Betashares Global Cybersecurity is under Algo Engine buy conditions and is a current holding in our All ASX ETF model portfolio.
We see support building at $7.00 and expect 5 to 10% upside in the next 6 weeks.
7/4/22 HACK Update: Since writing the above post, HACK has rallied to a new higher low formation at $9.76. Buy HACK at market and run a stop-loss below $9.76.
The updated 5-year performance data for all Algo Engine buy and sell signals for the period ending 30 December 2021 .
Model Name: ASX S&P100 is 16.96% p/a.
September 2021 Data:
The updated 5-year performance data for all Algo Engine buy and sell signals for the period ending 30 September.
Model Name: ASX S&P100 is 15.38% p/a.
Model Name: ASX ALL ETF is 14.85%.
Model Name: US S&P100 is 17.53% p/a.
June 2021 Data:
The updated 5-year performance data for all Algo Engine buy and sell signals for the period ending 30 June 2021
Model Name: ASX S&P100 is 14.87% p/a.
Model Name: ASX ALL ETF is 14.9%.
Model Name: US S&P100 is 19.29% p/a.
Disclaimer: This data illustrates the simulated 5 year historical time weighted rate of return of applying our algorithm based investment model over the ASX100 & US S&P100 listed securities. Past performance is no guarantee of future returns.
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 70% after 919 days.
Amazon delivered 9% revenue growth in Q4.
Amazon guided for first quarter revenue of between $112 billion and $117 billion
Merck said it expects its 2022 sales to increase as much as 18% over last year, mostly on sales of its new COVID-19 pill, molnupiravir.
PayPal Q4 earnings of $1.11 per share and revenue $6.92 billion.
The stock fell on lower Q1 guidance of $0.87, while analysts had been projecting $1.16. FY22 revenue growth should be approximately 15%.
Look for buying interest to rebuild above the $100 support level.
{SNAP.NYS} is under Algo Engine buy conditions. The correction in high PE technology and the negative impact to earnings from the change in Apple’s advertising privacy regulations have seen Snap correct from $80 down to $38. Even after the 50% correction, Snap remains on 80x PE.
Despite the still high PE ratio, Snap offers tremendous growth and we’re accumulating the stock within our defined range.
5/2 update:
Snap shares rocket as much as 62% on first-ever quarterly net profit.
Here are the key numbers:
Sonic Healthcare is under Algo Engine buy conditions. The underlying earnings remain strong and we expect buying support to build within the $34 – $38 price range.
Commonwealth Bank of is scheduled to report its 1H22 result on 9 February 2022. Forecasting 1H22 cash earnings of $4.3bn with the FY22 interim dividend of $1.74 per share.
We remain underweight Australian banks.
CIM:ASX is likely to see improved earnings in FY22 and we expect to soon see a recovery in the share price.
CIMIC is a high-risk counter-trend investment with the prospect of a multi-year recovery, once earnings hit an inflection point.
| Upcoming key dates | |
| Full year financial results | 10 February 2022 |
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