Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary is finding buying support above the recent $190 low.
We expect the earnings picture to improve over the next 12 months as a result of the regulatory impacts subsiding.
The June result was mixed with strong revenue growth, yet weak free cashflow, relative to the same time last year. We’ll review the September quarter results with interest, looking for an improvement.
iShares Asia 50 is under Algo Engine buy conditions and is a current holding in our iShares ETF model.
INVESTMENT OBJECTIVE: The fund aims to provide investors with the performance of the S&P Asia 50TM Index, before fees and expenses. The index is designed to measure the performance of the 50 leading companies listed in China, Hong Kong, Macau, Singapore, South Korea and Taiwan.
CURE:AXW is under Algo Engine buy conditions and the current pullback provides another buying opportunity.
ETFS S&P Biotech ETF (ASX Code: CURE) offers investors exposure to U.S. biotechnology companies. These companies are engaged in research, development, manufacturing and/or marketing of products based on genetic analysis and genetic engineering.
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SPDR S&P/ASX 200 Listed Property in under Algo Engine buy conditions since February at $11.30 and In July we’ve seen a further buy signal at $12.50.
SLF provides a basket trade with diversification across the REIT sector. SLF and GMG remain our preferred property allocations.
Zip Co is under Algo Engine buy conditions and the short-term momentum indicators are now trending higher.
Bega Cheese is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.
Accumulate within the $5.00 – $5.25 price range.
South32 is under Algo Engine buy conditions and is a current holding in our ASX100 model portfolio.
BHP Group is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
OZ Minerals is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
WPL:ASX is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.
The recent pullback and higher low at $22.00 provides another opportunity to buy the stock.
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