Short Sellers are targeting ANZ, CBA, NAB and WBC! Here's what you can do about it (and CSL is UP!)
ChartWatch *LIVE* webinars give you the chance to get your favourite ASX stocks analysed by Australia's premier technical analyst.
Mentioned
KEY POINTS
- Short sellers are betting recent property tax changes are going to crash Australian bank stocks — and they're ramping up their attacks on ANZ, CBA, NAB, and WBC. What do the charts of the big banks say now: buy, hold, or sell?
- CSL has rallied over 14% in a week, and investors are questioning whether the low is in. It has appeared as a sell/short 92 times in ChartWatch ASX Scans, but for the first time in a year, Carl says "kamikaze buy-the-dippers" are in with a chance!
- In the biggest ChartWatch *LIVE* ever, you'll also find a damning sector review on ASX gold stocks, plus sector reviews on defence stocks and coal stocks.
Welcome to our weekly ChartWatch *LIVE* Webinar series. Hundreds of Aussie investors joined me at lunchtime to learn more about technical analysis by using the ASX stocks they’re interested in as case studies.
But that’s the point of ChartWatch *LIVE*: it’s not up to me to set the agenda – it’s up to you! 🫵
Click the "Watch on YouTube" button in the player above, or go to our YouTube page, to check out our other fantastic technical analysis videos when you're done with this one!
If you attended, I trust that you enjoyed the session and leant plenty about how to think and act like a trend following technical analyst. If you weren't able to make it, or if you haven't registered yet, then I hope you can join me Wednesday, 17 June, at 12:00pm AEDT for the next instalment. Be sure to bring an open mind about investing plus two of your favourite ASX stocks for me to analyse!
In this week's edition (click links to jump to a segment of the video 📺!)
00:00 Introduction
01:15 PORTFOLIO MANAGEMENT MODEL Nasdaq, ASX 200
11:00 MACRO AROUND THE GROUNDS Bond yields, inflation expectations, and the rise and rise of CASH! 💰
15:30 Brent Crude Oil, High Grade Copper, Gold and Silver
36:10 Bendigo and Adelaide Bank (BEN), Bank of Queensland (BOQ) and Macquarie (MQG)
01:01:30 Regis Resources (RRL), Ramelius Resources (RMS), Northern Star Resources (NST), Emerald Resources (EMR), Perseus Mining (PRU), Vault Minerals (VAU), and Westgold Resources (WGX)
01:08:40 HOW TO GET CARL'S TREND RIBBONS
01:10:00 SIGNOFF & DISCLAIMER
ChartWatch *LIVE* Webinar
ChartWatch *LIVE* Webinars – WEEKLY Wednesday's @ 12pm AEDT
Learn more about technical analysis and trend following through real case studies on ASX stocks. Australia's premier technical analyst, Carl Capolingua, shares his unique insights on stocks as requested by viewers. Ask about a company in your portfolio or anything related to trading and investing and get Carl's expert opinion.
Places are limited so >REGISTER NOW!<

