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Weekly Wrap 21 May
With the end of financial year (EOFY) approaching, investors are rebalancing their portfolios. Quantitative traders watch on as the market teeters on a technical sell signal, which could pull the market back further if activated. In this week’s wrap, Jessica covers:
- (0:25) Two key EOFY considerations
- (1:47) Investors buying the dip, into Tech
- (2:02) Artificial intelligence giant Appen (ASX:APX) rising 25%
- (2:41) Why it’s worth keeping an eye on Aristocrat Leisure (ASX:ALL) & Eagers (ASX:APE)
- (4:32) Economic news to watch out for next week
- (4:45) Trading ideas: Virgin Money (ASX:VUK), Afterpay (ASX:APT)
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