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Grow Your Wealth – Market Wrap – 22/05/2020

We do not recommend to heavily invest at these levels, now is the time to top up some holdings and to start building positions in new companies. It is also a good time to think about selling out those companies with a low chance of recovery.

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Market Wrap

May 22, 2020

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Grow Your Wealth – Market Wrap 17/07/2020

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Jul 17, 2020 |

The big issue will be unemployment currently quoted at 7.5%. Job Keeper and Job Seeker are keeping the unemployment figures under control at present. However,these programs are to be wound back at end of September, the government is looking to provide a revise...

Grow Your Wealth – Market Wrap 03/07/2020

Grow Your Wealth – Market Wrap 03/07/2020

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...