Welcome to Momentum Monday.
“You can’t fight City Hall.”
That idiom ran through my brain all week. I don’t think I need to explain why. The pop in an overpriced and hardly traded $3B IPO who sells sloppy Black Beans probably tells you more than I ever will.
Also I hope you all enjoyed the first instalment of the “Investing Mastermind Series” with Roger Montgomery as much as I did. A link to the recording is provided below.
On a final note, this will be the last edition with the “Bus Pulling out of the Station” scan on account of some inconsistent results. Please have a read below for more detail.
Interesting links
This week on Weekend Watchlist run in conjunction with Shares for Beginners, we cover stock with a bad history, though again it is ver different today than it was back then it is JHX - James Hardie. Listen here to the replay
Here is a replay to the most recent “Mastermind Investment Series” episode that we ran last Thursday with Roger Montgomery. Click here to access the replay
The next edition in the Mastermind series will be Alan Hull of Actvest. 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
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)
Buses pulling out of the station (volume + price 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 I DO NOT use this to…
