Welcome to Momentum Monday.
I have to admit. It has been a while since I have been this calm during a sell off? Perhaps it’s investing experience?… or perhaps it is the focus of running a business which takes away my mind space. Whatever it is, the performance reminds me why I rarely if ever trade on market sentiment alone. And especially not on an intra-day level. It just suits my style.
Interesting links
This week on Weekend Watchlist run in conjunction with Shares for Beginners, we cover WES Wesfarmers who is often thought of as a retailer, but in reality are an investment conglomerate. Listen here to the replay
We have run the Friday Lunch ‘n Learn session
This week we hold the next instalment of our Investing Mastermind series with Tony Kynaston from the QAV podcast and he will talk about Identifying Quality at Value and how he goes about investing. If you want to register click here.
I want to once again reiterate that we were ranked as the Gold Standard by the Investing Newsletter Group. Go to https://www.tinglive.com.au/ to learn more. Given our consistency, what better time to “Empower Others” than now. Sorry, but it is a no brainer. To Learn read more here
- 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)
Momentum Movers *New section*
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.
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 determine how aggressive/cautious traders should be in their trading. In short the more positive the broader market is the…
