US May retail sales missed consensus amid a pullback in auto sales. May industrial production also unexpectedly declined as manufacturers struggled for traction against cooling demand.
NASDAQ: holding above support.
S&P500: Lower high in place and stop loss required on a reversal through 6059
18/6 update: The price action is below the 8566 lower high formation.
S&P/ASX is under the red arrow, but it’s not until we have adverse price action on the US indices that we’d shift to short exposure.
(ASX:BBOZ} : Update 18/6: Buy BBOZ with a stop loss at $23.06
AMP : Add to watchlist and buy on a close above the 10-day average. The earnings outlook supports a high share price target.
Guzman Y Gomez : Add to watchlist
Dimerix is under Algo Engine buy conditions.
ASX is under Algo Engine buy conditions.
Okta, Inc. – Class A Common : Add to your watchlist & wait for the price to close above the 10-day average.
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Zscaler, Inc. – Common is under Algo Engine buy conditions.
RTX Corporation Common is under Algo Engine buy conditions. It’s a top 5 holding in our US fund, which is now up 29%
For more information on our managed fund, click here or call 1300 614 002.
Lockheed Martin Corporation Common is under Algo Engine buy conditions.
Buy with a stop loss at $443.41
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