Welcome to Momentum Monday.
So has stuff just got real? Or is this an orderly pullback? It is too early to tell but that is the good thing about looking at our portfolios at least weekly. While it may feel like we want to act, DON’T until the chart tells you so. It may cost you a little more if you were right. But what if you are wrong? What will it cost you then?
Interesting links
Shares for Beginners is back and therefore look to our link in the program for our latest edition. This week it was me, Elio D’Amato talking about a stock in the media eye, its WTC Wisetech Global. Click here to be taken to the link of the recording.
Don’t forget to “Empower Others”. Our offer to your friends, colleagues and family members is better than what they will get on Black Friday. It is simply our best ever rate. If you think there is someone who will benefit from this offer, please reach out and we will send you the link.
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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…
