Momentum Monday 29th May
We are back for another week. With markets constantly on the move, Momentum Monday a great way to start your week.
Markets last week continued to balance concerns over debt ceilings, high interest rates and a potential recession as they do. Let’s look at how they stack up for the week ahead.
We are proceeding with the amended Momentum Monday as per the structure of the last two weeks. If you want to read more about it, revisit the edition from two weeks ago here.
The format for this week's edition is:
Broader market sentimentMember requestsStocks in the “Shine Zone”52 week high screen (including changes)
A reminder that you don’t have to read all of it. Simply scroll to the area of interest.
If you have any suggestions for us, please be sure to include them in the comments below.
Broader Market Sentiment
We look at the direction of both the US and ASX markets to gain an understanding of the broader sentiment at the minute. While this analysis is not to time specific entry into or exit out of stocks, they are useful in helping us determine how aggressive/cautious traders should be...