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Daily Report

Tune in for a daily download from investing professionals ‘in the trenches’ who summarise key events each market day.

Daily Report

Resources - is the run over?

A more subdued session today at the index level with the market fairly flat, although under the hood, there were a number of big movers. Macquarie Group (MQG) dropped...
James Gerrish
Market Matters
Daily Report

NAB cuts its dividend

Stocks fell today with the financials leading the decline – ANZ the worst of the banks after a litany of downgrades filtered through post yesterday’s result. The first...
ASL
+2
James Gerrish
Market Matters
Daily Report

ANZ leads market higher

A bullish day for Aussie stocks with the banks underpinning the strength at the index level following ANZ’s 1H numbers – more on that below, however hard to not see...
James Gerrish
Market Matters
Daily Report

ASX200 adds 2.34% for the month

Another day where sellers took the gong - the index traded down however there was a lot happening under the hood with the Macquarie Equities Conference underway – more...
+2
James Gerrish
Market Matters
Daily Report

ASX drifts back from highs

The ASX drifted marginally lower today, pulling back from recent highs but not aggressively so. Most Asian markets were higher while US futures were pretty flat during...
COL
HLS
James Gerrish
Market Matters
Daily Report

Flight Centre lands in a heap

I felt like I was one of only a handful in the city today with the Easter School Holidays overlapping ANZAC Day and creating the perfect excuse to take or extend...
BHP
CYB
+10
James Gerrish
Market Matters
Daily Report

Noflation should lead to imminent rate cut

Another really strong day for Aussie stocks as traders position for further interest rate cuts locally following a weaker than expected print on inflation at...
AWC
+5
James Gerrish
Market Matters
Daily Report

ASX 200 breaks 6300 – Energy stocks lead the way

The first day back on the desk following the Easter break and the market roared up through 6300 today on the back of some marginally positive leads overseas...
TLS
XRO
James Gerrish
Market Matters
Daily Report

Iron Ore tumbles

Surprisingly resilient day was seen on the local market today, once again held up by the banks. Resources took a hit though with the iron ore names finally coming off...
BHP
James Gerrish
Market Matters
Daily Report

RBA remains accommodative

The ASX brushed a weak overnight futures read early in the session as the banks caught a bid for the third day in a row. The buying caught a second wind mid-morning...
COH
RIO
James Gerrish
Market Matters
Daily Report

A sluggish start to the week, banks fail to ignite the ASX

The ASX 200 was in two minds throughout the trading day, twice trading a small margin above par but ultimately failed to make any headway in either direction to close...
James Gerrish
Market Matters
Daily Report

A bank led rally to finish the week

The banks got the green light today, and when money flows into the big 4 the index tends to follow. Market ran with speculation CBA would be cutting a fifth of its...
James Gerrish
Market Matters
Daily Report

BOQ kicks off bank reporting

The local market couldn’t replicate the strength seen in the US overnight. There was a switch out of growth names today into more defensives as resources and...
ASL
James Gerrish
Market Matters
Daily Report

When the RBA talks the AUD listens

The market brushed the weakness seen overnight to trade around even for much of the session. Just like yesterday it ebbed and flowed around 6220 handle on the ASX 200...
James Gerrish
Market Matters
Daily Report

Packer gets the feature – cha ching!

The market ebbed and flowed around 6220 handle on the ASX 200 today – the positive influence from the material stocks offset by some selling amongst the banks – CBA...
SGM
James Gerrish
Market Matters
Daily Report

Iron Ore rally continues – ASX outperforms

US Futures + Asian markets were all lower on the session today, however Australian stocks rallied – the ASX 200 up by 40pts – closing on its highs - thanks largely to...
+1
James Gerrish
Market Matters
Daily Report

ASX comes back down to earth

The downside momentum continued today, the local market selling off quickly from the open despite the futures pointing to a muted start. The index closed over 100...
James Gerrish
Market Matters
Daily Report

Market breaks 7 day winning streak

My kids love the Tashi books and last night I read the story about the Golem, which is a sort of clay giant that comes to life after Tashi – who tells some cracking...
GNC
HLS
James Gerrish
Market Matters
Daily Report

Miners lead the ASX higher

The local market threatened to fade the rally once again today, but instead some bidders in the afternoon managed to fight off any chance of another intraday slump and...
James Gerrish
Market Matters
Daily Report

Market roars early, fades late

Aussie stocks were bullish early thanks to strength overseas – resources the main driver early on pushing the index up to a 6270 high - smack on the high we saw on...
BHP
FMG
IPL
James Gerrish
Market Matters
Daily Report

China stimulus working its magic

The local market ran with the positive lead out of the US and Europe on Friday night, combining with some better than expected China PMI data to send the index over...
FMG
RIO
+1
James Gerrish
Market Matters
Daily Report

ASX set to round out the strongest quarter since 2009 on a high, testing 6200

Despite a soft lead overnight, and futures trading flat before the open, the local market has again managed to charge higher on intraday buying for the third session...
James Gerrish
Market Matters
Daily Report

What's happening in markets? Monday 4th March

Australia on track for a GDP-per-person recession as immigration remains the only thing in the way of a full-blown recession; Bloomberg reports that US and China are...
MTS
Patrick Poke
A Rich Life
Daily Report

What's happening in markets? Friday 1 March

The CEO is widely accepted to be the most important person in a company, but new research shows that their past history tells us very little about their future...
SIV
Patrick Poke
A Rich Life
Daily Report

What's happening in markets? Thursday 28 February

RBA Governor Lowe thinks house prices not the biggest problem in the economy; banks warn interest rates to be cut as unemployment rises; and "Perfect Storm" for...
Patrick Poke
A Rich Life
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