Two stocks that caught my eye yesterday were TWE and a2 Milk (A2M) both China facing, their gains weren’t significant but over 3% still had them on the leaders board. Subscribers should always remember that stocks usually form major bottoms when the news is at its worst e.g. the banks during the Royal Commission. Both A2M and TWE are cheap if Australia’s trade relationship with China can improve anywhere back towards just a few years ago.
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Performance update for March, stocks that drove returns & our current positioning
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Fri 19th April – ASC200 -117pts, Pilbara (PLS), Whitehaven (WHC) & Woodside (WDS)
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Market Matters Research Lead Shawn Hickman with David Koch
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Friday 19th April – DOW up 22pts, SPI down -55pts
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MM is watching China facing stocks carefully
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