From the entire team at Stockopedia we hope you all had a restful Easter period and are recharged to take on another shortened week of trading (though there certainly was something nice about markets being closed on Friday and Monday).
First a big hello and welcome to new members. Thank you for allowing us to come along your investment journey and we hope it is a smooth one (though we know markets rarely are.) For everyone else, we want to help as many investors as we can to invest successfully so feel free to share our name with any that you come across.
Before we begin, hopefully you have had a chance to look at the contributions thus far in the April edition of the Village Square. Please add a stock to the list. Because without the contribution from Members, the Village Square will fail in its objective of bringing investors together. The success of this exercise is up to all of us. Read the article here.
We also started a new quarter this month, so it was an opportune time to review our Australia and NZ NAPS (No admin portfolio system) portfolio. You can read the full diagnostic here.
Finally, we will have an upcoming webinar that you will receive an invite to this week. Please stay tuned to your email.
The agenda for today’s report is:
Broader market sentiment
Stocks of Interest
52 week high screen
Broader market sentiment
JUST A REMINDER: I do not use the market charts to make decisions as to when to buy or sell stocks. I will always use a stock’s individual chart to do that. However, I do look at the market charts to get a sense as to how aggressive/cautious I can be when trading/investing individual stocks.
S&P500
(Note: US Markets will start Trading on Monday, This commentary has been prepared using insights based on the lead up to last weeks (Thursday) close. Please be cognisant of this when reading the information, as views may change as a result.)
It was unsurprising to see the US have a break this week following a tumultuous three weeks, where markets defied reality with the S&P 500 falling just the 0.1% - essentially flat. However it was its first fall…
