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.

ASX 20 – Rallies Off Session Lows

{AXW.ILC} is under Algo Engine buy conditions and is a current holding in our iShares ETF model portfolio.

The ASX rallied 10% from the session lows on Friday and a number of ASX 100 stocks advanced over 15% from their lows.

We started buying the ILC ETF to gain broad exposure to a large-cap recovery.