Welcome to Momentum Monday.

Is now the time? Do I ring the bell? Or do I just shut up and take what the market gives me? I mean we are at all time highs after all!

Like an overfeed child I will accept the latter. And while it will ensure for the child of a lifetime of weight loss schemes and diet plans… it is just too sweet to ignore. Trust me - I know what this feels like :-)

Interesting links

  • Don’t forget to “Empower Others”. There is no better time to refer the award winning platform which is Stockopedia than right now at our best ever rate. To Learn read more here. As the saying goes, “teach a man to fish and you feed him for a lifetime.”

  • For any external commentary we make to the broader market, follow us on Social Media Facebook Linkedin Instagram or X (formerly Twitter) Some of you already have so ‘Thank You’ for that.

This week’s content is as follows:

  • Broader market sentiment

  • Member corner

  • Stocks in the “Shine Zone” (including changes)

  • Momentum Movers (weekly only)

  • 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 more risks you can take and vice versa.


US / S&P500

It felt like everyone got the memo a day late. The 50 basis point cut from the Fed was starting to be expected by many pockets of the market. But when it happened the response was somewhat muted until the next day when things went bananas and you couldn’t not make money holding anything Thursday evening / Friday early morning our time.

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