The ASX200 again outperformed most global indices last week rallying impressively towards all-time highs, with April commencing on Friday things look good for local stocks short-term i.e. seasonally we’re coming into the 2nd best month of the year, just behind December. We’ve maintained a net bullish / “buy the dip” stance through 2022 which has worked nicely, short-term the market still “looks & feels great” with a pop to new highs remaining our preferred scenario.
- However remember while we are bullish short-term MM’s preference in 2022 is to “sell the pop”.
MM is bullish the ASX200 into April
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