Welcome to Momentum Monday.
And so it begins again.
Interesting links
This week on Weekend Watchlist run in conjunction with Shares for Beginners, we cover a great Australian story dominating on the world stage even though many don’t know about it. Its PWH - PWR Holdings. Listen here to the replay
We ran the client only Friday ‘Lunch ‘n Learn’ session. View a recording here
The next edition in the Mastermind series will be Alan Hull of Actvest is on. 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)
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. 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 determine how aggressive/cautious traders should be in their trading. In short the more positive the broader market is the more risks you can take and vice versa.
US / S&P500
Another positive week for the broad S&P500, another record all time high and another reason to remain in equities globally.
S&P500 Weekly…
