The local market is looking well placed with the current move up and is taking a pause today.
Interesting to see Apple break to new highs after a big sell-down of stock from Warren Buffet’s Berkshire.
A locally listed bitcoin ETF from Vanguard made a fresh high today as Bitcoin moved past the US$100,000 level.
Maas Group could break higher after the recent capital raising is bedded down.
Myer has moved above the recent resistance zone.
Woolworths stock is in the doldrums close to 4 year lows.
Coles is trading close to all-time highs.
Whitehaven Coal could be forming a bullish flag type pattern.
Life 360 is having a great year.
Jumbo Interactive is bouncing off the support zone.
Select Harvest looks to be making a bottoming pattern.
Gold miner Newmont is back to a previous support zone.
This chart shows an interesting relationship between a rising yield curve, US jobless claims and the last four US recessions. Remember correlation is not necessarily causation.
Disclaimer: The commentary on different charts is for general information purposes only and is 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.
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