Opportunities in Review Webinar – Next Monday

For our next LiveĀ Webinar, I will review high conviction ASX and US buy and sell opportunities from the recent algo engine and model portfolio signals.

  • Host: Leon Hinde, Head of Equity Strategy at Investor Signals
  • Date: 23rd of March
  • Time: 12:30pm NSW/VIC time, 11:30am Qld time, Midday SA time, 9:30am WA time
  • Duration: 45 min

To be sent the invitation, you must register your details here.

 

Woolworths – Buy Rec Increases 10%+

Woolworths and Coles are two buy recs we’ve focused on over the last week. We bought both names on recent weakness and earlier this week we sold out of Coles and today we suggest closing the Woolworths position.

Woolworths rallied between 10 – 20% from the entry signal.

Amcor – For the Brave

Amcor is a leading company within the global packaging space. Their business is directly impacted by slower global consumption and it’s understandable their share price has been hit with a 30% sell-off.

However, if you believe the sun will rise again and people will go out to play, Amcor is a market recovery opportunity that’s worth considering at these levels.

High Volatility – buy

 

 

ASX – Accumulate

ASX is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

Accumulate within the $64 – $68 price range.

NOTE: It was reported on mainstream media that NYSE volume is up over 50% in March, (based on the same time last year).

It seems reasonable to assume that the ASX will be benefiting from a similar pick up in order flows, across both equities and derivatives.

 

 

Where Are The Buyers Focusing?

The following table highlights the stocks that are favoured as safe harbours within the current market sell-off.

Out of the below list, Qantas is the exception.

It’s interesting to note the outperformance of QAN relative to the ASX200 index, which is down 5% at the time of writing this post.

Healthcare is an obvious sector for investors to allocate capital. SHL, RMD and CSL are good examples.