisons with other Australian banks - that suggested this as lagging Bendigo Bank (BEN.AX). Picked this instead - as it happens BoQ appeared on the screens the next day. Have held this in the past **Sold** **Terra Critical Materials Ltd** (T92.AX): Uranium. Sold part of holding for 150% blended profit on auto-invest - 5 tranches from March 2025.

Income Trades

**Covered Calls** Seven covered calls written across two portfolio (Europe 1 US 6) **Naked Puts** Two sold puts expired in pension portfolio on Cameco Corporation (CCJ) and Honeywell International (HON). Sold puts happy to own at lower prices - Silvercorp Metals Inc. (SVM.TO): Silver Mining. Return 3.2% Coverage 7.4% - Lloyds Banking Group plc (LLOY.L): UK Bank. Return 1.3% Coverage 9.2% - Lloyds Banking Group plc (LLOY.L): UK Bank. Return 0.94% Coverage 11.5% - lower strike Kicked the can down the road on sold puts that could be assigned. An ugly raft on stocks that got hammered in the crypto and silver and markets selloff. Will keep rolling these out until a profitable exit can be found. - Bitmine Immersion Technologies, Inc. (BMNR): Crypto Mining. 188% loss on buy back. 2.9% cash positive Robinhood Markets, Inc. (HOOD): Financial Services. 170% loss on buy back. 2.4% cash positive Amplify Junior Silver Miners ETF (SILJ): Silver Mining. 80% loss on buy back. 18.6% cash positive - Bitmine Immersion Technologies, Inc. (BMNR): Crypto Mining. 101% loss on buy back. 0.3% cash positive **Credit Spreads** One spread trading in-the-money (ITM) with one through the bottom (TTB) - Netflix, Inc. (NFLX): Entertainment. ITM - 2.5% above TTB - NVIDIA Corporation (NVDA): US Semiconductors. 1.7% TTB Exercise risk is well within cash margins ![Feb13Spreads.jpg](https://files.peakd.com/file/peakd-hive/carrinm/Eo4JjE4rizgauaUEYKB6YVondpQHskoJPicrF8R3ci1qTubVSYoTssPQ1UJ7RHX9e1F.jpg)

Resources

**Cautions**: This is not financial advice. You need to consider your own financial position and take your own advice before you follow any of my ideas **Images**: I own the rights to use and edit the Buy Sell image. News headlines come from Google Search. All other images are created using my various trading and charting platforms. They are all my own work **Tickers**: I monitor my portfolios using Yahoo Finance. The ticker symbols used are Yahoo Finance tickers. Crypto tickers come from TradingView **Charts**: http://mymark.mx/TradingView - this is a free charting package. I have a Pro subscription to get access to real time forex prices **Investing**: Interactive Brokers provides comprehensive global markets coverage with very competitive commissions. Open an account to earn up to USD 1,000 in IBKR stock. https://mclnks.com/ibkr **Crypto Trading**: **Binance** offers a wide range of coins to trade, tight spreads and low fees if you use BNB to pay https://mymark.mx/Binance **Kucoin** offers a wider range of altcoins than many of the other exchanges. I do like to diversify my holdings in case an exchange gets knocked over. Grab 15% discount on your trades when you open an account on this link https://mclnks.com/kucoin15 **Gate.io** offers a solid range of coins many of which have been delisted elsewhere. Have chosen to share the commission rebates. 40% is the rate - split 30% for me and you get to keep 10% for any people you invite. https://mclnks.com/gateio **Tracking**: Keeping track of your crypto trades is a whole lot easier with CoinTracking.info. Get 10% off all your account upgrades https://mymark.mx/CoinTracking **Aus/NZ Investing** Sharesies provides low cost, fractional share investing for Australian and New Zealand residents covering stocks in those countries and US. Start investing with as little as $20 https://mclnks.com/shares February 9-13, 2026

#SAFIREproject - CENSORED~!