Momentum Monday 29th April 2024
Welcome to Momentum Monday.
It certainly felt choppier than it was last week, and is a prime example of why I now try to ignore the goings on of the market and follow the directions of the lines.While noise might get louder, for now there is little change to sentiment. This doesn't bother me. Of course it would if I was 100% in cash, but I am not. I have an allocation to cash in the case of a rainy day. But despite the noise - it ain't today.
Interesting links
Weekend Watchlist with Shares for Beginners this week is a Stock Not like when it listed. It is S32 South32 Limited. Listen here to the replayI recently wrote an article for the AFR noting the arrival of AI that we have noticed 20 years too late and stocks that will likely benefit. You can read it here. Given the tyranny of timing one company has had a capital raining and another i being taken over. But it doesn;t change the narrative.Our “Empower Others” referral program will e undertaking a change. For now we maintain the current system, be sure to...