Far East Capital Newsletter
Chalice has a real company maker in Julimar
3 May 2020

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Chalice has a real company maker in Julimar

After looking as if it was trying to recapture the steep, short term uptrend, the All Ord was brutalised on Friday with a 4.9% slump. Perhaps this was a reality check as the strength in the markets, albeit from extreme lows, has seemed somewhat out of kilter with the economic outlook.

The Sentiment Oscillator has been surging steeply in recent weeks, but it looks like this run could be coming to an end soon. Continue to expect volatility and uncertainty for an indefinite period of time but there will continue to be plenty of trading opportunities. 

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