10 March 2022

Welcome to a new issue of Stockfox’s weekly newsletter. Let’s see what has been going on in the share markets this week.

Market Overview

The graph below shows the price of coal over the past 12 months. As you can see, it is up nearly 100% since Russia invaded Ukraine two weeks ago. Russia supplies 70% of Europe’s thermal coal and other forms of energy, such as oil and gas, and due to the trading sanctions placed on Russia, coal prices are skyrocketing.

This is causing a huge demand for Australian coal, as global supply is low. Coal prices are likely to stay elevated as long as tensions remain in Ukraine. But it is extremely common for prices to correct after rising as rapidly as coal has done, so always proceed with caution when reacting to sudden price movements.

Tip of the Week

This week’s tip of the week is for a NASDAQ-listed leaser of household durable goods. The company’s price is recovering after a poor fourth quarter result that caused their share price to fall.

See the tip here.

What’s New

One of our valued partners is portfolio monitoring service Sharesight, and a great thing about our relationship with them is that you can connect your Sharesight account to your Stockfox account. This makes the journey from following our advice, to making a trade, to seeing how your investments are performing seamless.

It’s really easy to connect your accounts. We’ve created an instructional video to show you how to do it. You can read about the Stockfox/Sharesight integration and watch the video here.

Top Tips

Here are two of our best-performing retail industry-related company tips over the past three months, plus one where we didn’t get it quite right but issued a stop loss recommendation to help investors mitigate the impact.

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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