21 December 2021
Welcome to the last Stock Take issue for the year. We hope you have a great Christmas and New Year’s break. Here’s the final update about the share markets for 2021.
The Dow Jones index has broken through the 90-day moving average line for the second time this month. Although this may sound like something to be worried about, the real cause of concern will come once it breaks through the support line of 34,000.
The outlook for America’s industrial sector is looking somewhat stable, and we think there may be a nice rebound back through the 90-day moving average in time for Christmas.
Did You Know
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Still thinking about what to give your investor friends for Christmas? Give them the gift of a subscription to Stockfox!
A great last minute Christmas present, there are three subscription choices, and you can buy it from the comfort of your own home – no need to face the masses at the mall! Buy it online here.
Tip of the Week
This week’s tip of the week is for a NZX-listed company that provides services to the chemical and hazardous goods industry. The company’s share price was weak last month but we believe it is recovering due to their strong earnings growth next year following some acquisitions.
See the tip here.
2021 had its ups and downs but the share market has managed to see its fair share of success. Here are the best performing tips from the last three months.
See the performance of all Stockfox tips here.
NB: These are examples of just some of Stockfox trading recommendations. They are not a reflection of the success of all Stockfox tips, nor are they necessarily an indication of the success of any future Stockfox tips. If you act on our advice, there is no guarantee as to the repayment of your investment or any particular rate of return.
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