China New Economy ETF

Posted on | by Leon Hinde

VanEck Vectors China New Economy is under Algo Engine buy conditions and is a current holding in our “ASX All ETF” model.

CNEW seeks to provide investors with access to a portfolio of the most fundamentally sound companies with the best growth prospects in the consumer discretionary, consumer staples, healthcare, and technology sectors that are domiciled and listed in Mainland China.

Amcor -Strong First Half

Posted on | by Craig

Amcor is under Algo Engine buy conditions and is an overweight holding in our models.

  1. Strong first half result ahead of expectations
  2. Raised guidance for fiscal 2021 EPS growth to 10-14%
  3. Increased dividend and additional share repurchases
  4. The Amcor investment case has never been stronger

GDX Gold ETF – Buy

Posted on | by Leon Hinde

Vaneck Vectors Gold Miners is under Algo Engine buy conditions.

GDX provides broad exposure to the leading global gold producers. After the recent sell-off from $65 down to $44, we’re now seeing buying interest rebuild.

As a final confirmation, wait for the price action to trade above the 10-day average and the short-term momentum indicators to turn higher.

NCM – Buy

Posted on | by Leon Hinde

Newcrest Mining is under Algo Engine buy conditions and we see buying interest increasing as the “risk off” trade builds momentum.

Newcrest delivered a decent quarter in terms of production at all sites but costs were significantly higher than expected.

Buy NCM $25.50 on valuation grounds.