by daktech | Jun 19, 2020 | Market Wrap
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...
by daktech | Jun 5, 2020 | Market Wrap
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...
by daktech | May 22, 2020 | Market Wrap
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. Click for full...
by daktech | May 15, 2020 | Market Wrap
Do not be fooled in to thinking, that everything is now OK, far from it. What we are seeing is the market hedging their bets on the recovery as restrictions are lifted. It will all be about the economic data over the coming months. This will be a slow long recovery,...
by daktech | May 1, 2020 | Market Wrap
For all of us dividend loving investors do not worry too much, it is more of a precaution which all of the banks will follow, Westpac has hinted that there will be no dividend this half. Bank stocks dropped over 5% on Friday on back of expectation all banks will...
