Welcome to Momentum Monday.
Well last week was fun. Our “correction of all ages” hasn’t eventuated (yet) and we carry on. Does this mean it will never happen? Of course not. Just stop trying to predict it? (BTW I am talking to market commentators and the Financial Press more than I am to you.) To show you how little the world knows of what really drives markets. I heard that one of the reasons for Bitcoin pulled back two weeks ago was fear of a US Recession!!!! Idiots!
Interesting links
This week on Weekend Watchlist run in conjunction with Shares for Beginners, we cover a company that has just reported. It is JBH - JB Hi-Fi. Listen here to the replay
The replay of our latest Investing Mastermind series is now available for members. To listen to a recording click here.
Also last Friday’s Lunch ‘n Learn session is recorded for those that are members and booked a place at the virtual table. If you have not received the replay in your inbox do let us know at support@stokopedia.com.au
It’s the last week that I will remind you of the Investing Newsletter Group. Go to https://www.tinglive.com.au/ to learn more about our gold star rating. Even though we are not a tip sheet, we still rate number #1. So please feel free to forward that link to a friend to “Empower Others”. Then again, if they wouldn’t be interested - then you can’t fix stupid I am afraid. (Please don’t overestimate their intelligence.) 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
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…
