The ASX moves higher and looks positive on the weekly charts as the August Reporting Season commences. US markets continue to surge upwards. Gary Glover of Novus Capital explores the charts to see where the support lies and how the markets may get there. Looking at the trading shares to monitor in this phase of the market and understanding the technical aspects of the US and AU indices. Glover looks at the leading market indices and shares for trading this week.
Glover explores new trading shares and their charts to review the current market position, indicators and momentum for the the trades he’s placing this week.
Gary Glover is an experienced market professional with two decades of swing trading and technical analysis advisory services. Glover is well known for his insights on the ASX 200, S&P500, NASDAQ and Dow Jones insights using Wycoff Theory, Mark Minervini trading strategies and Volatility Contraction Patterns to help clients decide what the best stocks to buy now are.
Portfolio update 0:16
S&P500 technical update 1:59
Fibbonacci levels on SP500 2:35
NASDAQ technical insights 3:57
NASDAQ Monthly chart 6:34
XJO ASX200 weekly chart 8:03
Adbri ABC ASX 10:13
Flight Centre FLT ASX 12:30
Jumbo Interactive JIN ASX 14:03
Xero XRO ASX 15:14
Sandfire SFR ASX 16:40
Contacting Gary 18:04
Finer Market Points connects leading market themes with the best performing companies for better trading. Finer Market Points is presented by Christopher Hall with Shares In Play looking at the best performing growth shares and ASX small caps riding the tailwind of the industry themes leading the market higher. The Hot stocks to trade now range from ASX 200 blue chips to small tech stocks and mining stocks with the strongest performances.
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General Advice Warning:
The advice in this newsletter is of a general nature only and has been prepared without taking into account any of the objectives, financial situation or needs of any person. Before making an investment decision on the basis of any advice in this document, you need to consider, with or without the assistance of a financial adviser, whether the advice is appropriate in light of your particular objectives, financial situation and needs. Presenters may have commercial interests in the investments discussed
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