Welcome to Momentum Monday and we are fast approaching reporting season with quite a few company updates last week and more likely to come this week.
To help you manage this busy time of year, w e have produced our reporting season calendar which you can access here or alternatively access it via the post in the Market Insights section here. If you notice a company missing that you are aware of, email us at support@stockopedia.com.au as we have compiled this list manually and cannot guarantee completeness, or accuracy (though we tried our best.)
Further, we are pleased to announce the launch of our “Empower Others” referral program. You can read more about it here
Not only will your friend receive a 10% discount off the Recommended Retail price for the first year, but we reward you with a 30 minute phone call from either Chris or myself should they join. There is even the opportunity to access Stockopedia for free for 3 years. Click on the links above to learn more, and as always… conditions apply.
Let's get into today’s content. For those reading this contribution for the first, refer to previous editions for links to background learning.
The content for this week's edition is:
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.
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
The broader S&P500 finished the week in positive territory up 0.69%, and crossed over our target of 4535, but finished just shy of the Mar 27 lower high…
