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Grow Your Wealth – Market Wrap 18/09/2020

It has been a couple of months since our last Market Update, during that time nothing really changed.  Our market continues and is still trading in arange between 6200 and 5800. Reporting season is over with results being slightly better than expectations and maintaining the market in the trading channel.

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Market Wrap

September 18, 2020

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Grow Your Wealth – Market Wrap 03/07/2020

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Jul 3, 2020 |

Our market has recovered 30% since the initial shock in March. But we are not alone, the US is leading the way and is currently now only down 7% from the pre COVID 19 levels. The ASX 200 is trading around 6000 points down around 17% from the pre COVID 19 highs.‍ Click...

Grow Your Wealth – Market Wrap 19/06/2020

Grow Your Wealth – Market Wrap 19/06/2020

Jun 19, 2020 |

Back in Australia our recovery was 40% at its peak, but is now retracing back into a trading range. As shown in the below chart our market seem to be trading in a channel between 5750 and 6200. Volatility has is sitting around 24 which is still high but the trend is...

Grow Your Wealth – Market Wrap 05/06/2020

Grow Your Wealth – Market Wrap 05/06/2020

Jun 5, 2020 |

We could see our market move up another 5%, however we are still cautious on which companies we buy given that the bond market does not seem to be supporting the market at present. This could indicate a possible retest of the recent lows. Click for full article