In Q4 2023, the group achieved a market-weighted average of 60% YoY operating profit expansion, while Apple contributed an underperforming 11%.
Apple and Google are under recent algo engine buy signals, and we’re now building exposure within the identified value ranges.
We’re bullish on China tech giants following the increased buyback programs now in place.
JD recently announced that it would increase its buyback program by $3 billion, representing 7% of its market cap.
Alibaba upped its authorized buybacks by $25 billion and committed to retiring 3% of shares annually.
Woolworths Group is a counter-trend trade and requires a tight stop loss at $32.60
Rio Tinto is under Algo Engine buy conditions. Investors may consider accumulating the stock within the $105 – $115 value range.
Traders should be focused on short-term momentum and wait for the stochastic to turn higher or for a break above the 10-day moving average.
CMCSA:NAS is under Algo Engine buy conditions, and at 10x earnings, the valuation is not demanding.
Peacock revenue increased by 57%, surpassing $1B in quarterly revenue for the first time; Peacock paid subscribers increased nearly 50% year over year to 31M.
Full Year 2023:Total Return of Capital of $15.8B
{ZS.NAS} trades on a high PE ratio, and further selling into the $150 price range is our target.
AAPL:NYS is under Algo Engin buy conditions. We see long-term value for investors within the $140 – $170 price range.
SHOP:NYS is added to our buy list with a stop loss of $72.64
Our crypto algo engine has generated a 740% return since October 2023. The automated trading model focuses on large-cap momentum.
Recent portfolio additions include;
For all enquiries, please call 1300 614 002.
Bitcoin surpassed its November 2021 record high on Tuesday as demand for the token continued to be filed by excitement over spot bitcoin ETFs and the April halving event. Our Algo Engine generated a buy signal in January and the holding is up 71% after 47 days.
The red arrow suggests we’re nearing a short-term peak and traders may look at hedging any long exosure on a downturn in the price momentum.
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