Welcome to Momentum Monday.
Happy New Financial Year!
And a big hello to those of you who have joined as part of the end of financial year. This is Momentum Monday where we do talk a lot about sentiment, but we also cover interesting items as well, particularly within the business.
And remember that structural difference between US Markets and Ours last week? I am sure you remembered it this week.
Interesting links
This week on Weekend Watchlist run in conjunction with Shares for Beginners,we cover stock with a bad history, though again it is ver different today than it was back then it is JHX - James Hardie. Listen here to the replay
Here is a replay to the most recent “Mastermind Investment Series”episode that we ran last Thursday with Roger Montgomery. Click here to access the replay
The next edition in the Mastermind series will be Alan Hull of Actvest. Book your place here
Our “Empower Others” referral program has been updated and it offers the biggest discount we have available anywhere (Even better than the EOFY offer). To Learn read more here if you are interested in sharing this tool with other like minded investors. There is even a basics of investing email education series that either your friend, or yourself can sign up
For any external commentary we make to the broader market, follow us on Social Media Facebook Linkedin Instagram or X (formerly Twitter)
This week’s content is as follows:
Broader market sentiment
Member corner
Stocks in the “Shine Zone” (including changes)
52 week high screen (including changes)
A reminder that you don’t have to read all this contribution. Simply scroll to the area of interest. Also the Bus Pulling out of the Station section has been removed. Refer to last week’s edition to understand why.
Broader Market Sentiment
We look at the direction of both the US and ASX markets to gain an understanding of the broader sentiment at the minute. It is important to stress here that I DO NOT use this to time my entry or exit out of stocks. I prefer to use the individual charts of stocks to do that. However I find it useful in helping us…
