XJO Down 576. Coronavirus Infects the Market The Australian market, started the month with the biggest drop of the year, following Shanghai’s lead which dropped 7.7% around growth concerns related to the corona virus. However initial fears then subsided with the Australian market finding stability in the commodities sector XJR/XMM, and the renewed confidence returning to the financials Index XFJ. The market then proceeded to test new all time highs, with 10 of the next 13 trading days being positive. A series of strong earnings reports
Long time member Sam discusses the current market correction. Stocks discussed: ASIA, QRE, MOAT, DRUG, HIL, PPH, ALL, APX, TWLO, PEGI, DXCM, AVZ, A2m, ZM
Long time member Sam chats about why having an ego is a killer for traders, and runs through his ASX and USA watchlists. Stocks discussed: ASX: ABR, AEF, APX, BRV, AUT, CGL, FMG, FHS, HIL, GLN, KCN, KMD, SOM, MAH, MGC, MLX, OCC, APZ, TLX, TYR, UWL USA: BABA, CGEN, COUP, SHOP, INBK, CRWD, KMX, NG, PETS, RH, TNDM, V, ZM
PRU – Perseus Mining Ltd has been in a long uptrend and has now formed an ascending triangle with resistance at $1.20. Low volume and increasing on balance volume adds to the confirmation of a break of this level, it should continue the uptrend.
Long time member Sam goes through his current watchlists of ASX and NASDAQ stocks. Stocks discussed: ASX: APX, BRV, SPX, CGL, XRO, ALL, FHS, FMG, MGC, SOM, SPZ, TYR, ABR, APT, AUT, HIL, KCN, SOM, VMT, ILU, BOQ, CT1 USA: AAPL, ZM, CIEN, TNDM, PCOM, DCPH, GLAD, INBK, T, V, VOYA
Protrader - January 2020 Market Wrap XJO up 333. Hitting all time Bulls in Control The Australian market, building on a consolidation that had been developing since October 2019, had it’s best January in 30 years, with the ASX rising a phenomenal 5.2%. From the 1st trading day of the month, till the 20th of Jan, the market went up for 13 sessions (only down twice) and in the process creating 7 new all time high’s, breaking through the 7000 mark on the 16th,
Long time member Sam discusses the NASDAQ and ASX stock markets. Starting with an overview of some of the main ETFs and commodities. Ending with a few trade set-ups Stocks discussed TSLA, HACK, TECH, ASIA, QRE, CT1, BOQ, ILU, APT, APX, TWLO, TNDM