ASX – Buy
ASX is under Algo Engine buy conditions and is now likely to find buying support.

ASX is under Algo Engine buy conditions and is now likely to find buying support.

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

has switched to Algo Engine buy conditions and has now been added to our ASX 100 model portfolio.
Stockland, has formed a joint venture partnership with JP Morgan Asset Management to acquire a portfolio of industrial properties that they will expand over the next three years. The focus will be the faster growth opportunities within logistics and fulfillment centers.

Fisher & Paykel Healthcare Corporation is under Algo Engine buy conditions and is now consolidating above the $30 support level.

Buy TPG Telecom above the $7.00 support level.

For the 43 companies that have reported Q4 earnings, total earnings are up 7.4% on the same time last year. Revenues are up 3.3%.
At completion total S&P500 earnings are expected to be down -6.4% which would follow the -7% in the Q3.
We expect to see the strongest earnings growth in construction and autos for Q4.
A break below 3,780 in the index will be a negative sign.

Amcor is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
Amcor goes ex-div $0.17 on 3 March.

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

Fisher & Paykel Healthcare Corporation is under Algo Engine buy conditions and is now consolidating above the $30 support level.

ResMed is under Algo Engine buy conditions and we see buying support building.
ResMed will release 2Q21 earnings on Friday 29 January.
