Category: Updates

January 24, 2021

December – Week 3 update

After a steady rise. the market seems to be quieter and sluggish heading into the Christmas holiday period. That suits most ASX investors just fine, especially with the US markets flat overall. It’s like T20 season on the markets is over for now and we’re in the middle overs of…

December – Week 2 update

A streak of 7 days in the green for the ASX. The market has 7,000 in its sights. Will we test it before the year ends? There is a more certainty in the market, amidst progress in vaccine related news and the political / election volatility subsiding for now. The…

December – Week 1 update

After a high in November, the market had a small pullback before starting December steadily in the green. There is a new picture emerging when comparing global economies. Our employment and GDP numbers show we’re not on the brink of recession and recovering rather well. The US on the other…

November Update – Week 1 & 2

The market, ASX 200 (XJO) hit a high of 6,437 this morning and is sitting at 6,351 at 2.22pm. Overnight, Pfizer released a media statement claiming that their vaccine is 90% effective. This combined with increasing certainty following the US elections caused a significant rally on global stock markets, so…

October Update – Week 4 and 5

Global markets continue in a period of uncertainty riding on US elections, second and third wave of COVID risks and realistic timelines around an effective vaccine becoming available. Markets tend to do better with certainty and as these factors reach clarity we should see strong trends on the ASX. The…

October Update – Week 2

Global markets are entering a period of uncertainty riding on US elections, second and third wave of COVID risks and realistic timelines around an effective vaccine becoming available. Markets tend to do better with certainty and as these factors reach clarity we should see strong trends on the ASX. Watchlist…

October Update – Week 1

The last 3 months of 2020 begin. Six cases in Victoria. Case numbers need to trend down for further restrictions to be relaxed. Our portfolio took a decent dip this week on the back of a probable company milestone being delayed. We are a touch under $200,000 market value as…

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