Trading in the New Economy

The market message has turned strongly more positive, with improving breadth in the US, a much better tone across multiple sectors, and an explosive breakout in gold. In this update, Garry Davis looks at the broader change of character across markets, what the latest money flows are signalling, and why being organised still matters when volatility can return quickly. Watch on YouTube View our scoreboard of results Update summary The US market continues to absorb bad news, earnings remain supportive, and participation is broadening well beyond the usual large-cap leaders. At the same time, parts of the AI trade have reset without clearly breaking, while Australia may be entering a more favourable phase, particularly across resources. Gold was the standout move, with miners responding even more strongly than the underlying metal. Key message The bigger question now is not simply whether markets look bullish. It is how to participate with a process that suits your psychology, your plan and your risk tolerance. Opportunities are expanding, but the market is still treating stocks on their merits, so weightings, cash levels and exit rules remain important. What you'll learn Why the bullish case in the US looks stronger now Why improving market breadth matters How to think about the AI reset without following the herd Why the gold breakout and strength in miners are important Where the Australian opportunity set may be improving Why organisation, weightings and exit rules still matter in a bullish market If you value calm, rational and objective market analysis, you can learn more about the Insiders Club here: Join the Insiders Club If you would like to learn more about our individually managed account service, you can enquire here: Portfolio Manager Any advice in this video is general advice only. Neither your personal objectives, financial situation or needs have been taken into consideration. Accordingly, you should consider how appropriate the advice, if any, is to those objectives, financial situation and needs, before acting on the advice. Garry Davis (AR No:317590) is an authorised representative of Primary Securities Ltd (AFSL No. 224107). Note to traders* The publishers of this material wish to disclose that they may hold stocks mentioned in their portfolios and that any decision to purchase those stocks should be made only after the purchaser has made their own enquiries as to the validity of any information in this material. Past performance should not be taken as an indicator of future returns. It must also be noted that trading in the stock market involves risk of losing money. Investors and traders can take numerous steps to mitigate such risks with a clear plan, clear targets and entry prices, and strong support from an experienced trader. This approach underpins everything we do and is where we advise every member to start, and you have access to Garry to support you in creating a trading plan that suits your risk profile, timeframe and capital allocation.

Markets are rewarding discipline and punishing anyone trying to make sense of every headline in real time. In this update, Garry Davis explains why AI and semiconductor weakness, rising bond yields, gold's tightening setup and a highly selective earnings season all point to the same conclusion: get organised before the market forces you to react. Watch on YouTube View our results scoreboard The evidence for AI demand and cloud monetisation is strengthening, but the return on an increasingly debt-supported hyperscaler capital expenditure cycle is still unresolved. At the same time, leverage unwinds and forced selling have amplified semiconductor volatility, while money appears to be rotating rather than leaving the market. Gold and silver are coiling near an important inflexion point, and the Australian earnings season is likely to punish even minor disappointments. These conditions can create outstanding opportunities, but only for investors who are organised enough to avoid emotional decisions. For ongoing market guidance, portfolio recommendations, education and direct support, learn more about the Insiders Club. For an individually managed account where you retain visibility and control, learn more about Portfolio Manager. You do not need to predict the next move. Cash is a position. A clear purpose, weighting plan and exit process allow you to wait for confirmation and act when the risk/reward becomes favourable. What you'll learn What recent hyperscaler results prove about AI demand — and what remains unresolved Why crowded, leveraged trades can overwhelm compelling fundamentals in the short term Why the semiconductor correction still requires confirmation before trying to pick a bottom What rising bond yields are signalling while the Fed holds rates steady Why gold and silver appear close to a forceful move, but direction still needs confirmation How cash, portfolio weightings and a clear process can turn volatility into opportunity Any advice in this video is general advice only. Neither your personal objectives, financial situation or needs have been taken into consideration. Accordingly, you should consider how appropriate the advice, if any, is to those objectives, financial situation and needs, before acting on the advice. Garry Davis (AR No:317590) is an authorised representative of Primary Securities Ltd (AFSL No. 224107). Note to traders* The publishers of this material wish to disclose that they may hold stocks mentioned in their portfolios and that any decision to purchase those stocks should be made only after the purchaser has made their own enquiries as to the validity of any information in this material. Past performance should not be taken as an indicator of future returns. It must also be noted that trading in the stock market involves risk of losing money. Investors and traders can take numerous steps to mitigate such risks with a clear plan, clear targets and entry prices, and strong support from an experienced trader. This approach underpins everything we do and is where we advise every member to start, and you have access to Garry to support you in creating a trading plan that suits your risk profile, timeframe and capital allocation.

AI earnings season has begun, and the market is no longer accepting spending promises at face value. In this update, Garry Davis examines what Google's result and the market response are signalling about hyperscaler capital expenditure, free cash flow and the changing leadership across US markets. Watch on YouTube | View our scoreboard of results The first major hyperscaler result has reinforced what the charts were already showing: AI and technology leadership is weakening, while money is rotating into other parts of the market. That does not invalidate the long-term AI opportunity, but it does make price, timing and stock selection far more important. Garry also looks at the improving relative strength in healthcare, financials, industrials and energy, the resilience of smaller companies, and the early signs that gold and silver may be forming a base after a substantial pullback. If you value clear, probability-based analysis and practical guidance across Australian and US markets, you can learn more about the Insiders Club here: Join the Insiders Club If you would prefer an individually managed account rather than making every portfolio decision yourself, you can enquire here: Portfolio Manager Key message A buy-the-dip opportunity in AI will come, but the current evidence does not yet favour assuming that every decline is an immediate entry point. The long-term theme can remain intact while the short-term reward for risk deteriorates. Follow the money flows, reassess weightings and look more widely for strong businesses where downside appears more limited and upside is building. What you'll learn Why the market is questioning whether hyperscaler spending can produce an acceptable financial return What falling forward free cash flow means for the bullish and bearish AI cases Why technology and semiconductors are losing relative momentum Where leadership is emerging as money rotates rather than leaves the market Why a gold and silver basing pattern may be forming, without confirming an immediate reversal Why stock selection and entry timing matter more as broad market leadership narrows Any advice in this video is general advice only. Neither your personal objectives, financial situation or needs have been taken into consideration. Accordingly, you should consider how appropriate the advice, if any, is to those objectives, financial situation and needs, before acting on the advice. Garry Davis (AR No:317590) is an authorised representative of Primary Securities Ltd (AFSL No. 224107). Note to traders* The publishers of this material wish to disclose that they may hold stocks mentioned in their portfolios and that any decision to purchase those stocks should be made only after the purchaser has made their own enquiries as to the validity of any information in this material. Past performance should not be taken as an indicator of future returns. It must also be noted that trading in the stock market involves risk of losing money. Investors and traders can take numerous steps to mitigate such risks with a clear plan, clear targets and entry prices, and strong support from an experienced trader. This approach underpins everything we do and is where we advise every member to start, and you have access to Garry to support you in creating a trading plan that suits your risk profile, timeframe and capital allocation.

Friday's sharp intraday recovery showed that buyers are still present. It did not confirm that the market has formed a low. In this update, Garry Davis explains why forced selling and leverage are creating unusually fast market moves, what the next six weeks of major earnings could reveal, and why a repeatable process matters more than predicting the top or bottom. Watch on YouTube Markets are at an important crossroads. Friday's rebound was constructive, but the recovery did not hold strongly enough to confirm a change in control from sellers to buyers. At the same time, the resilience of US small caps suggests this may still be a rotation and leverage reset rather than a wholesale exit from equities. The next phase will be shaped by major US earnings, guidance and—most importantly—how markets respond in the 48 to 72 hours after each result. A strong report is no longer enough if investors are unwilling to reward it. Key message This is not a time for heroic predictions or automatic dip-buying. Raise or reduce exposure according to the evidence, manage weightings and cash levels, and wait for the charts to show that buyers have regained control. What you'll learn Why Friday was a signal, but not confirmation of a market low How leverage and forced selling can overwhelm strong fundamentals Why the next six weeks of earnings could influence global market direction What would indicate that buyers are beginning to regain control How pre-planned weightings, cash levels and exit rules reduce emotional decisions Why a strong process remains valuable even when an individual call is early or wrong For daily market analysis, portfolio recommendations and a repeatable risk-management process, join the Insiders Club. For investors seeking an individually managed account, learn more about Portfolio Manager. Any advice in this video is general advice only. Neither your personal objectives, financial situation or needs have been taken into consideration. Accordingly, you should consider how appropriate the advice, if any, is to those objectives, financial situation and needs, before acting on the advice. Garry Davis (AR No:317590) is an authorised representative of Primary Securities Ltd (AFSL No. 224107). Note to traders* The publishers of this material wish to disclose that they may hold stocks mentioned in their portfolios and that any decision to purchase those stocks should be made only after the purchaser has made their own enquiries as to the validity of any information in this material. Past performance should not be taken as an indicator of future returns. It must also be noted that trading in the stock market involves risk of losing money. Investors and traders can take numerous steps to mitigate such risks with a clear plan, clear targets and entry prices, and strong support from an experienced trader. This approach underpins everything we do and is where we advise every member to start, and you have access to Garry to support you in creating a trading plan that suits your risk profile, timeframe and capital allocation.

The AI trade has rotated, and gold may be getting closer to a bottom. In this update, Garry Davis explains why semiconductor risk has risen in the short term, where money is moving, and what still needs to happen before gold can be treated as a confirmed recovery. Watch on YouTube The long-term semiconductor thesis remains compelling, but the character of money flows has changed. Wider swings and heavier selling call for deeper entries and sensible weightings. Meanwhile, the broader market is rotating rather than being deserted, and gold's downward momentum is slowing without yet confirming a bottom. Key messageThe market does not owe investors certainty. Respond to the evidence by rebalancing progressively, keeping some cash and waiting for confirmation rather than blindly buying every dip. What you'll learn Why semiconductors are now a higher-risk short-term trade Where market leadership is rotating Why strong fundamentals are not a timing signal What would confirm a bottom in gold and gold stocks How to rebalance without abandoning long-term themes If you value calm, rational and objective market analysis, you can learn more about the Insiders Club here: Join the Insiders Club If you would like to learn more about our individually managed account service, you can enquire here: Portfolio Manager Any advice in this video is general advice only. Neither your personal objectives, financial situation or needs have been taken into consideration. Accordingly, you should consider how appropriate the advice, if any, is to those objectives, financial situation and needs, before acting on the advice. Garry Davis (AR No:317590) is an authorised representative of Primary Securities Ltd (AFSL No. 224107). Note to traders* The publishers of this material wish to disclose that they may hold stocks mentioned in their portfolios and that any decision to purchase those stocks should be made only after the purchaser has made their own enquiries as to the validity of any information in this material. Past performance should not be taken as an indicator of future returns. It must also be noted that trading in the stock market involves risk of losing money. Investors and traders can take numerous steps to mitigate such risks with a clear plan, clear targets and entry prices, and strong support from an experienced trader. This approach underpins everything we do and is where we advise every member to start, and you have access to Garry to support you in creating a trading plan that suits your risk profile, timeframe and capital allocation.

A wild week in markets produced no shortage of scary headlines. In this update, Garry Davis explains why investors should be careful about jumping to conclusions too quickly, and why calm, rational analysis still matters most when volatility rises. Watch on YouTube This week's update steps back from the noise and focuses on what actually changed, what did not, and what investors should watch next. The message is simple: one wild week does not automatically prove the bearish case. Key message Scary headlines can create pressure to react, but the best investors stay objective. Let the evidence build. Let the charts and money flows speak. Avoid making big decisions on incomplete information. What you'll learn Why one volatile week is not enough to draw major conclusions How to separate scary headlines from real evidence What would need to happen for the bearish case to strengthen Why chart structure and money flows remain central in volatile markets Where Garry is focused now across markets If you value calm, rational and objective market analysis, you can learn more about the Insiders Club here: Join the Insiders Club If you would like to learn more about our individually managed service, you can enquire here: Portfolio Manager Any advice in this video is general advice only. Neither your personal objectives, financial situation or needs have been taken into consideration. Accordingly, you should consider how appropriate the advice, if any, is to those objectives, financial situation and needs, before acting on the advice. Garry Davis (AR No:317590) is an authorised representative of Primary Securities Ltd (AFSL No. 224107). Note to traders* The publishers of this material wish to disclose that they may hold stocks mentioned in their portfolios and that any decision to purchase those stocks should be made only after the purchaser has made their own enquiries as to the validity of any information in this material. Past performance should not be taken as an indicator of future returns. It must also be noted that trading in the stock market involves risk of losing money. Investors and traders can take numerous steps to mitigate such risks with a clear plan, clear targets and entry prices, and strong support from an experienced trader. This approach underpins everything we do and is where we advise every member to start, and you have access to Garry to support you in creating a trading plan that suits your risk profile, timeframe and capital allocation.

The AI trade has entered a new phase. Micron has helped prove that AI infrastructure demand is real, but the market is now asking a harder question: which companies can turn that demand into genuine economic returns? For the full experience, watch the YouTube video View our scoreboard of results In this week's update, Garry Davis looks at why Q3 earnings are now pivotal for the AI trade, what Micron revealed about the infrastructure build-out, and why the next phase may split genuine winners from companies simply riding the theme. The key message is that the easy phase of the AI trade is likely over. Demand has been proven, but demand alone is no longer enough. The market now wants evidence of pricing power, margins, cash conversion, backlog quality and credible payback on the enormous capex being deployed across the sector. What you'll learn: Why Micron was such an important earnings signal for the AI infrastructure build-out Why the market is moving from AI demand to AI economic proof What hyperscaler earnings need to show about capex, pricing and customer demand Why the next phase may split the genuine AI winners from the passengers How to think about volatility, risk management and stock selection before the July earnings window If you want a clearer process for navigating ASX and US market opportunities, the Insiders Club provides portfolio recommendations, daily Market Alerts, regular market analysis videos, education and ongoing support. New members can join the Insiders Club for $149 per month for the first two months, then $249 per month after that. Offer closes June 30. There is no lock-in, so you can try the service and decide whether it suits your style. Learn more about the Insiders Club For investors who would prefer professional portfolio management rather than making every decision themselves, Portfolio Manager may be a more suitable option. Any advice in this video is general advice only. Neither your personal objectives, financial situation or needs have been taken into consideration. Accordingly, you should consider how appropriate the advice, if any, is to those objectives, financial situation and needs, before acting on the advice. Garry Davis (AR No:317590) is an authorised representative of Primary Securities Ltd (AFSL No. 224107). Note to traders* The publishers of this material wish to disclose that they may hold stocks mentioned in their portfolios and that any decision to purchase those stocks should be made only after the purchaser has made their own enquiries as to the validity of any information in this material. Past performance should not be taken as an indicator of future returns. It must also be noted that trading in the stock market involves risk of losing money. Investors and traders can take numerous steps to mitigate such risks with a clear plan, clear targets and entry prices, and strong support from an experienced trader. This approach underpins everything we do and is where we advise every member to start, and you have access to Garry to support you in creating a trading plan that suits your risk profile, timeframe and capital allocation.

Tech is still leading, commodities are under pressure, and the US dollar has just added a new complication. That makes this a useful time to step back and ask whether your portfolio is still balanced for the market in front of you, not the market you would prefer to see. For the full experience, watch the YouTube video View our scoreboard of results In this week's update, Garry Davis looks at the evidence behind the tech versus commodities split, including the NASDAQ, semiconductors, gold, copper, the US dollar breakout and the portfolio decisions investors may need to consider now. The key message is that strong trends can keep running much further than logic suggests, but volatility is also increasing. That means portfolio balance, position sizing and psychology are becoming more important, especially for investors who are exposed to both high momentum tech and longer-term commodity themes. What you'll learn: Why US technology and semiconductors remain the dominant area of market leadership Why the US dollar breakout creates a clear short-term headwind for commodities How to think about gold, copper and miners when the long-term case remains intact but the short-term price action is difficult The three practical portfolio choices investors can consider after a strong market run Why stock-specific growth stories may still offer better risk/reward than broad market exposure If you want a clearer process for managing ASX and US market opportunities, the Insiders Club provides portfolio recommendations, market updates, trading alerts, education and ongoing support. Learn more about the Insiders Club For investors who would prefer professional portfolio management rather than making every decision themselves, Portfolio Manager may be a more suitable option. Any advice in this video is general advice only. Neither your personal objectives, financial situation or needs have been taken into consideration. Accordingly you should consider how appropriate the advice, if any, is to those objectives, financial situation and needs, before acting on the advice. Garry Davis (AR No:317590) is an authorised representative of Primary Securities Ltd (AFSL No. 224107). Note to traders* The publishers of this material wish to disclose that they may hold stocks mentioned in their portfolios and that any decision to purchase those stocks should be made only after the purchaser has made their own enquiries as to the validity of any information in this material. Past performance should not be taken as an indicator of future returns. It must also be noted that trading in the stock market involves risk of losing money. Investors and traders can take numerous steps to mitigate such risks with a clear plan, clear targets and entry prices, and strong support from an experienced trader. This approach underpins everything we do and is where we advise every member to start, and you have access to Garry to support you in creating a trading plan that suits your risk profile, timeframe and capital allocation.

It's been one of the wildest weeks many investors will have seen for some time, with sharp swings in sentiment leaving plenty of people wondering what comes next. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=44VozqCD89c

Markets are pricing a relatively positive outcome from the US-Iran conflict, but what happens if peace does not come quickly? This week I look at the Strait of Hormuz, global supply chain risk, energy uncertainty, inflation pressure, and why the next few weeks may be important for markets. At the same time, the US technology sector continues to surge, with AI-related earnings and capital expenditure still driving major leadership. That creates a difficult backdrop for investors: powerful structural themes on one side, and unresolved geopolitical risk on the other. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=tm0SwBQrii4

The US market continues to push higher, with the S&P 500, Nasdaq and Russell 2000 all showing strong momentum. But the ASX is lagging, and Australian investors need to understand why. This week, I look at the earnings strength driving US markets, the sectors showing leadership, and why the Australian market is struggling to keep pace. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=_8zXJzrVK2U

Middle East risk remains unresolved, energy security is still a serious issue, and many investors are struggling to reconcile the headlines with what markets are actually doing. But the weight of money is making a major statement. In this week's update, I look at the strength in the NASDAQ, the role of semiconductors, the earnings support behind many US stocks, and the key signals that could trigger the next move in commodities, gold and silver. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=KsFdi8xuXMg

Forget logic. Right now, that may be one of the most important investing lessons. The market is doing what it often does at major turning points: ignoring the headlines and following the money. While the macro backdrop still looks uncertain, price action in the US has remained incredibly strong, and that tells us something important. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=KsFdi8xuXMg

Markets may be at a significant pivot point and we've been buying for several weeks in the Insiders Club, but that does not mean investors should throw discipline out the window. What matters now is not reacting emotionally to every headline. It is identifying where money is flowing, understanding which businesses are largely immune from the bigger picture risks we cannot control, and then acting with patience and proper risk management. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=UNJwgi0aW6s

There is a major threat to Australian investors that most people are still underestimating. In this follow up to Sunday's market update, I go deeper into why Australia's energy vulnerability could become a serious drag on parts of the share market, and why investors need to think differently if they want to protect capital and stay positioned for opportunity. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=IpSNN345uls

This week's market update tackles an issue I believe many Australian investors are still underestimating.Australia is an energy exporter, but we are also heavily dependent on imported fuel. That leaves large parts of the economy exposed in a way that could flow through to company earnings, even if the current conflict eases faster than expected. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=tkksUxZHgLE

The market has now broken more decisively, and while that is uncomfortable for many investors, it may also be moving us closer to a better low risk window. In this week's update, I explain why this shift matters, why opportunity does not disappear in falling markets, and why mindset is so important when fear starts to dominate the narrative. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=u0l-SdkiQYI

Markets like this are where most investors get pulled furthest away from good decision-making. When volatility spikes and headlines dominate, the natural temptation is to either freeze or try to predict the exact bottom. I think both approaches miss the point. What matters far more is having a repeatable process: knowing how to assess risk, how to think about bottom formations, and how to identify opportunities where the upside may be substantial but the uncertainty is lower. That is what I unpack in this week's update. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=65R3-EeTT-Q

Recent market volatility and the headlines around the US-Iran war have understandably rattled investors. But does this really change the long term opportunity set, or is it another period where fear is creating better entry points for quality stocks? In this week's update, I explain why I believe investors need more perspective right now, what past market shocks can teach us, and why trying to sell your best stocks in the middle of fear often backfires. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=acBqcVEf1nI

The dominant narrative right now is fear. War headlines, sharp reversals, heavy commodity volatility and plenty of noise from the media. But that does not automatically mean investors are looking at a systemic market breakdown. In this week's update, I explain why a lot of what we are seeing still fits the normal early signature of wartime markets. There is forced selling. There is rotation. There is headline driven volatility. But that is very different from broad market desertion or institutions rushing for the exits. For investors, that distinction matters. Because when the fundamentals remain intact, violent short term price action can create better entries rather than a reason to abandon a sound plan. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=hbEaR-mcpps

When markets are driven by headlines, prediction becomes the enemy. My focus is money flow first, fundamentals second. Price tells you where capital is actually moving. The goal is not to be right about geopolitics. The goal is to be aligned with the dominant flow, with clear risk defined if the market disagrees. Markets often react in two phases: an initial risk-off impulse, then a reassessment once the likely economic transmission mechanisms are clearer (oil, inflation, rates, and growth expectations). That reassessment can be fast. It is why I lean on confirmation in price and leadership rather than trying to trade the headline. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=rGbPWk4bEpM

Markets are dealing with a rare mix of uncertainty drivers, and tariff headlines are back in play. In this environment, prediction is a fast way to get whipsawed. The key is to recognise the two-speed market early: stay with leadership, avoid the weak that keep failing, and build a target list so you can act when the next high probability setups appear. I also cover why gold and silver are starting to look constructive again after a period of consolidation. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=nYljjvI-e7c

When volatility rises, most investors look for a story to make them feel certain. That's understandable, but it's also where people get trapped. The market is forward-looking, and when the pace of change accelerates, the narrative can lag badly. So the strategy is to simplify: focus on the weekly trend, respect where the money is flowing now, and adjust weightings accordingly. Fundamentals still matter for the longer term, but timing and risk management matter more when markets are repricing quickly. This week I explain why the speed of change (especially across tech and AI-related themes) is driving sharp rotations, why fundamentals can lag at pivotal points, and the simple strategy that tends to work best in markets like this. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=ithmyLlCvR4

In 2021 and into 2022 we saw leadership roll over, relative strength relationships deteriorate, and risk preferences rotate toward defensives. I'm seeing similar “warning type” behaviour in key ratios again. That does not guarantee the same outcome, but it does tell me the weight of evidence has shifted and we should stay selective. We have had an aggressive unwind fuelled by leverage and margin calls, and that can create “non normal” price action. The solution is not prediction. It's process: timing, position sizing, and focusing on what to avoid as much as what to buy. After a big week for commodities, I also outline why I remain constructive on the longer term outlook even after a sharp shakeout. For the full experience, watch the YouTube video at www.youtube.com/watch?v=NsOlcGh2qI4

Friday's sell off was a shock to the system, and it matters because confidence just broke. When that happens, markets often shift into volatile, stop start conditions. The goal is not to predict the next headline. The goal is to follow a process so you can protect capital and be ready for the opportunity this reset can create. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=4ivaFPusiec

Markets are facing an unusual cocktail right now: geopolitical flashpoints, bond market stress, and plenty of headline risk. Yet price action has stayed surprisingly calm, and that matters. In this week's update I explain why this can be a bullish signal, what I'm watching beneath the indices, and how I think about rotation, selectivity, and risk control when conditions are constructive. For the full experience, watch the YouTube video athttps://www.youtube.com/watch?v=kq2vhyeFkh4

A major rotation in global capital has been driving powerful moves across commodities, and the opportunity looks likely to keep unfolding through 2026. The key is not the headline. It's having a plan, reading the money flows, and managing volatility properly. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=u5IaOpG44gs

INSIDERS CLUB PROMO OFFER - https://www.specialistshareeducation.com.au/insiders-club- $399 for 3 months (47% discount)- 3 x $179/mth, then $249/mth ongoing For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=u5IaOpG44gs

INSIDERS CLUB PROMO OFFER - https://www.specialistshareeducation.com.au/insiders-club- $399 for 3 months (47% discount)- 3 x $179/mth, then $249/mth ongoing For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=Swb2NjNqq28

Market leadership has shifted. Tech and semis wobbled, but the broader market held up, and that usually signals rotation, not exit. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=Gw_XQmT1DZs

This week I unpack why I think a very specific corner of the ASX may have a genuine window of strength into 2026, and how I am positioning around it. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=hUaIrtb7hpM

The market didn't waste any time bouncing – but the leadership looks very different to a few weeks ago. In this update I walk through why I think the recent sell-off now looks like a classic bull market shakeout, not the start of a major top – and more importantly, how I'm pivoting portfolios from here. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=Wf-GBOvxQI4

Fear of a bigger correction is building, but the market's message is more nuanced than the headlines suggest. After a powerful tech-led run, the character of the price action has clearly changed – so what do the odds really say about a larger fall from here? In this week's update I look at the current pullback through the lens of probabilities and preparation, not prediction. I walk through the difference between a valuation reset inside an ongoing bull market and the early stages of a deeper correction, and how I'm managing risk without trying to “call the crash”. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=QxbrfLUIq58

Recent volatility has a lot of investors asking whether this is the start of a crash. In this week's update I explain why, in my view, what we're seeing is better described as a valuation reset and change of character in the most expensive parts of the market, not the beginning of a major bear market. High PE technology and AI leaders have finally flinched, money is rotating into other sectors, and intraday swings have picked up. But earnings in the US remain broadly solid and there is still plenty of liquidity. The key is to understand what's really driving the moves so you can respond rationally, not emotionally. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=pv_HiRporDs

Tops are processes, not moments. When breadth holds up and leadership rotates instead of collapsing, the higher-probability read is a mid-trend pause. In the video I walk through the signals I track to identify tops - distribution, momentum failure across leaders, and deterioration that persists - versus what looks like controlled pullback and rotation. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=tWkwYCUaleo

US–China have signaled another “truce”. Markets usually care more about earnings, liquidity and where money's flowing. In this week's episode I unpack what matters, what doesn't, and where the opportunities may sit across semiconductors, energy and metals. I also outline the conditions that can mark a bottom in gold. For the full experience, watch the YouTube video at https://www.specialistshareeducation.com.au/blog/us-china-truce-headlines-vs-reality-the-investing-perspective

Gold has pulled back and the “AI bubble” chorus is getting loud again. Context matters. In this update I put the headlines aside and look at money flows, leadership and earnings to separate signal from noise. You'll see why a gold reset can be healthy, how AI valuations compare with history, and the simple process I use to avoid prediction traps and focus on high-probability setups. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=R022pBJw8no

A wild week on Wall Street spilled into everything—equities, bonds, and metals. In this video I walk through how I'm reading the volatility regime, why money flows matter more than headlines, and what it can mean for the ASX. We'll also look at gold and silver's relative strength and how I'm handling entries, stops and position size while the tape chops. For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=Ma-YoZKZ4pQ

Friday's reversal jolted investors. Tariff headlines collided with a stretched market and nerves showed up fast. In this video I unpack what matters from here: breadth, leadership, liquidity and the levels that separate a routine dip from a genuine correction. For the full experience, watch the YouTube video at www.youtube.com/watch?v=eRQb4el78O8

How your thinking needs to change to be a great investor The incredible history of gains following start of rate cuts Small caps finally getting "the love" For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=PG852FMhykM $1 MEMBERSHIP - for more in depth market commentary, sector analysis and education plus weekly stock recommendations, join our $1 Trial of Portfolio Analyst – https://www.specialistshareeducation.com.au How to Construct a Successful Stock Portfolio that is right for YOU... for just $49 - https://www.specialistshareeducation.com.au/portfolio-construction FREE MINI COURSE - Trading with Precision, not Prediction - https://www.specialistshareeducation.com.au/twp-signup Any advice in this video is general advice only. Neither your personal objectives, financial situation or needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice. Garry Davis (AR No:317590) is an authorised representative of Primary Securities Ltd (AFSL No. 224107). Note to traders* The publishers of this material wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this material. It must also be noted that trading in the stock market involves risk of losing money. Investors and traders can take numerous steps to mitigate such risks with a clear plan, clear targets and entry prices, and strong support from an experienced trader. This approach underpins everything we do and is where we advise EVERY member to start, and you have access to Garry to support you in creating a trading plan that suits YOUR risk profile, timeframe, capital allocation etc.

Al robots for investing - a good idea? The folly of trading what "should be" & not "what is" Why this rally can continue For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=w23BreY5uG8 $1 MEMBERSHIP - for more in depth market commentary, sector analysis and education plus weekly stock recommendations, join our $1 Trial of Portfolio Analyst – https://www.specialistshareeducation.com.au How to Construct a Successful Stock Portfolio that is right for YOU... for just $49 - https://www.specialistshareeducation.com.au/portfolio-construction FREE MINI COURSE - Trading with Precision, not Prediction - https://www.specialistshareeducation.com.au/twp-signup Any advice in this video is general advice only. Neither your personal objectives, financial situation or needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice. Garry Davis (AR No:317590) is an authorised representative of Primary Securities Ltd (AFSL No. 224107). Note to traders* The publishers of this material wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this material. It must also be noted that trading in the stock market involves risk of losing money. Investors and traders can take numerous steps to mitigate such risks with a clear plan, clear targets and entry prices, and strong support from an experienced trader. This approach underpins everything we do and is where we advise EVERY member to start, and you have access to Garry to support you in creating a trading plan that suits YOUR risk profile, timeframe, capital allocation etc.

Volatility surges - is this a new "normal"? Growth is getting the accolades it deserves Where will you get your financial literacy to combat Al scams? For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=IeoIuTPnjps $1 MEMBERSHIP - for more in depth market commentary, sector analysis and education plus weekly stock recommendations, join our $1 Trial of Portfolio Analyst – https://www.specialistshareeducation.com.au How to Construct a Successful Stock Portfolio that is right for YOU... for just $49 - https://www.specialistshareeducation.com.au/portfolio-construction FREE MINI COURSE - Trading with Precision, not Prediction - https://www.specialistshareeducation.com.au/twp-signup Any advice in this video is general advice only. Neither your personal objectives, financial situation or needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice. Garry Davis (AR No:317590) is an authorised representative of Primary Securities Ltd (AFSL No. 224107). Note to traders* The publishers of this material wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this material. It must also be noted that trading in the stock market involves risk of losing money. Investors and traders can take numerous steps to mitigate such risks with a clear plan, clear targets and entry prices, and strong support from an experienced trader. This approach underpins everything we do and is where we advise EVERY member to start, and you have access to Garry to support you in creating a trading plan that suits YOUR risk profile, timeframe, capital allocation etc.

Markets get what they crave Very hard not to be bullish MT Precious metals on the move For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=ABE43My6nzY $1 MEMBERSHIP - for more in depth market commentary, sector analysis and education plus weekly stock recommendations, join our $1 Trial of Portfolio Analyst – https://www.specialistshareeducation.com.au How to Construct a Successful Stock Portfolio that is right for YOU... for just $49 - https://www.specialistshareeducation.com.au/portfolio-construction FREE MINI COURSE - Trading with Precision, not Prediction - https://www.specialistshareeducation.com.au/twp-signup Any advice in this video is general advice only. Neither your personal objectives, financial situation or needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice. Garry Davis (AR No:317590) is an authorised representative of Primary Securities Ltd (AFSL No. 224107). Note to traders* The publishers of this material wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this material. It must also be noted that trading in the stock market involves risk of losing money. Investors and traders can take numerous steps to mitigate such risks with a clear plan, clear targets and entry prices, and strong support from an experienced trader. This approach underpins everything we do and is where we advise EVERY member to start, and you have access to Garry to support you in creating a trading plan that suits YOUR risk profile, timeframe, capital allocation etc.

US market leadership narrows The local market sees lots of volatility around earnings The tricky balance between high growth & valuation For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=Ma18et7jn3o $1 MEMBERSHIP - for more in depth market commentary, sector analysis and education plus weekly stock recommendations, join our $1 Trial of Portfolio Analyst – https://www.specialistshareeducation.com.au How to Construct a Successful Stock Portfolio that is right for YOU... for just $49 - https://www.specialistshareeducation.com.au/portfolio-construction FREE MINI COURSE - Trading with Precision, not Prediction - https://www.specialistshareeducation.com.au/twp-signup Any advice in this video is general advice only. Neither your personal objectives, financial situation or needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice. Garry Davis (AR No:317590) is an authorised representative of Primary Securities Ltd (AFSL No. 224107). Note to traders* The publishers of this material wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this material. It must also be noted that trading in the stock market involves risk of losing money. Investors and traders can take numerous steps to mitigate such risks with a clear plan, clear targets and entry prices, and strong support from an experienced trader. This approach underpins everything we do and is where we advise EVERY member to start, and you have access to Garry to support you in creating a trading plan that suits YOUR risk profile, timeframe, capital allocation etc.

Trump's agenda causing market mayhem - many ST moves have no meaning The benefits of an open mind & confirmation Absence of clarity about process - this market will "skin you alive" For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=N8whMni_a2g $1 MEMBERSHIP - for more in depth market commentary, sector analysis and education plus weekly stock recommendations, join our $1 Trial of Portfolio Analyst – https://www.specialistshareeducation.com.au How to Construct a Successful Stock Portfolio that is right for YOU... for just $49 - https://www.specialistshareeducation.com.au/portfolio-construction FREE MINI COURSE - Trading with Precision, not Prediction - https://www.specialistshareeducation.com.au/twp-signup Any advice in this video is general advice only. Neither your personal objectives, financial situation or needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice. Garry Davis (AR No:317590) is an authorised representative of Primary Securities Ltd (AFSL No. 224107). Note to traders* The publishers of this material wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this material. It must also be noted that trading in the stock market involves risk of losing money. Investors and traders can take numerous steps to mitigate such risks with a clear plan, clear targets and entry prices, and strong support from an experienced trader. This approach underpins everything we do and is where we advise EVERY member to start, and you have access to Garry to support you in creating a trading plan that suits YOUR risk profile, timeframe, capital allocation etc.

Markets get a reality check Fed sat still, but policy changes are coming Now a correction starts - to be cushioned by rate cuts For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=ZN8JNnU9ifM $1 MEMBERSHIP - for more in depth market commentary, sector analysis and education plus weekly stock recommendations, join our $1 Trial of Portfolio Analyst – https://www.specialistshareeducation.com.au How to Construct a Successful Stock Portfolio that is right for YOU... for just $49 - https://www.specialistshareeducation.com.au/portfolio-construction FREE MINI COURSE - Trading with Precision, not Prediction - https://www.specialistshareeducation.com.au/twp-signup Any advice in this video is general advice only. Neither your personal objectives, financial situation or needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice. Garry Davis (AR No:317590) is an authorised representative of Primary Securities Ltd (AFSL No. 224107). Note to traders* The publishers of this material wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this material. It must also be noted that trading in the stock market involves risk of losing money. Investors and traders can take numerous steps to mitigate such risks with a clear plan, clear targets and entry prices, and strong support from an experienced trader. This approach underpins everything we do and is where we advise EVERY member to start, and you have access to Garry to support you in creating a trading plan that suits YOUR risk profile, timeframe, capital allocation etc.

Get the process right + discipline, good outcomes will follow Critical Fed meeting next week Same message - no action except heightened awareness / readiness For the full experience, watch the YouTube video at https://www.youtube.com/watch?v=NMrGwZ0Nj9U $1 MEMBERSHIP - for more in depth market commentary, sector analysis and education plus weekly stock recommendations, join our $1 Trial of Portfolio Analyst – https://www.specialistshareeducation.com.au How to Construct a Successful Stock Portfolio that is right for YOU... for just $49 - https://www.specialistshareeducation.com.au/portfolio-construction FREE MINI COURSE - Trading with Precision, not Prediction - https://www.specialistshareeducation.com.au/twp-signup Any advice in this video is general advice only. Neither your personal objectives, financial situation or needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice. Garry Davis (AR No:317590) is an authorised representative of Primary Securities Ltd (AFSL No. 224107). Note to traders* The publishers of this material wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this material. It must also be noted that trading in the stock market involves risk of losing money. Investors and traders can take numerous steps to mitigate such risks with a clear plan, clear targets and entry prices, and strong support from an experienced trader. This approach underpins everything we do and is where we advise EVERY member to start, and you have access to Garry to support you in creating a trading plan that suits YOUR risk profile, timeframe, capital allocation etc.