1 October we become SureStone CapitalSame team, same ABN. Our website and email addresses move to surestone.com.au.
Preparing video
Gemma Dale from nabtrade observes a market recovery, noting increased buying on down days, driven by stocks like Wisetech (ASX:WTC) and Mineral Resources (ASX:MIN). She remarks Wisetech hasn't captured public interest despite institutional focus, while Mineral Resources sees keen trading due to existing popularity.
Gemma mentions strong ETF buying, especially on down days as a wealth strategy. She highlights interest in lesser-known nanotechnology stocks showing active trading after positive test results. Fortescue and BHP enjoy high trading volumes, while travel stocks like Flight Centre (ASX:FLT) garner attention due to recent price falls.
Regarding banks, Gemma notes trimming in stocks like CBA (ASX:CBA) and Macquarie (ASX:MQG), with investors reluctant to buy at high prices but happy to take profits. Internationally, Louis Vuitton Moet Hennessy faces selling pressure (OTCM: LVMUY), while BYD (XHKG: 1211) sees large position buying by a few investors.
