Welcome to Momentum Monday.

Nope. No correction last week. Just new record highs. The only thing I ask everyone is to change your thinking. This is not luck. Nor is it by design. Just be in when it's heading north-east, out when it's heading south-east and the travails of the past two years where the market is going sideways are hopefully behind us. Never mistake a bull market for brains… but think less and make more money - as I constantly have to remind myself.

Also I was made aware to a rather intriguing message last week from a client wondering why their inbox wasn’t full of emails from us. In other words, why weren’t we spamming them?

‘Out of sight out of mind’ was their view, ‘less in more powerful’ is ours. We would be interested in your view. Either email us at support@stockopedia.com.au or write down your view in the box below.

Interesting links

  • Weekend Watchlist with Shares for Beginners this week is we talk of a Stock in the news, but you won’t hear about it from them. It’s Tuas (ASX:TUA). Listen here to the replay

  • “Empower Others” referral program Learn more here

  • For any external commentary we make to the broader market, follow us on Social Media Facebook Linkedin Instagram or X (formerly Twitter) For the moment we don’t spam you.

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 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…

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