At our first meeting in November we looked at Stocks which showed a promising chart during 2020 compared to the four big Banks and Telstra. Most of these companies had shown considerable upside during 2020, with several also showing a healthy dividend yield.
At our second meeting we noted that the market had broken out of the tight trading range that had been the pattern since June 2020 with a 3.5% surge in one week in November. The outcome of the American elections indicated a Democrat President and a Republican Senate which some commentators deemed to be the most favourable outcome for the American market, and possibly our market also.
Our final meeting for 2020 will be held on Friday 4th December 2020 at 2pm by Zoom.
May I take this opportunity to thank you all for your participation in Investment during 2020 and to wish you a Happy Christmas and a distinctly different and more sociable 2021.
Margaret Jenkins
At our second meeting we noted that the market had broken out of the tight trading range that had been the pattern since June 2020 with a 3.5% surge in one week in November. The outcome of the American elections indicated a Democrat President and a Republican Senate which some commentators deemed to be the most favourable outcome for the American market, and possibly our market also.
Our final meeting for 2020 will be held on Friday 4th December 2020 at 2pm by Zoom.
May I take this opportunity to thank you all for your participation in Investment during 2020 and to wish you a Happy Christmas and a distinctly different and more sociable 2021.
Margaret Jenkins
