PayPal Holdings, Inc. – Common is under Algo Engine buy conditions and has been in our US S&P100 model portfolio since Sep 2020. The stock is up 63.80% after 347 days.
The low earlier this month at $266 triggered another buy signal which makes it the second cluster of buy signals since the original switch to buy in 2020.
Amazon.com, Inc. – Common is under Algo Engine buy conditions and has been in our US S&P100 model portfolio since Aug 2019. The stock is up 84.40% after 761 days.
Last week’s low at $3,175 triggered another buy signal which makes it the third cluster of buy signals since the original switch to buy in 2019.
MCHP:NAS was added to our NASDAQ 100 model portfolio on 28/3/2019 at $81.15. The position was closed yesterday for a 90.95% gain after an 868-day holding period.
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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.
The Fund focuses on Australian and United States large-cap securities and ETFs, to deliver superior risk-adjusted investment returns.
Our unique point of difference is our proprietary algorithm-based investment models, which are designed to quantify market momentum and remove much of the emotional human bias in the investment decision-making process.
Two classes of units in the Fund are offered:-
Class A Units – which provide investment exposure to ASX Listed securities and exchange-traded funds.
Class B Units – which provide investment exposure to United States listed securities and exchange-traded funds.
Micron Technology, Inc. – Common is under Algo Engine buy conditions and the share price is likely to be supported by immense growth for semiconductors in 5G and electric vehicles.
Micron’s revenue for the third fiscal quarter rose 36% to $7.42 billion, topping estimates of $7.24 billion.
The chipmaker forecast fourth-quarter revenue of $8.2 billion.