After some good buying from us last week, we will look to add some small extras today/tomorrow as the Trump Tariff circus is likely to calm down. Investors were cleaned out of any significant long or short positions after the volatility last week, so we don’t expect volatility to spike back to last weeks levels
We think the next phase will be a grind higher over the coming weeks as investors focus on US company earnings which will be retrospectively positive against analyst forward predictions.
The next leg down is likely triggered by recession or stagflation fears as the DOGE job cuts start to show in next months employment data and the CPI starts to show tariffs in the numbers.
All in all we are predicting a rally for the next 4 weeks and the next few days are a likely buying opportunity until next month.
This will bring us to 30-40% cash and we have a high allocation to Gold miners which are rallying. The buying this morning is part of the broader plan to Dollar Cost Average over the coming months
Goodman Group GMG:ASX
The AI thematic isn’t going away over the medium to long term and GMG is placed very well with their recent data center capital raise
Vaneck Healthcare ETF IXJ:ASX
The major healthcare names were hit hard last week, but int he long-term, the US is tied to big-pharma for the foreseeable future
Macquarie MQG:ASX
Bank stocks in the US will release earnings this week and they should consistently beat analysts predictions. This should see global financials catch a bid tone.
Disclaimer: The recommendation given is general advice only. It does not take into account your personal objectives, financial situation, or specific needs. This information should not be your sole resource when making such decisions. We strongly recommend you to seek the advice of financial, taxation, and legal professionals before finalising any investment decisions.