Sharesight users' top trades in US, ASX and NZX stocks – December 2022
Welcome to the December 2022 edition of Sharesight’s monthly trading snapshot, where we look at the top buy and sell trades by Sharesight users over the month. This month we have combined the snapshots for US stocks (including the Nasdaq, NYSE and AMEX), the ASX and NZX, providing a short summary of the key events for each market. For a more detailed look at the market-moving news behind Sharesight users’ most-traded stocks in 2022, see our yearly trading snapshots for US stocks, the ASX and NZX.
In December’s US snapshot, trades were strongly led by Tesla (NASDAQ: TSLA), which suffered steep losses throughout December, continuing on a downward trend that has lost the stock US$600 billion in market capitalisation since the beginning of 2022. Trades were followed by Amazon (NASDAQ: AMZN), which has also been on a downward trend, with analysts citing concerns over retail spending softness.
In December’s ASX snapshot, buy trades were strongly led by Vanguard’s Australian Shares Index ETF (ASX: VAS). In terms of individual stocks, buy trades were led by Pilbara Minerals (ASX: PLS), which saw its share price rise on a positive lithium price update. At the same time, sell trades were led by BHP (ASX: BHP), which is expected to soon take over OZ Minerals (ASX: OZL).
In December’s NZX snapshot, trades were strongly led by the Smartshares US 500 ETF (NZX: USF). In terms of individual stocks, trades were led by The Warehouse Group (NZX: WHS), which experienced a slight decrease in its share price since the beginning of the month. Trades were followed by Ryman Healthcare (NZX: RYM), which saw its share price plummet in December as rate hikes caused investors to dump retirement stocks.
- Track all your investments in one place, including stocks, mutual/managed funds, property, and even cryptocurrency
- Get the true picture of your investment performance, including the impact of brokerage fees, dividends, and capital gains with Sharesight’s annualised performance calculation methodology
- Run powerful reports built for investors, including performance, portfolio diversity, contribution analysis and future income
- Run tax reports including taxable income (dividends/distributions), capital gains tax (Australia and Canada), traders tax (Capital Gains for traders in NZ) and FIF foreign investment fund income reports (NZ)
Sign up for a FREE Sharesight account and get started tracking your investments today.
Disclaimer: This article is for informational purposes only and does not constitute a specific product recommendation, or taxation or financial advice and should not be relied upon as such. While we use reasonable endeavours to keep the information up-to-date, we make no representation that any information is accurate or up-to-date. If you choose to make use of the content in this article, you do so at your own risk. To the extent permitted by law, we do not assume any responsibility or liability arising from or connected with your use or reliance on the content on our site. Please check with your adviser or accountant to obtain the correct advice for your situation.
Sharesight product updates – December 2023
This month, we added support for five global brokers, plus the Istanbul Stock Exchange, along with a series of UX improvements across the product.
Top 20 trades in US stocks by Sharesight users – November 2023
Welcome to the November 2023 edition of Sharesight’s monthly USA trading snapshot, where we look at Sharesight users’ top 20 trades in US stocks.
Top 20 ASX trades by Sharesight users – November 2023
Welcome to the November 2023 edition of Sharesight’s monthly ASX trading snapshot, where we look at the top 20 trades Sharesight users made on the ASX.