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IOZ - iShares CORE S&P/ASX 200 ETF

The blue line is now support.

Distribution ann just 32c compared to 36c the last corresponding period. Surprised it's not more after the run up in the ASX200 the past few months. Maybe dividends are lagging or didn't improve as you would have thought.

 
The break above the blue line and the medium term upward trend looks tenuous. :-(

Another opportunity to add coming up perhaps.

Even though ducati is scaring the hell out of me.

 
Missed the past couple of small opportunities to top up on this. Aiming to raise holdings on dips but there hasn't really been any significant ones for a while like Mid and Nov '22. Maybe Aug this year was one also missed. A little support across 3300 established.

 
A decent correction from ATHs around 34.50. It's been an ugly week or so, especially for the big banks which have been responsible. CBA has probably been overvalued for some time. I think I read somewhere it was the most expensive bank in the world a few weeks ago. I remember it breaking $110 and I thought whoaha, that's a big p/e for a bank, but it just kept going.

Maybe support at 3250 ish with the 200 dma again.

 
Back to ATHs lately after a 3 month correction. Buying major dips on this could be a good strategy, but who knows.

With CBA and the other banks trading at near double their longer term pe's something has to give. Not sure where all the money is coming from to prop up those valuations. Perhaps our compulsory super has to go somewhere. Must be worth gazillions now.

ASX 200 stats:

Dividend yield is currently way below average.
pe ratio very high.
Earnings way below average.
Historical returns low.

I can't see any great reason to add to this at the moment except the trend is your friend.


1 yearly, 5 yearly.

 
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