A surprising win by the Coalition government boosted the local share market to 12 year highs led by health insurers and the banks.
NIB Holdings rose 15 per cent after the election.
The Australian dollar has been falling in some part due to anticipation of a rate cut.
We added a small parcel to the Polynovo holding after a strong bounce up from a support level.
CSL has edged up past the $200 mark once again.
Westgold has been one of the stronger gold miners and looks to have another leg up coming.
EML Payments hit a fresh high
Netwealth looks close to breaking up past old highs.
Santos is in a small sideways consolidation before the next directional move.
Auckland Airport looks to have consolidated the recent break higher.
Table
Disclaimer: The commentary and trading positions taken are for educational purposes only and are not an invitation to trade. Trading is risky and individuals should seek Professional counsel before making any financial decisions. Many thanks to Incredible Charts.com software for most of the charts used in the column.
Monitor, measure, manage and maximise… Cheers Charlie.
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