Momentum Monday 26th August 2024
Welcome to Momentum Monday.
Markets were up and nothing adds to positivity like a Presidential Campaign Conference in the US… Full of Celebrities, Politicians and Wannabe’s. So how does the financial press report on it? Not all that heavily. Especially when it doesn’t suit their narrative. But then again markets are at all time highs? So we are happy, but it certainly makes it hard to write about (I can vouch for that), which is bad for media businesses, particularly as fear sells (as you are all well aware.).
But before I continue let me make this clear…. “The Markets are positive! They both (US and Oz) closed on weekly highs.” *Phew* I’m glad I got that out, because reading the financial press over the weekend, it would be easy to forget this simple fact.
Interesting links
This week on Weekend Watchlist run in conjunction with Shares for Beginners, we cover a stock we have discussed before and why a buy-back cant even help it. It’s AZJ Aurizon. Listen here to the replayDon’t forget to “Empower Others”. There is no better time to refer the award winning platform which is Stockopedia than...