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Buy signals on the All Ordinaries, ASX 200, S&P 500 and Nasdaq are now 4 days old. There are now MACD buy signals as well. Telstra (TLS) weekly buy signal. Again. Not often traded by Australians – but there’s a buy signal on SQ2. Qantas (QAN), anyone?. Very early short-term buy signal after dropping from 670c to 490c over the Qatar debacle (not their fault).

The Doves are still flapping – we are four days into this market rally

As the market rallies on this “Dovish Pivot” there are no end of ideas to buy. From big quality stocks with weekly (more significant) buy signals (TLS, TCL, RMD, COL, APA, AWC) to interest rate sensitive sectors (REITs, Utilities, Infrastructure), to Healthcare (CSL, RMD), to “Risk On” stocks in the technology and sentiment driven sectors (Lithium). There are daily buy signals for instance, on WTC, WEB, MIN, IGO, AKE. Take your pick. The big gamble is whether this Dovish Pivot is to be believed or whether it’s a one (or three) day wonder.

SMALL CAP PORTFOLIO SUMMARY Selling into the rally. Some GEAR and some LRS. Lithium stocks…

Taking a few bets on this Dovish Pivot sticking. Even if it doesn’t stick, the downside is limited. A lots of daily buy signals around.
Weekly buy signals as well. Interest rate sensitive sectors on the rise. Risk on sentiment driven sectors bottoming. If you want to buy banks for a run into results, the timing looks as good as it is going to get. Hamas-Israel conflict being overlooked by the market. Oil price down.