There are new Signals.
For our Members, please find below the latest list of signals.
There are new Signals.
For our Members, please find below the latest list of signals.
Iluka
Iluka Resources is added to our watchlist and we’ll revisit this one later in the week.
S&P500 Magnificent Seven
The biggest contributors to the S&P 500’s banner year have been the usual suspects, currently dubbed the Magnificent Seven, which are Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla. This group is up 75% in 2023, while the remaining 493 companies in the S&P 500 are about 12% higher.
S&P500 PE Valuation
S&P500 PE valuation excluding the magnificent 7 is trading at the long-term average of 16x, suggesting that most of the market is at fair value.
Crude Oil Futures
Crude Oil futures are trading at $71.50
Boss Energy
Boss Energy is producing uranium, and therefore can take advantage of the current high price. Uranium prices have doubled in 2023 and are now trading at 15-year highs of US$87/lb.
Level 29 Chifley Tower
2 Chifley Square
Sydney, NSW 2000
1300 614 002
Investor Signals Pty Ltd
ABN 44 143 555 453
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