Weekly Wrap 21 May

21/05/2021 7 min
Weekly Wrap 21 May

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Episode Synopsis

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)