Welcome to Momentum Monday.
Congratulations to the fans of Penrith for your win over the weekend. You may need something to pick up your spirits after a down week on Aussie markets… but after four wins in a row I doubt you could be feeling down. The good news is when looking at the chart it doesn’t seem that bad… sounding worse than it is.
Interesting links
This Friday we will hold our Friday “Lunch n’ Learn” session. Book your place at the virtual table today We will be discussing the third quarter results for the NAPS (No admin Portfolio System. Remember…. If you can’t tune in live book your place anyway and we will send you the recording
We have completed the latest quarterly review of our NAPS portfolio that we run as an education exercise. You can read the results here.
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. If you think there is someone who will benefit from this offer, please reach out and we will send you the link.
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.
If you haven’t already signed up to Podbean or your favourite streaming channel to receive our morning ASX market reports. (ASsuming you know what I even mean)… Click here to signup for it
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…
