Average True Range (ATR) is a simple volatility measure for all stocks (for any price). Volatility (how much a share price moves on a daily basis) helps you work out how much risk you are taking. Some share prices are risky (move around a lot) others are low risk (don’t move much). Knowing what sort…
Average True Range (ATR) is a simple volatility measure for all stocks (for any price). Volatility (how much a share price moves on a daily basis) helps you work out how much risk you are taking. Some share prices are risky (move around a lot) others are low risk (don’t move much). Knowing what sort…
APM – Harry Kane slots home
DRO going well again.
DXB – Maybe a pause.
Guzman y Gomez. – IPO to list June 20th
Wall Street closed mixed in a choppy trading session amid soft manufacturing data, and a glitch on the NYSE caused trading halts in dozens of equities. The Dow fell 115 points (0.30%), kicking off June on a sluggish note. Up 49 points at best. Down 439 points at worst. S&P 500 turned green in the…
SUMMARY AD8 shows small signs of bottoming. One more positive session will see it print an RSI daily buy signal. WHC closes in on its 52-week high. In full 3EMA uptrend and close to overbought levels. No reprieve for LLC. The strategy day bounce from last week all but fizzled out. JHX manages to print…
Pretty quiet – eyes on the US Jobs Number on Friday
ASX 200 slips 24points to 7737 (+0.3%) in lacklustre trade. Banks held up after good gains yesterday, the Big Bank Basket at $212.35 (+0.6%). Insurers slipped back, and MQG went nowhere. REITs mostly weaker, GMG up 0.6% with others softer, SCG off 1.3% and GPT down 0.9%. Healthcare mixed CSL with a slight gain, SHL…
SUMMARY Bond yields down – Helpful. Big Tech outperforming – Helpful. Iron ore and oil down – No exposure. Jobs numbers on Friday the next signpost. Need to find something to do while the market goes sideways. Education Corner – Average True Range. Very useful. THE PORTFOLIOS STRATEGY PORTFOLIO No change to Strategy today. Keeping…
